5paisa Capital Ltd — Q4 FY26 earnings call
Summary generated by AI from the official transcript 5paisa Capital Ltd filed with BSE on 08 May 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries
The short read
5paisa Capital reported Q4 FY26 total revenue of Rs 85.5 crore, up 8% quarter-on-quarter, with broking revenue at Rs 41.8 crore and allied income at Rs 20.7 crore. Profit after tax was Rs 44.3 crore, and the company completed an oversubscribed rights issue raising Rs 468 crore, taking net worth to over Rs 1,100 crore. Management also detailed customer acquisition of over one lakh customers in the quarter and product and technology updates across trading, investing, and AI-linked tools.
1 statement from this call is not shown because its supporting quote could not be reproduced within our quoting limits. Nothing shown here is affected: every statement on this page carries its verified quote.
Numbers mentioned
Total revenue: INR 85.5 crore (Q4 FY26)
p. 4
“And total revenue for the quarter was INR 85.5 crore, again, 8% increase Q-o-Q.”
Gaurav Seth, page 4 of the filed PDF · View the filing
Broking revenue: INR 41.8 crore (Q4 FY26)
p. 4
“On our financial side, our broking revenue grew to INR 41.8 crore in the quarter, which is a 13% increase related to previous quarter.”
Gaurav Seth, page 4 of the filed PDF · View the filing
Allied income: INR 20.7 crore (Q4 FY26)
p. 4
“Aligned income was up INR 20.7 crore, which is up 5% increase Q-o-Q.”
Gaurav Seth, page 4 of the filed PDF · View the filing
Profit after tax: INR 44.3 crore (Q4 FY26)
p. 4
“And for this quarter, profit after tax back was INR 44.3 crore, and our network stood at INR 650 crores as of March 31st, 2026.”
Gaurav Seth, page 4 of the filed PDF · View the filing
Net worth: INR 650 crores (as of March 31, 2026)
p. 4
“And for this quarter, profit after tax back was INR 44.3 crore, and our network stood at INR 650 crores as of March 31st, 2026.”
Gaurav Seth, page 4 of the filed PDF · View the filing
Total customer base: 51.8 lakh
p. 3
“Our total customer base reached 51.8 lakh, and in Q4, our F & O premium growth grew to INR 1,336 crores, which is an increase of 22% QoQ.”
Gaurav Seth, page 3 of the filed PDF · View the filing
F&O premium growth: INR 1,336 crores (Q4 FY26)
p. 3
“Our total customer base reached 51.8 lakh, and in Q4, our F & O premium growth grew to INR 1,336 crores, which is an increase of 22% QoQ.”
Gaurav Seth, page 3 of the filed PDF · View the filing
Average client funding book: INR 410 crores (Q4 FY26)
p. 3
“Our average client funding book, which includes the regular T+5 margin book plus MTF, totaled up to INR 410 crores, which was, again, an increase of 8% QoQ.”
Gaurav Seth, page 3 of the filed PDF · View the filing
Mutual fund AUM: INR 1,761 crores (Q4 FY26)
p. 4
“Our MF stood at INR 1,761 crores, which is again a 6% decrease from a QoQ perspective and some part mark-to-market impacted this number because of that overall market went down which impacted the AUM.”
Gaurav Seth, page 4 of the filed PDF · View the filing
Rights issue proceeds: INR 468 crores
p. 4
“So, we successfully completed our rights issue, which was oversubscribed, and amount of money raised was INR 468 crores.”
Gaurav Seth, page 4 of the filed PDF · View the filing
Net worth post rights issue: more than INR 1,100 crores
p. 4
“And our networth increased to more than INR 1,100 crores which is strengthening of our balance sheet.”
Gaurav Seth, page 4 of the filed PDF · View the filing
Market share: approximately 2%
p. 7
“Market share, we have approximately 2% market share on, both F & O and cash.”
Gaurav Seth, page 7 of the filed PDF · View the filing
Exchange retail F&O premium average daily turnover: INR 78,000 crore (quarter)
p. 3
“Exchange retail, F & O, premium average daily turnover grew 22% QoQ to INR 78,000 crore.”
Gaurav Seth, page 3 of the filed PDF · View the filing
Exchange retail cash ADTO: INR 43,974 crores (quarter)
p. 3
“While exchange retail cash, ADTO grew 10% QoQ to INR 43,974 corers.”
