One MobiKwik Systems Ltd

The approval will enable the company to launch its lending arm, MobiKwik Financial Services Private Limited (MFSPL), a wholly owned subsidiary. The NBFC will allow the group to expand its regulated lending operations, introduce new credit products and improve execution through faster go-to-market capabilities. The company said the NBFC structure will also support a co-lending model, provide access to sustainable capital and help improve lending margins over time. Operations will commence after the receipt of the Certificate of Registration (CoR) from the RBI, subject to fulfilment of certain conditions. MobiKwik plans to leverage its technology platform, AI-led underwriting and a customer base of over 186 million users to scale its credit offerings. The focus will be on both secured and unsecured lending products for consumers and MSMEs, particularly in Tier 2 and Tier 3 markets, with an emphasis on financial inclusion. The company said the development marks a key step in its strategy to build a full-stack fintech platform with integrated payments and financial services capabilities. One MobiKwik Systems is a digital payments and financial services platform offering wallet, UPI and payment gateway solutions to consumers and merchants. The company serves over 186 million users and nearly 4.8 million merchants, and also distributes credit, savings and investment products. It is among India's leading fintech platforms, with a strong user base and around 18% share in the digital wallet transaction market. On a consolidated basis, Mobikwik posted a net profit of Rs 4.05 crore in Q3 December 2025, reversing a loss of Rs 55.28 crore in Q3 December 2024 and a loss of Rs 28.62 crore in Q2 September 2025. Total income rose 8.29% YoY and 6.40% QoQ to Rs 297.22 crore in the December 2025 quarter.

One MobiKwik Systems (MobiKwik) announced that the Group's application for a Non-Banking Financial Company (NBFC) license has been approved by the Reserve Bank of India (RBI), marking a significant milestone in the Group's journey to deepen its financial services offerings. The NBFC license will enable the launch of a new lending division - MobiKwik Financial Services (MFSPL, a wholly owned subsidiary), which will help expand its regulated lending capabilities, design innovative credit products, and serve a broader base of consumers and merchants with greater efficiency and control. This development aligns with the Group's long-term vision of building a full-stack fintech platform that delivers accessible, responsible, and tech-led financial products. The NBFC will build on the Group's inherent strengths of having a 186 Mn+ customer base, a trusted brand name, as well as strong tech infrastructure, risk underwriting and collection capabilities. MFSPL, the group's in-house NBFC is envisaged to enable launch of new credit products with faster go-t0-market (GTM) offering both secured and unsecured to consumers and MSMEs in underserved geographies. The NBFC's operations will commence upon receipt of Certificate of Registration (COR) from RBI on the fulfilment of certain conditions.

One Mobikwik Systems announced the appointment of Anis Pathan as Chief Risk Officer. As Chief Risk Officer, Anis will define and lead MobiKwik Group's Enterprise Risk Management (ERM) framework, overseeing a comprehensive portfolio that includes strategic, financial, operational, cyber and fraud risks. A primary focus of the role will be strengthening the security and scalability of the group's core payments business, spanning UPI, wallet, bill payments and merchant flows, by implementing advanced monitoring and onboarding controls. By leveraging state-of-the-art analytics and risk infrastructure, Anis will lead fraud prevention and financial crime strategies while ensuring full regulatory compliance. Additionally, as CRO, he will be the key liaison to the Board's Risk and Audit Committee providing the actionable insights and emerging risk intelligence necessary to support MobiKwik Group's expansion in digital lending, stock broking & payment aggregation through its subsidiaries.Powered by Capital Market - Live

