Onemi Technology Solutions Ltd
Incorporated in 2016, OnEMI Technology Solutions Limited is a technology-enabled lender in India, primarily offering digital loans through its mobile application for various consumption and business needs.[1]
- Market Cap ₹ 7,204 Cr.
- Current Price ₹ 352
- High / Low ₹ 388 / 190
- Stock P/E 32.0
- Book Value ₹ 109
- Dividend Yield 0.00 %
- ROCE 22.1 %
- ROE 16.7 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 35.0% CAGR over last 5 years
- Debtor days have improved from 85.4 to 48.9 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -4.38%
- Promoter holding is low: 20.4%
- Company has a low return on equity of 12.7% over last 3 years.
- Contingent liabilities of Rs.2,291 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 32 | 156 | 264 | 429 | 321 | 734 | 928 | |
| Sales growth | +389% | +70% | +62% | -25% | +129% | ||
| 84 | 108 | 227 | 300 | 237 | 526 | 657 | |
| Operating Profit | -52 | 48 | 37 | 129 | 84 | 209 | 271 |
| OPM % | -163% | 31% | 14% | 30% | 26% | 28% | 29% |
| 0 | 0 | 7 | 0 | 0 | 0 | 45 | |
| Interest | 0 | 0 | 4 | 4 | 4 | 4 | 3 |
| Depreciation | 6 | 6 | 15 | 15 | 14 | 13 | 12 |
| Profit before tax | -58 | 41 | 26 | 111 | 67 | 192 | 302 |
| Tax % | 0% | -28% | 7% | 26% | 24% | 25% | |
| -58 | 53 | 25 | 82 | 51 | 144 | 225 | |
| EPS in Rs | -23.81 | 21.74 | 5.06 | 17.25 | 9.50 | 12.13 | 21.08 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 87% |
| 3 Years: | 41% |
| TTM: | 129% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 35% |
| 3 Years: | 80% |
| TTM: | 184% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 13% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 5 | 5 | 5 | 12 | 18 |
| Reserves | 151 | 215 | 544 | 662 | 754 | 952 | 1,924 |
| 5 | 5 | 5 | 38 | 32 | 18 | 13 | |
| 36 | 17 | 75 | 41 | 68 | 149 | 220 | |
| Total Liabilities | 194 | 241 | 629 | 746 | 859 | 1,130 | 2,175 |
| 17 | 11 | 53 | 40 | 29 | 24 | 28 | |
| CWIP | 0 | 0 | 0 | 0 | 5 | 6 | 0 |
| Investments | 161 | 161 | 296 | 431 | 581 | 806 | 1,452 |
| 17 | 68 | 279 | 276 | 244 | 294 | 695 | |
| Total Assets | 194 | 241 | 629 | 746 | 859 | 1,130 | 2,175 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -36 | 39 | 76 | 53 | 68 | 176 | |
| 14 | -0 | -179 | -145 | -181 | -300 | |
| 0 | 0 | 295 | -18 | 3 | 137 | |
| Net Cash Flow | -22 | 39 | 192 | -110 | -110 | 13 |
| Free Cash Flow | -39 | 38 | 26 | 51 | 63 | 169 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 69% | 87% | 202% | 51% | 98% | 113% |
Ratios
Standalone / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 3 | 12 | 32 | 114 | 93 | 49 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 3 | 12 | 32 | 114 | 93 | 49 |
| Working Capital Days | -259 | -24 | -13 | 91 | 146 | 7 |
| ROCE % | 22% | 8% | 18% | 9% | 22% |
Insights
In beta| Mar 2023 | Mar 2024 | Dec 2025 | |
|---|---|---|---|
| Assets Under Management ₹ Cr |
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| Customers Served (Cumulative) Mn |
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| Disbursements ₹ Cr |
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| Gross NPA (Stage 3) % |
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| LAP Branches # |
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| Loan Against Property Share of AUM % |
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| 1st EMI 90+ DPD % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
- Appointment of Mr. Venkatadri Chandrasekaran as an Additional Non-Executive Independent Director of the Company.
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Outcome Of Board Meeting Held On November 14, 2026.
- Board appointed Venkatadri Chandrasekaran as additional independent director from November 14, 2026; postal ballot to seek approval.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Company to meet investors at JM Financial and BofA events on November 16-17, 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Kissht crosses ₹10,000 crore AUM, aided by AI-led lending and ₹832.2 crore preferential issue.
Concalls
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Nov 2026Transcript PPT REC
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Aug 2026Transcript PPT
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Jun 2026Transcript PPT REC
Business Profile:[1][2]
OnEMI Technology Solutions Ltd operates as a technology-driven digital lending platform under its flagship brand, Kissht. The company focuses on the mass-market retail sector, specifically targeting the underserved and emerging middle-class segments. It provides fully digital, instant credit solutions, streamlining the borrowing process for customers who traditionally lack access to conventional financing.