Gaurav Seth, page 3 of the filed PDF · View the filing
Demat account additions: 8.5 million (quarter)
p. 3
“So that moderated with Demat account additions slowing down to about 8.5 million in this quarter which if you compare with previous quarter, was down about 3%.”
Gaurav Seth, page 3 of the filed PDF · View the filing
What management said it would do
A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.
Margin extended to clients — 1.5x from existing capacity
stated firmly by Gourav Munjal
p. 6
“We have increased our margin, as per our prospectus. And right now, our margin has been increased to a 1.5 x from our existing capacity.”
Gourav Munjal, page 6 of the filed PDF · View the filing
Deployment of rights issue capital — support higher trading volumes, grow MTF book, core business expansion via marketing, brand development, product, tech and AI investment
stated firmly by Gaurav Seth
p. 5
“So those are the three major areas that we look we are looking to deploy capital.”
Gaurav Seth, page 5 of the filed PDF · View the filing
Q&A highlights
Management's answers to analyst questions, in Parakho's words rather than a transcript. Each row names who answered and carries the verbatim quote it was drawn from.
Management said the capital will support higher trading volumes and margin requirements, grow the MTF book, and fund core business expansion including marketing and product/tech/AI investment.
Answered by Gaurav Seth
Asked by Harshit Singhania: How is the company utilizing the funds raised through the rights issue?
p. 5
“So those are the three major areas that we look we are looking to deploy capital.”
Gaurav Seth, page 5 of the filed PDF · View the filing
Management confirmed margin capacity has already been increased using the funds.
Answered by Gourav Munjal
Asked by Harshit Singhania: Has any part of the rights issue funds already been utilized?
p. 6
“We have increased our margin, as per our prospectus. And right now, our margin has been increased to a 1.5 x from our existing capacity.”
Gourav Munjal, page 6 of the filed PDF · View the filing
Management described a strategy focused on deepening the trading stack for active/pro traders and growing investing products like MTF, ETFs and mutual funds for long-term wealth-focused customers, and stated market share of about 2% in both F&O and cash.
Answered by Gaurav Seth
Asked by Sudhanshu Yadav: What is the company's customer acquisition strategy and market share in F&O and cash?
p. 7
“Market share, we have approximately 2% market share on, both F & O and cash.”
Gaurav Seth, page 7 of the filed PDF · View the filing
Risks flagged
Capital market volatility from geopolitical developments and macroeconomic uncertainty
p. 3
“The capital markets generally have been quite volatile as all of us know in the past couple months, specifically going to the geopolitical developments including the Iran war, and the macroeconomic uncertainty as well.”
Gaurav Seth, page 3 of the filed PDF · View the filing
Rising crude oil prices and inflationary pressure weakening the rupee
p. 3
“In general, Brent crude prices crossed USD 100 per barrel. Where I believe it's probably even more than that as we speak, increasing inflationary pressures and led to the weaking of rupee against the dollar.”
Gaurav Seth, page 3 of the filed PDF · View the filing
Decline in market indices due to continued selling
p. 3
“The buyers have been continuing to sell, leading to about 11% decline indices.”
Gaurav Seth, page 3 of the filed PDF · View the filing
Slowdown in retail participation and Demat account additions
p. 3
“So that moderated with Demat account additions slowing down to about 8.5 million in this quarter which if you compare with previous quarter, was down about 3%.”
Gaurav Seth, page 3 of the filed PDF · View the filing
Mutual fund AUM decline due to mark-to-market impact from market fall
p. 4
“Our MF stood at INR 1,761 crores, which is again a 6% decrease from a QoQ perspective and some part mark-to-market impacted this number because of that overall market went down which impacted the AUM.”
Gaurav Seth, page 4 of the filed PDF · View the filing
Higher employee and other expenses reducing profit growth
p. 4
“Our employee costs increased due to hiring in product & Tech, marketing and AI teams.”
Gaurav Seth, page 4 of the filed PDF · View the filing
Generated by claude-sonnet-5. Source: the transcript as filed with BSE. We link to the exchange's copy; we do not host transcripts. Parakho is a data and screening tool, not an investment adviser — nothing here is a recommendation to buy, sell or hold.