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BSEMobavenue AI Tech Ltd· IT - SoftwareHighNeutral
Announced Wed, 11 Feb, 2026 · 19:03 IST

Outcome of Board Meeting held on February 11, 2026.

Emphasis of matterRevenue growth above 20%Profit growth above 25%Results restatedRelated-party transactionsResults View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction

Awaiting price reaction for this filing.

AI summary

Mobavenue AI Tech (formerly Lucent Industries) reported strong Q3 FY26 consolidated results, with revenue from operations at Rs. 5,512.11 lakhs (up ~67% YoY from Rs. 3,297.31 lakhs) and profit after tax of Rs. 760.83 lakhs (up ~107% YoY). For nine months ended Dec 31, 2025, consolidated revenue was Rs. 15,585.34 lakhs and PAT was Rs. 2,091.30 lakhs, translating to an EPS of Rs. 13.94. However, prior period figures were restated following the acquisition of Mobavenue Media (a promoter-controlled entity) as a common control transaction, so YoY comparisons are not apples-to-apples. The Board declared an interim dividend of Rs. 0.50 per share, with promoters voluntarily waiving their entitlement. It also approved a preferential allotment of 4,59,558 shares at Rs. 1,088 each (aggregating ~Rs. 49.99 crores) to non-promoter investors, raising paid-up capital from Rs. 15 crore to Rs. 15.46 crore. The statutory auditor issued an unmodified review conclusion but flagged an emphasis of matter on pending FEMA compliance for capital remittance to its UK and Russia subsidiaries.

Likely market impact

Strong headline numbers are positive, but much of the growth reflects the consolidation of promoter entity Mobavenue Media rather than organic expansion, so investors should read YoY growth cautiously. The Rs. 50 crore preferential issue at a steep premium signals confidence in valuation but will result in modest equity dilution. Promoters waiving their dividend is a positive signal of alignment with minority shareholders.