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Billionbrains Share Price: Billionbrains Garage Ventures Ltd, the parent of Groww, reported a 12 per cent year-on-year increase in consolidated profit attributable for the quarter ended September 2025.
The profit rose to Rs 471.33 crore from Rs 420.16 crore in the year-ago quarter. The stock gained around 5 per cent after the announcement.
Billionbrains Garage Ventures Ltd (Groww) shares are trading at Rs 166.70, up 6.44 per cent after the Q2 results announcement.
The previous close was Rs 156.62, with the stock opening at Rs 156.47, reaching a high of Rs 168.45, or 7.55 per cent and a low of Rs 156.14 during the session. The fully diluted market capitalisation stands at Rs 1,02,679.26 crore.
Groww’s parent company, Billionbrains Garage Ventures Ltd, made a strong market debut, listing at Rs 114 on the BSE,14 per cent higher than its IPO price of Rs 100, and at Rs 112 on the NSE, up 12 per cent from the issue price.
Since listing, the stock has also touched a 52-week high of Rs 193.91, which means it has risen about 70 per cent from the IPO price and around 70 per cent from the BSE listing price.
At the current market price, Billionbrains Garage Ventures Ltd (Groww) is trading about 15-16 per cent below its 52-week and record high of Rs 193.91.
As per the Q2 FY26 shareholder letter, Total Transacting Users reached 19 million, growing 5 per cent quarter-on-quarter and 27 per cent year-on-year.
Total Customer Assets increased to about Rs 2.7 lakh crore, representing 2 per cent QoQ and 33 per cent YoY growth. Active Users stood at 14.8 million, and mutual funds accounted for 53 per cent of total assets.
The company’s total income in Q2 FY26 was Rs 1,160 crore, higher than Rs 1,070.8 crore in Q2 FY25 and Rs 1,004.5 crore in Q1 FY26. Adjusted EBITDA for the quarter improved to Rs 717.7 crore from Rs 624.1 crore in Q2 FY25.
Profit After Tax was Rs 471.3 crore, stable compared to Q1 FY26 and higher than the adjusted comparable profit of the previous year.
Groww’s NSE Active Clients were 11.9 million compared to 12.3 million last year. Mutual fund SIP inflows rose to Rs 11,253.7 crore from Rs 8,383.2 crore a year earlier, reflecting stronger retail participation.
Retail cash trading volumes were almost flat at Rs 10,124.6 crore versus Rs 10,129.4 crore last year. Derivatives premium turnover fell to Rs 7,915.8 crore from Rs 9,573.5 crore, mainly due to regulatory changes impacting the segment.
Groww’s Margin Trading Facility continued to scale rapidly. The funded MTF book increased to Rs 1,668.3 crore in Q2 FY26 from Rs 1,035.8 crore in Q1 FY26. MTF Active Users grew to 78,000, compared with 55,000 in the previous quarter.
Loan Against Securities, a newly added offering, saw 9,800 users during the quarter.
The acquisition of Fisdom was completed in October 2025, and its financials will be consolidated from Q3 FY26. Fisdom generated Rs 166.3 crore in revenue last year.
Despite generating Rs 471.3 crore in operating cash during Q2 FY26, the company’s cash balance declined by 6 per cent compared to the previous quarter.
The reduction was due to investments toward expanding the MTF and LAS book and a Rs 961 crore payout related to the Fisdom acquisition.