Analysts/Institutional Investor Meet/Con. Call Updates

October 23, 2026 To, To, The Manager, The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Limited, Phiroze Jeejeebhoy Tower, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001. Mumbai – 400 051. BSE Scrip Code: 540776 NSE Symbol: 5PAISA Subject: Transcript of Earnings Conference Call - Q2 FY 2026-27 Dear Sir / Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, and further to our earlier intimation dated October 13, 2026 with respect to the scheduling of the Earnings Conference Call, please find enclosed herewith the transcript of the said Earnings Conference Call which was held on October 16, 2026. The aforesaid transcript is also available on the website of the Company at https://www.5paisa.com/investor- relations/recordings. Further, we hereby confirm that no unpublished price sensitive information was shared or discussed during the said Earnings Conference Call. Kindly take the same on record and oblige. For 5paisa Capital Limited Mehul Somaiya Company Secretary and Compliance Officer ACS - 43026 Email: csteam@5paisa.com Place: Thane Encl: As above 5paisa Capital Limited Registered Office: IIFL House, Sun Infotech Park, Road No.16V, Plot No. B-23, Wagle Estate, Thane - 400604 Tel.: +91 22 41035000 I E-mail: support@5paisa.com I Website: www.5paisa.com I CIN: L67190MH2007PLC289249 5paisa Capital Limited Q2 FY27 Earnings Conference Call Event Date/Time : 16/10/2026, 14.00 Hrs Event Duration : 10 mins 13 secs MANAGEMENT DETAILS: Mr. Gaurav Seth Managing Director & Chief Executive Officer Mr. Gourav Munjal Whole-Time Director & Chief Financial Officer Q&A PARTICIPANTS: 1 Daksh Prashar : Desvelado Advisory Moderator Good afternoon, ladies and gentlemen. I am Mohana, moderator for the conference call. Welcome to 5paisa Capital Limited Q2 FY27 Earnings Conference Call. As a reminder, all participants will be in listen- only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing * then 0 on your touch-tone telephone. Please note, this conference is recorded. I would now like to hand over the floor to Mr. Gaurav Seth. Thank you, and over to you, sir. Gaurav Seth Hello. Hi. Can you all hear me? Moderator Yes, sir. Gaurav Seth Thank you. Hi. Good afternoon, everyone, and welcome to 5paisa Capital’s Q2 FY 2026-27 Earnings Call. Before I get into the numbers, I wanted to say a few words about the purpose and the objective by which 5paisa was formed many years back, as one of the earliest discount brokerages in the Country. When we started 5paisa, we wanted any Indian with the phone to be able to invest in the market at a fair cost in a completely digital manner, with support as good as a traditional broker. So, that was our original vision. That is what still drives us to this day, and we keep fixing things that slow our customers down. And we keep adding products as they need to grow. To give you an example, more than 95% of customers who joined us this quarter opened their accounts completely on their own, which is in a DIY fashion. 5paisa Capital Limited Q2 FY27 Earnings Conference Call 16.10.2026 A lot of our work in this quarter went into preparing for the year ahead. We want our growth to come from customers who enjoy using the product. The new 5paisa trading and investing app is the biggest step in that direction. We have rebuilt the grounds up with robust back-end APIs, a completely new OMS and RMS system, powering up fast, low-latency front end. Orders now go through in a single swipe. Traders can build option positions directly from the option chain and also use the AI assistant known as Ask 5paisa for research, portfolio analysis, trading and investing insights. And we are also going to launch something related to IPO in the near future. Collateral from shares, mutual funds, and ETFs is now managed in one place and withdrawals up to INR 2 lakh each customer's account almost instantly. During this quarter, we capitalized about INR 62 million of costs on this build, and we expect to pay it off over the next several years. Coming to our performance, we serve 53.4 lakh customers today, added close to 81,600 new Customer during the quarter, and have more than 24 million app users. Revenue for the quarter was INR 865 million or INR 86.5 crores. For the first half, revenue grew 13% to about INR 1,750 million. Allied broking income grew 25% YoY, and other operating income grew 18%. Net Profit was INR 7.1 crore, lower than Q1, because we choose to keep investing in technology, product, and brands even though trading activity was slower across the board. It was a soft quarter for the overall market. Derivatives volume dropped after the cash rollout, and active NSE clients stayed at about 46 million overall. Our average daily turnover was INR 2.59 trillion, reflected the same trend. That said, the long- term picture is still very encouraging. India added roughly 16 million demat accounts in the first half, and domestic funds and households continue to own the largest share of listed companies. We see it as a phase in the cycle, and we're using this time to build a stronger business. The rights issue has significantly strengthened our Balance Sheet. Our net worth now is INR 11,360 million, or INR 1,136 crores, compared with INR 650 crores at the end of March 2026. This gives us room to grow our client funding business, and we are doing it carefully. Average funding book is around INR 480 crores, spread across a large number of clients rather than concentrated in a few clients. Mutual fund assets on our platform now are at INR 2,095 crores. We've also contributed to add to our product range with the AlgoSpace, which is our algo trading platform. Everyday traders can run readymade automated strategies across cash, futures and options, which earlier required coding knowledge. For our most active traders, we offer Xstreme APIs, co-location, and the F&O 360 platform. Trendlyne is a company that we acquired. We'll bring research, theme baskets, and portfolio analysis directly to the 5paisa app. A few words on Artificial Intelligence. We believe we have changed what customers expect from an investing app and how quickly we can build what they need. Our customers are already using it to research stocks, read open interest, spot chart patterns, check the health of the portfolios, and build option strategies. Within the Company, that's changed the way our engineering, design, and services team work. You will see it in every product, we launch from here on. To sum up, our purpose remains the same. We are investing for the long term, and we believe our best years are still ahead of us. Thank you for your continued support. 5paisa Capital Limited Q2 FY27 Earnings Conference Call 16.10.2026 Now, happy to take any questions. Thank you. Moderator Thank you, sir. Ladies and gentlemen, we will now begin the question-and-answer session. If you have a question, please press * and 1 on your telephone keypad, and wait for your turn to ask the question. If you'd like to withdraw your request, you may do so by pressing * and 1 again. Ladies and gentlemen, if you have any question, please press * and 1 on your telephone keypad. The first question comes from Mahesh Tolani from Goquarter. Please go ahead. Mahesh, sir, please go ahead with your question, sir. There is no response, sir. We move on to the next question. The next question comes from Daksh Prashar from Desvelado. Please go ahead, sir. Daksh Prashar Hi, sir. Am I audible? Moderator Yes, sir. Gaurav Seth Yes. Daksh Prashar Sir, my question was on the acquisition of Trendlyne. Could you shed some light on how you plan to position the platform going forward? Integrating [Showing first 8,000 characters — download PDF for full document]