Billionbrains Garage Ventures Ltd

On a year on year (YoY) basis, the company's net profit declined 27.76% while revenue from operations jumped 24.79% in Q3 FY26. The YoY decline in profit was largely attributable to a one-time gain of Rs 314.8 crore related to long-term incentive paid to management. Excluding this impact, operational performance remained robust, with profit after tax (PAT) recording 24% YoY growth to Rs 442.3 crore in Q3 FY26. Profit before tax (PBT) fell 27.09% YoY to Rs 744.85 crore during the quarter. Adjusted EBITDA stood at Rs 741.8 crore, up 24.03% YoY and 18.86% QoQ. The company's total transacting users reached 20.4 million, marking a growth of 7% QoQ and 25% YoY. Active Users grew 7.5% QoQ. Meanwhile, the company, along with Groww AMC'its wholly owned, non-material subsidiary'has executed a Share Subscription and Purchase Agreement (SSPA) and a Shareholders' Agreement (SHA) with State Street Global Advisors. Under the SSPA, State Street Global Advisors has agreed to invest up to Rs 580.02 crore through a combination of secondary share purchases and primary subscriptions, resulting in a dilution of up to 23% of Groww AMC's fully diluted share capital. Upon completion of the proposed transaction, State Street Global Advisors will hold no more than 4.99% of the aggregate voting power in Groww AMC. Billionbrains Garage Ventures (Groww) has built a sizeable footprint since its launch in 2018, emerging as a full-stack digital investment platform with offerings across stocks, mutual funds, derivatives and loans. It serves customers across 98% of Indian pin codes, operates 37 million demat accounts and oversees Rs 2.6 lakh crore in AUM through subsidiaries spanning broking, lending and asset management.Powered by Capital Market - Live

The board of  Billionbrains Garage Ventures at its meeting held on 14 January 2026 has approved the acquisition of further shares in Groww Asset Management, a wholly owned non-material subsidiary. The board also approved the execution of the Share Subscription and Share Purchase Agreement (SSPA), Shareholders' Agreement (SHA) between the Company, Groww Asset Management (Groww AMC) and State Street Global Advisors, Inc. (Buyer) for an investment into Groww AMC and noted the execution of Strategic Relationship Agreement between Groww AMC and the Buyer. The Company, along with Groww AMC, its wholly owned non-material subsidiary, has executed the SSPA and SHA with the Buyer. Pursuant to the SSPA, the Buyer has agreed to invest upto Rs 580.02 crore for a secondary purchase and primary subscription of shares resulting in dilution of up to 23% of the fully diluted share capital of Groww AMC (Proposed Transaction). Upon completion of the Proposed Transaction, the Buyer will not hold more than 4.99% of the aggregate voting power of the Groww AMC. Groww AMC is also entering into a strategic relationship agreement with the Buyer which shall be effective on a date agreed in writing between the Buyer and Groww AMC. Groww AMC, a wholly owned subsidiary of the Company, acts as the Investment Manager to Groww Mutual Fund. Upon consummation of the Proposed Transaction, Groww AMC will cease to be a wholly owned subsidiary and continue to be a subsidiary of the Company.Powered by Capital Market - Live

Net profit of Billionbrains Garage Ventures declined 27.76% to Rs 546.93 crore in the quarter ended December 2025 as against Rs 757.11 crore during the previous quarter ended December 2024. Sales rose 24.78% to Rs 1216.07 crore in the quarter ended December 2025 as against Rs 974.54 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1216.07974.54 25 OPM %59.19104.08 - PBDT754.331028.09 -27 PBT744.851021.57 -27 NP546.93757.11 -28 Powered by Capital Market - Live

Billionbrains Garage Ventures will hold a meeting of the Board of Directors of the Company on 14 January 2026.Powered by Capital Market - Live

Roughly 14.92 crore shares, amounting to about 2% of the company's outstanding equity, are now eligible for trading following the expiry of the lock-in, according to media reports. At the previous close of Rs 149.70 on the BSE, the newly unlocked shares are cumulatively valued at around Rs 2,233 crore. The lock-in expiry does not automatically mean these shares will be sold, only that holders are now free to trade them. Billionbrains Garage Ventures, the parent company of stockbroking platform Groww, made a strong debut on 12 November 2025, listing at Rs 114 on the BSE, a 14% premium to the issue price. It closed Day 1 at Rs 130.94, reflecting a 30.93% gain. The IPO, priced between Rs 95 and 100, was subscribed 17.60 times and included a fresh issue of Rs 1,060 crore and an offer for sale of Rs 5,572.30 crore. It went on to rally nearly 94% in its first five sessions, touching an all-time high of Rs 193.91 on 18 November 2025. Since hitting that peak, the stock has corrected 26.36%. Even so, it remains 42.80% above its issue price and 26.26% higher than its listing price. The company's market capitalisation currently stands above Rs 88,158.96 crore on the BSE. Groww has built a sizeable footprint since its launch in 2018, emerging as a full-stack digital investment platform with offerings across stocks, mutual funds, derivatives and loans. It serves customers across 98% of Indian pin codes, operates 37 million demat accounts and oversees Rs 2.6 lakh crore in AUM through subsidiaries spanning broking, lending and asset management. The company's consolidated net profit jumped 12.18% to Rs 471.33 crore despite a 9.48% decline in revenue from operations to Rs 1,018.74 crore in Q2 FY26 over Q2 FY25. On quarter on quarter (QoQ) basis, the company's consolidated net profit and revenue from operations climbed 24.57% and 12.64% in Q2 FY26. Powered by Capital Market - Live

