🔍

ONMOBILE - OnMobile Global

📊 NSE: ONMOBILE 🏢 Telecommunications - Service Provider 📅 Last Updated: 12/14/2025 10:43

📢 Recent Corporate Announcements

OnMobile Global Releases Q3 FY26 Investor Conference Call Transcript

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 13 Feb 2026, 12:28 PM

OnMobile Global Limited has officially released the transcript for its Q3 FY 2025-26 investor conference call, which was conducted on February 06, 2026. This document provides a verbatim record of the management's discussion regarding the company's quarterly financial performance and strategic initiatives. The filing ensures transparency by making the detailed Q&A session with institutional investors available to the general public. Investors can access the full transcript on the company's website to gain deeper insights into operational trends.

Official transcript of the Q3 FY 2025-26 earnings call released on February 13, 2026.
The conference call was originally held on February 06, 2026, following the quarterly results.
Provides detailed management commentary on business segments including mobile gaming and entertainment.
Document is accessible via the company's investor relations portal and stock exchange filings.

💡 Investors should read the transcript to understand management's outlook on the growth of digital products and any specific guidance provided for the upcoming fiscal year. It is a useful tool for assessing the depth of analyst concerns and management's clarity on future strategy.

OnMobile Q3 FY26 Revenue Up 4.5% QoQ to INR 1,369 Mn; Gaming Revenue Surges 27.5%

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 05 Feb 2026, 11:58 PM

OnMobile reported a steady Q3 FY26 with revenue reaching INR 1,369 million, a 4.5% increase quarter-on-quarter. The mobile gaming segment was the standout performer, growing 27.5% QoQ to INR 453 million and now contributing one-third of total revenue. EBITDA grew 16% QoQ to INR 81 million, reflecting improved operational efficiency and cost discipline. The company also expanded its footprint by launching its gaming platform in Africa, supporting its long-term growth strategy.

Q3 FY26 revenue stood at INR 1,369 million, representing a 4.5% QoQ growth
Mobile Gaming revenue surged 27.5% QoQ to INR 453 million, with 13.7 million subscribers
EBITDA increased to INR 81 million, up 16% QoQ excluding capitalization
Maintained a healthy gross cash balance of INR 1,385 million as of December 31, 2025
Expanded global presence with a new gaming platform launch in Africa

💡 Investors should monitor the continued scaling of the high-margin gaming segment and the success of the new African expansion. The stock remains a play on the digital entertainment and mobile gaming turnaround.

OnMobile Q3 FY26: Gaming Revenue Up 27.5% QoQ; PAT Drops 52% to INR 35 Mn

🔵 WATCH ⭐ 7/10

EARNINGS 📅 05 Feb 2026, 11:54 PM

OnMobile Global reported Q3 FY26 revenue of INR 1,369 Mn, a 4.5% QoQ increase, though it remains down 17.8% YoY. The standout performer was the Mobile Gaming segment, which grew 27.5% QoQ to INR 453 Mn, supported by a 13.7 million subscriber base. Despite the revenue growth, PAT declined 52% QoQ to INR 35 Mn, and EBITDA margins contracted slightly to 5.9%. The company maintains a healthy cash balance of INR 1,385 Mn and is targeting a $3M gaming Monthly Recurring Revenue (MRR) in the next 18 months.

Mobile Gaming revenue reached INR 453 Mn, a 27.5% QoQ increase, now contributing 33% to total revenue.
Quarterly PAT fell to INR 35 Mn from INR 60 Mn in Q2, representing a 52% sequential decline.
Gross cash balance strengthened to INR 1,385 Mn, driven by positive operational cash flows.
Gaming subscriber base grew to 13.7 Mn across Challenges Arena and ONMO platforms.
9M FY26 performance shows a turnaround with a PAT of INR 250 Mn compared to a loss of INR 326 Mn in 9M FY25.

