Billionbrains Garage Ventures share price
NSE: GROWWBSE: 544603Capital MarketsLarge Cap
Billionbrains Garage Ventures Limited · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Nov 2025 · Issue price ₹100
Last close ₹191.12up ₹0.82 (0.43%)BSE ₹191.25
Share price at the NSE close on 29 Oct 2026. Previous close ₹190.30.
29 Oct: open ₹190.00, high ₹193.21, low ₹189.15
Range of traded prices from listing on 12 Nov 2025 to 28 Oct 2026
₹112.00Low, 12 Nov 2025₹227.20High, 29 Apr 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹1,19,901 Cr95th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 44.51
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 10.36
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonesince listing in Nov 2025
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 28.5%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 30.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 1,19,06,450
About Billionbrains Garage Ventures
Billionbrains Garage Ventures Limited runs Groww, a direct-to-customer digital investment platform in India used through a mobile app and website.123 Customers invest in mutual funds, stocks, exchange-traded funds and bonds, trade derivatives (contracts on stocks, indices or commodities), apply for IPOs (new share sales) and take loans, including margin funding to buy shares.4 Its W and Fisdom platforms serve affluent customers, and Groww Mutual Fund offers its own funds.4
It reports one business segment, financial services, all within India.3 Its subsidiary Groww Invest Tech Private Limited runs a broking business on its platform.5 Personal loans come from partner banks and NBFCs (non-banking finance companies) and from its NBFC subsidiary Groww Creditserv Technology Private Limited.6 At the end of March 2026 it had 12 direct subsidiaries, 4 step-down subsidiaries (subsidiaries of its subsidiaries) and 1 associate (a part-owned company it does not control).7
Groww was founded in 2016 by Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh, began as a mutual fund distribution platform, and is headquartered in Bengaluru.2 The listed company was incorporated in 2018.8 It entered asset management in May 2023 by acquiring Indiabulls Asset Management Company, now Groww Asset Management, and bought Fisdom on 3 Oct 2025.6910
The co-founders are its promoters and directors, with Lalit Keshre as chief executive officer and Ishan Bansal as chief financial officer.118 At the end of March 2026, its largest shareholders outside the promoter group were Peak XV Partners Investments VI-1, YC Holdings II, LLC and Ribbit Capital V L.P.12
Billionbrains Garage Ventures key points
Results
- In the quarter to Sep 2026, consolidated total income was ₹1,541 crore, up 44% from a year earlier; EBITDA (profit before interest, tax, depreciation and amortisation, excluding other income) was ₹969 crore, up 60%, and profit after tax ₹725 crore, up 54%.1314
- In the year to Mar 2026, consolidated revenue from operations rose 19.04% to ₹46,445.79 million and profit after tax rose 14.2% to ₹20,830 million.1516
- Consolidated EBITDA for the year to Mar 2026 was ₹27,464 million, against ₹23,724 million a year earlier.17
Market position
- Market share by product1819
Item quarter to Sep 2026 quarter to Sep 2025 Mutual fund SIP (systematic investment plan) inflows 14.8% 13.1% Stocks, retail average daily turnover (value traded per trading day) 15.4% 12.9% Equity derivatives, retail average daily turnover 11.0% 8.6% Margin trading book 2.7% 1.6% - Groww calls itself India's largest retail broking platform by active clients; it had 28% of NSE active clients (clients trading on the National Stock Exchange) in the quarter to Mar 2026.2021
- In the quarter to Sep 2026, 42 lakh users applied for equity IPOs through Groww, a 22% share of total IPO allotments.22
Users and activity
- At the end of September 2026, total transacting users reached 2.4 crore, up 27% in a year, counting everyone who has invested ₹1,000 or more or taken a loan, once per app (Groww, Fisdom, W); total customer assets reached ₹3.9 lakh crore, up 46%.2314
- Volumes and margin book19
