StockGro-parent AssetGro Fintech Ltd net profit for the fiscal year FY26 jumped threefold while its operating revenue doubled year-on-year.
The company, which filed for an IPO confidentially earlier this month,net profit surged 226.6% to ₹113 Cr during the reported year, compared to ₹34.6 Cr in FY25, according to its consolidated financial statement.
It reported a profit before tax (PBT) of ₹99 Cr in the fiscal, up from ₹35.9 Cr in FY25. However, it reported a net tax credit of ₹14 Cr, comprising a deferred tax credit of ₹15.9 Cr and a current tax expense of ₹1.9 Cr. This catapulted its profit after tax to ₹113 Cr.
The IPO-bound company reported an operating revenue of ₹226.1 Cr in the fiscal, about double of ₹113.3 Cr in the previous year.
A majority of 99.9% of its operating revenue comes from subscription fees and the remaining is from service fees.
Including other income of ₹4.8 Cr, the company’s total income stood at ₹230.9 Cr in FY26, compared to ₹125.5 Cr a year earlier.
AssetGro’s EBITDA stood at approximately ₹118.7 Cr in FY26, compared to ₹59.5 Cr a year ago, marking a growth of around 99.3%.
The growth comes amid India’s expanding retail investment ecosystem, which reached 13.66 Cr unique NSE-registered investors as of September, the company said. This presents StockGro with opportunities to expand its user base while increasing paid subscription adoption among existing users.
Incorporated in 2020, StockGro operates a platform that allows users to research, learn and invest in stocks and alternative assets.
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