Zerodha reports Rs 4,283 Cr profit in FY26; revenue remains flat

•Zerodha reports Rs 4,283 Cr profit in FY26, a 1.2% increase from the previous year.
•Revenue remains flat, but margin trading facility (MTF) business contributes 10% of revenue, with a book value of Rs 9,000 Cr.
•Zerodha is India's largest broker by total AUM, with Rs 1 lakh Cr from IL&FS customers, and aims to grow customer assets and new businesses.
•The company needs around Rs 11,000 Cr of capital to operate at its current size, which it sees as a competitive advantage.