Onelife Capital Advisors Ltd Management Discussions

1. FINANCIAL PERFORMANCE & OPERATIONAL STRENGTH

Onelife Capital Advisors Limited (OCAL) achieved a pivotal operational milestone during the current fiscal year by successfully concluding its ?36.00 Crore Rights Issue in March 2026. This capital—raised by issuing 2400.00 Lakhs Equity Shares at ?15 per share (inclusive of a ?5 premium)—has expanded the Companys paid-up equity share capital base to ?3,736.00 Lakhs.

In strict alignment with the stated objects of the issue, the direct deployment of these proceeds into our wholly owned stock broking and financial services subsidiary, Dealmoney Commodities Private Limited (DCPL), is actively underway. As of the financial year-end, 75% of the issue proceeds (?22.50 Crores) has been successfully deployed and transferred to DCPL to meet its strategic margin money requirements. This structured mobilization of capital substantially enhances the groups institutional capital adequacy and fortifies our core financial services infrastructure for long-term scalability.

On a standalone basis, the Company recorded a Total Income of ?679.61 Lakhs, while total operational expenses were disciplined at ?464.62 Lakhs, yielding a Standalone Profit After Tax of ?208.16 Lakhs. On a consolidated basis, the Group delivered a strong Total Income of ?3,051.55 Lakhs and clocked a Consolidated Net Profit After Tax of ?550.50 Lakhs, underscoring our robust revenue-generating capabilities across our diverse business modules.

The domestic economic landscape stands as a beacon of growth, driven by sustained public capital expenditures, rising disposable household incomes, and an unprecedented expansion in structured retail investment participation. The structural financialization of domestic savings is highlighted by Indian capital markets expanding their total unique trading accounts significantly, with aggregate demand accounts across the industry logging a robust trajectory to touch 22.45 Crore.

Concurrently, middle-market enterprises and family offices face a highly dynamic ecosystem that actively demands sophisticated institutional corporate finance solutions, custom debt syndication, and transaction planning. While traditional public banking networks and digital startup platforms create a highly competitive environment, OCALs unique asset lies in its integrated partner-driven referral framework. This institutional network effect drives a consistent transaction pipeline, structurally lowering Customer Acquisition Costs (CAC) and setting us apart from cash-burning consumer platforms.

The Company runs an integrated multi-vertical play designed to drive robust cross-selling margins and maximize consumer lifetime value through a highly scalable, shared infrastructure model. Operations are optimized through five core corporate and platform categories.

OCAL provides elite corporate finance and specialized boutique investment banking advisory solutions meticulously designed to meet the capital needs of growing corporate accounts, High Net Worth Individuals (HNIs), and family offices:

• Boutique Capital Raising: Engineering custom financial models to maximize capital optimization, private equity placements, and balance sheet restructurings for mid-market clients.
• Corporate Restructuring: Advising evolving corporate accounts on optimal capital budgeting, turnaround mapping, and debt refinancing to unlock embedded stakeholder equity.
• Financial Syndication: Formulating long-term borrowing plans linked directly with premier commercial banking entities and leading Non-Banking Financial Companies (NBFCs).

The Company serves as a dedicated asset holding, funding, and incubation engine, deploying long-term corporate capital into high-yield sectors across the domestic economy

• Subsidiary Performance Governance: Management enforces rigid continuous auditing protocols over all deployed capital across our unlisted holdings, maximizing operational output, asset utilization, and return on equity.
• Capital Preservation Discipline: The group prioritizes protecting financial stability and proving the self-sustainability of current operating models before pursuing external expansion, ensuring a rock-solid balance sheet layout.

Administering a diversified group corporate structure requires highly responsive oversight tools and uniform control mechanisms.

• Centralized Back-Office & Operations Infrastructure: Financial controls, regulatory compliances, and corporate secretarial frameworks are centralized at the parent level, eliminating duplication of roles and reducing operational overhead.
• Human Capital Performance Systems: To optimize productivity, OCAL runs structured talent onboarding, continuous professional training, and variable performance metrics to ensure maximum efficiency across all segments.

