Investor Presentation on the Financial results of the Company for the quarter and year ended March 31, 2026
ONMOBILE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
OnMobile reported FY26 gross revenue of INR 5,245 Mn, down 10.2% YoY, with EBITDA of INR 297 Mn (up 110.6% YoY). Gross margin improved significantly to 52.7% from 46.7% in FY25, driven by cost optimization. The company posted a net loss of INR 115 Mn for FY26, but excluding a one-time impairment provision of INR 468 Mn, adjusted PAT was positive at INR 353 Mn. Gaming subscriber base grew 34.5% YoY to 14.3 Mn, though mobile gaming revenue declined 25.4% to INR 1,545 Mn. The company announced its Virtual Console product will launch in 2 weeks, targeting the ₹5,000 price segment to expand from mobile into console/PC gaming. Management targets $3M MRR within the next 15-18 months.
Margin expansion and EBITDA growth indicate operational improvements despite revenue headwinds. The new Virtual Console launch signals a strategic pivot toward higher-ARPU gaming segments, though execution risk exists around the upcoming product launch and market expansion beyond telco distribution.