Zerodha’s scale is the talking point of 2025. Exchanges publishing broker net worth reveal Zerodha at ₹13k+ crore, with a net worth that’s more than half of client funds, and no debt or outside investors in sight. That moat, paired with a lean balance sheet, helps explain why some say Zerodha will stay dominant for years. It’s also a bit of a PR puzzle: the lender of the loudest market presence isn’t always the loudest on returns [2].
References
[2]
Reddit
Never knew Zerodha is this massive
Comparing Indian brokers Zerodha, Groww, Kotak; net worth vs client funds; advertising, referrals, and long-term moat
View source