5PAISA: First conference call after a capital rebuild, tech acquisition, and leadership shuffle — Q2FY27 numbers in

On 23 October 2026, 5paisa Capital (NSE: 5PAISA, BSE: 540776) held its first earnings conference call in this platform’s tracked history, reporting consolidated revenue of ₹86.5 Cr and net profit of ₹7.1 Cr for Q2 FY27 (concall transcript filing, BSE, 23 Oct 2026). The call is the most recent filing in a six‑month chain that shows the broker raising fresh equity, buying a data‑analytics firm, and replacing several senior officials — all against a backdrop of declining industry volumes.

· Analysis by Alpha Inflection · Edited by Prakhar Nigam

5Paisa Capital Limited — market news

A capital injection that pushed EPS sharply lower

The rights issue that reshaped the balance sheet surfaced in the Q1 FY27 filings. The results published on 16 July 2026 showed consolidated income of ₹88.33 Cr, up 14% year‑on‑year, and profit after tax of ₹11.57 Cr, roughly flat. But earnings per share collapsed 30% YoY to ₹2.60 because the ₹469 Cr raised via the rights issue had substantially increased the outstanding share count (BSE, 16 Jul and 17 Jul 2026). The same filings reported that both client acquisition and average daily turnover had fallen sequentially.

By the time Q2 FY27 numbers arrived on 15 October 2026, the H1 picture was:

The investor presentation released the same day added that fresh client additions stood at 0.82 lakh (total 53.4 lakh), average daily turnover was ₹2.59 Tn, and the MTF book had grown to ₹4,811 Mn.

An acquisition in data analytics

On 28 July 2026, the board approved the acquisition of 100% of Giskard Datatech Private Limited — a data‑analytics and technology‑solutions firm. The composite deal involved:

The preferential issue for the swap was later filed with pre‑ and post‑issue shareholding patterns on 9 October 2026, showing a 1.97% reduction in promoter holding on a fully diluted basis (BSE, 9 Oct 2026). The filings state that the transaction requires shareholder and regulatory approvals and is “expected to close within six months” of the July board meeting.

Leadership changes across compliance, product, and technology

Several senior departures were disclosed during this period:

Credit lines and rating actions

On 26 August 2026, CRISIL reaffirmed the existing ratings — Crisil A+/Stable on the long‑term bank loan and NCD, and Crisil A1+ on the short‑term facility. It also assigned a Crisil A+/Stable rating to a fresh ₹50 Cr NCD and enhanced the commercial paper limit from ₹200 Cr to ₹400 Cr with a Crisil A1+ rating (BSE, 26 Aug 2026).

What the concall disclosed about the next phase

The 23 October 2026 concall summary (filed with BSE) noted a net worth of ₹1,136 Cr, built through the rights issue, and described the forward agenda as “scaling client funding and app‑led tech upgrades.” The presentation accompanying the quarter flagged a new trading app, a collaboration with OpenAI, and the forthcoming integration of Giskard Datatech. Q2 FY27 revenue of ₹86.5 Cr was 12% above the year‑earlier quarter, but profit after tax fell 26% to ₹7.1 Cr, which the company attributed to “broader market volume softness post‑derivatives changes” (concall filing, 23 Oct 2026). Apart from the six‑month expected closure window for the Giskard acquisition, no numeric target periods were disclosed.

Alpha Inflection is research infrastructure, not investment advice. We are not SEBI-registered investment advisers. Everything above is compiled from public corporate filings, with sources cited. Do your own research.

