Mobavenue AI Tech Ltd (539682)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Mobavenue AI's revenue was ₹72.8 Cr (+57.0% year on year, +16.3% on the previous quarter), and net profit ₹11.7 Cr (+94.3% year on year); the operating margin was 21.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹72.8 | +57.0% | +16.3% |
| Operating profit | ₹15.4 | +76.6% | +15.6% |
| Net profit | ₹11.7 | +94.3% | +38.2% |
| EPS (₹) | 1.51 | +88.8% | +38.5% |
| Operating margin | 21.2% | — | — |
📢 Recent Corporate Announcements
Mobavenue AI Tech Limited announced that it has won four Gold and one Silver recognition at the DATAMATIXX Awards 2026 organized by Adgully. The awards span categories including behavioral data, programmatic marketing, real-time marketing, location-based data, and data-driven TV campaigns for clients like Groww, Goibibo, UNIQLO, Snabbit, and boAt. The announcement serves as industry recognition for the company's AI-powered marketing stack and carries no direct financial or commercial contract disclosures.
- Secured 4 Gold and 1 Silver awards across multiple categories at DATAMATIXX Awards 2026
- Gold recognitions achieved for campaigns with brands including Groww, Goibibo, UNIQLO, and Snabbit
- Silver recognition received for a data-driven TV campaign for brand boAt
- Company serves over 155 brands across 12 countries globally
Mobavenue AI Tech Limited announced that it has won four Gold and one Silver recognition at the DATAMATIXX Awards 2026 organized by Adgully. The awards recognized campaigns executed for brands including Groww, Goibibo, UNIQLO, Snabbit, and boAt across categories like programmatic marketing and behavioral data. The company highlighted its footprint serving 155+ brands across 12 countries. While positive for brand validation, the announcement contains no direct financial impact or order win data.
- Secured 4 Gold awards for campaigns with Groww, Goibibo, UNIQLO, and Snabbit
- Secured 1 Silver award for a data-driven TV campaign with boAt
- Company serves over 155 brands across 12 countries globally
Mobavenue AI Tech reported strong Q1 FY27 results with revenue from operations rising 56.9% YoY and 16.3% QoQ to ₹72.8 crore. Operating performance strengthened significantly with EBITDA growing 77% YoY to ₹15.4 crore (margin up 240 bps to 21.2%) and PAT increasing 95% YoY to ₹11.7 crore. Growth was supported by an increase in outcome volume to 14.16 million along with a higher Revenue Per Outcome (RPO) of ₹49.94 (up from ₹44.99 in Q2 FY26). The company also highlighted its US expansion and the launch of its proprietary Mobavenue Neural Engine and PiiX platform for Apple ads.
- Q1 FY27 revenue from operations grew 56.9% YoY to ₹72.8 crore (₹728 million)
- EBITDA increased 77% YoY to ₹15.4 crore with EBITDA margin expanding 240 bps to 21.2%
- PAT surged 95% YoY to ₹11.7 crore with net profit margin improving 320 bps to 16.1%
- Platform delivered 14.16 million verified outcomes at ₹49.94 per outcome across 155+ brands in 12 countries
Mobavenue AI Tech Ltd has published the audio recording of its Q1 FY 2026-27 earnings call conducted on August 13, 2026. The call provides management's perspective on the financial results for the quarter ended June 30, 2026, and progress toward its 30% annual growth target. This transparency follows the company's strategic integration of its Rs 59.68 Cr acquisition of Mobavenue Media to enhance AI capabilities. Investors can access the recording to evaluate the execution of international expansion and MarTech vertical growth.
- Audio recording of the Q1 FY 2026-27 earnings call made available on August 13, 2026
- The call was conducted at 12:00 PM IST following the release of quarterly financial results
- Company maintains a growth target of >30%, outpacing the Indian digital ad market growth of 19%
- Management commentary covers the integration of the Rs 59.68 Cr acquisition of Mobavenue Media
Mobavenue AI Tech reported a robust Q1 FY27 with consolidated revenue reaching ₹728 Mn, a 56.9% YoY increase. Profit After Tax (PAT) surged 95% YoY to ₹117 Mn, reflecting significant operating leverage as margins expanded by 320 bps. The company is transitioning to an 'AI-native' model with the launch of its Neural Engine and has expanded operations into the US and Singapore. International markets now contribute 20.7% of total revenue, indicating successful geographic diversification.
