Novus Loyalty Ltd files audited FY26 results with unmodified opinion

1 min read     Updated on 12 Jun 2026, 03:46 PM
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Novus Loyalty Limited has filed its audited standalone financial results for FY26 with an unmodified opinion from statutory auditors L N Nangalya & Co. The declaration, made by Managing Director Deepak Tomar, complies with SEBI Regulation 33(3)(d). The audit report covers the financial year ended March 31, 2026.

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Novus Loyalty Limited has filed its audited standalone financial results for the financial year ended March 31, 2026, confirming that the statutory auditors have issued an unmodified opinion on the accounts. The disclosure, submitted to the BSE Limited, confirms the financial health of the company for the fiscal year based on the audit conducted by L N Nangalya & Co., Chartered Accountants.

Audit Declaration Details

The declaration was made by Deepak Tomar, Managing Director of Novus Loyalty Limited , pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that the statutory auditors have completed their review of the standalone financial statements without any qualifications.

Entity Role
L N Nangalya & Co. Statutory Auditors
Deepak Tomar Managing Director

The audit report covers the financial performance of the company for the period ending March 31, 2026. The submission to the exchange includes the requisite certification that the auditors' report carries an unmodified opinion, indicating that the financial statements present a true and fair view of the company's affairs.

Regulatory Compliance

The filing addresses the compliance requirements set forth by the market regulator. The company, formerly known as Novus Loyalty Private Limited, is registered at 727, Udyog Vihar, Phase-V, Gurugram, Haryana. The document was digitally signed by the Managing Director on June 12, 2026.

Historical Stock Returns for Novus Loyalty

1 Day5 Days1 Month6 Months1 Year5 Years
+1.21%0.0%+0.69%-0.44%-0.44%-0.44%

How will the unmodified audit opinion impact investor confidence and stock performance in the upcoming quarter?

What strategic growth initiatives does Novus Loyalty plan to pursue following the confirmation of its financial health?

Are there any anticipated regulatory changes that could affect Novus Loyalty's operations in the next fiscal year?

Novus Loyalty revenue rises 22% to ₹127 crore in FY26

2 min read     Updated on 01 Jun 2026, 02:34 PM
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Novus Loyalty reported a 22% increase in revenue to ₹127 crore for the financial year ended March 31, 2026. Profit after tax surged 150% to ₹9.28 crore, while EBITDA grew 120% to ₹12.33 crore. The company plans to utilize IPO proceeds for international expansion and product development.

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Novus Loyalty reported a 22% increase in revenue to ₹127 crore for the financial year ended March 31, 2026, driven by the maturation of its loyalty programs. Profit after tax (PAT) surged 150% to ₹9.28 crore, while EBITDA grew 120% to ₹12.33 crore. The company improved its EBITDA margin to 9.68% and PAT margin to 7.29%, signaling strong operational leverage as client programs mature beyond the initial three-year mark.

The company’s growth strategy focuses on four revenue verticals: technology, redemption, merchant promotions, and digital vouchers. Management emphasized that technology and merchant promotions yield higher net revenue due to the absence of direct procurement costs. Novus Loyalty currently processes over 50 crore transactions monthly for more than 4 crore end customers across 100+ enterprise clients.

Financial Performance FY26

The company achieved significant margin expansion during the year, attributed to a shift in revenue mix towards higher-margin technology services. The following table details the financial metrics for the year ended March 31, 2026:

Metric Value Growth / Margin
Revenue ₹127 crore 22% YoY increase
EBITDA ₹12.33 crore 120% YoY increase
PAT ₹9.28 crore 150% YoY increase
EBITDA Margin 9.68% Improved vs previous year
PAT Margin 7.29% Improved vs previous year

Strategic Expansion and Utilization of Funds

Following its IPO in March 2026, which raised approximately ₹60 crore, Novus Loyalty plans to deploy capital into sales, marketing, and product development. The company has allocated approximately ₹11-12 crore for business expansion, with 50% expected to be utilized in the current fiscal year. A key focus is international expansion, targeting the MENA region, Africa, the US, and Australia, where technology margins are higher.

The company is establishing a wholly-owned subsidiary in the UAE and has onboarded two partners in the African region. Additionally, Novus Loyalty is actively pursuing small acquisitions of marketing agencies in the US and Australia to accelerate market entry and secure local liability insurance requirements. International revenue, which stood at approximately ₹3.3 crore in FY26, is expected to at least double in the current fiscal year.

Operational Highlights and Outlook

Novus Loyalty’s platform supports both SaaS and on-premise deployment models, catering to banking and retail clients. The company holds ISO, CMMI, and PCI DSS certifications, enabling it to handle sensitive transactional data. Recent client wins include an ₹88 crore order from Central Bank and a ₹4 crore technology contract with the Bank of Abyssinia.

Management expects revenue growth to exceed 20% in FY27, supported by the full deployment of IPO proceeds and the maturation of recently onboarded client programs. The company is also developing AI layers within its product to reduce reliance on consultation services and enhance campaign automation.

Historical Stock Returns for Novus Loyalty

1 Day5 Days1 Month6 Months1 Year5 Years
+1.21%0.0%+0.69%-0.44%-0.44%-0.44%

What are the specific timelines and revenue milestones for the MENA and African expansion following the establishment of the UAE subsidiary?

How will the proposed acquisitions of marketing agencies in the US and Australia impact integration costs and profitability in the short term?

What is the expected impact of the new AI layers on reducing operational costs and altering the revenue mix away from consultation services?

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1 Year Returns:-0.44%