Novus Loyalty profit rises to ₹92.85 crore in FY26

Novus Loyalty reported a revenue from operations of ₹1,274.20 crore for the financial year ended March 31, 2026, compared to ₹1,046.25 crore in the previous year. The company posted a net profit of ₹92.85 crore for the period, a significant increase from the ₹37.36 crore recorded in the year ended March 31, 2025. The board approved the audited standalone financial results during a meeting held on May 25, 2026.

The financial statements were audited by L N Nangalya & Co., Chartered Accountants, who issued an unqualified opinion. The auditors noted that the company issued 1,22,40,000 bonus shares and 33,00,000 equity shares via an Initial Public Offer (IPO) during the period. The IPO raised ₹60.15 crore, with shares listed on the Bombay Stock Exchange on March 25, 2026. Unutilized IPO proceeds of ₹43.07 crore were deposited in bank fixed deposits as of March 31, 2026.

Key audit matters identified by the auditors included revenue recognition from software development and loyalty programmes, as well as the capital issue via bonus shares and IPO. The auditors assessed IT controls relating to revenue recognition and verified documents such as resolutions, prospectus, and bank statements for the capital issue. The company reported no material uncertainty regarding its ability to continue as a going concern.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the earnings conference call held on May 26, 2026, at 04:00 P.M. IST is available on the company website. The call discussed the financial performance for the year ended March 31, 2026.

The board also approved the Director's Report and the Secretarial Auditor's Report for the financial year ended March 31, 2026. The 15th Annual General Meeting is scheduled for July 3, 2026, at 10:00 AM IST at the company's registered office in Gurugram. The board approved the re-appointment of Mr. Deepak Tomar as Managing Director.

Financial Metric	Year Ended Mar 31, 2026	Year Ended Mar 31, 2025
Revenue from operations	₹1,274.20 crore	₹1,046.25 crore
Net Profit	₹92.85 crore	₹37.36 crore
Total Income	₹1,277.27 crore	₹1,046.26 crore
Total Expenses	₹1,150.89 crore	₹989.38 crore
Basic EPS	₹9.28	₹3.74

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.21%	0.0%	+0.69%	-0.44%	-0.44%	-0.44%

Novus Loyalty Limited disclosed related party transactions totaling ₹1,50,06,153 for the financial year ended March 31, 2026, pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transactions, which include remuneration for directors and senior management as well as rent for corporate office space, were conducted in the ordinary course of business on an arm's length basis. The Audit Committee approved these transactions during a meeting held on August 20, 2026.

Breakdown of Transactions

The disclosure details payments made to key managerial personnel and the Managing Director. The largest component of the related party transactions was the remuneration paid to Mr. Deepak Tomar, the Managing Director, totaling ₹50,00,000. Additionally, the company paid ₹52,50,000 as rent for the corporate office to Mr. Deepak Tomar.

S. No.	Name of Related Party	Designation	Nature of Transaction	Amount (₹)
1	Mr. Mukesh Makkar	Company Secretary	Remuneration	209,790
2	Mr. Deepak Tomar	Managing Director	Director Remuneration	50,00,000
3	Mrs. Sweta Singh	WTD	Director Remuneration	30,00,000
4	Mr. Vibhore Rastogi	CFO	Remuneration	15,46,363
5	Mr. Deepak Tomar	Managing Director	Corporate Office Rent	52,50,000
Total				1,50,06,153

Audit Committee Approval

The company stated that all transactions were carried out in the ordinary course of business and were on an arm's length basis. The Audit Committee of the company approved these transactions in its meeting held on August 20, 2026. The disclosure was submitted to the BSE SME on May 29, 2026, by Vibhore Rastogi, the CFO and Compliance Officer.