# GROWW (GROWW) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/groww

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹191.84
- Change: +2.35%
- As of: 2026-09-18
- 1D return: +2.30%
- 5D return: -2.08%
- 1M return: -4.46%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, the stock is trading below its recent closing price of ₹191.76, indicating a potentially cautious technical stance. Daily and monthly timeframes are aligned in a bearish trend, as indicated by the Supertrend indicator on both periods. However, the weekly timeframe shows a bullish Supertrend direction, suggesting a potential conflict or divergence across different time horizons. On the daily chart, the price is below key moving averages including the 20-day EMA (₹193.93), 50-day EMA (₹195.14), and 20-day SMA (₹194.19), reinforcing the bearish short-term view. The stock is also below the daily Supertrend level of ₹204.78. The nearest support is identified at ₹189.28, approximately 1.29% below the current price, while the closest resistance is at ₹191.86, just 0.05% above. The stock has experienced a high-severity downward gap of 4% on September 16, 2026. Current risk metrics include an annualized volatility of 50% and a current drawdown of -13%.

Key formations on longer timeframes include an active Doji pattern on the monthly chart and an active Outside Bar on the weekly chart, both as of September 18, 2026. These patterns can sometimes signal indecision or potential reversals. The stock's position within its 252-day range is at 69%, suggesting it has traded higher over the past year. The presence of both bullish and bearish signals across different timeframes warrants close observation of upcoming price action.

- The stock closed at ₹191.76 on September 18, 2026.
- Daily and monthly Supertrend indicators signal a bearish trend, while the weekly Supertrend is bullish.
- Nearest support is at ₹189.28 (approx. 1.29% below current price); nearest resistance is at ₹191.86 (approx. 0.05% above current price).
- A high-severity downward gap occurred on September 16, 2026.
- Watch for a sustained break above ₹191.86 resistance or a move below ₹189.28 support for potential trend confirmation.

- Doji
- Outside Bar
- Harami
- Bullish Engulfing Reversal
- Hammer
- Inside Bar

### News Context

On September 16, 2026, a significant block deal involving Groww shares resulted in a price decline. Approximately 10.07 crore shares, representing about 1.69% of the equity, were transferred in deals worth nearly ₹2,000 crore. Peak XV Partners and Sequoia Capital were reportedly the sellers in these transactions. Peak XV Partners' stake was reduced from 15.68% at the end of June to approximately 14.2%. Despite the share price drop following the deal, brokerage firm Jefferies maintained a 'Buy' rating on Groww, citing significant upside potential and projecting 30% profit growth from its broking business through FY29. This comes after Groww reported strong year-on-year profit growth in its recent quarterly results.

- On September 16, 2026, a block deal involving approximately 10.07 crore Groww shares occurred, with Peak XV Partners and Sequoia Capital reportedly selling.
- The block deal's volume was around 1.69% of equity and the total transaction value was nearly ₹2,000 crore.
- Following the block deal, Groww shares fell by nearly 3% to 4% on September 16, 2026.
- Peak XV Partners' holding in Groww decreased from 15.68% to about 14.2% after the sale.
- Jefferies maintained a 'Buy' rating on Groww, projecting 30% profit growth from its broking business through FY29, and noted strong year-on-year profit growth in recent quarterly results.

- Peak XV sells Rs 1,756 crore Groww stake, clocks about 92x return - The Economic Times
- Groww block deal alert: Shares fall nearly 3% after 10.07 crore shares change hands; Peak XV, Sequoia Capital likely sellers
- Groww shares slump 4% after major block deal; what’s next for the stock?
- Groww shares fall 2.5% after 1.69% equity sold in Rs 1,999-crore block deal; Peak XV, Sequoia likely sellers
- Groww shares fall over 3% after block deal worth nearly ₹2,000 crore

### What Changed

As of September 18, 2026, Billionbrains Garage Ventures (GROWW) on the NSE has seen a slight increase in its stock price. The price moved from ₹187.44 to ₹191.76 between the previous observation and the current date. No new filings or news developments were reported during this period, indicating that the recent price movement occurred without new public disclosures or significant market events.

- Billionbrains Garage Ventures (GROWW) stock price increased to ₹191.76 on September 18, 2026, from ₹187.44 previously.
- No new filings were reported for Billionbrains Garage Ventures (GROWW) as of September 18, 2026.
- No new news developments were reported for Billionbrains Garage Ventures (GROWW) as of September 18, 2026.

### Official Filings

Billionbrains Garage Ventures Limited, trading as Groww, has recently disclosed several key developments. On August 4, 2026, the company announced the completion of an investment by State Street Global Advisors, Inc. (SSGA) into Groww Asset Management Limited (Groww AMC). This transaction resulted in SSGA holding 4.85% of the voting rights and a 22.94% economic interest in Groww AMC, leading to a potential dilution of up to 23% on a fully diluted basis. The company also held its 8th Annual General Meeting on August 24, 2026, where all resolutions were passed, including the adoption of financial statements for the fiscal year ending March 31, 2026, and the re-appointment of director Mr. Neeraj Singh. Additionally, Groww has been actively granting stock options to employees under its Employee Stock Option Scheme 2024. Between August 13 and September 8, 2026, the company granted a total of 867,497 options, each with an exercise price of ₹2, convertible into one equity share.

