5paisa Capital Ltd. · NSE:5PAISA
5paisa Capital — Q4 FY26 Earnings Presentation
28 slides from 5paisa Capital's earnings presentation, Apr 30, 2026
Slide 1: Cover letter to stock exchanges
April 30, 2026 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 Quarter & Financial Year ended March 31st, 2026
Investor Presentation Quarter & Financial Year ended March 31st, 2026
Slide 3: Table of Contents
Table of Contents 01 Q4 FY26 Highlights & 02 Industry 03 Business & Financial 04 About Us Digital Wealth Platform Outlook Information • Key highlights of Q4FY26 • Consistent surge in • Key business numbers • Environmental, social & • Our journey so far participation governance (ESG) • Net-worth, mar
Slide 4: Key Highlights of Q4FY26 vs Q3FY26
Key Highlights KEY HIGHLIGHTS OF Q4FY26 VS Q3FY26 CUSTOMER FINANCIALS BUSINESS Customer Base Revenue Average Daily Turnover (ADTO) - Notional 51.8 lakh ₹ 855 Mn ₹ 3.40 Tn +2% QoQ ↑ +8% QoQ ↑ +3% QoQ ↑ Customer Acquisition Broking Income Mutual Fund AUM 103K ₹ 418 Mn ₹ 1,761 Cr +33% QoQ ↑ +13% QoQ ↑
Slide 5: Our Journey
ASpaisa FY26 Our journey so far New Frontiers + Crossed Customer Base of 5 Mn+ yor + Enhanced product suite with ne\ Proguet surte wi w Next Growth Phase launches - Pay Later, Scalper, MCP, ME Dashboard & ETF revamp + Investor Confidence - Raised capital of 2469 Cr. raised through 9 Rights Issue + E
Slide 6: An Evolved Product Suite for Investors & Traders
Our Journey An Evolved Product Suite for Investors & Traders Maximizing Client Value at Every Touchpoint FY2023 FY2024 FY2025 FY2026 FY2027 Hyper Acquisition Monetization Tech Ecosystem & Product & Tech Experience Engine Flywheel Distribution Scale Acceleration led-growth • Scaled Digital Onboarding
Slide 7: 5paisa at a glance
Spaisa at a glance Al5Spaisa Empowering every Indian to Invest with our full-stack digital wealth management platform
Slide 8: 5paisa at a glance
5paisa at a glance Amplified Trading (Pay Later) ‘Smart leverage solutions for higher buying power like MTF, BTST, CUSPA Trade From Charts Place, Modify, Exit traders directly from Charts (Trading View) A) spoisa Scalper High frequency trading through 3 in one chart visibility Trading Advanced Order
Slide 9: Our Focus Area: Core strategic pillars
Core strategic pillars 01 Make it easy for customers to invest 02 Enable active traders with superior analysis and execution capabilities 03 Embed Al to supercharge customer experience end to end 04 Continuous invest in making the tech platform stable, scalable and reliable Al5paisa
Slide 10: Our Focus Area: AI transformation
Our Focus Area Al transformation —— eee Engineering Software development lifecycle being transformed — faster eee SS SS Customer Experience Helping customers get better at analysing — SS Customer Reach Out Guiding agents to better prioritize leads delivery of products to via chat customers, more com
Slide 11: Industry Outlook
~\5paisa Industry Outlook
Slide 12: Consistent Surge in Participation - Industry Trend
Industry Outlook CONSISTENT SURGE IN PARTICIPATION- INDUSTRY TREND Demat Accounts Base (in Mn) Derivative ADTO - Notional (in ₹ Tr) Active Clients1 (in Mn) 224 429 445 49.2 192 45.7 360 40.8 151 35.3 31.9 114 90 154 18.9 55 68 26 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22
Slide 13: Ownership for DIIs & Retail on the Rise
Industry Outlook OWNERSHIP FOR DIIS & RETAIL ON THE RISE Ownership trend in NSE listed universe (in %) Market cap (₹ lakh crore) 112 203 261 254 382 436 • Individual investors’ direct holding in 6.0 6.7 4.5 4.7 4.7 4.6 9.0 9.7 9.4 9.5 9.5 9.3 13.5 13.7 17.1 16.5 18.2 19.0 NSE listed companies grew m
Slide 14: Impact of Regulatory Changes on Industry
