Here is a segment-wise breakup of India’s leading equity brokerage houses.
The revenue streams of equity broking firms are undergoing changes, against the background of growing business opportunities and diversified financial services. The major sources of revenue from major players are tabulated below.
Equity Trading:
Brics Securities 85%
Ashika Stock Broking 85%
Motilal Oswal 80%
Arihant Capital Markets 79%
Dalal & Broacha 70%
A F N Langrana Shares 70%
K R Choksey 70%
Zen Securities 65%
Indiabulls 60%
Derivatives Trading:
India Advantage Securities 87%
Crimson Financial 80%
Dolat Capital 60%
Kantilal Chhaganlal 59%
Kunvarji Finstock 59%
R Wadiwala 43%
Angel Broking 43%
Margin Financing
Anand Rathi 8%
Indiabulls 7%
Reliance Money 6%
K R Choksey 4%
Motilal Oswal 3%
E-Broking – Online Trading Marketshare in India
Indiabulls Securities Limited 451,611 clients.
Reliance Money Limited 215678
Motilal Oswal Securities Limited 19065
Unicon Financial Intermediaries Private Limited 13787
Angel Broking Limited 11828
Asit C Mehta Investment Intermediates Limited 9748
SMC Global Securities Limited 7704
Anand Rathi Securities Limited 6793
Doha Brokerage & Financial services Limited 6400
Networth Stock Broking Limited 6120
Bonanza Portfolio Limited 2977
Arihant Capital Markets Limited 2726
Mansukh Securities & Finance Limited 2500
Emkay Share & Stock Brokers Limited 2147
SKI Capital Services Limited 2000
Alankit Assignments Limited 2000