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Will Zerodha go for an IPO? Here's what Nithin Kamath said
Will Zerodha go for an IPO? Here's what Nithin Kamath said

Economic Times

time12 hours ago

  • Business
  • Economic Times

Will Zerodha go for an IPO? Here's what Nithin Kamath said

Zerodha co-founder and CEO Nithin Kamath has ruled out any plans for an initial public offering (IPO), even as the company prepares for a temporary slowdown in its core broking business and eyes a long-term transformation into a full-scale financial services conglomerate, including a foray into banking, according to a report from CNBC TV18. ADVERTISEMENT Kamath said Zerodha has enough capital to execute its growth plans independently. 'We continue to believe there's no reason to IPO. Being listed on exchanges is tough for a company like us,' he said, making it clear that the firm will remain privately held for the foreseeable future. Kamath admitted that the broking business is likely to witness a 10–20 percent decline in the near term, attributing the weakness to slower market activity in Q1 FY26. However, he maintained that the company remains confident of achieving Rs 10,000 crore in revenue by the end of FY26, without increasing its brokerage rates. Despite the expected dip in trading volumes, Kamath said Zerodha is well-positioned due to its consistent profitability and financial strength. The company reported a 62% jump in profit to Rs 4,700 crore in FY24, while revenue rose 21% to Rs 8,320 crore. Additionally, Zerodha holds Rs 1,000 crore in unrealised gains, further strengthening its balance sheet.'Given the profitability of the last three years, our net worth is almost 40% of the customer funds that we manage. It makes us one of the safest brokers to trade with,' Kamath ahead, Kamath reaffirmed the company's broader ambition to evolve into a diversified financial services powerhouse. Over the next decade, Zerodha aims to transition into a full-fledged financial conglomerate, and the roadmap includes eventual entry into banking, pending a regulatory nod for a banking licence. ADVERTISEMENT Zerodha, which revolutionised retail investing in India through its discount broking model, is now the country's second-largest stock broker by active client base. The company continues to maintain a lean, profitable, and conservative approach to growth, with a clear preference for independence over public listing. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)

Zerodha's MTF bet pays off, touches Rs 3,000 crore in 6 months despite a bear market: Nithin Kamath
Zerodha's MTF bet pays off, touches Rs 3,000 crore in 6 months despite a bear market: Nithin Kamath

Time of India

time2 days ago

  • Business
  • Time of India

Zerodha's MTF bet pays off, touches Rs 3,000 crore in 6 months despite a bear market: Nithin Kamath

Zerodha's Margin Trading Facility (MTF) book has surged to ₹3,000 crore in just six months, serving as a revenue hedge during market downturns and boosting profitability. Enhancements in MTF features and client success are driving strong early traction. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Discount brokerage Zerodha's Margin Trading Facility (MTF) book has grown to approximately Rs 3,000 crore within just six months of launch, despite nearly half that period being marked by bear market-like conditions. Founder and CEO Nithin Kamath shared the update on X (formerly Twitter), noting that although the company had long resisted entering the MTF space, it has now emerged as an effective revenue hedge—offsetting declines in both the options business and transaction charge revenues."Our MTF (Margin Trading Facility) book grown to Rs Rs 3,000 crores within 6 months of launch. Half the time, we were in a bear market-like conditions. By the way, the MTF component of a business, which we had resisted for so long, has acted as a revenue hedge for the business against a drop in options business and a drop in transaction charge revenue," the tweet said that the company's clients are currently sitting on a combined profit on their MTF position. Calling it a "good news", he said that he doesn't know if it will eventually be like this, but at least for now, the business is profitable."The good news is that our clients are sitting on a combined profit on their MTF position. I don't know if it will eventually be like this, but at least for now, they are profitable," Kamath said that the revenue cushioning provided by MTF has helped the company to maintain brokerage rates and depository participant (DP) charges at pre-regulatory action levels, preserving client economics even during industry-wide pricing strong early performance and tangible business benefits, MTF is fast becoming a key lever in the firm's diversified revenue said that the company has improved the MTF feature on Kite by facilitating easy converting of MTF positions to delivery; increasing limits for trade up to Rs 5 crore per stock and Rs 25 crore per account. The company allows MTF for over 1,300 stocks with up to 5X Kite, the users can place GTT and AMO is 'Good Till Triggered" which is a type of order that allows traders to set up buy or sell orders that will only be executed when a specific price trigger is met. This means the order remains active until the trigger condition is reached, unlike regular orders which may expire if not filled during the trading is 'After Market Order' which allows investors to place buy or sell orders outside of regular trading hours. These orders are then executed the next trading day usually during the pre-market Read: Zerodha AMC's silent success: AUM worth Rs 6,400 crore in 18 months, LIQUIDCASE ETF emerges as a retail hero

