INTEGRATED FILING — NBFC



General information about company

Scrip code 511742
NSE Symbol UGROCAP
MSEI Symbol NOTLISTED
ISIN INE583D01011
Name of company Ugro Capital Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 07-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Business of lending and investing and primarily deals in financing SME and MSME sector
Start date and time of board meeting 07-02-2026   10:00:00
End date and time of board meeting 07-02-2026   14:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 2
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable


Financial Results — NBFC

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations
(i) Interest Income 31,055.09 93,714.74
(ii) Dividend Income 0.00 0.00
(iii) Rental Income 0.00 0.00
(iv) Fees and commission Income 2,478.54 6,931.47
(v) Net gain on fair value changes 737.20 1,426.42
(vi) Net gain on derecognition of financial instruments under amortised cost category 6,617.64 25,756.18
(vii) Sale of products (including Excise Duty) 0.00 0.00
(viii) Sale of services 0.00 0.00
(ix) Other revenue from operations
Total other revenue from operations
Total Revenue From Operations 40,888.47 1,27,828.81
Other income 3,945.27 5,305.87
Total income 44,833.74 1,33,134.68
2 Expenses
Cost of materials consumed 0.00 0.00
Purchases of stock-in-trade 0.00 0.00
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
Employee benefit expense 7,134.71 19,955.58
Finance costs 23,655.15 66,047.12
Depreciation, depletion and amortisation expense 1,398.57 4,090.33
Fees and commission expense 0.00 0.00
Net loss on fair value changes (2.96) (0.84)
Net loss on derecognition of financial instruments under amortised cost category 0.00 0.00
Impairment on financial instruments 5,997.12 15,197.39
(f) Other expenses
1 Other expenses 5,682.15 15,948.75
Total other expenses 5,682.15 15,948.75
Total expenses 43,864.74 1,21,238.33
3 Total profit before exceptional items and tax 969.00 11,896.35
4 Exceptional items 0.00 0.00
5 Total profit before tax 969.00 11,896.35
7 Tax expense
8 Current tax 445.33 2,858.30
9 Deferred tax (113.91) 656.30
10 Total tax expenses 331.42 3,514.60
11 Net Profit Loss for the period from continuing operations 637.58 8,381.75
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
17 Net profit (loss) from discontinued operation after tax 0.00 0.00
14 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
15 Total profit (loss) for period 637.58 8,381.75
16 Other comprehensive income net of taxes 55.17 (1,187.44)
17 Total Comprehensive Income for the period 692.75 7,194.31
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
20 Details of equity share capital
Paid-up equity share capital 15,223.40 15,223.40
Face value of equity share capital 10 10
21 Reserves excluding revaluation reserve
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations 0.45 7.3
Diluted earnings per share from continuing operations 0.41 6.69
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0 0
Diluted earnings per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings per share 0.45 7.3
Diluted earnings per share 0.41 6.69
23 Debt equity ratio 3.2300 3.2300
24 Debt service coverage ratio
25 Interest service coverage ratio
26 Disclosure of notes on financial results


Remarks

23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio




Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments


Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of the defined benefit plans 16042000 15595000
Total Amount of items that will not be reclassified to profit and loss 16042000 15595000
2 Income tax relating to items that will not be reclassified to profit or loss 46.71 45.41
3 Amount of items that will be reclassified to profit and loss
1 The effective portion of gains and (loss) on hedging instrument in a cash flow hedge -8259000 -183123000
Total Amount of items that will be reclassified to profit and loss -8259000 -183123000
4 Income tax relating to items that will be reclassified to profit or loss (24.05) (533.25)
5 Total Other comprehensive income 55.17 (1,187.44)




Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 08-10-2025
Amount Raised 5,34,64,03,985.00
Report filed for Quarter ended 31-12-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable India Ratings & Research Private Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation The total funds raised through preferential issue has been fully utilised, during the quarter ended 31st December 2025, towards the objects of the issue i.e. acquisition of Profectus Capital Private Limited
Comments of the Audit Committee after review Nil
Comments of the auditors, if any Nil
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (2)

Amount in (Lakhs)

Mode of Fund Raising Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 24-06-2025
Amount Raised 3,80,72,20,806.00
Report filed for Quarter ended 31-12-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable India Ratings & Research Private Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation It is pertinent to note that the the total funds raised through rights issue on 24th June 2025 has been fully utilized as of 31st December 2025. Accordingly, this disclosure is being provided.
Comments of the Audit Committee after review Nil
Comments of the auditors, if any Nil
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any


Signatory Details

Name of signatory Shilpa Bhatter
Designation of person Chief Financial Officer
Place Mumbai
Date 07-02-2026