Lucent Industrie

Mobavenue AI Tech Limited concluded FY26 with robust financial results, reporting a full year revenue from operations of INR218.48 crores. The company achieved an EBITDA of INR45.37 crores, translating to a healthy EBITDA margin of 20.8%. Profit after tax (PAT) for the full year stood at INR29.35 crores, representing a PAT margin of 13.4%. The fourth quarter alone saw consolidated revenue of INR62.6 crores, marking a 41.9% year-on-year growth and 13.6% sequential growth, with a Q4 EBITDA margin of 21.3% and PAT margin of 13.5%.

FY26 was a milestone year marked by significant structural changes, including the renaming from Lucent Industries Limited to Mobavenue AI Tech Limited, signaling a shift towards an AI-native technology and platform-led growth strategy. The company completed the 100% acquisition of Mobavenue Media Private Limited, consolidating its AI-powered advertising and consumer growth ecosystem. This integration aims to create a unified operating structure to enhance investment, integration, and scalability, reinforcing the company's commitment to an outcome-led business model.

The company made significant strides in its technology architecture, transitioning its core decision engine to a proprietary neural network modeling framework. This upgrade allows for real-time inference under 15 milliseconds, materially faster than the industry benchmark of 50 milliseconds. The platform now processes over 125 crore consented and privacy-compliant consumer and campaign signals daily, and trains deep neural network models on over 50 terabytes of data in roughly one hour, down from 10-12 hours previously. These advancements are critical for the company's P3 framework (Processing Signals, Predict Intent, Produce Outcomes).

Mobavenue AI Tech Limited expanded its global footprint, with international revenue contributing 11.5% for FY26. UK operations went live, providing direct access to European agency groups, and LATAM expansion is underway, focusing on mobile-first segments. The company serves over 150 brands across 10 countries in diverse sectors such as e-commerce, BFSI, fintech, travel, and retail. Direct client relationships accounted for 73.9% of FY26 revenue, improving understanding of customer objectives and strengthening pricing.

The company's platform delivered 42.72 million verified outcomes annually, reaching approximately 2.5 billion devices worldwide. The revenue per outcome improved from INR44.99 in Q1 to INR48.44 in Q4 FY26, a 7.7% improvement, reflecting better monetization and conversion quality. Case studies highlighted significant client impact, such as a 5x increase in app installs for a home services platform and a 2x improvement in click-to-install efficiency for a leading travel OTA, demonstrating the platform's ability to drive measurable consumer growth.

A preferential capital raise of INR49.99 crores was completed during the year, providing greater balance sheet flexibility to invest in technology, global expansion, and potential inorganic opportunities. The company maintained financial discipline, generating healthy operating cash flow and free cash flow, ensuring a comfortable working capital position. Employee benefit expenses increased by 20.1% year-on-year to INR25.9 crores, reflecting investments in technology and global teams while remaining disciplined relative to revenue growth.

Mobavenue AI Tech Limited is guided by its 'Rule of 50' philosophy, targeting sustained annual revenue growth of over 30% and an EBITDA margin profile of 20% and above. Key strategic priorities for FY27 include deepening enterprise and mid-market penetration in India, further global scaling in UK and LATAM with evaluation of new markets, and continued investment in AI and product innovation through Mobavenue AI Labs. The company aims to evolve towards an increasingly AI-driven ecosystem where intelligence continuously optimizes and adapts outcomes across the consumer growth lifecycle.