5paisa Capital Limited has submitted the transcript of its Earnings Conference Call concerning the Unaudited Financial Results (Consolidated & Standalone) for the quarter and nine months ended December 31, 2025. The conference call was held on Wednesday, January 14, 2026, at 02:00 PM IST.

During the quarter (Q3 FY26), the company witnessed strong traction in retail participation, with retail exchange premium for F&O ADTO improving by 15% QoQ to ₹63,900 crores, while retail cash ADTO remained stable at ₹39,810 crores. The industry-wide MTF book crossed ₹1.1 lakh crores. 5paisa acquired approximately 78,000 new customers, bringing the total customer base to 5.08 million. Operationally, notional ADTO grew by 24% QoQ to ₹3.31 trillion. The average client funding book stood at ₹379 crores (up 4% QoQ), and mutual fund AUM reached ₹1,868 crores (up 13% QoQ).

Financially, broking revenue grew 7% QoQ to ₹37.1 crores, and allied income was ₹19.8 crores (up 2% QoQ). Total revenue for the quarter was ₹79.4 crore, a 3% QoQ growth. Employee benefit expenses rose by 9% due to new talent additions and a one-time hit of ₹6.20 lakh from new labor laws. Profit After Tax (PAT) for Q3 FY26 was ₹12.3 crores, a 30% QoQ growth, with a PAT margin of 16%. Net worth stood at ₹639 crore as of December 31, 2025.

Product and technology enhancements included improved derivatives trading features, instant margin credit on stock selling, an expanded Pay Later MTF covering over 1,500 stocks with limits up to ₹3 crores, and lower interest rates. Onboarding improvements led to faster account activation. Tech enhancements focused on trading performance, market feed API optimization, and improved charting experience. The company remains committed to leveraging AI to enhance customer experience.