Results · AI & Deep Tech

Mobavenue AI Tech reports strong quarterly growth and merger

By Startup Enthusiast · 12 September 2026

What they do

Mobavenue AI Tech provides an artificial intelligence layer that automates the advertising lifecycle from campaign planning to creative execution

The company reported Q1 FY27 net sales of ₹72.85 crore, marking a 56.97% year-on-year increase alongside a planned merger with Mobavenue Media

The firm recently launched its Neural Engine technology and rebranded, while maintaining a net-debt free status as a small-cap entity

Mobavenue AI Tech reported Q1 FY27 consolidated net sales of ₹72.85 crore, representing a 56.97% growth over the previous year.
The company achieved a record consolidated PBDIT (profit before depreciation, interest, and taxes) of ₹15.42 crore.
Consolidated PAT (profit after tax) reached ₹11.66 crore, reflecting a 94.3% increase compared to the same period last year.
The board scheduled a meeting for 15 September 2026 to evaluate a potential merger with Mobavenue Media Private Limited.
The company recently launched the Mobavenue Neural Engine, an AI platform designed to unify the advertising lifecycle and launch campaigns in under 59 seconds.
A new brand identity featuring the tagline 'Connecting what's next' was recently unveiled at Times Square in New York.

The company is currently classified as a small-cap stock within the consumer services sector.
It maintains a net-debt free balance sheet with no stake held by domestic mutual funds.
The firm underwent a stock split in June 2026, adjusting the face value from ₹10 to ₹2 per share.

The company operates an AI intelligence layer that manages the advertising lifecycle across awareness, acquisition, and activation phases.
Its Neural Engine platform provides automated capabilities for campaign planning, creative intelligence, and conversational reporting.
The business generates revenue through its advertising technology services and is listed on the BSE under scrip code 539682.
The company was formerly known as Lucent Industries Limited and previously as Sylph Education Solutions Limited.
Operations are headquartered in Mumbai.

The board will finalize the merger decision with Mobavenue Media following the meeting on 15 September 2026.