Technology serves as the primary transaction processing, workflow automation, and data analytics architecture powering our client engagement tools:

• The "Ready" Branded Suite: Our proprietary portfolio of scalable applications (including Ready Broking, Ready HMS, Ready Shopping, Ready Business, Ready HRMS, and Ready Auto) delivers top-tier software modules handling secure online onboarding, automated lead tracking, and analytical reporting.
• Open Gateway Integration: These enterprise applications function as a seamless digital business interface, allowing customers, business owners, sub-brokers, agents, and external strategic partners to coordinate business volume under automated, auditable reporting controls.

The strategic crown jewel of our technology play is the sequential optimization and commercial scaling of our proprietary unified application platform, "Onelifetouch."

• Unified Digital Architecture: This Super App directly resolves the fragmentation of the current Indian digital services market by bringing stock broking, credit syndication, healthcare logistics, real estate transactions, and e-commerce into a single sign-in framework. A unified digital profile matrix and shared transaction wallet maximize consumer retention and stickiness.
• Decentralized Earning Network: The platform integrates an algorithmic Partner and Agent Portal, transforming every registered merchant, sub-broker, and user into an active cross-vertical referrer. This lifetime referral engine generates an organic lead pipeline, insulating the group from the heavy marketing expenses that limit standalone digital platforms.

Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, the groups key financial metrics reflect our structural financial stability and efficient risk protection mechanisms.

Current Ratio: Logged at 2.82 a substantial expansion from the preceding years value of 1.13. This powerful liquidity position is driven by fresh rights issue proceeds and the proactive settlement of short-term liabilities.

Debt-Equity Ratio: Maintained at a highly conservative 0.10. This conservative leverage ratio shows that our equity base expansion via the rights issue has successfully insulated the group from structural financial risks.

Return on Equity (ROE): Achieved an upward trajectory to touch 0.02, reflecting improved net profitability margins relative to our newly expanded shareholder funds base.

Return on Capital Employed (ROCE): Logged at 0.02, representing the initial deployment phase of new capital before its full operational revenue capacity is reached in the upcoming cycles.

The Company maintains a robust risk governance framework monitored by the Audit Committee to safeguard assets, maintain data integrity, and address operational contingencies:

Following a temporary information technology system incident, management executed highly effective containment and system recovery measures. Utilizing secure external document backups and verified banking transactions, all financial databases were fully reconstructed with total accuracy. The statutory auditors analyzed these reconstructed databases during the audit cycle and issued an unmodified opinion, validating our data controls. The group has since strengthened its cybersecurity framework, added premium multi-layer encryption, and set up continuous system monitoring protocols to secure its enterprise assets against emerging digital threats.

Management utilizes a highly proactive approach to handle open disputes and protect the group from foreseeable losses:

Cenvat Credit Case: The company continues to dispute an indirect tax demand of 171.92 Lakhs before the Customs, Excise and Service Tax Appellate Tribunal (CESTAT). Based on reliable legal counsel, the group has deposited 86.25 Lakhs under protest as an advance asset and expects a successful resolution.

Direct Tax Appeal: An AY 2012-13 income tax demand of 652.14 Lakhs is currently being actively appealed before the appropriate Commissioner of Income Tax (Appeals) forum. No provision has been recorded, as legal experts confirm a very strong probability of success.

Regulatory Matter Compliance: Regarding a historical related-party disclosure fine of 50.00 Lakhs, the Company obtained a formal stay order from the Securities Appellate Tribunal (SAT). In full compliance with SATs directions, the group deposited 50% of the amount under protest. All initial market restrictions expired on October 20, 2025, and full operational continuity has been restored.

The successful conclusion of the 36.00 Crore Rights Issue marks the completion of the primary phase of OCALs long-term capital roadmap. While the systematic deployment of funds into Dealmoncy Commodities continues, management is actively tracking corporate data to identify the next stable, cash-generating vertical within our multi-industry portfolio to expand rapidly.

To fund this expansion sequentially without impacting existing reserves, the group is exploring subsequent round of corporate funding rounds and institutional capital placement avenues. Our upcoming roadmap focuses on expanding and activating our other high growth business verticals. By combining specialized corporate investment expertise with advanced software automation and premium governance, OCAL is uniquely positioned to deliver sustainable growth and maximize long-term shareholder value across Indias booming digital economy.