One Mobikwik Systems Limited (MOBIKWIK) AI Stock Analysis

• Market Cap: ₹17.64B
• Dividend Yield: N/A
• Average Volume (3M): 163.58K
• Price to Earnings (P/E): 111.2
• Beta (1Y): 3.17
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: N/A
• Sector: Services
• Sector Strength: N/A
• Industry: Financial - Credit Services
• EPS (TTM): -5.40
• Shares Outstanding: 78,152,180
• 10 Day Avg. Volume: 92,588
• 30 Day Avg. Volume: 163,583
• PEG Ratio: 0.01
• Price to Book (P/B): 3.10
• Price to Sales (P/S): 1.56
• P/FCF Ratio: -23.64
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹231.00
• Price Target Upside: 0.98% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 47 Neutral
• Price Target: ₹231.00 ▲(0.98% Upside)

One Mobikwik Systems Limited displays strong revenue growth but is undermined by poor profitability and liquidity concerns. Technical indicators suggest bearish momentum, while valuation is adversely impacted by negative earnings. High debt levels further compound the risk, necessitating close monitoring of financial health.

One Mobikwik Systems Limited Business Overview & Revenue Model

Company Description

One Mobikwik Systems Limited (MOBIKWIK) is an Indian digital financial services company specializing in mobile payments and digital wallets. Founded in 2009, the company offers a platform for users to load money into a mobile wallet which can be used for a variety of transactions including bill payments, mobile recharges, and shopping. In addition to its consumer services, Mobikwik also provides payment gateway solutions to various online merchants, enhancing their ability to accept digital payments.

How the Company Makes Money

Mobikwik generates revenue primarily through transaction fees and service charges associated with its digital wallet and payment gateway services. The company earns a percentage from each transaction processed through its platform, whether it involves bill payments, mobile recharges, or purchases at affiliated merchants. Additionally, Mobikwik offers financial services such as lending and insurance products, expanding its revenue streams. Partnerships with banks, financial institutions, and a wide network of merchants further bolster its earnings by enabling seamless integrations and expanding its user base.

One Mobikwik Systems Limited Financial Statement Overview

Summary

One Mobikwik Systems Limited shows strong revenue growth and a solid gross profit margin. However, profitability struggles with negative EBIT and net income, and cash flow sustainability remains a concern due to negative cash flow from operations. The balance sheet indicates improved equity and stability, but high debt levels remain a risk.

Income Statement

One Mobikwik Systems Limited has shown strong revenue growth, with a significant increase from 2024 to 2025. Gross profit margin remains high, indicating effective cost management. However, the company is struggling with profitability as evidenced by negative EBIT and net income in the most recent year.

Balance Sheet

The debt-to-equity ratio has improved due to increased equity, suggesting better financial stability. However, the high level of debt remains a concern. The equity ratio has also improved, indicating a stronger financial position but still warrants attention to liabilities.

Cash Flow

Cash flow from operations is negative, highlighting potential liquidity issues. The company is investing heavily, as seen in the negative free cash flow, but this is not yet translating into positive net income. The cash flow situation needs close monitoring.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.70B	11.70B	8.75B	5.39B	5.27B	2.89B
Gross Profit	7.09B	10.00B	7.68B	4.53B	4.48B	2.41B
EBITDA	-185.53M	-793.99M	659.10M	-568.40M	-1.17B	-1.02B
Net Income	-1.22B	-1.22B	140.79M	-838.14M	-1.28B	-1.11B
Balance Sheet
Total Assets	13.60B	13.60B	8.55B	7.14B	8.36B	4.23B
Cash, Cash Equivalents and Short-Term Investments	11.00B	11.00B	2.01B	996.70M	1.64B	834.19M
Total Debt	2.92B	2.92B	2.23B	2.06B	1.58B	605.93M
Total Liabilities	7.72B	7.72B	6.92B	5.72B	6.20B	4.43B
Stockholders Equity	5.89B	5.89B	1.63B	1.43B	2.17B	-200.13M
Cash Flow
Free Cash Flow	-30.91M	-771.87M	-276.99M	255.62M	-3.24B	-351.15M
Operating Cash Flow	42.38M	-681.63M	-220.66M	270.13M	-3.21B	-345.06M
Investing Cash Flow	-322.19M	-3.13B	270.63M	-6.78M	-847.72M	104.92M
Financing Cash Flow	10.11M	5.15B	34.85M	179.68M	3.29B	725.72M

One Mobikwik Systems Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HATHWAY	68 Neutral	₹25.52B	24.74		―	4.19%	11.08%
SATINDLTD	66 Neutral	₹10.80B	18.75		0.31%	19.70%	-72.09%
Sector *	65 Neutral	€3.93B	14.19	-1.72%	4.33%	3.29%	-18.58%
SATIN	62 Neutral	₹15.41B	12.24		―	10.96%	-73.61%
VAKRANGEE	53 Neutral	₹9.36B	129.54		0.58%	22.93%	16.61%
MOBIKWIK	47 Neutral	₹17.64B	111.19		―	―	―

One Mobikwik Systems Limited Corporate Events

Mobikwik Releases Shareholders’ Letter for Q2 2025

One Mobikwik Systems Limited has released its Shareholders’ Letter for the quarter ending June 30, 2025. The letter, which is available on the company’s website, reflects the company’s ongoing commitment to simplifying finance and empowering users across India. This announcement underscores Mobikwik’s strong market presence and its role in the digital finance sector.

Mobikwik Reports Strong Q1 Growth and Strategic Appointments

One Mobikwik Systems Limited announced its financial results for the quarter ending June 30, 2025, highlighting a significant 32% growth in EBITDA. The company also approved the appointment of new auditors and the continuation of IPO proceeds utilization into the next fiscal year. These developments are poised to strengthen Mobikwik’s financial position and operational efficiency, potentially enhancing its market competitiveness.

MobiKwik Announces Strong Q1 Performance and Strategic Appointments

One Mobikwik Systems Limited’s board meeting on July 31, 2025, resulted in several key decisions, including the approval of unaudited financial results for the quarter ending June 30, 2025, and the appointment of new auditors, subject to shareholder approval. The company also plans to carry forward IPO proceeds to the next fiscal year and announced a record high in payments GMV and gross margin, alongside a 32% EBITDA growth in Q1 FY26, highlighting its strong financial performance and strategic positioning in the digital payments market.