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Newly listed lending firm Kissht’s profit jumps 52% after IPO debut; revenue crosses Rs 2,100 crore in FY26

  • May 28, 2026
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Digital lending platform Kissht reported robust progress in income and revenue for the fourth quarter and full monetary 12 months ended 31 March 2026, weeks after its inventory

Newly listed lending firm Kissht’s profit jumps 52% after IPO debut; revenue crosses Rs 2,100 crore in FY26


Digital lending platform Kissht reported robust progress in income and revenue for the fourth quarter and full monetary 12 months ended 31 March 2026, weeks after its inventory market debut in India.

The Mumbai-based fintech firm stated consolidated income from operations rose to Rs 619 crore within the January-March quarter, up from Rs 369 crore in the identical interval a 12 months earlier, whereas complete revenue for the quarter stood at Rs 625 crore.

PAT elevated 52% year-on-year to Rs 82 crore in This autumn FY26, in contrast with Rs 54 crore within the corresponding quarter final 12 months. Revenue earlier than tax rose to Rs 110 crore from Rs 70 crore.

For the total monetary 12 months, working income climbed 63% to Rs 2,179 crore, in contrast with Rs 1,337 crore in FY25. Annual internet revenue surged almost 75% to Rs 281 crore from Rs 161 crore a 12 months earlier, reflecting stronger profitability alongside the enlargement of its lending operations.

Based in 2015 by Ranvir Singh and Krishnan Vishwanathan, Kissht supplies small-ticket client loans by means of partnerships with retailers throughout classes together with electronics, trend and journey.

The corporate’s present mortgage portfolio grew sharply to Rs 2,639 crore as of March 2026, up from Rs 1,877 crore a 12 months earlier, whereas complete consolidated property expanded to just about Rs 4,000 crore.

Kissht reported an enchancment in working money movement through the 12 months, though it remained unfavourable. Its internet money outflow from working actions narrowed to Rs 461 crore in FY26, in contrast with an outflow of Rs 661 crore in FY25. Closing money and money equivalents rose to Rs 209 crore from Rs 132 crore a 12 months earlier.

Regardless of larger earnings, prices additionally elevated considerably through the quarter. Complete bills rose 70% year-on-year to Rs 515 crore.

Impairment on monetary devices remained one of many firm’s largest expense classes, accounting for greater than 22% of the entire value base. The expense elevated 51% to Rs 114 crore through the quarter, whereas finance prices rose about 46% to Rs 77 crore. Worker profit bills stood at Rs 65 crore.

Kissht’s steadiness sheet additionally strengthened through the 12 months, with complete fairness rising to Rs 1,343 crore from Rs 1,006 crore in FY25.

The corporate made its inventory market debut earlier this month, itemizing at a 12% premium to its subject worth. Shares later traded at round Rs 262, about 53% above the IPO worth of Rs 171.

Kissht raised about Rs 926 crore by means of its IPO, together with a contemporary subject of shares price Rs 850 crore and a suggestion on the market of 4.4 million shares valued at Rs 76 crore.

The corporate’s market capitalisation stood at about Rs 4,414 crore, in keeping with market knowledge out there on the time of writing.