Financial Technology (Fintech)
Valuation | |
|---|---|
| Market Cap | 6.07 kCr |
| Price/Earnings (Trailing) | 19.94 |
| Price/Sales (Trailing) | 1.09 |
| EV/EBITDA | 13 |
| Price/Free Cashflow | -21.6 |
| MarketCap/EBT | 18.18 |
| Enterprise Value | 5.43 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 10.8% |
| Price Change 1M | 5% |
| Price Change 6M | 14.1% |
| Price Change 1Y | -25.7% |
| 3Y Cumulative Return | 2.6% |
| 5Y Cumulative Return | -3.5% |
| 7Y Cumulative Return | 13.6% |
Cash Flow & Liquidity |
|---|
| Revenue (TTM) |
| 5.57 kCr |
| Rev. Growth (Yr) | 94.7% |
| Earnings (TTM) | 245.16 Cr |
| Earnings Growth (Yr) | 42.5% |
Profitability | |
|---|---|
| Operating Margin | 6% |
| EBT Margin | 6% |
| Return on Equity | 5.65% |
| Return on Assets | 3.95% |
| Free Cashflow Yield | -4.63% |
| Cash Flow from Investing (TTM) | -671.57 Cr |
| Cash Flow from Operations (TTM) | 72.06 Cr |
| Cash Flow from Financing (TTM) | 208.28 Cr |
| Cash & Equivalents | 682.42 Cr |
| Free Cash Flow (TTM) | -304.35 Cr |
| Free Cash Flow/Share (TTM) | -0.87 |
Balance Sheet | |
|---|---|
| Total Assets | 6.21 kCr |
| Total Liabilities | 1.87 kCr |
| Shareholder Equity | 4.34 kCr |
| Current Assets | 2.68 kCr |
| Current Liabilities | 1.55 kCr |
| Net PPE | 198.91 Cr |
| Inventory | 0.00 |
| Goodwill | 1.67 kCr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.01 |
| Debt/Equity | 0.01 |
| Interest Coverage | 29.59 |
| Interest/Cashflow Ops | 8.6 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend Yield | 0.63% |
| Shares Dilution (1Y) | 25.7% |
| Shares Dilution (3Y) | 30.6% |
Growth: Awesome revenue growth! Revenue grew 60.8% over last year and 226.8% in last three years on TTM basis.
Momentum: Stock price has a strong positive momentum. Stock is up 5% in last 30 days.
Balance Sheet: Strong Balance Sheet.
Size: Market Cap wise it is among the top 20% companies of india.
Past Returns: Underperforming stock! In past three years, the stock has provided 2.6% return compared to 13% by NIFTY 50.
Dilution: Company has a tendency to dilute it's stock investors.
Smart Money: Smart money is losing interest in the stock.
Growth: Awesome revenue growth! Revenue grew 60.8% over last year and 226.8% in last three years on TTM basis.
Momentum: Stock price has a strong positive momentum. Stock is up 5% in last 30 days.
Balance Sheet: Strong Balance Sheet.
Size: Market Cap wise it is among the top 20% companies of india.
Past Returns: Underperforming stock! In past three years, the stock has provided 2.6% return compared to 13% by NIFTY 50.
Dilution: Company has a tendency to dilute it's stock investors.
Smart Money: Smart money is losing interest in the stock.
Investor Care | |
|---|---|
| Dividend Yield | 0.63% |
| Shares Dilution (1Y) | 25.7% |
| Earnings/Share (TTM) | 0.87 |
Financial Health | |
|---|---|
| Current Ratio | 1.73 |
| Debt/Equity | 0.01 |
Technical Indicators | |
|---|---|
| RSI (14d) | 77.17 |
| RSI (5d) | 100 |
| RSI (21d) | 57.98 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Sell |
| SharesGuru Signal | Buy |
| RSI Signal | Sell |
| RSI5 Signal | Sell |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
Summary of INFIBEAM AVENUES's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
During the Q2 FY 2026 Earnings Conference Call held on November 13, 2025, the management of Infibeam Avenues Limited provided an optimistic outlook, indicating that the company achieved its best-ever performance with record revenues and profits. The consolidated gross revenue reached Rs.1,965 crores, reflecting a 53% sequential increase and a 93% year-on-year jump, attributed to significant increases in transaction processing volume (TPV) and contributions from Rediff.
Management noted an approach toward becoming a hybrid B2B and B2C organization, approaching an annual revenue run rate of nearly $1 billion as previously discussed in 2023. They aim to close FY '26 at the higher end of their guidance range based on current trends. The strategic transformation is anchored on two pillars: AI-driven fintech infrastructure solutions and AI-powered consumer and merchant platforms.