- Consolidated Revenue grew 56.9% YoY to ₹728 Mn in Q1 FY27
- PAT increased by 95% YoY to ₹117 Mn with a PAT margin of 16.1%
- EBITDA margins improved to 21.2%, up 240 bps from 18.8% in Q1 FY26
- Total outcomes reached 14.16 million, supported by a global reach of 2.6 billion devices
- International revenue contribution reached 20.7% following expansion into US and Singapore
Mobavenue AI Tech reported a strong Q1 FY27 with revenue growing 56.9% YoY to ₹728 mn, driven by a 57.3% increase in consumer outcomes (14.16 mn). Profitability improved significantly as PAT nearly doubled to ₹117 mn, with margins expanding by 320 bps to 16.1%. The company successfully increased its international revenue contribution to 20.7% from 11.5% in FY26. Key operational milestones include the launch of the Mobavenue Neural Engine and expansion into the US and Singapore markets.
- Revenue grew 56.9% YoY to ₹728 mn, with sequential growth of 16.3% over Q4 FY26
- PAT surged 95% YoY to ₹117 mn, reflecting significant operating leverage as profit grew faster than revenue
- Consumer outcomes delivered rose 57.3% YoY to 14.16 million actions (installs, purchases, sign-ups)
- Revenue Per Outcome (RPO) increased 11% YoY to ₹49.94, indicating higher value per action
- International revenue share jumped to 20.7% compared to 11.5% in FY2026
Mobavenue AI Tech reported a strong start to FY27 with consolidated revenue rising 57% YoY to ₹72.85 Cr. Net profit nearly doubled to ₹11.66 Cr, reflecting improved operational efficiency and scaling of its AI-powered advertising platforms. The company expanded its global footprint by incorporating new subsidiaries in the USA and Singapore during the quarter. Additionally, the company completed a 10:2 stock split in June 2026 to enhance retail participation and liquidity.
- Consolidated Revenue from operations increased 57% YoY to ₹72.85 Cr from ₹46.41 Cr.
- Consolidated Profit After Tax (PAT) grew 94% YoY to ₹11.66 Cr from ₹6.00 Cr.
- Completed a 10:2 stock split on June 12, 2026, increasing total shares to 7.73 crore.
- Utilized ₹14.05 Cr from preferential issue proceeds for subsidiary acquisition and corporate purposes.
- Granted 1,21,705 ESOP options at an exercise price of ₹217.60 per share.
Mobavenue AI Tech reported a strong start to FY27 with consolidated revenue growing 57% YoY to ₹72.85 Cr. Net profit nearly doubled, rising 94% YoY to ₹11.66 Cr, reflecting strong operating leverage as the company scales its AI-driven advertising model. Sequentially, revenue grew 16.3% and PAT grew 38.2% compared to Q4 FY26. The company also expanded its global footprint by incorporating new subsidiaries in the USA and Singapore during the quarter.
- Consolidated Revenue from operations increased 57% YoY to ₹7,284.64 lakhs.
- Net Profit (PAT) surged 94% YoY to ₹1,166.00 lakhs from ₹600.24 lakhs in the year-ago quarter.
- Basic and Diluted EPS for the quarter stood at ₹1.51, adjusted for the 1:5 stock split effective June 2026.
- Utilized ₹14.05 Cr from preferential issue proceeds for subsidiary acquisition and general corporate purposes.
- Incorporated two new wholly-owned subsidiaries: Mobavenue LLC (USA) and MAITL Asia Pte. Ltd (Singapore).
Mobavenue AI Tech has scheduled its Q1 FY27 earnings conference call for August 13, 2026, at 12:00 PM IST. The management team, including the CEO, CTO, and CFO, will discuss financial performance for the quarter ended June 30, 2026. This follows a significant growth year in FY26 where revenue reached ₹18.68 Cr compared to ₹4.52 Cr in FY25. Given the company's high P/E ratio of 605.4, the call will be critical for understanding the sustainability of its 30% growth target.