- On August 4, 2026, SSGA completed an investment in Groww AMC, acquiring a 4.85% voting stake and a 22.94% economic interest.
- The company's 8th Annual General Meeting was held on August 24, 2026, with all resolutions passed, including the adoption of FY26 financial statements.
- Between August 13 and September 8, 2026, Groww granted 867,497 employee stock options at an exercise price of ₹2 per option.
- The re-appointment of director Mr. Neeraj Singh was approved at the AGM on August 24, 2026.
- M/s. Nilesh Shah & Associates were appointed as Secretarial Auditors for five years at the AGM on August 24, 2026.

- Billionbrains Garage Ventures Limited has informed the Exchange regarding Grant of 325014 Options under Billionbrains Garage Ventures Limited Employee Stock Option Scheme 2024. |SUBJECT: ESOP/ESOS/ESPS
- NAME(S)OF THE ACQUIRER AND ITS(PAC) : Ribbit Capital V, L.P.
- NAME(S)OF THE ACQUIRER AND ITS(PAC) : Ribbit Cayman GW Holdings V, Ltd.
- Billionbrains Garage Ventures Limited has informed the Exchange regarding Grant of 392613 Options under Billionbrains Garage Ventures Limited Employee Stock Options Scheme 2024. |SUBJECT: ESOP/ESOS/ESPS
- NAME OF PROMOTER(S) OR PACS WITH HIM : Mr. Vikas Singh
- Billionbrains Garage Ventures Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 24, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results. |SUBJECT: Shareholders meeting
- Billionbrains Garage Ventures Limited has informed the Exchange regarding Grant of 149874 Options under Billionbrains Garage Ventures Limited Employee Stock Option Scheme 2024. |SUBJECT: ESOP/ESOS/ESPS

### Fundamentals

Billionbrains Garage Ventures (GROWW) has demonstrated a significant increase in revenue, with reported figures showing growth from ₹1,216.07 crore in Q3 FY2025-26 to ₹1,505.37 crore in Q4 FY2025-26, and further to ₹1,501.42 crore in Q1 FY2026-27. This top-line expansion has been accompanied by a notable rise in profitability. Operating profit increased from ₹720.0 crore in Q3 FY2025-26 to ₹938.0 crore in Q4 FY2025-26, and is projected to reach ₹970.0 crore in Q1 FY2026-27. The Operating Profit Margin (OPM) has also shown improvement, moving from 59.0% in Q3 FY2025-26 to 62.0% in Q4 FY2025-26, and is estimated at 65.0% for Q1 FY2026-27. Consequently, Net Profit has grown from ₹547.0 crore in Q3 FY2025-26 to ₹686.0 crore in Q4 FY2025-26, with a projection of ₹735.0 crore for Q1 FY2026-27. The company's financial health shows a substantial increase in Equity Capital from ₹21.0 crore in March 2024 to ₹366.0 crore in March 2025, alongside a rise in Borrowings from ₹91.0 crore to ₹610.0 crore over the same period. Investments have also grown significantly, from ₹1,448.0 crore in March 2024 to ₹1,907.0 crore in March 2025. The Cash Flow from Operations (CFO) has seen a decline, moving from ₹157.0 crore in March 2024 to an estimated ₹37.0 crore in March 2025, and further to ₹26.0 crore in March 2026. Free Cash Flow has also turned negative, from ₹878.0 crore in March 2024 to an estimated negative ₹979.0 crore in March 2025. Key monitoring areas include the sustainability of revenue growth, the trend in operating margins, and the management of cash flows, particularly the shift from positive to negative free cash flow.

- Revenue increased sequentially from ₹1,216.07 crore in Q3 FY2025-26 to ₹1,505.37 crore in Q4 FY2025-26, and was ₹1,501.42 crore in Q1 FY2026-27.
- Operating Profit Margin (OPM) improved from 59.0% in Q3 FY2025-26 to 62.0% in Q4 FY2025-26, with an estimate of 65.0% for Q1 FY2026-27.
- Net Profit grew from ₹547.0 crore in Q3 FY2025-26 to ₹686.0 crore in Q4 FY2025-26, projected at ₹735.0 crore for Q1 FY2026-27.
- Equity Capital increased from ₹21.0 crore in March 2024 to ₹366.0 crore in March 2025, while Borrowings rose from ₹91.0 crore to ₹610.0 crore in the same period.
- Cash Flow from Operations (CFO) decreased from ₹157.0 crore in March 2024 to an estimated ₹26.0 crore in March 2026, with Free Cash Flow turning negative from ₹878.0 crore in March 2024 to an estimated negative ₹979.0 crore in March 2025.

### Bull Case

The company's financial performance shows a significant increase in equity capital from ₹366.0 crore in March 2025 to ₹1248.0 crore in March 2026, alongside a substantial rise in reserves from ₹4446.0 crore to ₹8404.0 crore over the same period. This growth in equity and reserves is accompanied by an increase in total assets, from ₹10076.0 crore to ₹18511.0 crore, driven by higher investments and other assets. While operating cash flow has shown fluctuations, cash flow from financing activities has increased substantially, from ₹876.0 crore to ₹2175.0 crore, and net cash flow has turned positive, increasing from ₹53.0 crore to ₹804.0 crore between March 2025 and March 2026. The company also reported a TTM (Trailing Twelve Months) compounded sales growth of 38% and profit growth of 31%.

- Equity capital increased from ₹366.0 crore (Mar 2025) to ₹1248.0 crore (Mar 2026).
- Reserves grew from ₹4446.0 crore (Mar 2025) to ₹8404.0 crore (Mar 2026).
- Total assets rose from ₹10076.0 crore (Mar 2025) to ₹18511.0 crore (Mar 2026).
- Net cash flow improved from ₹53.0 crore (Mar 2025) to ₹804.0 crore (Mar 2026).
- TTM compounded sales growth was 38% and profit growth was 31%.

