Interest and depreciation cut 5paisa's Q2FY27 PBT to Rs 9.46 cr
The consolidated operating margin was 34.66 percentage points below the 11-peer Financial Services median as management highlighted an AI-driven transformation.
Filed 15 Oct 2026, 19:04 IST · after market close · 5paisa Capital Ltd (5PAISA)
Key takeaways
- Interest of Rs 9.45 cr and depreciation of Rs 2.91 cr reduced Rs 21.78 cr of operating profit to Rs 9.46 cr of consolidated profit before tax.
- 5paisa's 25.20% operating margin was 34.66 percentage points below the 59.86% median for 11 Financial Services peers and ranked second from the bottom.
- Other income was only Rs 0.04 cr, while the 25.39% tax rate left consolidated net profit at Rs 7.06 cr.
Price around the results
Interest absorbed much of operating profit
5paisa reported consolidated operating profit of Rs 21.78 cr, but interest of Rs 9.45 cr and depreciation of Rs 2.91 cr reduced profit before tax to Rs 9.46 cr. Other income was just Rs 0.04 cr, so the quarter's pre-tax result was driven primarily by operations rather than non-operating income. The 25.39% tax rate brought net profit to Rs 7.06 cr, with EPS at Rs 1.55.
Operating margin trails most Financial Services peers
The 25.20% operating margin was 34.66 percentage points below the 59.86% median among 11 Financial Services companies that had reported the same quarter. 5paisa ranked second from the bottom on this measure, making operating-cost intensity the clearest comparative weakness in the quarter.
AI initiatives are the main strategic update
Management said the company is pursuing an AI-driven transformation and has launched AlgoSpace as part of its product and technology initiatives. The presentation also said 5paisa has created a dedicated AI charter spanning product, engineering and operations, with investment in talent and strategic partnerships.
Results were filed after market close
The consolidated results were filed after market close on 15 October 2026.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 |
|---|---|
| Revenue | ₹86 cr |
| Other income | ₹0 cr |
| Expenses | ₹65 cr |
| Operating profit | ₹22 cr |
| Operating margin (%) | 25.20% |
| Interest | ₹9 cr |
| Depreciation | ₹3 cr |
| Profit before tax | ₹9 cr |
| Tax | ₹2 cr |
| Net profit | ₹7 cr |
| EPS (₹) | ₹1.55 |
Operating margin of 25.20% compares with a Financial Services sector median of 59.86% across 11 peers that have reported Q2FY27.
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
New initiatives
- The company is pursuing an AI-driven transformation.
- The company launched AlgoSpace as part of its product and technology initiatives.
- The company has established a dedicated AI charter across product, engineering and operations, with investment in talent and partnerships.
What to watch
- Whether operating margin moves from 25.20% in the next reported quarter.
- Whether interest expense remains near Rs 9.45 cr as operating profit changes.
- Whether the tax rate moves from 25.39% while net profit remains linked to operating earnings rather than Rs 0.04 cr of other income.