Mobilise App Lab Ltd
Incorporated in 2012, Mobilise App Lab Limited is a technology-driven firm specialising in delivering innovative, scalable, and secure IT products.[1]
- Market Cap ₹ 105 Cr.
- Current Price ₹ 110
- High / Low ₹ 126 / 45.0
- Stock P/E 19.8
- Book Value ₹ 31.3
- Dividend Yield 0.00 %
- ROCE 39.3 %
- ROE 28.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 48.2%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 62.3 to 84.6 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Information Technology Information Technology IT - Software Software Products
Part of Nifty SME Emerge
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 6.95 | 12.06 | 16.14 | 18.39 | |
| Sales growth | +73.53% | +33.83% | +13.94% | |
| 4.65 | 7.66 | 9.34 | 10.14 | |
| Operating Profit | 2.30 | 4.40 | 6.80 | 8.25 |
| OPM % | 33.09% | 36.48% | 42.13% | 44.86% |
| 0.18 | 0.08 | 0.03 | 0.63 | |
| Interest | 0.01 | 0.02 | 0.01 | 0.02 |
| Depreciation | 0.05 | 0.28 | 0.33 | 1.34 |
| Profit before tax | 2.42 | 4.18 | 6.49 | 7.52 |
| Tax % | 27.69% | 25.84% | 25.73% | 25.66% |
| 1.76 | 3.10 | 4.82 | 5.59 | |
| EPS in Rs | 6.89 | 5.88 | ||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 38% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 44% |
| TTM: | 9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 48% |
| Last Year: | 29% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.00 | 2.00 | 9.51 | |
| Reserves | 3.58 | 5.15 | 20.27 | |
| 0.35 | 0.11 | 0.09 | ||
| 2.57 | 3.99 | 2.78 | ||
| Total Liabilities | 6.50 | 11.25 | 32.65 | |
| 2.21 | 3.24 | 7.24 | ||
| CWIP | 0.00 | 0.00 | 0.70 | |
| Investments | 0.00 | 0.16 | 0.20 | |
| 4.29 | 7.85 | 24.51 | ||
| Total Assets | 6.50 | 11.25 | 32.65 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 4.54 | 5.68 | 5.26 | ||
| -2.04 | -3.20 | -5.96 | ||
| -1.30 | -1.77 | 17.01 | ||
| Net Cash Flow | 1.20 | 0.71 | 16.32 | |
| Free Cash Flow | 2.73 | 2.61 | -0.78 | |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 123% | 84% | 64% |
Ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 12.41 | 90.01 | 84.55 | |
| Inventory Days | 9.61 | |||
| Days Payable | 184.90 | |||
| Cash Conversion Cycle | 12.41 | 90.01 | -90.74 | |
| Working Capital Days | -29.36 | 16.51 | 53.19 | |
| ROCE % | 116.35% | 39.27% |
Documents
Announcements
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
- Mobilise App Lab says Q2 FY26 corporate governance report not applicable under Regulation 27(2) on NSE EMERGE.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended September 30, 2026; shares remain fully in demat form.
-
Trading Window
- Trading window closed from October 1, 2026 until 48 hours after half-year results.
-
Shareholders meeting
- All four AGM resolutions passed on September 25, 2026, including two independent director appointments.
-
Shareholders meeting
- Mobilise App Lab held its 3rd AGM on September 25, 2026, approved financials and director reappointments.
Business Overview:[1]
MALL is a SaaS company that develops cloud-based enterprise software to replace manual processes and disconnected systems. It delivers scalable digital platforms designed to simplify daily operations, reduce administrative complexity, and improve efficiency through continuous product upgrades driven by customer feedback, technology, and regulations.