5paisa Capital Limited has reported its consolidated financial results for the quarter ended December 31, 2025, showing mixed performance amid regulatory challenges. The online stockbroking and financial services company announced these results following a Board meeting held on January 13, 2026.

Financial Performance Overview

The company's financial performance for Q3FY26 reflected both challenges and resilience in a dynamic market environment.

Revenue Composition and Trends

The company's revenue streams showed varied performance during the quarter. Interest income grew to ₹3,472.36 lakhs from ₹3,121.37 lakhs in Q3FY25, representing an 11.24% increase. However, fees and commission income declined significantly to ₹4,455.14 lakhs from ₹5,405.33 lakhs, a decrease of 17.58%.

For the nine-month period ended December 31, 2025, total revenue from operations stood at ₹23,413.38 lakhs compared to ₹28,830.02 lakhs in the corresponding period of the previous year, indicating an 18.79% decline.

Expense Management and Profitability

Total expenses for Q3FY26 were ₹6,280.43 lakhs compared to ₹6,376.26 lakhs in Q3FY25, showing controlled cost management. Key expense categories included:

• Employee benefits expense: ₹2,233.94 lakhs (up from ₹1,903.94 lakhs)
• Finance cost: ₹821.25 lakhs (increased from ₹541.20 lakhs)
• Other expenses: ₹3,008.90 lakhs (down from ₹3,621.13 lakhs)

The company's profit before tax for the quarter was ₹1,653.23 lakhs, with tax expenses of ₹423.27 lakhs.

Regulatory Developments and Challenges

The company faced several regulatory matters during the period. In January 2025, the Income Tax Department conducted a search operation at 5paisa Capital's premises. The company received a notice under Section 158BC of the Income Tax Act on October 6, 2025, requiring filing of a revised return for the period from April 1, 2018, to February 3, 2025, with which the company has complied.

Additionally, the company received a Show Cause Notice from SEBI on September 10, 2025, regarding its Research Analyst License that expired on April 2, 2022. The company has submitted its response within the prescribed timeline.

Leadership Appointments and Corporate Actions

The Board approved the appointment of three new senior managerial personnel:

During the period, the company allotted 6,000 equity shares pursuant to stock option exercises under the 5Paisa Employee Stock Option Scheme-2017. The paid-up equity share capital stood at ₹3,124.23 lakhs as of December 31, 2025.

Key Financial Ratios and Metrics

The company's financial health indicators for the nine-month period showed:

The company operates through four wholly-owned subsidiaries: 5paisa P2P Limited, 5paisa Trading Limited, 5paisa Corporate Services Limited, and 5paisa International Securities (IFSC) Limited, maintaining its diversified approach to financial services delivery.

5paisa capital Limited has scheduled an earnings conference call for January 14, 2026, to discuss its financial performance for the third quarter of fiscal year 2026. The announcement was made through a regulatory filing dated January 09, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conference Call Details

The earnings conference call is scheduled to take place on Wednesday, January 14, 2026, at 02:00 PM IST. The call will focus on the company's unaudited financial results for the quarter and nine months ended December 31, 2025.

Call Structure and Format

The conference call will follow a structured format designed to provide comprehensive insights into the company's quarterly performance. The session will begin with a brief management discussion covering the Q3 and FY 2025-26 financial results, which are scheduled to be announced on Tuesday, January 13, 2026.

Following the management presentation, participants will have the opportunity to engage in an interactive Question and Answer session. This format allows investors and analysts to seek clarification on specific aspects of the company's financial performance and business operations.

Regulatory Compliance and Accessibility

The earnings call announcement demonstrates 5paisa Capital's commitment to maintaining transparency with its stakeholders and adhering to regulatory requirements. The company has made detailed information about the earnings call available on its official website at the investor relations section.

Investors and interested parties can access additional information and participation details through the company's dedicated investor relations portal. The formal communication was signed by Charvi Panchmatia, Company Secretary & Compliance Officer, ensuring proper regulatory compliance and documentation.