Groww has announced the availability of its Q3FY26 earnings conference call recording for analysts and investors. Billionbrains Garage Ventures Limited, which operates under the Groww brand, conducted the earnings call on January 14, 2026, and has now made the audio recording accessible to stakeholders.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure requirements under Part A of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Roshan Dave signed the regulatory filing, ensuring proper compliance with stock exchange requirements.

Access to Earnings Call Recording

The audio recording of the Q3FY26 earnings conference call is now available on the company's website. Investors and analysts can access the complete discussion through the provided link, allowing them to review the financial performance and management commentary at their convenience.

Corporate Information

Billionbrains Garage Ventures Limited, formerly known as Billionbrains Garage Ventures Private Limited, operates from its registered office in Bangalore, Karnataka. The company maintains its corporate website at www.groww.in and provides investor relations support through dedicated communication channels.

The availability of the earnings call recording demonstrates the company's commitment to maintaining transparency with its investor community and ensuring compliance with regulatory disclosure requirements.

Groww delivered impressive Q3FY26 results, showcasing strong growth across key financial and operational metrics. The fintech platform reported total income of ₹12,611 Mn, representing robust 26% year-on-year growth, while building a user base of 20.4 Mn total transacting users.

Strong Financial Performance with Revenue Diversification

The company's financial performance demonstrated significant momentum across multiple quarters. Total income showed consistent growth trajectory, rising from ₹10,044 Mn in Q3FY25 to ₹12,611 Mn in Q3FY26.

Revenue diversification continued as a key strategic focus, with new products gaining significant traction. Stocks and Equity Derivatives, while growing 24% and 7% YoY respectively, saw their combined contribution to total income decline from 81% to 72% as newer products expanded their share.

Platform Economics Show Operational Efficiency

The company's platform economics revealed improved operational metrics with revenue growing faster than most cost categories. Revenue increased from ₹9,745 Mn in Q3FY25 to ₹11,874 Mn in Q3FY26, while adjusted EBITDA margin improved to 63.7% from 61.4%.

Market Share Gains Across Key Products

Groww strengthened its market position across all major product categories, demonstrating competitive advantages in user acquisition and retention. The platform achieved notable market share expansions in stocks and equity derivatives.

User Growth and Platform Expansion

The platform reached 20.4 Mn total transacting users, representing 25% YoY growth and 7% QoQ growth. Active users stood at 16.0 Mn, while total customer assets expanded to ₹3.0 Tn with 39% YoY growth. Multi-product adoption continued improving, with 49.5% of customers using two or more products, up from 47.6% in Q3FY25.

Commodity Derivatives emerged as a significant growth driver after its Q2FY26 launch, with 255k active users and 4.6% of total broking orders. The product contributed 3.5% of total income in Q3FY26, demonstrating rapid scaling capabilities.

Strategic Developments and Acquisitions

The company completed the 100% acquisition of Fisdow (Finwizard Technologies Private Limited) on October 3, 2025, with operations now fully consolidated. Additionally, Groww announced a strategic partnership with State Street Investment Management, involving approximately ₹5,800 Mn investment for a 23% stake in Groww Asset Management Limited.

The credit business through Groww CreditServ showed steady growth with the loan book reaching ₹13,900 Mn, growing 7% QoQ. Loans Against Securities more than doubled during the quarter, now representing 9.7% of the total loan book compared to 4.6% in the previous quarter.