NRAIL (NRAIL) - MTF Margin Comparison

Exchange: NSE · Available on 1 brokers · Updated daily

Best MTF Rate: 36.96% on Share India(2.7x leverage)

NRAIL results, Q4 FY26

Quarter ended 2026-03-31

Showing Q4 FY26. 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.

NRAIL reported revenue of Rs 605 crore in Q4 FY26, which rose 30.0% from the same quarter a year earlier. Net profit was Rs 14 crore, rose 308.2% year on year. EBITDA margin stood at 9.4%.

Metric	Q4 FY26	QoQ	YoY	Year ago
Revenue	605.39 Cr	+7.5%	+30.0%	465.74
EBITDA	57.01 Cr	-4.4%	+98.1%	28.79
EBITDA margin	9.4%	-11.3%	+51.6%	6.2%
Net profit	14.20 Cr	-1.6%	+308.2%	-6.82
EPS	8.34	-1.7%	+308.0%	-4.01

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

₹504

13.0

ROE

6.0%

ROCE

8.5%

Div Yield

0.40%

P/B

1.05

Mkt Cap

₹855 Cr

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

MTF Margin Comparison - NRAIL

BEST

Share India

36.96%

Margin Required

Leverage2.7x

You Pay₹3,696

You Get₹10,000

Interest9.99% p.a.

Max HoldUnlimited

NRAIL - Complete Broker Comparison

Parameter	Share India
MTF Margin	36.96%
Leverage	2.7x
You Pay (per ₹1L)	₹36,960
Broker Funds (per ₹1L)	₹63,040
Interest Rate (p.a.)	9.99%
Daily Interest Cost	see broker
Brokerage	₹0
Pledge Charges	20% upfront margin of the transaction value
Max Holding Period	Unlimited (maintain margins)
Max Borrowing Limit	No published limit
Auto Square-Off	Auto square-off on margin shortfall

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

Share India

Your capital₹36,960

Broker funds₹63,040

Daily interest₹17

30-day cost₹518

Annual cost₹6,298

* 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 NRAIL with MTF?

If you invest

₹10,000

Stock value you hold₹27,056

Share India funds₹17,056

Margin used36.96%

If you invest

₹50,000

Stock value you hold₹1,35,281

Share India funds₹85,281

Margin used36.96%

If you invest

₹1,00,000

Stock value you hold₹2,70,563

Share India funds₹1,70,563

Margin used36.96%

Frequently Asked Questions - NRAIL MTF

What is the MTF margin for NRAIL?

Share India: 36.96%. The lowest margin is 36.96% on Share India, meaning you only need to pay ₹3696 to buy ₹10,000 worth of NRAIL shares.

Which broker is cheapest for NRAIL MTF?

For margin percentage, Share India offers the lowest at 36.96% (2.7x 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 NRAIL 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 NRAIL on margin?

Yes, NRAIL (NRAIL) is available for Margin Trading Facility (MTF) on Share India. 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 NRAIL 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 NRAIL?

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 NRAIL?

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 NRAIL 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 NRAIL (NRAIL) Margin Trading

NRAIL (NRAIL) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 1 major Indian brokers: Share India. MTF allows you to buy NRAIL shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Share India offers the best MTF margin of 36.96% for NRAIL. This means you can buy ₹1,00,000 worth of NRAIL shares by paying just ₹36,960, with Share India funding the remaining ₹63,040.

MTF Interest Rates for NRAIL - Broker Comparison

The cost of holding NRAIL 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 NRAIL 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 NRAIL 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 NRAIL directly through our Scalper Terminal.