StockGro-parent AssetGro Fintech Ltd reported a 226.6% jump in net profit to ₹113 crore for FY26, alongside a doubling of operating revenue to ₹226 crore as it prepares for a major IPO.
- Net profit surged 3.3x to ₹113 crore in FY26
- Operating revenue doubled to ₹226 crore, mostly from subscriptions
- IPO planned to raise up to ₹2,500 crore to fuel expansion
What happened
StockGro-parent company AssetGro Fintech Ltd saw its net profit increase by 226.6% to ₹113 crore in the fiscal year FY26 compared to ₹34.6 crore in FY25. The company’s profit before tax rose to ₹99 crore, supported by a net tax credit that boosted the final post-tax profit figure. Operating revenue more than doubled to ₹226 crore, heavily driven by subscription fees, which accounted for 99.9% of the revenue.
The company’s EBITDA nearly doubled to ₹118.7 crore. Despite the significant growth in profitability and revenue, AssetGro’s expenses also rose by 47.3% to ₹132 crore, primarily due to higher employee costs, tech charges, and increased marketing expenditure. Founded in 2020, StockGro has steadily positioned itself as a key fintech player in India’s expanding retail investment market.
Why it matters
StockGro’s impressive financial growth highlights the expanding interest and participation in retail investments in India, which now boasts over 13 crore unique NSE-registered investors. This surge presents a prime opportunity for StockGro to scale its user base and convert more users to paid subscriptions, thereby increasing recurring revenue streams.
The company’s success in growing both revenue and profitability ahead of its IPO filing underlines strong investor confidence and marketplace momentum. As the platform leverages AI-based tools and social features to differentiate itself, the favorable financial metrics will be crucial for attracting investment and sustaining long-term growth in a competitive fintech landscape.
What to watch next
Market participants should monitor StockGro’s upcoming IPO, expected to raise ₹2,000-2,500 crore through a mix of fresh issuance and offer-for-sale shares. The capital raised will be vital for fueling further user acquisition, product development, and expansion efforts amid intensifying competition in India’s fintech sector.
Investors should also watch how the company manages its increasing operating expenses while maintaining profitability growth. Additionally, the adoption rate of paid subscriptions and continued innovation in AI-driven research tools will be key indicators of StockGro’s potential to sustain its growth trajectory post-IPO.