Q1 2025 5Paisa Capital Ltd Earnings Call Transcript
Key Points
- 5paisa Capital Ltd (NSE:5PAISA) reported a significant growth in customer acquisition, with a 116% year-on-year increase, reaching a total customer base of 4.47 million.
- The company's average daily turnover (ADTO) grew by 27% year-on-year, reaching INR3.67 trillion.
- 5paisa Capital Ltd (NSE:5PAISA) achieved its highest ever PAT of INR20.1 crore, marking a 248% quarter-on-quarter growth and a 39% year-on-year increase.
- The mutual fund AUM of the company saw a substantial 90% year-on-year growth, reaching INR1,124 crore.
- The company introduced several technological advancements, including enhanced features for option traders in their mobile app and a revamped web platform, Trade Station 2.0, for high-end traders.
- There was a conscious decision to reduce customer acquisition in the last one to two months to improve the quality of customers, which led to a small drop in acquisition numbers.
- The market share of 5paisa Capital Ltd (NSE:5PAISA) in both the cash and FnO segments stands between 2% to 2.5%, which is lower than previous targets.
- The company has not yet entered the lending business, which could be a potential area for growth and cross-selling income.
- There was a significant ESOP reversal in the quarter, primarily related to the departure of Narayan Gangadhar and other employees.
- The company is currently without a CEO, and the search for a new CEO is ongoing, which may impact strategic direction and investor confidence.
Good afternoon, ladies and gentlemen. I'm Soumya moderator for the conference call. Welcome to 5Paisa Capital Limited Q1 FY25 earnings conference call. We have with us today, Mr. Gourav Munjal, Whole-Time Director and CFO; Mr. Ameya Agnihotri, Whole-Time Director and CTO; and Mr. Mehul Jain, Product Head from 5Paisa Capital Limited. (Operator Instructions). Please note this conference is recorded, and I would now like to hand over the floor to the management. Thank you, and over to you.
Hello, everyone. Good afternoon and welcome to our Q1 FY25 earnings call. On this call, I'm joined with Mr. Ameya Agnihotri, Whole-Time Director and CTO; and Mr. Mehul Jain, our Product Head. Quarter one FY25 has been an excellent quarter for the investors as well as broking industry. During this quarter both indices, Nifty and Sensex has touched all-time high and generated good return for the investor.
And also, overall industry saw a significant addition of more than 11 million Demat
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