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UGRO Capital Limited (UGROCAP) Fair Value & Analysis

Financial Services · IN · Market cap ₹14.9B

UC UGRO Capital Limited UGROCAP · NSE
Price₹97.82
Fair Value₹161.06
Upside+64.6%
Quality32/100
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Evidence: High Range ₹111.54 – ₹170.82

Fair value as of: Jul 3, 2026

From 20 valuation models · updated today

Share price +5.2% over the past month.

Price vs Fair Value (12 months)

₹189.95 ₹81.30 Fair Value ₹161.06 Jul 2025 Jul 2026

12‑month range ₹81.30 – ₹189.95 · fair‑value band ₹111.54 – ₹170.82 · the ₹97.82 price screens below the ₹161.06 fair value. As of Jul 3, 2026.

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Analysis

UGRO Capital Limited (UGROCAP) currently trades at ₹97.82, while our model-based Fair Value estimate is ₹161.06 — implying the stock looks roughly 64.6% undervalued today. We read business quality at 32/100 (below-average quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, UGRO Capital Limited generated revenue of ₹8.6B at a net margin of 20.4%. Revenue grew 56.0% year over year. It earns a return on equity of 7.1%. Net debt stands at ₹94.9B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹8.6B
Revenue growth (YoY) +56.0%
Net margin 20.4%
Return on equity 7.1%
Free cash flow ₹1.7B FY2026
P/E ratio 7.4
More key figures
Operating margin 25.7%
EPS (TTM) ₹13.18
EPS growth (YoY) -17.5%
Net debt ₹94.9B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

UGRO Capital Limited, a non-banking financial company, engages in the lending business in India. The company offers business loans to healthcare, education, chemicals, food processing/FMCG, hospitality, electrical equipment and components, auto components, textile, micro enterprises, and light engineering sectors. It also provides lending services for enterprise mortgages, school funding programs, machinery and equipment financing, and supply chain finance. In addition, it offers embedded finance; retailer and rooftop solar financing; electric vehicle financing; and loans against property and bank guarantee services. The company was formerly known as Chokhani Securities Limited and changed its name to UGRO Capital Limited in September 2018. The company was incorporated in 1993 and is based in Mumbai, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

UGRO Capital Limited reported revenue of ₹14.7B in FY2026 versus ₹2.7B in FY2022, a compound +53.1%/yr. Reported net income was ₹1.7B in FY2026, compounding +86.2%/yr from FY2022.

Revenue +53.1%/yr
FY22 ₹2.7B
FY23 ₹4.9B
FY24 ₹7.1B
FY25 ₹9.6B
FY26 ₹14.7B
Net income +86.2%/yr
FY22 ₹146M
FY23 ₹398M
FY24 ₹1.2B
FY25 ₹1.4B
FY26 ₹1.7B

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Frequently asked questions

Is UGRO Capital Limited (UGROCAP) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹161.06 versus a price of ₹97.82 — about +65% (undervalued). Model-based estimate, not financial advice.
What is the fair value of UGROCAP?
Our model-based fair value for UGRO Capital Limited is ₹161.06 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹97.82.
What is the quality score of UGROCAP?
UGRO Capital Limited has a Quality Score of 32/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of UGRO Capital Limited (UGROCAP)?
UGRO Capital Limited reported trailing-twelve-month revenue of about ₹8.6B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of UGROCAP?
The net profit margin of UGRO Capital Limited is about 20.4%, meaning it keeps roughly 20.4% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.