Groww
168.10
-8.94(-5.05%)
Market Cap₹1,03,778.16 Cr
PE Ratio64.15
Company Performance:
1D-5.05%
1M+5.10%
6M+28.00%
1Y+28.00%
5Y+28.00%
View Company Insightsright
More news about Groww
16Jan 26
Groww shares surge 10% on strong Q3 results and State Street's ₹580 crore AMC investment
Billionbrains Garage Ventures shares surged 10% following strong Q3 results and State Street's ₹580 crore investment in Groww AMC. The company reported 25% YoY revenue growth to ₹1,216 crore and 16% QoQ net profit growth to ₹547 crore. Motilal Oswal maintained 'Buy' rating with ₹190 price target, citing market share gains and MTF book expansion of 38% sequentially.
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16Jan 26
Groww Q3 Results: Net Profit Drops 28% on One-Off Impact, Revenue Grows 25%
Billionbrains Garage Ventures reported Q3 FY26 consolidated net profit decline of 27.8% to ₹546.93 crore, primarily due to one-time tax gain in previous year. Revenue grew strongly by 24.8% to ₹1,216.07 crore with significant market share gains across stock market (28.8% vs 21.6%) and derivatives (18.1% vs 12.2%). Mutual fund SIP inflows increased 30% to ₹12,328 crore with market share improving to 13.7%. Analysts maintain positive outlook with Motilal Oswal and Citi both rating 'Buy' with ₹190 target price.
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15Jan 26
Groww Publishes Q3 FY26 Unaudited Financial Results in Newspapers
Billionbrains Garage Ventures Limited (Groww) has published its Q3 FY26 unaudited financial results in Financial Express and Kannada Prabha newspapers on January 15, 2026, fulfilling SEBI regulatory requirements. The Board approved these results on January 14, 2026, with publications also uploaded to the company website for stakeholder access.
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14Jan 26
Groww Utilizes ₹2,513 Crores from IPO Proceeds in Q3 FY26, Reports CRISIL Monitoring Agency
Billionbrains Garage Ventures (Groww) utilized ₹2,513.09 million from its ₹10,600 million IPO proceeds during Q3 FY26, with major deployments in cloud infrastructure (₹401.48 million), marketing (₹672.29 million), and subsidiary investments totaling ₹1,273.77 million. CRISIL's monitoring report confirms no deviations from offer document objectives, with ₹8,086.91 million remaining unutilized and deployed in fixed deposits earning 5.30-6.70% returns.
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14Jan 26
Groww Makes Q3FY26 Earnings Conference Call Recording Available to Investors
Billionbrains Garage Ventures Limited (Groww) has made its Q3FY26 earnings conference call recording available to analysts and investors following the call held on January 14, 2026. The company has complied with SEBI Regulation 30 disclosure requirements, with the audio recording now accessible through its official website for stakeholder review.
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14Jan 26
Groww Reports Strong Q3FY26 Results with Total Income of ₹12,611 Mn and 20.4 Mn Transacting Users
Billionbrains Garage Ventures (Groww) reported strong Q3FY26 results with total income of ₹12,611 Mn (+26% YoY) and 20.4 Mn transacting users (+25% YoY). The platform achieved significant market share gains across products, with stocks reaching 28.8% market share and equity derivatives at 18.1%. Revenue diversification continued with new products contributing substantially to growth, while the company completed Fisdow acquisition and announced strategic partnership with State Street Investment Management.
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14Jan 26
Groww Secures ₹580 Crore Investment from State Street Global Advisors for Asset Management Unit
Billionbrains Garage Ventures Limited (Groww) has secured a major investment of up to ₹580.03 crores from State Street Global Advisors for its asset management subsidiary. The deal involves 23% dilution through primary and secondary transactions, with State Street limited to 4.99% voting power. Expected to complete within six months, the transaction will establish a strategic partnership while maintaining Groww's control over its rapidly growing asset management business.
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14Jan 26
Groww: State Street Corp Makes Investment In Groww AMC
Billionbrains Garage Ventures (Groww) has announced a landmark strategic investment agreement with State Street Global Advisors for up to ₹580.03 crores in Groww AMC. The transaction combines ₹381.35 crores in secondary share purchases and ₹198.68 crores in primary subscriptions, resulting in up to 23% dilution while limiting State Street's voting power to maximum 4.99%. Additionally, Groww plans to acquire additional AMC shares worth up to ₹282.01 crores for working capital and growth initiatives.
