Billionbrains Garage Ventures Limited (GROWW) AI Stock Analysis

Billionbrains Garage Ventures Limited

(NSE:GROWW)

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Rating:64Neutral

Price Target:$205.00▲(7.11% Upside)

Action:initiatedcoverage

Date:08/29/26

The score is supported primarily by strong profitability and a low-leverage balance sheet, but is held back by deteriorating cash flow in 2026 and year-to-year earnings volatility. Technical indicators are currently bearish and the high P/E multiple further pressures the overall rating.

Positive Factors

Strong Revenue GrowthRapid revenue expansion indicates strong business scaling and growing customer or asset reach. If the company can sustain this enlarged operating base, it should support durable earnings capacity and improve its competitive position over the medium term.

Negative Factors

Negative 2026 Cash FlowNegative operating and free cash flow means reported earnings were not converted into cash in the latest period. If this reflects persistent working-capital needs rather than timing, it could constrain reinvestment and weaken earnings quality.

Billionbrains Garage Ventures Limited (GROWW) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 1.20T
Dividend Yield: ―
Average Volume (3M): 3.56M
Price to Earnings (P/E): 43.9
Beta (1Y): 1.03
Revenue Growth: 51.88%
EPS Growth: 48.52%
Country: India
Employees: 448
Sector: General
Sector Strength: 55
Industry: Asset Management

Billionbrains Garage Ventures Limited Business Overview & Revenue Model

Company Description

Billionbrains Garage Ventures Limited develops a direct-to-customer digital investment platform that provides wealth creation opportunities through multiple financial products and services. The company's platform allows users to invest and trade in s...

Billionbrains Garage Ventures Limited Financial Statement Overview

Summary

Fundamentals are above average: strong profitability in 2025–2026 and a conservatively financed balance sheet with very low leverage and expanding equity. The main risk is volatility—2024 included a meaningful net loss and 2026 saw operating/free cash flow turn negative, weakening confidence in cash conversion despite strong reported earnings.

Income Statement

86Very Positive

Balance Sheet

90Very Positive

Cash Flow

62Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Income Statement
Total Revenue	19.75B	42.70B	40.26B	27.86B	12.60B
Gross Profit	18.14B	33.35B	39.74B	27.44B	12.35B
EBITDA	11.71B	29.13B	25.29B	-5.95B	5.18B
Net Income	8.50B	20.83B	18.24B	-8.05B	4.58B
Balance Sheet
Total Assets	136.77B	185.41B	100.77B	80.18B	48.08B
Cash, Cash Equivalents and Short-Term Investments	60.09B	97.60B	67.13B	55.67B	39.07B
Total Debt	3.67B	2.92B	5.66B	469.00M	309.86M
Total Liabilities	63.21B	88.90B	52.22B	54.75B	14.91B
Stockholders Equity	73.56B	96.51B	48.55B	25.43B	33.17B
Cash Flow
Free Cash Flow	15.26B	-326.82M	9.31B	30.06B	3.98B
Operating Cash Flow	15.32B	-206.03M	9.48B	30.13B	4.08B
Investing Cash Flow	-25.98B	-13.51B	-9.84B	-11.25B	-4.87B
Financing Cash Flow	13.23B	21.75B	9.08B	42.56M	-53.86M

Billionbrains Garage Ventures Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:GROWW against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:GROWW	64Neutral	INR 1.20T	43.93	―	―	51.88%	48.52%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

IN:GROWW and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:GROWW	Billionbrains Garage Ventures Limited	191.40	60.46	46.17%
IN:HALDER	Halder Venture Ltd.	267.40	54.85	25.81%
IN:ADVAIT	Advait Energy Transitions Ltd	1643.60	-124.18	-7.02%
IN:TCC	TCC Concept Ltd	40.32	-70.39	-63.58%
IN:CEINSYS	Ceinsys Tech Ltd	605.65	-841.61	-58.15%
IN:SAHLIBHFI	Shalibhadra Finance Limited	72.01	-38.86	-35.05%

Billionbrains Garage Ventures Limited Corporate Events

Billionbrains Garage Ventures Grants 392,613 ESOPs Under 2024 Plan

Aug 28, 2026

Billionbrains Garage Ventures Limited has granted 392,613 stock options to eligible employees under its Employee Stock Option Scheme 2024, with each option convertible into one fully paid equity share of face value Rs. 2 at an exercise price of Rs. 2...

State Street Global Advisors Completes Strategic Investment in Groww Asset Management

Aug 4, 2026

Billionbrains Garage Ventures Limited has announced the completion of State Street Global Advisors, Inc.’s proposed investment in its subsidiary Groww Asset Management Limited, following the fulfillment of all conditions precedent and regulator...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 29, 2026

Billionbrains Garage Ventures Limited AI Stock Analysis