Billionbrains Garage Ventures Ltd.

197.01-1.85%

2026-08-21

groww.inBSE: 544603NSE: GROWW
Market Cap₹ 1,21,833 Cr.
Current Price₹ 201
High / Low₹ 227 / 112
Stock P/E0.0
Book Value₹ 14
Price to Book11.53
Dividend Yield0.00 %
ROCE35.3 %
ROE27.4 %
Face Value₹ 2

Add ratio to table

ABOUT

KEY POINTS

PROS

  • Company is almost debt free
  • Company has a healthy return on capital (ROCE) of 21.3%
  • Latest quarter profit grew 81.5% YoY, showing strong momentum
  • Operating margins have improved to 63.3% from 48.7%
  • Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.09x)

CONS

  • Equity base is being diluted - shares outstanding up 5939.7%
  • Free cash flow has been persistently negative
  • Working capital days have increased from 227 to 411 days
  • Stock is trading at 11.5x its book value
  • Rich enterprise valuation - EV/EBITDA of 42.0x

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.GROWW194.2049.94121833.250.007350.4015014.201560.1337.5464.60
2.PAYTM1585.20156.36101632.420.00220.0079.592448.0027.67-4.438.29
3.POLICYBZR1780.00110.0782359.690.001629.101824.5118882.801300.816.857.24
4.PINELABS157.65142.9118190.570.00195.703985.597369.201096.47-1.3712.88
5.STYL379.5523.286141.340.6660.3463.78376.4721.1037.7123.21
6.CCAVENUE14.8917.715206.170.0084.7745.082680.40109.378.633.80
7.TURTLEMINT139.000.004093.260.00-377.802940.80-38.38-11.20
8.MOBIKWIK195.900.001542.650.007.62118.17281.483.73-8.652.88
9.SUVIDHAA2.390.0050.140.00-1.9155.582.40135.29-32.85-70.42
Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2024
802
390
Operating Profit
OPM %
Other Income
35
Interest
1
Depreciation
5
440
Tax %
25.14%
Net Profit
330
1
Equity Capital
311
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
311
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
676
-201
Operating Profit
OPM %
Other Income
35
Interest
1
Depreciation
6
905
Tax %
25.17%
Net Profit
677
1
Equity Capital
366
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
366
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
544
253
Operating Profit
OPM %
Other Income
43
Interest
0
Depreciation
6
328
Tax %
23.53%
Net Profit
251
0
Equity Capital
366
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
366
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
623
266
Operating Profit
OPM %
Other Income
41
Interest
0
Depreciation
6
392
Tax %
22.00%
Net Profit
306
1
Equity Capital
419
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
419
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
688
265
Operating Profit
OPM %
Other Income
68
Interest
0
Depreciation
6
485
Tax %
27.01%
Net Profit
354
1
Equity Capital
1,198
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
1,198
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
785
280
Operating Profit
OPM %
Other Income
76
Interest
1
Depreciation
7
573
Tax %
25.24%
Net Profit
428
1
Equity Capital
1,235
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
1,235
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
963
312
Operating Profit
OPM %
Other Income
88
Interest
1
Depreciation
7
731
Tax %
25.92%
Net Profit
541
1
Equity Capital
1,248
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
1,248
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
9,535
3,100
Operating Profit
OPM %
Other Income
1,002
Interest
10
Depreciation
74
7,437
Tax %
25.35%
Net Profit
5,551
1
Equity Capital
12,547
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
12,547
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023
906
580
Operating Profit
441
OPM %
49
Other Income
115
Interest
2
Depreciation
12
427
Tax %
5
Net Profit
406
EPS
4
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Mar 2024
1,939
1,703
Operating Profit
413
OPM %
21
Other Income
176
Interest
3
Depreciation
18
-947
Tax %
-10
Net Profit
-1,042
EPS
-503
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
-6
Minority Interest
0
Share of Associates
0
Adjusted EPS
-6
Mar 2025
2,743
900
Operating Profit
2,010
OPM %
73
Other Income
168
Interest
2
Depreciation
21
1,987
Tax %
25
Net Profit
1,492
EPS
8
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
7
Minority Interest
0
Share of Associates
0
Adjusted EPS
7
Mar 2026
3,059
1,123
Operating Profit
2,209
OPM %
72
Other Income
274
Interest
3
Depreciation
26
2,181
Tax %
25
Net Profit
1,630
EPS
3
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
TTM
3,389
1,167
Operating Profit
OPM %
Other Income
333
Interest
3
Depreciation
27
2,533
Tax %
26
Net Profit
1,879
EPS
Dividend Payout %
Minority Interest
0
Share of Associates
0
Adjusted EPS
Minority Interest
0
Share of Associates
0
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
3 Years:
50%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
3 Years:
59%