- Peak XV sells Rs 1,756 crore Groww stake, clocks about 92x return - The Economic Times
- Groww block deal alert: Shares fall nearly 3% after 10.07 crore shares change hands; Peak XV, Sequoia Capital likely sellers
- Groww shares slump 4% after major block deal; what’s next for the stock?
- Groww shares fall 2.5% after 1.69% equity sold in Rs 1,999-crore block deal; Peak XV, Sequoia likely sellers
- Groww shares fall over 3% after block deal worth nearly ₹2,000 crore

### Bear Case

The company's financial performance shows a mixed picture with some cautionary signals. While sales growth has been strong at 38% on a TTM basis, profit growth is also reported at 31% TTM. However, operating cash flow has been negative for the period ending March 2025 at ₹-962.0 and marginally negative for March 2026 at ₹-21.0. Free cash flow also remains negative for both periods, at ₹-979.0 for March 2025 and ₹-33.0 for March 2026. The company's balance sheet shows a significant increase in total assets from ₹10,076.0 in March 2025 to ₹18,511.0 in March 2026, with a corresponding rise in total liabilities. Investments have grown from ₹1,907.0 to ₹2,638.0, and fixed assets have increased substantially from ₹402.0 to ₹1,492.0, alongside a rise in equity capital and reserves. Recent news indicates significant block deals where major investors like Peak XV Partners and Sequoia Capital have sold substantial stakes, leading to a decline in share price. Technical indicators suggest a bearish trend on the daily and monthly timeframes, with the supertrend indicator pointing to a bearish direction on both.

- Operating cash flow was negative at ₹-962.0 for the period ending March 2025 and ₹-21.0 for March 2026.
- Free cash flow was negative for both periods ending March 2025 (₹-979.0) and March 2026 (₹-33.0).
- Significant stake sales by major investors, including Peak XV Partners and Sequoia Capital, have occurred recently.
- Technical indicators show a bearish trend on daily and monthly charts, with the supertrend indicator in a bearish direction.

- Peak XV sells Rs 1,756 crore Groww stake, clocks about 92x return - The Economic Times
- Groww block deal alert: Shares fall nearly 3% after 10.07 crore shares change hands; Peak XV, Sequoia Capital likely sellers
- Groww shares slump 4% after major block deal; what’s next for the stock?
- Groww shares fall 2.5% after 1.69% equity sold in Rs 1,999-crore block deal; Peak XV, Sequoia likely sellers
- Groww shares fall over 3% after block deal worth nearly ₹2,000 crore

### FAQs

**What recent block deals have occurred involving Billionbrains Garage Ventures Limited, and what has been the market reaction?**

Recent news reports indicate multiple block deals involving Billionbrains Garage Ventures Limited. On September 15, 2026, reports suggested Peak XV Partners Investments VI-1 and Sequoia Capital Global Growth Fund III - US/India Annex Fund, LP were set to sell shares. Subsequently, on September 16, 2026, a block deal involved the transfer of 10.07 crore shares at a floor price of ₹191.45. Another deal on September 18, 2026, saw Peak XV Partners sell about 91.7 million shares at an average price of ₹191.49, reducing their holding. Following these transactions, the company's shares have seen a decline, falling nearly 3% to 4% on different dates around these deals.

**How has Billionbrains Garage Ventures Limited's balance sheet changed between March 2025 and March 2026?**

Between March 2025 and March 2026, Billionbrains Garage Ventures Limited experienced significant changes in its balance sheet. Total Assets grew from ₹10,076.0 to ₹18,511.0. This growth was driven by increases in Investments (from ₹1,907.0 to ₹2,638.0), Fixed Assets (from ₹402.0 to ₹1,492.0), and Other Assets (from ₹7,768.0 to ₹14,381.0). Equity Capital increased substantially from ₹366.0 to ₹1,248.0, and Reserves grew from ₹4,446.0 to ₹8,404.0. Borrowings decreased from ₹610.0 to ₹292.0, while Other Liabilities rose from ₹4,654.0 to ₹8,567.0. Total Liabilities mirrored the increase in Total Assets, reaching ₹18,511.0 in March 2026.

**What is the recent trend in Billionbrains Garage Ventures Limited's cash flow from operations and free cash flow?**

Billionbrains Garage Ventures Limited's cash flow from operating activities has shown a trend towards breakeven, moving from a negative ₹962.0 in March 2025 to a negative ₹21.0 in March 2026. Similarly, Free Cash Flow improved from a negative ₹979.0 in March 2025 to a negative ₹33.0 in March 2026. However, Cash from Financing Activity significantly increased from ₹876.0 in March 2025 to ₹2,175.0 in March 2026, and Cash from Investing Activity shifted from a positive ₹140.0 to a negative ₹1,351.0 over the same periods.

**What are the key technical indicators for Billionbrains Garage Ventures Limited as of September 18, 2026?**

As of September 18, 2026, the daily trend for Billionbrains Garage Ventures Limited shows a bearish Supertrend direction at 204.78, with the closing price at 191.76. Exponential Moving Averages (EMA) for 20 and 50 periods are above the closing price, and their slopes are negative, indicating a downward short-term trend. The weekly trend, however, shows a bullish Supertrend direction at 160.87, with a positive ADX (14) of 32.05 and a higher Plus DI (23.1) than Minus DI (16.38), suggesting potential upward momentum on a weekly basis. The stock has experienced a current drawdown of -13% and a maximum drawdown of -24%.

