Board approves Sept 2026 results and IFSC GIFT City unit; auditor notes Rs. 33.02 crore tax demand
Board meeting on Oct 15, 2026 approved the unaudited consolidated and standalone results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 8,641.71 | 7,716.99 | +12% | 8,832.92 | −2.2% |
| Total income | 8,646.20 | 7,730.20 | +11.8% | 8,838.06 | −2.2% |
| Profit before tax | 946.20 | 1,274.20 | −25.7% | 1,544.85 | −38.8% |
| Profit after tax | 705.95 | 948.17 | −25.5% | 1,156.94 | −39% |
| Total comprehensive income | 698.29 | 952.79 | −26.7% | 1,143.11 | −38.9% |
| Basic EPS | 1.55 | 3.04 | −49% | 2.60 | −40.4% |
- Profit after tax YoY change
- −25.5%
- Period
- Quarter ended Sept 30, 2026
Also decided at the meeting
- Approved establishment of "5paisa Capital Limited (IFSC Branch)" as a Strategic Business Unit at IFSC, GIFT City, Gujarat for Broker Dealer (Trading Member) activities, subject to regulatory approvals.
Auditor's review
Conclusion: Unmodified
- Emphasis of matter: Income-tax search at premises of the Holding Company and subsidiaries; Holding Company received demand order of ₹33.02 crore, has shared an appeal and is confident of favourable order.
Notes to the results
- Income-tax assessment order dated May 5, 2026 for block period April 1, 2018 to February 3, 2025 raised demand of ₹33.02 crore; Company has appealed to CIT(A).
- Board on July 28, 2026 approved acquisition of 100% of Giskard Datatech Private Limited via cash and share swap, with preferential issue of 20,50,588 equity shares.
- During the quarter the Company acquired a 19.76% stake in Giskard (1,339 equity and 33,379 preference shares) for cash consideration of ₹40.95 crore.
- Rights issue of 1,56,27,419 equity shares at ₹300 per share aggregating ₹468.82 crore; paid-up equity capital increased from ₹31.25 crore to ₹46.88 crore.
What the board approved
- Unaudited financial results, consolidated and standalone, for the quarter and half year ended September 30, 2026, along with the Limited Review Report signed by the statutory auditors.
- Establishment of "5paisa Capital Limited (IFSC Branch)" as a Strategic Business Unit at the IFSC, GIFT City, Gujarat, for Broker Dealer (Trading Member) activities under the IFSCA framework, subject to obtaining the necessary regulatory approvals and registrations.
The results, consolidated (figures as printed, in ₹ in lacs)
- Total income: 17,484.26 for the half year ended September 30, 2026, against 15,507.47 for the half year ended September 30, 2025.
- Profit/(loss) for the period: 1,862.90 for the half year ended September 30, 2026, against 2,103.02 for the half year ended September 30, 2025.
- Both the consolidated and the standalone statements have been approved and shared with the stock exchanges.
Auditor's review conclusion
- The auditors stated that nothing came to their attention that causes them to believe the statements contain any material misstatement; the review conclusion is unmodified.
- Emphasis of Matter: the update describes an income-tax search at the company's premises in January 2025 and an assessment order dated May 5, 2026, raising a demand of ₹33.02 crore, arising mainly from disallowance of certain expenses and inclusion of certain income. The company has shared an appeal with the CIT(A) and is confident of a favourable order. The auditors state their opinion is not modified in respect of this matter.
- Other Matter: the interim financial results of one subsidiary were reviewed by other auditors, and the conclusion on the statement, so far as it relates to that subsidiary, is based on the other auditors' report.
Corporate actions covered in the notes
- Giskard Datatech Private Limited: the board approved acquiring 100% of its paid up share capital through a combination of cash consideration and a share swap, and applications have been shared with the statutory and regulatory authorities; on completion Giskard is to become a wholly owned subsidiary. During the quarter, the company acquired a 19.76% stake in the target company for a cash consideration of ₹40.95 crore.
- Rights issue: the company undertook a rights issue aggregating to ₹468.82 crore; the allotment of equity shares was approved by the board on April 13, 2026 and the paid up equity share capital of the company has increased.
Points a reader may weigh
- The results carry an unmodified review conclusion, while the income-tax demand is a matter under appeal with the CIT(A).
- The IFSC Branch at GIFT City is subject to receipt of the necessary approvals and registrations.
Also from 5paisa Capital
Q2 FY27 earnings call: quarter revenue, net profit, new app and Trendlyne plans discussed
23 Oct 2026
Q2FY27 results: consolidated income Rs. 86.5 Crore up 12% y-o-y, profit after tax Rs. 7.1 Crore down 26% y-o-y
15 Oct 2026
Investor presentation on Q2 FY27 unaudited results: customer base 53.4 Lakh, profit after tax ₹71 Mn
15 Oct 2026
More numbers
- Total income (consolidated), half year ended Sept 30, 202617,484.26 lacs
- Total income (consolidated), half year ended Sept 30, 202515,507.47 lacs
- Profit/(loss) for the period (consolidated), half year ended Sept 30, 20261,862.90 lacs
- Profit/(loss) for the period (consolidated), half year ended Sept 30, 20252,103.02 lacs
- Income-tax demand received₹33.02 crore
- Stake acquired in Giskard Datatech during the quarter19.76%
- Cash consideration for the Giskard Datatech stake₹40.95 crore
- Rights issue aggregating to₹468.82 crore
- Total income, latest quarter8,646.20 (₹ in lacs)
- Total income, year-ago quarter7,730.20 (₹ in lacs)
- Total income, previous quarter8,838.06 (₹ in lacs)
- Total comprehensive income, latest quarter698.29 (₹ in lacs)
- Total comprehensive income, year-ago quarter952.79 (₹ in lacs)
- Total comprehensive income, previous quarter1,143.11 (₹ in lacs)
- Profit after tax, latest quarter705.95 (₹ in lacs)
- Profit after tax, year-ago quarter948.17 (₹ in lacs)
- Profit after tax, previous quarter1,156.94 (₹ in lacs)
- Revenue from operations, latest quarter8,641.71 (₹ in lacs)
- Revenue from operations, year-ago quarter7,716.99 (₹ in lacs)
- Revenue from operations, previous quarter8,832.92 (₹ in lacs)
- Profit before tax, latest quarter946.20 (₹ in lacs)
- Profit before tax, year-ago quarter1,274.20 (₹ in lacs)
- Profit before tax, previous quarter1,544.85 (₹ in lacs)
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