The turnaround was driven by strong execution across its payments and financial services businesses and sharp operating discipline. On a consolidated basis, Mobikwik posted a net profit of Rs 4.05 crore in Q3 December 2025, reversing a loss of Rs 55.28 crore in Q3 December 2024 and a loss of Rs 28.62 crore in Q2 September 2025. Total income rose 8.29% YoY and 6.40% QoQ to Rs 297.22 crore in the December 2025 quarter. Contribution profit climbed 76% YoY and 34% QoQ to Rs 128.8 crore, reflecting continued focus on cost efficiency. Fixed costs as a percentage of total income declined to 38% in Q3 FY26 from 42% a year ago. EBITDA stood at Rs 15 crore in Q3 FY26, marking a return to profitability and a sharp improvement of Rs 57.6 crore YoY and Rs 21.4 crore QoQ. The company said disciplined cost control and healthier margins led to a YoY EBITDA swing, translating into PAT profitability. Operationally, payments GMV rose 63% YoY and 11% QoQ to Rs 48,064 crore, while gross margin in the payments business touched an all-time high of 37%, reflecting a 125% YoY and 36% QoQ expansion. ZIP EMI GMV increases 126% YoY and 12% QoQ to Rs 900 crore. Financial services gross profit surged 405% YoY and 45% QoQ to Rs 37.2 crore, with net financial services margin improving to 4.13% in Q3 FY26 from 1.05% a year earlier and 3.17% in Q2FY26, aided by better credit quality. Commenting on the performance, Upasana Taku, executive director, co-founder and CFO, said the profitable quarter reflects disciplined execution and sustained cost optimisation, adding that the company remains focused on scaling responsibly while creating long-term shareholder value. Founded in 2009, Mobikwik is India's largest digital wallet and a leading fintech platform, serving over 186.6 million registered users and 4.79 million merchants. As of December 2025, it held an 18% share of PPI wallet GTV and ranked fourth by registered users in India, according to RedSeer. Powered by Capital Market - Live

Net profit of One Mobikwik Systems reported to Rs 4.05 crore in the quarter ended December 2025 as against net loss of Rs 55.28 crore during the previous quarter ended December 2024. Sales rose 7.23% to Rs 288.95 crore in the quarter ended December 2025 as against Rs 269.48 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales288.95269.48 7 OPM %2.32-17.69 - PBDT7.74-49.75 LP PBT4.05-53.18 LP NP4.05-55.28 LP Powered by Capital Market - Live

One Mobikwik Systems will hold a meeting of the Board of Directors of the Company on 3 February 2026.Powered by Capital Market - Live

One MobiKwik Systems announced the appointment of Navdeep Singh Suri as Chairperson of its Board. Suri has been associated with the Company since 2021 as an Independent Director. Suri brings with him decades of distinguished leadership experience across public policy, diplomacy, governance, and institutional decision-making. A former senior Indian diplomat, he joined the Indian Foreign Service in 1983 and has served in key international assignments including Cairo, Damascus, Washington DC, Dar es Salaam, London, and Johannesburg. He has held high-profile roles as India's Ambassador to Egypt and the United Arab Emirates, High Commissioner to Australia, and Consul General in Johannesburg. In recognition of his contributions, he was conferred the Order of Zayed II - the United Arab Emirates' second-highest civilian honour - by the President of the UAE. Suri has also led the West Africa and Public Diplomacy divisions at the Ministry of External Affairs and is currently a Visiting Fellow at the Observer Research Foundation, New Delhi. He also serves on the boards of several prominent institutions, including SBI Funds International (IFSC), Hindustan Ports, and Hindustan Infralog. Powered by Capital Market - Live

Net Loss of One Mobikwik Systems reported to Rs 28.62 crore in the quarter ended September 2025 as against net loss of Rs 3.59 crore during the previous quarter ended September 2024. Sales declined 7.03% to Rs 270.21 crore in the quarter ended September 2025 as against Rs 290.65 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales270.21290.65 -7 OPM %-5.741.30 - PBDT-13.58-0.18 -7444 PBT-16.75-3.32 -405 NP-28.62-3.59 -697 Powered by Capital Market - Live

One Mobikwik Systems will hold a meeting of the Board of Directors of the Company on 4 November 2025.Powered by Capital Market - Live

One Mobikwik Systems has allotted 5,06,272 equity shares under ESOP on 25 September 2025. Consequent to aforesaid allotment, the issued, subscribed and paid-up equity capital of the Company stand increased from Rs 15,63,04,372 consisting of 7,81,52,186 equity shares having face value of Rs 2/- each to Rs 15,73,16,916 consisting of 7,86,58,458 equity shares having face value of Rs 2/- each. Powered by Capital Market - Live