MobiKwik FY26 EBITDA Nears Breakeven at ₹-5 Cr
MobiKwik Systems Ltd reported a significant turnaround in FY26, achieving an EBITDA of ₹-5 crores, a substantial improvement from FY25's ₹-79 crores. The company posted positive EBITDA in Q3 and Q4 of FY26, reaching ₹15 crores and ₹17 crores respectively. This financial performance demonstrates the effectiveness of their profitable business model. Key strategic moves include shareholder approval for transferring the Lending Services Provider business to a wholly-owned subsidiary, MobiKwik Distribution Services Private Limited, via a slump sale. This also involves amending IPO objects and extending the utilization period for IPO proceeds. The company is also pursuing an NBFC license to bolster lending capabilities and drive profitable growth, reinforcing its commitment to transparency and compliance.
Key Highlights
- FY26 EBITDA improved to ₹-5 Cr from FY25's ₹-79 Cr.
- Achieved positive EBITDA in Q3 and Q4 of FY26.
- Shareholder approval secured for transferring lending business to subsidiary.
- NBFC license application strengthens lending capabilities.
- Strategic move to enhance operational efficiency and profitable growth.
Price Impact
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