5paisa Capital Limited reported a significant quarter-on-quarter (QoQ) increase in its consolidated net profit for the first quarter of fiscal year 2026, rising 14.7% to ₹11.55 crore for the period ended June 30, 2025. The company's consolidated revenue from operations also saw a healthy QoQ growth of 9.0% to ₹77.69 crore. The board of directors, in its meeting held on July 8, 2025, approved these unaudited financial results and also announced key personnel changes.
| Metric | Q1 FY26 | Q1 FY25 | YoY Change | Q4 FY25 | QoQ Change |
|---|---|---|---|---|---|
| Net Profit | 11.55 | 20.09 | -42.51% | 10.07 | +14.70% |
| Revenue from Operations | 77.69 | 102.24 | -24.01% | 71.27 | +9.01% |
| Total Income | 77.77 | 102.28 | -23.96% | 71.41 | +8.91% |
| Total Expenses | 62.28 | 75.39 | -17.39% | 57.94 | +7.50% |
| Basic EPS (₹) | 3.70 | 6.43 | -42.46% | 3.22 | +14.91% |
| Metric | Q1 FY26 | Q1 FY25 | YoY Change | Q4 FY25 | QoQ Change |
|---|---|---|---|---|---|
| Net Profit | 11.52 | 20.07 | -42.50% | 10.04 | +14.74% |
| Revenue from Operations | 77.69 | 102.24 | -24.01% | 71.27 | +9.01% |
| Total Income | 77.72 | 102.24 | -23.98% | 71.35 | +8.93% |
| Total Expenses | 62.25 | 75.37 | -17.41% | 57.91 | +7.49% |
| Basic EPS (₹) | 3.69 | 6.42 | -42.52% | 3.22 | +14.60% |
Financial Performance
For the quarter ended June 30, 2025 (Q1 FY26), 5paisa Capital Limited demonstrated robust sequential growth in its financial performance. The consolidated net profit stood at ₹11.55 crore, marking a 14.70% increase from ₹10.07 crore reported in the preceding quarter (Q4 FY25). Consolidated revenue from operations also improved sequentially, reaching ₹77.69 crore, up 9.01% from ₹71.27 crore in Q4 FY25.
However, on a year-on-year (YoY) basis, the company's performance saw a decline. Consolidated net profit decreased by 42.51% from ₹20.09 crore in Q1 FY25, and consolidated revenue from operations fell by 24.01% from ₹102.24 crore in the same period last year. Total consolidated income for Q1 FY26 was ₹77.77 crore, a 23.96% decrease YoY but an 8.91% increase QoQ. Consolidated total expenses for the quarter were ₹62.28 crore, down 17.39% YoY but up 7.50% QoQ.
The basic Earnings Per Share (EPS) on a consolidated basis for Q1 FY26 was ₹3.70, showing a 14.91% QoQ improvement from ₹3.22 in Q4 FY25, but a 42.46% YoY decline from ₹6.43 in Q1 FY25.
Standalone Performance
The standalone financial results largely mirrored the consolidated performance. The standalone net profit for Q1 FY26 was ₹11.52 crore, a 14.74% increase from ₹10.04 crore in Q4 FY25. Standalone revenue from operations was ₹77.69 crore, up 9.01% QoQ from ₹71.27 crore. Similar to consolidated figures, standalone net profit and revenue from operations experienced YoY declines of 42.50% and 24.01% respectively.
Standalone total income for the quarter was ₹77.72 crore, while total expenses amounted to ₹62.25 crore. Standalone basic EPS for Q1 FY26 was ₹3.69, reflecting a 14.60% QoQ growth but a 42.52% YoY decrease.
Operational Highlights
The company's revenue from operations is primarily driven by fees and commission income, which stood at ₹77.69 crore for both standalone and consolidated results in Q1 FY26. Interest income contributed ₹3.33 crore to the consolidated revenue and ₹3.33 crore to the standalone revenue for the quarter. The company's business model focuses on stock broking and distribution of financial products, primarily through internet and mobile applications, indicating no separate reportable segments as per Indian Accounting Standard 108 (Ind AS) on 'Operating Segment'.
Key Board Decisions
In addition to approving the financial results, the Board of Directors also addressed key organizational changes:
- Resignation: Mrs. Namita Godbole, Company Secretary and Chief Compliance Officer, tendered her resignation, effective from the closure of business hours on Friday, July 11, 2025.
- Appointment: Dr. Sarat Kumar Malik (DIN: 09791314) has been appointed as an Additional Non-Executive Independent Director of the Company, effective July 08, 2025. This appointment is subject to the approval of the shareholders at the ensuing general meeting.
Audit Commentary and Other Notes
The unaudited financial results for the quarter ended June 30, 2025, have been reviewed by the Audit Committee and approved by the Board of Directors. The statutory auditors have conducted a limited review and issued an unmodified report. A significant note highlighted by the auditors pertains to a search conducted by Income-Tax authorities at the company's premises in January 2025. As of the date of the report, the company has not received any formal communication from the department regarding the outcome of the search, and therefore, any consequent impact on the financial results is not ascertainable at this stage.
The company's consolidated results include the performance of its four wholly-owned subsidiaries: 5paisa P2P Limited, 5paisa Corporate Services Ltd, 5paisa Trading Limited, and 5paisa International Securities (IFSC) Limited.