Net profit of Billionbrains Garage Ventures rose 12.18% to Rs 471.34 crore in the quarter ended September 2025 as against Rs 420.16 crore during the previous quarter ended September 2024. Sales declined 9.48% to Rs 1018.74 crore in the quarter ended September 2025 as against Rs 1125.39 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1018.741125.39 -9 OPM %59.2348.89 - PBDT644.48576.24 12 PBT637.68569.99 12 NP471.34420.16 12 Powered by Capital Market - Live

On quarter on quarter (QoQ) basis, the company's consolidated net profit and revenue from operations climbed 24.57% and 12.64% in Q2 FY26. Profit before tax (PBT) climbed 26.73% QoQ to Rs 637.67 crore in Q2 FY26. Adjusted EBITDA stood at Rs 624.1 crore in Q2 FY26, down 13.04% QoQ and 23.05% YoY. Total transacting users reached 19 million, marking a growth of 5% QoQ and 27% YoY. Active Users grew 3.2% QoQ led by growth in new user acquisition supported by higher new users additions and broader engagement across multiple products. Of the 13% sequential rise in revenue, 4.5% was driven by newly acquired users, with the balance contributed by existing users. Providing an update on the acquisition of Fisdom (Finwizard Technology), the company said it completed the transaction in October 2025. While the Q2 FY26 balance sheet reflects the consolidation, the impact on the consolidated profit and loss statement will be visible from Q3 FY26. Fisdom reported revenue of Rs 166.3 crore in the previous year. Shares of Billionbrains Garage Ventures (Groww) debuted on stock exchanges on 12 November 2025. The counter listed at Rs 114, representing a premium of 30.93% over the issue price of Rs 100. Strong investor interest had already been evident during the IPO, which was subscribed 17.60 times. Groww has built a sizeable footprint since its launch in 2018, emerging as a full-stack digital investment platform with offerings across stocks, mutual funds, derivatives and loans. It serves customers across 98% of Indian pin codes, operates 37 million demat accounts and oversees Rs 2.6 lakh crore in AUM through subsidiaries spanning broking, lending and asset management.Powered by Capital Market - Live

The slide came after almost 94% surge over its IPO price of Rs 100, with the stock touching a record high of Rs 193.91 on Tuesday, 18 November 2025, and reaching a market capitalisation of about Rs 1.19 lakh crore. The stock's recent surge was driven by a classic short squeeze. Many traders had short sold the shares expecting a pullback, but the price kept rising instead. With only about 7% of shares available for trading and the rest locked in from IPO investors, demand outstripped supply and forced short sellers to buy back shares at higher prices. As some were unable to deliver shares at settlement, more than 30 lakh shares reportedly moved into the auction window, adding to the squeeze. Groww made a strong debut on 12 November 2025, listing at Rs 114, a 14% premium to the issue price. It closed Day 1 at Rs 130.94, reflecting a 30.93% gain. The IPO, priced between Rs 95 and 100, was subscribed 17.60 times and included a fresh issue of Rs 1,060 crore and an offer for sale of Rs 5,572.30 crore. From the fresh capital, Groww plans to invest in cloud infrastructure, marketing, its NBFC arm Groww Creditserv Technology, and the margin trading facility of Groww Invest Tech, with the remainder earmarked for corporate purposes and acquisitions. Founded in 2018, Groww has grown into a full scale digital investment platform offering stocks, mutual funds, derivatives and loans. It serves customers across 98% of Indian pin codes, manages 37 million demat accounts and oversees Rs 2.6 lakh crore in assets. For the six months ended 31 March 2025, the company reported a consolidated net profit of Rs 378.99 crore on operating income of Rs 904.40 crore. Powered by Capital Market - Live

Billionbrains Garage Ventures will hold a meeting of the Board of Directors of the Company on 21 November 2025.Powered by Capital Market - Live

The stock now trades 68.36% above its IPO price of Rs 100, underscoring sustained investor appetite following its debut. Groww made a strong market entry on 12 November 2025, listing at Rs 114, a 14% premium to the issue price. It closed Day 1 at Rs 130.94, reflecting a 30.93% gain. Strong investor interest had already been evident during the IPO, which was subscribed 17.60 times. The issue ran from 4 November to 7 November with a price band of Rs 95 to 100. The offering included a fresh issue of Rs 1,060 crore and an offer-for-sale of Rs 5,572.30 crore of shares from investor selling shareholders. From the fresh proceeds, Groww plans to allocate Rs 152.5 crore to cloud infrastructure, Rs 225 crore to brand building and performance marketing, Rs 205 crore to bolster the capital base of its NBFC arm Groww Creditserv Technology, and Rs 167.5 crore to support the margin trading facility business of Groww Invest Tech. The remaining funds will be directed towards general corporate purposes and future acquisitions. Groww has built a sizeable footprint since its launch in 2018, emerging as a full-stack digital investment platform with offerings across stocks, mutual funds, derivatives and loans. It serves customers across 98% of Indian pin codes, operates 37 million demat accounts and oversees Rs 2.6 lakh crore in AUM through subsidiaries spanning broking, lending and asset management. For the six months ended 31 March 2025, the company reported a consolidated net profit of Rs 378.99 crore and operating income of Rs 904.40 crore. Powered by Capital Market - Live