Item quarter to Sep 2026 quarter to Sep 2025 Mutual fund SIP inflows ₹14,347 crore ₹11,254 crore Stocks, average daily turnover ₹14,430 crore ₹10,129 crore Equity derivatives, average daily turnover (notional for futures, premium for options) ₹12,322 crore ₹9,574 crore Margin trading book (loans to buy shares) ₹4,351 crore ₹1,668 crore - At the end of March 2026, 68% of active users had used more than one of its products.24
- At the end of March 2026, transacting users spanned 97% of India's PIN codes and 84% of them came from outside the top 6 cities; over 80% of new customers in the last 5 years came without paid marketing.2526
Revenue mix
- Share of total income, selected products272829
Item quarter to Sep 2026 quarter to Sep 2025 Equity derivatives 44.8% 56.9% Stocks 17.4% 17.8% Margin trading 10.1% 4.7% Commodity derivatives 6.2% 0.2% - In the quarter to Sep 2026, equity derivatives revenue fell 14.3% from the previous quarter; the company attributes most of it to SEBI's closing auction system (a 20-minute auction setting closing prices, effective 3 Aug 2026) and says the industry saw a similar decline.30
- Groww charges ₹20 an order in equity and commodity derivatives, and in stocks the lower of ₹20 and 10 basis points (hundredths of a percent) of the order.31
- In the quarter to Sep 2026, brokerage made up 70% to 75% of stocks revenue; the rest came from charges such as depository and pledge fees.32
Lending, wealth and funds
- Groww Asset Management's AUM (assets under management, the money its funds manage) grew 145% from a year earlier to ₹7,179 crore in the quarter to Sep 2026, 57% of it actively managed; its revenue rose 131% and it made a loss of ₹8.3 crore.33
- Assets in its wealth business passed ₹10,000 crore in the quarter to Sep 2026, when it finished integrating Fisdom; W offers mutual funds, insurance, AIFs (alternative investment funds) and PMS (portfolio management services).3435
- In the year to Mar 2026, ₹13,347 million of loans were disbursed through partner institutions and ₹13,891 million from its own book; personal loans were 86% of the own consumer credit book at the end of March 2026.3637
What the company expects
- On its earnings call of 14 Oct 2026, the company said its margin trading book adds ₹600 crore to ₹700 crore a quarter on average and expects the trend to continue.38
- In its presentation of 14 Oct 2026, the company said it expects less-penetrated products, such as margin trading and commodity derivatives, to grow faster and contribute more in the coming quarters.32
- The company stated in its annual report for the year to Mar 2026 that its goal is to become the largest wealth management platform in India and to raise the contribution of asset-based businesses.3940
Recent events
- On 4 Aug 2026, the company said State Street Global Advisors had completed its investment in Groww Asset Management, holding a 22.94% economic interest and 4.85% of voting rights; the group received ₹580 crore from it.4142
- On 30 Jul 2026, the company said ICRA had upgraded its issuer rating (an opinion of its creditworthiness) from AA- (Stable) to AA (Stable).43
- On 12 Nov 2025, its shares were listed on NSE and BSE after an IPO with a fresh issue of up to ₹10,600.00 million and an offer for sale of up to ₹55,723.01 million by existing shareholders.44
Last updated
All 44 sources, each with its page
- 1. Annual report, 30 Jul 2026, page 53
- 2. Annual report, 30 Jul 2026, page 42
- 3. Annual report, 30 Jul 2026, page 267
- 4. Annual report, 30 Jul 2026, page 15
- 5. Annual report, 30 Jul 2026, page 82
- 6. Annual report, 30 Jul 2026, page 18
- 7. Annual report, 30 Jul 2026, page 54
- 8. Annual report, 30 Jul 2026, page 38
- 9. Annual report, 30 Jul 2026, page 215
- 10. Annual report, 30 Jul 2026, page 71
- 11. Exchange filing, 14 Jan 2026, page 3
- 12. Annual report, 30 Jul 2026, page 100
- 13. Investor presentation, 14 Oct 2026, page 3
- 14. Investor presentation, 14 Oct 2026, page 10
- 15. Annual report, 30 Jul 2026, page 45
- 16. Annual report, 30 Jul 2026, page 46
- 17. Annual report, 30 Jul 2026, page 23
- 18. Investor presentation, 14 Oct 2026, page 5
- 19. Investor presentation, 14 Oct 2026, page 5
- 20. Annual report, 30 Jul 2026, page 42
- 21. Annual report, 30 Jul 2026, page 43
- 22. Investor presentation, 14 Oct 2026, page 6
