Annual Audited Report
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Novus Loyalty Ltd reported strong financial performance for the year ended March 31, 2026. Revenue from operations grew by 21.78% to Rs 1,274.20 crore from Rs 1,046.25 crore in the previous year. Net profit more than doubled to Rs 92.85 crore compared to Rs 37.36 crore in FY 2024-25. The company successfully completed its IPO in March 2026, raising Rs 481.80 crore through 33 lakh shares at Rs 146 per share (including Rs 136 premium). Additionally, the company issued 1.22 crore bonus shares in the ratio of 1200:1. A clean audit opinion was given with no going concern issues. However, a GST demand of Rs 62.07 lakh for FY 2021-22 is pending under appeal. The company listed on BSE on March 25, 2026.
The company delivered exceptional profit growth and successfully listed via IPO, which is positive for shareholders. The pending GST demand is a minor contingent liability but appears manageable given the strong cash position of Rs 103.72 crore in hand.