Billionbrains Garage Ventures Limited — Q1FY27 earnings call summary

Filed 17 July 2026 · Official transcript

Q1 FY27 earnings call held on July 15, 2026
Derivatives active customers stabilizing after Q4 FY26 exception
New products launched: commodities with 28% market share, bonds scaling well, US stocks launch planned soon
Employee cost rise mainly due to appraisals, not headcount increase
Customer acquisition cost higher due to extended IPL marketing
MTF growth strong with increasing ticket size; cash yields improved by ~5% y-y
AI leveraged for product development, customer experience, and wealth management
Affluent customer retention nearly 100%