OnEMI Technology Solutions showed a 60.9% year-on-year rise in Assets under Management (AUM) to ₹8,001 crore in Q1 FY27. The company also saw its registered user base grow to 74.60 million. Investors should note these are provisional figures.
OnEMI Technology Solutions Ltd. Q1 FY27 Provisional Business Update
OnEMI Technology Solutions Ltd. reported provisional business data for the quarter ending June 30, 2026, showcasing significant year-on-year growth. Assets under Management (AUM) surged by 60.9% to ₹8,001 crore, compared to ₹4,972 crore in the same period last year. Quarterly disbursements also rose by 33.5% to ₹3,812 crore from ₹2,780 crore.
The company's registered user base expanded by approximately 33.1% to 74.60 million, up from 56.05 million in the prior year. Similarly, cumulative customers served increased to 12.25 million from 9.69 million.
Reader Takeaway: Strong AUM growth and user acquisition; provisional data requires auditor confirmation.
What just happened
OnEMI Technology Solutions Ltd. has released its provisional business performance figures for the first quarter of the fiscal year 2027 (Q1 FY27), ending June 30, 2026. The data indicates robust growth in key financial and operational metrics compared to the corresponding quarter of the previous fiscal year.
Why this matters
These provisional results suggest strong business momentum for OnEMI. The significant rise in AUM and customer base points to expanding market reach and lending capabilities. The strategic shift towards Loan Against Property (LAP) could enhance portfolio quality and risk management.
The backstory
In Q1 FY26, OnEMI had reported an AUM of ₹4,972 crore and ₹2,780 crore in disbursements. The registered user base stood at 56.05 million, with 9.69 million cumulative customers served. The LAP portfolio was a smaller component then.
What changes now
The company is showing a marked increase in its AUM and customer acquisition. There's also a strategic emphasis on increasing the proportion of LAP within the lending portfolio, which grew to 7.7% of AUM by June 30, 2026, from 2.5% a year earlier.
Risks to watch
The primary risk highlighted is that the reported figures are provisional and have not yet been audited. Investors must await the final, audited financial statements for definitive validation of these numbers and the company's financial health.
Peer comparison
While specific peer data is not provided in the filing, the reported AUM growth of over 60% for Q1 FY27 indicates OnEMI is potentially outperforming or growing faster than many players in the non-banking financial services (NBFC) lending sector, especially in secured lending segments like LAP.
Context metrics (time-bound)
- AUM Growth: 60.9% year-on-year (Q1 FY27 vs Q1 FY26).
- AUM Sequential Growth: 13.2% quarter-on-quarter (Q1 FY27 vs Q4 FY26).
- Registered Users: 74.60 million (June 30, 2026) vs 56.05 million (June 30, 2025).
- Cumulative Customers: 12.25 million (June 30, 2026) vs 9.69 million (June 30, 2025).
What to track next
Investors should closely monitor the release of the company's audited financial results for Q1 FY27 to confirm these provisional figures and assess profitability metrics. Tracking the continued growth in AUM, disbursements, and the LAP portfolio mix will be crucial.