5paisa Capital Q1 Review - Capital Raising To Aid Business Growth Ahead: ICICI Direct

5paisa Capital Q1 Review - Capital Raising To Aid Business Growth Ahead: ICICI Direct

Employees work at computers at a brokerage firm in Mumbai, India. (Photographer Dhiraj Singh/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

5Paisa Capital Ltd. reported healthy Q1 FY22 results.

Key takeaways of results and conference call-

  • Highest quarterly client addition at 2.78 lakh taking client base to 16.3 lakh,

  • Average daily turnover increased 9% QoQ to Rs 57,730 crore with market share steady at ~1.2%,

  • Surge seen in average client funding book (margin trading facility) to Rs 224 crore in Q1 FY22 versus Rs 154 crore in Q4 FY21,

  • Focus on client acquisition, upgradation of technology and new product addition to continue ahead,

  • 5Paisa Capital's market share of derivative segment has dipped YoY at ~3%.

Click on the attachment to read the full report:

ICICI Direct 5Paisa Q1FY22 Results Update.pdf
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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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