Athira Sethu
Kochi, 24 Feb 2026
MobiKwik, a major fintech firm, recently announced that its subsidiary, One MobiKwik Systems (MSBPL), has obtained approval from the Bombay Stock Exchange (BSE) to commence its stock broking operations. This development, which came into effect on February 24, 2026, is in line with the stock broking license obtained by MSBPL from the Securities and Exchange Board of India (SEBI) in July 2025.
MobiKwik can now initiate its stock broking services on the BSE platform, involving the purchase, sale, clearing, and settlement of equity shares. This is a major move for MobiKwik, as it enters the financial services industry to tap the retail investor base in India.
MobiKwik, an entity of One MobiKwik Systems, is a major digital wallet company in India, providing a broad spectrum of payment and financial solutions for consumers as well as merchants.
MobiKwik Q3 2026 Financial Performance
MobiKwik also reported strong financial results for Q3 2026:
| Metric | Q3 2026 | Q3 2025 |
| Net Profit | ₹4 Crore | -₹55.2 Crore |
| Revenue | ₹289 Crore | ₹269.4 Crore |
| EBITDA | ₹6.8 Crore | -₹47.6 Crore |
| EBITDA Margin | 2.4% | N/A |
The company posted a net profit of ₹4 crore in Q3 2026, a major improvement from the net loss of ₹55.2 crore in the same period last year. The company’s revenue increased by 7.4% year-over-year to ₹289 crore. EBITDA improved from a loss of ₹47.6 crore to a profit of ₹6.8 crore, with an EBITDA margin of 2.4%.
MobiKwik’s Stock Performance
MobiKwik’s stock has not performed well in the market despite the company’s positive financial performance. The stock has declined by 5% in the last five trading days and by 11% in the last six months. The stock has declined by 12.11% in 2026 so far. The stock has declined by 35% in the last year, and it is down by 59% since its listing in December 2024.
