Billionbrains Garage Ventures Ltd.

GROWWFinancial Services filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

3 transcript(s)/analyst meet(s) served; 1 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 3 documents here); elsewhere sentences render unattributed.

Kind	Date	Period	Served
TRANSCRIPT	20251126	2025-09-30	yes
DUPLICATE	20251126	2025-09-30	no
TRANSCRIPT	20260120	2025-12-31	yes
TRANSCRIPT	20260424	2026-03-31	yes
TRANSCRIPT	20260717	2026-06-30	yes

GROWW

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity


Statement division	general
Scope served	consolidated
Panels on this page	4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.


Last close	186.55
52-week range	not reported for this period
Return 1M	-8.11%
Return 3M	-6.63%
Return 1Y	not reported for this period
Return 3Y	not reported for this period
Return 5Y	not reported for this period
Market capitalisation	not shown — we could not confirm it
Shares outstanding	not shown — we could not confirm it
P/E	not shown — we could not confirm it
P/B	not shown — we could not confirm it
EV/EBITDA	not shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.


Revenue from operations	1,501.00
Other income	47.00
Total income	1,549.00
Cost of materials consumed	0.00
Purchases of stock-in-trade	0.00
Changes in inventories	0.00
Employee benefit expense	182.00
Finance costs	7.00

Ownership — 2026-06-30, and the change from 2026-03-31

Holder	Per cent	Change
promoter and promoter group	0.27	-0.00
institutions foreign	0.07	0.04
institutions domestic	0.10	0.04
mutual funds	0.09	0.03
public	0.72	0.00

Documents on file

Class	Most recent	On file
DUPLICATE	2025-09-30	1
TRANSCRIPT	2026-06-30	4

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line	2025-09-30	2025-12-31	2026-03-31	2026-06-30
Revenue from operations	1,019.00	1,216.00	1,505.00	1,501.00
Other income	52.00	45.00	30.00	47.00
Total income	1,071.00	1,261.00	1,536.00	1,549.00
Cost of materials consumed	0.00	0.00	0.00	0.00
Purchases of stock-in-trade	0.00	0.00	0.00	0.00
Changes in inventories	0.00	0.00	0.00	0.00
Employee benefit expense	124.00	157.00	173.00	182.00
Finance costs	11.00	10.00	8.00	7.00
Depreciation and amortisation	7.00	9.00	24.00	18.00
Other expenses	291.00	339.00	393.00	349.00
Total expenses	433.00	516.00	599.00	556.00
Profit before exceptional items and tax	638.00	746.00	936.00	993.00
Exceptional items	0.00	0.00	0.00	0.00
Profit before tax	638.00	746.00	936.00	993.00
Current tax	168.00	201.00	269.00	260.00
Deferred tax	-2.00	-3.00	-19.00	-3.00
Tax expense	166.00	198.00	249.00	257.00
Profit for the period	471.00	547.00	686.00	735.00
Profit attributable to owners	471.00	547.00	686.00	735.00
Profit attributable to non-controlling interests	0.00	0.00	0.00	0.00
Other comprehensive income	9.00	0.00	10.00	-0.00
Total comprehensive income	480.00	547.00	697.00	735.00
Earnings per share, basic	0.79	0.89	1.11	1.19
Earnings per share, diluted	0.77	0.87	1.09	1.17

Annual results, as filed

Line	2026-03-31
Revenue from operations	4,645.00
Other income	171.00
Total income	4,816.00
Cost of materials consumed	0.00
Purchases of stock-in-trade	0.00
Changes in inventories	0.00
Employee benefit expense	591.00
Finance costs	46.00
Depreciation and amortisation	48.00
Other expenses	1,307.00
Total expenses	1,992.00
Profit before exceptional items and tax	2,824.00
Exceptional items	0.00
Profit before tax	2,824.00
Current tax	770.00
Deferred tax	-32.00
Tax expense	738.00
Profit for the period	2,083.00
Profit attributable to owners	2,083.00
Profit attributable to non-controlling interests	0.00
Other comprehensive income	18.00
Total comprehensive income	2,101.00
Earnings per share, basic	3.47
Earnings per share, diluted	3.40

