5Paisa Capital Limited, a prominent player in the Indian financial services sector, has announced the appointment of Mr. Ravindra Kalvankar as its interim Compliance Officer. The appointment, which takes effect from July 23, 2025, was approved by the company's Board of Directors through a circular resolution, following a recommendation from the Nomination and Remuneration Committee.

Appointment Details

Mr. Kalvankar's appointment is in accordance with Regulation 18A of SEBI (Stockbroker) Regulation, 1992. The company made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Background

Mr. Ravindra Kalvankar brings a wealth of experience and qualifications to his new role:

• Education: Bachelor's degree in Commerce from Mumbai University
• Professional Qualifications: Qualified Law Graduate and Company Secretary
• Industry Certification: NISM-Series-III A: Securities Intermediaries Compliance (Non-Fund) Certification

Experience and Expertise

With over 12 years of experience in the broking industry, Mr. Kalvankar is well-equipped to handle the responsibilities of his new position. His career highlights include:

• More than a year of association with 5paisa Capital, contributing significantly to the firm's compliance and regulatory framework
• Prior experience working with stock exchanges and various brokerage firms
• Strong proficiency in regulatory compliance
• Expertise in managing and overseeing various types of inspections and audits
• Comprehensive experience in engaging and liaising with principal regulatory authorities, including SEBI, stock exchanges, and depositories

Company Statement

Gourav Munjal, Whole Time Director and Chief Financial Officer of 5paisa Capital Limited, signed the official communication to the stock exchanges. The company has made the detailed disclosure available on its website at www.5paisa.com .

This strategic appointment underscores 5paisa Capital's commitment to maintaining robust compliance standards in its operations. Mr. Kalvankar's extensive experience in the broking industry and his strong background in regulatory compliance are expected to be valuable assets as he takes on this crucial role in the company's leadership team.

5Paisa Capital , a prominent player in the financial services sector, has released its financial results for the first quarter, revealing a mixed performance amidst challenging market conditions.

Financial Highlights

• Net Profit: ₹11.5 crore in Q1, down from ₹20.1 crore in the same quarter last year
• Revenue: ₹77.7 crore, decreased from ₹100 crore in Q1 of the previous year
• Quarter-on-Quarter Performance: Net profit increased from ₹10 crore in the previous quarter

Quarterly Performance Analysis

5Paisa Capital's first-quarter results show a significant year-on-year decline in both net profit and revenue. The company's net profit stood at ₹11.5 crore, marking a 42.8% decrease compared to the ₹20.1 crore reported in the same quarter of the previous year. This downturn in profitability highlights the challenges faced by the company in the current economic environment.

Revenue for the quarter also saw a substantial decrease, coming in at ₹77.7 crore, down from ₹100 crore in the corresponding quarter last year. This 22.3% reduction in revenue suggests a challenging operating environment for 5Paisa Capital during this period.

Sequential Improvement

Despite the year-on-year decline, there's a silver lining in the company's quarter-on-quarter performance. The net profit of ₹11.5 crore in Q1 represents a 15% increase from the ₹10 crore reported in the previous quarter. This sequential improvement may indicate some stabilization or early signs of recovery in the company's operations.

Market Implications

The financial results of 5Paisa Capital reflect the broader challenges currently facing the financial services sector. Factors such as market volatility, changing investor sentiments, and regulatory changes may have contributed to the company's performance this quarter.

As 5Paisa Capital navigates through these challenging times, investors and market analysts will be keenly watching the company's strategies to improve its financial metrics and capitalize on potential growth opportunities in the coming quarters.

The company's ability to adapt to market conditions and implement effective growth strategies will be crucial in determining its financial trajectory in the upcoming quarters.