Billionbrains Garage Ventures Ltd

On a QoQ basis, consolidated net profit and revenue from operations rose 25.49% and 23.79%, respectively, in Q4 FY26. Profit before tax (PBT) increased 126.18% YoY and 25.62% QoQ to Rs 935.70 crore in Q4 FY26. EBITDA stood at Rs 938.7 crore in Q4 FY26, up 142% YoY and 30% QoQ. Total transacting users reached 21.6 million, marking a growth of 25% YoY and 6% QoQ. Groww's market share in the mutual funds segment rose to 14% from 12.3% last year, as per the company's investor presentation. Active users grew 19.9% YoY and 4.7% QoQ in Q4 FY26, as momentum in new user acquisitions continued from Q3. Total customer assets grew 36% YoY but declined 1.1% QoQ due to mark-to-market impact in Q4. Product attach improved across scaled products, with 72% for stocks, 60% for mutual funds, and 10% for equity derivatives. Customer activity on the platform increased, driven by higher adoption and engagement across products. On the impact of the ongoing conflict in West Asia, the fintech platform said markets witnessed high volatility in the quarter under review due to the ongoing geopolitical tensions. In the short term, such conditions tend to increase user activity on the platform, particularly across products like derivatives and commodities. However, this elevated activity is accompanied by higher associated costs, primarily due to increased risk and volatility, the company added. On a full-year basis, the company's consolidated net profit advanced 14.18% to Rs 2,083 crore on a 19.04% jump in revenue from operations to Rs 4,644.58 crore in FY26 over FY25. 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. Shares of Billionbrains Garage Ventures shed 0.27% to Rs 197.76 on the BSE.

Net profit of Billionbrains Garage Ventures rose 122.06% to Rs 686.35 crore in the quarter ended March 2026 as against Rs 309.09 crore during the previous quarter ended March 2025. Sales rose 87.93% to Rs 1505.37 crore in the quarter ended March 2026 as against Rs 801.01 crore during the previous quarter ended March 2025. For the full year,net profit rose 14.18% to Rs 2083.00 crore in the year ended March 2026 as against Rs 1824.37 crore during the previous year ended March 2025. Sales rose 19.04% to Rs 4644.58 crore in the year ended March 2026 as against Rs 3901.72 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1505.37801.01 88 4644.583901.72 19 OPM %62.3148.40 -59.0860.77 - PBDT960.15420.34 128 2869.282488.38 15 PBT935.70413.70 126 2821.412463.78 15 NP686.35309.09 122 2083.001824.37 14 Powered by Capital Market - Live

Billionbrains Garage Ventures will hold a meeting of the Board of Directors of the Company on 20 April 2026.

The stock has risen 18.36% over the last three sessions and touched a record high of Rs 198.50 today. Over the past three months, Groww shares have rallied 23.81%. Last month, a foreign brokerage initiated coverage on the stock with an 'overweight' rating and a target price of Rs 210. The brokerage highlighted Groww's strong market share gains and its appeal among aspirational investors. It also pointed to the company's cross-selling capabilities and operating leverage, which could help it outperform broader market growth. It added that while the stock may appear expensive as a discount broker, it looks attractive when evaluated as a broader consumer internet platform. Founded in 2018, Billionbrains Garage Ventures operates Groww, a full-stack digital investment platform offering services across stocks, mutual funds, derivatives and loans. The platform serves users across 98% of Indian pin codes, has 37 million demat accounts and manages Rs 2.6 lakh crore in assets under management through its broking, lending and asset management businesses. On the financial front, the company reported a 16.04% rise in consolidated net profit to Rs 546.33 crore on a 19.37% increase in revenue from operations to Rs 1,216.07 crore in Q3 FY26 over Q2 FY26. On a year-on-year basis, net profit declined 27.76% while revenue rose 24.79% in Q3 FY26. The decline in profit was due to a one-time gain of Rs 314.8 crore in the previous year related to long-term incentives paid to management. Excluding this impact, profit after tax grew 24% YoY to Rs 442.3 crore, indicating strong underlying performance. The stock made a strong market debut on 12 November 2025, listing at Rs 114 on the BSE, a 14% premium to its issue price of Rs 100. It closed its first day at Rs 130.94, up 30.93%. The IPO was subscribed 17.60 times and comprised a fresh issue of Rs 1,060 crore and an offer for sale of Rs 5,572.30 crore. The stock is currently up 97.30% from its issue price and 73.07% above its listing price.

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