5paisa Capital Ltd. · NSE:5PAISA
5paisa Capital — Q1 FY2025 Earnings Presentation
24 slides from 5paisa Capital's earnings presentation, Jul 12, 2024
Slide 1: 5paisa Capital Limited exchange intimation letter
July 12, 2024 To, To, The Manager, The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Limited, 1st Floor, Phiroze Jeejeebhoy Tower, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001. Mumbai – 400 051.
Slide 2: Investor Presentation - Q1FY25
Investor Presentation - Q1FY25
Slide 3: Key Highlights - Q1FY25
Key Highlights - Q1FY25 Business Information Financial Information About Us 2
Slide 4: Key Highlights of Q1FY25 vs Q4FY24
Key Highlights of Q1FY25 vs Q4FY24 Revenue Profit after Tax 9% 248% 1,023 Mn 201 Mn Customer acquired Customer Base Customer Acquisition 16% 5% 1.36 lac 12% 4.47 Mn 2.34 Lac Q-Q-Q ADTO App User 4% 5% 3.67+ Tn 19.6+ Mn Market Share (Incremental Client Average Funding Book Acquisition) 3% 271 Cr 24 %
Slide 5: Industry Trend – TAM
Industry Trend – TAM Incremental Demat Accounts (Mn) Retail Derivative ADTO (in INR Tn) Active Clients (in Mn) 35 37 44.2 156 40.8 123 35.3 25 31.9 +110% p.a. 14 18.9 61 11 10.8 5 29 7 11 FY20 FY21 FY22 FY23 FY24 Q1FY25 FY20 FY21 FY22 FY23 FY24 Q1FY25 FY20 FY21 FY22 FY23 FY24 Q1FY25 • 11 Mn demat ac
Slide 6: Key Highlights - Q1FY25: Business Information
Key Highlights - Q1FY25 Business Information Financial Information About Us 5
Slide 7: Client Acquisition
Client Acquisition Client Acquisition (In Lakhs) STP - Acquisitions 3.0 90% 2.67 90% 89% 2.5 2.32 2.34 88% 87% 87% 2.0 86% 86% 86% 1.5 1.36 1.35 1.08 84% 1.0 0.5 82% 0.0 80% Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 - STP Acquisition: 90% for Q1FY25 (Up 3% Q
Slide 8: Number of Orders & Retail Market Share
Number of Orders & Retail Market Share Total Orders (in Mn) Market Share (% Incremental Customer Acquisition)* 60 3.0% 51.0 48.4 2.4% 50 46.6 2.5% 44.8 2.2% 2.2% 2.1% 40 38.1 36.7 2.0% 1.8% 1.5% 30 1.5% 20 1.0% 10 0.5% 0 0.0% Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY
Slide 9: Growth in ADTO, Customers and Revenue
Growth in ADTO, Customers and Revenue Avg. Daily Turnover (In Tn) Customers & Revenue Growth 4.50 Revenue (INR Mn) Total customers ('000s) 1,200 4.00 3.70 3.82 3.63 3.67 4,466 3.50 1,000 4,232 3,965 3.00 2.87 3,733 800 3,598 2.41 3,490 2.50 3,354 2.06 3,191 600 2.00 1.70 1.50 400 1.00 200 0.50 802 8
Slide 10: Reliable & Scalable Digital Business Model
Reliable & Scalable Digital Business Model Digital Customer Superior Digital Proven Growth in all Secure and Reliable Acquisition Platform aspects Broker ➢ 4.47 Mn Customer Base ➢ 19.6+Mn App installs with ➢ Revenue of ₹ 1,023 Mn and ➢ Profitable Listed Discount ➢ 100% Paperless Client 4.3-star rati
Slide 11: Elevated Trading Experience - Platform & Features
Elevated Trading Experience - Platform & Features 10
Slide 12: Our Trusted Partners
Our Trusted Partners Customer 11
Slide 13: Key Highlights - Q1FY25: Financial Information
Key Highlights - Q1FY25 Business Information Financial Information About Us 12
Slide 14: Revenue Mix & Total Revenue
Revenue Mix & Total Revenue Revenue (in Mn) 841 802 838 914 846 969 1,003 1,129 1,023 100% 90% 17% 17% 19% 20% 22% 24% 24% 24% 26% 80% 6% 7% 7% 7% 7% 6% 7% 5% 70% 6% 60% 36% 32% 33% 31% 28% 28% 31% 32% 29% 50% 40% 30% 20% 41% 44% 41% 42% 43% 42% 40% 37% 39% 10% 0% Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24
Slide 15: EBDTA & Profit Trend
EBDTA & Profit Trend EBDTA (In Mn) & EBDTA Margin (%) Profit After Tax (In Mn) 350 40% 201 300 35% 200 190 21% 248% 32% 30% 28% 30% 250 26% 1% 151 24% 150 144 145 25% 22% 62% 200 20% 150 100 15% 100 9% 58 10% 50 50 5% 217 218 271 224 103 302 0 0% 0 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q4FY23 Q1
Slide 16: Financial Ratios
Financial Ratios 600 Net-worth ( In Cr) Return on Net Worth 553 16% 14.7% 539 550 523 14% 12.6% 12.3% 12.3% 12.3% 500 12% 500 478 463 10% 450 8% 400 6% 4.4% 4% 350 2% 300 0% Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Cost to Income ratio Net Profit Margins 10
Slide 17: Client Funding Book Spread Over Wide Customer Base
Client Funding Book Spread Over Wide Customer Base Avg Client Funding Book Size Low Per Client Exposure Client Funding Book Segmentation (in Mn) (In INR) (% age of client using the facility) 3,588 Less than 50K 50K to 1Lac More than 1Lac 3,172 24,344 24,473 1.3% 1.0% 2.0% 0.4% 0.4% 0.7% 2,714 17,238
Slide 18: Consolidated P&L – Q1FY25
Consolidated P&L – Q1FY25 Quarter Ended Year Ended Quarterly Variances INR Million Q1FY25 Q4FY24 Q1FY24 FY24 Q-o-Q Y-o-Y A. Income From Operations Brokerage Income 400 452 361 1592 -12% 11% Allied Broking Income 297 345 234 1175 -14% 27% Cross Sales Income 59 52 62 235 13% -4% Other Operating Income
Slide 19: Key Highlights - Q1FY25: About Us
Key Highlights - Q1FY25 Business Information Financial Information About Us 18
Slide 20: Environmental, Social & Governance (ESG)
Environmental, Social & Governance (ESG) Corporate Governance Human Capital 1. Adopt all employee's welfare schemes (Gratuity, PF, 1. Smooth whistle blower policy adopted Medical insurance etc) 2. Experience and diverse Independent board of 2. Maintain gender diverse workplace with equal directors'
Slide 21: Chairperson, Independent & Executive Directors
Chairperson, Independent & Executive Directors Dr. Archana Hingorani Ms. Nirali Sanghi Mr. Milin Mehta Mr. Ravi Garikipati Mr. Narayan Gangadhar Mr. Gourav Munjal Chairperson and Independent Director Independent Director Independent Director Managing Director and Whole-Time Director and Independent
Slide 22: Core Management Team
Core Management Team Ms. Namita Godbole Mr. Ameya Agnihotri Mr. Mehul Jain Mr. Yashpal Chopra Mr. Vikrant Birajdar Mr. Sudhir Jha Company Secretary and Chief Technology Officer Product Head, Trading Head of Risk Management HR Head Revenue Head Compliance Officer • Bachelors in Commerce and • Masters
Slide 23: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by 5paisa Capital Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securit
Slide 24: THANK YOU
THANK YOU 23