- Earnings conference call scheduled for August 13, 2026, at 12:00 PM IST
- Management representation includes the Founder/CEO, CTO, and Group CFO
- Discussion to focus on results for the quarter ended June 30, 2026
- Company reported a TTM revenue of ₹19 Cr and TTM PAT of ₹4 Cr
- Latest quarterly OPM stands at 34.2% as of March 2026
Mobavenue AI Tech Ltd's FY26 Annual Report reveals a significant scale-up, reporting consolidated revenue of Rs 218.48 Cr, which is approximately 11.5x the standalone TTM revenue of Rs 19 Cr. The company achieved a consolidated PAT of Rs 29.35 Cr and an EBITDA of Rs 45.37 Cr, reflecting the full integration of its AI-driven adtech acquisitions. Operational metrics are robust, with 125 Cr+ daily signals processed and 4.27 Cr total outcomes delivered. The shift to an 'Outcome-as-a-Service' model appears to be driving higher value capture compared to traditional media-led models.
- Consolidated Revenue for FY26 reached Rs 218.48 Cr, significantly higher than standalone figures.
- Reported Profit After Tax (PAT) of Rs 29.35 Cr with an EBITDA of Rs 45.37 Cr.
- Processed over 125 Cr signals daily and reached approximately 250 Cr devices worldwide.
- Delivered 4.27 Cr total outcomes across 25,000+ campaigns for over 150 brands.
- Maintained a workforce of 200+ employees across 10 countries.
Mobavenue AI Tech has scheduled its 16th Annual General Meeting (AGM) for September 2, 2026. The company has fixed August 26, 2026, as the record date for a final dividend of ₹0.10 per equity share (Face Value ₹2) for FY26. This dividend follows a 1:5 stock split executed in June 2026, making it equivalent to ₹0.50 per share on a pre-split basis. Given the current market price of ₹308.8, the dividend yield is negligible at approximately 0.03%.
- Final dividend of ₹0.10 per equity share (Face Value ₹2) recommended for FY26.
- Record date for dividend entitlement fixed as August 26, 2026.
- 16th AGM scheduled for September 02, 2026, at 3:00 PM IST via Video Conferencing.
- Dividend payment to be completed on or before October 01, 2026.
- Director Tejas Rathod, holding 1,69,02,600 shares, is seeking re-appointment.
Mobavenue AI Tech has received industry recognition with a Gold award for 'Best DSP of the Year - India' and three Silver awards for its AI-led programmatic campaigns. The awards validate the company's proprietary A3 framework (Awareness, Acquisition, Activation) and its outcome-oriented digital advertising solutions. While reputational, these wins are notable given the company's small revenue base of ‡18.68 Cr (FY26) and its high-growth strategy targeting a 30% CAGR. The company currently serves over 150 brands across sectors like BFSI, Fintech, and E-commerce.
- Awarded 1 Gold award for 'Best DSP of the Year - India' by Agency Reporter
- Secured 3 Silver awards for 'Best Brand Awareness' and 'Best Cross-Channel Programmatic' campaigns
- Maintains a client base of 150+ brands across diverse sectors including BFSI and Retail
- Reported a significant revenue increase to ‡18.68 Cr in FY26 from ‡4.52 Cr in FY25
- Achieved a Revenue Per Outcome (RPO) of ‡44.99 in Q2 FY26
Mobavenue AI Tech Ltd has received industry recognition, winning 'Best DSP of the Year - India' (Gold) at the Programmatic Asia Awards 2026. Its subsidiary also secured two Gold and one Silver award at DIGIXX 2026 for AI-powered campaigns involving clients like Sebamed and Goibibo. While these awards validate the company's proprietary AI stack and 'A3 framework', they are non-financial in nature. The company continues to trade at a high P/E of 603.9 against a TTM revenue of Rs 19 Cr.
