Capital Markets company 5Paisa Capital announced Q1FY24 results: Consolidated Q1FY24 vs Q1FY23: Income: Rs 84.6 crore vs Rs 84.1 crore, up 1% YoY Profit Before Tax: Rs 19.5 crore vs Rs 10.1 crore, up 93% YoY Profit After Tax: Rs 14.5 crore vs Rs 7.4 crore, up 97% YoY Total Comprehensive Income: Rs 14.5 crore vs Rs 7.4 crore, up 95% YoY Consolidated Q1FY24 vs Q4FY23: Income: Rs 84.6 crore vs Rs 91.4 crore, down 7% QoQ Profit Before Tax: Rs 19.5 crore vs Rs 19.2 crore, up 1% QoQ Profit After Tax: Rs 14.5 crore vs Rs 14.4 crore, up 1% QoQ Total Comprehensive Income: Rs 14.5 crore vs Rs 14.4 crore, up 1% QoQ Appointment of Narayan Gangadhar, Chief Executive Officer, as the Managing Director for a period of 5 years effective from July 13, 2023 Narayan Gangadhar, CEO, 5Paisa Capital, commented on the financial results: “In Q1FY24, India benchmark indices - BSE Sensex and NIFTY 50 have climbed to their all-time high. All these positive sentiments are expected to drive growth in Indian Capital Markets, which has now more than 12 crore demat accounts. We are glad to report strong growth in our retail ADTO segment. Our overall ADTO for Q1FY24 stands at Rs 2.84 trillion, a 17.9% jump Vs Rs 2.41 trillion in Q4FY23 along with improvement in market share. With all our efforts focused on quality acquisition and improving cost efficiency, we have succeeded in achieving highest ever quarter profit in Q1FY24 of Rs 14.5 crore (growth of 97% on YoY) along with highest PAT margins of 17%. We intend to scale up our investments to build a robust technology platform & acquisition sub-streams while continuing to build efficiency by strengthening our digital tools & processes.” Result PDF
Conference Call with 5Paisa Capital Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript.
Capital Markets firm 5Paisa Capital announced Q4FY23 & FY23 results: Consolidated Q4FY23: Income at Rs 91.4 crore, up 9% QoQ and 4% YoY Profit after tax at Rs 14.4 crore, up 31% QoQ and 226% YoY On-boarded more than 1.36 lakh new clients during the quarter, taking the total number of registered customers to 3.49 million. Consolidated FY23: Income at Rs 339.4 crore, up 14% YoY Profit after tax at Rs 43.6 crore, up 216% YoY Standalone Q4FY23 & FY23: Income from standalone capital market business for the quarter stood at Rs 90.5 crore, up 8% QoQ and up 3% YoY. Total comprehensive income from the standalone business stood at Rs 13.8 crore, up 25% QoQ and 183% YoY. Prakarsh Gagdani, Whole-Time Director and CEO, 5paisa Capital Ltd., commented on the financial results: “FY23 has been a very important year for us. Our strategy of focusing on quality of acquisition, product, technology & infrastructure has paid off well. Despite volatile markets, reduced volumes in the cash segment on the stock exchanges and low acquisition, we have been able to increase our revenues by 14% and profitability by 216%. I am glad to report that we ended FY23 with our highest PAT ever. Not only have we increased our profits but also improved our margins. Our CAC has come down; retention and app ratings improved and new platforms and products launched for customers. With this, I am confident that our product and customer focused approach will yield much better returns in FY24 as well.” Result PDF
Conference Call with 5Paisa Capital Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.
