531390
Upsurge Invest. financials
- Market cap
- ₹144 Cr
- Sector
- Financial Services
What Upsurge Invest. does
Upsurge Investment and Finance Limited is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India and headquartered in Mumbai. Its income from operations comes from buying and selling securities held as stock-in-trade in the equity markets, with FY25 revenue growth attributed to strong equity-market performance. The company does not accept or renew public deposits, and has no subsidiaries, joint ventures, or associate companies. Its equity shares are listed on the BSE.
- Permanent employees on rolls
- 9
- Public deposits accepted
- None (non-deposit-taking NBFC)
- Subsidiaries / JVs / associates
- None
Quarterly results
Q1 FY27: revenue up 54.5%, net profit up 100.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 39 | 18 | 37 | 22 | 22 −44% | 9 −50% | 2 −95% | 34 +55% |
| EBITDA | 12 | 2 | 0 | 9 | 1 −90% | — | — | — |
| Net profit | 9 | 2 | 0 | 8 | 1 −89% | 1 −50% | -6 | 16 +100% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −36.0% 1Y
1Y: ₹102 on 10 Sept 2025 → ₹65.26. High ₹102 (10 Sept 2025), low ₹57.02 (30 Mar 2026).
Financials, as filed
Revenue grew 17.7% a year over 3 years, FY23 to FY26.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹34 Cr | ₹59 Cr | ₹113 Cr | ₹55 Cr |
| Operating profit | ₹1 Cr | ₹13 Cr | ₹20 Cr | — |
| Operating margin | 3.2% | 22.6% | 17.6% | — |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹1 Cr | ₹11 Cr | ₹15 Cr | ₹4 Cr |
| Net margin | 1.5% | 18.6% | 13.3% | 7.3% |
| Cash from operations | ₹10 Cr | ₹-2 Cr | ₹-26 Cr | ₹-15 Cr |
| Free cash flow | ₹10 Cr | ₹-9 Cr | ₹-24 Cr | ₹-21 Cr |
| ROE | 1.0% | 27.0% | 20.0% | 3.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹20 Cr | ₹22 Cr |
| Reserves | ₹14 Cr | ₹22 Cr | ₹22 Cr | ₹33 Cr | ₹92 Cr | ₹95 Cr |
| Borrowings | ₹4 Cr | ₹2 Cr | ₹2 Cr | ₹3 Cr | ₹26 Cr | ₹5 Cr |
| Other liabilities | ₹0 Cr | ₹0 Cr | ₹2 Cr | ₹2 Cr | ₹1 Cr | ₹1 Cr |
| Total liabilities | ₹33 Cr | ₹39 Cr | ₹42 Cr | ₹52 Cr | ₹140 Cr | ₹123 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹7 Cr | ₹10 Cr | ₹13 Cr |
| Investments | ₹11 Cr | ₹3 Cr | ₹12 Cr | ₹14 Cr | ₹35 Cr | ₹31 Cr |
| Other assets | ₹22 Cr | ₹36 Cr | ₹30 Cr | ₹32 Cr | ₹94 Cr | ₹79 Cr |
| Total assets | ₹33 Cr | ₹39 Cr | ₹42 Cr | ₹52 Cr | ₹140 Cr | ₹123 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +3.94 pp while the public trimmed −3.94 pp. The shareholder count shrank 18% to 3,886.
- Promoters
- 54.6%
- Public
- 45.4%
Since Jun 2025
- Promoters +3.94 pp
- Public −3.94 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 54.4%, DIIs 0.0%, Public 45.6%.Dec '23: Promoters 57.1%, DIIs 0.0%, Public 42.9%.Mar '24: Promoters 59.0%, DIIs 0.0%, Public 41.0%.Jun '24: Promoters 59.0%, DIIs 0.0%, Public 41.0%.Sep '24: Promoters 50.6%, Public 49.4%.Dec '24: Promoters 50.6%, Public 49.4%.Mar '25: Promoters 50.6%, Public 49.4%.Jun '25: Promoters 50.6%, Public 49.4%.Sep '25: Promoters 50.6%, Public 49.4%.Dec '25: Promoters 50.6%, Public 49.4%.Mar '26: Promoters 54.6%, Public 45.4%.Jun '26: Promoters 54.6%, Public 45.4%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Capri Global Ventures Private Limited newly disclosed 1.82% held
The same filing shows 1 holder trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Upsurge Invest. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Gagan Deep Multitrade Private Limited | 15.71% | unchanged |
| Pratibha Dayakrishna Goyal | 14.99% | unchanged |
| D K Goyal (Huf) | 8.75% | unchanged |
| Daya Krishna Goyal | 8.21% | unchanged |
| Vikas Vijaykumar Khemani | 6.30% | unchanged |
| Navrati Anurag Gupta | 3.01% | unchanged |
| Reeta D Jain | 2.28% | unchanged |
| Choice Strategic Advisors Llp | 2.28% | unchanged |
| Yash Securities Pvt. Ltd. | 1.82% | unchanged |
| Capri Global Ventures Private Limited | 1.82% | newly disclosed |
| Upsurge Shares And Securities Private Limited | 1.80% | unchanged |
| Akruti Tradvest Private Limited | 1.27% | −0.45 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Upsurge Invest.
Guides on how to read this kind of business and the numbers that matter.