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Earnings Call Transcript

OnEMI Technology Solutions Earnings Call Transcript: Key Takeaways

Kisht reports robust 61% YoY AUM growth while aggressively pivoting toward high-quality customers to lower credit risk. Management leverages AI for collections and underwriting to sustain profitability amid sectoral stress in small-ticket loans.

Guidance and delivery
Management target Revenue 40.0% FY27
Highlights
Revenue growthTotal income grew 45% YoY; AUM up 61% YoY.
MarginsRevenue margins compressed 249 bps due to higher high-quality customer mix.
Demand visibilityStrong demand from 74.6 million registered users and growing credit markets.
Management confidenceBalanced; focused on prudence and risk-adjusted growth over sheer volume.

Growth

AUM grew 61% YoY to ₹8,001 Cr; Net Profit rose 59% to ₹95 Cr.

Outlook

Guiding 40%+ AUM growth and 15% reduction in credit costs for FY27.

Risks

Rising industry-wide defaults in small loans; management paused lending in 450 pin codes to contain risk.

Last quarter's promises, checked

Delivered

  • Guided 40%+ AUM growth → delivered 61% YoY (= BEAT)
  • Targeted ROA 4.5%-5% → delivered 5% (= BEAT)
  • Targeted ROE 19%-21% → delivered 24% (= BEAT)

Partly delivered

  • Targeted 10%-15% credit cost reduction → delivered 7% impairment in Q4 (= PARTIAL)

Missed

  • Targeted GNPA below 2.25% → delivered 2.89% (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: KISSHT. Summary written with AI assistance from the document.

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OnEMI Technology Solutions Ltd: key numbers

Share price
₹348.40
Market cap
₹6,176 Cr
Revenue (annual)
₹2,179 Cr
Net profit (annual)
₹281.4 Cr
P/E (TTM)
19.5×Sector 22.0×
Promoter holding
24.80%
FII holding
7.64%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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18:50 IST BSE
Other Announcement

OnEMI Technology Solutions Other Announcement

OnEMI Technology Solutions Ltd appointed Ms. Ramadevi Satish Venigalla as Secretarial Auditor for five consecutive financial years, approved at the company's 10th Annual General Meeting.

18:06 IST NSE
Annual General Meeting

OnEMI Technology Solutions Annual General Meeting

OnEMI Technology Solutions Limited will hold an Extra-ordinary General Meeting on October 14, 2026, to approve a preferential issue of equity shares.

18:02 IST BSE
Annual General Meeting

OnEMI Technology Solutions Annual General Meeting

OnEMI Technology Solutions Ltd issued a notice for an EGM to be held on October 14, 2026, to approve a preferential issue of equity shares worth ₹832.20 Crore.

Value
₹832.2 Cr
10:33 IST BSE
Fund Raise

OnEMI Technology Solutions Fund Raise of ₹832 Cr

OnEMI Technology (Kissht) Board approved raising approximately 832 Crore via preferential equity issue. 75% will fund subsidiary Si Creva to scale lending; 25% for corporate purposes.

Value
₹832.0 Cr
21:54 IST BSE
Capital Structure Change

OnEMI Technology Solutions Capital Structure Change

OnEMI Technology Solutions approved a preferential issue of up to 2.65 crore shares to investors at ₹314.11 per share. The issue targets raising approximately ₹832.20 Crore.

Value
₹832.2 Cr
13:27 IST BSE
Board Meeting Date

OnEMI Technology Solutions Board Meeting Date

OnEMI Technology Solutions scheduled a board meeting for September 17, 2026, to consider a proposal for raising funds via a preferential issue of securities.