5paisa Capital Ltd. · NSE:5PAISA
5paisa Capital — Q1 FY2024 Earnings Presentation
27 slides from 5paisa Capital's earnings presentation, Jul 12, 2023
Slide 1: Exchange filing cover letter
July 12, 2023 To, To, The Manager, The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot C/1, G Block, Dalal Street, Bandra ‐ Kurla Complex, Bandra (E), Mumbai ‐ 400001 Mumbai – 400051. T
Slide 2: Investor Presentation Quarter Ended June 23 (Q1FY24)
INVESTOR PRESENTATION Quarter Ended June 23 (Q1FY24) 1
Slide 3: Q1FY24 Highlights
Q1FY24- Highlights Potential for 5paisa Business Performance Financial Performance About Us 2
Slide 4: Key Highlights of Q1FY24 vs Q4FY23
Key Highlights of Q1FY24 vs Q4FY23 Revenue Profit after Tax 846 Mn 7% 145 Mn 1% Customer Acquisition acquired Customer Base 1.36 Lac 1.08 lac 16% 21% 3.49Mn 3.6 Mn 15.9% 3% Q-Q-Q Q-Q-Q ADTO App User 2.84+ Tn 18% 15.7 + Mn 3% Funding Book Retail Market Share 224 Cr 22 % 3.13% 4% 3
Slide 5: Potential for 5paisa
Q1FY24- Highlights Potential for 5paisa Business Performance Financial Performance About Us 4
Slide 6: 5paisa has significant headroom for growth
5paisa has significant headroom for growth Market Scenario Incremental demat accounts (Mn) Retail Derivative ADTO (in INR Bn) Active clients (in Mn)* 35 85,941 35.3 31.9 25 +95% p.a. 18.9 41,527 14 9.0 10.8 17,160 4 5 5,989 5,564 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22
Slide 7: 5paisa – Vision
5paisa – Vision Building and operate a digital ecosystem which is Stable Reliable Trusted Platform Highest Low order latency, Guaranteed Go-to partner for availability order throughput security of APIs and during market rate customer funds franchisees hours 6
Slide 8: Key focused pillars
Key focused pillars Robust tech architecture and product stability Stable, Reliable and Trusted platform for Indian Equity • Highly available, stable system across platforms (Web, Mobile, Developer Investors API) • Focus on product simplification prioritizing stability and availability Data analytic
Slide 9: Business Performance
Q1FY24- Highlights Potential for 5paisa Business Performance Financial Performance About Us 8
Slide 10: Client Acquisition
Client Acquisition Client Acquisition (In Lakhs) STP - Acquisitions 5.00 88% 4.50 86% 86% 4.00 86% 3.60 85% 3.50 84% 84% 3.00 2.29 82% 2.50 2.23 80% 2.00 80% 1.62 1.50 1.36 78% 1.08 78% 1.00 76% 0.50 - 74% Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 - Total Cl
Slide 11: Growth in orders & Retail Market Share
Growth in orders & Retail Market Share Total Orders* (in Mn) Retail Market Share 45.00 3.20% 40.00 38.1 36.7 3.15% 3.13% 3.13% 35.00 32.2 32.8 30.3 29.2 3.10% 3.08% 30.00 3.07% 25.00 3.05% 3.01% 20.00 3.00% 2.97% 15.00 2.95% 10.00 2.90% 5.00 - 2.85% Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q4FY22 Q
Slide 12: Growth in ADTO, Customers and Revenue
Growth in ADTO , Customers and Revenue Avg. Daily Turnover – Total (in Cr) Customers & Revenue Growth 3,00,000 2,84,387 Revenue (INR Mn) Total customers ('000s) 1,000 3,598 2,50,000 2,41,196 3,490 900 3,354 3,191 2,05,904 800 2,968 2,00,000 2,739 700 1,69,903 2,379 600 1,50,000 1,36,022 1,974 1,20,5
Slide 13: Reliable & Scalable Digital Business Model
Reliable & Scalable Digital Business Model Digital Customer Acquisition Superior Digital Platform ➢ 3.59 Mn Customer Base ➢ 15.7 Mn App downloads with 4.3-star rating ➢ 100% Paperless Client activation ➢ 35% of manpower is Tech and Product ➢ 86% STP (without human intervention) ➢ High customer satis
