Mobavenue AI Tech: Powering Digital Growth with AI and Outcome-Based Strategies

Mobavenue AI Tech Limited, formerly known as Lucent Industries Limited, has delivered a strong performance in the second quarter of Fiscal Year 2026, showcasing the effectiveness of its AI-first vision and outcome-based business model. The digital-first technology group, which specializes in AI-powered advertising, marketing, and consumer growth platforms, reported robust financial results and outlined ambitious strategic initiatives for continued expansion.

For Q2 FY26, Mobavenue AI Tech's revenue from operations surged by 17.1% quarter-on-quarter, reaching INR 54.32 crore. This growth was accompanied by a significant 26.3% increase in EBITDA, which stood at INR 11.04 crore, pushing the EBITDA margin to an impressive 20.3%. Profit After Tax (PAT) also saw a healthy rise of 21.7% QoQ, closing at INR 7.30 crore, with a PAT margin of 13.4%. For the first half of FY26, the company recorded a revenue of INR 100.73 crore, EBITDA of INR 19.77 crore, and PAT of INR 13.30 crore, demonstrating consistent operational efficiency and topline growth.

Strategic Milestones and AI-Driven Innovation

A pivotal achievement this quarter was the successful completion and integration of Mobavenue Media as a wholly-owned subsidiary. This strategic move has not only expanded the company's product ecosystem but also transformed its value delivery, strengthening cross-selling capabilities and aligning teams under a unified vision for sustainable growth in both domestic and international markets. The company's AI platforms continue to scale, showing improved revenue-per-outcome and higher-quality-outcome volumes, a testament to their robust technology stack.

Mobavenue's commitment to AI-driven innovation is further underscored by the ongoing creation of its Artificial Intelligence Center of Excellence (AI CoE). This CoE is envisioned as the heart of its innovation engine, a central workbench for developing next-generation AI-driven solutions in advertising and marketing. It aims to embed agentic frameworks into platforms, enabling clients to deploy real-world AI use cases that directly impact business growth by facilitating decision-making, not just data analysis.

Expanding Market Footprint and Future Outlook

The company's growth strategy is multi-pronged, focusing on strategic expansion in India's high-growth channels like Connected TV, OTT, and Commerce Retail Media. Concurrently, it is pursuing global expansion through proven go-to-market strategies and partnerships in emerging markets. Robust investments in technology, intellectual property, AI, and Machine Learning are central to strengthening its AI infrastructure and proprietary tech.

Mobavenue is also venturing into new business vertical segments, delivering scalable, data-driven marketing technology to enterprises and mid-sized businesses, and launching proprietary monetization solutions. An integrated platform layer for AI advertising agents, social, and search unified bidders is being built to streamline campaigns across various channels. Furthermore, the company plans inorganic growth through strategic acquisitions across different segments.

Capital Allocation and Shareholder Value

In a significant development, the Board of Directors approved a preferential issue of up to 9,19,117 equity shares at a price of INR 1,088/- per share, aggregating to approximately INR 99.99 crore. The proceeds are strategically allocated: 75% for strategic acquisitions and investments, 15% for growth expansion and technological advancements, and 10% for general corporate purposes. This plan aims to drive sustainable growth, strengthen technological capabilities, and enhance long-term shareholder value. The company also declared an interim dividend of INR 0.50 per equity share, reflecting its commitment to returning value to shareholders.

Additionally, the Board approved the 'Mobavenue AI Tech Limited Employee Stock Option Scheme 2025' (ESOP 2025), covering 7,50,000 options. This scheme is designed to attract, retain, and motivate key employees by aligning their interests with the company's long-term growth and enabling them to benefit from the increase in the company's share value.

Management's Vision

Management reiterated its commitment to building a core technology platform that makes growth simpler and more predictable for businesses powered by AI. The company aims for EBITDA margins between 20% and PAT margins above 13%, with a growth rate exceeding 30%. The advertising and consumer growth platforms are expected to remain the core revenue drivers, with continuous focus on deepening presence in India and global markets, and exploring adjacent areas like MarTech and Monetization Tools. The company's disciplined approach, transparency, and long-term thinking are foundational to its sustainable and profitable growth.

Mobavenue AI Tech is not just adapting to the digital evolution; it is actively leading the AI-powered transformation in advertising and marketing. With a strong foundation, strategic investments, and a clear vision, the company is well-positioned to capitalize on industry tailwinds and deliver stronger outcomes for its clients globally, reinforcing investor trust and confidence.