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ICICI Direct Report
5Paisa Capital Ltd. reported a good performance on an overall basis.
Quarterly client addition at 3.6 lakh versus 4.0 lakh QoQ but still remains healthy. Active clients as percentage of total customers up 600 basis points QoQ to 64%.
Average daily turnover increased 23% QoQ and 128% YoY to Rs 120598 crore with market share steady at ~1.6%.
5Paisa Capital's total income has grown 78% YoY while operating expenses increased 96% YoY, resulting in profit after tax of Rs 4.7 crore.
Broking income was up 56% YoY to Rs 36 crore while allied income was up 163% YoY to Rs 32.6 crore.
Cost of client acquisition has remained steady QoQ at Rs 768 per customer. Average client funding book increased 107% YoY to Rs 323 crore.
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