💡 Investors should monitor the company's ability to sustain high-growth momentum in the gaming segment to offset the decline in legacy Tones and Video services. While the 9-month turnaround is positive, the sequential drop in PAT and EBITDA suggests operational volatility that warrants a cautious outlook.

OnMobile Appoints Former Comviva CEO Manoranjan Mohapatra as Independent Director for 5 Years

🟢 POSITIVE ⭐ 7/10

MANAGEMENT 📅 05 Feb 2026, 10:44 PM

OnMobile Global has appointed Manoranjan Mohapatra as an Additional Independent Director for a five-year term effective February 5, 2026. Mr. Mohapatra is a seasoned industry veteran who served as CEO of Comviva Technologies for 17 years, where he led the company to 20x growth and expanded its footprint to 80 countries. His previous experience includes scaling Aricent Technologies to over $500 million in revenue as President and COO. This appointment brings significant strategic expertise in telecom, fintech, and digital transformation to the OnMobile board.

Appointment of Manoranjan Mohapatra as Independent Director for a 5-year term until February 2031
Mr. Mohapatra previously led Comviva Technologies to 20x growth during his tenure as CEO from 2007 to 2024
He scaled Aricent Technologies to revenues exceeding $500 million as President and COO
Brings over 40 years of experience in building and scaling technology-led businesses in telecom and fintech
The appointment is subject to shareholder approval and follows a recommendation from the Nomination and Compensation Committee

💡 Investors should view this as a positive governance move that adds high-caliber industry expertise to the board. Monitor how his strategic background in scaling digital businesses influences OnMobile's future growth initiatives.

OnMobile Q3 FY26 Results: Consolidated PAT at ₹35.13 Mn, Turnaround from YoY Loss

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 05 Feb 2026, 10:30 PM

OnMobile Global reported a consolidated profit after tax (PAT) of ₹35.13 million for Q3 FY26, marking a significant recovery from a loss of ₹52.15 million in the same quarter previous year. Revenue from operations grew 5.9% sequentially to ₹1,356.90 million, although it remains lower than the ₹1,640.06 million reported in Q3 FY25. The company also announced the appointment of Manoranjan Mohapatra as an Independent Director to its board. An exceptional charge of ₹4.61 million was recognized during the quarter related to the implementation of new Indian Labour Codes.

Consolidated PAT turned positive at ₹35.13 million vs a loss of ₹52.15 million in Q3 FY25.
Revenue from operations increased 5.9% QoQ to ₹1,356.90 million from ₹1,281.57 million.
Total expenses reduced significantly to ₹1,407.97 million from ₹1,639.95 million in the year-ago period.
Exceptional item of ₹4.61 million recorded due to the impact of new Labour Codes on gratuity.
Appointment of Manoranjan Mohapatra as an Additional Independent Director to the Board.

💡 Investors should note the company's return to profitability and the sequential growth in revenue. The focus should remain on the sustainability of cost-cutting measures and the growth of the core mobile entertainment business.

OnMobile to Announce Q3 FY26 Results on Feb 5; Earnings Call Scheduled for Feb 6

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 23 Jan 2026, 01:46 PM

OnMobile Global Limited has announced that it will release its financial results for the third quarter ended December 31, 2025, on February 5, 2026. An earnings conference call is scheduled for the following day, February 6, 2026, at 4:00 PM IST. The management team, including the CEO and CFO, will discuss the company's performance and answer investor queries. This call is a key event for stakeholders to understand the progress of OnMobile's gaming and digital entertainment verticals, which currently engage over 71 million monthly active users.

Q3 FY26 financial results announcement set for February 5, 2026
Investor conference call scheduled for February 6, 2026, at 4:00 PM IST
Top management including CEO François-Charles Sirois and CFO Radhika Venugopal to participate
Company reports a global footprint in 69 countries with 71 million monthly active users and 126 customers

💡 Investors should monitor the result announcement on February 5th to evaluate the company's performance in its core gaming and entertainment segments.