The filing evidence

Every figure above traces to a dated filing
DateWhat the filing saidDetailSource
15 Oct 20265paisa Capital reported Q2 FY27 total client acquisition of 0.82 lakh and average daily turnover of ₹2.59 Tn amid an MTF book expansion to ₹4,811 Mn.filing
23 Oct 20265paisa Capital reported Q2FY27 revenue of ₹86.5 Cr and net profit of ₹7.1 Cr amid broader market volume softness post-derivatives changes, while strengthening net worth to ₹1,136 Cr via rights issue to scale client funding and app-led tech upgrades.filing
17 Jun 20265paisa Capital Limited announces resignation of Chief Compliance Officer Mr. Sudhendoo Ganddhi effective June 16, 2026, to pursue external career opportunities.Mr. Sudhendoo Ganddhi resigned as Chief Compliance Officer of 5paisa Capital Limited, effective from close of business on June 16, 2026, citing pursuit of career opportunities outside the organization.filing
17 Jun 20265paisa Capital's Chief Compliance Officer resigns to pursue external career opportunities.Mr. Sudhendoo Ganddhi resigned as Chief Compliance Officer of 5paisa Capital Limited, effective June 16, 2026, to pursue career opportunities outside the organization.filing
16 Jul 20265paisa Capital reports Q1 FY27 consolidated revenue of ₹88.33 Cr (up 13.6% YoY) and net profit of ₹11.57 Cr (flat YoY), appoints Mehul Somaiya as Company Secretary & Compliance OfficerThe Board of Directors approved unaudited standalone and consolidated financial results for Q1 ended June 30, 2026. Consolidated revenue rose to ₹88.33 Cr from ₹77.77 Cr a year ago, while net profit was ₹11.57 Cr vs ₹11.55 Cr YoY. Sequentially, revenue grew ~3.4% and net profit ~6.5% vs Q4 FY26. The Board also appointed Mehul Somaiya as Company Secretary & Compliance Officer effective July 16, 2026, filling the vacancy left by the resignation in June.filing
16 Jul 20265paisa Capital Q1FY27 consolidated income ₹88.4 Cr (+14% YoY), PAT ₹11.6 Cr (+1% YoY), but EPS crashed 30% YoY due to massive rights-issue dilution (₹469 Cr raised, shares outstanding ballooned).filing
17 Jul 20265paisa Capital Q1FY27: Revenue ₹88.4 Cr (+14% YoY), PAT ₹11.6 Cr (+1% YoY), EPS ₹2.60 (-30% YoY) on rights issue dilution; EBITDA margin expanded to ~20% from 14.8% a year ago, but client acquisition and ADTO declined sequentially.filing
17 Jul 2026Q1FY27 consolidated revenue was ₹88.33 Cr, up 14% YoY and 3% QoQ, while EBITDA margin was 29.6%; customer and platform investment lifted operating expenses 17% YoY and the rights issue materially diluted EPS to ₹2.60.filing
23 Jul 20265paisa Capital board to meet on July 28, 2026 to evaluate a proposal to raise funds via preferential issue or private placement.The company informed exchanges that its board of directors will meet on July 28, 2026, to consider and evaluate a proposal to issue equity shares or other eligible securities through preferential issue, private placement, or other permissible modes, subject to regulatory approvals. The trading window has been closed for designated persons from July 23, 2026 until 48 hours after the board meeting.filing
24 Jul 20265paisa Capital files resignation letter of Chief Compliance Officer Sudhendoo Ganddhi, who resigned effective June 16, 2026 to pursue external opportunities.The company provided the resignation letter of Mr. Sudhendoo Ganddhi as Chief Compliance Officer, confirming his resignation effective June 16, 2026 to pursue career opportunities outside the organization. This is a follow-up filing to the earlier intimation on June 17, 2026.filing
28 Jul 20265paisa Capital approves acquisition of 100% of Giskard Datatech for ₹121.57 Cr cash and share swap, and preferential issue of 20.5 lakh sharesThe board of 5paisa Capital approved the acquisition of 100% equity of Giskard Datatech Private Limited for a total consideration comprising cash up to ₹121.57 crore (for 58.68% stake) and a share swap of 20,50,588 equity shares of 5paisa (for 37.65% stake) at a ratio of 1:31. The acquisition will make Giskard a wholly owned subsidiary. The board also approved a preferential issue of 20,50,588 equity shares to the selling shareholders of Giskard as part of the share swap.filing
28 Jul 20265paisa Capital board approves acquisition of 100% of Giskard Datatech for ₹121.57 crore cash and share swap via preferential issue.The board of 5paisa Capital approved acquiring all equity of Giskard Datatech Private Limited, a data analytics and technology solutions firm, through a composite deal: cash consideration not exceeding ₹121.57 crore for 58.68% stake and a share swap at 1:31 ratio (issuing 20,50,588 equity shares of 5paisa) for the remaining 37.65%, with Giskard becoming a wholly owned subsidiary.filing
