’Zerodha’s valuation is way higher than reality’: CEO Nithin Kamath
1 year, 2 months ago

’Zerodha’s valuation is way higher than reality’: CEO Nithin Kamath

Live Mint  

India's largest stock broking platform Zerodha's growth slowed down its fiscal year 2023 as the net profits grew 39% to ₹2900 crore from ₹2094 crore in the fiscal before. A day after the financial results came out, Zerodha founder and CEO Nithin Kamath shared a long post on X on how Zerodha's valuation is higher than calculated. It might sound counterintuitive for me to say it, but most assumptions, I think, are way higher than reality,” Nithin Kamath said in the post. Nithin Kamath also explained why he has mentioned a moderate growth rate of 10 to 15% and said Zerodha wants to keep its core philosophies intact like no spam, no revenue or sales targets, no tracking customer data to push people to do more, etc. As I mentioned in our post recently, the problem with trying to grow fast is that it is very hard given some of our core philosophies at Zerodha, like no spam, no revenue or sales targets, no tracking customer data to push people to do more, no spending on acquiring customers, etc.

Revenue Valuation Kamath Zerodha Nithin Kamath Growth Nithin  zerodhas  core  growth  nithin  higher  ceo  think  reality  valuations  kamath  revenue  zerodha  crore  way  valuation

History of this topic

Zerodha’s viral social media post strikes a deep chord, ’If the realisation hasn’t hit you...’
3 days, 6 hours ago

Zerodha’s viral social media post strikes a deep chord, ’If the realisation hasn’t hit you...’

Live Mint  

Zerodha, a popular brokerage firm, has struck a deep chord with its latest social media post, which will most certainly invoke a feeling of nostalgia and compel people to introspect how life has changed. Achieving work-life balance is like walking a tightrope, and Zerodha's post underscored a striking reality— people don't give enough time to family and friends. One user …

Billionaire CEO does push-ups in office: Watch Nithin Kamath's impressive fitness challenge
4 months, 3 weeks ago

Billionaire CEO does push-ups in office: Watch Nithin Kamath's impressive fitness challenge

Hindustan Times  

Zerodha CEO and co-founder Nithin Kamath, a vocal advocate of fitness, took part in an impromptu workout session with his colleagues recently. Zerodha co-founder Nithin Kamath participated in a quick workout session at the Rainmatter office. Watch the video of Nithin Kamath doing push-ups with his colleagues: The video of the billionaire CEO joining his colleagues for the quick workout …

Zerodha to end zero brokerage structure? What Nithin Kamath said on Sebi order
5 months, 3 weeks ago

Zerodha to end zero brokerage structure? What Nithin Kamath said on Sebi order

Hindustan Times  

Zerodha co-founder Nithin Kamath said that the brokerage may have to let go of zero brokerage structure or increase brokerage for F&O trades. Zerodha co-founder Nithin Kamath "This circular has a significant impact on brokers, traders, and investors," Nithin Kamath said, adding that stock exchanges charge transaction fees based on the overall turnover contributed by brokers. Zerodha is one one …

Zerodha investors made ₹50,000 crore profit in four years: Nithin Kamath
6 months, 1 week ago

Zerodha investors made ₹50,000 crore profit in four years: Nithin Kamath

Hindustan Times  

Investors on the Zerodha platform made a profit of Rs.50,000 crore over the past four years, Nithin Kamath, the co-founder and CEO of Zerodha, announced on social media platform X. Zerodha CEO Nithin Kamath. Additionally, the investors are sitting on unrealized gains amounting to one lakh crore rupees, with a total Asset Under Management of Rs.4,50,000 crore, according to his …

Zerodha's Nithin Kamath: ‘In future, brokers will just process orders…’ says SEBI making markets ‘investor-friendly’
6 months, 2 weeks ago

Zerodha's Nithin Kamath: ‘In future, brokers will just process orders…’ says SEBI making markets ‘investor-friendly’