Key highlights included plans to launch RediffPay, a consumer UPI app aiming to revolutionize user engagement through three components: a unified suite (RediffOne) integrating various services, RediffPay itself, and Rediff TV as a content platform"”all designed to enhance consumer interaction and monetization. Significant partnerships were established, including collaborations with co-operative banks to expand their digital payment solutions.
Financial projections remained strong, with adjusted EBITDA of Rs.94 crores and a PAT of Rs.65 crores, showcasing a commitment to sustainable cash generation and shareholder value. Management expressed ambitions to expand internationally, particularly in markets like the UAE, with expectations for international payments to significantly influence revenue growth within the next 12 to 18 months. The focus on AI-enabled systems was emphasized, with a commitment to integrating innovative fintech solutions as a core component of their future strategy.
Understand INFIBEAM AVENUES ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Vishwas Ambalal Patel | 10.96% |
| Vishal Ajitbhai Mehta | 8.58% |
| Infinium Motors Private Limited | 7.63% |
| Mayur Mukundbhai Desai | 4.35% |
| Ajit Champaklal Mehta | 4.31% |
| Jayshreeben Ajitbhai Mehta | 4.31% |
| Variniben Vishwaskumar Patel | 2.36% |
Detailed comparison of INFIBEAM AVENUES against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| AFFLE | AFFLE 3I | 23.27 kCr | 2.66 kCr | -9.20% | +9.30% | 52.93 | 8.74 | - | - |
| INDIAMART | IndiaMART InterMESH | 13.67 kCr | 1.87 kCr |
Comprehensive comparison against sector averages
INFIBEAM metrics compared to Financial
| Category | INFIBEAM | Financial |
|---|---|---|
| PE | 19.94 | 16.44 |
| PS | 1.09 | 2.35 |
| Growth | 60.8 % | 7.4 % |
Infibeam Avenues Limited, together with its subsidiaries, operates as a digital payment and e-commerce technology company that engages in the provision of digital payment solutions, data center infrastructure, and software platforms for businesses and governments to execute e-commerce transactions. The company operates through Payment Business and E-Commerce Platform Business segments. It also offers CCAvenue, a payment gateway to ecommerce merchants to collect payments online and offline from their customers, as well as payment gateway related solutions, including B2Biz payments, CCAvenue SNIP, CCAvenue TokenPay, and invoice payment and subscription solutions. In addition, the company provides BillAvenue, an online bill payment platform for recurring bill payments services to customers; ResAven, an online hospitality management solution that helps hoteliers to distribute room inventory; Go Payments, an online platform that offers domestic money transfer, AEPS, mobile recharge, travel bookings, insurance, and other financial services for consumers, as well as payment issuing and processing services for banks, governments, and corporates; and TrustAvenue, a lending platform that provide working capital loans, invoice/bill discounting, and early settlement to digital payment merchants. Further, it provides BuildaBazaar for Enterprise, a cloud based end-to-end software as a service eCommerce marketplace technology platform that allows corporates to transact online, manage the back end, make digital payments, undertake online marketing, and other value-added digital services. Infibeam Avenues Limited operates in India, the United Arab Emirates, Saudi Arabia, Oman, Australia, and the United States. The company was formerly known as Infibeam Incorporation Limited and changed its name to Infibeam Avenues Limited in July 2018. Infibeam Avenues Limited was incorporated in 2010 and is headquartered in Gandhinagar, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
INFIBEAM vs Financial (2021 - 2026)
Here are key questions from the Q&A section of the earnings transcript along with detailed answers provided by the management:
Prathna: After the platform divestiture to Rediff and the rights issue, how has the capital allocation framework evolved? Specifically, what is the long-term split between funding AI infrastructure versus new payment rails versus consumer platform expansion?
Answer: As for the capital allocation post-rights issue, our primary focus is investments in AI, particularly building out Phronetic.AI. The funds will support our digital ecosystem's growth. Additionally, we plan to invest in expanding Rediff, including launching RediffPay and Rediff TV, alongside enhancing our consumer platform. Thus, the capital allocation will be balanced between AI, payments infrastructure, and consumer expansion initiatives.
Rahul Jain: Can you provide insights into what is driving the significant TPV growth and the improved take rate this quarter, especially given the early festive season?
Answer: The TPV growth is attributed to an increased focus on credit card transactions, which, while having a lower take rate, enabled significant volume growth. We opted to prioritize absolute profits over net take rates. Credit card processing surged, alongside pre-holiday commitments, helping us achieve strong results. Our strategy is centered on enhancing profitability while scaling operations rather than merely maximizing take rates.
Deepesh Sancheti: Are you planning to become a content creator with Rediff TV, or will it just be a platform for other content?
Answer: We will act as content creators. Rediff TV is designed to use AI-driven agents for multimedia content creation, mixing automated and human-produced content. Our goal is to combine technology with brand storytelling, marking a shift towards streaming content aligned with evolving consumer preferences, thus leveraging the growing trend of video consumption over text.
