The fintech company Mobikwik declared that the Bombay Stock Exchange (BSE) has given One MobiKwik Systems, its wholly-owned subsidiary, permission to start a stock broking operation.
With effect from February 24, 2026, BSE has implemented MSBPL on its platform. This decision comes after the Securities and Exchange Board of India awarded MSBPL a stock brokerage license in July 2025.
With the most recent approval, the business can now start broking on the BSE, which includes dealing, clearing, settling, and buying and selling equities trades.
“A crucial step in MobiKwik’s development into a large financial services platform is the BSE’s approval to launch our stock broking business on its platform. Retail investor involvement has skyrocketed in India, and we think our platform may help consumers who are just starting out in the markets understand investing.
According to Upasana Taku, Executive Director, Co-Founder & CFO of MobiKwik, “We will keep responsibly meeting Bharat’s financial needs and developing products that actually enhance financial inclusion.”
One of the biggest digital wallet systems is One MobiKwik Systems Ltd. (MobiKwik), which offers a wide range of financial and payment options to both customers and businesses.
Highlights of the Mobikwik Q3 performance for 2026
After reporting a net loss of ₹55.2 crore during the same period last year, MobiKwik posted a net profit of ₹4 crore for the quarter. Revenue for the quarter climbed 7.4% year over year to ₹289 crore from ₹269.4 crore the previous year.
With EBITDA of ₹6.8 crore as opposed to an EBITDA loss of ₹47.6 crore in the same quarter last year, and an EBITDA margin of 2.4%, the company’s operating performance also improved dramatically.
“We are happy to report a profitable quarter that demonstrates consistent cost optimization throughout our businesses and focused execution. We have been able to maintain growing momentum while achieving profitability thanks to our careful scaling and emphasis on operational efficiency.
We are pleased to have fulfilled our promise to turn a profit in H2 FY26, which we were confident we could do. We are still dedicated to sustainably growing our platform and generating long-term value for our investors,” Taku stated.
Trends in the share price of Mobikwik
Due to market volatility, Mobikwik’s share price has stayed lower. Over the last five sessions, the stock has lost 5%, and over the last six months, it has lost 11%.
Since the start of 2026, the fintech stock has dropped 12.11% year-to-date (YTD). Further zooming out, the stock has fallen 58.56% since its offering in December 2024 and 35% in the past year.
