Mobavenue AI Tech concluded its 16th Annual General Meeting on September 2, 2026, adopting the audited financial statements for FY26 and declaring a final dividend of ₹0.10 per equity share.

The meeting, held via video conferencing from the company’s Mumbai registered office, saw shareholders approve ordinary business resolutions including the re-appointment of Tejas Rathod as a director. The e-voting facility remained open for 30 minutes post-meeting to accommodate additional votes.

Financial Performance Overview

Managing Director Ishank Joshi highlighted that consolidated revenue reached ₹218.48 crore for the fiscal year ended March 31, 2026. The company reported an EBITDA of ₹45.37 crore, reflecting a margin of 20.8%. Profit after tax stood at ₹29.35 crore, with a margin of 13.4%.

Operational Highlights

The company processed over 125 crore consented consumer signals daily, generating approximately 42.72 million verified consumer outcomes. Mobavenue AI Tech collaborated with more than 150 brands across 10 countries during the period.

Chairman Kunal Kothari emphasized the transition to an AI-native consumer growth platform, citing the launch of the Mobavenue Neural Engine. This unified intelligence layer integrates planning, execution, creative generation, and reporting.

What the Numbers Show

The divergence between EBITDA margin (20.8%) and PAT margin (13.4%) indicates significant non-operating expenses or tax obligations consuming roughly 7.4 percentage points of operating profit. With PAT at ₹29.35 crore against EBITDA of ₹45.37 crore, net profit constitutes approximately 64.7% of operating profit, suggesting substantial interest or tax burdens relative to operational efficiency.

Governance and Compliance

Statutory auditors issued an unqualified report on the financial statements for FY26. The secretarial audit report was also reviewed, with no adverse remarks requiring separate reading at the meeting. Three shareholders raised queries during the session, which were addressed by management.

Mobavenue AI Tech Limited reported a net loss of ₹25.49 lakh for the quarter ended June 30, 2026, marking a deterioration from the ₹12.58 lakh loss recorded in the immediately preceding quarter. The company’s total income from operations stood at ₹1.80 lakh, a sharp decline from ₹11.75 lakh in the corresponding period of the previous fiscal year.

The Board of Directors approved the unaudited standalone financial results in a meeting held on August 11, 2026. The results have been filed with the stock exchanges in accordance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company continues to operate at a loss, with the deficit widening quarter-on-quarter despite a minimal revenue base. Earnings per share (basic and diluted) were negative ₹0.52 for the quarter, compared to negative ₹0.25 in the prior quarter and positive ₹0.63 in the same quarter last year.

For the full year ended March 31, 2026, the company reported a total income of ₹19.59 lakh against a net loss of ₹31.75 lakh. Equity share capital remained unchanged at ₹494.00 lakh.

What the Numbers Show

The divergence between revenue and profit metrics highlights significant operational inefficiencies or fixed cost burdens relative to the shrinking top line. While revenue contracted by approximately 85% year-on-year (from ₹11.75 lakh to ₹1.80 lakh), the net loss more than tripled in absolute terms compared to the profitable position held in Q1FY25 (₹7.83 lakh profit vs ₹25.49 lakh loss). This suggests that the company is unable to cover its operating expenses with current revenue levels, leading to an accelerating burn rate as sales volume declines.