STOCK PRICE CAGR

10 Years:
5 Years:
3 Years:
1 Year:

RETURN ON EQUITY

10 Years:
5 Years:
3 Years:
12%
Last Year:
27%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Corporate actions

No bonus data found

Mar 2023
21
2,843
Trade Payables
66
275
Total Liabilities
3,205
41
1,785
0
Cash & Bank
694
685
Total Assets
3,205
Total Debt
0
Net Working Capital
1,897
Contingent Liabilities
0
Book Value per Share
1386.02
Face Value
10.00
Total Debt
0
Net Working Capital
1,897
Contingent Liabilities
0
Book Value per Share
1386.02
Face Value
10.00
Mar 2024
21
1,811
Trade Payables
809
1,679
Total Liabilities
4,319
29
2,210
692
Cash & Bank
353
1,036
Total Assets
4,319
Total Debt
0
Net Working Capital
-38
Contingent Liabilities
24
Book Value per Share
883.29
Face Value
10.00
Total Debt
0
Net Working Capital
-38
Contingent Liabilities
24
Book Value per Share
883.29
Face Value
10.00
Mar 2025
366
3,404
Trade Payables
152
320
Total Liabilities
4,241
31
3,325
285
Cash & Bank
114
487
Total Assets
4,241
Total Debt
0
Net Working Capital
1,704
Contingent Liabilities
188
Book Value per Share
20.62
Face Value
2.00
Total Debt
0
Net Working Capital
1,704
Contingent Liabilities
188
Book Value per Share
20.62
Face Value
2.00
Mar 2026
1,248
6,878
Trade Payables
191
634
Total Liabilities
8,950
64
4,381
324
Cash & Bank
783
3,398
Total Assets
8,950
Total Debt
0
Net Working Capital
3,447
Contingent Liabilities
74
Book Value per Share
13.02
Face Value
2.00
Total Debt
0
Net Working Capital
3,447
Contingent Liabilities
74
Book Value per Share
13.02
Face Value
2.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023
351
Cash from Investing
-255
Cash from Financing
-5
91
Free Cash Flow
351
OCF / Net Profit
0.87
Cumulative 5-Year FCF
0
OCF / Net Profit
0.87
Cumulative 5-Year FCF
0
Mar 2024
503
Cash from Investing
-604
Cash from Financing
12
-89
Free Cash Flow
503
OCF / Net Profit
-0.48
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.48
Cumulative 5-Year FCF
0
Mar 2025
-23
Cash from Investing
-330
Cash from Financing
395
41
Free Cash Flow
-29
OCF / Net Profit
-0.02
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.02
Cumulative 5-Year FCF
0
Mar 2026
1,779
Cash from Investing
-3,960
Cash from Financing
2,594
414
Free Cash Flow
1,743
OCF / Net Profit
1.09
Cumulative 5-Year FCF
0
OCF / Net Profit
1.09
Cumulative 5-Year FCF
0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023
EPS (₹)
196.28
Book Value (₹)
1386.02
Dividend per Share (₹)
0.00
Cash EPS (₹)
2.34
Operating Margin %
48.68%
Net Margin %
44.78%
ROE %
14.16%
ROCE %
14.09%
12.65%
Debtor Days
118
Inventory Days
0
Payable Days
0
118
Debt to Equity (x)
0.00x
Interest Coverage (x)
221.18x
14.83x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
-502.58
Book Value (₹)
883.29
Dividend per Share (₹)
0.00
Cash EPS (₹)
-5.73
Operating Margin %
12.22%
Net Margin %
-53.73%
ROE %
-44.39%
ROCE %
-37.18%
-27.70%
Debtor Days
93
Inventory Days
0
Payable Days
0
93
Debt to Equity (x)
0.00x
Interest Coverage (x)
-352.89x
0.98x
Revenue Growth %
114.16%
Operating Profit Growth %
-6.30%
Net Profit Growth %
-356.96%
-356.05%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
-0.70x
Mar 2025
EPS (₹)
8.16
Book Value (₹)
20.62
Dividend per Share (₹)
0.00
Cash EPS (₹)
7.20
Operating Margin %
67.18%
Net Margin %
54.39%
ROE %
53.26%
ROCE %
65.73%
34.85%
Debtor Days
65
Inventory Days
0
Payable Days
0
65
Debt to Equity (x)
0.00x
Interest Coverage (x)
931.99x
8.93x
Revenue Growth %
41.41%
Operating Profit Growth %
386.63%
Net Profit Growth %
243.14%
101.62%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.15x
Mar 2026
EPS (₹)
2.61
Book Value (₹)
13.02
Dividend per Share (₹)
0.00
Cash EPS (₹)
2.65
Operating Margin %
63.28%
Net Margin %
53.28%
ROE %
27.40%
ROCE %
35.30%
24.71%
Debtor Days
36
Inventory Days
0
Payable Days
0
36
Debt to Equity (x)
0.00x
Interest Coverage (x)
821.61x
7.38x
Revenue Growth %
11.54%
Operating Profit Growth %
9.91%
Net Profit Growth %
9.26%
-67.98%
P/E (x)
57.46x
P/B (x)
11.53x
Dividend Yield %
0.00%
42.03x

Shareholding Pattern

Numbers in percentages

TRADES
Nov 2025
27.81
57.14
3.88
Government
0.00
11.17
Dec 2025
27.81
3.13
4.92
Government
0.00
64.13
Mar 2026
27.38
2.51
5.92
Government
0.00
64.19
Jun 2026
27.14
6.89
10.08
Government
0.00
55.89

Documents

Announcements

  • ESOP/ESOS/ESPS

    2026-08-13 - Billionbrains Garage Ventures Limited has informed the Exchange regarding Grant of 149874 Options under Billionbrains Garage Ventures Limited Employee Stock Option Scheme 2024.

  • Sale or disposal

    2026-08-04 - Billionbrains Garage Ventures Limited has informed the Exchange about the update on proposed investment by State Street Global Advisors, Inc. in Groww Asset Management Limited (Subsidiary) is annexed herewith.

Annual Reports

Credit Ratings

  • Credit Rating

    2026-07-30 - Billionbrains Garage Ventures Limited has informed the Exchange about Credit Rating

  • Credit Rating- New

    2026-04-01 - Billionbrains Garage Ventures Limited has informed the Exchange about Credit Rating- New

  • Credit Rating

    2025-11-28 - Billionbrains Garage Ventures Limited has informed the Exchange about Credit Rating

Concalls