Buy 5Paisa Capital, target price Rs 530: ICICI Direct

ICICI Direct has buy call on 5Paisa Capital with a target price of Rs 530. The current market price of 5Paisa Capital Ltd. is Rs 437.5. Time period given by analyst is one year when 5Paisa Capital Ltd. price can reach defined target.
5Paisa Capital Ltd., incorporated in the year 2007, is a Small Cap company (having a market cap of Rs 1282.75 Crore) operating in Financial Services sector.

5Paisa Capital Ltd. key Products/Revenue Segments include Fees & Commission Income and Interest for the year ending 31-Mar-2021.



Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 68.55 Crore, up 12.54 % from last quarter Total Income of Rs 60.91 Crore and up 30.26 % from last year same quarter Total Income of Rs 52.62 Crore. Company reported net profit after tax of Rs 1.39 Crore in latest quarter.

Investment Rationale
The brokerage values 5 Paisa at ~38x P/E on FY23E EPS to arrive at revised target price of Rs 530 per share.

Promoter/FII Holdings
Promoters held 29.96 per cent stake in the company as of 30-Sep-2021, while FIIs owned 25.03 per cent, DIIs 0.02 per cent.