Kavish Mehta’s Post

🚀 Zerodha's Stellar Financial Performance in FY24: Profit Soars 62% Zerodha, India's leading stockbroker, has once again demonstrated its dominance in the market with a remarkable 62% growth in profitability, reaching ₹4,700 crore in FY 2023-24. The company also posted a 21% increase in revenue, amounting to ₹8,320 crore. A major driver behind this success is the growing interest in Futures & Options (F&O) trading, which has significantly boosted Zerodha’s financial performance. Founder & CEO Nithin Kamath attributed this milestone to a strong business model and an unrealized gain of ₹1,000 crore that will be reflected in future financials. With its innovative approach and customer-centric platform, Zerodha continues to set new benchmarks in the fintech space, positioning itself as one of India's most profitable tech startups. 💼 What are your thoughts on this impressive growth? Is F&O trading the next big thing for retail investors? #Zerodha #Fintech #StockMarket #ProfitGrowth #Leadership #FuturesAndOptions #BusinessSuccess

💥 𝐅𝐚𝐬𝐭 𝐅𝐚𝐜𝐭𝐬 & 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 In October, Bengaluru-based brokerage Groww continued its rapid growth, surpassing 12.59 million active users, significantly leading over Zerodha's 8.06 million. This expansion marks Groww's sustained lead since overtaking Zerodha last year. The platform added 350,000 new users within a month, while Zerodha saw a slower pace of 1.5 million new users in the same period. Industry players Angel One and Upstox, holding third and fourth positions respectively, are also expanding. This dynamic growth reflects strong competition and changing investor preferences in India's fintech sector. #Fintech #Investing #Groww #StockMarket #Zerodha | #LalitKeshre | Nithin Kamath | Nikhil Kamath | Dinesh Thakkar | Ravi Kumar | Raghu Kumar | Shrini Viswanath

📈 Zerodha Reports 61% Year-on-Year Profit Surge to ₹4,700 Crore, Revenue Grows 21%. In a strong financial performance, Zerodha has announced a remarkable 61% increase in profit for FY24, reaching ₹4,700 crore, alongside a 21% growth in revenue. 💰 Financial Highlights: - The significant profit jump reflects Zerodha's robust business model and increasing customer base in the trading sector. - The company’s revenue growth is attributed to higher trading volumes and enhanced user engagement. 🔍 Business Impact: - Zerodha’s performance underscores its position as a leading player in India’s fintech landscape, driving innovation in online trading. - The firm continues to focus on expanding its offerings and improving user experience, which has contributed to its growth. 📈 Market Position: - As more investors turn to digital trading platforms, Zerodha is well-positioned to capitalize on this trend, solidifying its market leadership. - The company’s commitment to providing accessible financial services resonates with a growing demographic of retail investors. 🗓️ Future Outlook: - Zerodha plans to reinvest profits to enhance technology and expand its product portfolio. - The company remains focused on fostering a strong trading ecosystem that supports investor education and engagement. Zerodha's impressive financial results highlight its successful strategy in the evolving fintech space, reflecting strong demand for online trading services. #Zerodha #Fintech #ProfitGrowth #microshots #OnlineTrading #FinancialResults #InvestmentPlatform

Zerodha Records ₹8,370 Cr Revenue in FY24, Profit at ₹4,700 Cr Zerodha, India's leading stockbroking platform, reported a significant revenue of ₹8,370 crore and a profit of ₹4,700 crore for FY24. However, co-founder Nithin Kamath has cautioned about potential challenges ahead due to regulatory changes from SEBI, which could impact 30-50% of the company's revenue. Kamath highlighted that Zerodha's share of active clients on BSE dropped to 16% in June 2024, compared to 19% a year ago, amid growing competition from platforms like Groww and Angel One. Despite the hurdles, Zerodha continues to maintain a strong position in the market, with steady growth in recent years. #Zerodha #FinTech #StockBroking #Revenue #BusinessGrowth #NithinKamath

❕ 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 𝐓𝐢𝐭𝐚𝐧𝐬 𝐂𝐥𝐚𝐬𝐡: 𝐆𝐫𝐨𝐰𝐰 𝐯𝐬 𝐙𝐞𝐫𝐨𝐝𝐡𝐚 ❗ Zerodha is ideal for active traders who want advanced features and lower fees for intraday and F&O trading. Groww, on the other hand, is better suited for beginners and long-term investors interested in mutual funds and equity delivery trading. Zerodha revolutionized the brokerage industry by introducing the discount brokerage model, significantly reducing trading costs for retail investors and making investing accessible to everyone. Its platforms, such as Kite for equities and derivatives and Coin for mutual funds, provide seamless and intuitive trading experiences. Zerodha's transparent pricing and diverse product offerings, including bonds and government securities, have earned it a large and loyal client base. Despite initial challenges, Zerodha's strong focus on customer service has paid off, achieving a flawless 0% complaint rate by FY 24-25. Zerodha's client base on the NSE grew from 1.4 million to an impressive 7.4 million in just five years, showcasing its dedication to investor success. Along with other products, Zerodha also launched Varsity Junior—a series of animated stories about a group of young kids in a small Indian village. Groww set out to simplify investing for the modern, tech-savvy generation. It started with direct mutual funds and quickly expanded to include stocks, digital gold, derivatives, and IPO investments. With its sleek, user-friendly interface, Groww became the go-to platform for many new investors. Despite its rapid growth, Groww focused on customer satisfaction, maintaining a consistently low complaint rate. By FY 24-25, it had over 9.9 million active clients with a Client share of 23.74% of Total Active Clients (NSE), who enjoyed a smooth and rewarding investing experience.  Through ups and downs, Groww's commitment to excellent service remained strong, making it a trusted ally for investors navigating the market. Deciding between Zerodha and Groww hinges on your investment objectives, experience level, and ability to handle risk. #HappyTrading #InvestWithZerodha #GrowwVsZerodha #InvestWithGroww #GrowwTrading #ZerodhaTrading #StockBrokers #Investment #Trading Lalit Keshre Nithin Kamath Nikhil Kamath Harsh Jain Ishan Bansal Kailash Nadh Source: https://lnkd.in/gg3vvgSk

