Results · Financial Services
Kissht's profit jumps 52% after IPO debut; revenue crosses Rs 2,100 crore in FY26
By Startup Enthusiast ·
- Date
- Company
- Kissht
- What it does
- digital lending platform
- Kind
- Results
- Founded
- 2015
- Sector
- Financial Services
What they do
Kissht is a digital lending platform that offers small-ticket consumer loans through partnerships with merchants in electronics, fashion, travel, and other…
What happened
The company reported a 52% increase in profit to Rs 82 crore in Q4 FY26, with revenue rising to Rs 619 crore during the quarter and Rs 2,179 crore for the…
Why it matters
Kissht listed on the stock market earlier this month, raising about Rs 926 crore through its IPO, with shares trading at a premium to the issue price
The details
- Kissht reported a 52% increase in profit to Rs 82 crore in Q4 FY26, with revenue rising to Rs 619 crore during the quarter and Rs 2,179 crore for the full fiscal year.
- Kissht listed on the stock market earlier this month, raising about Rs 926 crore through its IPO, with shares trading at a premium to the issue price.
- Kissht is a digital lending platform that offers small-ticket consumer loans through partnerships with merchants in electronics, fashion, travel, and other categories.
- Kissht's operating revenue surged 68% year-on-year to cross the Rs 600 crore mark during the quarter.
- Kissht's impairment on financial instruments remained one of the largest expense heads, accounting for over 22% of the overall cost base.
- Kissht's total expenses rose 70% year-on-year to Rs 515 crore in Q4 FY26.
- Kissht's net profit for the full fiscal year jumped nearly 75% to Rs 281 crore from Rs 161 crore in FY25.
The bigger picture
- Kissht's listing at a 12% premium to its issue price and rising share price reflect strong investor interest.
About the business
- Kissht is a digital lending platform that offers small-ticket consumer loans through partnerships with merchants in electronics, fashion, travel, and other categories.
- Kissht primarily earns interest income from these loans, although a detailed revenue breakup for the quarter was not disclosed.
- Kissht also offers health-related insurance products and secured loans through loans against property.
- Kissht's current loan portfolio grew sharply to Rs 2,639 crore as of March 2026, up from Rs 1,877 crore a year earlier.
- Kissht's total consolidated assets expanded to nearly Rs 4,000 crore.
- Kissht's balance sheet also strengthened during the year, with total equity rising to Rs 1,343 crore from Rs 1,006 crore in FY25.
What happens next
- Kissht plans to incorporate a new wholly owned subsidiary to expand its financial services business.
- Kissht plans to invest Rs 9 crore to subscribe to the entire initial paid-up share capital of the subsidiary.
The deal
- Type
- ipo
Founders
- Ranvir Singh, co-founder
- Krishnan Vishwanathan, co-founder
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