One Mobikwik Systems Ltd
Incorporated in 2009, One Mobikwik Systems
Ltd is a digital banking platform which offers
a wide range of financial products for both consumers and merchants[1]
- Market Cap ₹ 3,791 Cr.
- Current Price ₹ 488
- High / Low ₹ 605 / 439
- Stock P/E 425
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 7.58 %
- ROE 5.20 %
- Face Value ₹ 2.00
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 25.2%
- Company has a low return on equity of -40.5% over last 3 years.
- Earnings include an other income of Rs.17.0 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 306 | 271 | 487 | 526 | 867 | |
| 416 | 391 | 621 | 604 | 848 | |
| Operating Profit | -111 | -120 | -134 | -79 | 19 |
| OPM % | -36% | -44% | -28% | -15% | 2% |
| 22 | 21 | 19 | 21 | 17 | |
| Interest | 10 | 7 | 10 | 21 | 22 |
| Depreciation | 3 | 1 | 2 | 4 | 4 |
| Profit before tax | -102 | -108 | -128 | -83 | 9 |
| Tax % | 0% | 0% | 0% | 0% | 0% |
| -102 | -108 | -128 | -83 | 9 | |
| EPS in Rs | -1,016.12 | -1,071.34 | -22.38 | -14.44 | 1.56 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 47% |
| TTM: | 65% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 28% |
| TTM: | 111% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -40% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 11 | 11 | 11 |
| Reserves | -29 | -15 | 225 | 153 | 167 |
| 90 | 70 | 151 | 224 | 260 | |
| 270 | 360 | 432 | 351 | 432 | |
| Total Liabilities | 332 | 416 | 819 | 740 | 870 |
| 5 | 1 | 9 | 15 | 16 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 9 | 42 | 53 | 63 | 66 |
| 318 | 374 | 757 | 662 | 788 | |
| Total Assets | 332 | 416 | 819 | 740 | 870 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -22 | -37 | -321 | 17 | -25 | |
| 20 | 8 | -83 | -26 | 23 | |
| -23 | 73 | 330 | 36 | 18 | |
| Net Cash Flow | -25 | 43 | -74 | 28 | 16 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 20 | 43 | 27 | 52 | 34 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 20 | 43 | 27 | 52 | 34 |
| Working Capital Days | -213 | -313 | -131 | -117 | -47 |
| ROCE % | -170% | -50% | -16% | 8% |
Business Overview:[1]
OMSL operates a tech-first application based business that provides payments and digital financial services to consumers and merchants through its MobiKwik platform. This platform business has a two-sided payments network, consisting of consumers and merchants. It has acquired 161.03 million Registered Users and enabled 4.26 million Merchants to make and accept payments online and offline. Company added newer products to its digital credit, investments, and insurance verticals.