One Mobikwik Systems Limited has informed the Exchange about Transcript
MOBIKWIK · price
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One MobiKwik reported its second consecutive profitable quarter with Q4 PAT of INR 44 million (underlying PAT of INR 81 million excluding INR 37.6 million one-time labor code charge). Payments GMV hit a record INR 524 billion in Q4, up 58% YoY, marking 13 consecutive quarters of record highs. The wallet business holds 20% market share while UPI transactions surged 170% YoY. Management is investing INR 50-55 crores annually in merchant payments (targeting 10x revenue growth by FY28) and NBFC setup (operations expected in 6-9 months). The company guided FY27 EBITDA margin at similar 5% range while maintaining baseline profitability. Fixed costs expected to rise 15-20% in FY27 due to business expansion.
MobiKwik is transitioning from turnaround to growth phase, with current profitability providing buffer for investments in merchant payments and NBFC. Revenue growth in payments continues to lag GMV due to UPI mix shift, but management expects revenue to follow GMV growth in coming quarters.