Zerodha's MTF bet pays off, touches Rs 3,000 crore in 6 months despite a bear market: Nithin Kamath
Zerodha's MTF bet pays off, touches Rs 3,000 crore in 6 months despite a bear market: Nithin Kamath

Economic Times

time2 days ago

  • Business
  • Economic Times

Zerodha's MTF bet pays off, touches Rs 3,000 crore in 6 months despite a bear market: Nithin Kamath

Zerodha's Margin Trading Facility (MTF) book has surged to ₹3,000 crore in just six months, serving as a revenue hedge during market downturns and boosting profitability. Enhancements in MTF features and client success are driving strong early traction. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Discount brokerage Zerodha's Margin Trading Facility (MTF) book has grown to approximately Rs 3,000 crore within just six months of launch, despite nearly half that period being marked by bear market-like conditions. Founder and CEO Nithin Kamath shared the update on X (formerly Twitter), noting that although the company had long resisted entering the MTF space, it has now emerged as an effective revenue hedge—offsetting declines in both the options business and transaction charge revenues."Our MTF (Margin Trading Facility) book grown to Rs Rs 3,000 crores within 6 months of launch. Half the time, we were in a bear market-like conditions. By the way, the MTF component of a business, which we had resisted for so long, has acted as a revenue hedge for the business against a drop in options business and a drop in transaction charge revenue," the tweet said that the company's clients are currently sitting on a combined profit on their MTF position. Calling it a "good news", he said that he doesn't know if it will eventually be like this, but at least for now, the business is profitable."The good news is that our clients are sitting on a combined profit on their MTF position. I don't know if it will eventually be like this, but at least for now, they are profitable," Kamath said that the revenue cushioning provided by MTF has helped the company to maintain brokerage rates and depository participant (DP) charges at pre-regulatory action levels, preserving client economics even during industry-wide pricing strong early performance and tangible business benefits, MTF is fast becoming a key lever in the firm's diversified revenue said that the company has improved the MTF feature on Kite by facilitating easy converting of MTF positions to delivery; increasing limits for trade up to Rs 5 crore per stock and Rs 25 crore per account. The company allows MTF for over 1,300 stocks with up to 5X Kite, the users can place GTT and AMO is 'Good Till Triggered" which is a type of order that allows traders to set up buy or sell orders that will only be executed when a specific price trigger is met. This means the order remains active until the trigger condition is reached, unlike regular orders which may expire if not filled during the trading is 'After Market Order' which allows investors to place buy or sell orders outside of regular trading hours. These orders are then executed the next trading day usually during the pre-market Read: Zerodha AMC's silent success: AUM worth Rs 6,400 crore in 18 months, LIQUIDCASE ETF emerges as a retail hero

Influencer shares how Nithin Kamath offered help when he was nearly broke
Influencer shares how Nithin Kamath offered help when he was nearly broke

