ONMOBILE / Q3-FY26 / risks

Keep the risk register visible.

OnMobile Global · Material risks, their source context, and severity in the latest available quarter.

Research layer active

ConCallIQ research layer

Signal, with the source still visible.

Use the controls below to narrow the view, then follow the evidence into the next layer of context.

WatchQ3-FY26 · 2026-02-01Back to quarter ↗

Risk intelligence

Material risks this quarter

Gaming console execution risk

Physical product launch involves new complexities: manufacturing (currently China, seeking India alternative), shipping, customs, customer care, and returns management. Management explicitly warned 'things will go wrong in some places.'

high

Capital deployment for console scaling

QIP fundraising deferred due to depressed stock price (₹49). FC stated console success will drive cash requirements similar to telecom device financing model—'more subscribers means more devices to fund.'

medium

Dosphere partnership abandoned

Analyst directly asked about Dosphere timeline for FY27; FC responded 'I cannot comment on it but honestly I don't see it.' GPU servers were never purchased as business case didn't work.

medium

DSO at 123 days with collection uncertainty

DSO elevated due to festival season delays; management expects collections in Q4. Outstanding payments from Qatar and Sri Lanka deals not fully received despite completed work.

low