OnMobile Global Subsidiary in Rwanda Struck Off; Zero Revenue Impact

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 19 Jan 2026, 04:07 PM

OnMobile Global Limited has announced that its wholly-owned subsidiary, OnMobile Rwanda Telecom Limited, was struck off effective October 24, 2025. The subsidiary was non-operational, contributing zero revenue to the consolidated financials for the year ending March 31, 2025. It held a negative net worth of approximately INR 1.49 crore (INR 14,884,422). This move appears to be a routine administrative cleanup of an inactive international entity.

OnMobile Rwanda Telecom Limited struck off effective October 24, 2025
Subsidiary reported zero revenue for the financial year ending March 31, 2025
Negative net worth of INR 14,884,422 recorded as of last fiscal year
Parent company received formal intimation of the strike-off on January 19, 2026

💡 No action is required as the subsidiary was non-operational and its closure has no material impact on the company's revenue or core business operations.

OnMobile Submits SEBI Regulation 74(5) Compliance Certificate for Q3 FY26

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 05 Jan 2026, 01:23 PM

OnMobile Global Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations for the period ended December 31, 2025. The certificate, issued by KFin Technologies Limited, confirms that all requests for dematerialization and rematerialization of securities have been processed and reported to the stock exchanges. This is a mandatory procedural filing required for all listed companies in India to ensure the integrity of shareholding records. There is no impact on the company's financial performance or business operations.

Compliance certificate submitted for the quarter ended December 31, 2025.
Certificate issued by KFin Technologies Limited, the company's Registrar and Share Transfer Agent.
Confirms reporting of dematerialized and rematerialized securities to BSE and NSE.
Mandatory filing under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

💡 No action is required as this is a routine regulatory filing. Investors should focus on the company's upcoming quarterly financial results for fundamental analysis.

OnMobile Global to Close Trading Window from Jan 1, 2026 for Q3 Results

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 23 Dec 2025, 04:26 PM

OnMobile Global Limited has announced the closure of its trading window for all designated persons and insiders starting January 1, 2026. This move is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the announcement of financial results for the quarter ending December 31, 2025. The trading window will remain closed until 48 hours after the unaudited financial results are declared. The company will notify the exchanges regarding the specific date of the board meeting for results approval in due course.

Trading window closure for designated persons begins on January 1, 2026.
Closure is related to the finalization of financial results for the quarter ending December 31, 2025.
The window will reopen 48 hours after the public declaration of the quarterly results.
Compliance is maintained under SEBI (Prohibition of Insider Trading) Regulations, 2015.

💡 This is a routine regulatory filing with no impact on company fundamentals; investors should monitor for the upcoming Q3 earnings date for performance updates.

View All ONMOBILE Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Mobile Gaming revenue grew 12% QoQ to INR 35.5 Cr in Q2 FY26, while legacy segments (RBT and Video) saw a decline, dropping from 85% of total revenue in FY24 to 55% in Q3 FY25. Overall gross revenue for Q2 FY26 was INR 131 Cr, a 2.7% increase QoQ but a 0.7% decrease YoY.

Geographic Revenue Split

The company operates in 69 countries across emerging and developed markets, though specific percentage splits per region are not disclosed; revenue is recognized through sharing arrangements with 122 telecom operators globally.

Profitability Margins

Operating margins have been volatile, falling to -0.27% in March 2025 from 4.51% in March 2024 due to high fixed costs. However, Q2 FY26 showed recovery with a gross profit margin of 55.2% and an operating profit of INR 0.2 Cr compared to a loss of INR 1.7 Cr in Q1 FY26.

EBITDA Margin

EBITDA margin improved significantly to 6.7% in Q2 FY26 (INR 8.6 Cr) from 1.4% in Q2 FY25 (INR 1.8 Cr), representing a 377.8% YoY increase driven by cost discipline and a healthier revenue mix.

