“11% Surge: Zerodha Retail Equity Holdings Now ₹1 in ₹10 – What It Means”

India’s leading digital brokerage Zerodha has reached a landmark — it now controls approximately 11% of all retail and high‑net‑worth individual (HNI) equity holdings in the country. That means literally ₹1 out of every ₹10 in retail equity wealth is managed through Zerodha account demat holdings. This milestone was confirmed by Zerodha co‑founder and CEO Nithin Kamath via an X post on June 6, 2025 

🚀 Why Zerodha Retail Equity Holdings Matter

• Rapid rise in market share: This achievement highlights Zerodha’s growth since its 2010 launch, underlining how the platform resonates with India’s growing base of self-directed investors.
• Investor trust & low‑cost advantage: Zerodha’s zero‑brokerage model for equity delivery, intuitive interface, and powerful ecosystem have earned widespread credibility.
• Broader market trend: The shift towards direct equity investing reflects expanding financial awareness among Indian households. Platforms like Zerodha are benefiting immensely from this trend.

Financial Performance & Leadership Outlook

• Strong FY24 earnings: Zerodha reported a 62% jump in net profit to ₹4,700 cr, while revenue rose 21% to ₹8,320 cr. It also holds ₹1,000 cr in unrealised gains, reinforcing its robust financial health 
• Guidance for FY26 Q1: Kamath signaled a potential 10–20% slowdown in market activity in Q1 FY26, but remains confident of hitting a ₹10,000 cr revenue target by year‑end—without raising brokerage fees 
• No rush to IPO: Kamath reaffirmed the company’s intent to stay private. He commented, “Being listed on exchanges is tough for a company like us,” and emphasised that Zerodha’s net worth (about 40% of client money held) positions it as one of the safest brokers 

Expansion Beyond Broking

Zerodha is evolving into a broader financial services group, leveraging its platform and customer base. It has already launched:

• Zerodha Fund House: Operating with no distributor commissions, and targeting index‑oriented investors.
• True Beacon AIF: Serving ultra‑HNI clients.

Future expansion plans include exploring banking licenses, subject to regulatory nods businesstoday.in

Bottom Line

Zerodha has reached a remarkable tipping point, managing ₹1 in ₹10 of India’s retail equity wealth. While it expects near‑term market activity to slow, the company remains on track for robust revenue growth. By staying private, expanding its offerings, and maintaining tight financial metrics, Zerodha is strengthening its position as the backbone of India’s retail investing revolution.

📌 Key Stats at a Glance