- Awarded Gold for 'Best DSP of the Year - India' at the Programmatic Asia Awards 2026
- Secured 2 Gold and 1 Silver award at DIGIXX 2026 for AI/ML-powered marketing campaigns
- Currently serves a client base of 150+ brands across e-commerce, BFSI, and fintech
- Maintains a high Operating Profit Margin (OPM) of 34.2% as of the latest TTM data
- Reported a Revenue Per Outcome (RPO) of INR 44.99 in Q2 FY26
Mobavenue AI Tech Ltd has been recognized with the Gold award for 'Best DSP of the Year - India' at the Programmatic Asia Awards 2026. This industry recognition validates the company's proprietary AI-powered Demand-Side Platform (DSP) and its A3 framework (Awareness, Acquisition, Activation). While the award enhances brand credibility, it is a non-financial event and does not impact the current TTM revenue of ‹19 Cr. The company continues to trade at a high P/E of 603.9, making operational execution and client growth critical.
- Awarded Gold for 'Best DSP of the Year - India' by Agency Reporter at the 2026 Programmatic Asia Awards
- Company currently serves over 150+ brands across sectors including BFSI, Fintech, and E-commerce
- Outcome volume grew 9.2% from 9.00 million in Q1 FY26 to 9.83 million in Q2 FY26
- Revenue Per Outcome (RPO) stood at INR 44.99 as of Q2 FY26
- Maintains a global presence across ASEAN, LATAM, UK, and USA markets
Mobavenue AI Tech Ltd has scheduled a board meeting on August 11, 2026, to consider and approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. This follows a fiscal year (FY26) where the company reported a significant revenue jump to ₹18.68 Cr from ₹4.52 Cr in FY25. Given the company's high P/E ratio of 614.2, these results will be closely watched to see if earnings growth can support current valuation levels. The trading window for designated persons has been closed since July 01, 2026.
- Board meeting scheduled for August 11, 2026, to approve Q1 FY27 results
- Trading window for insiders closed since July 01, 2026
- Company reported TTM revenue of ₹19 Cr against a market cap of ₹2346 Cr
- FY26 revenue grew significantly to ₹18.68 Cr from ₹4.52 Cr in FY25
- Operating profit margin stood at 34.2% for the trailing twelve months
Financial Performance
Revenue Growth by Segment
The company's revenue from operations for Q2 FY26 was INR 54.32 Cr, representing a 17% sequential growth over Q1 FY26 (INR 46.41 Cr). The outcome-based AI business model accounts for more than 90% of total revenue, while the remaining 10% is derived from non-outcome-based growth and performance marketing services.
Geographic Revenue Split
India remains the primary domestic market, though the company is expanding into international markets using a GCC-led (Global Capability Center) approach. Specific percentage splits per region are not disclosed, but the strategy targets both developing and developed global markets.
Profitability Margins
Profitability showed an upward trend in Q2 FY26; EBITDA margin expanded to 20.32% (up from 18.83% in Q1) and PAT margin reached 13.45% (up from 12.95% in Q1). For H1 FY26, the PAT margin stood at 13.20% with a total PAT of INR 13.30 Cr.
EBITDA Margin
EBITDA for Q2 FY26 was INR 11.04 Cr, a 26% increase quarter-on-quarter. The EBITDA margin of 20.32% reflects improved operating leverage and the scaling of AI-powered advertising platforms.
Capital Expenditure
The company follows an asset-light model, prioritizing technology investments over physical assets. Key expenditures include the acquisition of Mobavenue Media Private Limited for up to INR 59.68 Cr and ongoing investments in the 'AI Workbench' and a planned 'AI Centre of Excellence'.
Credit Rating & Borrowing
Not disclosed in available documents; however, the management highlighted that the company was built in a 'bootstrapped' manner with no external funding or large safety nets.
Operational Drivers
Raw Materials
The primary 'input' is digital ad inventory (undervalued inventory), which the AI platform transforms into growth opportunities. Media buying costs represent the largest component of the cost structure.
Import Sources
Digital ad inventory is sourced globally through various ad exchanges and supply partners, with a focus on India and other developing markets.
Key Suppliers
Suppliers include global and domestic media supply partners, ad exchanges, and OEM DSPs (Original Equipment Manufacturer Demand-Side Platforms).
