Upsurge Investment & Finance (BSE 531390)₹54.70−4.05%Non Banking Financial Company (NBFC)
In the Mar 2026 quarter (standalone), Upsurge Investment & Finance reported revenue of ₹2.42 Cr, down 93.4% from Mar 2025, and net profit of −₹6.24 Cr, down 2,180.0% year on year. For the year to Mar 2026, revenue were ₹53.52 Cr and net profit ₹3.24 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.01 | 9.71 | 16.82 | 20.56 | 19.49 | 39.43 | 17.69 | 36.61 | 22.50 | 21.81 | 9.00 | 2.42 |
| Interest | 0.02 | 0.02 | 0.02 | 0.03 | 0.04 | 0.06 | 0.33 | 0.17 | 0.04 | 0.22 | 0.42 | 0.24 |
| Net interest income | 10.99 | 9.69 | 16.80 | 20.53 | 19.45 | 39.37 | 17.36 | 36.44 | 22.46 | 21.59 | 8.58 | 2.18 |
| Expenses | 7.26 | 6.50 | 13.78 | 17.25 | 13.76 | 27.58 | 15.60 | 36.47 | 13.24 | 20.67 | 7.40 | 10.20 |
| Financing Profit | 3.73 | 3.19 | 3.04 | 3.29 | 5.72 | 11.86 | 1.78 | −0.04 | 9.26 | 0.95 | 1.18 | −8.03 |
| Financing Margin % | 33.8% | 32.7% | 18.0% | 15.9% | 29.2% | 29.9% | 10.0% | −0.1% | 41.0% | 4.3% | 13.0% | −329.3% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 | 1.68 | 0.00 | 0.00 | 0.02 |
| Profit before tax | 3.72 | 3.18 | 3.03 | 3.29 | 5.70 | 11.83 | 1.77 | 0.48 | 10.91 | 0.94 | 1.17 | −8.01 |
| Tax % | 7.9% | 17.4% | 17.9% | 16.6% | 21.2% | 20.6% | 0.0% | 34.1% | 29.7% | 0.0% | 27.7% | −21.9% |
| Net Profit | 3.43 | 2.63 | 2.50 | 2.75 | 4.50 | 9.38 | 1.75 | 0.30 | 7.69 | 0.95 | 0.86 | −6.24 |
| EPS (Rs) | 2.25 | 1.72 | 1.63 | 1.80 | 2.95 | 4.69 | 0.87 | 0.14 | 3.82 | 0.46 | 0.41 | −2.85 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14.30 | 13.22 | 39.57 | 25.59 | 22.55 | 28.28 | 38.17 | 32.63 | 58.05 | 113 | 53.52 | 55.73 |
| Interest | 0.16 | 0.00 | 0.08 | 0.26 | 0.06 | 0.12 | 0.14 | 0.16 | 0.13 | 0.63 | 0.94 | 0.92 |
| Net interest income | 14.14 | 13.22 | 39.49 | 25.33 | 22.49 | 28.16 | 38.03 | 32.47 | 57.92 | 113 | 52.58 | 54.81 |
| Expenses | 13.90 | 12.59 | 35.70 | 24.07 | 26.53 | 18.63 | 27.29 | 31.60 | 44.76 | 93.35 | 49.36 | 51.51 |
| Financing Profit | 0.25 | 0.66 | 3.86 | 1.31 | −4.06 | 9.58 | 10.79 | 0.91 | 13.22 | 19.32 | 3.34 | 3.36 |
| Financing Margin % | 1.7% | 4.9% | 9.7% | 5.1% | −18.0% | 33.7% | 28.1% | 2.8% | 22.7% | 17.0% | 6.2% | 6.0% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.50 | 1.71 | 1.70 |
| Depreciation | 0.03 | 0.02 | 0.02 | 0.02 | 0.01 | 0.00 | 0.00 | 0.02 | 0.02 | 0.02 | 0.02 | 0.00 |
| Profit before tax | 0.21 | 0.63 | 3.82 | 1.28 | −4.07 | 9.56 | 10.76 | 0.88 | 13.20 | 19.76 | 5.01 | 5.01 |
| Tax % | 0.0% | 17.8% | 20.3% | 9.5% | 0.0% | 5.0% | 13.0% | 42.6% | 14.7% | 19.3% | 35.7% | — |
| Net Profit | 0.20 | 0.52 | 3.05 | 1.14 | −4.07 | 9.07 | 9.33 | 0.49 | 11.27 | 15.94 | 3.24 | 3.26 |
| EPS (Rs) | 0.14 | 0.35 | 2.00 | 0.75 | −2.69 | 5.98 | 6.15 | 0.34 | 7.42 | 7.94 | 1.48 | 1.84 |
