5PAISA
5Paisa Capital share price & financials
- Price
- ₹325.2
- Market cap
- ₹1.7k Cr
- Sector
- Financial Services
- Calls analysed
- 6
5Paisa Capital Limited Q1 FY27
What went well
- Total revenue grew 14% YoY to INR 88.4 crores, demonstrating strong operational performance.
- Customer base expanded to 52.6 lakh, with a focus on quality growth and wallet deepening.
- Average client funding book (MTF + T+5) increased 3% QoQ to INR 422 crore, indicating successful cross-selling.
What to watch
- Q1 experienced 'a little bit of moderation' and 'some slowness' due to market volatility, impacting overall growth compared to previous quarters.
- ADTO growth for F&O saw a slight dip, though cash side grew, indicating some segment-specific challenges.
What 5Paisa Capital Limited does
5Paisa Capital Limited runs a self-directed, technology-led stockbroking and fintech platform offering trading and investing in equities, futures & options, commodities, mutual funds, ETFs and IPOs, along with margin trading facility (MTF), research and financial-education services. It was demerged from IIFL Holdings and began operations as a discount brokerage. The company earns mainly through broking commissions and fees on trades placed via its own web, mobile-app, desktop (EXE) and API trading platforms, interest income on client margin funding (MTF), and allied/other income from depository and ancillary services. Client onboarding and servicing are run entirely through digital, paperless workflows rather than a branch or franchisee network.
Segments
- Broking
- Allied Income
- Other Income
- Registered customer base
- 51.8 lakh (~5.18 million) customers
- Mobile app installs
- 23.05 million+ app installs, 4.2-star rating on Play Store/App Store
- Trading platform suite
- Web, mobile app, desktop (EXE), FnO360, Xstream APIs, tv.paisa charting and algo marketplace
- Asset classes covered
- Equities, F&O, commodities, mutual funds, ETFs, IPOs, and international (US) stocks/ETFs
- Retail segment position
- Approximately 2% market share in both F&O (premium turnover) and cash segments
- Regulatory status
- Qualified Stockbroker under SEBI's stockbroker framework
Guidance record · Q1 FY27
what the last two calls moved 9 tracked 2 delivered 0 missed 7 open- Core System Re-platforming delayed said Q2 FY26 Promised: Conclude and finally do the transition sometime next quarter (Q3 FY26) Q1 FY27: Management stated that a 'completely revamped product' is their 'biggest bet' and is currently happening, with encouraging beta results. This confirms the work is still ongoing, well past the original Q3 FY26 target.
- Product/Tech Upgrade Cycle on track said Q1 FY26 Promised: Completion in next few quarters Q1 FY27: Management highlighted a 'completely revamped product' and numerous new features (AI insights, AlgoSpace, OneClick execution) as key ongoing initiatives, confirming continued progress on the upgrade cycle.
All 9 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 12.8%, net profit up 0.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 101 | 85 | 71 | 78 | 77 −24% | 79 −7% | 85 +20% | 88 +13% |
| EBITDA | 38 | 30 | 21 | 25 | 23 −39% | 27 −10% | 26 +24% | 26 +4% |
| Net profit | 22 | 16 | 10 | 12 | 9 −59% | 12 −25% | 11 +10% | 12 +0% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −11.6% 1Y
1Y: ₹369.5 on 10 Sept 2025 → ₹326.55. High ₹405.6 (19 Aug 2026), low ₹249.1 (30 Mar 2026).
How the price took the results
close before → close after
- Q1 FY27
- −5.1%
- 17 Jul
- Q4 FY26
- +0.3%
- 4 May
- Q3 FY26
- +7.2%
- 14 Jan
- Q2 FY26
- −4.8%
- 10 Oct
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue fell 2.0% a year over 3 years, FY23 to FY26. Operating margin widened to 31.7%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹339 Cr | ₹395 Cr | ₹359 Cr | ₹319 Cr |
| Operating profit | ₹86 Cr | ₹111 Cr | ₹126 Cr | ₹101 Cr |
| Operating margin | 25.4% | 28.1% | 35.1% | 31.7% |
| Interest | ₹21 Cr | ₹28 Cr | ₹23 Cr | ₹32 Cr |
| Depreciation | ₹8 Cr | ₹9 Cr | ₹12 Cr | ₹8 Cr |
| Net profit | ₹43 Cr | ₹55 Cr | ₹68 Cr | ₹44 Cr |
| Net margin | 12.6% | 13.9% | 18.9% | 13.8% |
| ROCE | 12.0% | 13.0% | 14.0% | 10.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹26 Cr | ₹29 Cr | ₹31 Cr | ₹31 Cr | ₹31 Cr | ₹31 Cr |
| Reserves | ₹131 Cr | ₹345 Cr | ₹433 Cr | ₹509 Cr | ₹596 Cr | ₹618 Cr |
| Borrowings | ₹234 Cr | ₹279 Cr | ₹169 Cr | ₹336 Cr | ₹291 Cr | ₹379 Cr |
| Other liabilities | ₹477 Cr | ₹956 Cr | ₹1.0k Cr | ₹1.2k Cr | ₹835 Cr | ₹879 Cr |
| Total liabilities | ₹867 Cr | ₹1.6k Cr | ₹1.6k Cr | ₹2.0k Cr | ₹1.8k Cr | ₹1.9k Cr |
| Fixed assets | ₹8 Cr | ₹11 Cr | ₹16 Cr | ₹24 Cr | ₹17 Cr | ₹18 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹9 Cr | ₹14 Cr | ₹8 Cr | ₹2 Cr | ₹4 Cr | ₹2 Cr |
| Other assets | ₹851 Cr | ₹1.6k Cr | ₹1.6k Cr | ₹2.0k Cr | ₹1.7k Cr | ₹1.9k Cr |
| Total assets | ₹867 Cr | ₹1.6k Cr | ₹1.6k Cr | ₹2.0k Cr | ₹1.8k Cr | ₹1.9k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
All earnings calls (5)
Read the Q1 FY27 call →Learn to analyse 5Paisa Capital Limited
Guides on how to read this kind of business and the numbers that matter.