Groww vs Navia Markets Ltd – Compare Charges, Trading Features, Offers & more

Find a Comparison of Groww vs Navia Markets Ltd here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Groww and Navia Markets Ltd.

Background

Year of Incorporation 2017 1983 as Navia Markets Ltd.
Website https://groww.in/ https://navia.co.in/
Phone +91 9108800604 +91-7010075500
Exchanges enabled NSE, BSE, MCX & NCDEX NSE, BSE, MCX
Demat (NSDL/CDSL) NSDL NSDL
Brokerage

Equity Rs 20 or 0.05% per order 0.20% delivery and 0.04% intraday
Equity Futures Rs 20 per executed order 0.03% per executed order
Equity Options Rs 20 per executed order Rs 30 per lot
Currency Futures Not Available 0.03% per executed order
Currency Options Not Available Rs 20 per lot
Commodity Not Available Rs 30 per lot
Account Opening Costs

Trading only Free Free
Trading & Demat Rs. 0 Rs 300
Commodity Rs. 0 Free
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% 0.00325% of Turnover
Futures 0.0035% 0.00350% of Turnover
Options 0.07% 0.0750% on Premium Turnover
Commodities 0.004% 0.004% of Turnover
AMC charge Rs 0 Rs 300 per annum
DP Transaction Charge Rs.13.5 per Scrip Rs. 30 of turnover
Offline order placing Charge Rs 25 Rs 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 days 22 days
End of Day 10 days 10 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x on Delivery & upto 5x on Intraday Upto 3X
Equity Futures Upto 2x for intraday Upto 1X
Equity Options No leverage Upto 5X
Currency Futures Upto 2x for intraday Upto 3X
Currency Options No leverage Upto 3X
Commodity Upto 2x for intraday Upto 2X
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 70.6 crores Rs 10.07 Lakhs
Profit after Tax FY12/13 Rs 70.48 crores Rs 22.02 Lakhs
Profit after Tax FY13/14 Rs 73.78 Crore Rs 22.04 Lakh
Profit after Tax FY 14/15 Rs 75.92 Crore Rs 25.14 Lakh
Profit after Tax FY 15/16 Rs 82.85 Crore Rs 18.74 Lakh
Profit after Tax FY 16/17 Rs 90.11 Crore Rs 30.05 Lakh
Profit after Tax FY 17/18 Rs 106.09 Crore Rs 28.89 Lakh
Profit after Tax FY 18/19 Rs 115.68 Crore Rs 34.01 Lakh
Profit after Tax FY 19/20 Rs 120.61 Crore Rs 22.54 Lakh
Profit after Tax FY 20/21 Rs 141.70 Crore Rs 32.14 Lakh
Profit after Tax FY 21/22 Rs 244.93 Crore Rs 37.42 Lakh
Profit after Tax FY 22/23 Rs 205.65 Crore Rs 35.03 Lakh
Debt FY11/12 Rs 51 Crores Rs 2.31 Lakhs
Debt FY12/13 Rs 41.5 Crores Rs 3.89 Lakh
Debt FY13/14 Rs 42.93 Crores Rs 4.97 Lakh
Debt FY14/15 Rs 49.48 Crores Rs 5.75 Lakh
Debt FY15/16 Rs 41.73 Crores Rs 6.10 Lakh
Debt FY16/17 Rs 54.26 Crores Rs 7.73 Lakh
Debt FY17/18 Rs 69.77 Crores Rs 8.44 Lakh
Debt FY18/19 Rs 57.16 Crores Rs 8.44 Lakh
Debt FY19/20 Rs 51.39 Crores Rs 8.44 Lakh
Debt FY20/21 Rs 57.47 Crores Rs 10.65 Lakh
Debt FY21/22 Rs 77.59 Crores Rs 10.20 Lakh
Debt FY22/23 Rs 80.11 Crores Rs 11.92 Lakh
Profit to Equity(%) FY11/12 12.90% 0.96
Profit to Equity(%) FY12/13 12.38% 1.99
Profit to Equity(%) FY13/14 14.86% 1.59
Profit to Equity(%) FY14/15 17.05% 2.03
Profit to Equity(%) FY15/16 14.29% 2.03
Profit to Equity(%) FY16/17 19.11% 4.60
Profit to Equity(%) FY17/18 21.51% 5.44
Profit to Equity(%) FY18/19 18.17% 6.58
Profit to Equity(%) FY19/20 14.49% 7.32
Profit to Equity(%) FY20/21 18.46% 8.77
Profit to Equity(%) FY21/22 14.70% 9.21
Profit to Equity(%) FY22/23 25.75% 10.45
Balance Sheet Size FY11/12 Rs 2264 Crores Rs 26.93 Crores
Balance Sheet Size FY12/13 Rs 2596.15 Crores Rs 20.45 Crores
Balance Sheet Size FY13/14 Rs 2803.40 Crores Rs 22.08 Crores
Balance Sheet Size FY14/15 Rs 2936.36 Crores Rs 25.48 Crores
Balance Sheet Size FY15/16 Rs 3133.57 Crores Rs 29.85 Crores
Balance Sheet Size FY16/17 Rs 3544.52 Crores Rs 30.30 Crores
Balance Sheet Size FY17/18 Rs 3952.01 Crores Rs 39.44 Crores
Balance Sheet Size FY18/19 Rs 4280.32 Crores Rs 36.09 Crores
Balance Sheet Size FY19/20 Rs 4476 Crores Rs 36.09 Crores
Balance Sheet Size FY20/21 Rs 4627 Crores Rs 36.39 Crores
Balance Sheet Size FY21/22 Rs 5184.35 Crores Rs 36.39 Crores
Balance Sheet Size FY22/23 Rs 5994.78 Crores Rs 35.23 Crores

