For the quarter and year ended March 31, 2020 (as per INDAS)
- Total income stood at Rs 35.3 Cr for the quarter, up 69% y-o-y
- TCI stood at Rs (-1.9 Cr) for the quarter, up 126% y-o-y and Rs (-8.1 Cr) for the year, down 58% y-o-y
Mr. Prakarsh Gagdani, Whole-Time Director and CEO, 5paisa Capital Ltd., commented on the financial results: "We are very happy to report a strong performance despite these troubled times. We on-boarded over 120,000 customers in the quarter, with March recording the highest single month acquisition. Trading and investment levels remained high even through volatile markets. We are seeing a positive shift in customer behaviour w.r.t. investment habits and expect promising trends in capital markets in the near future."
We maintained our swift pace of client acquisitions with over 120,000 acquisitions in the quarter, crossing 540,000 customers in total. 81% of new clients were from tier II/III cities.
The 5paisa Mobile App has about 41,00,000 downloads till date with a sustained 4.2 Star rating on Playstore.
Our income for the quarter has grown by 32% mainly owing to improved trading activity by existing customers, surge in new client acquisitions and higher cross-sell of financial products.
Our expenditure has increased by 27% q-o-q, predominantly due to higher marketing spends in favour of customer acquisitions.
Shares of 5paisa Capital Ltd was last trading in BSE at Rs.172.5 as compared to the previous close of Rs. 174.95. The total number of shares traded during the day was 1777 in over 145 trades.
The stock hit an intraday high of Rs. 188.95 and intraday low of 163.5. The net turnover during the day was Rs. 302939.