Quarterly Updates4 Aug 2026, 03:45 pm
Ugro Capital's GROx Disburses ₹1,853 Cr in Q1'FY27, Crosses 3.4 Lakh Customers
AI Summary
Ugro Capital Ltd reported strong Q1'FY27 performance driven by its embedded merchant finance platform, GROx (formerly MyShubhLife). GROx disbursed ₹1,853 crore in the quarter, with Assets Under Management (AUM) reaching ₹3,003 crore, a 32% increase quarter-on-quarter. The platform now serves approximately 3.4 lakh active customers. The company also completed its Emerging Market branch network build-out, comprising 317 branches, which disbursed ₹592 crore in Q1'FY27. Overall, total AUM stood at ₹15,013 crore, up 24% year-on-year. Profit Before Tax (PBT) was ₹61.5 crore, up 28% year-on-year. The company maintained a robust balance sheet with CRAR of 21.0% and a liquidity buffer of ₹1,864 crore.
Key Highlights
- GROx disbursed ₹1,853 crore in Q1'FY27, AUM grew 32% QoQ to ₹3,003 crore.
- Active customer base for GROx reached 3.4 lakh, with tens of thousands added monthly.
- Emerging Market branch network is complete with 317 branches; disbursed ₹592 crore.
- Total AUM grew 24% YoY to ₹15,013 crore; PBT up 28% YoY to ₹61.5 crore.
- Company maintains strong financials with CRAR 21.0% and liquidity buffer of ₹1,864 crore.
Price Impact
More from UGROCAP