5paisa Capital has released its Q3 financial results, reflecting a challenging quarter with declines across major financial metrics compared to the same period in the previous year. The brokerage firm's performance indicates pressure on both revenue generation and profitability during the quarter.

Financial Performance Overview

The company's Q3 results show a comprehensive decline in key financial indicators. Net profit for the quarter decreased significantly, while revenue and EBITDA also witnessed year-on-year contractions, pointing to operational challenges during the period.

Profitability Analysis

The company's net profit declined to ₹123.00 million in Q3 from ₹161.00 million in the corresponding quarter of the previous year, marking a decrease of 23.60%. This significant drop in bottom-line performance reflects the impact of reduced revenue and operational efficiency challenges.

Revenue and Operational Metrics

Revenue for Q3 stood at ₹793.00 million, down from ₹853.00 million in the same quarter last year, representing a 7.03% year-on-year decline. The revenue contraction indicates challenges in business volume or pricing during the quarter.

EBITDA performance also showed weakness, declining to ₹268.00 million from ₹300.00 million year-on-year, a decrease of 10.67%. More notably, the EBITDA margin compressed to 33.85% compared to 35.21% in Q3 of the previous year, indicating reduced operational efficiency and margin pressure.

Margin Performance

The compression in EBITDA margin by 136 basis points to 33.85% suggests that the company faced challenges in maintaining its operational efficiency. Despite the margin pressure, the company maintained a relatively healthy EBITDA margin above 33%, indicating its ability to preserve profitability levels even in a challenging operating environment.

5paisa Capital Limited has announced the appointment of three Senior Managerial Personnel (SMPs) effective January 14, 2026. The Board of Directors approved these appointments on January 13, 2026, based on recommendations from the Nomination and Remuneration Committee, in compliance with Regulation 30 of the SEBI Listing Regulations.

Key Appointments

The company has appointed three experienced professionals to lead critical functions:

All three appointments are full-time employment positions and have been designated as Senior Managerial Personnel of the company.

Leadership Profiles

Ms. Geetha Menon - Head of Human Resources

Ms. Geetha S. Menon brings over 20 years of experience in human resources across financial services and IT services industries. She holds a Masters in Personnel Management & Industrial Relations from Mahatma Gandhi University and a degree in Economics. In her previous role, she served as Head HR at IIFL Capital and Head Business HR Partner for Corporate functions. She also serves as a director at IIFL Foundation, leading human resources strategy and operations.

Mr. Abhinav Agarwal - Head of Investing Product

Mr. Abhinav Agarwal has nearly 13 years of experience specializing in digital product strategy and development within financial services, including equities, derivatives, mutual funds, fixed income securities, and wealth management solutions. He holds a PGDM in Finance from BIMTECH and an Executive MBA from ISB. His previous roles include SVP Product Manager at Motilal Oswal, SVP Product Management at INDMoney, and positions at HDFC Bank.

Mr. Dinesh Singh - Head of Design

Mr. Dinesh Singh is a seasoned design leader with over 19 years of experience in product design, user experience, and user research. He has held senior leadership positions including:

• Head of Design at Paytm, where he helped build the ecosystem from inception to IPO
• Head of Design at Freshworks, modernizing their global SaaS platform
• Leadership roles at Stashfin, Times Internet Ltd., Mindtree Consulting, and Sinch

At Paytm, his work spanned payments, Paytm Payments Bank, POS, Soundbox, FASTag, lending, insurance, entertainment, and the merchant ecosystem.

Regulatory Compliance

The appointments comply with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided requisite disclosures as per SEBI circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Complete disclosure details are available on the company's investor relations website.

Strategic Impact

These appointments strengthen 5paisa Capital's leadership across three critical areas - human resources, product development, and design excellence. The new leaders bring extensive experience from leading financial services and technology companies, positioning the company for continued growth and innovation in the competitive fintech landscape.