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 ₹ 1,984 Cr.
- Current Price ₹ 255
- High / Low ₹ 698 / 231
- Stock P/E 223
- Book Value ₹ 21.8
- Dividend Yield 0.00 %
- ROCE 7.58 %
- ROE 5.20 %
- Face Value ₹ 2.00
Pros
Cons
- Stock is trading at 11.6 times its book value
- 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.
Peer comparison
Sector: E-Commerce/App based Aggregator Industry: Miscellaneous
Part of BSE Allcap BSE Financial Services BSE IPO BSE SmallCap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 11 | 11 | 11 | 11 |
| Reserves | -29 | -15 | 225 | 153 | 167 | 158 |
| 90 | 70 | 151 | 224 | 260 | 268 | |
| 270 | 360 | 432 | 351 | 432 | 454 | |
| Total Liabilities | 332 | 416 | 819 | 740 | 870 | 891 |
| 5 | 1 | 9 | 15 | 16 | 20 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 9 | 42 | 53 | 63 | 66 | 66 |
| 318 | 374 | 757 | 662 | 788 | 805 | |
| Total Assets | 332 | 416 | 819 | 740 | 870 | 891 |
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% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Zaakpay gets RBI license to operate as Online Payment Aggregator, boosting MobiKwik's B2B payments.
-
Intimation For Granting Of Certificate Of Authorisation To Operate As An 'Online Payment Aggregator' To Zaak Epayment Services Private Limited (Material Subsidiary Of The Company) By The Reserve Bank Of India.
1d - RBI grants Zaakpay certificate to operate as Online Payment Aggregator, enabling business expansion.
-
Incorporation Of Mobikwik Financial Services Private Limited, A Wholly Owned Subsidiary Of One Mobikwik Systems Limited
23 Apr - Mobikwik forms wholly owned NBFC subsidiary Mobikwik Financial Services Pvt Ltd with INR 1 lakh capital.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
21 Apr - MobiKwik partners with Poonawalla Fincorp to offer instant personal loans up to ₹15L with flexible repayment.
-
Intimation Of Re-Constitution Of The 'Stakeholders Relationship Committee' And 'Risk Management Committee' Of The Board Of The Company
14 Apr - Re-constitution of Stakeholders and Risk Management Committees.
Concalls
-
Feb 2025Transcript PPT REC
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.