Balance sheet, as filed

Line	2025-09-30	2026-03-31
Total assets	13,677.00	18,541.00
Non-current assets	3,514.00	4,204.00
Current assets	10,163.00	14,337.00
Property, plant and equipment	51.00	22.00
Capital work-in-progress	0.00	0.00
Goodwill	1,340.00	1,239.00
Other intangible assets	44.00	165.00
Inventories	0.00	0.00
Trade receivables	131.00	277.00
Cash and cash equivalents	202.00	1,165.00
Total equity and liabilities	13,677.00	18,541.00
Equity	7,356.00	9,651.00
Equity share capital	1,198.00	1,248.00
Other equity	6,158.00	8,404.00
Total liabilities	6,321.00	8,890.00
Non-current liabilities	82.00	124.00
Current liabilities	6,239.00	8,766.00
Borrowings, non-current	36.00	15.00
Borrowings, current	136.00	209.00
Trade payables	5,389.00	8,057.00

Cash flow, as filed

Line	2025-09-30	2026-03-31
Net cash from operating activities	-153.00	-21.00
Net cash from investing activities	-1,308.00	-1,351.00
Net cash from financing activities	1,301.00	2,175.00
Purchase of property, plant and equipment	6.00	12.00
Net increase in cash	-159.00	804.00
con:CFO.BEFORE_TAX	128.00	712.00
con:INTEREST_RECEIVED.OPERATING	0.00	0.00
con:INTEREST_PAID.OPERATING	0.00	0.00
con:DIVIDENDS_RECEIVED.OPERATING	0.00	0.00
con:TAX_PAID.OPERATING	281.00	732.00
con:CF_OTHER.OPERATING	0.00	0.00
con:INVESTMENTS_PURCHASED	1,110.00	908.00
con:INVESTMENTS_SOLD	395.00	860.00
con:PPE_DISPOSALS	0.00	0.00
con:CF_INVESTING.SUBSIDIARIES_SOLD	0.00	0.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED	956.00	951.00
con:CF_INVESTING.JV_SOLD	0.00	0.00
con:CF_INVESTING.JV_ACQUIRED	0.00	0.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder	2025-11-12	2025-12-31	2026-03-31	2026-06-30
Promoter and promoter group	0.28	0.28	0.27	0.27
Domestic institutions	0.04	0.05	0.06	0.10
Mutual funds	0.03	0.04	0.05	0.09
Insurance companies	0.00	0.00	0.00	0.01
Foreign institutions	0.57	0.03	0.03	0.07
Government	—	0.00	0.00	—
Public	0.72	0.72	0.71	0.72
Non-institutional	0.11	0.64	0.63	0.55
Shares outstanding	6173596631	6173596631	6273596631	6273596631

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

Date	Quarter
2026-04-24	Q4FY26	Read the call
2026-01-20	Q3FY26	Read the call
2025-11-26	Q2FY26	Read the call

What they said about it, quarter by quarter

Topic	Q2FY26	Q3FY26	Q4FY26
Capital allocation	So, Prayesh it is difficult to predict for the future, but I would say that it is not going to be very different from the -- the overall spends are no…	And while it has scaled up fairly significantly post your acquisition, just wanted to understand how is this State Street partnership going to be an i…	I think we earlier also talked about that in last 1-1.5 years, the acquisition funnel has been slightly different primarily like you have seen that ma…
Debt and cash	—	Now, how do you plan to utilize the stake sale cash flow?	—
Demand	—	So all these are the products that AMC will keep on building and scaling as and when the users demand.	It's more, I think, the demand wise I think from the overall potential perspective and demand perspective there is a large market.
Guidance	Billionbrains Garage Ventures Limited (Groww) November 21, 2025 Before we begin, I would like to remind all the attendees that certain statements or c…	Right, so at what stage are we now as in when do we expect these revenues to come and from which year or from which quarter?	So as a percentage we expect that it to be kind of slightly Billionbrains Garage Ventures Limited (Groww) April 20, 2026 lower, but obviously there wi…
Margin	—	And second is, I was looking at our EBITDA margin on a like-for-like basis, excluding Fisdom, where it has expanded quite a bit.	What is the margin run rate or exit margin you are looking at for the next year?
People	—	—	The AMC business and Fisdom business will still have more investments in terms of hiring as well, which will increase the cost for that business.
Pricing	If you look at the pricing is very simple.	—	—
Revenue growth	Because the penetration will be a much larger growth rate factor than the growth of the customer as well.	And now it's 4% of the overall top line.	Second is in terms of cost to serve and cost to grow, both cost compared to revenue growth what pace we can assume expenditure growth versus let us sa…