5paisa - Aggressively Growing Discount Broker

Cash equivalents is greater than market cap. Is there any sebi requirement for minimum cash for a broker. I can’t understand why it is trading at a market cap less than cash equivalents. Can someone clarify?

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:no_entry: Sales down 24% YoY
:no_entry: PAT down 43% YoY

:yellow_circle: Sales up % QoQ
:yellow_circle: PAT up 15% QoQ