Industry Outlook IMPACT OF REGULATORY CHANGES ON INDUSTRY Transaction Weekly Geopolitical Income Expiry Issue Elimination Limitation 700 28,000 592 537 519 Lot Size Nifty 532 600 514 516 26,000 483 485 497 497 501 Revision Correction 481 472 450 460 445 453 467 500 412 24,000 358 352 364 400 307 314
Slide 15: Key Business Numbers
~\5paisa Key Business Numbers
Slide 16: Business Metrics
Key Business Numbers BUSINESS METRICS Client Acquisition (In Lakhs) DIY (in %age)1 96.6% 94.6% 90.5% 1.11 86.4% 85.5% 0.95 1.03 84.5% 0.91 0.80 0.78 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Total Client Acquisition: 1.03 lakh for Q4FY26 (up 32% Q-o-Q) DIY A
Slide 17: Net-worth & Margins
Net-worth, Margins & MTF NET-WORTH & MARGINS Net-worth (In ₹ Cr) Return on Net Worth 639 650 11.0% 616 626 593 604 7.6% 7.8% 6.7% 6.7% 6.1% Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Cost to Income Ratio Net Profit Margins 83% 83% 19% 81% 15% 15% 80% 14% 79%
Slide 18: MTF Spread Over Wide Customer Base
Net-worth, Margins & MTF MTF SPREAD OVER WIDE CUSTOMER BASE Avg MTF Book Size (in ₹ Mn) MTF Book Segmentation 3,666 (% age of client using the facility) 3,359 3,258 Less than 1L 1L to 5L More Than 5L 2,753 8.8% 8.9% 9.0% 8.9% 13.3% 13.6% 13.6% 13.9% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Per Client Exposure (I
Slide 19: Consolidated Financial Performance
Consolidated Financial Performance CONSOLIDATED FINANCIAL PERFORMANCE Gross Revenue & Revenue Mix EBDTA (In ₹ Mn) & EBDTA Margin (%) Profit after Tax (In ₹ Mn) Revenue (in ₹ Mn) EBTDA (in ₹ Mn) EBTDA Margin % PAT (in ₹ Mn) QoQ growth % 714 778 773 793 855 24% 23% 23% 123 115 108 101 31% 31% 30% 28%
Slide 20: Consolidated P&L – Q4FY26
Consolidated Financial Performance CONSOLIDATED P&L – Q4FY26 Quarter Ended Quarterly Variances INR Million Q4FY26 Q3FY26 Q4FY25 Q-o-Q Y-o-Y Income From Operations Brokerage Income 419 371 340 13% 23% Allied Broking Income 207 198 153 5% 36% Other Operating Income 229 224 221 2% 4% Total Income from
Slide 21: Consolidated P&L – FY26
Consolidated Financial Performance CONSOLIDATED P&L – FY26 Year Ended Yearly Variances INR Million FY26 FY25 Y-o-Y Income From Operations Brokerage Income 1,493 1,714 -13% Allied Broking Income 783 886 -12% Other Operating Income 923 998 -8% Total Income from operations 3,199 3,598 -11% Employee ben
Slide 22: Consolidated Balance Sheet as at 31st March 2026
Consolidated Financial Performance CONSOLIDATED BALANCE SHEET AS AT 31st MARCH 2026 As at As at Particulars March 31, 2026 March 31, 2025 I ASSETS (1) Financial Assets (a) Cash and cash equivalents 373 203 (b) Bank balance other than (a) above 13,804 13,163 (c) Trade Receivables 2 - (d) Loans 3,404
Slide 23: About Us
~\5paisa About Us
Slide 24: Environmental, Social & Governance (ESG)
About Us ENVIRONMENTAL, SOCIAL & GOVERNANCE (ESG) Corporate Human Environmental Information and Governance Capital Footprint Cyber Security • Smooth whistle blower policy • Adopt all employee's welfare • 100% digital onboarding • Defense in Depth Security adopted schemes (Gratuity, PF, Medical proce
Slide 25: Events & Employee Engagements
About Us EVENTS & EMPLOYEE ENGAGEMENTS Client Awareness Events Employee Engagements Options & Algo Conventions: A curated knowledge-driven event People-First Culture: Fostered a healthy, engaging, and inspiring series tailored for equity and derivative traders, enabling structured workplace through
Slide 26: Board of Directors & Core Management Team
About Us BOARD OF DIRECTORS & CORE MANAGEMENT TEAM Independent Directors Proven Market Leadership Dr. Archana Hingorani Ms. Nirali Sanghi Mr. Milin Mehta Dr. Sarat Kumar Malik Chairperson & Independent Independent Independent Independent Director Director Director Director Trusted brand with proven
Slide 27: 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 28: Thank You
~\5paisa Thank You