Athar Syed: What differentiates RediffPay from other UPI apps like Paytm or PhonePe?
Answer: RediffPay differentiates itself by providing brands with direct access to consumers through targeted communication channels, allowing brands to reach customers effectively. Unlike traditional UPI apps, we focus on creating workflows that integrate consumer payment experiences with brand interactions, emphasizing user control over promotional communications while facilitating smooth payments.
Kaushik Poddar: How does your AI-first approach differ from traditional methods?
Answer: Our AI-first approach places AI at the core of product design and decision-making, shifting from reliance on static, manual processes to data-driven insights. This allows us to optimize merchant interactions, predict trends, and enhance fraud detection. Unlike traditional systems, which augment workflows with AI, our model fundamentally rethinks operations, integrating AI to automatically analyze data and enhance efficiency across all business functions.
These responses capture strategic insights and monetary projections from Infibeam Avenues Limited's recent earnings call.
| Nirali Vishal Mehta | 2.2% |
| Vijayakumar Vadathavoor Subramanian | 1.85% |
| Samyaktva Construction LLP | 1.77% |
| Vivek Vishwas Patel | 1.4% |
| Diptiben Ileshkumar Shah | 1.21% |
| Shaival M Desai HUF | 1.12% |
| Mayur Mukundbhai Desai HUF | 1.05% |
| Shetal Samirbhai Patel | 0.12% |
| Vishal Subhashchandra Amin | 0.11% |
| Late Subhashchandra Rambhai Amin | 0.03% |
| Bhadrika Arvind Shah | 0% |
| Shreya Nisarg Parikh | 0% |
| Mokshadaben Pravinbhai Sheth | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| +3.50% |
| +4.00% |
| 22.55 |
| 7.32 |
| - |
| - |
| NAZARA | Nazara Tech | 10.33 kCr | 3.16 kCr | -3.10% | +16.10% | 87.84 | 3.27 | - | - |
| EASEMYTRIP | Easy Trip Planners | 2.41 kCr | 543.24 Cr | -9.90% | -49.80% | 15.09 | 4.45 | - | - |
Analysis of INFIBEAM AVENUES's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Sep 30, 2025
| Description | Share | Value |
|---|---|---|
| Payment Business | 96.7% | 1.9 kCr |
| E-Commerce Platform Business | 3.3% | 64.8 Cr |
| Total | 2 kCr |
| Exceptional items before tax |
| - |
| 0 |
| 0 |
| 4.19 |
| 0 |
| 0 |
| 0 |
| Total profit before tax | 23.7% | 95 | 77 | 81 | 80 | 63 | 78 |
| Current tax | -1.2% | 3.37 | 3.4 | 0.79 | 1.61 | 2.06 | 1.15 |
| Deferred tax | 6.2% | 18 | 17 | 23 | 18 | 13 | 13 |
| Total tax | 5.3% | 21 | 20 | 24 | 20 | 15 | 14 |
| Total profit (loss) for period | 17.5% | 68 | 58 | 55 | 64 | 47 | 70 |
| Other comp. income net of taxes | 31.3% | 0.08 | -0.34 | 9.65 | 1.19 | -0.07 | -8.35 |
| Total Comprehensive Income | 17.5% | 68 | 58 | 64 | 66 | 47 | 61 |
| Earnings Per Share, Basic | 2.5% | 0.23 | 0.21 | 0.2 | 0.23 | 0.17 | 0.25 |
| Earnings Per Share, Diluted | 2.5% | 0.23 | 0.21 | 0.19 | 0.23 | 0.17 | 0.25 |
| -11.7% |
| 54 |
| 61 |
| 56 |
| 59 |
| 69 |
| 75 |
| Other expenses | 28.8% | 3,385 | 2,629 | 1,532 | 967 | 404 | 407 |
| Total Expenses | 27.5% | 3,552 | 2,786 | 1,670 | 1,091 | 525 | 536 |
| Profit Before exceptional items and Tax | 12.1% | 223 | 199 | 182 | 85 | 60 | 60 |
| Exceptional items before tax | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total profit before tax | 12.1% | 223 | 199 | 182 | 85 | 60 | 60 |
| Current tax | - | 63 | 0 | 1.64 | -24.78 | 7.7 | 11 |
| Deferred tax | -102% | 0 | 51 | 44 | 39 | 3.35 | 10 |
| Total tax | 24% | 63 | 51 | 46 | 15 | 11 | 21 |
