Zerodha CEO Nithin Kamath has made it clear: the corporate doesn’t want the general public markets to fund its ambitions.
“We’ve got sufficient money to do no matter we wish to do,” Kamath was quoted as saying in a interview to CNBC-TV18’s Shereen Bhan from Monaco, the place he’s a finalist for the EY World Entrepreneur of the Yr 2025 award.
He added, “Being listed on exchanges is hard for a corporation like us,” successfully shutting down any hypothesis about an IPO within the close to future.
Regardless of anticipating a ten–20% decline in Zerodha’s broking enterprise this yr resulting from weaker market exercise, Kamath is aiming massive — ₹10,000 crore in income by FY26. He additionally dominated out any adjustments to brokerage charges, sticking to the platform’s low-cost mannequin.
In a wide-ranging dialog, Kamath reaffirmed his long-term imaginative and prescient of remodeling Zerodha right into a full-spectrum monetary providers conglomerate, with aspirations that embrace getting into the banking sector.
“We’re not giving up on our banking licence ambition,” he mentioned, underlining the corporate’s intent to transcend broking.
Zerodha, India’s largest inventory brokerage by lively purchasers, continues to increase its product stack whereas resisting investor and market pressures to lift capital or checklist. It gives a sturdy suite of instruments together with Kite for buying and selling, Console for account insights, Coin for mutual fund investments, and Sensibull for choices buying and selling. For retail traders, it stays among the many most cost-effective platforms, with account opening expenses as little as ₹200, and annual upkeep expenses starting from Re 0 to ₹300 based mostly on holdings.
Kamath’s stance alerts a continued emphasis on independence, self-discipline, and long-term management—a philosophy that has served Zerodha properly since its bootstrapped inception. ]
