MobiKwik Share Price Target 2025-2030: As digital payment adoption continues to rise in India, MobiKwik has emerged as one of the leading fintech companies, capturing market attention. Since its IPO and successful public debut, investors have been keenly observing the company’s growth, business model, and potential returns. In this post, we provide a detailed analysis of MobiKwik share price target 2025 and extend our forecast to the years 2026, 2027, 2028, 2029, and 2030.
Company Overview: One MobiKwik Systems Ltd
Founded in 2009, MobiKwik is a prominent Indian fintech company known for its digital wallet, Buy Now Pay Later (BNPL) service, and payment gateway solutions. The company has gradually transformed from a mobile wallet to a full-stack financial services platform catering to both individual users and merchants.
With millions of registered users and a growing merchant base, MobiKwik aims to bridge the financial inclusion gap in India by offering easy-to-access credit and digital payments. The leadership team, spearheaded by Bipin Preet Singh (CEO) and Upasana Taku (COO/CFO), has focused on profitability, scale, and technological innovation.
MobiKwik Share Price History and IPO Performance
MobiKwik made its stock market debut in late 2024 with an IPO price of ₹279. The stock opened at a 58% premium and reached ₹518 on the listing day. This enthusiastic response was driven by MobiKwik’s rapid growth in the digital payments and BNPL sectors.
As of May 2025, MobiKwik shares are trading at around ₹276.90 on the BSE, with a 52-week range between ₹226.85 and ₹698.30. Despite market volatility, analysts expect strong upside potential over the next several years.
Mobikwik Share Price Peer Comparison
| Company | Qtr Profit Var (%) | Sales (₹ Cr.) | Qtr Sales Var (%) | ROCE (%) |
| Eternal Ltd | -77.71 | 5833 | 63.76 | 3.18 |
| Info Edge (India) | 134.33 | 722.4 | 15.19 | 3.65 |
| Swiggy | -104.09 | 4410.02 | 44.8 | -29.2 |
| One 97 (Paytm) | 95.49 | 1911.5 | -15.69 | -10.14 |
| IndiaMART | 81.33 | 355.1 | 12.84 | 35.7 |
| Just Dial | 222.22 | 289.2 | 7 | 15.31 |
| One MobiKwik | -1148.96 | 269.48 | 17.71 | 8.96 |
| Sector Median | 21.62 | 355.1 | 14.02 | 8.32 |
Key Observations
Valuation & Market Capitalization
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MobiKwik’s P/E ratio stands at 151.59 — significantly above the sector median (41.09), suggesting it’s currently priced at a premium relative to earnings, which could reflect growth expectations or overvaluation concerns.
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Its market cap of ₹2,129.77 Cr places it at the lower end among peers, especially compared to Info Edge, Swiggy, and Paytm, all of which have substantial valuation buffers.
Profitability Metrics
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Net Profit of -₹55.28 Cr and Qtr Profit Var of -1148.96% highlight a struggling bottom line, worse even than other loss-makers like Swiggy and Paytm.
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In contrast, Just Dial and Info Edge have shown triple-digit profit growth, with steady earnings.
Sales and Revenue Growth
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Quarterly Sales of ₹269.48 Cr puts MobiKwik close to Just Dial but far below Swiggy and Eternal Ltd.
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The Quarterly Sales Growth (17.71%) is above median (14.02%), showing positive revenue momentum despite the losses.
ROCE (Return on Capital Employed)
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MobiKwik’s ROCE of 8.96% is slightly above the sector median (8.32%), which is a positive sign and indicates efficient use of capital relative to many peers like Paytm or Swiggy, which have negative ROCE.