Capital market company 5Paisa Capital announce Q3FY23 results: Q3FY23: Total consolidated income stood at Rs 83.8 crore for the quarter, up 4% QoQ and 4% YoY; and Rs 248.1 crore for the nine months, up 18% YoY. Total comprehensive income stood at Rs 10.9 crore for the quarter, up 2% QoQ and 1,419% YoY; and Rs 29.0 crore for the nine months, up 215% YoY. Prakarsh Gagdani, Whole-Time Director and CEO, 5paisa Capital Ltd., commented on the financial result: “We end the first nine months of FY23 on a strong note with revenue growth of 18% and PAT growth of 213%. Our growth in profit is on the back of improvement in the quality of acquisition, reduction in CAC, focus on technology and providing superior trading platforms to our customers. We are also excited about our acquisition of the 'Online retail trading business' of IIFL securities. The increased customer base of more than 1.5mn customers will boost our revenues and profitability significantly in FY24.” Result PDF
Capital markets company 5Paisa Capital announced Q2FY23 results: Consolidated Profit after Tax for Q2FY23 at Rs. 10.7 crore (up 45% QoQ and 672% YoY) and for H1FY23 at Rs. 18.1 crore (up 111% YoY) Total consolidated income stood at Rs. 80.2 crore for the quarter, down 5% QoQ and up 17% YoY and Rs. 164.3 crore for the half year, up 27% YoY. Total comprehensive income stood at Rs. 10.7 crore for the quarter, up 46% QoQ and 679% YoY and Rs. 18.1 crore for the half year, up 113% YoY. Prakarsh Gagdani, Whole-Time Director and CEO, 5paisa Capital Ltd., commented on the financial result: “Q2FY23 has been a milestone quarter as we hit 100 million demat accounts in a country. We enter an era where investing in stocks will be going to every house hold. During this quarter, 5paisa continued to improve its acquisition funnel thereby reducing CAC by 36%. With all our efforts in focusing on revenue, improving cost efficiency we have succeeded in achieving highest ever quarter profit in Q2FY23 of Rs 10.7 crore (growth of 45% on QoQ and 672% on YoY). We will continue to work towards product development, cost optimization & customer experience for providing best investment and trading platform to accelerate our revenue and profitability." Result PDF
Capital Markets firm 5Paisa Capital Announced Q1FY23 Result : Consolidated Income for Q1FY23 at Rs. 84.1 Cr (down 5% QoQ and up 38%YoY) Consolidated Profit after Tax for Q1FY23 at Rs. 7.4 Cr (up 68% QoQ and 3% YoY) Total consolidated income stood at Rs. 84.1 Cr for the quarter, down 5% QoQ and up 38% YoY. Total comprehensive income stood at Rs. 7.3 Cr for the quarter, up 58% QoQ and 4% YoY Prakarsh Gagdani, Whole-Time Director and CEO, 5paisa Capital Ltd., commented on the financial result: “Q1FY23 witnessed subdued retail participation which also impacted our overall income. In current quarter we focused on improving quality of acquisition and also optimized cost which has resulted 68% growth (QoQ) in Profit before tax. We will be continuing improvement in product development, cost optimization & customer experience for providing best investment and trading platform to accelerate our revenue and profitability.” Result PDF
5Paisa Capital declares Q4FY22 result: Consolidated Income for Q4FY22 at Rs. 88.3 Cr (up 10% QoQ and 77% YoY) and for FY22 at Rs. 298.0 Cr (up 53% YoY) Consolidated Profit after Tax for Q4FY22 at Rs. 4.4 Cr (up 492% QoQ and down 25% YoY) and for FY22 at Rs. 13.7 Cr (down 6% YoY) Total comprehensive income stood at Rs. 4.6 Cr for the quarter, up 539% QoQ and down 25% YoY and Rs. 13.9 Cr for the year, down 5% YoY. Prakarsh Gagdani, Whole-Time Director and CEO, 5paisa Capital Ltd., commented on the financial result: “FY 22 has been a year of many highs for us. With 102% growth in client base (acquired 13.5L clients), 53% revenue growth and 123% growth in ADTO we are entering next fiscal with great optimism. Our investment in technology and focus on providing best trading experience will accelerate revenue and profitability in the coming year.” Result PDF