One MobiKwik Systems Ltd

The approval, granted under the Payment and Settlement Systems Act, 2007, will enable the company to expand its offline merchant payments business. One MobiKwik Systems operates a digital payments and financial services platform offering wallet, UPI, payment gateway, lending and investment products. The company serves over 189.6 million registered users and 4.92 million merchants in India. The company reported a consolidated profit after tax of Rs 4.4 crore in Q4 FY26 against a loss of Rs 56 crore in Q4 FY25, resulting in a positive swing of Rs 60.4 crore Total income increased 6.3% YoY to Rs 296.0 crore in Q4 FY26 from Rs 278.5 crore in Q4 FY25. Powered by Capital Market - Live

Net profit of One Mobikwik Systems reported to Rs 4.38 crore in the quarter ended March 2026 as against net loss of Rs 56.04 crore during the previous quarter ended March 2025. Sales rose 7.82% to Rs 288.71 crore in the quarter ended March 2026 as against Rs 267.78 crore during the previous quarter ended March 2025. For the full year,net loss reported to Rs 62.10 crore in the year ended March 2026 as against net loss of Rs 121.53 crore during the previous year ended March 2025. Sales declined 4.35% to Rs 1119.23 crore in the year ended March 2026 as against Rs 1170.17 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales288.71267.78 8 1119.231170.17 -4 OPM %3.50-21.10 --3.59-8.69 - PBDT12.32-52.42 LP -32.56-106.70 69 PBT8.25-56.71 LP -46.35-119.56 61 NP4.38-56.04 LP -62.10-121.53 49 Powered by Capital Market - Live

The company reported a consolidated profit after tax of Rs 4.4 crore in Q4 FY26 against a loss of Rs 56 crore in Q4 FY25, resulting in a positive swing of Rs 60.4 crore. On a sequential basis, PAT improved from Rs 4.1 crore in Q3 FY26. Total income increased 6.3% YoY to Rs 296.0 crore in Q4 FY26 from Rs 278.5 crore in Q4 FY25. Sequentially, total income declined marginally by 0.4% from Rs 297.2 crore in Q3 FY26. Contribution profit surged 112.3% YoY to Rs 135.1 crore in Q4 FY26 from Rs 63.6 crore a year ago. Contribution margin expanded to 46% from 23% in Q4 FY25 and improved from 43% in Q3 FY26. EBITDA stood at Rs 17.4 crore in Q4 FY26 against a loss of Rs 45.8 crore in Q4 FY25, marking a positive swing. Sequentially, EBITDA rose 16.2% from Rs 14.9 crore in Q3 FY26. This was the company's second consecutive profitable quarter at the EBITDA level. Fixed costs stood at Rs 117.7 crore in Q4 FY26 compared with Rs 109.4 crore in Q4 FY25. Fixed costs as a percentage of total income remained broadly stable at 40% versus 39% a year ago. Payment gateway cost declined to 0.23% of payment GMV in Q4 FY26 from 0.44% in Q4 FY25, while user incentive cost reduced to 0.02% of payment GMV from 0.04% in Q4 FY25. Payments GMV rose 58% YoY to Rs 52,400 crore in Q4 FY26 from Rs 33,100 crore in Q4 FY25 and increased 9% sequentially. The company said payments GMV hit an all-time high for the 13th consecutive quarter. ZIP EMI GMV increased 58.9% YoY to Rs 837.7 crore in Q4 FY26, with 75% disbursals in First Loss Default Guarantee (FLDG) and 25% in distribution model. Financial services revenue grew 37% YoY and 18% sequentially to Rs 77.1 crore in Q4 FY26, while financial services gross profit surged 1,775% YoY to Rs 45.1 crore. For FY26, total income declined 3.2% YoY to Rs 1,154.2 crore from Rs 1,192.5 crore in FY25. Contribution profit increased 20.9% to Rs 437.4 crore from Rs 361.6 crore. FY26 EBITDA loss narrowed sharply to Rs 5.2 crore from Rs 79.4 crore in FY25, while net loss reduced to Rs 62.1 crore from Rs 121.5 crore. The company said its core consumer payments and lending business generated positive EBITDA of Rs 49.5 crore in FY26. It invested Rs 54.7 crore during the year towards building its merchant payments business, which it expects to scale significantly by FY28. MobiKwik said it expects to remain 'baseline profitable' while continuing investments in merchant acquiring, NBFC-led lending and AI-driven products. Net cash used in operating activities stood at Rs 78.14 crore in FY26 compared with Rs 68.16 crore in FY25, reflecting a rise of in cash outflow. One MobiKwik Systems operates a digital payments and financial services platform offering wallet, UPI, payment gateway, lending and investment products. The company serves over 189.6 million registered users and 4.92 million merchants in India. Powered by Capital Market - Live

One Mobikwik Systems will hold a meeting of the Board of Directors of the Company on 12 May 2026.

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