About
Upsurge Investment & Finance Limited operates as a non-banking finance company in India. The company offers capital-growing and holistic managerial services; growth and funding advisory; structured financing and debt syndication; corporate and commercial loan services against equity and commodities; and capital-raising advisory services for seed funding and initial public offerings. It also provides corporate and financial advisory; business strategisation and management; institutional and syndicated financing; and retail financing services. The company serves small and mid-sized enterprises. Upsurge Investment & Finance Limited was incorporated in 1994 and is headquartered in Mumbai, India.
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | 14.00 | 10.00 | 7.00 | 21.00 | 13.00 | 36.00 | 16.00 | 28.00 | 14.00 | 17.00 | 14.00 | 6.00 | 7.00 |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 21.00 | -8.00 | 1.00 | 1.00 | 11.00 | 0.00 | 2.00 | 12.00 | 6.00 | 3.00 | 3.00 | 3.00 | 4.00 |
| Tax % | 22.00 | -22.00 | 28.00 | 0.00 | 30.00 | 34.00 | 0.00 | 20.00 | 21.00 | 16.00 | 18.00 | 17.00 | 8.00 |
| Net Profit | 16.00 | -6.00 | 1.00 | 1.00 | 8.00 | 0.00 | 2.00 | 9.00 | 4.00 | 3.00 | 2.00 | 3.00 | 3.00 |
| EPS in Rs | 7.33 | -2.84 | 0.42 | 0.47 | 3.83 | 0.15 | 0.88 | 4.68 | 2.96 | 1.81 | 1.64 | 1.73 | 2.26 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | 49.00 | 93.00 | 45.00 | 32.00 | 27.00 | 19.00 | 27.00 | 24.00 | 36.00 | 13.00 | 14.00 | 28.00 |
| Other Income | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 5.00 | 20.00 | 13.00 | 1.00 | 11.00 | 10.00 | -4.00 | 1.00 | 4.00 | 1.00 | 0.00 | 0.00 |
| Tax % | 36.00 | 19.00 | 15.00 | 43.00 | 13.00 | 5.00 | 0.00 | 9.00 | 20.00 | 18.00 | 0.00 | 14.00 |
| Net Profit | 3.00 | 16.00 | 11.00 | 0.00 | 9.00 | 9.00 | -4.00 | 1.00 | 3.00 | 1.00 | 0.00 | 0.00 |
| EPS in Rs | 1.47 | 7.95 | 7.43 | 0.33 | 6.16 | 5.99 | -2.68 | 0.76 | 2.01 | 0.34 | 0.13 | 0.09 |
| Dividend Payout % | 34.00 | 6.00 | 7.00 | 152.00 | 8.00 | 0.00 | 0.00 | 0.00 | 25.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22.00 | 20.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 |
| Reserves | 95.00 | 85.00 | 33.00 | 22.00 | 22.00 | 14.00 | 5.00 | 9.00 | 10.00 | 7.00 | 6.00 | 6.00 |
| Other Liabilities | 1.00 | 2.00 | 2.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 123.00 | 107.00 | 52.00 | 42.00 | 39.00 | 33.00 | 22.00 | 24.00 | 30.00 | 23.00 | 22.00 | 25.00 |
| Fixed Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CWIP | 13.00 | 5.00 | 7.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 31.00 | 32.00 | 14.00 | 12.00 | 3.00 | 11.00 | 6.00 | 7.00 | 5.00 | 2.00 | 2.00 | 2.00 |
| Other Assets | 79.00 | 70.00 | 32.00 | 30.00 | 36.00 | 22.00 | 16.00 | 17.00 | 25.00 | 21.00 | 20.00 | 23.00 |
| Total Assets | 123.00 | 107.00 | 52.00 | 42.00 | 39.00 | 33.00 | 22.00 | 24.00 | 30.00 | 23.00 | 22.00 | 25.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -15.00 | -26.00 | -2.00 | 10.00 | -15.00 | 2.00 | 4.00 | -4.00 | 4.00 | 6.00 | -2.00 | -3.00 |
| Cash from Investing Activity | 12.00 | -16.00 | 1.00 | -9.00 | 18.00 | 3.00 | -2.00 | -3.00 | -3.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activity | 9.00 | 41.00 | -1.00 | -1.00 | -1.00 | 0.00 | 0.00 | -1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Cash Flow | 6.00 | -1.00 | -2.00 | 0.00 | 3.00 | 5.00 | 2.00 | -8.00 | 2.00 | 6.00 | -2.00 | -3.00 |
| Free Cash Flow | -21.00 | -24.00 | -9.00 | 10.00 | -15.00 | 2.00 | 4.00 | -4.00 | 5.00 | 6.00 | -2.00 | -3.00 |
| CFO/OP % | -285.00 | -111.00 | -7.00 | 915.00 | -138.00 | 20.00 | -93.00 | -258.00 | 125.00 | 847.00 | -466.00 | -1,290.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|
Corporate Actions
7 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 21 Aug 2026 | 21 Aug 2026 | — | 0.50 | |
| Dividend | 22 Aug 2025 | 22 Aug 2025 | — | 0.50 | |
| Dividend | 23 Aug 2024 | 23 Aug 2024 | — | 0.50 | |
| Dividend | 24 Aug 2023 | 24 Aug 2023 | — | 0.50 | |
| Dividend | 18 Aug 2022 | 19 Aug 2022 | — | 0.50 | |
| Dividend | 03 Feb 2022 | 04 Feb 2022 | — | 0.50 | |
| Dividend | 18 Sep 2018 | — | — | 0.50 |