Grande Group Ltd is a US-listed company in the diversified financial services industry. Its financial year ends in March.
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~$1.7
Residual income
Base case. Range ~$1.3–$2.4. Book value plus the present value of returns above the cost of equity, fading over ten years.
No Buy/Hold/Sell rating is issued: only 1 valuation models apply; a rating needs 3.
Grande Group Ltd valuation: adjust assumptions and compare models →
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
Grande has little or no product revenue yet. That puts it 13 of 14 for growth among the diversified financial services companies we cover. The diluted share count is up 65.9% on a year earlier, which dilutes existing holders. Our residual income value is $1.70 a share, against a share price of $1.19.
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Grande Group Ltd's trailing-twelve-month revenue fell 58.3% year on year, with a free-cash-flow margin of -42.6%. Where it lags: revenue growth of -58.3% ranks 13 of 14 diversified financial services companies we cover.
Current signal Balance sheet growing far ahead of sales: Total assets grew 178% year over year while revenue fell 58% — the balance sheet is expanding 237 points faster than the business it supports.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
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Company announcements, filed results and changes that matter to shareholders.
No recent updates are available for GRAN from the sources we follow. See filings →
We value Grande Group Ltd as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 8.7%: the 10-year Treasury yield (4.9%) plus a beta of 0.83 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no positive earnings in the latest twelve months |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | ~$1.7 ~$1.3–$2.4 | Included |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | ~$0.2 ~$0.2–$0.3 | Left out: out of range vs price (0.17x) |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | ~$0.0 ~$0.2–$1.2 | Left out: out of range vs price (0.01x) |
| Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. | — | Does not apply: no current dividend figure in the company's tagged filings |
| Combined value Weighted average of the models that apply: the primary model (price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$1.7 ~$1.3–$2.4 | 1 model |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Grande Group Ltd with asset managers, brokers and exchanges in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
No analyst estimates are published for Grande Group Ltd: too few analysts cover it.
| Calendar year | 2026 to date |
|---|---|
| Return | |
| GRAN | −75% |
| Industry peers (median) | −33% |
| S&P 500 | +11% |
| Months that ended higher | |
| GRAN | 46% |
| S&P 500 | 46% |
| Largest fall from a high during the year | |
| GRAN | −83% |
| S&P 500 | −9% |
Worst fall since July 1, 2025: 86% from July 15, 2025 to September 29, 2026. Getting back needed a 626% gain, and the shares have not yet recovered.
Source: SEC EDGAR filings. Retrieved Invalid Date.
| Period | Revenue (TTM) |
|---|---|
| FY23 Q4 | $3.9M |
| FY24 Q4 | $4.5M |
| FY25 Q4 | $4.3M |
| FY26 Q4 | $1.8M |
Source: SEC EDGAR filings. Retrieved Invalid Date.
