UGRO Capital Limited (NSE:UGROCAP) informed exchanges on 4 August 2026 that its board approved unaudited standalone and consolidated financial results for the quarter ended 30 June 2026, and separately approved the appointment of Beacon Investor Holdings Private Limited as its new Registrar and Share Transfer Agent.
Key Highlights
- The board approved unaudited standalone and consolidated financial results for Q1 FY27, reviewed by statutory auditors M/s G.P. Kapadia and Co., who issued an unmodified limited review conclusion.
- Standalone profit for the quarter ended 30 June 2026 stood at Rs 6,071.46 lakh, compared with Rs 3,413.04 lakh in Q1 FY26 and Rs 2,955.02 lakh in Q4 FY26.
- Standalone basic earnings per share for Q1 FY27 were Rs 3.97, against Rs 3.61 in Q1 FY26 and Rs 1.94 in Q4 FY26, on a face value of Rs 10 per share.
- Beacon Investor Holdings Private Limited was approved as the new Registrar and Share Transfer Agent, replacing MUFG Intime India Private Limited, with the effective transition date to be communicated separately.
About the Company
UGRO Capital Limited (NSE:UGROCAP) is a non-deposit-taking, non-banking financial company registered with the Reserve Bank of India and classified under the NBFC Middle Layer framework. Headquartered in Mumbai, the company focuses on small business lending in India and operates in a single reportable segment, with no geographical operations outside India.
Announcement in Detail
At its board meeting held on 4 August 2026, which commenced at 10:00 a.m. and concluded at 3:10 p.m., UGRO Capital's board considered and approved unaudited standalone financial results for Q1 FY27. Standalone total income rose to Rs 45,398.48 lakh from Rs 42,182.95 lakh in Q1 FY26. Total standalone expenses were Rs 40,532.43 lakh, yielding a standalone profit before tax of Rs 4,866.05 lakh against Rs 4,816.87 lakh in the year-ago quarter.
The board also approved replacing MUFG Intime India Private Limited as RTA with Beacon Investor Holdings Private Limited under Regulations 7 and 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. MUFG Intime will continue as RTA until a tripartite agreement is executed and the effective transition date is separately intimated to exchanges.
Impact on Investors
The filing shows standalone profit for Q1 FY27 at Rs 6,071.46 lakh, supported in part by a deferred tax credit of Rs 1,205.41 lakh, which investors will note contributed to the quarter's net profit exceeding its profit before tax. Shareholders will observe that standalone finance costs rose to Rs 24,817.71 lakh from Rs 20,537.41 lakh in Q1 FY26, reflecting higher borrowing costs year on year.
On the RTA change, the disclosed terms indicate that no disruption to investor services is expected in the interim, as MUFG Intime remains in place until the transition is formally completed. The effective date of the RTA switch will be communicated separately via exchange filings.
Sector / Market Context
India's NBFC sector remains under active regulatory oversight, with the RBI's Scale Based Regulation framework classifying entities into layers based on asset size and systemic importance. UGRO Capital operates in the Middle Layer tier, making its quarterly disclosures subject to both Regulation 33 and Regulation 52 of the SEBI Listing Regulations, which require limited review by statutory auditors.