Focus verticals to reach 85% of AUM by FY29
EM LAP and embedded finance will constitute 85% of total AUM by FY29, up from 38% in Q4 FY26.
UGROCAPITAL / guidance tracker
Keep management guidance in view.
Ugro Capital · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
growth
Annualized opex reduction to ₹490 crore in FY27
Consolidated opex (Ugro + Profectus) to reduce from ~₹750 crore to ₹490 crore in FY27, a saving of ~₹220 crore.
No incremental equity through FY29
Growth will be funded entirely from internal accruals; no new equity issuance planned.
Steady-state ROA of 3-3.5% by FY29
Target ROA of 3-3.5% by FY29, with negligible contribution from co-lending and direct assignment income.