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13Jan 26
Groww Q3 FY26 Results: Earnings Call Scheduled for January 14, Stock Up 40% Since Listing
Billionbrains Garage Ventures Ltd., parent of Groww, will announce Q3 FY26 results on January 14, 2025, with an earnings call at 4:30 PM IST. In Q2 FY26, the company reported revenue decline of 9.4% to ₹1,018.74 crore but improved profitability with profit rising to ₹471.33 crore. Since its November 2025 listing at ₹114 per share, the stock has gained over 40% and is up 5.17% year-to-date.
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13Jan 26
Groww Shares Extend Rally for Second Session on Kotak's Buy Rating and ₹190 Target
Billionbrains Garage Ventures shares rose 2% to ₹166 on Tuesday, extending gains for a second session after Kotak Institutional Equities initiated coverage with a Buy rating and ₹190 target price. The brokerage projects strong growth driven by underpenetrated segments and expects 20% revenue CAGR over FY2026-28E with EBITDA margins expanding to 65% by FY2028E.
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12Jan 26
Groww shares can rise another 20% despite post-listing jump, Kotak projects
Kotak Institutional Equities initiated coverage on Groww with a 'Buy' rating and ₹190 price target, joining Motilal Oswal and Jefferies in positive recommendations. The brokerage projects 35% EPS CAGR over FY26-28 driven by core broking growth and expansion in newer business segments. Despite recent volatility, the stock remains up 59% from its ₹100 issue price, though JM Financial maintains a contrarian 'Sell' view citing valuation concerns.
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12Jan 26
Kotak Securities Initiates Buy Rating on Groww with ₹190 Price Target
Kotak Securities has initiated coverage on Groww with a 'buy' rating and set a price target of ₹190.00 per share. This positive analyst recommendation represents institutional confidence in the digital investment platform's prospects and may influence investor sentiment and trading activity in Groww's stock.
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12Jan 26
Kotak Securities Initiates Buy Coverage On Groww With ₹190 Target Price
Kotak Securities initiates Buy coverage on Groww with ₹190.00 target price, citing the company's product-led growth engine and technology advantages. The brokerage projects 20% revenue CAGR over FY2026-28 with EBITDA margins expanding to 65% by FY2028, driven by wealth management expansion and higher-margin products like MTF and commodities.
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09Jan 26
Groww Schedules Earnings Conference Call for January 14, 2026 to Discuss Q3FY26 Financial Results
Billionbrains Garage Ventures Limited (Groww) has announced an earnings conference call for January 14, 2026 at 4:30 PM IST to discuss Q3FY26 unaudited financial results. The call requires mandatory pre-registration, and participants will receive joining details via email after registration. The company will make transcript and audio recording available on its investor relations website, ensuring broader accessibility to the financial discussions.
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07Jan 26
Groww Mutual Fund Launches Small-Cap Equity Scheme with January NFO
Groww Mutual Fund has launched the Groww Small Cap Fund, an open-ended equity scheme investing exclusively in small-cap stocks. The NFO opens January 8, 2026, and closes January 22, 2026, with a minimum investment of ₹500.00. Managed by Anupam Tiwari, the fund uses a QGaRP framework and benchmarks against the Nifty Smallcap 250 Index – TRI, targeting long-term capital appreciation for investors willing to accept higher volatility.
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07Jan 26
Groww Schedules Board Meeting on January 14, 2026 for Q3FY26 Financial Results Approval
Billionbrains Garage Ventures Limited (Groww) has scheduled a board meeting for January 14, 2026, to approve Q3FY26 unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The company has notified BSE and NSE in compliance with SEBI Regulation 29. Trading window restrictions for designated persons remain in effect from January 1, 2026, until 48 hours after results declaration, ensuring adherence to insider trading regulations.
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06Jan 26
Groww Receives Buy Call As Motilal Oswal Bullish Amid Retail Investment Boom
Billionbrains Garage Ventures shares rallied 3.2% following Motilal Oswal's Buy rating with ₹185 target price, citing Groww's dominant 26.8% NSE market share and strong growth prospects. The company has tripled revenue from FY23 to FY25 and expects further doubling over FY25-28 through strategic diversification from 85% broking revenue to 67% by FY28, supported by wealth management expansion and technology-led cost efficiency.
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27Dec 25
India's Investment Shift: Compounding Challenge Ahead
Indian household wealth has reached ₹1,300-1,400 lakh crore, growing at 13% over five years. While only 15-20% is allocated to capital markets compared to 50-60% in developed economies, mutual funds and listed equities are the fastest-growing asset classes. Individual mutual fund AUM has risen to ₹41 lakh crore, with household penetration doubling to 10-11%. SIPs have grown at a 25% CAGR over the past decade, now accounting for 31% of mutual fund AUM. Younger investors, particularly those under 30, are driving market momentum. Despite progress, India is still in the early stages of its investment journey, with a focus on increasing participation and developing long-term investment habits.
