One Mobikwik Systems Limited
One Mobikwik Systems Limited operates in Financial Technology (Fintech), part of the Financial Services sector. It booked ₹296 cr of revenue in its latest quarter (Q2 FY27) and kept 4.0% of sales as profit. It is the 8th largest of 9 Financial Technology (Fintech) companies we track, by market value.
Healthier than 40% of companies in Financial Services, on the 3 of 6 measures we could read for it. Each measure is ranked against the 55–253 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 50
At close. Not part of the score.
How much profit it earns on the money it employs
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold
Not measurable for this company: balance sheet, cash quality, growth & consistency. Those pillars are left out of the score rather than counted as zero.
What if I invest in MOBIKWIK?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹296 cr |
| Other Income | ₹7 cr |
| Total Income | ₹303 cr |
| Cost of Materials | ₹0 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Employee Benefit Expense | ₹56 cr |
| Finance Costs | ₹7 cr |
| Depreciation & Amortisation | ₹4 cr |
| Other Expenses | ₹224 cr |
| Total Expenses | ₹291 cr |
| Profit before Tax | ₹12 cr |
| Tax Expense | ₹3.9 L |
| Net Profit | ₹12 cr |
| Net margin on total income | 3.9% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 289 cr | 281 cr | 296 cr |
| Total income | 296 cr | 289 cr | 303 cr |
| Expenses | 288 cr | 282 cr | 291 cr |
| Profit before tax | 4 cr | 8 cr | 12 cr |
| Tax | 9.5 L | 2.9 L | 3.9 L |
| Net profit (owners' share) | 4 cr | 8 cr | 12 cr |
| Net margin (owners' share, on revenue) | 1.5% | 2.7% | 4.0% |
| EPS (₹) | 0.56 | 0.97 | 1.50 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| One 97 Communications Limited | ₹1,720 | ₹1.10 L cr | 122.2 | 5.4% | 8.5% | — |
| PB Fintech Limited | ₹928 | ₹42,943 cr | 55.8 | 9.9% | 8.8% | — |
| Pine Labs Limited | ₹156 | ₹17,999 cr | 118.1 | 2.6% | 4.8% | — |
| Manipal Payment and Identity Solutions Limited | ₹330 | ₹7,344 cr | 23.7 | — | 18.5% | — |
| Seshaasai Technologies Limited | ₹314 | ₹5,083 cr | 18.5 | 18.4% | 17.2% | — |
| AvenuesAI Limited | ₹14 | ₹4,830 cr | 14.4 | 6.4% | 2.8% | — |
| Network People Services Technologies Limited | ₹1,706 | ₹3,559 cr | 81.1 | 10.0% | 19.6% | — |
| One Mobikwik Systems Limitedthis company | ₹220 | ₹1,729 cr | 36.6 | 8.4% | 4.0% | — |
| Turtlemint Fintech Solutions Limited | ₹54 | ₹1,595 cr | — | -49.5% | -12.8% | — |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 7 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
As of Sep 2026, the company says it has spent 76% of what it set aside, leaving ₹140 cr still to be spent. CARE Ratings Limited watches the spending on the exchange’s behalf.
“The Company, pursuant to a special resolution passed by the shareholders through postal ballot on July 2, 2026, has varied the objects/terms of utilisation of the IPO proceeds and extended the time limit for their utilisation. The Company received approval from the Reserve Bank of India for an NBFC application through its wholly owned subsidiary, MobiKwik Financial Services Private Limited (MFSPL). That approval required, among other conditions, the transfer of the Lending Service Provider (LSP) business to a wholly owned subsidiary. Accordingly, the unutilised proceeds of ₹608.50 million under the object “Funding organic growth in our financial services business” have been reallocated towards an equity investment in MobiKwik Distribution Services Private Limited (MDSPL, formerly MobiKwik Credit Private Limited). This will enable MDSPL to carry on the LSP business. Part of the unutilised amount under “Capital expenditure for our payment devices business” has been reallocated to “Funding organic growth in our payment services business” to meet device deployment costs to merchants, such as manpower, business promotion and advertisement. Further, the utilisation timeline for the relevant objects has been extended up to March 31, 2027, to facilitate effective utilisation of the unutilised IPO proceeds.”the company’s own explanation, as filed · shareholders approved the change
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing