Novus Loyalty reported strong FY26 results with a 148% jump in profit to Rs 9.28 crore. The firm is expanding its fintech footprint by acquiring an 80.87% stake in AutoPe Payment Solutions for Rs 105 crore and has secured a major Rs 88 crore loyalty contract from Central Bank of India.
Novus Loyalty Posts Strong FY26 Growth and Announces Strategic Acquisitions
Revenue rose to Rs 127.42 crore (up 21.8%), while PAT surged 148% to Rs 9.28 crore.
Reader Takeaway: Robust financial performance and expansion into payments drive growth, though deal execution and contract scale remain critical.
What just happened
Novus Loyalty has released its FY26 audited performance, highlighting a sharp expansion in margins and profitability. Alongside financial results, the company announced a strategic move to acquire an 80.87% stake in AutoPe Payment Solutions Limited at an equity valuation of Rs 130 crore. Additionally, the company secured a significant three-year contract with the Central Bank of India valued at Rs 88 crore.
Why this matters
The acquisition of AutoPe marks a transition for Novus from pure loyalty management to an integrated payments and rewards ecosystem. By embedding loyalty solutions into payment journeys, the company aims to broaden its merchant and partner network. The Central Bank of India contract provides revenue visibility for the next three years, while the new Dubai subsidiary signals international growth ambitions in the GCC and MENA regions.
The backstory
Novus Loyalty has been scaling its operations through both organic enterprise wins and technological innovation. The recent launch of its 'NoCXy AI' platform at the Global Fintech Fest 2026 demonstrates the company’s focus on using autonomous AI agents to manage loyalty operations more efficiently.
Risks to watch
Investors should monitor the regulatory approval process for the AutoPe acquisition. Furthermore, the Rs 88 crore revenue from the Central Bank of India contract is contingent on the actual scale and usage of the loyalty program, meaning actual realizations could vary.
What to track next
The finalization of definitive agreements for the AutoPe acquisition is the primary event to watch. Additionally, shareholders should keep an eye on the successful rollout of the Central Bank of India program and the progress of the Dubai expansion strategy.