Outcome of Board Meeting- Board Approves Dividend
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.3 pts more than Nifty Microcap 250 and 6.0 pts more than its Software Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mobavenue AI Tech Ltd reported strong FY2026 results with consolidated revenue of Rs. 21,848 Lakhs, up 152% from Rs. 8,670 Lakhs in FY2025 (though FY2025 represents only 7 months of operations). EBITDA grew 217% to Rs. 4,537 Lakhs with margin expanding 440 bps to 20.8%. PAT more than tripled to Rs. 2,935 Lakhs from Rs. 966 Lakhs. Q4 FY2026 also showed robust growth: revenue up 41.9% YoY, EBITDA up 67.5% YoY, and PAT up 56.6% YoY. The Board declared a final dividend of Rs. 0.50 per equity share (face value Rs. 10). The company completed acquisition of Mobavenue Media Private Limited from promoters for Rs. 6,068 Lakhs (payable over 2 years) and expanded global footprint with new subsidiaries in UK, Russia, and USA. Statutory auditors issued an unmodified opinion.
The company demonstrated exceptional growth with PAT tripling and EBITDA margin expanding significantly, indicating improved operational efficiency. The dividend declaration shows confidence in cash generation. The stock is likely to react positively given strong fundamentals, though the high valuation (P/E ~77x on FY2026 EPS of Rs. 19.49) may limit upside.