Capacity Expansion
Operational capacity is measured by outcome volume; the number of outcomes grew 9.2% from 9.00 million in Q1 FY26 to 9.83 million in Q2 FY26. The company is scaling its proprietary AI stack to handle higher volumes.
Raw Material Costs
Media buying and inventory procurement costs are managed through an AI-powered optimized media-buying engine to ensure high ROI. Specific cost percentages are not disclosed, but the model focuses on 'Revenue Per Outcome' (RPO), which was INR 44.99 in Q2 FY26.
Manufacturing Efficiency
Efficiency is tracked via Revenue Per Outcome (RPO). In Q2 FY26, RPO-based revenue for the Mobavenue Media subsidiary was INR 45.14 Cr.
Logistics & Distribution
Distribution is entirely digital, delivered through proprietary AI-powered platforms and cloud-based advertising stacks.
Strategic Growth
Expected Growth Rate
30%
Growth Strategy
Growth will be driven by: 1) Global expansion via a GCC-led approach where tech/ops remain in India while regional teams manage local markets. 2) Vertical expansion into MarTech and Monetization Tools. 3) Horizontal expansion by cross-selling to new customers across all geographies. 4) Inorganic growth through strategic acquisitions like the INR 59.68 Cr purchase of Mobavenue Media.
Products & Services
AI-powered advertising campaigns, OrbitX (search and contextual advertising platform), consumer growth solutions, and performance marketing services.
Brand Portfolio
Mobavenue AI Tech, OrbitX, A3 Framework.
New Products/Services
Launching proprietary monetization solutions and MarTech platforms for enterprises, which are expected to be major contributors to FY27 revenue.
Market Expansion
Targeting deeper penetration in India (the 4th fastest-growing digital ad market) and expansion into international developing and developed markets.
Market Share & Ranking
The company aims to grow at >30%, significantly outpacing the Indian digital ad market growth of 19% and the global growth of 14%.
Strategic Alliances
Maintains partnerships with over 150 clients and industry associations; recently recognized as 'Aerospike 2025 Champions of Scale'.
External Factors
Industry Trends
The industry is shifting toward AI-powered advertising and measurable outcomes. The AdTech market is projected to grow at a 14.4% CAGR (2025-30), while the MarTech segment is expected to grow at 16.5% CAGR (2026-30).
Competitive Landscape
Competes with traditional media agencies and digital marketing firms; differentiates through a 'success-based' monetization model where clients pay for tangible results (e.g., KYC completion) rather than just app downloads.
Competitive Moat
The moat is built on a proprietary, full-stack AI platform developed 'line by line' rather than rented. This 'asset-light' but 'tech-heavy' approach is sustainable because it delivers measurable ROI (outcomes) rather than just impressions.
Macro Economic Sensitivity
Highly sensitive to India's digital economy growth, which features 1B+ internet users and 1.2B smartphone users.
Consumer Behavior
Shift toward multi-screen usage and intelligent automation, with Indian consumers spending an average of 6 hours daily on the internet.
Geopolitical Risks
International operations are subject to political instability and legal restrictions on raising capital or acquiring companies outside India.
Regulatory & Governance
Industry Regulations
Operations are governed by digital advertising standards, data privacy regulations, and platform-specific policies (e.g., Google/Meta ad policies).
Environmental Compliance
Not disclosed; minimal environmental footprint as a software/AI-based enterprise.
Taxation Policy Impact
The company's PAT margin of 13.45% reflects standard corporate tax obligations in India.
Risk Analysis
Key Uncertainties
Rapid evolution of AI technology could lead to tech obsolescence if R&D does not keep pace. A 10-15% shift in platform algorithms could temporarily disrupt outcome predictability.
Geographic Concentration Risk
Currently heavily concentrated in India; expansion into global markets is the primary strategy to mitigate this risk.
Third Party Dependencies
High dependency on third-party ad inventory providers and platforms like Google and social media networks for traffic.
Technology Obsolescence Risk
Mitigated by building a proprietary AI stack and continuous investment in an AI Centre of Excellence.
Credit & Counterparty Risk
Potential risk of long receivable cycles (up to 200 days) typical in the advertising industry, which could impact liquidity if not managed.
