Overview:

• The parent of Groww, Billionbrains Garage, will announce its first post-listing results on November 21, 2025.

• The stock has surged nearly 94% in six trading sessions, making it one of the strongest IPO rallies of the year.

• Analysts are warning that valuations may be running ahead of fundamentals with the company now trading on a P/E of 61x.

Billionbrains Garage Ventures, a new-age fintech firm and the parent company of prominent investment platform Groww, is all geared up to announce its maiden quarterly financial results as a listed entity. A meeting of the board of directors is scheduled to be held on November 21, 2025. The board would review and approve the unaudited results for the half-year and quarter ending September 30, 2025, for Q2 FY26.

First Quarterly Report After Blockbuster Listing

The development was announced through an exchange filing in which Billionbrains Garage Ventures confirmed that the board will meet on November 21, 2025 to discuss and approve its financial performance for the September quarter. This will be the company's maiden earnings disclosure since its impressive stock market debut earlier this month. Groww's parent firm launched one of the most-watched IPOs this year. The issue saw active participation by investors, and the stock made a strong debut on November 12, listing at a decent premium over the issue price of Rs. 100 per share.

Groww Stock Soars 94% in Just Six Trading Sessions

Post listing, Groww has been on a remarkable rally. The stock jumped nearly 94% in just six trading days and turned into one of the top-performing newly listed companies of the year so far. At the time of writing, the stock further climbed to around Rs. 193.91, extending the rally for the fifth successive session.

The rally was strong from day one, with Groww having closed its listing day with a gain of 31% over the IPO price. With investor interest accelerating, the stock has remained locked in an uptrend ever since.

Also Read: Groww Shares Jump 50% Post-IPO: Should Investors Chase the Stock Now?

Market Cap Crosses Rs. 1 Lakh Crore; Outshines Veteran Brokerages

The bullish momentum pushed Groww to a major milestone on November 17, when the market valuation of the company crossed the Rs. 1 lakh crore mark. That places it among an elite group of about 100 Indian companies that have reached this valuation threshold.
Groww’s current market capitalization is now higher than the combined valuations of several well-established broking names such as Angel One, Nuvama Wealth, IIFL Capital, JM Financial, Anand Rathi, Choice International, 5Paisa, and DAM Capital.

This strong listing also propelled Groww's CEO Lalit Keshre into billionaire territory, with his stake now worth more than $1 billion.

Is the Rally Justified? Analysts Turn Cautious

Despite the euphoria, many analysts believe the sharp surge of Groww stock may be running ahead of its fundamentals. At its IPO, for instance, the shares implied P/E multiple was already estimated to have reached 33–37x, a premium over traditional brokerage players. Now, the P/E has stretched to 61x, much higher compared to peers like Motilal Oswal at 29x, Angel One at 33x, and Nuvama Wealth at 26x.

Market experts say that while the company's digital-first model and strong customer acquisition justify optimism, current valuations seem to price in a substantial amount of future growth.

What's driving investor optimism?

Groww is at the forefront of the retail investing boom in India. Active NSE clients, as of June 2025, stand at more than 12.6 million with over 26% market share. The firm is also gradually expanding into wealth management, commodities, and margin-based services beyond equity broking, strengthening expectations of long-term scale.

Also Read: Suzlon Q2 Results Out: Profit Jumps 539%, Order Book Hits 6.2 GW

All Eyes on Groww Q2 Earnings

Groww Q2 results are scheduled for November 21. This development would be closely watched, as investors will get the first concrete look at the company's financial health after listing. Groww share price movement would be determined by the parent company’s full operational disclosure. For investors, the report may help to clarify whether the current surge is backed by fundamentals or purely driven by sentiment.

FAQs

1. When is Groww announcing its Q2 results?

The Q2 FY26 results of Groww's parent firm, Billionbrains Garage Ventures Ltd, will be declared on November 21, 2025. This would mark the company's first earnings release since its listing on stock exchanges, making it important for investors seeking insight into the company's early financial trajectory post-IPO.

2. Why has Groww's stock risen so sharply after listing?

Groww's stock has surged nearly 94% due to strong investor enthusiasm, a successful IPO debut, and growing confidence in the company's digital-first business model. Besides, strong traction in India's retail investing ecosystem has further raised expectations of long-term growth and fueled the rapid appreciation of its stock.

3. Is Groww's present valuation expensive?

According to many analysts, the stock's valuation has been stretched. On a P/E multiple of ~61x, Groww is trading significantly above traditional broking peers. That would imply that substantial future growth is already priced in and that strong financial performance by this company is imperative to justify such lofty levels.

4. What are the factors driving investor optimism in Groww?

Investors' optimism is largely driven by Groww's lead in the retail investing boom in India, its large user base of more than 12.6 million active clients, and its expansion beyond broking into wealth, commodities, and margin services. These moves suggest a diversified revenue strategy, consistent with the prospect for long-term scalability.

5. What should investors watch for in the upcoming results?
Investors will look for revenue growth trends, profitability metrics, client acquisition data, and performance in new service segments. Q2 results will show whether the company's operational fundamentals align with the market's high expectations and provide clarity on the sustainability of its recent stock rally.