OnEMI Technology reports ₹281 cr profit as AUM hits ₹7,000 cr
The digital lender grew revenue by 63% in FY26. Management targets a further 40% expansion in AUM for FY27.
— 2 earlier stories on OnEMI Technology Solutions Ltd. →What's new
- Net profit rose 75% to ₹281 cr for the year ended March 2026.
- Revenue climbed 63% to ₹2,179 cr.
- Assets under management grew 73% to cross the ₹7,000 cr mark.
Why this matters
The company is scaling rapidly following its May listing. Achieving 73% AUM growth while projecting a 10-15% reduction in credit costs suggests management is betting on improved asset quality alongside volume expansion.
What we're watching
- Whether the company hits its 40% AUM growth target for FY27.
- Actual credit cost performance against the projected 10-15% decline.
- Post-listing volatility as the market digests these audited figures.
The full read
OnEMI Technology Solutions, which operates the Kissht platform, finished FY26 with ₹281 crore in net profit, a 75% jump over the previous year. Revenue followed a similar path, rising 63% to ₹2,179 crore. The company’s scale is expanding quickly, with assets under management now exceeding ₹7,000 crore—a 73% increase. While these audited results confirm the figures previously disclosed on May 27, the focus now shifts to the company's forward-looking targets. Management expects AUM to grow by more than 40% in FY27. Perhaps more importantly, they are targeting a 10-15% decline in credit costs. For a lender that just completed its stock exchange listing in May, the next test is proving that this rapid expansion can coexist with the promised improvement in asset quality.
Questions answered
- What were the key financial results for OnEMI in FY26?
- The company reported a consolidated net profit of ₹281 crore, up 75% year-on-year, and revenue of ₹2,179 crore, a 63% increase.
- How much did the company's assets under management grow?
- Assets under management rose 73% during the year, crossing the ₹7,000 crore threshold.
- What is the company's guidance for FY27?
- Management expects AUM to grow by more than 40% in FY27, while anticipating a 10-15% reduction in credit costs.
- Is this new information for the market?
- No. These results were previously disclosed in a board meeting outcome on May 27, 2026.
Story so far
All notes on KISSHT →- 28 May 2026 · 3:50 PM IST OnEMI Technology reports ₹281 cr profit as AUM hits ₹7,000 cr
- 1d ago OnEMI Technology Solutions posts 75% profit jump in debut annual report
- 1d ago OnEMI Technology profit jumps 75% as fintech lender eyes diversification