One Mobikwik Systems Ltd

The transcript does not explicitly mention the current or expected order book or pending orders. However, relevant insights related to business outlook and growth plans include: - MobiKwik is focusing on scaling its merchant network, adding about 1 to 1.5 lakh merchants every quarter. - The company is investing IPO proceeds prudently to double down on existing lines and invest in new business lines. - Distribution of financial products is expected to bounce back to FY'24 levels, indicating anticipation of increased business. - New innovative products like the RuPay Credit Card and Pocket UPI are being deployed to increase market share. - The launch of India's CBDC e-Rupee wallet reflects the company's push into new payment technologies. - Growth in wallet, bill payments, and UPI transactions indicate increasing payment volumes. No explicit order book or pending order figures are disclosed in the call.

- The company raised ₹572 crores in capital via its IPO, completed at the end of December 2024. - As of early 2025, this capital is largely un-deployed, with only the General Corporate Purpose portion withdrawn. - The company is currently planning how to prudently invest the raised capital to scale existing business lines and invest in new product lines. - There is no explicit mention of any new or upcoming fundraising through debt or equity beyond the IPO. - The management emphasizes focusing on deploying the recently raised IPO funds wisely rather than raising additional capital immediately.

- As of February 2025, MobiKwik completed its IPO capital raise of ₹572 crores at the end of December 2024. - The capital raised from the IPO has not yet been fully deployed; only the General Corporate Purpose (GCP) portion has been withdrawn so far. - The company is in the planning phase to prudently and smartly allocate this capital. - Planned investments include scaling existing business lines and investing in new business lines to create future upside. - Investments will focus on areas highlighted in the prospectus, including device and CAPEX plans, DLG portfolio allocation, and user acquisition ramp-up. - Management expects that the benefits of these investments will start to materialize in upcoming quarters and years. - The approach will continue to be frugal with a high bar for governance to balance profit growth with investment.

- Payments business is growing rapidly, with payment GMV growing over 3x in the current year and more than 100% annually over several years. - Nine months FY25 revenue from payments (73%) has already exceeded full-year FY24 revenue from this segment. - Distribution of financial products revenue for nine months FY25 (346 crores) has surpassed FY24 full year (317 crores), though quarterly decline is noted due to sectoral headwinds. - Expectation of a rebound in disbursals and stronger margins in financial product distribution in upcoming quarters. - Continuous scaling of UPI business through innovative products like RuPay Credit Card and Pocket UPI, which carry MDR and are expected to grow market share. - Long-term bullish stance on distribution of financial products including lending, savings, and credit cards. - Capital raised from IPO to be deployed soon to fuel growth. - Fixed costs optimized to drive operating leverage with an aim for sustained growth and profitability.

- MobiKwik expects continued strong growth in payment GMV, having grown 3X in the current year. - Financial product distribution had a temporary decline due to sectoral headwinds but is expected to bounce back to FY'24 levels, improving margins and bottom line in upcoming quarters. - Long-term bullish view on distribution of financial products (loans, savings, insurance), leveraging digital DSA model. - Fixed costs are currently controlled and expected to be further optimized, leading to operating leverage benefits. - New insurance and savings businesses will be launched soon, supporting revenue diversification and growth. - Contribution margins in lending expected to remain stable around 4-5% net despite FLDG contract changes. - Scaling up UPI products like Pocket UPI and RuPay credit cards will help sustain payments revenue growth. - Capital raised in IPO is yet to be deployed; investments planned to drive growth from Q4 FY25 onwards.