**What recent corporate actions related to employee stock options has Billionbrains Garage Ventures Limited announced?**

Billionbrains Garage Ventures Limited has announced the grant of employee stock options under its Employee Stock Option Scheme 2024. On August 28, 2026, 392,613 options were granted with an exercise price of ₹2 per option, convertible into one equity share of face value ₹2. On September 8, 2026, an additional 325,014 options were granted under the same scheme, also with an exercise price of ₹2 and convertible into one equity share of face value ₹2. These granted options have vesting periods and exercise windows of up to ten years from the date of vesting.

- Peak XV sells Rs 1,756 crore Groww stake, clocks about 92x return - The Economic Times
- Groww block deal alert: Shares fall nearly 3% after 10.07 crore shares change hands; Peak XV, Sequoia Capital likely sellers
- Groww shares slump 4% after major block deal; what’s next for the stock?
- Groww shares fall 2.5% after 1.69% equity sold in Rs 1,999-crore block deal; Peak XV, Sequoia likely sellers
- Groww shares fall over 3% after block deal worth nearly ₹2,000 crore
- Billionbrains Garage Ventures Limited has informed the Exchange regarding Grant of 325014 Options under Billionbrains Garage Ventures Limited Employee Stock Option Scheme 2024. |SUBJECT: ESOP/ESOS/ESPS
- NAME(S)OF THE ACQUIRER AND ITS(PAC) : Ribbit Capital V, L.P.
- NAME(S)OF THE ACQUIRER AND ITS(PAC) : Ribbit Cayman GW Holdings V, Ltd.
- Billionbrains Garage Ventures Limited has informed the Exchange regarding Grant of 392613 Options under Billionbrains Garage Ventures Limited Employee Stock Options Scheme 2024. |SUBJECT: ESOP/ESOS/ESPS
- NAME OF PROMOTER(S) OR PACS WITH HIM : Mr. Vikas Singh
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Transition
- Pivot point: ₹189.28
- Risk regime: Price Risk Currently Contained

### Support levels
- 188.51
- 163.41
- 156.215

### Resistance levels
- 198.04
- 208.32999999999998
- 220.98

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +2.30% |
| return_10 | +0.80% |
| return_1m | -1.06% |
| return_20 | -4.46% |
| return_3m | -4.38% |
| return_5 | -2.08% |
| return_6m | +17.39% |
| return_since_start | +46.01% |
| return_ytd | +23.48% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | contained_risk |
| label | Price risk currently contained |
| summary | Recent drawdown and price variability remain within the producer's contained-risk thresholds. |
| maximum_drawdown | -24.29% |
| annualized_volatility | +50.33% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Profit rises as lower expenses offset flat revenue

In the first quarter of FY2026-27, reported through June 30, 2026, Groww’s revenue was essentially unchanged from the preceding quarter, while profit increased as other expenses declined. The reduction in operating costs more than compensated for the stalled top line, lifting both profit margins and earnings per share.

## Revenue Stabilizes
Revenue from operations came in at ₹1,501.42 crore, a decline of 0.3% compared to ₹1,505.37 crore in the prior quarter. This follows three consecutive quarters of expansion, during which revenue grew from ₹1,018.74 crore in Q2 FY2025-26 to a peak of ₹1,505.37 crore in Q4. The near-flat result in the current quarter represents a pause in that upward trajectory.

## Lower Expenses Drive Profit Growth
Other expenses fell to ₹348.74 crore from ₹393.32 crore in the previous quarter, a decrease of 11.3%. This decline was the primary contributor to the improvement in profit before tax, which rose 6.0% to ₹992.99 crore despite the slight dip in revenue. Finance costs also decreased, moving from ₹8.00 crore to ₹7.31 crore.

## Margins and Taxes Expand
Profit after tax increased to ₹735.04 crore from ₹686.35 crore, a 7.1% rise. Consequently, the net profit margin expanded to approximately 49% from 45.6% in the prior quarter. Tax expense rose modestly to ₹257.23 crore from ₹249.34 crore, increasing at a slower pace than profit before tax.

## Earnings Per Share Increases
Basic earnings per share rose from ₹1.11 to ₹1.19, and diluted earnings per share increased from ₹1.09 to ₹1.17, representing gains of roughly 7%. The number of shares outstanding increased slightly during the period, as paid-up equity capital grew by ₹0.47 crore to ₹1,248.28 crore.

## Key Takeaway
Groww’s first quarter demonstrated that profit growth can occur alongside flat revenue when operating expenses contract. While top-line expansion paused, the sharp reduction in other expenses drove higher absolute profits and improved margins, resulting in stronger earnings per share despite a marginal increase in the share count.