India Today

time4 days ago

  • Business
  • India Today

Influencer shares how Nithin Kamath offered help when he was nearly broke

Influencer Revant Himatsingka, popularly known as the 'Food Pharmer', has shared how a quiet gesture from Zerodha co-founder Nithin Kamath uplifted him during one of the most difficult phases of his a now-viral post on LinkedIn, Himatsingka opened up about December 2023, a time when, in his own words, he was 'nearly broke'. 'When I was nearly broke, battling lawsuits, and questioning everything, Nithin Kamath offered to help me out,' he said in his post. advertisement He had returned to India after quitting a Rs 2 crore-per-year job in the US, was refusing brand deals, and was buried under the weight of eight legal notices. Emotionally drained and plagued with self-doubt, he said he felt like he was falling recalled, 'I had quit my job in the US, wasn't doing food brands deals, and I had 8 legal notices. I had no source of income, and that's when I met Nithin Kamath at an event in December 2023.'It was then, at an event, that he crossed paths with Kamath, someone he had never spoken to before. What followed left him stunned.'Don't worry, if you need any financial help, let me know, I'll help out,' Kamath told him. Surprised, Himatsingka asked if he would want equity in return. Kamath's answer? A simple smile and, 'None. I don't want anything. I just want to support you.'advertisementHimatsingka didn't take the offer. But the gesture left an impact that went deeper than money. 'It wasn't charity. It was a belief,' he wrote. 'Belief that doing the right thing is worth backing.'He added, 'In a world obsessed with ROI, here was someone who reminded me that true wealth is in character. You didn't just offer me help. You inspired me.'Take a look at his post here: Social media users were quick to react to the heartfelt post. 'This is something out of this world. It happens only in movies. You are really blessed,' a user said, while another added, 'Real generosity asks for nothing in return. That kind of belief can change a life.'One of the users said, 'You both are two changemakers leading with purpose and impact in India.'See the comments here: Revant Himatsingka, who has made it his mission to call out misleading food marketing, said Nithin Kamath's gesture reminded him of what truly matters. For him, it wasn't just about financial support, it was about someone believing in his fight when he needed it the Watch

‘I Just Want...': What Food Pharmer Told Nithin Kamath Over Offer To Help ‘Broke' Influencer
‘I Just Want...': What Food Pharmer Told Nithin Kamath Over Offer To Help ‘Broke' Influencer

News18

time6 days ago

  • Business
  • News18

‘I Just Want...': What Food Pharmer Told Nithin Kamath Over Offer To Help ‘Broke' Influencer

Last Updated: Revant Himatsingka thanked Zerodha co-founder Nithin Kamath for believing in him and extending help during a difficult time. At a time when health influencers have been trending online, an individual came forward with a unique blend of humour and truth, creating ripples with his take on the food industry. Also known as Food Phamer, Revant Himatsingka's journey from a high-paying job to becoming a social media informant wasn't an easy one. After losing almost everything over quitting a Rs 2 crore LPA job to fight the practice of misleading food marketing in India, Revant got help from the most unexpected source. It was none other than Zerodha co-founder Nithin Kamath. Back in 2023, Revant left his high-paying US job to return to India and decided to expose the deceptive practices with his witty style. However, the decision came with some after-effects—legal notices, zero income and burnout. Taking to his X handle, Revant shared a long post, detailing the particular phase of his life and how the Zerodha co-founder came to his aid. 'When I was nearly broke, battling lawsuits, and questioning everything—Nithin Kamath offered to help me out. I had quit my job in the US, wasn't doing food brand deals, and I had 8 legal notices. That's when I met @Nithin0dha at an event in December 2023," he wrote. When I was nearly broke, battling lawsuits, and questioning everything—Nithin Kamath offered to help me out.I had quit my job in the US, wasn't doing food brands deals, and I had 8 legal notices. That's when I met @Nithin0dha at an event in December 2023. He told me 'Don't… — Revant Himatsingka 'Food Pharmer" (@foodpharmer2) May 29, 2025 He recalled Kamath advising him not to worry and even extending financial help if needed. 'I asked him, 'How much equity would you want if you help me?" He smiled and said, 'None. I don't want anything. I just want to support you." I was stunned. I wasn't a close friend. In fact, I had never met him before," Revant shared a part of their conversation. Noting that they weren't close friends, Revant believed it was just the belief that he was doing the right thing. 'In a world obsessed with ROI, here was someone who reminded me that true wealth is in character. I ended up not taking the money, as I want to try to create a sustainable source of income rather than relying on donations or contributions," he wrote towards the end, further expressing gratitude for Kamath's support and inspiration. Social media users quickly took to the comment section and shared their heartwarming reactions. Many appeared impressed with Kamath's supportive gesture. As of now, while FoodPharmer continues to lead his battle against misleading food marketing, he has not forgotten to appreciate a small gesture that gave him a renewed sense of purpose. Watch India Pakistan Breaking News on CNN News18. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! First Published:

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