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MobiKwik shares fall 6% as Q4 net loss widens to Rs 56 cr

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Shares of One MobiKwik Systems fell 6.3% to Rs 262 in Tuesday’s intraday trade on the BSE after the fintech company reported a sharp widening in its March quarter loss.

The company posted a net loss of Rs 56.03 crore in Q4 FY25, compared to a loss of just Rs 67 lakh in the same period last year — an 83x increase.

Revenue for the quarter rose marginally by 2.6% year-on-year to Rs 278 crore, up from Rs 271 crore in Q4 FY24. The company’s payments gross merchandise value (GMV) grew 2.3x YoY to Rs 3,31,000 crore, while revenue from the payments business doubled to Rs 211 crore.

Despite this growth, MobiKwik reported an EBITDA loss of Rs 45.8 crore, citing lower contribution margins. The company said that even with reduced fixed costs, overall losses continued.

“Our Payments Business has shown remarkable strength, growing threefold year-over-year. Our focus for this year will be to leverage AI as a growth catalyst — to accelerate go-to-market, drive revenue growth, and expand margins through intelligent automation,” said Upasana Taku, Executive Director, Co-founder & CFO.

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For the full financial year, total income rose 34% YoY to Rs 119.2 crore, led by strong growth in payments revenue, which jumped 142%. However, the company noted that the contribution margin remained low at 30%, primarily due to a higher revenue mix from the payments segment. Revenue from financial product distribution declined amid sector-wide headwinds in lending.

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MobiKwik shares price target


According to Trendlyne, the average target price for One Mobikwik Systems is Rs 700, indicating a potential upside of 154% from current levels. The stock holds a ‘Strong Buy’ rating based on recommendations from one analyst.

MobiKwik shares price performance


Year-to-date, the stock has fallen 55%, although it has gained 14% over the past two weeks. The company’s current market capitalisation stands at Rs 2,137 crore.

(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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