5paisa Capital Limited – Q2 FY26 Results Summary
Announcement Date: October 9, 2025
Key Financial Metrics (Consolidated):
- Revenue from operations: ₹7,717 lakhs in Q2 FY26, down 0.7% QoQ and 23.5% YoY (Q2 FY25: ₹10,079 lakhs), primarily due to lower fees and commission income.
- H1 FY26 revenue: ₹15,486 lakhs vs. ₹20,303 lakhs in H1 FY25.
- EBITDA margin (operating margin) steady at 20% for H1 FY26.
- Net profit: ₹948 lakhs in Q2 FY26, down 18% QoQ and 57% YoY (Q2 FY25: ₹2,190 lakhs).
- H1 FY26 net profit: ₹2,103 lakhs vs. ₹4,199 lakhs in H1 FY25.
- Net profit margin: 14% for H1 FY26.
- Basic EPS: ₹3.04 in Q2 FY26; ₹6.73 for H1 FY26.
Balance Sheet Highlights (as of Sept 30, 2025):
- Total assets: ₹1,75,305 lakhs.
- Net worth: ₹62,634 lakhs.
- Debt-equity ratio: 0.46.
- Cash and cash equivalents: ₹1,264 lakhs; bank balances (non-cash): ₹1,26,928 lakhs.
- Borrowings (including commercial paper): ₹29,055 lakhs (₹11,120 lakhs commercial paper).
- Capital expenditure: ₹203 lakhs in H1 FY26, down from ₹679 lakhs in H1 FY25.
Management Commentary & Events:
- Company operates solely in stock broking and financial product distribution via digital platforms; no segmental reporting.
- Income Tax Department conducted a search in January 2025; notice received on Oct 6, 2025, to file revised returns for 2018-2025; impact on financials currently undeterminable.
- SEBI issued a Show Cause Notice regarding expired Research Analyst License; company has responded; impact unknown.
- 6,000 equity shares allotted under ESOP in August 2025.
- New Company Secretary appointed effective Oct 10, 2025; new Independent Director appointed Oct 9, 2025 (subject to shareholder approval).
- IT and Cyber Security Committees merged.
Corporate Activity & Financing:
- Commercial paper issuance of ₹11,120 lakhs in H1 FY26.
- Bank overdraft reduced by ₹3,807 lakhs in H1 FY26.
- No new investments or restructuring reported.
Outlook:
- No specific guidance provided in the announcement.
This summary reflects the key financial and operational highlights from 5paisa Capital Limited’s Q2 FY26 results as of October 9, 2025.