MobiKwik Systems Stock Declines 3.5% Amid Flat Sequential Growth in Q4 Net Profit

MobiKwik Shares Fall 3% After March Quarter Results

Shares of One MobiKwik Systems Limited fell by over 3% in Tuesday's trade following the company's announcement of its March quarter results.

According to the latest data available on the National Stock Exchange (NSE), the stock was trading at Rs 219.70, down by Rs 7.92 in the session. This decline marks a significant drop in the company's stock price.

The March quarter (Q4FY26) results show that MobiKwik reported a net profit of Rs 4.11 crore, compared with a net profit of Rs 4.25 crore in the December quarter. This indicates largely flat sequential profitability.

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On a year-on-year basis, the company reported a sharp turnaround from a net loss of Rs 55.71 crore in the March 2025 quarter.

The revenue from operations stood at Rs 282.15 crore in the March quarter, compared with Rs 286.26 crore in the December quarter and Rs 265.85 crore in the year-ago period.

At the operating level, EBITDA came in at Rs 19.52 crore in Q4FY26, compared with Rs 18.50 crore in Q3FY26. In the corresponding quarter last year, the company had reported an EBITDA loss of Rs 43.71 crore. The EBITDA margin improved to 6.7% in the March quarter from 6.2% in the December quarter, while it stood in negative territory in the year-ago period.

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The company also invested Rs 55 crore in building its new merchant payments business, which it expects to deliver 10x growth by FY28.