Slide 14: Financial Performance
Q1FY24- Highlights Potential for 5paisa Business Performance Financial Performance About Us 13
Slide 15: Revenue Mix & Total Revenue
Revenue Mix & Total Revenue Revenue Mix & Total Revenue (In Mn) 686 802 883 841 802 838 914 846 100% 90% 19% 17% 16% 17% 17% 19% 20% 22% 80% 6% 6% 6% 7% 7% 7% 7% 7% 70% 60% 38% 37% 36% 32% 35% 33% 31% 28% 50% 40% 30% 20% 41% 41% 44% 41% 42% 43% 39% 39% 10% 0% Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY2
Slide 16: EBDTA & Profit Growth Trend
EBDTA & Profit Growth Trend EBDTA (In Mn) & EBDTA MARGIN (%) PROFIT AFTER TAX (In Mn) 160 250 30% EBDTA EBDTA Margin % 1% 144 145 217 218 140 25% 31% 200 26% 24% 120 3% 110 169 107 162 20% 100 150 20% 45% 20% 122 80 74 15% 14% 68% 100 60 75 10% 44 9% 40 50 5% 20 0 0% 0 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4
Slide 17: Improving Financial Ratios
Improving Financial Ratios Net-worth ( In Cr) Return on Net Worth 550 14% 12.6% 500 478 12.3% 449 463 12% 450 438 10.4% 9.9% 10% 400 374 382 7.8% 8% 350 6% 4.7% 300 4% 250 2% 200 0% Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Cost to Income ratio Net Profit Ma
Slide 18: 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 Millions) (In INR) (% age of client using the facility) Less than 50K 50K to 1Lac More than 1Lac 2,875 2,802 100% 35,944 1% 2% 3% 2,241 98% 2% 1% 26,130 1% 96%
Slide 19: Consolidated Profit & Loss for quarter ended June 23
Consolidated Profit & Loss for quarter ended June 23 Year Quarter Ended Quarterly Variances INR Million Ended Q1FY24 Q4FY23 Q1FY23 Q-o-Q Y-o-Y FY23 A. Income From Operations Brokerage Income 361 388 346 -7% 4% 1435 Allied Broking Income 234 281 298 -17% -21% 1107 Cross Sales Income 62 66 51 -6% 20%
Slide 20: About Us
Q1FY24- Highlights Potential for 5paisa Business Performance Financial Performance About Us 19
Slide 21: Environmental, Social & Governance (ESG)
Environmental, Social & Governance(ESG) Human Capital Corporate Governance 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' s
Slide 22: Chairperson & Independent Directors
Chairperson & Independent Directors Dr. Archana Hingorani Ms. Nirali Sanghi Mr. Milin Mehta Mr. Ravi Garikipati Chairperson and Independent Director Independent Director Independent Director Independent Director • M.B.A. & (Ph.D. • Bachelor in Economics • Member of ICAI & Law • Entrepreneur and Fina
Slide 23: CEO and Wholetime Directors
CEO and Wholetime Directors Mr. Narayan Gangadhar Mr. Prakarsh Gagdani Mr. Gourav Munjal Whole-Time Director & Chief Whole-Time Director and CFO CEO Business Officer • MS in Computer Science. • Post Graduate Degree holder from • Member of ICAI , qualified • 20+ years of global exp., worked Pondicher
Slide 24: Core Management Team
Core Management Team Mr. Mehul Jain Mr. Yash Upadhyay Ms. Namita Godbole Mr. Mayur Dedhia Product Head, Trading Chief Strategy Officer Company Secretary and Business Head Compliance Officer • Bachelors in Banking & • Bachelors in Commerce and • CFA (ICFAI) , MFA (ICFAI) , • MBA from IIM Calcutta and
Slide 25: Awards
Awards The Great The Great NAYA Indian BFSI Indian BFSI BHARAT CEO of The fastest BUSINESS Year – growing CONCLAVE Prakash company of 2022 Gagdani the year Best Excellence in Won Silver Integration Online Share Digixx of Digital Trading Awards 2022 Content with TV BFSI SEO Awards 2023 24
Slide 26: 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 27: Thank You
THANK YOU 26