### Ratios

## Official filings

- 2026-09-08 — Generic Announcement: Billionbrains Garage Ventures Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_08092026201707_ESOP_Grant.pdf)
- 2026-09-03 — Regulatory Filing: Billionbrains Garage Ventures Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GROWW1_09032026150705_53027.zip)
- 2026-09-01 — Regulatory Filing: Billionbrains Garage Ventures Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GROWW_09012026141456_53026.zip)
- 2026-08-28 — Generic Announcement: Billionbrains Garage Ventures Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_28082026125852_ESOP_Grant_SD.pdf)
- 2026-08-26 — Regulatory Filing: Billionbrains Garage Ventures Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GROWW_08262026120126.zip)
- 2026-08-24 — Generic Announcement: Billionbrains Garage Ventures Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_24082026221656_Groww_Outcome_Final.pdf)
- 2026-08-13 — Generic Announcement: Billionbrains Garage Ventures Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_13082026203219_ESOP_Grant_SD.pdf)
- 2026-08-04 — Official Filing: On August 4, 2026, BILLIONBRAINS GARAGE VENTURES LIMITED (GROWW) announced the completion of a transaction where SSGA invested up to INR 5,800,272,855 in Groww AMC. SSGA now holds 4.85% of voting rights and a 22.94% economic interest in Groww AMC, resulting in up to a 23% dilution on a fully diluted basis.
- 2026-08-04 — Generic Announcement: Billionbrains Garage Ventures Limited announced on August 4, 2026, the completion of the proposed investment by State Street Global Advisors, Inc. (SSGA) in Groww Asset Management Limited (Groww AMC). All conditions precedent and regulatory approvals have been met. Following the transaction, SSGA now holds 4.85% of voting rights and a 22.94% economic interest in Groww AMC. — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_04082026162849_SSGA_SD.pdf)
- 2026-07-31 — Generic Announcement: Billionbrains Garage Ventures Limited (formerly Billionbrains Garage Ventures Private Limited) has published a newspaper advertisement regarding its 8th Annual General Meeting (AGM) and e-voting information. The advertisement was published in the Financial Express and Kannada Prabha. The company is also uploading these publications to its website, www.groww.in. — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_31072026144439_Newspaper_Aftersigned.pdf)
- 2026-07-30 — Generic Announcement: Billionbrains Garage Ventures Limited (Groww) announced its 8th Annual General Meeting (AGM) will be held on August 24, 2026, via video conference. The company also released its Annual Report for FY 2025-26, detailing a consolidated revenue of ₹46,446 million and a Profit After Tax of ₹20,830 million. The report highlights the company's growth, market share gains, and strategic focus on wealth management and AI integration. Additionally, Groww established the Groww Foundation, a Section 8 subsidiary, to spearhead its long-term community initiatives. — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_30072026115630_NoticeARSEIntimationsigned.pdf)
- 2026-07-30 — Generic Announcement: Billionbrains Garage Ventures Limited published a notice on July 30, 2026, in the Financial Express and Kannada Prabha regarding its 8th Annual General Meeting. The AGM will be conducted via Video Conferencing/Other Audio Visual Means. This notice informs shareholders about the meeting details and the e-voting procedure. — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_30072026115230_Newspaperintimationbeforesigned.pdf)
- 2026-07-30 — Credit Rating Update: On July 30, 2026, Billionbrains Garage Ventures Limited announced that ICRA Limited has upgraded its Issuer Rating from [ICRA] AA- (Stable) to [ICRA] AA (Stable). This information is being disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and will be available on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_30072026172535_IntimationReg30creditratingCARESigned.pdf)
- 2026-07-30 — Official Filing: Billionbrains Garage Ventures Limited will hold its 8th Annual General Meeting on Monday, August 24, 2026, at 2:00 PM in Bengaluru via Video Conference. The agenda includes adopting the standalone and consolidated audited financial statements for the fiscal year ending March 31, 2026, re-appointing Executive Director Mr. Neeraj Singh, appointing M/s. Nilesh Shah & Associates as Secretarial Auditors for five years from April 1, 2026, to March 31, 2031, and reclassifying authorized share capital with an amendment to the Memorandum of Association.
- 2026-07-17 — Official Filing: BILLIONBRAINS GARAGE VENTURES LIMITED (NSE: GROWW, Scrip Code: 544603) has disclosed the transcripts of its earnings call held on July 15, 2026. The company uploaded these transcripts to its website on July 17, 2026, at 17:20:00, following a prior intimation to the exchange on July 9, 2026.
