OnEMi Technologies Pvt Ltd reported strong business growth in the first quarter of FY27, with its assets under management (AUM) crossing the Rs 8,000 crore mark. The company also recorded healthy growth in loan disbursements, expanded its customer base and increased the share of secured lending in its portfolio, according to its provisional business update filed with the NSE.
The Mumbai-based company is the parent of digital lending platforms Kissht and RING. Through these platforms, it offers a range of digital lending products, including personal loans and purchase financing, and has been expanding its presence in the secured lending segment through its Loan Against Property (LAP) business.
As of June 30, 2026, OnEMi’s AUM stood at around Rs 8,001 crore, up 61% from Rs 4,972 crore a year earlier. On a quarter-on-quarter basis, AUM increased 13.2% during the June quarter.
The company’s lending business also maintained strong momentum during the quarter. Kissht disbursed nearly Rs 3,812 crore in loans in Q1 FY27, compared with Rs 2,780 crore in the same period last year, registering a 37.1% year-on-year increase.
Along with higher lending activity, OnEMi continued to grow its customer base. Registered users rose 33% year-on-year to 74.6 million, while the cumulative number of customers served increased 26.4% to 12.25 million. The company added around 0.5 million customers during the quarter.
OnEMi also continued to diversify its loan portfolio. Its Loan Against Property (LAP) portfolio accounted for 7.7% of the overall AUM at the end of June 2026, compared with 2.5% a year earlier and 7.3% at the end of March 2026.
The business update comes after the company reported strong financial performance in FY26. In the fourth quarter, operating revenue increased 68% year-on-year to Rs 619 crore, while profit rose 52% to Rs 82 crore.
For the full FY26 financial year, operating revenue climbed 63% to Rs 2,179 crore from Rs 1,337 crore in FY25, while profit surged nearly 75% to Rs 281.
The company’s improved financial performance has also been reflected in its share price. Since its stock market debut, Kissht’s shares have gained 81.3% from the IPO price of Rs 171 to close at Rs 310 on July 3, taking the company’s market capitalisation to Rs 5,223 crore.
Read Article: India Sets $1 Trillion Export Target for FY27, Eyes 16–17% Rise in Merchandise Exports
