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Waterways Leisure Tourism Limited (CORDELIA) - MTF Margin Comparison

Exchange: NSE · Available on 6 brokers · Updated daily

Best MTF Rate: 26.71% on Zerodha(3.7x leverage)

Waterways Leisure Tourism Limited results, Q4 FY25

Quarter ended 2025-03-31

Showing Q4 FY25. Q1 FY27 results were due by now and are not in our data yet, so this is the latest quarter we can show rather than the latest that exists.

CORDELIA reported revenue of Rs 181 crore in Q4 FY25. Net profit was Rs 29 crore. EBITDA margin stood at 41.4%.

MetricQ4 FY25QoQYoYYear ago
Revenue180.60 Cr---
EBITDA74.71 Cr---
EBITDA margin41.4%---
Net profit28.93 Cr---
EPS----

Figures in rupees crore, as reported. EBITDA margin is derived from the reported EBITDA and revenue. A dash means the figure was not published for that period, never zero.

Fundamentals Snapshot

Fundamentals updated 18 AugSmall Cap
CMP
₹830
PE
149.0
ROE
92.3%
ROCE
64.0%
Mkt Cap
₹5,989 Cr

Fundamentals from the Downstox Value Screener (3,124-stock screener universe, updated daily). Not investment advice.

MTF Margin Comparison - CORDELIA

Upstox
35.00%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
BEST
Zerodha
26.71%
Margin Required
Leverage3.7x
You Pay2,671
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
26.80%
Margin Required
Leverage3.7x
You Pay2,680
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
Kotak Neo
100.00%
Margin Required
Leverage1.0x
You Pay10,000
You Get₹10,000
Interest9.69% p.a.
Max HoldUnlimited
Paytm Money
40.00%
Margin Required
Leverage2.5x
You Pay4,000
You Get₹10,000
Interest7.99% p.a.
Max HoldUnlimited
Fyers
27.03%
Margin Required
Leverage3.7x
You Pay2,703
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

Waterways Leisure Tourism Limited - Complete Broker Comparison

ParameterUpstoxZerodhaGrowwKotak NeoPaytm MoneyFyers
MTF Margin35.00%26.71%26.80%100.00%40.00%27.03%
Leverage2.9x3.7x3.7x1.0x2.5x3.7x
You Pay (per ₹1L)35,00026,71026,8001,00,00040,00027,030
Broker Funds (per ₹1L)65,00073,29073,200060,00072,970
Interest Rate (p.a.)18.25%14.6%14.95%9.69%7.99%12.49%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day₹41 per lakh/day~₹27 per lakh/dayslab-based~₹27 per lakh/day
BrokerageRs 20/day per Rs 40,0000.3% or Rs. 300 per Rs. 40,0000.1% per order₹10 per order₹20 or 2.5% of trade value (whichever is lower)Rs 20/day per Rs 40,000
Pledge Charges0.01% p.a.Payment gateway charges ₹9 + GST₹20 per order₹20 + GST per ISIN₹20/- per Transaction (including ₹5 CDSL charges)NA
Max Holding PeriodUnlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limitNo published limitNo published limitNo published limitNo published limit
Auto Square-OffAuto square-off if margin shortfall not met by T+4Auto square-off if margin falls below minimumAuto-liquidation if margin falls below requirementAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfall

Zerodha offers the best margin of 26.71% for CORDELIA, while Kotak Neo requires 100.00% - a difference of 73.29 percentage points. With Zerodha you put up ₹73,290 less upfront per ₹1 lakh of position - and borrow that much more, on which daily MTF interest accrues.

CORDELIA MTF Interest Cost Calculator (per ₹1 Lakh Investment)

Upstox
Your capital35,000
Broker funds65,000
Daily interest33
30-day cost975
Annual cost11,863
Zerodha
Your capital26,710
Broker funds73,290
Daily interest29
30-day cost879
Annual cost10,700
Groww
Your capital26,800
Broker funds73,200
Daily interest30
30-day cost899
Annual cost10,943
Kotak Neo
Your capital1,00,000
Broker funds0
Daily interest0
30-day cost0
Annual cost0
Paytm Money
Your capital40,000
Broker funds60,000
Daily interest13
30-day cost394
Annual cost4,794
Fyers
Your capital27,030
Broker funds72,970
Daily interest25
30-day cost749
Annual cost9,114

* Interest calculated on broker-funded amount only. Actual cost depends on daily closing balance. Rates may vary - verify with your broker.

How Much Can You Invest in CORDELIA with MTF?

If you invest
10,000
Stock value you hold37,439
Zerodha funds27,439
Margin used26.71%
If you invest
50,000
Stock value you hold1,87,196
Zerodha funds1,37,196
Margin used26.71%
If you invest
1,00,000
Stock value you hold3,74,392
Zerodha funds2,74,392
Margin used26.71%

Frequently Asked Questions - CORDELIA MTF

What is the MTF margin for CORDELIA?