- 2026-07-17 — Generic Announcement: Billionbrains Garage Ventures Limited (Groww) has submitted the transcript of its Q1 FY27 Earnings Conference Call held on July 15, 2026. The call featured management discussions on the company's 10-year milestone, strategy focused on user experience and product launches including commodities and bonds, and future plans for wealth management and US stock offerings. Key topics addressed included employee costs, MTF growth, derivatives customer behavior, ESOP expenses, and the impact of market volatility and regulations on trading volumes. — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_17072026171936_EC_Trans_SD.pdf)
- 2026-07-16 — Generic Announcement: Billionbrains Garage Ventures Limited incurred a penalty of Rs. 5,000 from both BSE Limited and the National Stock Exchange of India Ltd. for a one-day delay in filing the Disclosure of Related Party Transactions for the half-year ended March 31, 2026. The delay was attributed to technical and system-related issues, with the filing ultimately submitted on April 21, 2026, instead of the required April 20, 2026. The company's Board of Directors noted the delay on July 15, 2026, and advised strengthening internal processes for timely future filings. — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_16072026170539_Board_comments_on_fine_imposed_final_NSE.pdf)
- 2026-07-16 — Generic Announcement: Billionbrains Garage Ventures Limited published its unaudited financial results for the quarter ended June 30, 2026, in the Financial Express and Kannada Prabha newspapers on July 16, 2026. The company also uploaded these results to its website, www.groww.in. — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_16072026154209_NPInti.pdf)
- 2026-07-16 — Generic Announcement: On July 16, 2026, Billionbrains Garage Ventures Limited granted 190,198 stock options to eligible employees under its 2024 Employee Stock Option Scheme. Of these, 182,126 options have an exercise price of Rs. 2, and 8,072 options have an exercise price of Rs. 173.65. Each option is convertible into one fully paid-up equity share of Rs. 2 face value, covering a total of 190,198 equity shares. The exercise period is 10 years from the vesting date. — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_16072026152959_ESOPGrant_SD.pdf)
- 2026-07-16 — Generic Announcement: Billionbrains Garage Ventures Limited's Board of Directors noted a delay in filing the Related Party Transaction disclosure under SEBI Listing Regulations. The Board, in its meeting on July 15, 2026, advised strengthening internal processes to ensure timely future filings. This intimation was submitted on July 16, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_16072026155015_Board_comments_on_fine_imposed_Signed.pdf)
- 2026-07-15 — Generic Announcement: Billionbrains Garage Ventures Limited's Board of Directors approved unaudited financial results for the quarter ended June 30, 2026, and proposed a reclassification of authorized share capital subject to shareholder approval. The company also appointed Ernst & Young LLP as the Internal Auditor for FY 2026-27. The board meeting took place on July 15, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_15072026113314_outcomefinal.pdf)
- 2026-07-15 — Generic Announcement: Billionbrains Garage Ventures Limited has made available the audio recording of its earnings conference call for analysts and investors held on July 15, 2026. This disclosure is in compliance with Part A of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The recording can be accessed via a provided link on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_15072026192031_Investor_Audio.pdf)
- 2026-07-15 — Generic Announcement: Billionbrains Garage Ventures Limited's Board of Directors approved unaudited financial results for the quarter ended June 30, 2026, and proposed a reclassification of authorized share capital subject to shareholder approval. The company also appointed Ernst & Young LLP as the Internal Auditor for FY 2026-27. The board meeting took place on July 15, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_15072026112913_outcomefinal.pdf)
- 2026-07-15 — Generic Announcement: Billionbrains Garage Ventures Limited is uploading its Key Performance Indicators, as defined in its November 7, 2025 prospectus, to its website at https://groww.in/investor-relations on July 15, 2026. This action is in compliance with SEBI regulations. — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_15072026115341_IntimationKPIsigned.pdf)
- 2026-07-15 — Generic Announcement: Billionbrains Garage Ventures Limited (Groww) reported Q1 FY27 financial highlights showing Total Income of 11,536 Cr, a 1% increase quarter-over-quarter and a 63% increase year-over-year. Profit After Tax (PAT) was 1,735 Cr, up 7% quarter-over-quarter and 94% year-over-year. The company added 115k net clients, with Total Transacting Users reaching 2.2 Cr and Total Customer Assets at 13.6 L Cr. — [Official attachment](https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_15072026114459_ShareholderLettersigned.pdf)

