MobiKwik, one of India’s leading digital payments and financial services platforms, has been a notable player in the fintech space. After its recent listing on the stock exchanges, its share price has experienced significant volatility, drawing both investor enthusiasm and caution. This blog explores MobiKwik’s current share price trends, financial performance, and what investors should consider before making investment decisions.
MobiKwik Share Price Overview
As of March 19, 2025, MobiKwik’s share price stood at ₹333.40 on the National Stock Exchange (NSE). The stock has experienced a 52-week high of ₹698.30 and a 52-week low of ₹231.10. The company’s market capitalization is ₹2,590 crore, making it a mid-cap stock in the fintech space 【10】.
Recent Stock Performance
- IPO Performance: MobiKwik had a highly successful IPO, where its share price surged 90% on debut, raising ₹572 crore. The IPO was oversubscribed 119 times, showing strong investor interest 【9】.
- Post-Listing Volatility: After an initial surge, the stock witnessed profit booking, causing it to dip 6% after a 117% gain in just two sessions 【9】.
- Short-Term Trends: In the past one month, MobiKwik’s share price has declined by 6.39%, reflecting market fluctuations 【10】.
Financial Performance and Business Growth
MobiKwik has shown strong revenue growth but has struggled with profitability.
- Revenue Growth: In FY 2023-24, revenue increased by 62% YoY to ₹875 crore 【10】.
- Profitability Challenges: Despite strong revenue growth, MobiKwik reported a net loss of ₹3.5 crore in Q2 2024, compared to a profit of ₹5.2 crore in Q2 2023. However, revenue grew 43% YoY to ₹291 crore 【9】.
- Debt and Valuation: MobiKwik has a high debt-equity ratio of 150.5%, which raises concerns about financial stability 【7】. Its Price-to-Earnings (P/E) ratio is -39.1, suggesting negative earnings, and the Price-to-Sales (P/S) ratio stands at 2.2x, indicating moderate valuation compared to revenue 【7】.
Factors Influencing MobiKwik Share Price
Table of Contents
1. Growth in Digital Payments and Credit Services
MobiKwik has expanded its services, including UPI payments, pay-later options (MobiKwik ZIP), personal loans, and co-branded credit cards. The rising adoption of digital payments in India could benefit MobiKwik in the long run 【7】.
2. Investor Confidence and Institutional Stake Sales
Recently, Peak XV Partners (formerly Sequoia India) sold a 1.5% stake for ₹82 crore, which could indicate changing institutional sentiment toward the stock 【9】.
3. Market Volatility and Competition
MobiKwik faces intense competition from Paytm, PhonePe, and Google Pay, making it essential for the company to differentiate itself and achieve profitability soon. Additionally, the broader fintech industry remains volatile, affecting investor confidence.
Should You Invest in MobiKwik?
Pros:
✅ Strong Revenue Growth: The company’s revenue has grown significantly, indicating business expansion.
✅ Rising Digital Payments Market: India’s digital payments sector is growing, which could benefit MobiKwik.
✅ IPO Success: The strong IPO debut reflects investor confidence.
Cons:
❌ Profitability Concerns: The company is still reporting losses, making it a risky investment.
❌ High Debt Levels: A high debt-equity ratio of 150.5% could be a concern for long-term financial stability.
❌ Stock Volatility: The stock has been highly volatile, making it unsuitable for risk-averse investors.
Conclusion
MobiKwik’s share price has seen significant fluctuations since its IPO. While the company is showing strong revenue growth, its lack of profitability and high debt levels are key concerns for investors. The fintech sector’s overall growth potential remains strong, but MobiKwik must demonstrate consistent earnings to maintain long-term investor confidence.
For short-term traders, MobiKwik offers volatility-based opportunities. However, long-term investors should assess the company’s path to profitability before making a decision. Investors should closely monitor upcoming earnings reports and key business developments before investing.
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