OnEMI Technology Q1 FY27 call: AUM jumps 60.9% YoY

Earnings call scheduled for July 30 at 12 noon

OnEMI Technology Solutions Ltd., which operates under the Kissht brand, has scheduled its Q1 FY27 earnings conference call for July 30, 2026, at 12:00 noon IST. The company said the corporate briefing will follow a Board of Directors meeting on July 29, 2026. That board meeting is set to review and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The timing matters for investors because OnEMI has already disclosed provisional business metrics for the same quarter. Those figures point to sharp year-on-year expansion in Assets under Management (AUM) and growth in its user base. But the company has also emphasised that the data is provisional and subject to statutory auditor review.

What the board will consider on July 29

The July 29 board meeting is scheduled to evaluate and approve the company’s financial results for Q1 FY27. The formal results are described as unaudited and will include both standalone and consolidated numbers. The subsequent July 30 call is positioned as an analyst and investor interaction to discuss performance. This sequence is typical for listed companies that first approve results at the board level and then conduct a public call. For OnEMI, the call comes after a business update that has already set expectations around balance sheet scale and customer activity. Investors will likely use the call to reconcile provisional operational metrics with the financial statements.

Q1 FY27 provisional update: the headline numbers

OnEMI’s provisional consolidated business update for the quarter ended June 30, 2026 showed a sharp jump in AUM. The company reported AUM of approximately ₹8,001 crore as of June 30, 2026, up 60.9% year-on-year from ₹4,972 crore as of June 30, 2025. It also disclosed that AUM increased by approximately ₹934 crore during Q1 FY27, representing a 13.2% quarter-on-quarter increase. On the activity side, overall disbursements were approximately ₹3,812 crore in Q1 FY27, compared with ₹2,780 crore in Q1 FY26, a 33.5% rise. The company flagged that these numbers are provisional and have not yet been audited.

Customer and user growth: scale-up continues

The provisional update also pointed to an expanding user funnel. Registered users stood at 74.60 million as of June 30, 2026, compared with 56.05 million a year earlier, a 33.1% increase. Cumulative customers served rose to 12.25 million from 9.69 million, reflecting 26.4% year-on-year growth. The company also stated that customers served increased by 0.50 million during Q1 FY27. These operational metrics provide context on how the lender’s reach is expanding alongside its portfolio. They also help explain how disbursements and AUM can grow together when acquisition and repeat usage rise.

Portfolio mix shift: Loan Against Property (LAP) share rises

Along with scale, OnEMI highlighted a change in portfolio composition. The Loan Against Property (LAP) portfolio mix increased to 7.7% of AUM as of June 30, 2026. This compares with 2.5% as of June 30, 2025 and 7.3% as of March 31, 2025, as disclosed in the update. The disclosure indicates that LAP has become a more meaningful part of the book than it was a year ago. Any implications on yields, tenure, or credit performance will be clearer once the detailed financial results are released. For now, the company’s disclosure is limited to the mix percentages and the AUM scale.

Strategic move: expansion into mutual fund distribution

Beyond lending metrics, the company has also announced a strategic expansion into mutual fund distribution through its subsidiary. The announcement places the move alongside its Q1 FY27 communication, suggesting it is part of a broader product or distribution strategy. However, the information provided does not include timelines, revenue expectations, or the name of the subsidiary executing this initiative. Investors will likely look for additional detail during the earnings call, especially on how mutual fund distribution fits into the Kissht platform’s customer base and engagement model.

Stock and listing identifiers investors track

OnEMI Technology Solutions is listed under NSE symbol KISSHT and BSE scrip 544754. The dataset provided includes a current price of ₹279 and a one-day move of -2.19% (dated June 24), along with a market capitalisation of about ₹4,702 crore. It also lists a stock P/E of 16.7 and a 52-week high and low of ₹302 and ₹190, respectively. These reference points matter because the July 30 call can influence how investors frame growth metrics relative to valuation, particularly when the business update indicates high year-on-year expansion.

Key data points at a glance

Market impact and what to watch on the call

The immediate market relevance of the update lies in the gap between strong provisional operating indicators and the still-pending financial statements. AUM growth of 60.9% year-on-year and disbursement growth of 33.5% are substantial, but investors will wait for the company’s unaudited results to assess profitability and other financial line items. The company has explicitly stated that the disclosed figures are provisional and subject to statutory auditor review, which makes the July 29 approval and subsequent disclosures important. Investors will also track whether portfolio mix changes, such as the higher LAP share, have influenced risk metrics or funding needs. Separately, the mutual fund distribution expansion may raise questions about product diversification and cross-sell strategy, but details are limited in the information provided.

Company details and official contacts disclosed

The company’s registered office is listed as 10th Floor, Tower 4, Equinox Park, LBS Marg, Kurla (West), Mumbai 400070, Maharashtra, India. The telephone number provided is 022-69475600. The company’s website is listed as www.kissht.com. Disclosed email contacts include compliance@kissht.com for the company secretary and compliance function and ir@kissht.com for investor relations. The company’s communication also notes that the business update is on a consolidated basis and requests stakeholders to treat the data as provisional.

Conclusion

OnEMI Technology Solutions’ Q1 FY27 schedule sets up two near-term milestones: the July 29 board meeting for approval of unaudited results and the July 30 noon earnings call. The company’s provisional update shows AUM of about ₹8,001 crore, disbursements of about ₹3,812 crore, and registered users of 74.60 million as of June 30, 2026. The key caveat remains that these numbers are provisional and subject to statutory audit review. Investors looking for confirmation will focus on the formal financial results and any additional operating detail shared during the scheduled call.