- 23. Investor presentation, 14 Oct 2026, page 4
- 24. Annual report, 30 Jul 2026, page 25
- 25. Annual report, 30 Jul 2026, page 33
- 26. Annual report, 30 Jul 2026, page 23
- 27. Investor presentation, 14 Oct 2026, page 6
- 28. Investor presentation, 14 Oct 2026, page 6
- 29. Investor presentation, 14 Oct 2026, page 6
- 30. Investor presentation, 14 Oct 2026, page 7
- 31. Earnings call, 14 Oct 2026, page 10
- 32. Investor presentation, 14 Oct 2026, page 7
- 33. Investor presentation, 14 Oct 2026, page 9
- 34. Investor presentation, 14 Oct 2026, page 6
- 35. Investor presentation, 14 Oct 2026, page 9
- 36. Annual report, 30 Jul 2026, page 44
- 37. Annual report, 30 Jul 2026, page 18
- 38. Earnings call, 14 Oct 2026, page 5
- 39. Annual report, 30 Jul 2026, page 12
- 40. Annual report, 30 Jul 2026, page 50
- 41. Exchange filing, 4 Aug 2026, page 1
- 42. Investor presentation, 14 Oct 2026, page 8
- 43. Exchange filing, 30 Jul 2026, page 1
- 44. Annual report, 30 Jul 2026, page 54
Results
Consolidated; ₹ crore.Billionbrains Garage Ventures quarterly results
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,502 Crup 0.01%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹725 Crdown 1.41%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 48.3%
Revenue by quarter
Peak revenue ₹1,505 Cr, quarter to Mar 2026; lowest ₹904 Cr, quarter to Jun 2025
Net profit by quarter, a loss in red
| ₹ crore | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| Revenue | 904 | 1,019 | 1,216 | 1,505 | 1,501 | 1,502 |
| Net profit | 378 | 471 | 547 | 686 | 735 | 725 |
| Net margin | 41.8% | 46.3% | 45.0% | 45.6% | 49.0% | 48.3% |
Consolidated. The 6 quarters from Jun 2025, the first on record. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026
- Revenue
- ₹4,645 Cr
- Net profit
- ₹2,083 Cr
- Net margin
- 44.8%
| ₹ crore | Mar 2026 |
|---|---|
| Revenue | 4,645 |
| Net profit | 2,083 |
| Net margin | 44.8% |
Consolidated. Years to March. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, App based technology platform, which carries all its revenue.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.Billionbrains Garage Ventures PE ratio and valuation
Price to book
At or below today's level on 3% of 231 trading days since Nov 2025.
LowestHighest
Its median13.02Industry median1.44
Mutual fund holdings
249 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 75 of the 111 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.All 249 funds holding Billionbrains Garage Ventures
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 9
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 100
- CutCut. Funds that held fewer shares than at the end of the month before.
- 11
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 125
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 8
| Fund | |||
|---|---|---|---|
 Motilal Oswal Midcap FundMotilal Oswal Mutual Fund | 7,65,95,094 | 3.50% | ₹1,408.7 Cr |
 Kotak Mid Cap FundKotak Mahindra Mutual Fund | 5,11,03,054 | 1.41% | ₹939.8 Cr |
| Kotak Flexi Cap FundKotak Mahindra Mutual Fund | 3,30,00,000 | 1.14% | ₹606.9 Cr |
| Motilal Oswal Large and Midcap FundMotilal Oswal Mutual Fund | 2,54,92,355 | 2.36% | ₹468.8 Cr |
 Mirae Asset Large & Midcap FundMirae Asset Mutual Fund | 2,33,41,595 | 1.00% | ₹429.3 Cr |
 Nippon India Small Cap FundNippon India Mutual Fund | 1,65,23,048 | 0.38% | ₹303.9 Cr |
 SBI ELSS Tax Saver FundSBI Mutual Fund | 1,50,00,000 | 0.92% | ₹275.9 Cr |
| SBI Midcap FundSBI Mutual Fund | 1,39,00,000 | 1.10% | ₹255.6 Cr |
| Mirae Asset Midcap FundMirae Asset Mutual Fund | 1,34,54,846 | 1.27% | ₹247.4 Cr |
| Mirae Asset Large Cap FundMirae Asset Mutual Fund | 1,32,25,485 | 0.68% | ₹243.2 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 29 Oct 2025.Billionbrains Garage Ventures insider trading
Bought on the marketBought on the market. The value each filer stated for its purchases on the exchange, added up; gifts, transfers and pledges are not counted. A purchase filed with no value is counted under the sum, not in it. Sold on the marketSold on the market. The value each filer stated for its sales on the exchange, added up; gifts, transfers and pledges are not counted. A sale filed with no value is counted under the sum, not in it.