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24Dec 25
Groww Shares Surge 9.5% on Index Inclusion and Emergency Trading Platform Launch
Billionbrains Garage Ventures, parent company of Groww, saw its shares rally by 9.5% to ₹175.60 on the BSE. The surge is attributed to the company's upcoming inclusion in multiple BSE indices and the launch of 'Groww Lite', an emergency trading platform. Since its IPO, the stock has gained 75.60% from its issue price. The company reported a 12% increase in Q2 FY26 net profit to ₹471.33 crore, with customer assets growing 33% to ₹2.70 lakh crore.
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19Dec 25
Groww Issues Postal Ballot Notice for ESOP Amendments and Corporate Changes
Billionbrains Garage Ventures Limited has issued a comprehensive postal ballot notice seeking shareholder approval for five special resolutions, including ESOP scheme amendments covering 33.15 crore equity shares, extension to subsidiary companies, secondary acquisition provisions, funding arrangements through Groww Employee Welfare Trust, and Articles of Association amendments for director nomination rights. The remote e-voting process runs from December 20, 2025 to January 18, 2026.
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19Dec 25
Jefferies Initiates Buy Rating on Groww with Target Price of ₹180
Investment firm Jefferies has started coverage on Groww, assigning a Buy rating and setting a target price of ₹180.00 for the financial services platform. This initiation suggests a positive outlook for Groww's stock performance and potential upside from current levels.
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06Dec 25
Groww's Trading Platform Recovers from Brief Outage Caused by Cloudflare Glitch
Groww, an online trading platform, faced a temporary technical interruption affecting its services due to a glitch in Cloudflare, a third-party vendor. The outage lasted for a few minutes and was part of a global issue affecting multiple platforms. Groww quickly restored all services, reporting no material impact on its business operations. The company promptly informed stock exchanges about the incident, complying with regulatory requirements.
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28Nov 25
ICRA Reaffirms AA- (Stable) Rating for Billionbrains Garage Ventures, Highlighting Groww's Market Dominance
ICRA has reaffirmed its AA- (Stable) issuer rating for Billionbrains Garage Ventures Limited, the holding company of Groww Group. The rating reflects the company's strong market position, with its subsidiary Groww Invest Tech Private Limited holding a 27% market share in NSE active clients as of October 2025. The company's financial health is robust, with a net worth of Rs. 5,676.90 crore as of June 2025. This rating indicates very low credit risk and high safety for timely servicing of financial obligations.
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28Nov 25
Billionbrains Garage Ventures Injects Rs 1,044.67 Million into Subsidiary via Rights Issue
Billionbrains Garage Ventures Limited has invested Rs 1,044.67 million in its wholly-owned subsidiary, Finwizard Technology Private Limited (FTPL), through a rights issue. The company acquired 87,384 equity shares at Rs 11,954.94 per share. The investment aims to facilitate certain payouts and meet FTPL's working capital requirements. FTPL operates in the financial services sector, focusing on distribution of financial products, stock broking, and portfolio management services. The ownership structure remains unchanged, with FTPL continuing as a wholly-owned subsidiary.
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21Nov 25
Groww Reports Strong Q2 FY26 Results in First Post-IPO Earnings Call
Groww (Billionbrains Garage Ventures Limited) announced Q2 FY26 results, showing 12.64% quarter-on-quarter revenue growth to ₹10,187.42 million. The company reported a consolidated profit of ₹4,713.39 million. Groww highlighted growth in margin trading facility business and launched commodities trading. The company acquired Fisdom for ₹9,584.24 million, contributing 3% to revenues. Groww maintained an 80% organic customer acquisition rate and underwent corporate restructuring, including conversion of preference shares to equity shares.
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13Nov 25
Groww Shares Surge 5% to Hit New Peak; Co-founder Discusses Growth Strategy
Billionbrains Garage Ventures Ltd., parent of investment platform Groww, saw its shares rise 5% to Rs 137.45 on BSE, marking a 37.50% gain over its IPO price of Rs 100 and 20.57% above its listing price. Groww boasts over 10 crore registered users, growing at a 52.74% CAGR, and operates in 98% of India's pin codes. The company has upgraded its infrastructure, currently using only 20-25% capacity, allowing room for significant growth. Groww is focusing on expanding margin trade funding, commodities trading, and wealth management services. Despite recent regulatory changes, the company has shown resilience with only a 10% revenue decline in derivatives, offset by growth in non-derivatives revenue.
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Groww
168.10
-8.94
(-5.05%)
1 Year Returns:+28.00%
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