Groww share price jumps 10% post 122% surge in Q4 PAT; details here

The NSE filings showed that Groww’s fourth-quarter net profits for FY2025-26 rose by 122% to ₹686.35 crore, compared year-on-year with ₹309.08 crore in the same period of the previous financial year.

Shares of the broking firm were rising on strong buying interest in the market, as trading volumes surged past 150 million across both stock exchanges as of 11:25 am, indicating high volume gains in the intraday session.

As of 11:26 am, Groww shares were trading 9.6% higher at ₹215 on Tuesday, compared to ₹196.11 at the previous stock market close, according to NSE data. The company released its earnings in the afternoon market hours on Monday.

Groww Q4 results snapshot

Groww’s 122% rise in net profits was largely fuelled by the 87% rise in the company's revenue from core operations to ₹1,505 crore in the January to March quarter of the fiscal year ended 2025-26, compared YoY with ₹801 crore in the same period a year ago, according to the consolidated financial statements.

The brokerage firm’s earnings per share (EPS) rose to ₹1.11 in the fourth quarter, compared to ₹0.57 in the same period of the previous financial year.

In its letter to the shareholders, Groww also disclosed that the company’s total number of transacting users rose 25% YoY to 21.6 million, marking an active user base of 16.7 million, according to the exchange filing.

“In Q4, we observed a marginal increase in the contribution of equity derivatives to overall revenue, rising from 53.5% to 54.6%. Concurrently, newly launched product segments, namely Margin Trading Facility (MTF) and commodities, witnessed strong traction, with their share increasing meaningfully, driven by higher penetration and user adoption,” said the company.

What do experts say?

Experts from Citibank said that Groww has been benefiting from the higher trading volumes in the market amid the West Asia conflict, while the company has been building up on the product-centric approach to drive long-term business leadership.

“Groww has been a beneficiary of ongoing equity market volatility, leading to elevated volumes in broking space while sustainably scaling up new product propositions, especially MTF,” said analysts from Citibank.

Other analysts from UBS, in a note, said that the company’s growth was driven by operating leverage and market share gains in the Indian broking industry.

“Strong growth driven by operating leverage and market share gains. Product metrics remain strong, while the wealth platform adds optionality. The company’s margin outlook remains balanced, with cost discipline offsetting growth investments,” said UBS analysts.

JP Morgan analysts said that they expect the EBITDA margins to expand from here due to the operating leverage across indirect costs, including marketing and tech costs.

Groww share price trend

On a year-to-date (YTD) basis, Groww shares have risen 38.5% so far in 2026, and have gained 33% over the past one-month period, according to NSE data. The company’s shares have risen 10% over the last five market sessions.

Shares of Groww hit its 52-week high of ₹216.25 on April 21, 2026, while the 52-week low level was at ₹112 on November 12, 2025, according to the exchange data. The company’s market capitalisation (M-Cap) was at ₹1.34 lakh crore as of the trading session on Tuesday, April 21.