Billionbrains Garage Ventures Limited
₹191.40+₹0.15 (+0.1%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹1,00,438 Cr
- P/E
- 66.3x
- EV / EBITDA
- -108.0x
- Revenue
- ₹2,909 Cr
- Net margin
- -49.3%
- ROCE
- 20.0%
Price chart
Technical chartScreen technicals →+91.4% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- +4.1%
- 3M
- -0.5%
- 6M
- -11.0%
- 1Y
- +91.4%
- 5Y
- +29.0%
52-week range
Day change +₹0.15 (+0.1%) from ₹191 to ₹191 · Last close Oct 30, 2026
AI Summary
Indian StockStrengths1
- Operating margin of 19.5% exceeds Technology median (19.0%)
Concerns1
- Other income is 141.3% of PBT — a large share of earnings is non-operating
Rule-based from financial data. Not advice.
About the company
Billionbrains Garage Ventures Limited develops a direct-to-customer digital investment platform that provides wealth creation opportunities through multiple financial products and services. The company's platform allows users to invest and trade in stocks (including via IPOs), derivatives, bonds, mutual funds, and other products. It allows users to avail margin trading facility and personal loans.
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Billionbrains Garage Ventures Limited develops a direct-to-customer digital investment platform that provides wealth creation opportunities through multiple financial products and services. The company's platform allows users to invest and trade in stocks (including via IPOs), derivatives, bonds, mutual funds, and other products. It allows users to avail margin trading facility and personal loans. The company's application, Groww and its website allows customers to access tools, information and market insights to build investment and trading strategies. It also offers content, such as financial literacy resources, news, and information through Groww Digest, blogs and newsletters. Billionbrains Garage Ventures Limited was founded in 2016 and is based in Bengaluru, India.
- Sector
- Technology
- Shares outstanding
- 616 Cr shares
- ISIN
- INE0HOQ01053
- BSE code
- 544603
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹1,00,438 Cr
- P/E
- 66.3x
- EV / EBITDA
- -108.0x
- EV / Sales
- 47.4x
- P/S
- 47.5x
- Earnings yield
- 1.5%
- 52-week high
- ₹221.60
- 52-week low
- ₹100.00
Profitability
- Operating margin
- 19.5%
- Net margin
- -49.3%
- EBITDA margin
- -43.9%
- ROE
- -52.3%
- ROCE
- 20.0%
- ROA
- -23.9%
- Dividend payout
- 0.0%
- Tax rate
- 10.0%
- Other income, % of PBT
- 141.3%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2,909 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 37.7%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹927 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -310.2%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -243.2%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹503 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 43.3%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹85.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 35.9%
Solvency and efficiency
- Current ratio
- 1.88
- Debt / Equity
- 0.03
- Debt / Assets
- 0.01
- Debt / EBITDA
- -0.07
- Interest coverage
- 137.00
- Financial leverage
- 2.19
- CFO / Net profit
- -0.48
- Cash / Market cap
- 2.1%
- Cash per share
- ₹3.43
- Asset turnover
- 0.49
- Fixed asset turnover
- 72.86
- Capital intensity
- 0.01
- Debtor days
- 119 days
- Cash conversion cycle
- 119 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹51 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹901 Cr |
| Sales | Operating profit | ₹2,008 Cr |
| Operating profit | Interest | ₹2 Cr |
| Operating profit | Depreciation | ₹21 Cr |
| Operating profit | Profit before tax | ₹1,985 Cr |
| Other income | Profit before tax | ₹2 Cr |
| Profit before tax | Tax and other | ₹495 Cr |
| Profit before tax | Net profit | ₹1,492 Cr |
Revenue and net profit
Revenue grew 37.7% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2022 | ₹186 Cr | -₹241 Cr |
| FY2023 | ₹1,012 Cr | ₹406 Cr |
| FY2024 | ₹2,113 Cr | -₹1,042 Cr |
| FY2025 | ₹2,909 Cr | ₹1,492 Cr |
Cash flows
FY2025: -₹23.0 Cr from operations, -₹353 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2022 | -₹397 Cr | -₹1,879 Cr |
| FY2023 | ₹351 Cr | ₹140 Cr |
| FY2024 | ₹503 Cr | -₹97 Cr |
| FY2025 | -₹23 Cr | -₹353 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹2,909 Cr+37.7%1Y
- Net profit
- ₹1,492 Cr
- Cash from operations
- -₹23 Cr
- Free cash flow
- -₹353 Cr
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹2,909 Cr | ₹2,008 Cr | — | ₹1,492 Cr | -₹23 Cr | -₹353 Cr | 37.6% | +37.7% | -243.2% |
Monthly returns
Month-by-month returns of GROWW across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹4,241 Cr |
| Equity capital | ₹366 Cr |
| Reserves | ₹3,606 Cr |
| Borrowings | ₹60 Cr |
| Other liabilities | ₹210 Cr |
| Assets | ₹4,241 Cr |
| Fixed assets | ₹31 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹3,325 Cr |
| Other assets | ₹886 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
GROWW trades at 66.3x earnings against a peer median of 52.1x (a 27% premium).
