UGRO Capital Targets 15–20% AUM Growth From FY28; CEO Explains The Strategy | Business News
ET Now · 06 Nov 2026 · 6 min
Management interview of Ugro Capital Ltd (UGROCAP), with 8 key numbers discussed.
- Anuj Pandey, Chief Executive Officer, UGRO Capital
UGRO Capital anticipates flat AUM growth in FY27 as it runs down lower-yield assets and transitions into higher-yielding emerging-market LAP and embedded finance. AUM growth is targeted to accelerate to 15-20% from FY28 onwards. The company remains on track to achieve an ROA of 3-3.5% by FY29, with ROA improving by ~0.5% annually. The increase in GNPA and credit costs is attributed to the shifting target segment mix, which carries higher yields and margins. The final NCLT hearing for the Profectus Capital merger is scheduled for the 20th.