Investor Presentation
MOBIKWIK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
One MobiKwik reported FY26 as an inflection year with a Rs 74 Cr EBITDA swing. The core payments business generated Rs 50 Cr EBITDA (up 39% margin in Q4), while investing Rs 60 Cr into new merchant and growth businesses. Total Payments GMV grew 57% YoY to Rs 1,821 Bn with UPI transactions surging 170% YoY. The Financial Services segment achieved a record Q4 Net Margin of 5.39%, with ZIP EMI GMV at Rs 32,380 Mn. PAT turned profitable for the second consecutive quarter at Rs 44 Mn versus a loss of Rs 560 Mn in Q4FY25. The company also received RBI approval for its NBFC license in April 2026, alongside stock broking and payment aggregator licenses secured in the past 12 months.
The company has demonstrated a clear path from losses to profitability with improving margins across both payments (39% GM) and lending (5.39% net margin), while strategically funding new growth engines. The NBFC license unlocks merchant lending as a new revenue stream, supporting the FY28 target of 10X merchant business revenue.