Not shown (no positive earnings and no EV / Sales): VODAFONE IDEA LIMITED, PB Fintech Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Billionbrains Garage Ventures LimitedGROWWthis companyP/E ↑ premium | ₹1.0 L Cr | 66.3x | — | -52.3% | -108.0x |
| VODAFONE IDEA LIMITEDIDEA | ₹1.2 L Cr | — | -1.4x | 30.1% | 20.5x |
| INDUS TOWERS LIMITEDINDUSTOWER | ₹1.1 L Cr | 12.0x | 3.1x | 22.3% | 8.1x |
| Persistent Systems LimitedPERSISTENT | ₹1.0 L Cr | 68.6x | 15.0x | 20.6% | 66.6x |
| Info Edge(India) Ltd.NAUKRI | ₹86,455 Cr | 82.5x | 1.9x | 3.3% | 71.0x |
| Bharti Hexacom LimitedBHARTIHEXA | ₹83,980 Cr | 52.3x | 13.4x | 10.9% | 27.6x |
| PB Fintech LimitedPOLICYBZR | ₹75,814 Cr | — | 9.3x | 0.5% | 1567.2x |
| Dixon Technologies (India) LimitedDIXON | ₹68,191 Cr | 121.0x | 23.9x | 13.3% | 191.7x |
| Oracle Financial Services Software LimitedOFSS | ₹66,928 Cr | 19.9x | 10.5x | 32.8% | 24.4x |
| Peer median | — | 52.1x | 7.8x | 14.5% | 34.2x |
Year-to-date ROI
GROWW since 1 January, against earlier years.
Historical volatility
GROWW's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2022 | -128.0% |
| FY2023 | 43.0% |
| FY2024 | 19.0% |
| FY2025 | 69.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹2,909 Cr |
| Costs | |
| Interest | ₹2 Cr |
| Expenses | ₹900 Cr |
| Operating profitOperating Profit | ₹2,008 Cr |
| Other income and charges | |
| Profit before tax | ₹1,987 Cr |
| Tax | |
| Net profitNet Profit | ₹1,492 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹4,241 Cr |
| Equity capitalEquity Capital | ₹366 Cr |
| Reserves | ₹3,606 Cr |
| Borrowings | ₹60 Cr |
| Other liabilitiesOther Liabilities | ₹210 Cr |
| AssetsTotal Assets | ₹4,241 Cr |
| Fixed assetsFixed Assets | ₹31 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹3,325 Cr |
| Other assetsOther Assets | ₹886 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | -₹23 Cr |
| Investing cash flowCash from Investing Activity | -₹330 Cr |
| Financing cash flowCash from Financing Activity | ₹395 Cr |
| Change in cashNet Cash Flow | ₹41 Cr |
Learn while you research
Academy chapters picked for Billionbrains Garage Ventures Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 66.3, learn when high multiples are justified.6 min read
- 04 Growth Investing38% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read