MobiKwik Consolidated Balance Sheet Analysis (₹ in Crores)
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
|---|---|---|---|---|---|
| Equity Capital | 1 | 11 | 11 | 11 | 11 |
| Reserves | -35 | 205 | 131 | 151 | 146 |
| Borrowings | 75 | 158 | 206 | 223 | 237 |
| Other Liabilities | 383 | 462 | 366 | 469 | 471 |
| Total Liabilities | 423 | 836 | 714 | 855 | 865 |
| Fixed Assets | 1 | 9 | 15 | 16 | 20 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 2 | 5 | 5 |
| Other Assets | 421 | 826 | 698 | 834 | 840 |
| Total Assets | 423 | 836 | 714 | 855 | 865 |
Key Observations & Insights
1. Growth in Balance Sheet Size
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Total assets grew more than 2x from ₹423 Cr (FY21) to ₹865 Cr (H1 FY25), indicating expansion in operations, funding, and business scale.
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This growth is largely liability-financed, as reflected in increased borrowings and other liabilities.
2. Reserves Trend
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The reserves turned positive in FY22 after a negative balance of -₹35 Cr in FY21, showing early signs of financial recovery.
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However, there’s some inconsistency, with reserves declining slightly from ₹205 Cr (FY22) to ₹146 Cr (Sep FY25), likely due to operating losses.
3. Leverage: Rising Borrowings
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Borrowings increased steadily from ₹75 Cr to ₹237 Cr (Sep FY25), a 216% rise in 3.5 years.
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While this could indicate aggressive scaling or funding for new initiatives, it also raises questions about debt servicing ability amid net losses.
4. Capital Investments
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Fixed assets remain low (₹20 Cr as of Sep 2024), in line with MobiKwik’s asset-light fintech model.
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CWIP (Capital Work-in-Progress) is consistently zero, suggesting no long-term infrastructure expansion or capital-heavy projects.
5. Asset Composition
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A vast majority of the company’s assets are in the “Other Assets” category (₹840 Cr in Sep 2024), typically comprising cash balances, trade receivables, digital assets, and short-term loans.
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This aligns with a financial services firm offering BNPL, wallet, and loan products.
MobiKwik SWOT Analysis – Mobikwik Share Price Target 2025
Strengths
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Strong digital wallet & BNPL ecosystem
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Wide presence in Tier 2 & 3 cities
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Asset-light, scalable business model
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IPO visibility and investor traction
Weaknesses
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Still not consistently profitable
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High valuation (P/E > 150)
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Weaker brand vs Paytm/PhonePe
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Rising borrowings with limited reserves
Opportunities
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Growing BNPL and digital lending market
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Financial inclusion initiatives in India
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Potential to cross-sell financial services
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Profitability could re-rate the stock
Threats
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Intense fintech competition
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Regulatory changes (RBI policies)
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Cybersecurity risks
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Global economic uncertainty
MobiKwik Share Price Target 2025
Target Range: ₹450 – ₹700
Experts forecast that MobiKwik share price target 2025 could reach between ₹450 and ₹700, depending on overall market sentiment and the company’s financial performance. Factors contributing to this growth include:
- Growing adoption of BNPL services in Tier 2 and Tier 3 cities
- Increase in digital wallet transactions
- Enhanced focus on profitability and unit economics
- Strategic partnerships with banks and NBFCs
If the company maintains steady revenue growth and continues improving its margins, the higher end of the forecast is realistic.
MobiKwik Share Price Target 2026
Target Range: ₹600 – ₹800
By 2026, MobiKwik is expected to deepen its fintech services, offering more integrated financial products like personal loans, insurance, and investments. As India’s digital economy matures, fintech firms like MobiKwik are likely to benefit from increased user trust and engagement.
If the company successfully expands its financial services ecosystem and improves customer retention, the stock could potentially test the ₹800 mark.
MobiKwik Share Price Target 2027
Target Range: ₹700 – ₹900
In 2027, the digital lending space in India is projected to be worth over $350 billion. If MobiKwik continues to be a key player in this market and leverages AI and data analytics for credit underwriting, investor confidence will remain strong.
Additionally, increased penetration of its merchant services and credit products could significantly boost revenues, paving the way for stock price appreciation.
MobiKwik Share Price Target 2028
Target Range: ₹800 – ₹1,100
With greater market share, improved profitability, and consistent innovation, MobiKwik share price target 2028 could see a bullish run. Analysts believe the company might explore international expansion or strategic acquisitions to fuel growth.