| Dividend payout % | 0.0% | 0.0% | 25.0% | 0.0% | 0.0% | 0.0% | 8.1% | 151.5% | 6.8% | 6.3% | 34.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15.14 | 15.13 | 15.13 | 15.12 | 15.13 | 15.13 | 15.13 | 15.11 | 15.13 | 15.14 | 20.03 | 21.90 |
| Reserves | 5.83 | 6.02 | 6.53 | 9.57 | 8.69 | 4.63 | 13.71 | 22.26 | 22.06 | 32.58 | 84.74 | 95.30 |
| Borrowings | 3.97 | 0.33 | 0.91 | 5.44 | 0.61 | 2.62 | 4.06 | 1.72 | 2.28 | 3.20 | 0.19 | 4.62 |
| Other Liabilities | 0.04 | 0.06 | 0.33 | 0.03 | 0.05 | 0.11 | 0.16 | 0.18 | 2.38 | 1.53 | 2.31 | 1.05 |
| Total Liabilities | 24.98 | 21.54 | 22.90 | 30.16 | 24.48 | 22.49 | 33.06 | 39.27 | 41.85 | 52.45 | 107 | 123 |
| Fixed Assets | 0.23 | 0.19 | 0.16 | 0.09 | 0.05 | 0.04 | 0.04 | 0.25 | 0.22 | 0.19 | 0.17 | 0.14 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.54 | 5.12 | 13.27 |
| Investments | 1.93 | 1.84 | 1.84 | 4.73 | 7.24 | 6.04 | 11.05 | 2.82 | 12.15 | 13.60 | 32.57 | 30.66 |
| Other Assets | 22.82 | 19.51 | 20.90 | 25.34 | 17.19 | 16.41 | 21.97 | 36.20 | 29.48 | 32.12 | 69.41 | 78.80 |
| Inventories | 9.64 | 8.76 | 5.44 | 6.82 | 6.34 | 5.60 | 5.51 | 8.13 | 13.14 | 13.16 | 21.49 | 34.76 |
| Trade receivables | 1.01 | 0.09 | 0.00 | 0.58 | 0.13 | 0.21 | 0.01 | 0.53 | 0.00 | 0.01 | 0.00 | 0.16 |
| Cash & equivalents | 4.72 | 3.00 | 8.61 | 10.22 | 2.56 | 4.62 | 9.19 | 11.73 | 11.94 | 10.96 | 24.78 | 17.71 |
| Total Assets | 24.98 | 21.54 | 22.90 | 30.16 | 24.48 | 22.49 | 33.06 | 39.27 | 41.85 | 52.45 | 107 | 123 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −2.59 | −1.90 | 5.54 | 4.22 | −4.03 | 3.66 | 1.95 | −14.93 | 9.76 | −2.16 | −25.68 | −14.80 |
| Cash from investing activity | −0.05 | 0.19 | 0.08 | −2.55 | −2.73 | −1.62 | 2.62 | 18.32 | −8.83 | 1.35 | −16.48 | 11.53 |
| Cash from financing activity | 0.00 | 0.00 | −0.02 | −0.08 | −0.92 | 0.00 | 0.00 | −0.77 | −0.75 | −0.75 | 41.21 | 9.14 |
| Net cash flow | −2.63 | −1.72 | 5.61 | 1.59 | −7.67 | 2.07 | 4.56 | 2.53 | 0.20 | −1.57 | −1.06 | 5.79 |
| Capex | 0.09 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.02 | 0.24 | 0.00 | 0.00 | 0.02 | 0.00 |
| Free cash flow | −2.69 | −1.92 | 5.57 | 4.56 | −4.05 | 3.69 | 1.96 | −15.24 | 9.80 | −8.70 | −23.99 | −21.32 |
| CFO / OP % | −1,290.0% | −466.0% | 847.0% | 125.0% | −257.9% | −92.9% | 20.0% | −138.0% | 915.0% | −7.0% | −111.0% | −285.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 0.6% | 0.9% | 2.4% | 13.1% | 4.8% | −18.6% | 37.4% | 28.2% | 1.3% | 26.6% | 20.5% | 2.9% |
For the Mar 2026 quarter, Upsurge Investment & Finance reported revenue of ₹2.42 Cr, down 93.4% year on year and net profit of −₹6.24 Cr, down 2,180.0% year on year.
Upsurge Investment & Finance's revenue for the year to Mar 2026 were ₹53.52 Cr; over the last twelve months they were ₹55.73 Cr.
Net profit for the year to Mar 2026 was ₹3.24 Cr, and ₹3.26 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.84.
Cash from operations was −₹14.80 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹21.32 Cr.