Comparison Link:

Compare Groww Compare Navia Markets Ltd
Groww Vs Punch Trade Navia Markets Ltd Vs Punch Trade
Groww Vs BlinkX Navia Markets Ltd Vs BlinkX
Groww Vs Lemonn Navia Markets Ltd Vs Lemonn
Groww Vs Mandot Securities Navia Markets Ltd Vs Mandot Securities
Groww Vs HDFC Sky Navia Markets Ltd Vs HDFC Sky
Groww Vs Dhan Navia Markets Ltd Vs Dhan
Groww Vs Goodwill Wealth Navia Markets Ltd Vs Goodwill Wealth
Groww Vs Shoonya by Finvasia Navia Markets Ltd Vs Shoonya by Finvasia
Groww Vs NJ Wealth Navia Markets Ltd Vs NJ Wealth
Groww Vs Paytm Money Navia Markets Ltd Vs Paytm Money
Groww Vs Globe Capital Navia Markets Ltd Vs Globe Capital
Groww Vs Finvasia Navia Markets Ltd Vs Finvasia
Groww Vs Cholamandalam Securities Navia Markets Ltd Vs Cholamandalam Securities
Groww Vs Canara Bank Navia Markets Ltd Vs Canara Bank
Groww Vs Axis Direct Navia Markets Ltd Vs Axis Direct
Groww Vs Alice Blue Navia Markets Ltd Vs Alice Blue
Groww Vs 5Paisa Navia Markets Ltd Vs 5Paisa
Groww Vs M.stock Navia Markets Ltd Vs M.stock
Groww Vs WisdomCapital Navia Markets Ltd Vs WisdomCapital
Groww Vs Way2wealth Navia Markets Ltd Vs Way2wealth
Groww Vs Ventura Securities Navia Markets Ltd Vs Ventura Securities
Groww Vs Tradejini Navia Markets Ltd Vs Tradejini
Groww Vs Tata Securities Navia Markets Ltd Vs Tata Securities
Groww Vs Swastika Investmart Navia Markets Ltd Vs Swastika Investmart
Groww Vs SMC Global Navia Markets Ltd Vs SMC Global
Groww Vs SBICAP Securities Navia Markets Ltd Vs SBICAP Securities
Groww Vs SASOnline Navia Markets Ltd Vs SASOnline
Groww Vs Samco securities Navia Markets Ltd Vs Samco securities
Groww Vs RK Global Navia Markets Ltd Vs RK Global
Groww Vs Reliance Securities Navia Markets Ltd Vs Reliance Securities
Groww Vs Nirmal Bang Navia Markets Ltd Vs Nirmal Bang
Groww Vs Master Trust Capital Navia Markets Ltd Vs Master Trust Capital
Groww Vs Kotak Securities Navia Markets Ltd Vs Kotak Securities
Groww Vs Interactive Brokers Navia Markets Ltd Vs Interactive Brokers
Groww Vs IIFL Securities Navia Markets Ltd Vs IIFL Securities
Groww Vs Dhani Navia Markets Ltd Vs Dhani
Groww Vs IDBI Capital Navia Markets Ltd Vs IDBI Capital
Groww Vs HDFC Securities Navia Markets Ltd Vs HDFC Securities
Groww Vs Geojit Navia Markets Ltd Vs Geojit
Groww Vs Fyers Securities Navia Markets Ltd Vs Fyers Securities
Groww Vs Edelweiss Capital Navia Markets Ltd Vs Edelweiss Capital
Groww Vs Easytradez Navia Markets Ltd Vs Easytradez
Groww Vs Rupeezy Navia Markets Ltd Vs Rupeezy
Groww Vs Anand Rathi Navia Markets Ltd Vs Anand Rathi
Groww Vs Aditya Birla Money Navia Markets Ltd Vs Aditya Birla Money
Groww Vs Achiievers Navia Markets Ltd Vs Achiievers
Groww Vs Angel One Navia Markets Ltd Vs Angel One
Groww Vs Motilal Oswal Navia Markets Ltd Vs Motilal Oswal
Groww Vs ICICI Direct Navia Markets Ltd Vs ICICI Direct
Groww Vs Sharekhan Navia Markets Ltd Vs Sharekhan
Groww Vs Tradesmart Online Navia Markets Ltd Vs Tradesmart Online
Groww Vs Upstox Navia Markets Ltd Vs Upstox
Groww Vs Zerodha Navia Markets Ltd Vs Zerodha

Frequently Asked Questions

Is Groww better than Navia Markets Ltd ?

Groww and Navia Markets Ltd are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Navia Markets Ltd better than Groww ?

Groww and Navia Markets Ltd are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Groww cheaper than Navia Markets Ltd ?

Groww and Navia Markets Ltd are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Navia Markets Ltd cheaper than Groww ?

Groww and Navia Markets Ltd are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Groww vs. Navia Markets Ltd ?

To find out the better of the two stockbrokers Groww and Navia Markets Ltd, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.