RATING

RECOMMENDATION

Neutral

  • ROFR Required
  • Available in Depository:

  • NSDL

  • CDSL

  • Available for Investment:

  • Primary

  • Secondary

RATING

RECOMMENDATION

Neutral

Business Type

Emerging Leader

RATING

RECOMMENDATION

Neutral

Business Type

Emerging Leader

  • Mobikwik Growth

Get detailed information about the Mobikwik Share Price. In this research report, you will get to know about Mobikwik Pre IPO data. In addition, get the Complete details about the Net Profit Growth, Revenue Growth and Book Value Growth.

Mobikwik Revenue Growth

Growth in %

  • -18.28%

    1 Year

  • 37.34%

    2 Year

Revenue of the company was continuously increasing but this year due to covid19, consumer payments has decreased and hence company has seen a decrease in revenue. But due to recovery in second half of FY21, company's consumer payments segment contributed 72.58% of total revenue from operations and generated positive segment results after absorbing payment gateway and user incentive cost for the entire platform. This deterioration in revenue is temporary and as economic situation gets better company may see improvement in its revenue.

Mobikwik Net Profit Growth(PAT)

Growth in %

  • NA

    1 Year

  • NA

    2 Year

Mobikwik has reported over 10% higher losses in FY21, with revenue from operations plummeting in the wake of the pandemic and the resultant impact on businesses and individuals which further results in decrease in PAT. But company has been profitable in the BNPL segment as their consumer payments segment provides key competitive advantages for the BNPL segment, including brand recall, large existing KYC user base, big data to assess user creditworthiness and a large merchant ecosystem. As a result of the above building blocks being in place, company have a sustainable base to grow the BNPL business in a scalable and profitable manner.

Mobikwik EPS Growth

Growth in %

  • NA

    1 Year

  • NA

    2 Year

There is sudden improvement in EPS due to increase in number of shares of the company by stock split and bonus issue. But this year EPS has decreased due to decrease in earnings.. With the reduction in impact of covid there are high chances that company may perform better and may see increase in its earnings.

  • Mobikwik Book Value Growth

Growth in %

  • NA

    1 Year

  • NA

    2 Year

BVPS is negative in the past years, primarily due to negative earnings, however with the ease of covid-19 restriction, company is expected to perform better and yield good returns. 

Mobikwik EBITDA Growth

Growth in %

  • NA

    1 Year

  • NA

    2 Year

EBITDA of the company was growing continuously before covid 19, but there was a halt in the pandemic as the no. of transactions were reduced during lockdown. But with situations getting better, the growth may continue.

Mobikwik Operating Profit Growth

Growth in %

  • NA

    1 Year

  • NA

    2 Year

Operating profit of the company is negative but was continuously improving from last 4 years, this year due to decrease in revenues, profit has seen down turn but company tried to manage its expenses efficiently by reducing employee benefit expenses and interest expenses which decreased primarily due to decrease in borrowing and reduction in non-convertible debentures, and hence, it compensated the decrease in revenue. Still there is a huge growth opportunity in the segment and as company is working towards its plans, it can have high growth in future.

Mobikwik Asset Growth

Growth in %

  • 25.21%

    1 Year

  • 12.37%

    2 Year

Mobikwik has closed a Rs150 crore funding round from Abu Dhabi Investment Authority, regulatory filings showed, valuing the digital payments startup at more than $700 million ahead of its public listing slated for later this year and they utilize that to increase their asset base. The company is also working to make its technology base stronger which may lead to improvement in asset growth.

Mobikwik Cash Flow from Operations

Growth in %

  • NA

    1 Year

  • NA

    2 Year

Cash from operations of the company were improving year on year, but has seen a decrease in FY21, as during lockdown transactions were minimal, which impacted company's receivables and also increased some of its financial expenses. 

  • Mobikwik Solvency Ratios

Mobikwik D/E Ratio

Debt of the company has reduced due to decrease in short term borrowings and current maturity of debentures, and equity has been improved from last year, primarily due to improvement in security premium. While equity of the company is negated owing to accumulated losses and this led to negative D/E ratio of the company.

Mobikwik Current Ratio

Company has increased its liabilities and have taken advances from financing partners and others, which led to decrease in Current ratio of the company.

Mobikwik Quick Ratio

Mobikwik Interest Coverage Ratio

Interest coverage ratio of the company has decreased as in FY21 company has incurred more loss due to covid 19, interest of the company has also reduced as company paid off some of its borrowed amount but profit decreased at a higher rate, so they were not able to cover the interest.

  • Mobikwik Operating Efficiency


Mobikwik Operating Profit EBIT Margin(OPM)

Expenses of the company has decreased this year due to reduction in employee benefit expenses, finance cost and other expenses as during lockdown many operating expenses of the company were turned down, but profit was also impacted due to less no. of usage and decrease in customer payments. Which led to decrease in EBIT margin of the company.

Mobikwik Profit Before Tax Margin (PBT Margin)

Mobikwik Profit After Tax Margin (PAT Margin)

Mobikwik reported that losses in FY21 increased by more than 10%, and there is sharp fall in income after the pandemic. This impacted the business and individuals which further led to a decline in PAT.

  • Mobikwik Profitablity Ratio

As of now company is in loss, and is not able to provide sufficient returns to its shareholders hence results shown as ROE and ROCE are not appropriate, but company has high future goals and now they are seeking $1Billion valuation and filed for ₹1900 crore IPO which may exceed Mobikwiks profitability.

Mobikwik Return on Equity(RoE)

P:S - As of now the earnings of the company and the equity is negative due to economic and industrial slowdown owe to the COVID-19 restriction. Hence the numbers are positive

Mobikwik Return on Capital Employed(RoCE)

P:S - As of now the earnings of the company and the equity is negative due to economic and industrial slowdown owe to the COVID-19 restriction. Hence the numbers are positive

Mobikwik Return to Assets (RoA)

Currently company is operating in losses and is not able to generate returns on its assets. Still they are further investing in more assets for providing better fintech solutions to its customers. It will help company in gaining edge in long term.

  • Mobikwik Valuation Ratios

Mobikwik Earning Yield