IPO-Bound StockGro’s FY26 Profit Jumps 3.3X YoY To ₹113 Cr, Revenue Doubles

AssetGro Fintech Ltd, the parent company of StockGro, reported a remarkable surge in its fiscal year 2026 (FY26) financials, doubling its operating revenue and tripling its net profit. The company filed for an IPO confidentially earlier this month and aims to raise between ₹2,000-2,500 Cr through the offering.

StockGro's net profit jumped 226.6% to ₹113 Cr in FY26, up from ₹34.6 Cr a year earlier. This significant increase can be attributed to a profit before tax (PBT) of ₹99 Cr, up from ₹35.9 Cr in FY25. The company's total income for FY26 stood at ₹230.9 Cr, a marked rise from ₹125.5 Cr in the previous year, including other income of ₹4.8 Cr.

The company's EBITDA grew to approximately ₹118.7 Cr in FY26 from ₹59.5 Cr in the previous year, showcasing a growth of around 99.3%. This growth is primarily driven by India's expanding retail investment ecosystem, which reached 13.66 Cr unique NSE-registered investors as of September.

The majority of StockGro's operating revenue, 99.9%, comes from subscription fees, with the remaining portion from service fees. The company's total expenses increased by 47.3% to ₹132 Cr in FY26, with employee benefit expenses constituting half of the total expenses, rising 96.3% to ₹65.8 Cr in the current fiscal.