Zerodha Capital FY26 net profit rises 20% to Rs 14.7 crore
19 Jun 2026, 06:23 PMTotal income rose 44% to Rs 53.5 crore during the year, up from Rs 37.1 crore in FY25.
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Zerodha Capital, the lending arm of Zerodha Group, reported a 20.5% year-on-year increase in net profit to Rs 14.7 crore in FY26, aided by strong growth in its loan-against-securities (LAS) business.
Total income rose 44% to Rs 53.5 crore during the year, up from Rs 37.1 crore in FY25, according to an ICRA report.
The company's LAS book expanded to Rs 580 crore as of March 31, 2026, supported by Zerodha's large retail investor base and broking franchise.
ICRA reaffirmed Zerodha Capital's long-term rating at AA- (Stable) and short-term rating at A1+, while increasing the rated amount of its unallocated bank facilities to Rs 900 crore from Rs 600 crore.
"The stable outlook on the long-term rating reflects ICRA’s expectation that ZCPL will continue to benefit from the synergies arising from the Group’s established franchise and track record in capital markets," said the rating agency in the report.
Launched in 2021, Zerodha Capital offers loans against shares and mutual funds with ticket sizes ranging from Rs 25,000 to Rs 10 crore. The company lends against approved securities at loan-to-value ratios of up to 50%.
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