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IPO-bound StockGro's profit jumps 3-fold to Rs 113 cr in FY26 on strong revenue growth

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In short

Bengaluru-based StockGro saw its profit after tax surge to Rs 113 crore in FY26, bolstered by an operational revenue base that reached Rs 226.14 crore. This top-line performance was almost entirely propelled by subscription fees, even as total corporate expenses increased by 47.2 per cent to Rs 131.97 crore. Meanwhile, net cash generation from operating activities strengthened substantially, climbing to Rs 178.43 crore during the same period.

Key points

  • The platform is positioning for an initial public offering targeted to raise between Rs 2…: The platform is positioning for an initial public offering targeted to raise between Rs 2,000 crore and Rs 2,500 crore.
  • Strong earnings expansion was supported by a growing base of over 35 million platform use…: Strong earnings expansion was supported by a growing base of over 35 million platform users seeking retail investment tools.
  • Corporate growth aligns with a broader surge in domestic market participation that pushed…: Corporate growth aligns with a broader surge in domestic market participation that pushed unique exchange investors to 13.66 crore.

Sources checked by our analysis pipeline: 1

The FY26 profit includes a deferred tax credit of around Rs 15.94 crore.

In comparison, the company had posted a profit after tax of Rs 34.64 crore in FY25.

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The Bengaluru-based company's revenue from operations nearly doubled to Rs 226.14 crore in FY26 from Rs 113.33 crore in the preceding fiscal.

Total expenses increased 47.2 per cent to Rs 131.97 crore from Rs 89.64 crore.

Subscription fees contributed approximately Rs 225.94 crore, or nearly all of FY26 operating revenue, highlighting the company's dependence on its subscription-led business model.

The company also reported an increase in net cash generation from operating activities to Rs 178.43 crore in FY26, compared with Rs 73.64 crore in the previous year.

The firm is preparing for a stock market debut as AssetGro Fintech filed preliminary papers with market regulator Sebi in September to raise funds through an initial public offering (IPO) using the confidential route, and people familiar with the matter pegged the IPO size at Rs 2,000-2,500 crore.

Under the confidential pre-filing route, companies can keep…

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