One Mobikwik Systems Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
MOBIKWIK · price
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MobiKwik filed its first full-year audited results as a listed company. Standalone revenue from operations rose about 34% year-on-year to ₹1,164 crore (FY24: ₹867 crore), and consolidated revenue grew about 33.7% to ₹1,170 crore. Despite the strong top-line growth, the company swung to a sizeable loss — standalone loss after tax was ₹1,223.66 crore versus a profit of ₹93.60 crore in FY24, while consolidated loss was ₹1,215.29 crore. EBITDA deteriorated sharply from a profit of ₹357 crore to a loss of ₹771 crore (standalone) as total expenses grew nearly 50%. Operating cash flows were also negative at ₹(620.63) crore on a standalone basis. Statutory auditor BSR & Associates LLP issued an unmodified (clean) opinion on both sets of results.
Strong revenue growth is overshadowed by a sharp swing into losses, falling margins, and negative operating cash flows, which is likely to pressure the stock in the short term. The clean audit opinion and a sizeable unutilized IPO war chest (₹380.5 crore of the ₹530.5 crore raised in Dec 2024 still unused) provide some cushion, but investors will look for evidence of a credible path to profitability.