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Nithin Kamath, co-founder of Zerodha, shares his thoughts on succession planning after a health scare earlier this year.
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Kamath emphasizes the company’s collaborative decision-making process and collective leadership approach.
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Zerodha is preparing for a potential revenue drop due to new regulations and is focusing on long-term sustainability.
Nithin Kamath, co-founder of Zerodha, recently opened up about succession planning for his company. After a health scare earlier this year, Kamath spent time reflecting on whether to return to work or step back. Though he returned to work, succession planning isn’t currently a priority for him.
Kamath highlighted Zerodha’s collaborative approach to decision-making, emphasizing that the company’s future isn’t dependent on any one individual. He also stressed that the company is preparing for a potential revenue drop due to new regulations, but is focused on long-term sustainability.
Zerodha reported revenue of approximately ₹8,200 crore and net profit of around ₹4,500 crore in FY24. Despite anticipating a revenue drop, Kamath is confident in the company’s ability to adapt and thrive. He also ruled out any near-term plans for an IPO, citing uncertainty in revenue predictability.
