| Revenue growth | Brokerage revenue flat sequentially despite lower volumes; other income up via IPOs. |
|---|---|
| Margins | Cost to serve increased due to compute, AI, and one-time technical hits. |
| Demand visibility | Strong retail participation; over 50% of customers use multiple products. |
| Management confidence | Confident but cautious; pivoting heavily toward AI and margin funding products. |
Growth
Cash market share grew to 15%, derivatives to 11%. MTF book is adding ₹600-700 Cr quarterly.
Outlook
Targets ₹400-500 Cr annual cost-to-grow spend; aiming for industry-leading market share convergence over 10 years.
Risks
Rising operational costs from AI and compute; MTF book vulnerability to sharp market corrections.
Last quarter's promises, checked
Delivered
- Commitment to scale bonds → Scaling well as a new product (= BEAT)
- Strategy to maintain consistent purpose/strategy → Remained consistent on UX and product launches (= BEAT)
- Partner with SSG/State Street → Obtained SEBI and CCI approval (= BEAT)
Partly delivered
- Launch US stocks → Testing phase, no launch date committed (= PARTIAL)
- Improve active derivative count → Sequentially soft due to market volatility/war (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: GROWW. Summary written with AI assistance from the document.
Billionbrains Garage Ventures Ltd: key numbers
- Share price
- ₹190.30
- Market cap
- ₹1,19,405 Cr
- Revenue (annual)
- ₹4,645 Cr
- Net profit (annual)
- ₹2,083 Cr
- P/E (TTM)
- 44.3×Sector 19.7×
- Promoter holding
- 27.13%-0.01% QoQ
- FII holding
- 10.90%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Billionbrains Garage Ventures Ltd
All →Billionbrains Garage Ventures Share Pledge
Golden Oak Trust (promoter group) pledged 1,50,000 shares of Billionbrains Garage Ventures to Aditya Birla Capital Ltd. The pledge covers 0.24% of total share capital, dated 19-Oct-2026.
Billionbrains Garage Ventures Employee Stock Options
Billionbrains Garage Ventures Limited granted 1,35,555 stock options to eligible employees under its ESOP Scheme 2024. The options are exercisable at Rs. 2 per share.
- Execution
- 10 years
Billionbrains Garage Ventures Investor Presentation: Key Takeaways
Groww reported strong performance for Q2 FY27 with Total Income at ₹1,541 Cr (+44% YoY) and PAT at ₹725 Cr (+54% YoY). Strategy focuses on scaling MTF, Commodity Derivatives, and Wealth offerings.
Billionbrains Garage Ventures Results Update
Groww published its Q2 FY27 shareholders' letter with consolidated income, EBITDA and market share highlights. The filing provides a quarterly financial and operational overview.
Billionbrains Garage Ventures Q2 FY27 Results: Net Profit ₹724.7 Cr, Up 53.8% YoY
Billionbrains Garage Ventures Ltd reported revenue from operations of ₹1,502 Cr (+47.4% YoY) and net profit of ₹724.7 Cr (+53.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹724.7 Cr · +53.8% YoY
Billionbrains Garage Ventures Promoter Reclassification
Billionbrains Garage Ventures Limited received requests from 41 members of its promoter group to be reclassified as public shareholders. The board will consider these requests.