5paisa Q4 FY26: Higher revenue, softer profitability as costs rise

Consolidated total income from operations was INR 855 million in Q4 FY26 (up 8% QoQ). PAT was INR 108 million (down 12% QoQ).

Q4 FY26 mix disclosed as Broking 49%, Allied 24%, and Other 27% of total income from operations (INR 855 million).

Customer base was 51.8 lakh, customer acquisition was 103k, app users were 23.4 million, notional ADTO was INR 3.40 trillion, and total orders were 26.3 million.

Mutual fund AUM was INR 1,761 crore, down 6% QoQ. Management said part of the decline was mark-to-market due to market fall.

Management said the proceeds will be used to support exchange margin requirements for higher volumes, grow the MTF book, and invest in marketing plus product, tech, and AI. CFO said margin capacity increased to 1.5x.

Management stated approximately 2% market share in both F&O and cash.