The Discount Broking Slide, A New Unicorn & More

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India’s Discount Broking Churn

A year after SEBI clamped down on “lucrative” F&O trading, the cracks are now beginning to show for discounting broking platforms – plummeting revenues, an impending breakdown of the free trading model and diminishing margins. 

The numbers tell the story of how deep SEBI’s cut has been:

  • Zerodha saw revenues crash 40% in Q1 FY26, while top line tumbled 15% YoY to INR 8,500 Cr in FY25
  • Angel One’s revenues dropped 19% YoY to INR 1,140 Cr in Q1 FY26,…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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The Discount Broking Slide, A New Unicorn & More


India’s Discount Broking Churn

A year after SEBI clamped down on “lucrative” F&O trading, the cracks are now beginning to show for discounting broking platforms – plummeting revenues, an impending breakdown of the free trading model and diminishing margins. 

The numbers tell the story of how deep SEBI’s cut has been:

  • Zerodha saw revenues crash 40% in Q1 FY26, while top line tumbled 15% YoY to INR 8,500 Cr in FY25
  • Angel One’s revenues dropped 19% YoY to INR 1,140 Cr in Q1 FY26,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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