Shares of MobiKwik Systems Ltd surged 4.68% to ₹214.60 following the announcement of Q1 FY27 earnings, with the stock reaching an intraday high of ₹222.80 on Monday. According to Business Standard, the stock opened with a gap-up at ₹207.95 and extended gains to hit the intraday high, demonstrating strong investor confidence in the company's sustained profitability trajectory. The 4.68% rally reflects investor focus on the company's improved margins and revenue growth during the quarter.
MobiKwik Systems Ltd delivered its third consecutive profitable quarter in Q1 FY27, reporting a consolidated net profit of ₹7.61 crore for the quarter ended June 30, 2026, compared with a net loss of ₹49.5 crore in the corresponding quarter of the previous year. According to the latest financial results, the company's revenue from operations grew 4% year-on-year to ₹281.5 crore in Q1FY27, up from ₹271.36 crore in the year-ago period. Sequentially, revenue declined 2.5% from ₹288.71 crore in Q4 FY26. The company demonstrated significant operational improvement with EBITDA swinging positive to ₹15.77 crore, reversing a loss of ₹31.20 crore previously, representing an improvement of ₹470 million. Pre-tax profit stood at ₹7.64 crore compared to a pre-tax loss of ₹41.88 crore in the same period last year. Total operating expenses fell by 12.6% to ₹273.38 crore in Q1 FY27 from ₹312.82 crore in Q1 FY26, indicating enhanced cost management and operational efficiency.
The company's payments business continued its exceptional performance with gross merchandise value (GMV) reaching a record ₹58,700 crore during the quarter, marking a 50% year-on-year increase from ₹39,200 crore in Q1FY26. As reported by Business Standard, this represents the 14th consecutive quarter of record GMV growth, highlighting the sustained strength of MobiKwik's payments platform. The company's payments business delivered record transaction volumes with improving unit economics, demonstrating the effectiveness of its platform expansion and user engagement strategies. According to the latest exchange filing, the company has maintained this record GMV streak of 14 straight quarters with improved unit economics across its payments segment. Net payments margin stood at 13 basis points, while gross margin improved to 37% from 28% in the prior year, indicating enhanced operational efficiency.
In a significant strategic development, MobiKwik is leveraging artificial intelligence to accelerate its lending business growth. According to Business Standard, Upasana Taku, co-founder, executive director and CFO, revealed that the company has identified almost 96 million users for whom it has sufficient information to offer loans. The company has deployed AI models on this data to segment users and offer different loan products, with expectations to generate at least ₹300 crore of additional disbursals every quarter. Taku explained that the strategy focuses on reducing loan application drop-offs and converting passive users into active borrowers. This AI-driven approach comes after the company secured its NBFC licence in April 2025, enabling the launch of MobiKwik Financial Services Private Limited (MFSPL), a wholly owned subsidiary. The lending business has already demonstrated strong momentum with gross profit surging 5.6 times to ₹433 million and net financial services margins expanding fivefold to 5.9%.
According to Business Standard, Bipin Preet Singh, co-founder, managing director and CEO of MobiKwik, highlighted the company's strong performance: "Our Q1 FY27 performance reinforces that profitability is embedded in our business model, with three consecutive profitable quarters alongside continued investments in growth. In Payments, we have delivered a record GMV streak of 14 straight quarters, achieving 50% YoY growth with improved unit economics. In Lending, we grew Gross Profit 5.6x YoY, demonstrating robust credit quality and strong portfolio recoveries. We remain focused on deepening our Payments leadership, expanding our digital Financial Services ecosystem, and creating sustainable long-term value for our customers and shareholders." Singh emphasized that the company's market capitalisation stood at ₹1,729 crore as of Monday's trading session. The 52-week high was ₹334 achieved on September 8, 2025, while the 52-week low was ₹151.46 on March 30, 2026. The company's focus on deepening payments leadership and expanding its digital financial services ecosystem positions it well for continued growth in the competitive fintech landscape.
