Novus Loyalty reports ₹127.4 crore revenue in FY26 AGM
Novus Loyalty Limited held its 15th AGM on July 3, 2026, approving the audited standalone financial statements for FY26 and re-appointing Deepak Tomar as Managing Director. The company reported a 22% YoY revenue increase to ₹127.42 crore, with EBITDA at ₹12.33 crore and PAT at ₹9.28 crore. Management highlighted global expansion plans, AI advancements, and new partnerships in Africa and Ethiopia.
*this image is generated using AI for illustrative purposes only.
Novus Loyalty Limited held its 15th Annual General Meeting (AGM) on July 3, 2026, at IRIS Hall, Luxera Hotels & Banquets in Gurugram. The meeting approved the adoption of audited standalone financial statements for the financial year ended March 31, 2026, and the re-appointment of Mr. Deepak Tomar as Managing Director. The company reported a 22% year-on-year revenue growth to ₹127.42 crore, with EBITDA rising to ₹12.33 crore and Profit After Tax reaching ₹9.28 crore.
The proceedings were conducted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Vibhore Rastogi, Compliance Officer & CFO, confirmed that the requisite quorum was present in accordance with Section 103 of the Companies Act, 2013. The company's statutory auditors, M/s L. N. Nangalya & Co., issued an unqualified audit report.
FY26 Financial Performance
The company achieved an EBITDA margin of 9.68% and a PAT margin of 7.29%. Revenue growth was driven by a platform that serves over 100 enterprise customers and processes more than 40 crore transactions monthly. The audited results reflect strengthened profitability and margins, attributed to the scalability of the technology platform and operational discipline.
| Metric | Value |
|---|---|
| Revenue from Operations | ₹127.42 crore |
| EBITDA | ₹12.33 crore |
| EBITDA Margin | 9.68% |
| Profit Before Tax | ₹12.30 crore |
| Profit After Tax | ₹9.28 crore |
| PAT Margin | 7.29% |
Strategic Initiatives and Outlook
Management outlined a growth strategy focusing on global expansion, particularly in Africa, APAC, and the GCC, with plans to establish a new office in Dubai. The company is advancing its AI capabilities through NoCXy AI, a proprietary decision engine designed to automate engagement and personalise rewards. The firm also secured an ₹88 crore loyalty mandate from the Central Bank of India and entered a partnership with the Bank of Abyssinia in Ethiopia.
During the Q&A session, management indicated that 15–20% of investments would be directed toward product development, with a significant focus on sales and marketing efforts. The company is also exploring opportunities to obtain a PPI license to enhance its gift card issuance business and improve EBITDA margins.
Historical Stock Returns for Novus Loyalty
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.85% | -10.83% | -10.77% | -12.68% | -12.68% | -12.68% |
What is the expected timeline for establishing the new Dubai office, and how will it impact revenue contributions from the GCC region?
How will the proposed PPI license specifically enhance EBITDA margins within the gift card business?
What specific ROI does management expect from the increased allocation toward sales and marketing efforts?
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