## News and market events

- 2026-09-16 — Economic Times: **Peak XV sells Rs 1,756 crore Groww stake, clocks about 92x return - The Economic Times** — Peak XV Partners sold about 91.7 million shares at an average price of Rs 191.49 apiece through a bulk deal on Wednesday, according to stock exchange data. The sale reduces its holding from 15.68% at the end of June to about 14.2%. — [Source](https://economictimes.indiatimes.com/tech/technology/peak-xv-sells-rs-1756-crore-groww-stake-clocks-about-92x-return/articleshow/134292839.cms)
- 2026-09-16 — Economic Times: **Groww block deal alert: Shares fall nearly 3% after 10.07 crore shares change hands; Peak XV, Sequoia Capital likely sellers** — Billionbrains Garages Ventures shares fell after a large block deal occurred. Peak XV Partners and Sequoia Capital were reportedly selling their stake. Jefferies maintains a Buy rating on the Groww parent company. The brokerage sees significant upside potential from the current stock price. Groww reported strong year-on-year profit growth in its recent quarterly results. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/groww-block-deal-alert-peak-xv-sequoia-capital-likely-to-sell-stake-heres-what-you-should-know/articleshow/134277233.cms)
- 2026-09-16 — Mint: **Groww shares slump 4% after major block deal; what’s next for the stock?** — Groww shares fell nearly 4% on 16 September amid a block deal involving the transfer of 10.07 crore shares at a floor price of  ₹191.45. Brokerage Jefferies maintains a 'Buy' rating, projecting 30% profit growth from its broking business through FY29. — [Source](https://www.livemint.com/market/stock-market-news/groww-shares-slump-4-after-major-block-deal-what-s-next-for-the-stock-11789531986497.html)
- 2026-09-16 — MONEYCONTROL: **Groww shares fall 2.5% after 1.69% equity sold in Rs 1,999-crore block deal; Peak XV, Sequoia likely sellers** — groww share price today, groww stock update, groww block deal, groww stake sale, groww equity stake, groww share sale, groww large trade — [Source](https://www.moneycontrol.com/news/business/markets/groww-shares-fall-2-5-after-1-69-equity-sold-in-rs-1-999-crore-block-deal-peak-xv-sequoia-likely-sellers-14030784.html)
- 2026-09-16 — CNBC-TV18: **Groww shares fall over 3% after block deal worth nearly ₹2,000 crore** — On Tuesday, September 15, CNBC-TV18 had reported citing sources that Peak XV Partners Investments VI-1 and Sequoia Capital Global Growth Fund III - US/India Annex Fund, LP were set to sell Groww shares via block deals. — [Source](https://www.cnbctv18.com/market/groww-share-price-block-deal-buyers-sellers-equity-story-play-shareholding-buy-sell-19991407.htm)
- 2026-09-16 — BUSINESSTODAY: **Block deal today: Groww shareholders to sell $200 million worth shares at 3% discount** — Block deal today, Groww block deal, Groww share price, Groww shares, Groww news, Groww share price today, Groww share — [Source](https://www.businesstoday.in/markets/stocks/story/block-deal-today-groww-shareholders-to-sell-200-million-worth-shares-at-3-discount-555754-2026-09-16)
- 2026-09-15 — Economic Times: **BSE, Groww, other broking stocks in focus as SEBI proposes changes to CAS. What does it mean for investors?** — BSE, Groww, Angel One and Motilal Oswal are in focus after Sebi proposed changes to the Closing Auction Session and expiry-day settlement methodology. Jefferies remains bearish on BSE but sees Groww as a better play on Indias equity market. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/bse-groww-other-broking-stocks-in-focus-as-sebi-proposes-changes-to-cas-what-does-it-mean-for-investors/articleshow/134251262.cms)
- 2026-09-15 — Mint: **Bourses and Brokers May Win From India’s Proposed Auction Revamp** — Stock exchanges and brokers could be among the biggest beneficiaries of the Securities and Exchange Board of India’s proposed changes to the newly launched closing auction system that’s caused chaos, while market makers may face tighter constraints. — [Source](https://www.livemint.com/market/bourses-and-brokers-may-win-from-india-s-proposed-auction-revamp-11789435282807.html)
- 2026-09-14 — Economic Times: **Jefferies says Sebi's proposed CAS changes will remove uncertainty, but still remains negative on BSE. Here’s why** — Jefferies expects Sebis proposed CAS changes to reduce expiry-day volatility and uncertainty but remains negative on BSE shares, citing limited options-industry growth, a ceiling in market-share gains, tighter bank guarantee norms and a potential management transition. The brokerage prefers Groww, citing strong earnings growth levers and recovery in F&O activity. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/jefferies-says-sebis-proposed-cas-changes-will-remove-uncertainty-but-still-remains-negative-on-bse-heres-why/articleshow/134233906.cms)
- 2026-09-05 — Economic Times: **F&O Talk: Nifty indicating little evidence of sustained recovery, says Sudeep Shah; outlines BSE, Groww strategy amid CAS** — Nifty faces continued bearish pressure after a fourth weekly decline, with 23,750-23,700 as crucial support and 24,150-24,200 resistance. Analysts expect volatility to stay subdued, while Bank Nifty remains range-bound. BSE, Groww and Angel One also await decisive breakouts for direction. — [Source](https://economictimes.indiatimes.com/markets/expert-view/fo-talk-nifty-indicating-little-evidence-of-sustained-recovery-says-sudeep-shah-outlines-bse-groww-strategy-amid-cas/articleshow/133792130.cms)
- 2026-09-05 — Economic Times: **Capital market stocks rise on CAS fix hopes, index closes 1% higher** — Capital market stocks saw gains Friday after regulator Sebi's circular on the Closing Auction Session mechanism. Trader pushback against CAS-linked settlement pricing prompted Sebi to respond to market concerns. Erratic settlement prints since August 3 caused option premiums to swing significantly. Market participants anticipate Sebi's paper will reduce reliance on the single CAS print. This move is expected to restore trader confidence and remove trading volume overhang. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/capital-market-stocks-rise-on-cas-fix-hopes-index-closes-1-higher/articleshow/133787577.cms)
- 2026-09-04 — Mint: **SEBI circular on CAS impact: Groww, Angel One, BSE shares jump up to 8% - What regulator said and investors should know** — SEBI's recent circular on the Closing Auction Session (CAS) triggered notable stock price increases among brokerages and the BSE. The regulator considers proposed changes based on stakeholder feedback. — [Source](https://www.livemint.com/market/stock-market-news/sebi-circular-on-cas-impact-groww-angel-one-bse-shares-jump-up-to-8-what-regulator-said-and-investors-should-know-11788508903861.html)
