Presentation to Board Members
Price
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Mobavenue AI Tech (formerly Lucent Industries) shared its Q1 FY26 results and strategic roadmap with the board on August 12, 2025. Standalone revenue grew modestly to ₹462.98 lakhs (up 2.4% QoQ), but profitability improved sharply with EBITDA margin expanding 693 basis points to 33.22% and PAT rising 30.3% to ₹129.49 lakhs. Consolidated performance was stronger with revenue up 23.5% QoQ to ₹558.32 lakhs and PAT margin rising to 23.98%. The company announced a major strategic acquisition of 100% stake in promoter group firm Mobavenue Media Pvt Ltd for up to ₹59.68 crores and launched OrbitX, an AI-powered contextual advertising platform targeting UK, US, and European markets. Mobavenue Media has been bootstrapped to ₹400+ crore combined revenue over 8 years with a 36% revenue CAGR (FY23–FY25).
Strong margin expansion and the proposed acquisition of Mobavenue Media signal management's confidence in scaling profitably, though the ₹59.68 crore deal pending shareholder approval will be a key catalyst to watch for shareholders. The rebranding to Mobavenue AI Tech and international expansion plans position the company for the next phase of growth in digital advertising.