Live Mint  

In a post on the social media site X, Zerodha founder-CEO Nithin Kamath praised SEBI for making the Indian markets safer and more investor-friendly. Zerodha founder-CEO Nithin Kamath, on June 7, praised the Securities and Exchange Board of India for making the Indian markets safer and more investor-friendly. {{^adFree}} {{/adFree}} In a post on the social media site X, Kamath …

Zerodha's Nithin Kamath on what's better- FD returns, stocks or this third option
7 months, 3 weeks ago

Zerodha's Nithin Kamath on what's better- FD returns, stocks or this third option

Hindustan Times  

Zerodha co-founder Nithin Kamath showed his support for bonds which can be a good pick for most Indians investors as per him. Bonds so far have been an HNI product but to increase the participation of retail investors in the corporate bond market, Sebi cut the face value of such debt securities to ₹10,000 from ₹1 lakh. With all the …

Zerodha CEO Nithin Kamath says Indian startups' success is because of ‘investors from…’
10 months ago

Zerodha CEO Nithin Kamath says Indian startups' success is because of ‘investors from…’

Hindustan Times  

Zerodha CEO Nithin Kamath said that much of the success of homegrown startups to “investors outside India” and wealth needs to be created locally for India to grow inclusively. Staying in India and incorporating at home also saves the future hassle of paying huge taxes to flip back," Nithin Kamath wrote on X. He added, “Also, the growing local pools …

Liquidation preferences, gap between valuations and business fundamentals can impact startups from funding: Nithin Kamath
1 year, 7 months ago

Liquidation preferences, gap between valuations and business fundamentals can impact startups from funding: Nithin Kamath

Live Mint  

In a recent Twitter speech, Nithin Kamath, the founder of Zerodha, addressed how liquidation preferences and the gap between valuations and business fundamentals might affect businesses' ability to raise money. The more money founders raise, the harder it is for them and their teams to see equity upside.” Highlighting about the relation between valuation and liquidity preferences, Kamath said via …

Online brokerage firm Zerodha’s net profit surges 87% to ₹2,000 cr
1 year, 11 months ago

Online brokerage firm Zerodha’s net profit surges 87% to ₹2,000 cr

Live Mint  

India’s largest stock broking platform Zerodha's net profit rose by 87 per cent to ₹2,094.4 crore, according to company's filing. Zerodha's reported an operating revenue of ₹4,963.7 crore in FY22, up 82 per cent over last year, according to VCCircle. The Bengaluru-based company founded by Nithin Kamath and Nikhil Kamath in 2010 provides share broking services, financial services and portfolio …

‘Startups globally have ignored this asset…’ says Zerodha founder, Nithin Kamath
1 year, 11 months ago

‘Startups globally have ignored this asset…’ says Zerodha founder, Nithin Kamath

Live Mint  

Amid the buzz surrounding the IPO market, startups are focusing on maximising their valuations. To utilise the opportunity of turning shareholders into ambassadors, companies must create wealth with the least volatility by maintaining the right expectations, being transparent, and not overselling their company shares, suggests Nithin Kamath. Sharp falls tend to spook retail investors; they panic and exit at lowes.” …

Zerodha’s Nithin Kamath tells how much return a trader should generate yearly to turn profitable
3 years, 5 months ago

Zerodha’s Nithin Kamath tells how much return a trader should generate yearly to turn profitable

Live Mint  

Zerodha founder and CEO Nithin Kamath on Monday said the minimum return an active trader should generate to break even yearly on their portfolio is over 20%. Terming the suggested return as indeed 'high and tough' for active traders, he adds, "What most traders don't realize is that they pay a good chunk of their capital as costs." "If you …

Zerodha’s Nithin Kamath clarifies on salary, says did not anticipate so ’much attention’
3 years, 6 months ago

Zerodha’s Nithin Kamath clarifies on salary, says did not anticipate so ’much attention’

Live Mint  

Zerodha co-founder Nithin Kamath Sunday clarified on Twitter regarding the news reports that he will draw a salary of up to ₹100 crore every year, according to a special resolution passed by the stock brokerage firm’s board. Nithin Kamath said that the approval may not essentially mean that the founders would draw out ₹100 crore as final salaries from the …

Discover Related