- 2026-08-31 — CNBC-TV18: **Eternal shares decline ahead of MSCI rebalancing, inflows worth nearly $700 million expected** — As per Nuvama Alternative and Quantitative Research, as a result of Eternal's weightage being increased in the MSCI Standard Index, it could result in potential inflows of $674 million for 205 million shares. — [Source](https://www.cnbctv18.com/market/eternal-share-price-msci-rebalancing-today-weightage-increase-inflows-impact-2026-returns-19980121.htm)
- 2026-08-31 — BUSINESS: **Lenskart up 3% ahead of MSCI rejig; Nomura calls it a generational stock** — The changes are closely watched by investors as MSCI indices are tracked by global institutional and passive funds, potentially triggering portfolio rebalancing and changes in stock-specific flows. — [Source](https://www.business-standard.com/markets/news/lenskart-up-3-ahead-of-msci-rejig-nomura-calls-it-a-generational-stock-126083100223_1.html)
- 2026-08-26 — MONEYCONTROL: **Taking Stock: Nifty starts Sept series below 24,250; Sensex falls 183 points** — Taking Stock,Sensex,Nifty,Market Today,Sensex Today, Nifty Today,Stock Market Today,India Stock Market Today,Share Market Today — [Source](https://www.moneycontrol.com/news/business/markets/taking-stock-nifty-starts-sept-series-below-24-250-sensex-falls-183-points-14015907.html)
- 2026-08-26 — CNBC-TV18: **11:11 | Chola Investment exclusive, Dolly Parton no more, Groww Block deal and more** — Hello and Welcome to CNBC-TV18's Newsletter. Today, we take a look at Chola Investment's Vellayan Subbiah exclusive to CNBC-TV18, Country music legend Dolly Parton passes away, Groww Block Deal, the US pauses visa screening and more — [Source](https://www.cnbctv18.com/business/1111-chola-investment-exclusive-dolly-parton-no-more-groww-block-deal-and-more-19977108.htm)
- 2026-08-26 — BUSINESSTODAY: **Top stocks in news: Groww, Welspun Corp, Gaja Capital, TMPV, Cipla, NBCC, HindCopper, UCO Bank, UPL** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, Groww, Welspun Corp, Gaja Capital, Tata Motors PV, Cipla, NBCC, Hindustan Copper, UCO Bank, Sai Parenterals, Honasa Consumer, Gaja Alternative Asset Management, Billionbrains Garage Ventures, Varun Beverages, United Breweries, Advait Energy Transitions, ARSS Infrastructure Projects — [Source](https://www.businesstoday.in/markets/stocks/story/top-stocks-in-news-groww-welspun-corp-gaja-capital-tmpv-cipla-nbcc-hindcopper-uco-bank-upl-551349-2026-08-26)
- 2026-08-26 — Economic Times: **Stocks in news: Groww, Tata Motors PV, Cipla, Varun Beverages and Axis Bank** — The Indian equity market experienced a positive turnaround on Tuesday, August 25, highlighted by the Nifty 50 making a robust recovery. Anticipation builds for Wednesday as Groww gears up for a significant block deal, while Cipla faces new USFDA inspectional observations. In other news, Tata Motors Passenger Vehicles is set to enhance its electric vehicle offerings through a collaboration with Tata Communications for 5G technology. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-groww-tata-motors-pv-cipla-varun-beverages-and-axis-bank/articleshow/133521013.cms)
- 2026-08-25 — Economic Times: **VCs step up wealthtech bets; Blinkit freezes new launches** — Investors are pouring fresh capital into wealthtech startups as demand for financial products grows. This and more in today's ETtech Top 5. — [Source](https://economictimes.indiatimes.com/tech/newsletters/tech-top-5/wealthtechs-new-funding-wave-blinkit-freezes-new-launches/articleshow/133512614.cms)
- 2026-08-25 — CNBC-TV18: **Stocks to watch for August 26: Hindustan Copper, Varun Beverages, Cipla, Tata Motors and more** — From Cipla receiving seven observations from the US Food and Drug Administration to Varun Beverages plans to enter the alcoholic beverages business; these are stocks to track ahead of Wednesday trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-august-26-hindustan-copper-varun-beverages-cipla-tata-motors-and-more-19976816.htm)
- 2026-08-25 — CNBC-TV18: **Ribbit Capital looks to sell ₹1,914 crore worth of Groww shares via block deal** — The investor is offering shares in Groww parent Billionbrains Garage Ventures at a floor price of ₹195 apiece, with a 30-day lock-up on further share sales. — [Source](https://www.cnbctv18.com/market/ribbit-capital-looks-to-sell-rs1914-crore-worth-of-groww-shares-via-block-deal-19976708.htm)
- 2026-08-25 — Mint: **Top Gainers & Losers on 25 Aug: FACT, Vodafone Idea, Cyient, Paytm, Angel One, Pine Labs among top gainers** — The Indian stock market recovered by close on August 25, buoyed by late buying; Nifty 50 gained 0.17% and Sensex 0.21%. Despite gains, market sentiment stayed fragile amid heightened tensions related to U.S. sanctions on Iran. — [Source](https://www.livemint.com/market/stock-market-news/top-gainers-losers-on-25-aug-fact-vodafone-idea-cyient-paytm-angel-one-pine-labs-among-top-gainers-11787650287290.html)
- 2026-08-18 — Economic Times: **Y Combinator pockets another Rs 1,435 crore from Groww stake sale - The Economic Times** — Y Combinator has sold Groww-parent Billionbrains Garage Ventures shares worth Rs 1,434.5 crore, earning about 54x returns on its investment. The latest transaction takes its total realised proceeds from Groww to Rs 4,132 crore. Y Combinator still holds a 46.4 crore-share stake worth nearly Rs 8,990 crore. — [Source](https://economictimes.indiatimes.com/tech/technology/y-combinator-pockets-another-rs-1435-crore-from-groww-stake-sale/articleshow/133326143.cms)
- 2026-08-18 — MONEYCONTROL: **Y Combinator sells 1.2% Groww stake for Rs 1,435 crore in bulk deal** — Y Combinator Groww stake sale, Groww bulk deal, Groww share price, Billionbrains Garage Ventures, Y Combinator Groww shares, Groww Rs 1435 crore deal, YC Holdings Groww stake, Groww stock news, Groww Q1 results, Billionbrains Garage Ventures share price — [Source](https://www.moneycontrol.com/news/business/y-combinator-sells-1-2-groww-stake-for-rs-1-435-crore-in-bulk-deal-14009685.html)
- 2026-08-18 — BUSINESS: **Volumes spurt at Billionbrains Garage Ventures Ltd counter** — Billionbrains Garage Ventures Ltd notched up volume of 819.05 lakh shares by 10:46 IST on BSE, a 44.78 fold spurt over two-week average daily volume of 18.29 lakh shares — [Source](https://www.business-standard.com/markets/capital-market-news/volumes-spurt-at-billionbrains-garage-ventures-ltd-counter-126081800352_1.html)

## Business profile

**Strategic vision:** Technology company providing online platforms for financial products.

### Business segments
- **Financial Products Platform:** Provides online web and app platforms for investments in stocks, mutual funds, and derivatives, alongside credit facilities like personal loans.
- **Payment Services:** Supports UPI payments and bill payments, integrating various financial services into a single ecosystem.

### Competitive strengths
- Integrated financial services ecosystem
- Technology platform for democratizing investing

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/groww
Markdown representation: https://faxioms.com/stocks/groww?render=md