| Total profit (loss) for period | 8.2% | 160 | 148 | 135 | 70 | 49 | 39 |
| Other comp. income net of taxes | 211.2% | 3.77 | 1.89 | 5.37 | -22.33 | 0.21 | -0.12 |
| Total Comprehensive Income | 9.4% | 164 | 150 | 141 | 48 | 50 | 38 |
| Earnings Per Share, Basic | 8.7% | 0.58 | 0.54 | 0.51 | 0.26 | 0.185 | 0.145 |
| Earnings Per Share, Diluted | 8.5% | 0.57 | 0.53 | 0.5 | 0.26 | 0.185 | 0.145 |
| 411.1% |
| 2.38 |
| 1.27 |
| - |
| - |
| 5.31 |
| - |
| Goodwill | 0% | 1,612 | 1,612 | 1,612 | 1,612 | 1,612 | 1,612 |
| Non-current investments | 44.4% | 1,254 | 869 | 780 | 784 | 672 | 590 |
| Total non-current financial assets | 38.9% | 1,264 | 910 | 802 | 802 | 675 | 637 |
| Total non-current assets | 11.6% | 3,127 | 2,801 | 2,710 | 2,894 | 2,831 | 2,800 |
| Total assets | 18.1% | 5,319 | 4,504 | 4,529 | 4,715 | 3,930 | 3,817 |
| Borrowings, non-current | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total non-current financial liabilities | -50% | 14 | 27 | 14 | 8.43 | 10 | 5.01 |
| Provisions, non-current | -0.8% | 6.92 | 6.97 | 7.22 | 6.6 | 6.25 | 5.58 |
| Total non-current liabilities | 7.9% | 275 | 255 | 205 | 183 | 162 | 134 |
| Borrowings, current | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total current financial liabilities | -13% | 48 | 55 | 68 | 58 | 63 | 46 |
| Provisions, current | -29.9% | 2.62 | 3.31 | 2.43 | 2.42 | 1.75 | 1.75 |
| Current tax liabilities | 0% | 0.17 | 0.17 | 0.15 | 0.16 | 0.16 | 0.16 |
| Total current liabilities | 38.5% | 1,254 | 906 | 1,092 | 1,299 | 750 | 723 |
| Total liabilities | 31.7% | 1,529 | 1,161 | 1,296 | 1,482 | 912 | 858 |
| Equity share capital | 12.9% | 315 | 279 | 278 | 278 | 268 | 268 |
| Total equity | 13.4% | 3,790 | 3,343 | 3,232 | 3,233 | 3,018 | 2,959 |
| Total equity and liabilities | 18.1% | 5,319 | 4,504 | 4,529 | 4,715 | 3,930 | 3,817 |
| 4.8% |
| 0 |
| -0.05 |
| 0 |
| 0 |
| - |
| - |
| Interest received | 92.5% | 0 | -12.37 | 0 | 0 | - | - |
| Income taxes paid (refund) | 26% | -28.97 | -39.48 | -16.04 | 53 | - | - |
| Other inflows (outflows) of cash | - | 9.81 | 0 | 0 | 0 | - | - |
| Net Cashflows From Operating Activities | -96.4% | 23 | 605 | 178 | 102 | - | - |
| Cashflows used in obtaining control of subsidiaries | - | 0 | 0 | 0 | 27 | - | - |
| Proceeds from sales of PPE | 15.5% | 0.18 | 0.03 | 0 | 0 | - | - |
| Purchase of property, plant and equipment | -58.6% | 9.69 | 22 | 23 | 41 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | - | 0 | 0 | 0 | 0.56 | - | - |
| Dividends received | -1.1% | 0.04 | 0.05 | 0.01 | 0 | - | - |
| Interest received | 116.7% | 27 | 13 | 10 | 5.2 | - | - |
| Other inflows (outflows) of cash | -232% | -87.34 | -25.61 | -142.82 | -4.63 | - | - |
| Net Cashflows From Investing Activities | -24.1% | -349.27 | -281.19 | -155.84 | -68.2 | - | - |
| Proceeds from issuing shares | -1150% | 0 | 0.92 | 0 | 0 | - | - |
| Proceeds from issuing other equity instruments | -100.8% | 0 | 121 | 40 | 0 | - | - |
| Proceeds from exercise of stock options | - | 0.75 | 0 | 0.15 | 0.1 | - | - |
| Repayments of borrowings | - | 0 | 0 | 0 | 20 | - | - |
| Dividends paid | 8.3% | 14 | 13 | -0.01 | 13 | - | - |
| Interest paid | 154.4% | 4.46 | 2.36 | 1.92 | 2.65 | - | - |
| Other inflows (outflows) of cash | - | 0 | 0 | -1.71 | 0 | - | - |
| Net Cashflows from Financing Activities | -117.7% | -17.55 | 106 | 37 | -35.63 | - | - |
| Net change in cash and cash eq. | -180.3% | -343.39 | 430 | 59 | -2.16 | - | - |