One Mobikwik Systems Limited — Investor Meet, 06-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

MobiKwik delivered its most profitable quarter in Q1 FY27, with PAT at ₹7.6 Cr (up ₹49.5 Cr YoY) and EBITDA at ₹15.8 Cr (up ₹47 Cr YoY). Payments Gross Profit rose 31% YoY to ₹77.7 Cr, and Financial Services Gross Profit jumped 5.6x YoY to ₹43.3 Cr. Contribution profit grew 66% YoY. Platform GMV reached a record ₹58,700 Cr, up 50% YoY, alongside a 21% reduction in direct costs. The company holds ₹437 Cr in cash.

Management targets ₹40 Cr PAT and ₹75 Cr EBITDA for FY27, projecting sustained growth. Lending disbursements are expected to increase from ₹700 Cr to ₹1,000 Cr quarterly, boosted by new partnerships and an AI-driven engine. The merchant payments business is a key growth focus, with Q1 GMV at ₹12,500 Cr (up 17% QoQ), aiming for 10x revenue growth in two years and FY28 break-even. While NBFC transition temporarily affected Q1 lending, a ₹1,000 Cr run rate is anticipated for Q2. Management is confident in driving long-term value.