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5Paisa Capital Ltd Q4FY21 consolidated net profit surges to Rs. 5.85 crore



Posted On : 2021-04-21 10:22:31( TIMEZONE : IST )

5Paisa Capital Ltd Q4FY21 consolidated net profit surges to Rs. 5.85 crore

5paisa Capital Ltd has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.49.89 crores during the period ended March 31, 2021 as compared to Rs.49.61 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.5.85 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.3.18 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.2.42 for the period ended March 31, 2021 as compared to Rs.1.25 for the period ended December 31, 2020.

FinancialsQ4 FY20-21Q3 FY20-21% Change
Total Income₹ 49.89 crs₹ 49.61 crsUp Tick 0.56%
Net Profit₹ 5.85 crs₹ 3.18 crsUp Tick 83.96%
EPS₹ 2.42₹ 1.25Up Tick 93.6%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.49.89 crores during the period ended March 31, 2021 as compared to Rs.35.40 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.5.85 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.(1.70) crores for the period ended March 31, 2020.

The company has reported EPS of Rs.2.42 for the period ended March 31, 2021 as compared to Rs.(0.73) for the period ended March 31, 2020.

FinancialsQ4 FY20-21Q4 FY19-20% Change
Total Income₹ 49.89 crs₹ 35.40 crsUp Tick 40.93%
Net Profit₹ 5.85 crs₹ (1.70) crsUp Tick 444.12%
EPS₹ 2.42₹ (0.73)Up Tick 431.51%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.194.57 crores during the 12 months period ended March 31, 2021 as compared to Rs.108.27 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.14.68 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.(7.89) crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.5.73 for the 12 months period ended March 31, 2021 as compared to Rs.(3.39) for the 12 months period ended March 31, 2020.

FinancialsYear Ended FY20-21Year Ended FY19-20% Change
Total Income₹ 194.57 crs₹ 108.27 crsUp Tick 79.71%
Net Profit₹ 14.68 crs₹ (7.89) crsUp Tick 286.06%
EPS₹ 5.73₹(3.39)Up Tick 269.03%

Business Highlights

The company on-boarded more than 2,00,000 new clients during the quarter, taking the total number of registered customers to 13.5 lacs. The 5paisa Mobile App had about 69,90,000 downloads at the end of the quarter with a 4.0+ Star rating on Playstore. The income from standalone capital market business for the quarter stood at Rs. 49.8 Cr, up 41% y-o-y. Total Comprehensive income from the standalone business stood at Rs. 6.5 Cr, up 450% y-o-y. At consolidated level, total income has grown by 41% y-o-y and operating expenses increased by 17% y-o-y, resulting in total comprehensive income of Rs 6.2 Cr for the quarter.

Prakarsh Gagdani, Whole-Time Director and CEO, 5paisa Capital Ltd., commented on the financial results: "I am delighted to report Profit after tax of Rs. 14.7 Cr for the full year ended March 31, 2021. Our sustained efforts on focusing on growth backed by revenues and cost efficiency has helped us to report full year profits in our 5th year of operations. I am equally thrilled and extremely excited for the new phase of growth 5paisa will embark on with the proposed capital infusion of Rs. 250 Cr. 5Paisa as a part of our reorientation strategy will transform from being a mere discount broker to a digital financial platform in coming quarters. Our strategy of focusing on profitable growth, sustained revenue stream with multi product offering, organic growth of customer acquisition will be the driving force with technology as the sole means to achieve our goal".

Shares of 5paisa Capital Ltd was last trading in BSE at Rs.392 as compared to the previous close of Rs. 399.75. The total number of shares traded during the day was 26824 in over 1284 trades.

The stock hit an intraday high of Rs. 416.7 and intraday low of 371. The net turnover during the day was Rs. 10818406.

Source : Equity Bulls

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