One Mobikwik Systems Approves Audited Financial Results for Year Ended March 31, 2026
One Mobikwik Systems Limited announced the approval of its audited financial results for the quarter and full year ended March 31, 2026. The Board of Directors reviewed and approved the standalone and consolidated financial results on May 12, 2026.The Company provided detailed reports across its financial statements, including the balance sheet, consolidated profit and loss statements, and cash flow reports, for the fiscal year ended March 31, 2026, compared to the previous year.
Financial Statements Overview
The audited financial results for the year ended March 31, 2026, show significant figures across the key statements.Consolidated Balance Sheet (Amounts in INR millions)
| Particulars | As at 31 March 2026 Audited | As at 31 March 2025 Audited |
|---|---|---|
| Total non-current assets | 1,462.20 | 1,619.28 |
| Total current assets | 12,623.50 | 11,984.43 |
| Total assets | 14,085.70 | 13,603.71 |
| Total equity | 5,388.96 | 5,886.50 |
| Total liabilities | 8,696.72 | 7,717.21 |
| Total equity and liabilities | 14,085.70 | 13,603.71 |
Consolidated Financial Results (Amounts in INR millions)
| Particulars | Quarter ended 31 March 2026 | Year ended 31 March 2026 | Quarter ended 31 March 2025 | Year ended 31 March 2025 |
|---|---|---|---|---|
| Revenue from operations | 2,887.12 | 11,192.32 | 2,677.84 | 11,701.74 |
| Total income | 2,960.32 | 11,541.95 | 2,785.24 | 11,924.90 |
| Total expenses | 2,786.21 | 11,593.89 | 3,242.85 | 12,718.89 |
| Profit/(Loss) for the period/ year | 43.84 | (621.01) | (560.37) | (1,215.29) |
| Total comprehensive income/(loss) for the period/ year | 69.76 | (593.40) | (557.73) | (1,225.69) |
| Basic EPS | 0.56 | (7.93) | (8.88) | (19.27) |
Cash Flow Summary
The audited consolidated cash flow statement for the year ended March 31, 2026, reported a net cash used in operating activities of (781.40) INR million. The net cash generated from investing activities was 822.51 INR million, and net cash used in financing activities was (22.31) INR million.Key Corporate and Operational Developments
Capital Structure and UtilizationThe Company received a total of INR 5,305.17 million as net proceeds from the initial public offering (IPO). These funds were earmarked for various growth areas:
- Funding organic growth in the financial services business: INR 1,500.00 million.
- Funding organic growth in the payment services business: INR 1,350.00 million.
- Research and development in data, ML and AI: INR 1,070.00 million.
- Capital expenditure for payment devices business: INR 702.85 million.
- General corporate purposes: INR 682.32 million.
Operational Initiatives
In the quarter ended March 31, 2026, the Company granted 53,000 stock options under the MobiKwik Employee Stock Option Plan 2014, and 71,804 stock options were exercised by eligible employees.
Litigation and Recovery Efforts
The Company filed a First Information Report (F.I.R.) on September 13, 2025, alleging that unauthorized settlements totaling INR 403.59 million were fraudulently claimed. As of March 31, 2026, the Company successfully recovered INR 276.02 million, with an additional INR 9.26 million remaining secured. The Company is actively pursuing the recovery of the remaining balance of INR 118.31 million, recognizing an expense for Expected Credit Loss.
Accounting and Labour Codes
The financial results incorporated the impact of new labour codes. The Company evaluated the overall impact of the new labour code and factored in costs related to past service cost, amounting to INR 18.38 million for gratuity, INR 14.59 million for leave provisions, and INR 2.24 million for provident fund.
Segment Reporting
The Group operates within a single operating segment, identified as financial and payment services.
MOBIKWIK Stock Price Movement
As of 10:46 AM, shares of One Mobikwik Systems Limited are slipping by 1.32% in live trading, currently at ₹224.62. The stock is tracking significantly down on a total volume of 1.71 million shares traded so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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