5paisa Capital (5PAISA) investor relations material

Executive summary

• Q4 FY2026 saw volatile capital markets due to geopolitical tensions, rising crude prices, inflation, and currency depreciation, but domestic retail participation remained resilient.

• Customer base reached 5.18 million, with 103,000 new clients acquired in Q4FY26, up 32% quarter-over-quarter; focus on high-quality acquisition, organic growth, and product innovation.

• Revenue for Q4FY26 was ₹855 million, an 8% increase quarter-over-quarter; profit after tax was ₹108 million, down 12% sequentially.

• Enhanced product suite, digital onboarding, and AI-driven customer experience contributed to growth and platform stability.

• Audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, were approved, with unmodified opinions from statutory auditors.

Financial highlights

• Broking revenue rose to ₹419 million in Q4FY26, up 13% quarter-over-quarter; total revenue reached ₹855 million, an 8% increase quarter-on-quarter.

• EBITDA for Q4FY26 was ₹167 million, down 17% sequentially; EBITDA margin at 20%.

• PAT for Q4FY26 was ₹108 million, a 12% decline quarter-over-quarter; PAT margin at 13%.

• FY26 total income from operations was ₹3,199 million, down 11% year-over-year; PAT for FY26 was ₹442 million, down 35%.

• Standalone EPS for FY26 was ₹14.14, down from ₹21.82 in FY25.

Outlook and guidance

• Rights issue of 1,56,27,419 equity shares at ₹300 per share raised ₹468.82 crore, increasing paid-up capital and supporting higher trading volumes, MTF book expansion, and tech investment.

• Continued focus on innovation, technology upgrades, and AI-driven customer experience enhancements.

• Industry trends show continued growth in demat accounts and derivative turnover, though active NSE clients declined in FY26.

• Regulatory changes and market corrections impacted turnover but recent months saw a rebound in activity.