5paisa Capital Ltd. (5PAISA) AI Stock Analysis

• Market Cap: ₹9.66B
• Dividend Yield: N/A
• Average Volume (3M): 45.24K
• Price to Earnings (P/E): 20.4
• Beta (1Y): 1.13
• Revenue Growth: -25.11%
• EPS Growth: -24.87%
• Country: IN
• Employees: 548
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 3.04
• Shares Outstanding: 31,242,338
• 10 Day Avg. Volume: 130,077
• 30 Day Avg. Volume: 45,241
• PEG Ratio: 0.72
• Price to Book (P/B): 1.93
• Price to Sales (P/S): 3.24
• P/FCF Ratio: 12.96
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ₹376.00 ▲(11.82% Upside)

5paisa Capital Ltd. shows strong financial performance with robust revenue growth and a solid balance sheet, which are the most significant factors. Technical indicators suggest caution due to bearish momentum and near-overbought RSI levels. Valuation is reasonable, but the lack of dividend yield may deter income investors.

Positive Factors

Revenue Growth

The company's robust revenue growth over five years indicates a successful expansion strategy and strong market position, enhancing its long-term prospects.

Balance Sheet Health

A declining debt-to-equity ratio and strong equity position reduce financial risk and provide stability, supporting sustainable growth.

Cash Flow Improvement

Positive free cash flow indicates improved cash generation, enhancing financial flexibility and the ability to invest in growth opportunities.

Negative Factors

Revenue Decline

A significant decline in revenue growth suggests potential challenges in maintaining market share or competitive pressures, impacting future performance.

Earnings Volatility

Volatility in EBIT indicates operational challenges that could affect profitability consistency, requiring strategic adjustments for stability.

Cash Flow Management

Instability in cash flow management can hinder the company's ability to fund operations and growth initiatives, posing long-term risks.

5paisa Capital Ltd. Business Overview & Revenue Model

Company Description

5paisa Capital Ltd. (5PAISA) is a leading financial services company in India that operates in the retail brokerage sector. It offers a comprehensive range of services including online trading in equities, commodities, and currencies, as well as mutual funds and insurance products. The company is known for its technology-driven approach, providing users with a user-friendly trading platform, research tools, and investment advisory services aimed at empowering retail investors.

How the Company Makes Money

5paisa Capital Ltd. generates revenue primarily through its brokerage services, charging clients a fee for each trade executed on its platform. The company employs a discount brokerage model, which allows it to offer competitive pricing compared to traditional brokers. Additionally, 5PAISA earns money through subscription fees from its premium services, including advanced trading tools and market insights. Revenue is also generated from the sale of mutual funds and insurance products, where it earns commissions from product providers. Key partnerships with financial institutions and technology providers enhance its service offerings and customer reach, contributing to its overall earnings.

5paisa Capital Ltd. Financial Statement Overview

Summary

5paisa Capital Ltd. showcases strong revenue growth and improved profitability, with a sound balance sheet reducing leverage risks. Cash flow generation has improved, but historical volatility suggests a need for careful cash flow management.

Income Statement

5paisa Capital Ltd. has demonstrated a strong revenue growth trajectory, increasing from 850.07 million to 3,598.46 million from 2020 to 2025. Gross profit margin remains robust, improving significantly over the years. Despite a negative EBIT in 2025, the company achieved a solid net profit margin, which reflects operational efficiency. However, the EBIT margin shows volatility, highlighting potential operational challenges.

Balance Sheet

The balance sheet of 5paisa Capital Ltd. indicates a strong equity position with a debt-to-equity ratio declining over time, suggesting reduced financial risk. The equity ratio is stable, highlighting a solid capital structure. Return on equity has improved, indicating better profitability from shareholders' perspective. High levels of cash and short-term investments provide liquidity buffer.

