One Mobikwik Systems Ltd
Incorporated in 2009, One Mobikwik Systems
Ltd is a digital banking platform which offers
a wide range of financial products for both consumers and merchants[1]
- Market Cap ₹ 1,831 Cr.
- Current Price ₹ 234
- High / Low ₹ 698 / 227
- Stock P/E
- Book Value ₹ 75.8
- Dividend Yield 0.00 %
- ROCE -14.6 %
- ROE -32.4 %
- Face Value ₹ 2.00
Pros
- Debtor days have improved from 34.2 to 17.5 days.
Cons
- Stock is trading at 3.09 times its book value
- Company has low interest coverage ratio.
- Promoter holding is low: 25.0%
- Company has a low return on equity of -27.0% over last 3 years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 289 | 527 | 539 | 875 | 1,170 | 1,099 | |
| 404 | 659 | 617 | 853 | 1,272 | 1,241 | |
| Operating Profit | -115 | -132 | -78 | 22 | -102 | -142 |
| OPM % | -40% | -25% | -14% | 3% | -9% | -13% |
| 14 | 17 | 22 | 15 | 22 | 29 | |
| Interest | 7 | 11 | 20 | 19 | 27 | 29 |
| Depreciation | 1 | 2 | 4 | 4 | 13 | 14 |
| Profit before tax | -110 | -128 | -81 | 14 | -120 | -155 |
| Tax % | 1% | -0% | 4% | 0% | 2% | |
| -111 | -128 | -84 | 14 | -122 | -157 | |
| EPS in Rs | -1,107.46 | -22.41 | -14.66 | 2.46 | -15.64 | -20.32 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| TTM: | -4986% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -27% |
| Last Year: | -32% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 11 | 11 | 11 | 16 |
| Reserves | -35 | 205 | 131 | 151 | 573 |
| 75 | 158 | 206 | 223 | 292 | |
| 383 | 462 | 366 | 469 | 480 | |
| Total Liabilities | 423 | 836 | 714 | 855 | 1,360 |
| 1 | 9 | 15 | 16 | 25 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 2 | 5 | 6 |
| 421 | 826 | 698 | 834 | 1,329 | |
| Total Assets | 423 | 836 | 714 | 855 | 1,360 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -35 | -321 | 27 | -22 | -68 | |
| 10 | -85 | -1 | 27 | -313 | |
| 73 | 329 | 18 | 3 | 515 | |
| Net Cash Flow | 49 | -76 | 44 | 8 | 133 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 48 | 20 | 51 | 34 | 17 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 48 | 20 | 51 | 34 | 17 |
| Working Capital Days | -369 | -233 | -234 | -140 | -163 |
| ROCE % | -57% | -17% | 9% | -15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13h - Newspaper publication of the unaudited financial results for the quarter ended June 30, 2025
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Audio recording of August 1, 2025 analyst conference call available on company website.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
1d - Q1 FY2026 IPO proceeds utilization report shows no deviations; Rs. 572 Cr raised, Rs. 358 Cr unutilized, losses noted.
-
Shareholders'' Letter For The Quarter Ended June 30, 2025
2d - Q1 FY26: 53% YoY payments GMV growth to ₹384B, 32% EBITDA growth, new credit and broking licenses.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
2d - Investor Presentation for the quarter ended June 30, 2025
Concalls
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Jul 2025TranscriptNotesPPT
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May 2025Transcript PPT
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Feb 2025Transcript PPT REC
Business Overview:[1]
OMSL operates a tech-first application based business that provides payments and digital financial services to consumers and merchants through its MobiKwik platform. This platform business has a two-sided payments network, consisting of consumers and merchants. It has acquired 161.03 million Registered Users and enabled 4.26 million Merchants to make and accept payments online and offline. Company added newer products to its digital credit, investments, and insurance verticals.