Kissht reports strong Q1 FY27 results; AUM grows 61% YoY to ₹8,001 Cr, PAT up 59%

Kissht reports strong Q1 FY27 results; AUM grows 61% YoY to ₹8,001 Cr, PAT up 59%​

Mumbai: OnEMI Technology Solutions Limited, trading under the name Kissht, announced its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The technology-first digital lender reported significant growth across key metrics, with Assets Under Management (AUM) expanding by 61% year over year (YoY) to ₹8,001 Crore. Profit After Tax (PAT) saw a robust increase of 59% YoY, reaching ₹95 Crore.

The results reflect the company's expansion and disciplined execution in the mass-market and mass-affluent segments.

Q1 FY27 Financial Performance Highlights​

The performance metrics for the quarter demonstrate strong operational scaling combined with healthy profitability.


Kissht’s cumulative customers served crossed 12.25 Million, marking a 26% increase YoY. The company maintains a diversified portfolio structure, with Personal Loans (PL), which constitute the unsecured lending segment, making up ₹7,384 Cr or 92.3% of AUM. Loan Against Property (LAP), a secured product, accounts for ₹617 Cr or 7.7% of AUM, with anticipated acceleration in this area through FY27 and beyond.

Portfolio Management and Asset Quality​

The company reported prudent management of its assets during the quarter. The Gross Non-Performing Assets (GNPA) at Stage 3 stood at 2.25%, representing a 139 basis points bps improvement YoY, despite a modest sequential increase of 13 bps. Net Non-Performing Assets (NNPA) was reported at 0.36%.

The company's operational efficiency remains high, with Collection Efficiency (DPD 30) standing at 96.82%. Furthermore, the ECL coverage on Stage 2 assets strengthened materially to 80.44%, up from 75.58% in Q4 FY26.

In terms of lending structure, the company reported an Off-book AUM of ₹4,284 Cr (53.6% of total), managed across 8 partners under the off-book model, indicating a capital-light, partnership led origination approach supported by over 45 active lending and co-lending partners.

Capital Structure and IPO Proceeds Deployment​

OnEMI Technology Solutions reported strong balance sheet health. Net Worth reached ₹2,245 Cr, a significant increase of 107% YoY and approximately four times the value recorded in March 2023. The company’s Credit Rating remains A-/Stable, with a Debt to Equity ratio (D/E) at 0.91x and CRAR maintained at 40.2%, with Tier-1 capital standing at 39.2%.

The IPO completed on May 8, 2026, involving a fresh issue of ₹850 Cr, which achieved an overall subscription of 9.9x (QIB subscription of 25.9%). A listing premium of 11.7% over the upper price band was noted. In alignment with the IPO's objectives, approximately 75% of the primary issue proceeds (around ₹637 Cr) has been infused as fresh equity into the NBFC subsidiary, Si Creva Capital Services Private Limited, as of May 16, 2026.

Mr. Ranvir Singh, Chairman, Director and CEO of Kissht, commented that Q1 FY27 marks a landmark quarter following the successful listing on the NSE and BSE in May 2026. He stated that the strong operational momentum, highlighted by AUM crossing ₹8,000 crore, has been met with a commitment to continued underwriting and collection discipline, emphasizing capital efficiency and shareholder value creation as a listed entity.

Kissht is founded in Mumbai and serves India's mass-market and mass-affluent segments through its NBFC-Middle Layer subsidiary.

KISSHT Stock Price Movement​

OnEMI Technology Solutions Limited shares edged higher on Wednesday, closing at ₹343.45 after gaining 0.35% in a solid session. The equity traded within a range established by the day's low of ₹334.45 and its high mark of ₹348.90, with over 1.09 million shares transacted.