Cash Flow

Cash flow analysis shows significant improvement in free cash flow, turning positive in 2025. The operating cash flow to net income ratio is positive, indicating healthy cash generation relative to net income. However, past negative operating cash flows and fluctuations in financing activities suggest potential instability in cash flow management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.10B	2.29B	2.59B	2.36B	2.16B	1.47B
Gross Profit	886.57M	939.29M	1.29B	1.03B	1.31B	1.01B
EBITDA	861.79M	1.22B	1.06B	831.50M	434.12M	421.26M
Net Income	472.75M	682.34M	544.41M	435.67M	137.36M	146.90M
Balance Sheet
Total Assets	17.53B	16.67B	20.48B	16.42B	16.09B	8.67B
Cash, Cash Equivalents and Short-Term Investments	12.82B	13.37B	16.37B	13.01B	1.98B	1.81B
Total Debt	1.11B	2.17B	6.88B	1.72B	2.79B	2.37B
Total Liabilities	11.27B	10.63B	15.08B	11.78B	12.35B	7.11B
Stockholders Equity	6.26B	6.04B	5.40B	4.63B	3.74B	1.56B
Cash Flow
Free Cash Flow	0.00	899.03M	-1.11B	110.27M	-1.48B	-20.34M
Operating Cash Flow	0.00	979.35M	-916.85M	245.94M	-1.41B	20.91M
Investing Cash Flow	0.00	-70.31M	-125.38M	-80.64M	-120.42M	-8.14M
Financing Cash Flow	0.00	-1.41B	1.54B	-850.11M	2.25B	-44.82M

5paisa Capital Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 336.25
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:5PAISA, the sentiment is Positive. The current price of 336.25 is above the 20-day moving average (MA) of 318.05, above the 50-day MA of 330.56, and below the 200-day MA of 367.42, indicating a neutral trend. The MACD of 5.05 indicates Negative momentum. The RSI at 57.44 is Neutral, neither overbought nor oversold. The STOCH value of 68.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:5PAISA.

5paisa Capital Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SUNDARMHLD	69 Neutral	₹10.74B	33.12	―	0.85%	61.59%	-17.60%
5PAISA	68 Neutral	₹9.66B	20.43	―	―	-25.11%	-24.87%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
RHFL	42 Neutral	₹1.63B	6.71	―	―	1057.49%	―

5paisa Capital Ltd. Corporate Events

5paisa Capital Opens Special Window for Physical Share Transfers

5paisa Capital Limited has announced the opening of a special window for the re-lodgement of transfer requests for physical shares, as per the regulations set by the Securities and Exchange Board of India. This initiative, communicated through newspaper advertisements, aims to facilitate shareholders in transitioning their physical shareholdings, potentially impacting the company’s operations by streamlining share transfer processes and enhancing shareholder engagement.

5paisa Capital Appoints New Company Secretary and Compliance Officer

5paisa Capital Limited has announced the appointment of Ms. Charvi Panchmatia as the new Company Secretary and Compliance Officer, effective October 10, 2025. Ms. Panchmatia, who brings nine years of experience in company secretarial functions, has been with 5paisa for three years and has played a key role in enhancing the company’s compliance framework. Her appointment is expected to strengthen 5paisa’s governance and regulatory adherence, benefiting stakeholders by ensuring continued compliance with regulatory mandates.

5paisa Capital Appoints New Company Secretary to Strengthen Compliance

5paisa Capital Limited has announced the appointment of Ms. Charvi Panchmatia as the new Company Secretary and Compliance Officer, effective October 10, 2025. With nine years of experience in company secretarial functions and a strong background in compliance, Ms. Panchmatia’s appointment is expected to strengthen the company’s governance and regulatory adherence, potentially enhancing its operational efficiency and stakeholder confidence.

5paisa Capital Merges IT and Cyber Security Committees

5paisa Capital Limited has announced the merger of its Information Technology and Cyber Security Committees into a single entity, now called the Information Technology Committee. This strategic move aligns with SEBI’s recent guidelines allowing Qualified Stock-Brokers to consolidate these functions. The reconstituted committee will be chaired by Mr. Ameya Agnihotri, with the inclusion of an external independent expert in cyber security, reflecting the company’s commitment to robust IT governance and security oversight.