5paisa Capital (5PAISA) Q4 16/17 earnings summary

Executive summary

• FY17 revenue was ₹74.67 million versus negative ₹12.18 million in FY16, while net loss widened to ₹104.45 million from ₹54.98 million.

• Growth initiatives centered on online and mobile trading, digital customer acquisition, financial-product distribution and Robo Advisory.

Financial highlights

• Revenue from operations: ₹74.67 million in FY17 versus negative ₹12.18 million in FY16; PBT was a loss of ₹151.36 million versus ₹76.99 million.

• Net loss was ₹104.45 million versus ₹54.98 million; reported basic and diluted EPS were both negative ₹9.86 versus negative ₹18.03.

• Other expenses rose to ₹134.43 million from ₹25.01 million; directors attributed higher expenses to expansion, online marketing, branding and IT investment.

• Cash and bank balances reached ₹811.23 million, including ₹55 million in deposits pledged for bank guarantees and exchange margin or capital requirements.

Outlook and guidance

• Directors expressed confidence in significant business growth, citing financial-services expansion and increased investment flows into capital markets.

• Strategic focus: mobile and online DIY trading plus a wider range of products, including mutual funds, REITs and bonds.