

Nithin Kamath
Nithin Kamath is the founder and Chief Executive Officer of Zerodha(which is the India largest stock brokerage firm) based at Banglore, Karnataka, India.
Born | 5 October 1979, Aligarh , Uttar Pradesh |
Height | 5ft 11 in (180 cm) |
Father | U.R Kamath |
Mother | Revati |
Wife | Seema Patil |
Profession | Entrepreneur |
Kid | 1 |
Bio
Nithin Kamath is an Indian Entrepreneur and a stockbroker and a columnist for The Financial Express. The Top 10 Bussinessmen to WatchOut for 2016 in india for discount broking. His age is 44 years as the year of 2023.
Family
Nithin was born in Shivamogga, Karnataka, India to a Konkani family. His father, U.R. Kamath was employed as one of the executive with Canara Bank. His mother, Revathi taught to play the musical instrument, veena.
He also has a younger brother, Nikhil Kamath, who is the Co-founder at Zerodha. Nithin Kamath wife is Seema Patil, they both got married in 2008. He loves to play basketball. The couple was also blessed with a son named Kiaan.
Education
During his childhood days, started out with him travelling across India while escorting his father’s profession. He then settled in Banglore in 1996, where he finished his secondary and college.
Nithin Kamath Education was completed when he graduated from Bangalore Institute of Technology specialized in Electronics and Telecommunications.


Career
At age 17, Nithin started managing his father’s trading account. While pursuing his studies at college, he was already self employed as a Propriety Trader from January 1997 to January 2004.
After spending a substantial time as a professional trader, he worked at a call center for three years due to the lack of trading capital. He traded during the day and did the Telesales at Nights. He worked for the call center focused company, Senior Telesales Executive from January 2001 to June 2004.
Nithin started his professional career as a sub-broker, when he partnered with Kamath Associates as a propriety trader. It was basically a franchisee of Reliance Money. He also deduced Portfolio advisory services. He worked at the company for six years i.e., from January 2004 to January 2010.


Nithin Kamath Net Worth
Zerodha has changed the landscape of the Indian broking industry by pioneering the discount broking model in the country. Zerodha’s profits almost doubled to Rs 2,094 crore in FY22 while revenue rose to Rs 4,964 crore. The net worth of Nithin Kamath and Nithin Kamath is estimated at $3.45 billion which is around Rs.17,500 crores as of FY22
The firm run by Nithin Kamath and Nikhil Kamath had recorded revenues of INR 938.4 crore in FY20, which nearly quadrupled to INR 2,729 crore in FY21. During FY22, when Zerodha reported having generated INR 4300 crore($562.74 million) in revenue, this revenue saw a good increase once more.
Over the past three fiscal years, the company’s profits have also improved. Zerodha reported a profit of INR 424 crore in FY20 this figure more than doubled to INR 1122 crore in FY21 and increased once again to INR 1800 crore ($2 billion) in FY22. Zerodha’s growth is predicted to increase by 60% year over year in FY25.
Zerodha made 81.5% of its operating income from the “selling of service”, which included brokerage fees, sales of high end tech solutions like the Kite Connect API, management of collections through user onboarding, and trading of transaction fees that customers pay to various stock exchanges.
This income which was estimated at INR 718.4 crore in FY20, rise by 3.1X in FY21 to reach INR 2,252.5 crore. The remaining 17.5% of Zerodha’s operational revenues are shown under “Other Miscellaneous Operating Revenues.” The Company’s interest fees on financial instruments and the margin interest from its customers have made this possible.
Additionally, this revenue stream increased from INR 220.05 crore in FY20 to INR 476.4 crore in FY21, or around 2.2X. According to NSE statistics released on February 14, 2022, Zerodha started with a total customer base of 16 lakhs, which increased to 33.91 lakhs.


Net Worth | $3.45 Billion |
Net Worth In Indian Rupees | 17,500 crores INR |
Monthly Income And Salary | 4.16 Crore + |
Yearly Income | 45 Crore + |
Income Source | Entrepreneur |
Social Media of Nithin Kamath
FAQ (Frequently Asked Questions)
1. How much is Zerodha Worth?
Ans. Zerodha in 2022 was valued at $2 billion(Rs.15,612 crores).
2. Is Zerodha a Cryptocurrency?
Ans. No, you cannot trade in Bitcoin or other cryptocurrencies using your Zerodha account.
3. Is Zerodha registered with RBI?
Ans. Zerodha, being a Trading Member of NSE and BSE, registered with Securities & Exchange Board of India(“SEBI”) .
4. Can we keep money in Zerodha account?
Ans. No, there is no minimum balance to be maintained in your Zerodha trading account .
5. Does Zerodha take monthly charges?
Ans. Yes, Zerodha charge Rs 300 per year Demat Account AMC(Annual maintenance charges) fees.
6. What is the Education of Nithin Kamath?
Ans. He earned a degree in Electronics Telecommunications from the Banglore Institute of Technology.