- Major Stake Change: ADIA’s Exit from MobiKwik
- New Institutional Investors Step In
- Key Highlights: June Quarter
- Key Insights on the Rally
- Conclusion
MobiKwik stock has been climbing steadily this month. On September 8, it jumped nearly 12% intraday, reaching a high of ₹333 on the NSE. The rally has continued over the week, with the stock up 38.5%, putting the fintech player firmly back on investors’ radar.
Let’s dive into what’s been fueling this rally, from a big shareholder exit to fresh institutional buying, and the company’s latest operating performance
Major Stake Change: ADIA’s Exit from MobiKwik
- On September 1, 2025, Abu Dhabi Investment Authority (ADIA) sold its entire 2.1% stake in MobiKwik via a block deal.
- A total of 16.44 lakh shares were sold at an average of ₹238.45 per share, with a transaction value of around ₹39.2 crore.
- ADIA said the exit was part of a portfolio realignment and did not indicate any negative view on MobiKwik
New Institutional Investors Step In
The ADIA’s exit created an opportunity for new institutional investors to step in and increase their holdings in MobiKwik.
- BofA Securities Europe SA acquired 5 lakh shares, representing about 0.64% equity, at a price of ₹243.61 per share.
- SI Investments & Broking purchased 4 lakh shares, or 0.51% equity, at ₹248.42 per share.
- The combined acquisition amounted to 9 lakh shares, making it 1.15% stake, with a transaction size of ₹22.12 crore.
Key Highlights: June Quarter
On the numbers front, MobiKwik delivered a mixed bag in the June 2025 quarter.
| Metric | Q4 FY25 (crore) | Q1 FY26 (crore) | QoQ Change |
| Revenue from Operations | 267.8 | 271.4 | +1.34% |
| Revenue from Payments | ₹211.6 | ₹213.1 | +0.7% |
| Revenue from Financiall Services | ₹56.2 | ₹58.3 | +3.8% |
| Net Loss | ₹56 | ₹42 | -25% |
| Metric | Q1 FY25 (crore) | Q1 FY26 (crore) | YoY Change |
| Sales | ₹342 | ₹271 | -21% |
| Net Loss | ₹7 | ₹42 | 5x |
On the user side, the company added 3.8 million new users and 48,800 merchants during the quarter, showing continued customer growth.
Key Insights on the Rally
MobiKwik’s stock rally isn’t just about ADIA’s exit , several factors are at play:
- Fresh confidence: The entry of well-known institutions like BofA Securities Europe SA and SI Investments & Broking has reassured the market. Their participation signals renewed faith in MobiKwik’s long-term prospects.
- Financials are mixed: While QoQ, losses have narrowed, but overall revenue remained largely flat. However, YoY decline in revenue and the more than fivefold increase in net loss reflect weaker transaction volumes and rising operating costs.
- Momentum play: High transaction activity and sharp price action have renewed market interest and boosted investor sentiment, enabling MobiKwik’s stock to surge 41.5% over the past month despite revenue pressures.
- Short-term vs. long-term: In the short term, sentiment is being driven by stake reshuffling and technical triggers, giving the stock immediate momentum. Over the long term, sustained revenue growth and better operating efficiency will be key to maintaining investor confidence and the stock’s gains.
Conclusion
MobiKwik’s stock has staged a strong comeback in September, climbing over 40% in just a month. The rally has been driven by ADIA’s clean exit, fresh institutional buying, and hopes for operational improvement. However, the June quarter numbers highlight challenges, with revenues down YoY and losses widening.
While momentum is strong, the key question for investors remains whether MobiKwik can turn its growing user and merchant base into sustained profitability, which will decide whether this rally can be sustained over the long term.
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