Internet Software & Services company One Mobikwik Systems announced Q1FY26 results Payments: The Company’s core payments business continues to demonstrate strong growth and resilience: Payments GMV grew 53% YoY and 16% QoQ this quarter to reach Rs 384 billion, driven by high engagement and a growing registered user and merchant base. User base grew to 180.2 million and merchant base to 4.64 million in Q1FY26. Net Payments margin was maintained at 15 bps, validating the strength of the platform. Consequently, Gross Margin for the payments business reached an all-time high of 28%, reflecting an impressive 12% YoY expansion in margin percentage. Financial Services: MobiKwik’s digital finance business has entered a phase of renewed momentum. Following 32%+ growth in EMI disbursals last quarter, this quarter saw a further 31% QoQ increase, with total disbursals reaching Rs 6,931 million, with take rates improving to 8% and gross margin rising to 13.3%. The company believes that Q4FY25 marked the bottom in terms of both disbursal volumes and margins. With recovery signals now visible, this business is at a clear inflection point, with upside potential across both revenues and profitability. In addition to the DLG model, the Company will also focus on distribution-led scale-up in the financial services business. Cost Effciency: Operational discipline remains a key focus for the company, as it scales with effciency: 32% QoQ EBITDA growth, driven by improved direct and fixed costs. 5% QoQ decline in Payment Gateway and User Incentive. 6% QoQ reduction in Lending-related expenses. Fixed costs remained steady at Rs 1,086 million. Costs have remained steady over the last five quarters. Upasana Taku, Executive Director, Co-founder & CFO, One MobiKwik Systems, said: “We are pleased with the consistent progress across our core business. Payments demonstrated strong growth and Financial Services recovered resulting in an improved Q1 EBITDA, which reinforces our path to profitability. We remain focused on driving operating leverage and building for long-term value creation.” Result PDF
Internet Software & Services company One Mobikwik Systems announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Payments GMV: Rs 1,159 billion, up 203% YoY. Payment Gross margin remained best in class at over 20%, led by optimized direct costs for the payment gateway and user incentives Total Income: Rs 11,925 million, up 34% YoY, driven by strong growth of 142% in the payments revenue Contribution margin (CM): Revenue mix tilted towards Payments leading to a lower CM of 30%; revenue from distribution of financial products lower amid sector headwinds for lending EBITDA: Loss of -6.7% due to lower contribution and slightly higher fixed costs YoY FY25 Financial Highlights: Total Income: Rs 2,785 million, up 2.6% from Rs 2,716 million in Q4FY24 EBITDA: loss of Rs 458 million, due to lower contribution margins, even as the fixed costs reduced QoQ Fixed Cost: 5.4% fixed cost reduction this quarter is driven by the Company’s focus on enhanced digital journeys, increasing scale benefits, and optimizing costs across all line items. Upasana Taku Executive Director, Co-founder & CFO One MobiKwik Systems said "Our Payments Business has shown remarkable strength, growing threefold year-over-year. Our focus for this year will be to leverage AI as a growth catalyst - to accelerate go-to-market, drive revenue growth, and expand margins through intelligent automation." Result PDF