Results · Financial Services

Zerodha Capital posts Rs 14.7 crore net profit in FY26

By Startup Enthusiast · 19 June 2026

What they do

Zerodha Capital is the lending arm of Zerodha Group, an RBI-registered NBFC based in Bengaluru

It reported FY26 net profit of Rs 14.7 crore, up 20.5% YoY, and total income of Rs 53.5 crore, up 44.2%

Its loan-against-securities book stood at Rs 580 crore with zero gross non-performing assets

Zerodha Capital reported its financial results for FY26.
Total income rose 44.2% year-on-year to Rs 53.5 crore.
Net profit increased 20.5% to Rs 14.7 crore from Rs 12.2 crore in FY25.
Its loan-against-securities (LAS) book stood at Rs 580 crore as of 31 March 2026.
Total assets grew to Rs 641 crore from Rs 433 crore a year earlier.
Net worth was approximately Rs 188 crore as of March 2026.

ICRA reaffirmed Zerodha Capital's long-term rating at [ICRA]AA- (Stable) and short-term at [ICRA]A1+.
ICRA also enhanced the rated amount of fund-based bank facilities from Rs 600 crore to Rs 900 crore.
The company reported nil gross non-performing assets (GNPAs) as of March 2026.
Zerodha Capital benefits from the Zerodha brand, shared promoters, and access to the broking customer base of 68.5 lakh active NSE clients.

Zerodha Capital is the lending arm of Zerodha Group, an RBI-registered NBFC based in Bengaluru.
It offers retail loan-against-securities (LAS) products with ticket sizes from Rs 25,000 to Rs 10 crore.
Loan-to-value (LTV) is capped at 50% of approved shares and mutual funds.
LAS interest rates range from 10% to 11% per annum.
The company generates income from interest on LAS loans and other financial services.