Understanding Zerodha Revenue and Its Financial History

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Zerodha's revenue has grown significantly since its inception in 2008. The company's revenue model is based on brokerage fees, which have increased over the years.

Zerodha charges a flat fee of ₹20 per trade for equity and equity futures, and ₹20 per trade for equity options. This fee structure has contributed to the company's revenue growth.

In 2018, Zerodha's revenue reached ₹1,325 crore, a significant increase from ₹450 crore in 2015. The company's revenue growth can be attributed to its expanding user base and the increasing popularity of online trading.

Zerodha's net profit has also seen a substantial increase, reaching ₹250 crore in 2018, up from ₹100 crore in 2015.

Revenue Growth

Zerodha's revenue reached the $1 billion mark in FY24, with a profit margin of over 56%.

Zerodha posted a revenue of Rs 8,320 crore and a profit of Rs 4,700 crore in FY24.

The company's revenue grew by 21% from Rs 6,875 crore in FY23 to Rs 8,320 crore in FY24.

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Zerodha's profit after tax jumped by 61% YoY to INR 4,700 Cr in FY24 from INR 2,909 Cr in the previous year.

The company's total assets under management have swelled to INR 5.66 Lakh Cr on the back of a bull run in the Indian equities market, rising retail participation, and boom in the IPO market.

Zerodha expects a 10% dip in revenue due to SEBI's true-to-label circular, which will eliminate the volume-based transaction fee model for free equity delivery trades.

The company anticipates a 30% to 50% drop in revenue due to potential changes in index derivatives, which are a significant part of its earnings.

Zerodha's net worth is now nearly 40% of the total customer funds it manages, indicating a strong financial position.

The company is diversifying its revenue streams to mitigate risks, including the launch of Margin Trade Funding, public and private market investments, and Loan-Against-Securities services.

For more insights, see: Find Total Revenue

Financial History

Zerodha's client base has been steadily growing, with over 1.6 million clients in 2019.

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The company's revenue has also increased significantly, reaching ₹850 crores in 2019.

Zerodha's revenue more than doubled in 2018, earning ₹4.5 billion.

In 2018, the company's profits doubled as well, reaching ₹2 billion.

Today, Zerodha has over 3.5 million clients, a substantial increase from 2019.

The company's profit for the 2020-21 financial year exceeded ₹440 crores.

Financial Status

Zerodha's revenue has seen significant growth over the years, with ₹4.5 billion earned in 2018, more than double the revenue of the previous year.

The company's profits also doubled in 2018, reaching ₹2 billion.

Zerodha's revenue continued to grow in 2019, reaching ₹850 crores with a client base of over 1.6 million.

The net profit in 2019 was ₹350 crores.

In the financial year 2020-21, Zerodha's client base reached 3.5 million, booking a profit of over ₹440 crores.

Zerodha's net worth is a staggering ₹600 crores, making it India's largest discount broker.

Explore further: Blackrock Inc Net Worth

Net Worth

Zerodha's net worth is a staggering ₹600 crores.

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The company's massive gains are a testament to its innovative business model, which has allowed it to leave its rivals in the dust.

Zerodha's client base has grown exponentially, with over 3.5 million clients as of the 2020-21 financial year.

This rapid growth has contributed significantly to the company's net worth.

In 2019, Zerodha earned a revenue of ₹850 crores and a net profit of ₹350 crores.

The company's founders, Nithin and Nikhil Kamath, attribute their success to their business model, which they claim is an Indian adaptation of Robinhood's model.

Zerodha's net worth is a result of its impressive business gain of over ₹6600 crore.

Suggestion: Zerodha Net Worth

Loss

Loss is a significant aspect of your financial status, and understanding it is crucial for making informed decisions about your investments.

You can view your loss in the "Q" back office if you're a Zerodha active client, as it tracks all profits and losses.

Losses are not just about the actual loss, but also about the brokerage charges you incur.

Company Information

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Zerodha is a popular online trading platform in India, founded in 2010 by Nithin Kamath.

The company is headquartered in Bangalore, India.

Zerodha's success can be attributed to its innovative approach to trading, including its flagship product, Kite, which offers a user-friendly interface for trading and investing.

It has a strong presence in the Indian market, with over 5 million active clients.

Zerodha's revenue has seen significant growth over the years, driven by its expanding client base and increasing market share.

CEO

Nithin Kamath is the founder and CEO of Zerodha, a position he has held since the company's inception in 2010. He's been instrumental in making Zerodha India's largest stockbroker.

Zerodha currently accounts for 15% of the Indian retail trading volume, a remarkable feat considering the company's relatively short tenure. This is a testament to Kamath's hard work and business strategy.

Nithin Kamath started trading from his college days, and his experience has been invaluable in shaping Zerodha's success. He initially started with 6 people, but now Zerodha has more than 1300 employees.

For your interest: Zerodha Paper Trading

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Here are some key facts about Nithin Kamath and Zerodha:

Kamath's vision for Zerodha was to make stock trading barrier-free, which is reflected in the company's name, "zero+rodha".

Success Story

Zerodha's success story is truly impressive. The firm has been making waves in India's brokering history since 2010.

In just 10 years, Zerodha has dethroned the long-time leader ICICI Securities to become the largest brokerage firm in India.

With around 10 lakh active clients and 50,000 to 70,000 new accounts being made every month, Zerodha's growth is staggering.

The company's "no brokerage" policy, which charges a flat fee of ₹20 per trade, has been a game-changer for traders.

This policy has made trading possible for those who hesitated due to the high amount involved, and has literally disrupted the industry.

Zerodha's automated system for pledging one's Demat holdings to raise margin money is also a remarkable feature.

No interest is charged on the margin money if an equivalent amount of cash is maintained in the account, making it an attractive combination for traders.

Zerodha's success can be attributed to its efforts to keep up with the latest trends, ideas, and strategies, which has helped the company stay ahead of the curve.

The company's "zero-brokerage" policy has been the secret to its success, attracting investors who are looking for low investment options.

Frequently Asked Questions

Who owns the majority of Zerodha?

The majority of Zerodha is owned by Nithin and Nikhil, with a roughly 60%-40% split between the two brothers.

Ann Lueilwitz

Senior Assigning Editor

Ann Lueilwitz is a seasoned Assigning Editor with a proven track record of delivering high-quality content to various publications. With a keen eye for detail and a passion for storytelling, Ann has honed her skills in assigning and editing articles that captivate and inform readers. Ann's expertise spans a range of categories, including Financial Market Analysis, where she has developed a deep understanding of global economic trends and their impact on markets.

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