Billionbrains Garage Ventures Limited Q2 FY26 earnings call summary

Earnings call of 21 Nov 2025, summarised by AI from the filing.

Groww targets double-digit MTF market share in at least three years and focuses on wealth management as a key growth driver.

Key takeaways

1. MTF growth MTF is 3% to 4% of cash ADTO and adds ₹2 per order to realizations.
2. MTF target Management targets double-digit MTF market share in at least three years.
3. Fisdom consolidation Fisdom balance sheet consolidated as of 30 September; contributes roughly 3% of revenue.
4. Wealth focus Wealth management is a big focus for the next 2-3 years as customers become affluent.
5. Competition MTF competition with players offering aggressive pricing at 7.99%.

Original filing on BSE

Billionbrains Garage Ventures Limited Q1 FY27 results

As filed: Revenue ₹1,501 cr, EBITDA ₹971 cr, PAT ₹735 cr, EBITDA margin 64.7%.

Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹1,501 cr). Scored once a year-earlier consolidated quarter exists.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹1,505 cr, EBITDA ₹939 cr, PAT ₹686 cr, EBITDA margin 62.4%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹1,505 cr). Scored once a year-earlier consolidated quarter exists. Share price after the results: −5.0% in 30 days (Nifty 500: −1.3%).
• Q3 FY26: Revenue ₹1,216 cr, EBITDA ₹721 cr, PAT ₹547 cr, EBITDA margin 59.3%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹1,216 cr). Scored once a year-earlier consolidated quarter exists. Share price after the results: +11.9% in 30 days (Nifty 500: −0.7%).
• Q2 FY26: Revenue ₹1,019 cr, EBITDA ₹604 cr, PAT ₹471 cr, EBITDA margin 59.3%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹1,019 cr). Scored once a year-earlier consolidated quarter exists. Share price after the results: −23.7% in 30 days (Nifty 500: −1.4%).

Past price moves after results do not indicate future moves. Not a recommendation.

Billionbrains Garage Ventures Limited earnings call, investor presentation and press release summaries

• Q1 FY27: Earnings call (15 Jul 2026)
• Q4 FY26: Earnings call (20 Apr 2026)
• Q3 FY26: Earnings call (14 Jan 2026)
• Q2 FY26: Earnings call (21 Nov 2025), Results deck (21 Nov 2025)
• Other events: Investor presentation (15 Jul 2026), Investor presentation (20 Apr 2026), Investor presentation (14 Jan 2026)