One Mobikwik Systems Limited — PPTs, 03-02-2026: Investor Presentation

MobiKwik delivered a strong quarter, returning to net profitability.

**Business Performance:** The company posted a PAT of **₹4 crore** and EBITDA of **₹15 crore** in Q3 FY26. Contribution Profit jumped 76% YoY to **₹128.8 crore**, with Total Income up 6% QoQ to **₹297.2 crore**. Payments GMV reached a record **₹48,060 crore**, surging 63% YoY, driven by UPI which now accounts for 41% of GMV. Payments revenue grew 14% YoY to **₹223.75 crore**. Financial Services Gross Profits soared 405% YoY to **₹37.25 crore**, achieving 57% margins, while ZIP EMI disbursals rose 126% YoY to **₹900 crore**. Net Payments Margin was 17 Bps, and Net Financial Services Margin hit 4.13%.

**Growth Drivers or Strategy:** Explosive UPI growth is attracting users and driving cross-selling to other payment categories. In lending, a "risk-first" approach, calibrated underwriting, and enhanced collections are improving portfolio quality. The company is building new revenue streams such as Loans against Mutual Funds and co-branded Credit Cards.

**Recent Developments:** MobiKwik moved up to #12 in customer-initiated UPI transactions. Its merchant device business (EDC) saw 7X GMV growth and expanded its footprint significantly. Board governance was also strengthened with new appointments.

**Key Financial Metrics:** Q3 FY26: PAT **₹4 Cr**, EBITDA **₹15 Cr**, Total Income **₹297.2 Cr**, Payments GMV **₹48,060 Cr**, Financial Services Gross Profit **₹37.25 Cr**.

**Management Commentary / Outlook:** Management anticipates consistent GMV growth, targeting Net Payments Margins of 12-15 Bps and Net Financial Services Margins of 3-4%, underscoring a commitment to sustainable and profitable growth.