By 2028, MobiKwik may also start issuing dividends or consider share buybacks, which would further boost investor sentiment.
MobiKwik Share Price Target 2029
Target Range: ₹1,000 – ₹1,300
As the Indian fintech industry becomes more regulated and mature, only players with strong fundamentals and customer-centric strategies will thrive. If MobiKwik sustains its growth trajectory, manages costs efficiently, and leverages advanced tech like blockchain for secure payments, the stock may cross the ₹1,200 mark.
By this year, the company could become one of the top 3 digital finance platforms in India.
MobiKwik Share Price Target 2030
Target Range: ₹1,200 – ₹1,600
Looking ahead to 2030, the future for MobiKwik appears bright. Assuming steady economic growth, deeper financial inclusion, and successful scaling of its digital credit offerings, the MobiKwik share price target 2030 is optimistic.
This long-term bullish projection is contingent on:
- Sustained revenue and profit growth
- Strong regulatory compliance
- International recognition and expansion
- Technological leadership in the fintech domain
Key Risks to Consider
While the outlook is optimistic, potential investors should be aware of the following risks:
- Regulatory challenges in digital lending
- Intense competition from Paytm, PhonePe, Google Pay
- Market volatility and macroeconomic factors
- Dependence on user growth for revenue
Conclusion: Is MobiKwik a Good Investment?
With its aggressive expansion, improving financials, and promising growth sectors like BNPL and digital lending, MobiKwik shows signs of becoming a long-term wealth generator. The MobiKwik share price target 2025 and beyond indicates consistent upward potential if the company executes its strategy effectively.
Frequently Asked Questions (FAQ) – MobiKwik Share Price Target 2025
Q1. What is the MobiKwik share price target for 2025?
A: Based on current financial trends, peer comparisons, and industry outlook, the projected share price target for MobiKwik in 2025 ranges between ₹320 and ₹400, assuming continued growth in digital payments and improved profitability.
Q2. Is MobiKwik a good stock to buy for long-term investment?
A: MobiKwik has strong potential in India’s growing fintech sector. However, its financials are still evolving, and investors should monitor profitability, market share, and regulatory developments before making long-term decisions.
Q3. What factors can influence MobiKwik’s share price in 2025?
A: Key factors include user base growth, revenue from BNPL and wallet services, partnerships, RBI policies, competition from Paytm and PhonePe, and overall fintech adoption in Tier 2 & Tier 3 cities.
Q4. Has MobiKwik been profitable in recent quarters?
A: As of FY24, MobiKwik has reported reduced losses but not consistent profitability. The company is showing improvement in operational efficiency, which could lead to future profitability.
Q5. How does MobiKwik compare with its peers like Paytm and Swiggy?
A: While Paytm has a larger market cap, MobiKwik is leaner and focused more on profitability. Swiggy operates in a different vertical but is also expanding into fintech. MobiKwik offers an attractive play in the wallet and BNPL segment.
Q6. What is the share price target of MobiKwik for 2026 to 2030?
A: Long-term estimates suggest potential targets of ₹450 (2026), ₹520 (2027), ₹600 (2028), ₹680 (2029), and ₹750+ (2030), assuming steady revenue growth, better margins, and positive industry tailwinds.
Q7. Is MobiKwik stock risky?
A: Like many emerging tech stocks, MobiKwik carries high growth potential along with risks like competition, regulation, and financial volatility. It suits investors with moderate to high risk appetite.
Q8. How can I track MobiKwik’s stock performance daily?
A: You can track MobiKwik’s share price and performance on platforms like NSE, BSE, Moneycontrol, TradingView, and through broker apps like Zerodha, Groww, and Upstox.
Disclaimer
The information provided in this article is for educational and informational purposes only. It should not be considered as investment advice or a recommendation to buy, sell, or hold any stock or financial instrument. The views and analysis expressed are based on publicly available data and market trends as of the time of writing. Stock markets are subject to high risks and volatility, and past performance is not indicative of future results. Readers are advised to conduct their own research and consult with a certified financial advisor before making any investment decisions. The author and the website do not assume any liability for financial losses incurred based on the content of this article.
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