Financial Technology (Fintech)
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.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Growth: Good revenue growth. With 220.3% growth over past three years, the company is going strong.
Technicals: SharesGuru indicator is Bearish.
Comprehensive comparison against sector averages
INFIBEAM metrics compared to Financial
Category | INFIBEAM | Financial |
---|---|---|
PE | 21.15 | 15.76 |
PS | 1.34 | 2.41 |
Growth | 16.2 % | 12 % |
INFIBEAM vs Financial (2021 - 2025)
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.
Last updated: Feb 25
Management Outlook:
Infibeam's management expressed a positive outlook, emphasizing strategic growth in digital payments, AI-driven solutions, and international markets. They anticipate leveraging acquisitions (e.g., Rediff) to penetrate consumer finance and UPI services, with RediffPay expected to contribute 2"“10% of revenue over time. AI initiatives (e.g., video LLMs, Agentic AI) and data center investments aim to drive innovation and scalability, targeting 5"“10% of net revenue from AI in 2"“3 years. International expansion (UAE, Saudi Arabia) and offline POS device (SoundBox Max) rollouts are key growth drivers.
Major Points:
Management remains confident in sustaining growth through innovation and market diversification.
Last updated: Feb 25
Major Questions and Answers:
How will Infibeam convert Rediff's audience into financial services customers?
Infibeam plans to migrate Rediff users to a super app integrating payments and financial services, leveraging daily traffic without high acquisition costs. Utilizing Rediff's secure email platform, they aim to cross-sell financial products (e.g., UPI, insurance) via seamless integration and user trust.
Plans for BNPL solutions in Saudi Arabia?
Infibeam integrates third-party BNPL options (e.g., Tamara) into its payment gateway, enabling merchants to offer flexible payments. Focus remains on neutrality, collecting MDR fees without building proprietary BNPL solutions.
Impact of reduced UPI incentives?
No immediate impact, as Infibeam doesn't budget UPI revenue. Notes historical discrepancies between budgeted and actual government disbursements. UPI remains zero MDR, aligning with current strategy.
TPAP license rollout timeline?
Approval expected in 3"“4 weeks post-NPCI/RBI clearance. Launch targeted by quarter-end, enabling RediffPay UPI services across CCAvenue's merchant network.
Take rate trends amid competition?
Take rate rose to 11.1 bps (32% YoY) via express settlements, SoundBox adoption, and SME focus. Offline POS devices (higher MDR) and long-tail merchant expansion offset margin pressures.
UAE market economics for BNPL/GPay?
UAE offers double India's take rates. Focus on enterprise platforms (e.g., property management) for recurring revenue, avoiding consumer wallets. BNPL/GPay integrations boost merchant transaction volumes.
Revenue potential from Saudi partnerships (VFS, Nissan)?
Saudi Arabia is a priority growth market. New clients like VFS (NEOM projects) and Nissan to drive future revenue, with international markets targeted to contribute 20"“25% of revenue in 2 years.
RediffPay monetization beyond UPI?
Combines ads, enterprise email, and bill payments (Bharat BillPay license). Cross-selling lending/insurance using Rediff's user data. Aims for Rediff to contribute 2"“4% revenue initially, scaling to 10%.
Phronetic AI's competitive edge?
Focus on video LLMs and agentic AI for automation (e.g., security monitoring, customer service). Targets 5"“10% net revenue from AI/data centers in 3 years, leveraging localized infrastructure.
Confidence in Rediff's fintech transition?
Leverages NPCI's UPI market cap rules and CCAvenue's merchant base (10M+). Plans to integrate RediffPay across CCAvenue portals for instant merchant access, avoiding reliance on consumer apps.
Data center unit economics?
2MW operational; targets 10MW with 24-month ROI. Focus on inference models and localized demand (Tier 2/3 cities). Clients pre-committed for AI/fintech applications; capex INR20"“50 crore/MW.
EBITDA margin pressures?
Margins impacted by customer acquisition, AI/Rediff investments, and bandwidth costs. Prioritizes growth (e.g., 1.8 lakh merchants added in Q3) over short-term profitability.
SoundBox adoption vs. competitors?
SoundBox Max offers dynamic QR, multilingual support, and omnichannel tracking (online/offline). Onboarded 1.8 lakh merchants in Q3; differentiates via ERP integration and TapPay features.
