One Mobikwik Systems Ltd Share Price – NSE /  BSE

E-Commerce/App based Aggregator, Small Cap

Net profit of One Mobikwik Systems reported to Rs 4.38 crore in the quarter ended March 2026 as against net loss of Rs 56.04 crore during the previous quarter ended March 2025. Sales rose 7.82% to Rs 288.71 crore in the quarter ended March 2026 as against Rs 267.78 crore during the previous quarter ended March 2025.

For the full year,net loss reported to Rs 62.10 crore in the year ended March 2026 as against net loss of Rs 121.53 crore during the previous year ended March 2025. Sales declined 4.35% to Rs 1119.23 crore in the year ended March 2026 as against Rs 1170.17 crore during the previous year ended March 2025.

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The company reported a consolidated profit after tax of Rs 4.4 crore in Q4 FY26 against a loss of Rs 56 crore in Q4 FY25, resulting in a positive swing of Rs 60.4 crore. On a sequential basis, PAT improved from Rs 4.1 crore in Q3 FY26.

Total income increased 6.3% YoY to Rs 296.0 crore in Q4 FY26 from Rs 278.5 crore in Q4 FY25. Sequentially, total income declined marginally by 0.4% from Rs 297.2 crore in Q3 FY26.

Contribution profit surged 112.3% YoY to Rs 135.1 crore in Q4 FY26 from Rs 63.6 crore a year ago. Contribution margin expanded to 46% from 23% in Q4 FY25 and improved from 43% in Q3 FY26.

EBITDA stood at Rs 17.4 crore in Q4 FY26 against a loss of Rs 45.8 crore in Q4 FY25, marking a positive swing. Sequentially, EBITDA rose 16.2% from Rs 14.9 crore in Q3 FY26. This was the company?s second consecutive profitable quarter at the EBITDA level.

Fixed costs stood at Rs 117.7 crore in Q4 FY26 compared with Rs 109.4 crore in Q4 FY25. Fixed costs as a percentage of total income remained broadly stable at 40% versus 39% a year ago.

Payment gateway cost declined to 0.23% of payment GMV in Q4 FY26 from 0.44% in Q4 FY25, while user incentive cost reduced to 0.02% of payment GMV from 0.04% in Q4 FY25.

Payments GMV rose 58% YoY to Rs 52,400 crore in Q4 FY26 from Rs 33,100 crore in Q4 FY25 and increased 9% sequentially. The company said payments GMV hit an all-time high for the 13th consecutive quarter.

ZIP EMI GMV increased 58.9% YoY to Rs 837.7 crore in Q4 FY26, with 75% disbursals in First Loss Default Guarantee (FLDG) and 25% in distribution model.

Financial services revenue grew 37% YoY and 18% sequentially to Rs 77.1 crore in Q4 FY26, while financial services gross profit surged 1,775% YoY to Rs 45.1 crore.

For FY26, total income declined 3.2% YoY to Rs 1,154.2 crore from Rs 1,192.5 crore in FY25. Contribution profit increased 20.9% to Rs 437.4 crore from Rs 361.6 crore.

FY26 EBITDA loss narrowed sharply to Rs 5.2 crore from Rs 79.4 crore in FY25, while net loss reduced to Rs 62.1 crore from Rs 121.5 crore.

The company said its core consumer payments and lending business generated positive EBITDA of Rs 49.5 crore in FY26. It invested Rs 54.7 crore during the year towards building its merchant payments business, which it expects to scale significantly by FY28.

MobiKwik said it expects to remain ?baseline profitable? while continuing investments in merchant acquiring, NBFC-led lending and AI-driven products.

Net cash used in operating activities stood at Rs 78.14 crore in FY26 compared with Rs 68.16 crore in FY25, reflecting a rise of in cash outflow.

One MobiKwik Systems operates a digital payments and financial services platform offering wallet, UPI, payment gateway, lending and investment products. The company serves over 189.6 million registered users and 4.92 million merchants in India.

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One Mobikwik Systems will hold a meeting of the Board of Directors of the Company on 12 May 2026.

The approval will enable the company to launch its lending arm, MobiKwik Financial Services Private Limited (MFSPL), a wholly owned subsidiary. The NBFC will allow the group to expand its regulated lending operations, introduce new credit products and improve execution through faster go-to-market capabilities.

The company said the NBFC structure will also support a co-lending model, provide access to sustainable capital and help improve lending margins over time. Operations will commence after the receipt of the Certificate of Registration (CoR) from the RBI, subject to fulfilment of certain conditions.

MobiKwik plans to leverage its technology platform, AI-led underwriting and a customer base of over 186 million users to scale its credit offerings. The focus will be on both secured and unsecured lending products for consumers and MSMEs, particularly in Tier 2 and Tier 3 markets, with an emphasis on financial inclusion.

The company said the development marks a key step in its strategy to build a full-stack fintech platform with integrated payments and financial services capabilities.

One MobiKwik Systems is a digital payments and financial services platform offering wallet, UPI and payment gateway solutions to consumers and merchants. The company serves over 186 million users and nearly 4.8 million merchants, and also distributes credit, savings and investment products. It is among India?s leading fintech platforms, with a strong user base and around 18% share in the digital wallet transaction market.

On a consolidated basis, Mobikwik posted a net profit of Rs 4.05 crore in Q3 December 2025, reversing a loss of Rs 55.28 crore in Q3 December 2024 and a loss of Rs 28.62 crore in Q2 September 2025. Total income rose 8.29% YoY and 6.40% QoQ to Rs 297.22 crore in the December 2025 quarter.