MOBIKWIKBSEOne Mobikwik Systems LtdHighNeutral
Announced Tue, 12 May · 10:56 IST

Press Release

Pat NegativePat Growth 25pctEbitda Margin ExpansionRevenue DeclineResults View source PDF

MOBIKWIK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-14.4%1-day move
₹228.16
prior close
₹222.53
base price
In-mkt
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+0.7-1.6+0.1-1.0-14.4-15.6-17.2-17.1-12.6-15.7-14.8-14.9-1.3
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AI summary

One MobiKwik Systems Ltd reported its second consecutive profitable quarter with Q4 FY26 PAT at ₹44 Mn (vs ₹-560 Mn in Q4 FY25, a swing of ₹604 Mn) and EBITDA at ₹174 Mn. For full-year FY26, the company achieved a ₹742 Mn EBITDA improvement YoY, closing at ₹-52 Mn (vs ₹-794 Mn in FY25), with PAT improving by ₹594 Mn to ₹-621 Mn. Revenue from operations grew 8% YoY in Q4 to ₹2,887 Mn, while total income for FY26 stood at ₹11,542 Mn (down 3% from ₹11,925 Mn in FY25). Contribution Profit grew 112% YoY in Q4 to ₹1,351 Mn and 21% YoY for FY26 to ₹4,374 Mn with margin expansion from 30% to 38%. Payments GMV surged 58% YoY to ₹524 Bn in Q4, with UPI transactions growing 170% YoY, outpacing industry growth by 6.5x. The company's Core business generated positive EBITDA of ₹495 Mn in FY26.

Likely market impact

MobiKwik is demonstrating a clear path to sustainable profitability with back-to-back profitable quarters and major cost improvements. While FY26 full-year results remain negative, the H2 FY26 PAT of ₹84 Mn and ₹742 Mn EBITDA swing indicate the company is approaching breakeven, positioning it for potential profitability in FY27.