Onemi Technology Solutions reported a consolidated net profit of ₹950.77 million for the quarter ended June 30, 2026 (Q1FY27), a 59% increase from ₹597.37 million in the same period last year. The technology-first lender’s assets under management (AUM) crossed ₹8,001 crore, marking a 61% year-on-year growth, as accelerated loan disbursements funded by its May 2026 Initial Public Offering (IPO) drove top-line expansion. Consolidated revenue from operations grew 45% to ₹6,695.00 million, outpacing the 42% rise in total expenses to ₹5,488.54 million. This operational leverage enabled the company to expand its profit before tax by 60% to ₹1,277.01 million, while maintaining strong asset quality with gross non-performing assets (GNPA) at 2.25%.

The Board of Directors approved the unaudited financial results on July 29, 2026, following a review by the Audit Committee. Statutory Auditors Chokshi & Chokshi LLP issued an unmodified limited review report on both standalone and consolidated results. In corporate governance developments, the Board appointed Ms. Ramadevi Satish Venigalla, Practicing Company Secretary, as the Secretarial Auditor for five consecutive years from financial year 2026-27 until financial year 2030-31, subject to shareholder approval at the ensuing Annual General Meeting. An earnings conference call was held on July 30, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Highlights

On a standalone basis, the holding company reported a turnover of ₹2,157.43 million and a net profit of ₹519.48 million, up from ₹278.47 million in Q1FY26. The subsidiaries contributed significantly to the group’s bottom line, with Si Creva Capital Services Private Limited and Invincible Minds Private Limited reporting combined revenue of ₹4,643.00 million and net profit after tax of ₹436.27 million before consolidation adjustments. Return on Average Assets (RoAAUM) stood at 5.0%, while Return on Equity (RoAE) was 21.2%.

AUM Growth and Portfolio Quality

The company’s AUM grew 13% quarter-on-quarter to ₹8,001 crore, comprising ₹3,716 crore in on-book AUM and ₹4,284 crore in off-book AUM. The on-book segment maintained a debt-to-equity ratio of 0.91x with an average cost of borrowings at 14.45%. Asset quality remained robust, with GNPA at 2.25%, reflecting a 139 basis points year-on-year improvement. Stage 1 assets constituted 94.6% of the portfolio, while Stage 3 assets were at 2.2%. The provision coverage ratio for Stage 2 and Stage 3 assets stood at 150%, supported by a management overlay of ₹136 crore.

IPO Proceeds Utilization

Onemi Technology Solutions completed its IPO on May 08, 2026, raising ₹8,500.00 million through a fresh issue of equity shares at an issue price of ₹171 per share. During Q1FY27, the company utilized ₹7,725.04 million of the fresh issue proceeds. Of this amount, ₹6,368.03 million was invested into the equity share capital of its subsidiary via a right issue, which was subsequently deployed towards loan disbursements. An additional ₹1,085.97 million was used for general corporate purposes, while ₹271.04 million covered issue-related expenses. As of June 30, 2026, ₹774.96 million remained unutilized, parked in fixed deposits and current accounts.

What the Numbers Show

The divergence between revenue growth and expense management highlights the operational leverage gained from the IPO. While total expenses rose 42%, they were largely driven by impairment on financial instruments (₹1,280.94 million) and finance costs (₹818.75 million), which are inherent to the lending business model. Notably, employee benefit expenses increased only marginally to ₹707.36 million, suggesting that the revenue surge was not dependent on proportional headcount expansion. Furthermore, the subsidiary’s contribution of ₹436.27 million to consolidated net profit underscores the strategic importance of the lending arm in driving overall profitability.

Subsequent to the quarter, subsidiary Si Creva Capital Services Private Limited allotted ₹325 crore worth of 11% Non-Convertible Debentures on July 13, 2026, listing them on BSE Limited on July 15, 2026. This indicates continued efforts to diversify funding sources beyond equity markets. The Board also incorporated a wholly owned subsidiary, Invincible Minds Private Limited, on June 17, 2026, to distribute mutual fund products and other financial services, signaling a move toward broader financial product offerings.

Onemi Technology Solutions has scheduled its earnings conference call for July 30, 2026, at 12:00 PM IST to discuss the unaudited financial results for the quarter ended June 30, 2026 (Q1FY27). This disclosure is made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The call provides stakeholders with an opportunity to review the company's initial performance in the new fiscal year.

Earnings Call Details

The conference call will be hosted by senior management, offering insights into the company's financial health and operational updates. Key participants include:

• Ranvir Singh, Chairman, Director & Chief Executive Officer
• Krishnan Vishwanathan, Director & Chief Financial Officer

Investors can access the live webcast via the participant link provided in the official notice. For further inquiries, JM Financial Institutional Securities Limited, acting as the intermediary, has listed contact points for Mr. Ajit Kumar, Mr. Shubham Karvande, and Mr. Aryan Singhal.

Regulatory Compliance and Safe Harbour

The intimation was issued by Shraddha Rajkumar Patangia, Company Secretary and Compliance Officer of Onemi Technology Solutions Limited (formerly known as Onemi Technology Solutions Private Limited). The filing emphasizes that the management discussion may include forward-looking statements concerning plans, objectives, goals, strategies, future events, or performance.

As per the safe harbour clause, these statements are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those contemplated. Investors are advised not to place undue reliance on such forward-looking statements. Additionally, the notice clarifies that registration granted by SEBI and certification from the National Institute of Securities Market (NISM) do not guarantee the performance of the intermediary or provide any assurance of returns to investors.