📉 Struggles of a Giant 📈 Zerodha has revolutionized stockbroking in India, but even giants have their battles. Nikhil Kamath, co-founder, reveals the constant challenge of navigating complex regulations that could cut revenues by half in a day. Zerodha’s dream of becoming a bank remains elusive, despite their relentless pursuit. 🏦 “We are subject to regulators who we don't really have any influence [with] or access to their decisions, who can reduce our revenues by 50% in one day. They can make us shut down,” Yet, amidst uncertainty, the team stands firm. They continue to pivot, innovate, and dream of a financial ecosystem built with transparency and trust. 💡 Every giant once started as David. 🏹 #Zerodha #EntrepreneurJourney #Innovation #RegulatoryChallenges #Inspiration #SEBI

Zerodha Reports Record-Breaking Profit of ₹4,700 Crore in FY24, Eyes Stronger Growth Ahead Zerodha, led by Nithin Kamath and Nikhil Kamath, saw its profits surge by 62% in FY24, reaching ₹4,700 crore. Revenue also increased by 21%, hitting ₹8,320 crore, marking another strong year for the company. While Groww has surpassed Zerodha as the largest stockbroker by active users, Zerodha still maintains a 16.86% market share on the NSE. It remains the top discount broker by revenue and profit. In FY23, Zerodha recorded ₹2,907 crore in profits, a 38.8% increase, though slower compared to its previous year's growth. Revenue for the same period stood at ₹6,875 crore, indicating steady performance. CEO Nithin Kamath shared that Zerodha’s net worth is ~40% of customer funds, making it one of the safest brokers in India. With ₹1,000 crore in unrealized gains, Zerodha's financial strength is set to grow further. Kamath also noted that removing account opening fees will help Zerodha regain market share as they continue to innovate and grow their customer base. What are your thoughts on Zerodha’s financial performance and Kamath’s strategy to stay competitive? Let me know in the comments! 👇 #Zerodha #Fintech #StockMarket #KamathBrothers #Finance #Trading #Growth #Investment #FY24

Excited to unveil our fintech class project on Zerodha, an influential player in the investment realm! 🚀 Zerodha, established in 2010 by Nithin Kamath, has revolutionized trading with its tech-centric approach, becoming India's largest stockbroker. 📊 Project Highlights: 🔍 Overview: Zerodha, a pioneer in the discount brokerage industry, offers a wide range of services including equity trading, commodity trading, currency trading, and bond trading. With its robust technology and user-centric platform, Zerodha has empowered millions of investors. 💰 Financials: As of 2024, Zerodha boasts a self-assessed valuation of over $10 billion. The firm's consistent focus on low-cost trading and customer-centric innovations has driven its exponential growth in the Indian market. 📈 Market Landscape: Zerodha stands tall in the competitive brokerage sector, which is part of the broader $2 trillion Indian Financial Services Industry. With its innovative approach, Zerodha has captured a significant market share, competing closely with other giants like Groww and Upstox. 🏆 Market Position: Dominating with a significant market share, Zerodha is not just a market leader but also a trendsetter in the discount broking segment, challenging traditional brokerage firms with its low-cost, technology-driven model. 💼 Business Model: Zerodha's success stems from its zero-brokerage model for equity investments and nominal charges for intraday trades. This model, coupled with its powerful trading platforms like Kite and Varsity, has broadened its appeal among retail investors. Our deep dive into Zerodha's journey, from its inception to becoming a key disruptor in the trading industry, showcases the transformative power of fintech in democratizing investment. 🌟 Guided by Professor Puneet Gupta, our team— Vanshaj Juneja, Shanmuga Velayutham P, Manan Solanki, Karthik Patibandla and Harsh Vardhan Kyal—explored Zerodha's impactful strides towards making investment accessible and affordable in India. 🏅 #Zerodha #Fintech #InvestmentTech #DemocratizingInvestment #FinancialInclusion #StockMarket #FinancialServices #MarketInsights #TeamProject #IndustryAnalysis #LinkedInPost

Zerodha: Revolutionizing Stock Trading in India 🔍 Did you know that Zerodha, India's largest stockbroker, started with a mission to make trading affordable and accessible for everyone? As someone passionate about the FinTech space, I find Zerodha's journey truly inspiring. Some key points that made the Zerodha's mission and vision goes like: 》Low Brokerage Fees- that made possible even for small investors to participate in stock trading. 》Kite Trading Platform- charts and candles are the most important features for any investment. Zerodha provides real-time data on their KITE platform which is seamless user friendly making the investment smoother. 》Educational Initiatives - informed decisions in investment bring fortune. Zerodha Varsity platform offers educational content to make our decision highly contended. CONCLUSION With over 4 million active users, Zerodha has significantly contributed to financial inclusion and literacy in India. Zerodha’s story is a testament to how innovation and a customer-first approach can disrupt traditional industries and create lasting impact. I've too recently started trading and learning more about the stock trading. But before knowing the work we should know with whom we're going to work. 💬 What do you think about Zerodha’s approach to transforming the brokerage industry? Have you used their services, and what has been your experience? Share your thoughts in the comments! #FinTech #Innovation #StockTrading #Finance #Investing #Zerodha