One MobiKwik Systems Reports Profitable Q4, Shares Decline
One MobiKwik Systems slides after Q4 results
Business Standard
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One MobiKwik Systems saw a 5.03% drop in shares to ₹216 despite reporting a consolidated profit of ₹4.4 crore for Q4 FY26, a significant recovery from a loss of ₹56 crore a year prior. Investors remain cautious due to full-year losses and ongoing investments in new business ventures.
- 01One MobiKwik reported a profit of ₹4.4 crore in Q4 FY26, a turnaround from a ₹56 crore loss in Q4 FY25.
- 02Total income increased by 6.3% year-on-year to ₹296 crore, but declined 0.4% sequentially.
- 03Payments GMV surged 58% year-on-year to ₹52,400 crore, marking a record high for the 13th consecutive quarter.
- 04The company's EBITDA improved significantly, standing at ₹17.4 crore compared to a loss of ₹45.8 crore in the previous year.
- 05For FY26, the net loss narrowed to ₹62.1 crore from ₹121.5 crore in FY25, indicating progress despite overall income decline.
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One MobiKwik Systems experienced a 5.03% decline in share price to ₹216 following its Q4 FY26 results, which showcased a consolidated profit of ₹4.4 crore, a notable recovery from a ₹56 crore loss in the same quarter last year. The company's total income rose by 6.3% year-on-year to ₹296 crore, although it saw a slight sequential decline of 0.4%. Significant growth was noted in Payments Gross Merchandise Value (GMV), which increased by 58% year-on-year to ₹52,400 crore, achieving a record high for the 13th consecutive quarter. EBITDA also saw a positive swing, reaching ₹17.4 crore, compared to a loss of ₹45.8 crore a year earlier. Despite these gains, the company reported a net loss of ₹62.1 crore for the fiscal year, improved from ₹121.5 crore in FY25. The firm emphasized its commitment to investing in merchant acquiring and AI-driven products while maintaining profitability in its core consumer payments and lending business.
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The company's financial performance may influence investor confidence and the broader digital payments market in India, affecting stakeholders including users and merchants.
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