Groww shares jump 10%, hit ₹216 52-week high
Q4 profit surges 122%, revenue rises 88%, margins expand to 62%
Stock gains 38% YTD, strong volumes signal rising investor interest
Shares of Groww, operated by parent Billionbrains Garage Ventures, surged over 10% on Tuesday to hit a 52-week high of ₹216.25, following strong March quarter earnings.
The rally was supported by strong buying interest, with trading volumes crossing 150 million shares across exchanges in early trade, indicating heightened investor participation.
1 April 2026
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The company reported a 122.06% year-on-year (YoY) jump in consolidated profit after tax (PAT) to ₹686.35 crore for Q4 FY26, compared with ₹309.08 crore in the same period last year.
Revenue from operations rose 87.93% YoY to ₹1,505.36 crore, while EBITDA surged 141.78% to ₹939 crore. Margins expanded significantly to 62.35% from 48.47%, reflecting strong operating leverage and increased platform activity.
Groww shares have seen a sharp rally in recent sessions, gaining around 38.5% year-to-date in 2026 and about 35% over the past one month. The stock has also risen nearly 10% in the last five trading sessions.
The stock had earlier touched a 52-week low of ₹112 in November 2025 and has since rebounded strongly, taking the company’s market capitalisation to around ₹1.34 lakh crore.
IPO Proceeds Utilisation Under Watch
Following its listing in November 2025, the company has utilised about 36% of its fresh issue proceeds. Of the ₹1,060 crore raised through the fresh issue, around ₹371 crore has been deployed so far, while nearly ₹645 crore remains unutilised as of FY26-end.
A significant portion of the utilised funds is around ₹85 crore—has been allocated towards the margin trading facility (MTF) business, while ₹67 crore has been used for inorganic growth and general corporate purposes.
As per Securities and Exchange Board of India regulations, companies with fresh issue sizes above ₹100 crore are required to appoint a monitoring agency to track the utilisation of proceeds. The agency submits periodic reports until at least 95% of the funds are deployed.
Groww's IPO had raised ₹6,632 crore, including a fresh issue of ₹1,060 crore and an offer-for-sale of shares worth ₹5,572 crore.
The strong earnings performance and sustained user activity have reinforced investor confidence, driving the stock to fresh highs despite partial utilisation of IPO proceeds.
