One MobiKwik Systems MOBIKWIK
Payments app and payment gateway (Zaakpay) with digital credit and wealth products; listed Dec 2024
Mapped in 1 theme: Consumer Internet.
Where One MobiKwik Systems sits in the supply chain
One MobiKwik Systems appears in 1 supply-chain layer in one theme, Consumer Internet.
Consumer Internet › Payments & consumer fintech
OperatorOther companies in this layer
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 527 | 539 | 875 | 1,170 | 1,119 |
| Net profit | −128 | −84 | 14 | −122 | −62 |
Latest-year revenue ₹1,119 Cr (FY26, company-wide).
Strengths
- Asset-light credit distribution to a mass user base
- Payment-gateway business adds merchant revenue
Risks
- Small UPI share versus PhonePe, Google Pay and Paytm
- Loss-making after listing as lending partners tightened
- Exposed to RBI digital-lending rules
Common questions
What does One MobiKwik Systems do?
Payments app and payment gateway (Zaakpay) with digital credit and wealth products; listed Dec 2024.
Where does One MobiKwik Systems sit in the supply chain?
One MobiKwik Systems (NSE: MOBIKWIK) is mapped in 1 supply-chain layer: Payments & consumer fintech (Consumer Internet).
Who are One MobiKwik Systems' peers?
In the Payments & consumer fintech layer of Consumer Internet: One 97 Communications (Paytm), PhonePe (not NSE-listed), Pine Labs, Razorpay (not NSE-listed) and Flipkart (not NSE-listed).
What is One MobiKwik Systems' market cap and valuation?
As of 6 Nov 2026: market cap ₹1,780 Cr, P/E 56.4x, ROCE −2.3%, ROE −8.3%, dividend yield 0%.