Kissht Q1 FY27 revenue up 45% as AUM tops ₹8,001 cr

What OnEMI reported for the June quarter

OnEMI Technology Solutions, the parent of digital lending brands Kissht and RING, reported a sharp rise in first-quarter performance for the quarter ended June 30, 2026 (Q1 FY27). The company said operating revenue increased 45% year-on-year to ₹670 crore, supported by higher loan disbursements and an expanding loan book. Net profit rose 59% year-on-year to ₹95 crore, marking its first quarter after the company’s stock-market debut.

Sequentially, performance also improved from the preceding quarter. Operating revenue increased 8% from ₹619 crore in the March quarter, and profit rose 16% from ₹82 crore. Total income, including other income, stood at ₹677 crore, compared with ₹466 crore a year earlier.

Board meeting on July 29 and analyst call on July 30

OnEMI has scheduled a Board of Directors meeting on July 29, 2026 to review and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Following this, the company has slated its Q1 FY27 earnings conference call for July 30, 2026 at 12:00 noon IST. The company has positioned this corporate briefing as a platform to discuss the quarter’s financial performance and business progress.

Provisional business update: AUM crosses ₹8,000 crore

Alongside its quarterly disclosures, the company released a provisional business update for Q1 FY27 on a consolidated basis. Assets under Management (AUM) grew 60.9% year-on-year to approximately ₹8,001 crore as of June 30, 2026, compared with ₹4,972 crore as of June 30, 2025.

On a sequential basis, AUM increased by approximately ₹934 crore during Q1 FY27. The company described this as a 13.2% quarter-on-quarter increase from March 31, 2026, pointing to continued growth in the outstanding book at the start of FY27.

Disbursements rose 37% year-on-year

OnEMI reported overall disbursements of approximately ₹3,812 crore in Q1 FY27. This compares with ₹2,780 crore in Q1 FY26, representing a 37.1% year-on-year increase. The company linked the scale-up to stronger lending activity during the quarter.

The company’s earlier performance commentary also attributed the growth in operating revenue to higher loan disbursements and expansion of the loan book. While the provisional update provides operating metrics, it also notes that the disclosed figures remain subject to statutory auditor review.

User base and customer additions

OnEMI reported growth across platform scale indicators, including its user base and customers served. Registered users expanded to 74.60 million as of June 30, 2026, up from 56.05 million a year earlier, reflecting 33.1% year-on-year growth.

Cumulative customers served reached 12.25 million, compared with 9.69 million in the year-ago period, an increase of 26.4%. The company also said customers served increased by about 0.50 million during Q1 FY27, indicating fresh additions through the quarter.

Portfolio mix: Loan Against Property share increased

The company disclosed a shift in its portfolio mix toward secured lending through its Loan Against Property (LAP) book. The LAP portfolio mix increased to 7.7% of AUM as of June 30, 2026, compared with 2.5% a year earlier. The company also reported LAP mix at 7.3% as of March 31, 2025.

These disclosures are relevant for investors tracking risk profile changes in digital lending, where portfolio composition can influence credit outcomes and funding perceptions. The company’s update frames the change as a strategic tilt toward secured assets.

Strategic move: mutual fund distribution via subsidiary

OnEMI also announced strategic expansion into mutual fund distribution via its subsidiary. While the company did not quantify revenue contribution from this activity in the disclosure provided, the update signals an intent to broaden financial product offerings beyond lending.

Market snapshot: listing context and tracking identifiers

OnEMI’s June-quarter result is described as its first quarter following its stock-market debut. The company’s equity identifiers disclosed include BSE: 544754 and NSE: KISSHT, with ISIN INE12F801023.

Separately, the provided update also stated that shares have surged over 81% since listing. The company’s communications for investor outreach include the analyst call and the corporate briefing immediately after the board meeting to approve results.

Key numbers at a glance

Note: The company stated the operational metrics are provisional and subject to statutory auditor review.

Market impact and why investors track these metrics

The June-quarter numbers present a combination of financial performance and operating scale. Operating revenue growth and higher quarterly profit provide a direct read-through on monetisation and cost discipline, while AUM and disbursements show how quickly the lending book is growing. The quarter-on-quarter rise in both revenue and profit adds context on momentum beyond year-on-year base effects.

The shift in portfolio mix toward LAP is another datapoint investors typically watch closely, because it changes the secured versus unsecured split of the book. Meanwhile, growth in registered users and cumulative customers served signals demand and distribution reach for the company’s digital lending platforms.

What to watch next

The immediate next trigger is the board meeting on July 29, 2026 to review and approve Q1 financial results, followed by the earnings conference call on July 30, 2026 at 12:00 noon IST. Investors are also likely to track any additional detail the company provides on portfolio composition, disbursement trends, and the newly announced mutual fund distribution initiative.