Zerodha Co-founder Nithin Kamath on Thursday tweeted, "Every time our financials are out, there is a lot of speculation about Zerodha's valuation...but most assumptions...are way higher than reality." He said, "If 10 to 15% is the long-term growth, we value ourselves in the range of 10 to 15 times our earnings (PAT)." He added, "So (the valuation is) ₹30,000 crore."