mobavenue ai tech has fixed Wednesday, August 26, 2026, as the record date to determine shareholders eligible for the final dividend for the financial year ended March 31, 2026 (FY26). The Board of Directors has recommended a dividend of ₹0.10 per equity share, subject to shareholder approval at the upcoming Annual General Meeting (AGM). This announcement follows a recent stock split that adjusted the face value from ₹10 to ₹2 per share, proportionately reducing the dividend amount from ₹0.50 to ₹0.10 per share.

The 16th AGM will be held on Wednesday, September 2, 2026, at 3:00 P.M. via Video Conferencing or Other Audio Visual Means (VC/OAVM), in compliance with Ministry of Corporate Affairs circulars. The meeting agenda includes the adoption of audited financial statements for FY26 and the re-appointment of Mr. Tejas Rathod as a director retiring by rotation. Remote e-voting will commence on Sunday, August 30, 2026, and conclude on Tuesday, September 1, 2026.

Dividend Payment and Tax Compliance

Shareholders holding shares in dematerialized form as of the close of business on August 26, 2026, will be entitled to receive the dividend if declared. Payment is scheduled for on or before October 1, 2026, exclusively through electronic mode to registered bank accounts. The final dividend payment will be subject to Tax Deducted at Source (TDS) as per the Income Tax Act, 2025.

To avail exemptions, resident individual shareholders must submit Form 121 electronically through their depositories by Friday, August 21, 2026, by 11:59 P.M. Non-resident shareholders, including Foreign Portfolio Investors, must submit relevant treaty benefit documents such as the Tax Residency Certificate and Form 41. Shareholders are advised to ensure their Permanent Account Number (PAN) is linked to their Aadhaar and updated with their Depository Participants.

Regulatory Disclosures

The notice convening the AGM, along with the Annual Report for FY26, is being sent electronically to members with registered email addresses. Members without registered emails will receive a physical letter containing web links and QR codes for access. The notice is also available on the company’s website at www.mobavenue.ai . Mobavenue AI Tech Limited, formerly known as Lucent Industries Limited, emphasized adherence to SEBI Listing Regulations, specifically Regulation 42, regarding the fixation of the record date.

What the Numbers Show

The dividend recommendation reflects a continuation of shareholder returns despite the recent capital structure change. The proportional adjustment from ₹0.50 per old share to ₹0.10 per new share maintains the total payout value relative to the pre-split capital base, ensuring no dilution in shareholder value due to the subdivision. The strict adherence to electronic payment mandates and digital AGM processes highlights the company's alignment with regulatory pushes for paperless corporate governance.

Mobavenue AI Tech Limited (formerly Lucent Industries Limited) delivered a significant turnaround in profitability for the financial year ended March 31, 2026, reporting a consolidated net profit after tax (PAT) of ₹29.35 crore. This represents a 204% year-on-year increase from ₹9.66 crore in FY25, underscoring the effectiveness of its recent strategic restructuring and acquisition of Mobavenue Media Private Limited. The performance marks a critical milestone for the company as it transitions into an AI-native advertising technology platform, with international markets contributing 11.5% of total revenue.

The financial submission was made pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Annual Report for FY26 was approved by the Board of Directors on May 15, 2026, and is subject to adoption by shareholders at the 16th Annual General Meeting scheduled for September 02, 2026. The filing includes audited standalone and consolidated financial statements, reviewed by statutory auditor N. A. Shah Associates LLP, which issued an unmodified opinion on the adequacy of internal financial controls.

Financial Performance Highlights

The company’s top-line growth was robust, with consolidated revenue from operations reaching ₹218.48 crore, up from ₹86.70 crore in FY25. This expansion was primarily fueled by direct advertiser demand across high-growth sectors such as Quick Commerce, BFSI, Fintech, and Retail. Direct clients accounted for 73.9% of total revenue, indicating improved revenue quality compared to intermediary-led models.

Operating leverage played a key role in margin expansion. EBITDA rose to ₹45.37 crore from ₹14.32 crore, pushing the EBITDA margin to 20.8% from 16.5% in the prior year. Supply and data costs, the largest expense line, stood at ₹131.59 crore, consistent with the media inventory economics inherent to the business model.

Balance Sheet and Liquidity

The company’s financial position strengthened materially during FY26. Total net worth increased to ₹90.56 crore from ₹11.18 crore, driven by a preferential equity issue of approximately ₹50 crore and internal accruals. The balance sheet remained healthy with cash and cash equivalents of ₹39.94 crore and current investments of ₹30.77 crore. Borrowings were low at ₹8.49 crore, resulting in a conservative debt-equity ratio of 0.04. Net cash generated from operating activities was ₹34.82 crore, providing ample liquidity for future technology investments and international expansion.

Strategic Developments and Governance

FY26 saw the successful integration of Mobavenue Media Private Limited, establishing a unified organizational structure under the new name Mobavenue AI Tech Limited. The company expanded its international footprint, launching operations in the UK and serving clients across 10 countries. Domestically, it deepened wallet share with enterprise clients while building a scalable mid-market engine.

The Secretarial Audit Report highlighted isolated compliance delays, including a four-day delay in submitting financial results for the quarter ended March 31, 2025, and a three-day delay in depositing interim dividends. The Board has since strengthened compliance monitoring mechanisms. Additionally, the company implemented the Mobavenue AI Tech Employee Stock Option Scheme 2025, granting 1,21,705 stock options to retain specialized talent.

What the Numbers Show

A key analytical observation is the shift towards higher-quality revenue streams. With direct clients accounting for nearly 74% of revenue, the company is reducing reliance on lower-margin intermediary volumes. This structural change, combined with an asset-light, cloud-native operating model, allows unit economics to improve as scale increases. The expansion of EBITDA margins despite a 151% revenue jump indicates that the company’s proprietary AI platforms are generating operating leverage rather than requiring proportional cost increases in supply or data.

Outlook and Dividend

Looking ahead, the company aims to adhere to its 'Rule of 50' framework, targeting annual revenue growth above 30% and EBITDA margins exceeding 20%. The Board recommended a final dividend of ₹0.50 per equity share of face value ₹10 each, equivalent to ₹0.10 per sub-divided share of face value ₹2. The dividend payment date is set for October 01, 2026, subject to approval at the AGM.