Groww Parent Stock 10% Upa, State Street AMC Deal Aur Q3 Beat Ke Saath

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AuthorAarav Shah|Published at:
Groww Parent Stock 10% Upa, State Street AMC Deal Aur Q3 Beat Ke Saath
Overview

Groww ki parent company Billionbrains Garage Ventures ke shares 10% badh gaye strong Q3 results aur State Street dwara Groww AMC mein ₹580 crore ke investment ke chalte. Motilal Oswal ne 'Buy' rating maintain ki, market share gains aur growth potential ko highlight karte hue. Deal se Groww ke asset management arm ko global expertise milegi.

Groww Parent State Street Investment Aur Strong Q3 Results Par 10% Upa

Discount broking platform Groww ki parent company Billionbrains Garage Ventures Ltd. ka stock Friday ko 10% tak badh gaya. Yeh rally strong quarterly results aur brokerages dwara company ki growth trajectory ko highlight karne wale comments ke baad aayi.

Brokerage Optimism

Motilal Oswal ne apni 'Buy' rating maintain rakhi aur price target badhakar ₹190 per share kar diya. Brokerage firm ne strong revenue growth ko reason bataya, jo ki product suite mein badhti user adoption aur consistent user activation se driven hai. Groww ka broking business market share gain kar raha hai, jo margin trading facility aur commodities trading jaise recent launches se support ho raha hai.

Affluent customers ki badhti sankhya wealth management ke liye significant opportunities present karti hai. Fisdom ka ongoing integration is segment ko aur strong banayega, Groww ko future expansion ke liye position karte hue. Motilal Oswal ne FY27 aur FY28 EPS estimates ko 2% tak upward adjust kiya, MTF book aur commodities segment rollout mein anticipated growth ko reflect karte hue.

State Street Partnership

Alag se, ek major global investment manager State Street ne Groww Asset Management Company (AMC) mein investment announce kiya hai. State Street ₹580 crore invest karega 23% stake ke liye, jismein ₹380 crore secondary purchase aur ₹200 crore primary capital infusion shamil hai. Voting rights 4.99% tak limited rahenge, jisse Groww ka control maintain hoga.

Yeh strategic investment Groww ke asset management operations mein passive aur quantitative strategies mein international expertise layega. Groww AMC filhal ₹4,119 crore ka assets manage karta hai, jise 2023 mein Indiabulls se acquire kiya gaya tha.

Q3 Performance Highlights

Groww ne ek strong quarter report kiya jismein healthy year-on-year revenue growth aur Margin Trading Facility (MTF) book mein rapid expansion dekha gaya, aur saal mein sabse zyada user additions hue. Revenue 19% quarter-on-quarter badhkar ₹1,216 crore ho gaya, EBITDA 20% sequentially badhkar ₹710 crore ho gaya. Net profit 16% badhkar ₹547 crore ho gaya.

Year-on-year, revenue 25% badhkar ₹1,216 crore ho gaya. Jabki EBITDA mein 29% decline dekha gaya pichhle saal ke muqable, company ke redomiciling ke baad Q3 FY25 mein leadership incentive costs ke one-time reversal ke karan, adjusted EBITDA 24% badhkar ₹710 crore ho gaya. Adjusted profit after tax bhi year-on-year 24% badhkar ₹547 crore ho gaya.

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