Upstox: 35.00%, Zerodha: 26.71%, Groww: 26.80%, Kotak Neo: 100.00%, Paytm Money: 40.00%, Fyers: 27.03%. The lowest margin is 26.71% on Zerodha, meaning you only need to pay ₹2671 to buy ₹10,000 worth of Waterways Leisure Tourism Limited shares.

Which broker is cheapest for CORDELIA MTF?

For margin percentage, Zerodha offers the lowest at 26.71% (3.7x leverage). However, for interest cost, Dhan starts at 12.49% p.a., Zerodha charges ~14.6% p.a., Groww charges 14.95% p.a., and Upstox charges ~18.25% p.a. The total cost depends on both margin percentage and interest rate - compare both before choosing.

What interest rate do brokers charge on CORDELIA MTF?

Dhan: 12.49% p.a. (lowest, tiered up to 16.49%). Zerodha: ~14.6% p.a. (₹40 per lakh/day). Groww: 14.95% p.a. (₹41 per lakh/day). Upstox: ~18.25% p.a. (₹20 per ₹40K slab/day). Interest accrues from T+1 on the broker-funded amount until you sell.

Can I buy CORDELIA on margin?

Yes, Waterways Leisure Tourism Limited (CORDELIA) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Groww, Kotak Neo, Paytm Money, Fyers. MTF allows you to buy shares by paying only a fraction of the total value. The broker funds the rest and charges daily interest on the funded amount.

How long can I hold CORDELIA on MTF?

Upstox: maximum 365 days. Zerodha, Groww, and Dhan: unlimited holding period as long as you maintain the required margins daily. If your margin falls below the minimum, the broker will auto-liquidate your position.

What are the pledge charges for CORDELIA?

Upstox: ₹20 per stock (one-time). Zerodha: ₹15 + GST per ISIN. Dhan: ₹30 + GST per ISIN. Groww: auto-pledged (included in the process). Pledge charges are per ISIN, not per trade - you pay once regardless of quantity.

What happens if margin falls below minimum for CORDELIA?

All brokers will auto-liquidate your MTF position if margin maintenance is not met. Upstox gives until T+4 to top up. Zerodha and Groww require same-day/next-day top-up. Dhan auto-liquidates if coverage falls below 20%. Always maintain adequate margins to avoid forced sell-off.

What is the maximum borrowing limit for CORDELIA MTF?

Dhan: up to ₹1 crore total (₹20 lakh per stock). Upstox: up to ₹25 lakh total. Zerodha and Groww: no published maximum limit. Actual leverage depends on the stock's margin requirement set by the exchange.

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About Waterways Leisure Tourism Limited (CORDELIA) Margin Trading

Waterways Leisure Tourism Limited (CORDELIA) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 6 major Indian brokers: Upstox, Zerodha, Groww, Kotak Neo, Paytm Money, Fyers. MTF allows you to buy CORDELIA shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Zerodha offers the best MTF margin of 26.71% for CORDELIA. This means you can buy ₹1,00,000 worth of Waterways Leisure Tourism Limited shares by paying just ₹26,710, with Zerodha funding the remaining ₹73,290.

MTF Interest Rates for CORDELIA - Broker Comparison

The cost of holding CORDELIA on MTF depends primarily on the interest rate charged by your broker on the funded amount. Dhan offers the lowest starting rate at 12.49% p.a. (₹34.2 per lakh/day), followed by Zerodha at ~14.6% p.a., Groww at 14.95% p.a., and Upstox at ~18.25% p.a.

When choosing a broker for CORDELIA MTF, consider both the margin percentage (which determines how much capital you need) and the interest rate (which determines your holding cost). A broker with a slightly higher margin but lower interest rate may be cheaper overall for longer holding periods.

Holding Period & Square-Off Rules

Upstox allows holding CORDELIA on MTF for up to 365 days. Zerodha, Groww, and Dhan offer unlimited holding as long as you maintain the required margins daily. If your margin falls below the minimum, all brokers will automatically square off your position. Upstox gives a buffer until T+4, while Dhan auto-liquidates when coverage falls below 20%.

Pledge & Brokerage Charges

MTF trades are settled via pledge mechanism - your shares are pledged to the broker as collateral. Pledge charges: Upstox ₹20/stock, Zerodha ₹15+GST/ISIN, Dhan ₹30+GST/ISIN, Groww auto-pledges at no extra charge. Brokerage: Zerodha charges 0.3% or ₹20 (whichever is lower), Upstox 0.1% or ₹20, Groww and Dhan charge ₹20 flat per order.

Looking for more stocks? Browse our complete MTF stocks directory with 1920+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade CORDELIA directly through our Scalper Terminal.