Groww Q4FY26 profit jumps 122% YoY. Analysts remain bullish on growth but flag rich valuations. Check target prices, ratings, and outlook
Billionbrains Garage Ventures, the parent company of stock broking firm Groww, on Monday reported an over two-fold growth in profit after tax to Rs 686 crore for the three months ended March 2026. The company had posted a PAT of Rs 309 crore in the same quarter preceding fiscal. Its total income surged 81 per cent year-on-year to Rs 1,536 crore in the quarter under review from Rs 850 crore in the January-March quarter of 2025, Bengaluru-headquartered Groww said in a stock exchange filing. The firm's total transacting users stood at 2.16 crore at the end of the March quarter, marking a 25 per cent year-on-year (YoY) growth. Its active user base stood at 1.67 crore. Further, its total customer assets accelerated 36 per cent year-on-year to Rs 3 lakh crore. "Operating leverage played out across all the cost buckets, leading to PAT margin expanding by 8.3 per cent YoY ...and an absolute PAT margin of 44.7 per cent in Q4. As the revenue increases faster than the costs, which are largel
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Groww reported a revenue from operations of ₹1,505.37 crore, up 87.93 per cent from ₹801.01 crore in the year-ago period
Groww is likely report net income doubled to ₹660 crore in the three months through March from a year earlier, according to analyst estimates
Q4FY26 company results: Firms including Nelco, Indbank Merchant Banking Services, PNB Gilts, and SML Mahindra are also to release their January-March earnings today
BofA sees scope for re-rating as Groww drives further margin expansion, and establishes a credible present in wealth management
On the National Stock Exchange (NSE), Nifty Capital Markets gained 3.9 per cent, logging an intra-day high at 5,144.25
Groww share price soared 9 per cent to hit a new all-time high at ₹213 in Wednesday's trade, and the stock has surged 42 per cent thus far in April.
Groww stock was quoting 3.25 per cent higher at ₹192.71 on the back of heavy trading volumes
Seeks to provide exposure to India's public sector banking segment by tracking the Nifty PSU Bank Index - TRI
The firm outlined its next phase of growth centred on building "responsible intelligence" for every kind of investor
Groww share price fell as much as 4.87 per cent to ₹164.5 per share on the National Stock Exchange (NSE)
Old Bridge Mutual Fund has launched a flexi-cap scheme, while Groww Mutual Fund introduced the industry-first BSE Hospitals ETF tracking listed hospital companies
PGIM Inc. is looking to sell its loss-making India asset management unit after seeing little meaningful expansion since it acquired the business from Deutsche Bank AG a decade ago
Groww share price rose on strong volume on Friday: Till 01:08 PM; a combined 167.63 million equity shares changed hands on the NSE and BSE.
Billionbrains Garage Ventures' net profit fell 28 per cent in the December quarter, even as revenues rose 16 per cent on growth in new segments and a rising active client base
US-based asset manager State Street Investment Management will acquire a 23 per cent stake in Groww Asset Management for USD 65 million (Rs 580 crore), in a move aimed at strengthening its presence in India, the asset management arm of Billionbrains Garage Ventures said on Wednesday. The investment will be made in one or more tranches. The total investment comprises Rs 381 crore through secondary share purchases and about Rs 199 crore in fresh capital, which could dilute Groww AMC's stake up to 23 per cent. "The investment will help State Street Investment Management to strengthen its presence in India while also enabling the delivery of Indian-focused investment strategies to its clients globally," the US-based firm said in a statement. Separately, in a stock exchange filing, Groww AMC said it has entered into an agreement with State Street Global Advisors Inc, an entity that operates under the State 'Street Investment Management' brand, for an investment into the ...
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Groww attributed the drop in profit to a one-time long-term incentive that materialised in Q3FY25. When that is excluded, the company said that its Q3FY26 profit increased 24 per cent Y-o-Y