Capital Expenditure

The company has no large debt-funded capital expenditure plans over the medium term; however, it invested significantly in software and licenses, which cost INR 81.45 Cr in FY25, a 492% increase from INR 13.75 Cr in FY24.

Credit Rating & Borrowing

CRISIL maintains a 'Negative' outlook due to modest operating margins. The financial risk profile is supported by low reliance on external debt, with a Total Outside Liabilities to Adjusted Networth (TOL/ANW) ratio below 0.55 times.

⚙️ Operational Drivers

Raw Materials

The primary 'raw' costs are Content Fees and Royalties (39.05% of revenue), Software Licenses (14.08% of revenue), and Employee Benefits (20.47% of revenue).

Import Sources

Not specifically disclosed, but software and content are sourced globally to support operations in 69 countries.

Key Suppliers

Not disclosed in available documents; however, the company partners with 122 telecom operators for distribution.

Capacity Expansion

Current gaming subscriber base reached 13.7 million in Q2 FY26, a 14% increase QoQ. The company is expanding its platform to reach 4 billion+ mobile consumers through 100+ Telco partnerships.

Raw Material Costs

Content fees and royalties decreased 4% YoY to INR 225.8 Cr in FY25. Software license costs surged 492% to INR 81.45 Cr, significantly impacting the business risk profile.

Manufacturing Efficiency

Efficiency is measured by capacity utilization and cost discipline; EBITDA rose in Q2 FY26 due to improved operating efficiency and a better revenue mix.

Logistics & Distribution

Distribution is entirely digital via telecom operator networks; marketing expenses (INR 23.2 Cr in Q2 FY26) act as the primary driver for customer acquisition.

📈 Strategic Growth

Expected Growth Rate

14%

Growth Strategy

The company aims to achieve growth by increasing the gaming segment's revenue contribution to over 50% of the total mix. This involves scaling the gaming subscriber base (currently 13.7 million), leveraging 100+ established Telco partnerships, and deploying unique IPs and patents to disrupt the mobile gaming industry.

Products & Services

Mobile Gaming (Challenges, ONMO), Ring Back Tones (RBT), Video Streaming, Tones, and Contests.

Brand Portfolio

OnMobile, ONMO (mobile gaming platform).

New Products/Services

Mobile gaming platform expansion is expected to be the primary growth driver next fiscal, targeting a Monthly Recurring Revenue (MRR) increase from $1.3M to $2M.

Market Expansion

Targeting 4 billion+ mobile consumers not prioritized by top gaming players through existing global telco deployments.

Market Share & Ranking

Leader in mobile gaming and entertainment with a presence in 69 countries and 65.93 million total monthly subscribers.

Strategic Alliances

Maintains partnerships with 122 telecom operators globally; specific JV partner names were not disclosed.

🌍 External Factors

Industry Trends

The mobile gaming industry is growing but highly fragmented and technology-driven. OnMobile is positioning itself to capture the 'unprioritized' 4 billion telco consumers by shifting away from declining legacy RBT services.

Competitive Landscape

Intense competition from numerous players across mobile platforms constrains bargaining power and necessitates high marketing spend.

Competitive Moat

Moat is based on 20+ years of relationships with telecom operators and unique gaming IPs. Sustainability depends on avoiding technology obsolescence through continuous investment.

Macro Economic Sensitivity

High fixed costs (employee and royalty) expose the company to economic downturns; a revenue decline directly impacts profitability due to the inability to scale costs down quickly.

Consumer Behavior

Shift in consumer preference from traditional Ring Back Tones to interactive mobile gaming and video content.

Geopolitical Risks

Operations in 69 countries, including regions like Mali, Venezuela, and Bangladesh, expose the company to local regulatory changes and geopolitical instability.

⚖️ Regulatory & Governance

Industry Regulations

Subject to various global telecom and data regulations; adverse regulatory changes in any of the 69 operating countries could impact the business risk profile.