| Period | Operating margin (TTM) |
|---|---|
| FY23 Q4 | 37.0% |
| FY24 Q4 | 46.9% |
| FY25 Q4 | 43.8% |
| FY26 Q4 | -183.0% |
| Fiscal year | 2023 Mar 2023 | 2024 Mar 2024 | 2025 Mar 2025 | 2026 Mar 2026 |
|---|---|---|---|---|
| Income | ||||
| Revenue | 3,871 | 4,529 | 4,339 | 1,808 |
| Gross profit | 2,324 | 3,010 | 3,319 | 1,601 |
| EBITDA | 1,467 | 2,143 | 1,920 | −3,272 |
| Operating income | 1,432 | 2,123 | 1,901 | −3,308 |
| Net income | 1,279 | 1,798 | 1,619 | −3,475 |
| Diluted EPS | $0.13 | $0.18 | $0.11 | −$0.14 |
| Growth (year on year) | ||||
| Revenue | — | +17.0% | −4.2% | −58.3% |
| EBITDA | — | +46.1% | −10.4% | −270.4% |
| Operating income | — | +48.2% | −10.4% | −274.0% |
| Net income | — | +40.6% | −9.9% | −314.6% |
| Diluted EPS | — | +38.5% | −38.9% | −227.3% |
| Margins | ||||
| Gross margin | 60.0% | 66.5% | 76.5% | 88.6% |
| EBITDA margin | 37.9% | 47.3% | 44.2% | −181.0% |
| Operating margin | 37.0% | 46.9% | 43.8% | −183.0% |
| Net margin | 33.0% | 39.7% | 37.3% | −192.2% |
| Free-cash-flow margin | — | — | 15.1% | −40.6% |
| Cash flow | ||||
| Cash from operations | 229 | 1,158 | 794 | −734 |
| Capital spending | — | — | 139 | 0 |
| Free cash flow | — | — | 655 | −734 |
| Balance sheet | ||||
| Cash | 1,942 | 2,769 | 2,066 | 1,452 |
| Total debt | 0 | 0 | 0 | 0 |
| Net debt (negative = net cash) | −1,942 | −2,769 | −2,066 | −1,452 |
| Diluted shares | 10m | 10m | 15m | 24m |
| Returned to shareholders | ||||
| Dividends | — | — | 769 | — |
| Total returned | — | — | 769 | — |
| Last 12 months unless stated | GRAN | DCM | MI | RMCO | ABTS | YDKG | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $2m | $1m | $725781 | $6m | $9m | $28m | $28m |
| Revenue growth, last 12 months | −58.3% | −95.0% | −2.0% | 133.5% | 36.0% | >999% | 30.9% |
| Revenue growth, 3-year average | — | −64.0% | — | — | — | −32.8% | −9.1% |
| Revenue growth, latest quarter | — | −97.1% | — | 38.0% | — | — | 25.1% |
| Gross margin | 88.6% | 10.5% | 73.5% | 11.1% | 40.3% | −2.5% | 25.7% |
| Operating margin | −183.0% | −429.1% | −148.1% | −5.1% | 40.3% | −160.1% | −148.1% |
| Operating margin, 3-year average | — | −144.9% | — | −20.1% | — | −354.9% | −144.9% |
| Net margin | −192.2% | −437.8% | −187.7% | −14.5% | −31.4% | −99.7% | −65.5% |
| Cash from operations / revenue | −40.6% | −107.9% | <−999% | −2.3% | 15.5% | 25.1% | −13.4% |
| Free-cash-flow margin | −42.6% | −107.9% | <−999% | −2.4% | −18.5% | −7.6% | −30.5% |
| Free-cash-flow margin, 3-year average | — | −35.7% | — | −9.3% | — | −113.1% | −35.7% |
| Stock pay / revenue | — | — | — | — | 2.9% | 3.3% | 2.1% |
| Change in share count | 65.9% | 10.4% | 111.1% | 0.3% | 0.0% | >999% | 18.8% |
| Measure | Company | Peer median | Rank |
|---|---|---|---|
| Revenue growth Growth | -58.3% | 36.0% | 13 of 14 |
| Change in growth rate Growth | -54.1pp | +2.3pp | 11 of 14 |
| Operating margin Profitability | -183.0% | -148.1% | 8 of 11 |
| Net margin Profitability | -192.2% | -31.4% | 10 of 14 |
| Change in share count Balance sheet | 65.9% | 26.1% | 8 of 11 |
Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Nomura Holdings Inc | $72,689 | 50K | 66.8% | 0.0% |
| Xtx Topco Ltd | $20,539 | 14K | 18.9% | ▼ 10.7% |
| HRT Financial LP | $14,000 | 10K | 12.9% | New |
| UBS Group AG | $1,587 | 1K | 1.5% | ▲ 183.8% |
| Caitong International Asset Management Co., Ltd | $1 | 0K | 0.0% | ▼ 50.0% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Grande Group Ltd's complete shareholder register. Values are as reported by the filers .
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
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