5paisa Capital Limited – NSE: 5PAISA / BSE: 540776

Introduction

On 15 October 2026, 5paisa Capital Limited filed its unaudited consolidated and standalone financial results for the quarter and half‑year ended 30 September 2026 with the NSE and BSE. The filing also included a limited‑review report by the statutory auditors and several regulatory disclosures.

Key Highlights

1. Financial Performance (Unaudited)

Item (Consolidated)	Quarter ended 30 Sep 2026	Half‑year ended 30 Sep 2026
Net Profit After Tax (PAT)	–	₹ 1,862.90 Lakh
Operating Margin	–	14 %
Net Profit Margin	–	11 %
Earnings‑per‑Share (Basic)	–	₹ 4.08
Earnings‑per‑Share (Diluted)	–	₹ 4.07
Total Assets	–	₹ 2,17,423.97 Lakh
Total Equity (Net Worth)	–	₹ 1,13,622.36 Lakh
Total Liabilities	–	₹ 1,03,801.61 Lakh

The balance‑sheet as at 30 Sep 2026 shows a rise in cash & cash equivalents to ₹ 937.11 Lakh (down from ₹ 3,727.20 Lakh at 31 Mar 2026) and a significant increase in loans to ₹ 50,603.49 Lakh.

2. Strategic Business Unit in IFSC, GIFT City

• The company has established “5paisa Capital Limited (IFSC Branch)” as a Strategic Business Unit (SBU) in the International Financial Services Centre (IFSC) at GIFT City, Gujarat.
• The SBU will undertake Broker‑Dealer (Trading Member) activities under the International Financial Services Centres Authority (IFSCA) framework, pending required regulatory approvals.

3. Capital Structure & Funding Activities

• Rights Issue: 1,56,27,419 fully paid‑up equity shares were issued at ₹ 300 per share (including a premium of ~₹ 290), raising ₹ 68.82 crore. Post‑issue, paid‑up equity capital increased from ₹ 31.25 crore to ₹ 46.88 crore.
• Preferential Issue: 20,50,588 equity shares were issued for consideration other than cash as part of the acquisition of Giskard Datatech Private Limited.
• Acquisition: Board approval (28 July 2026) to acquire 100 % of Giskard Datatech Pvt Ltd via cash and share‑swap. Upon completion, Giskard will become a wholly‑owned subsidiary.

4. Regulatory & Compliance Matters

• Income‑Tax Search & Demand: The Income‑Tax Department conducted a search in January 2025. A demand notice dated 5 May 2026 raised a ₹ 33.02 crore tax demand for the block period 1 Apr 2018 – 3 Feb 2025. The company has filed an appeal with the Commissioner of Income Tax (Appeals) and expressed confidence of a favourable outcome.
• The independent auditor’s limited‑review report (V. Sankar Aiyar & Co.) did not identify any material misstatement in the unaudited results, apart from the above tax matter (emphasis of matter).

5. Subsidiary Structure

The Group comprises four wholly‑owned subsidiaries as of 30 Sep 2026:

1. 5paisa P2P Limited – RBI‑registered P2P NBFC
2. 5paisa Trading Limited
3. 5paisa Corporate Services Limited (formerly Spaisa Insurance Brokers Ltd)
4. 5paisa International Securities (IFSC) Limited

6. Key Financial Ratios (Annexure A)

Ratio	Value
Debt‑Equity Ratio	0.28 ×
Debt Service Coverage Ratio	2.68 ×
Interest Service Coverage Ratio	2.39 ×
Current Ratio	2.05 ×
Total Debt to Total Assets	0.15 ×
Operating Margin	14 %
Net Profit Margin	11 %
EPS (Basic)	₹ 4.08
EPS (Diluted)	₹ 4.07

Summary for Investors

• Financial Position: The company reports a solid net profit of ₹ 1,862.90 Lakh for the half‑year, with healthy equity (₹ 1,13,622 Lakh) and low leverage (Debt‑Equity 0.28).
• Growth Initiatives: Creation of an IFSC SBU and the pending acquisition of Giskard Datatech signal a strategic push into international markets and technology‑driven services.
• Capital Raising: Recent rights and preferential issues have substantially increased paid‑up capital, providing additional funding capacity.
• Regulatory Risk: An ongoing tax demand of ₹ 33.02 crore is under appeal; the outcome could affect cash flows, though management remains confident of a favorable resolution.
• Liquidity: Cash & cash equivalents fell to ₹ 937.11 Lakh, while bank balances remain robust at ₹ 1,45,368 Lakh, supporting short‑term obligations (Current Ratio 2.05).

Investors should monitor the progress of the IFSC licensing, the finalisation of the Giskard acquisition, and the resolution of the tax appeal for a complete assessment of 5paisa Capital’s near‑term outlook.