28 Jul 20265paisa Capital board approves acquisition of 100% of Giskard Datatech Private Limited for Rs 121.57 crore cash and share swap of 20.5 lakh equity shares, with a preferential issue of shares for the swap.The board of 5paisa Capital approved the acquisition of all equity shares of Giskard Datatech, a data analytics and technology solutions company, via a combination of cash (up to Rs 121.57 crore for 58.68% stake) and a share swap (issuance of 20,50,588 5paisa shares for the remaining 37.65% stake at a 1:31 ratio). The transaction is subject to shareholder and regulatory approvals, including SEBI, and is expected to close within six months.filing
28 Jul 20265paisa Capital approves 100% acquisition of Giskard Datatech via cash (~₹121.57 Cr) and share swap (20.5 lakh shares), making Giskard a wholly-owned subsidiary.5paisa Capital's board approved the acquisition of 100% equity of Giskard Datatech Private Limited—a data-driven technology and analytics firm—for a total consideration comprising cash not exceeding ₹121.57 crore for a 58.68% stake and a share swap in a 1:31 ratio (20,50,588 new 5paisa shares) for the remaining 37.65%, with the balance paid in cash. The acquisition will be executed via a composite transaction where promoters initially acquire certain GDPL shares for cash and later swap them for 5paisa shares. The deal is subject to shareholder and regulatory approvals, including SEBI, and is expected to close within 6 months.filing
26 Aug 2026CRISIL reaffirms existing ratings and assigns Crisil A+/Stable rating to additional ₹50 Cr NCD, enhancing commercial paper limit to ₹400 CrCRISIL has reaffirmed the ratings of 5paisa Capital's existing credit facilities (₹50 Cr NCD at Crisil A+/Stable, ₹100 Cr long-term bank loan at Crisil A+/Stable, and ₹300 Cr short-term bank loan at Crisil A1+) and enhanced the commercial paper facility from ₹200 Cr to ₹400 Cr with a reaffirmed Crisil A1+ rating, while also assigning a new Crisil A+/Stable rating to an additional ₹50 Cr Non-Convertible Debentures.filing
18 Sept 20265paisa Capital's Head - Investing Product, Abhinav Agarwal, resigns effective September 18, 2026, to pursue external opportunities.Mr. Abhinav Agarwal has resigned from his position as Head - Investing Product, with effect from the close of business hours on September 18, 2026, to pursue better career opportunities outside the organization.filing
30 Sept 20265paisa Capital's Whole-Time Director and CTO Ameya Agnihotri resigns effective September 30, 2026Mr. Ameya Agnihotri resigned from his dual role as Whole-Time Director and Chief Technology Officer of 5paisa Capital Ltd., effective end of business on September 30, 2026, stating he was leaving to pursue external career opportunities.filing
9 Oct 20265paisa Capital files updated shareholding pattern for preferential issue of equity shares under share swap for Giskard Datatech acquisition.The company filed updated shareholding pattern details related to the proposed preferential issue of equity shares for consideration other than cash, as part of the acquisition of Giskard Datatech. The filing includes pre- and post-issue shareholding on a fully diluted basis and confirms no change in control except a 1.97% reduction in promoter holding.filing
15 Oct 2026H1FY27 consolidated total income rose to ₹17484.26 lakh, +12.8% YoY, but PAT fell 11.1% to ₹1862.90 lakh and EPS fell 39.2% to ₹4.08 as rights-issue dilution and higher operating costs offset growth.filing
15 Oct 20265paisa Capital reports Q2FY27 income up 12% YoY to Rs 86.5 crore but profit after tax drops 26% to Rs 7.1 crore.5paisa Capital released its unaudited Q2FY27 financial results: consolidated income of Rs 86.5 crore (up 12% YoY), profit before tax Rs 9.5 crore (down 26% YoY), profit after tax Rs 7.1 crore (down 26% YoY). For H1FY27, income Rs 174.9 crore (up 13% YoY), PAT Rs 18.7 crore (down 11% YoY). The company added 0.82 lakh new clients, bringing total to 53.4 lakh. It also highlighted the launch of a new trading app, collaboration with OpenAI, and proposed acquisition of Giskard Datatech.filing

Quick answers

What did 5paisa Capital disclose?
On 23 October 2026, 5paisa Capital (NSE: 5PAISA, BSE: 540776) held its first earnings conference call in this platform’s tracked history, reporting consolidated revenue of ₹86.5 Cr and net profit of ₹7.1 Cr for Q2 FY27 (concall transcript filing, BSE, 23 Oct 2026).
What are the key numbers?
The rights issue that reshaped the balance sheet surfaced in the Q1 FY27 filings. The results published on 16 July 2026 showed consolidated income of ₹88.33 Cr, up 14% year‑on‑year, and profit after tax of ₹11.57 Cr, roughly flat.
What does 5paisa Capital say comes next?
The 23 October 2026 concall summary (filed with BSE) noted a net worth of ₹1,136 Cr, built through the rights issue, and described the forward agenda as “scaling client funding and app‑led tech upgrades.” The presentation accompanying the quarter flagged a new trading app, a collaboration with OpenAI, and the forthcoming integration of Giskard Datatech.

Research and educational content only. Not investment advice. Drafted from regulatory filings and published automatically — see our editorial policy.