OnEMI Technology Solutions reported strong Q2 FY27 performance, with Assets Under Management rising 68.4% YoY to ₹9,317 crore. The digital lender also saw significant gains in loan disbursements and a growing user base, signaling sustained demand for its credit products.
OnEMI Technology Solutions Posts Robust Q2 Growth
Assets Under Management reached ₹9,317 crore, with quarterly disbursements totaling ₹4,612 crore.
Reader Takeaway: Strong double-digit growth in assets and user base signals expansion, though figures remain provisional before audit review.
What just happened
OnEMI Technology Solutions has released its provisional business performance metrics for the quarter ended September 30, 2026. The firm recorded an AUM of ₹9,317 crore, representing a 68.4% surge compared to the same period last year. Quarterly disbursements reached ₹4,612 crore, a steady improvement from the ₹3,812 crore reported in the preceding June quarter.
Why this matters
The steady climb in both AUM and disbursement volumes underscores the firm’s increasing footprint in the digital lending space. A significant shift is occurring in the portfolio mix, with the Loan Against Property (LAP) segment now accounting for 7.9% of total AUM, up from 4.1% a year ago, suggesting a strategic pivot toward secured lending products.
User Growth
Registered users on the platform grew by 32.6% year-on-year, reaching 79.54 million. The company added 0.55 million new customers during the second quarter, bringing the cumulative total to 12.80 million, reflecting strong engagement in its core consumer base.
Risks to watch
Investors should keep in mind that these figures are provisional and subject to standard statutory audit processes. Changes in economic conditions affecting retail credit demand could impact future disbursement velocity.
Context metrics
Total AUM grew 16.4% sequentially from the June quarter. The LAP segment has shown consistent quarterly growth, rising from 7.7% in Q1 FY27 to 7.9% in Q2 FY27.