By New.storytailors,News18

Copyright news18

Over the years, Zerodha has become the go-to platform for trading and investing for many. People like it for its simple interface and low, flat brokerage fees. What is surprising is how far it has come without ever spending much on flashy advertisements and marketing campaigns.
Recently, a Reddit post titled “Never knew Zerodha is this massive” has caught people’s attention as it featured a chart that compared the net worth of different brokers. The post clearly showed Zerodha’s strong position in the market.
Zerodha’s Net Worth vs Competitors
The chart showed that Zerodha’s net worth is above Rs 13,000 crore far ahead of its competitors. Kotak Securities was listed next with slightly under Rs 8,000 crore, followed by ICICI Securities with slightly over Rs 4,000 crore. Angel One came just below ICICI Securities while HDFC Securities was above Rs 2,000 crore and Motilal Oswal slightly below Rs 2,000 crore. Sharekhan and Groww were both above Rs 1,000 crore with Sharekhan slightly leading, according to the Reddit post.
The Redditor who shared the chart wrote, “Exchanges started publishing broker net worth last year. Zerodha shows Rs 13,000 crore. The crazy part…Zerodha’s net worth is 50 per cent+ of client funds, with zero debt and no outside investors. That’s unheard of in the industry.”
Never knew Zerodha is this massive byu/nothing_A25 inIndianStreetBets

Reddit Community On Zerodha’s Growth
The Reddit post sparked a wave of discussion, with users sharing their thoughts on Zerodha’s unique approach and market dominance.
One user commented, “While others chase quarterly numbers, Zerodha silently builds moats.”
Another wrote, “What’s strange to me is Groww is 1/16th of Zerodha. It has the biggest client base and can be seen on most phones. Guess, marketing and brand spends does hit them somewhere. Meanwhile, I have never seen a Zerodha ad or sponsorship thing.”
Someone praised co-founder and CEO Nithin Kamath, saying, “All credit goes to the banking system and private brokers that for decades made sure that common retailers don’t have easy entry in the market, and booooommm Kamath jumps with a great idea and the rest is history!!!!!”
“You say Zerodha…I am shocked to see Kotak topping above likes of ICICI and HDFC,” an individual said
A person highlighted the business model, stating, “Zerodha’s business model is far superior to other stock brokers. They don’t advertise much, but people are drawn to their simple interface and low brokerage fees. Unlike some other brokers, they avoid unnecessary features and focus on what matters.”
“The trust factor of Zerodha, you won’t get that with any other broker. Peace of mind, no spam, no data selling, simple interface, features that constantly warn you against possible losses etc. Love their customer first philosophy,” read another comment.
Revenue Dip Prompts Zerodha To Rethink Strategy
Despite its growth, Zerodha may soon change its zero charges on equity delivery trades. In a blog post marking the brokerage’s 15th anniversary, Nithin Kamath highlighted the mounting risks in the brokerage industry and the need for the company to pivot.
Kamath revealed that Zerodha’s brokerage revenue dropped by 40 per cent in Q2 FY 2025 compared to the same quarter last year and mentioned that the company might need to rework its business model to adjust to the changing market conditions.