- Others0 purchases, 145 salesNo purchase₹57 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.−₹57 Cr2 pledges created · 7 pledges released · 23 pledge filings of unclear kind · 1 off-market move
- Promoters and promoter group: no market trade · 1 pledge created · 4 pledge filings of unclear kind
- Directors and key managers: no market trade · 1 pledge created
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Billionbrains Garage Ventures competitors and peers
Stockbroking & Allied, 44 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Billionbrains Garage Ventures in market cap.Finance companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Motilal Oswal Financial ServicesMOTILALOFS | 59,460 | 30.03 | 4.61 | +14.6% | −28.8% | 16.5% | 11.7% | 0.61% |
 360 ONE WAM360ONE | 43,861 | 35.18 | – | +29.4% | +10.7% | 12.7% | 9.8% | 1.32% |
 Nuvama Wealth ManagementNUVAMA | 32,916 | 30.40 | 7.99 | +12.9% | +5.2% | 28.5% | 15.6% | 1.57% |
 Angel OneANGELONE | 26,857 | 23.25 | 4.03 | +21.3% | +47.7% | 18.5% | 14.8% | 2.20% |
 IIFL Capital ServicesIIFLCAPS | 10,966 | 17.90 | 3.17 | +11.6% | +4.6% | 19.5% | 15.1% | 0.86% |
 Share India SecuritiesSHAREINDIA | 3,894 | 10.71 | 1.48 | +14.6% | +17.6% | 14.6% | 18.5% | 1.01% |
 Anand Rathi Share and Stock BrokersARSSBL | 2,975 | 20.68 | 2.15 | – | – | 10.7% | 13.8% | 1.06% |
 Monarch Networth CapitalMONARCH | 2,801 | 15.47 | 2.88 | +7.5% | +17.3% | 20.5% | 24.7% | 0.28% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Billionbrains Garage Ventures announcements
Billionbrains Garage Ventures share price by year
Each calendar year to 2025.Billionbrains Garage Ventures share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 156.17 | – | 188.77 | 131.33 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 12 Nov 2025.
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 186.57 | 190.80 | 186.12 | 190.30 | 189.11 | 1,19,26,762 | 44.3% |
| 27 Oct 2026 | 185.00 | 190.17 | 184.29 | 186.57 | 187.25 | 1,35,74,790 | 40.1% |
| 26 Oct 2026 | 181.00 | 185.86 | 177.50 | 184.48 | 183.01 | 1,92,75,406 | 37.2% |
| 23 Oct 2026 | 187.17 | 187.50 | 179.50 | 181.52 | 181.47 | 1,64,69,697 | 52.1% |
| 22 Oct 2026 | 190.00 | 190.00 | 186.10 | 187.07 | 187.53 | 1,07,81,201 | 52.0% |
| 21 Oct 2026 | 198.00 | 198.45 | 188.80 | 190.52 | 191.77 | 1,81,41,584 | 52.1% |
| 19 Oct 2026 | 200.85 | 202.95 | 197.61 | 198.08 | 200.66 | 2,09,01,514 | 52.9% |
| 16 Oct 2026 | 200.00 | 204.00 | 195.52 | 200.85 | 200.16 | 5,18,45,900 | 46.9% |
| 15 Oct 2026 | 192.60 | 200.80 | 190.80 | 197.98 | 196.44 | 5,61,53,051 | 47.2% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- GROWW
- BSE code
- 544603
- ISIN
- INE0HOQ01053
- Industry
- Capital Markets
- Website
- www.groww.in
- CIN
- L72900KA2018PLC109343
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2018
- Registered office
- Survey No. 16/1 and 17/2, Vaishnavi Tech Park, South Tower, 3 rd Floor, Ambalipura Village, Varthur Hobli , Bellandur, Bengaluru 560103, Karnataka
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
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