Billionbrains Garage Ventures Q4 FY26: Revenue up 87.9% YoY to ₹14,684 Mn, PAT up 122% YoY
Billionbrains Garage Ventures reported Q4 FY26 revenue of ₹14,684 Mn, up 87.9% YoY. PAT surged 122% YoY to ₹3,091 Mn. Active users grew 19.9% YoY. Mutual fund SIP inflows and equity derivative activity showed strong growth. The company is investing earnings into its lending and consumer credit businesses.
The substantial year-on-year growth in revenue and profit, coupled with strong user acquisition and engagement metrics, is likely to have a significant positive impact on investor sentiment and the company's valuation.
The company reported significant year-on-year growth in revenue and PAT, along with strong growth in active users and key product segments, indicating positive business performance.
Billionbrains Garage Ventures Limited (GROWW) announced its financial results for the fourth quarter and full year ending March 31, 2026. The company reported a consolidated revenue from operations of ₹14,684 million, an increase of 87.9% year-on-year (YoY) and 23.8% quarter-on-quarter (QoQ). EBITDA surged by 141.8% YoY and 30.3% QoQ, driven by operating leverage across cost buckets. Profit After Tax (PAT) grew by an impressive 122% YoY and 26% QoQ, reaching ₹3,091 million, with the PAT margin expanding by 8.3 percentage points YoY to 44.7%.
The platform saw active users grow by 19.9% YoY and 4.7% QoQ. Total Customer Assets grew 36% YoY but declined 1.1% QoQ due to mark-to-market movements. Product attach rates improved, with 72% for Stocks, 60% for Mutual Funds, and 10% for Equity Derivatives.
In Mutual Funds, new SIPs created on the Groww platform grew 61.5% YoY and 10.4% QoQ, with inflows growing 34.8% YoY and 5.6% QoQ, outperforming the industry. For Stocks, turnover per user increased by 25.4% YoY and 13.8% QoQ, and active users grew 18.8% YoY. In Equity Derivatives, average orders per user grew 43.1% YoY and 8.7% QoQ, with active users increasing 21.7% YoY and 14.7% QoQ.
Equity Derivatives contributed 54.6% to the total revenue in Q4 FY26. The company is deploying its earnings and funds from fundraising into scaling its lending business on the balance sheet, within Broking and Consumer Credit. The company also reported that FIsdom, acquired in October 2025, is expected to be profitable in FY28, and the asset management business for Groww (Growwmf) is in its early stages and needs to grow its AUM 5-6x to become profitable.
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Billionbrains Garage Ventures Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Billionbrains Garage Ventures Limited. Read the original for the full detail.