Brokerage Calculator (Equity Delivery & Intraday)
Estimate your net profit or loss after brokerage, STT, exchange charges, GST, SEBI and stamp duty on an equity trade.
Based on a discount-broker model (₹20 or 0.03% per order for intraday, ₹0 brokerage for delivery). Charges are indicative.
What Is a Brokerage Calculator?
A Brokerage Calculator estimates your real profit or loss on an Indian equity trade after every charge is deducted. The price you see on screen is only the gross figure. Once you place an order, several statutory and broker charges apply, including brokerage, Securities Transaction Tax, GST, stamp duty, exchange transaction charges and SEBI fees. These small percentages add up and can quietly eat into a thin margin.
This tool follows the discount broker model that most Indian retail traders use today. You enter your buy price, sell price, quantity and whether the trade is delivery or intraday, and it returns the total charges and your net profit in rupees. The figures are indicative because exact rates vary slightly by broker and exchange.
How Charges Are Calculated
The calculator adds up each charge based on standard discount broker rates:
- Brokerage: ₹0 for delivery, and the lower of 0.03 percent of turnover or ₹20 per order for intraday
- STT: 0.1 percent on both buy and sell for delivery, or 0.025 percent on the sell side for intraday
- Exchange transaction charge: about 0.00297 percent of turnover
- SEBI charges: about ₹10 per crore of turnover
- Stamp duty: 0.015 percent on buy for delivery, or 0.003 percent on buy for intraday
- GST: 18 percent on brokerage plus transaction plus SEBI charges
Net profit equals gross profit minus the total of all these charges.
Worked Example
Suppose you buy 100 shares at ₹100 and sell all 100 at ₹110 as a delivery trade. Your gross profit is 100 x (₹110 minus ₹100) = ₹1,000. Brokerage is zero for delivery, but STT, exchange charges, SEBI fees, stamp duty and GST together come to roughly ₹23. So your net profit is about ₹977. The charges are small here, but on lower margin or higher frequency trades they matter a great deal.
Why Knowing Net P&L Matters
Many new traders look only at the gap between buy and sell price and forget the charges. For intraday trading, where margins per trade are thin and volume is high, total charges can turn an apparent profit into a loss. Always estimate your break-even move before placing a trade so you know how far the price must travel just to cover costs. Treat these numbers as indicative and confirm exact rates with your own broker contract note.
Frequently Asked Questions
With most discount brokers, yes, equity delivery brokerage is ₹0. Other charges such as STT, stamp duty, exchange fees, SEBI charges and GST still apply, so the trade is never completely free.
STT is the Securities Transaction Tax. For delivery it is 0.1 percent on both buy and sell, while for intraday it is 0.025 percent charged only on the sell side.
GST is charged at 18 percent, but only on the brokerage plus exchange transaction charge plus SEBI charges. It is not applied to STT or stamp duty.
Discount brokers charge the lower of 0.03 percent of turnover or ₹20 per order for intraday. On large orders the ₹20 cap keeps the cost flat instead of rising with turnover.
They are indicative. Exact rates differ slightly between brokers and change when the government revises STT, stamp duty or exchange fees. Always check your contract note for the final figures.
It is the price change needed just to cover all charges before any profit. Estimating it helps you avoid trades where the expected move is too small to beat the costs.