US/Australia expansion and AI in sports?
Focus on existing markets (India, GCC) first. AI sports solutions (umpiring/coaching) in pilot phase; agentic AI applied to client-specific tasks (e.g., gas station monitoring).
PAT stagnation ex-MTM gains?
PAT growth tempered by upfront AI/Rediff costs and legal fees. Prioritizes long-term growth (e.g., data centers, international expansion) over short-term profit optimization.
TPV stagnation and market share?
TPV impacted by payment mix (avoiding discount-driven volumes). Focus on SME onboarding and cash flow over TPV metrics; no significant customer attrition reported.
E-commerce platform drivers?
Growth from enterprise SaaS (e.g., custom platforms for GeM). Revenue tied to software solutions, not direct TPV, with recurring fees from tailored merchant tools.
UPI dues update?
No government update on pending UPI reimbursements. Infibeam hasn't claimed UPI dues for two years, aligning with zero-MDR strategy.
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 (India)IT Enabled Services | 22.74 kCr | 2.27 kCr | +0.65% | +46.46% | 62.09 | 10.01 | +30.61% | +34.59% |
INDIAMART | IndiaMART InterMESHInternet & Catalogue Retail | 13.42 kCr | 1.59 kCr | +8.03% | -15.16% | 28.56 | 8.44 | +20.82% | +61.85% |
NAZARA | Nazara TechDigital Entertainment | 8.83 kCr | 1.48 kCr | +6.35% | +59.81% | 164.3 | 5.96 | +22.20% | -36.02% |
EASEMYTRIP | Easy Trip PlannersTour, Travel Related Services | 4.18 kCr | 632.54 Cr | +0.68% | -49.83% | 52.44 | 6.61 | +13.50% | -46.74% |
Analysis of INFIBEAM AVENUES's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2024
Description | Share | Value |
---|---|---|
Payment Business | 94.4% | 1 kCr |
E-Commerce Platform Business | 5.6% | 60.1 Cr |
Total | 1.1 kCr |
Valuation | |
---|---|
Market Cap | 4.92 kCr |
Price/Earnings (Trailing) | 21.31 |
Price/Sales (Trailing) | 1.35 |
EV/EBITDA | 13.59 |
Price/Free Cashflow | 17.28 |
MarketCap/EBT | 17.25 |
Fundamentals | |
---|---|
Revenue (TTM) | 3.64 kCr |
Rev. Growth (Yr) | 19.08% |
Rev. Growth (Qtr) | 7.19% |
Earnings (TTM) | 230.74 Cr |
Earnings Growth (Yr) | 57.84% |
Earnings Growth (Qtr) | 35.66% |
Profitability | |
---|---|
Operating Margin | 7.84% |
EBT Margin | 7.84% |
Return on Equity | 6.29% |
Return on Assets | 4.4% |
Free Cashflow Yield | 5.79% |
Investor Care | |
---|---|
Dividend Yield | 0.50% |
Dividend/Share (TTM) | 0.1 |
Shares Dilution (1Y) | 0.39% |
Diluted EPS (TTM) | 0.83 |
Financial Health | |
---|---|
Current Ratio | 1.5 |
Debt/Equity | 0.03 |
Debt/Cashflow | 10.03 |
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 | 10.98% |
Vishal Ajitbhai Mehta | 8.6% |
Infinium Motors Private Limited | 7.64% |
Ajit Champaklal Mehta | 4.32% |
Jayshreeben Ajitbhai Mehta | 4.32% |
Sonal Mayur Desai | 3.99% |
Mayur Mukundbhai Desai | 2.62% |
Variniben Vishwaskumar Patel | 2.37% |
Nirali Vishal Mehta | 2.16% |
Vybe Ventures LLP | 1.79% |
Vijayakumar Vadathavoor Subramanian | 1.56% |
Vivek Vishwas Patel | 1.4% |
Mayur Mukundbhai Desai HUF | 1.15% |
Diptiben Ileshkumar Shah | 1.13% |
Subhashchandra Rambhai Amin | 0.3% |
Achalaben S Amin | 0.03% |
Infinium Communications Private Limited | 0% |
Infinium Motors (Gujarat) Private Limited | 0% |
Advanced Energy Resources & Management Private Limited | 0% |
YORO Club LLP | 0% |
Distribution across major stakeholders
Distribution across major institutional holders