Date: July 06, 2026
Financial Results (Standalone & Consolidated)
- Achieved EBITDA profitability in Q3 FY26 with INR 15 crores and Q4 FY26 with INR 17 crores
- This represents a true turnaround from losses sustained for 4 straight quarters post listing in December 2024
- FY26 full-year EBITDA stood at INR -5 crores, close to breakeven
- Delivered massive swing from FY25 EBITDA of INR -79 crores
- The inflection demonstrates that efforts to build a profitable business model are working
Strategic Actions
- Received NBFC licence, which significantly strengthens lending capabilities and sets the stage for profitable growth
- Shareholders approved transfer of Lending Services Provider business to wholly owned subsidiary MobiKwik Distribution Services Private Limited (formerly MobiKwik Credit Private Limited)
- Transfer will be executed on a slump sale basis
- Shareholder approval obtained through remote e-voting postal ballot concluded on July 2, 2026
Corporate Governance & Compliance
- Committed to maintaining straightforward, transparent corporate structure in agreement with regulator
- Applied for NBFC licence to strengthen compliance framework
- Shareholders approved three special resolutions:
1. Alteration of object clause of Memorandum of Association
2. Approval for sale and transfer of Lending Services Provider business
3. Changes in objects and terms of utilisation of IPO proceeds, including extension to time limit for their use
Management Commentary
- 2026 described as a "turning point" and "great year" where MobiKwik's true potential came to life
- Company building platform to give every Indian tools to handle finances confidently
- Aiming to become the most trusted name in digital finance
- Committed to driving sustainable growth and enhancing value for all stakeholders
- Business transfer represents a strategic move to focus more on what matters and operate with greater efficiency