AvenuesAI Q1 FY27 Share Price & Earnings Call Analysis

₹123.45-1.74% today
Market cap
₹4,317 Cr
P/E
14.54
ROE
6.64%
PEG
0.48
Price to sales
0.47
Debt to equity
0.09
52W high / low
₹205 / ₹127
Sales growth (5Y)
64.39%
EBITDA margin
3.95%
Net profit margin
3.67%
Promoter holding
27.34%
Sales (last year)
₹9,516 Cr

Incorporated in 2017, Infibeam Avenues Ltd is in the business of software development services, maintenance, web development, payment gateway services, e-commerce and other ancillary services[1]

Guidance scorecard · Q1 FY27 call

What AvenuesAI Ltd's management guided
and where it ranks in Financial Technology (Fintech)

#2of 8 in
Financial Technology (Fintech)

RevenueQ1 FY27 call

40%+
  • FY27 consolidated revenue expected between INR 11,000 crores to INR 13,000 crores, representing ~35% growth.
  • Strong focus on building volumes and absolute profitability, with profit after tax up 45% YoY.
  • Emphasis on international expansion, especially in UAE, Saudi Arabia, and plans to build out US market in 2026–27.
  • Investment in AI infrastructure and new financial services capabilities to drive long-term growth.
  • Growth expected from multiple focus areas: Payments (CCAvenue), Consumer (Rediff platforms), Intelligence (Phronetic AI), and Credit (distribution layer via strategic investments).
  • Shift towards building integrated platforms combining payments, consumer engagement, intelligence, and credit.
  • Incremental revenue streams from credit-based distribution and AI products expected to complement payments growth.

2 more points from AvenuesAI Ltd's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what AvenuesAI Ltd said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • AvenuesAI is selectively investing in AI infrastructure, focusing on smaller data center capacities rather than large-scale data centers due to high capex and long returns.
  • There are ongoing investments in building out AI capabilities such as transaction intelligence scores, alternative risk scoring, and applied AI models leveraging transaction data.
  • The company is front-loading costs in AI infrastructure, international expansion, and new financial services capabilities to build a structurally stronger and scalable margin profile through FY27 and FY28.
  • Incremental cash generated from the core business will be selectively reinvested in AI and high-conviction growth opportunities rather than maximizing short-term profitability.

2 more points from AvenuesAI Ltd's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

See what AvenuesAI Ltd said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Ask what AvenuesAI Ltd said on the order book →

Full Q1 FY27 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Financial Technology (Fintech)
on management's own guidance

  1. This stockAvenuesAI LtdStrong growth
    2
  2. 1
  3. One 97Good growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Financial Technology (Fintech) companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹3,847 Cr86.1
2AvenuesAI LtdThis stock40%+Flat₹4,826 Cr16.3
3One 9720–40%Up 2%+₹1.09L Cr134.0
420–40%Flat₹19,058 Cr147.3
520–40%Flat₹7,659 Cr26.5
620–40%Flat₹1,808 Cr614.7

Financials of AvenuesAI Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of AvenuesAI Ltd

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +4156537427879077167451,0171,0701,1611,2801,9652,381
Expenses +3676066947178426506769399921,0851,2091,8752,286
Operating Profit48474970656769787875719096
OPM %11%7%7%9%7%9%9%8%7%6%6%5%4%
Other Income +1321326143242724282115
Interest0111011223233
Depreciation16161617171716171918181918
Profit before tax45513555546283628478798989
Tax %21%25%28%27%21%26%17%24%24%30%26%24%10%
Net Profit +35382541434669476455586880
EPS in Rs0.110.120.080.120.130.130.200.130.180.140.180.240.21

Financials of AvenuesAI Ltd

Profit & Loss

Annual income statement trend

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +2072883374418391,1596336761,2941,9623,1503,9936,787
Expenses +2282913153756839834845341,1491,7872,8983,6766,455
Operating Profit-20-22267156176149142145175252316331
OPM %-10%-1%7%15%19%15%23%21%11%9%8%8%5%
Other Income +27516316673191871257188
Interest11146644223912
Depreciation7131822668287756362677073
Profit before tax-27-109561151531308298182208308335
Tax %0%-0%-1%23%23%18%17%14%15%25%25%23%
Net Profit +-26-11944881261087084136156236261
EPS in Rs-0.13-0.050.040.160.320.380.320.220.260.420.450.650.77
Dividend Payout %0%0%0%0%3%0%6%9%15%10%9%0%

Financials of AvenuesAI Ltd

Balance Sheet

Capital structure and asset base

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital40435354546666133268268278279315
Reserves431706107292,5722,6712,7372,7552,6902,8983,1103,4573,855
Borrowings +95613667402620788317279
Other Liabilities +4450811242753963006428899301,6701,4611,965
Total Liabilities1352687501,0432,9683,1743,1303,5503,8544,1045,1425,3696,214
Fixed Assets +455167902,1152,1022,1262,1012,0802,1432,1252,2752,695
CWIP82619121603201614674311448140
Investments0006027102392457394461543485505
Other Assets +821916647727689386129761,2341,4252,1632,1612,873
Total Assets1352687501,0432,9683,1743,1303,5503,8544,1045,1425,3696,214

Financials of AvenuesAI Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +-11-212459973082215512211372072
Cash from Investing Activity +-17-91-3-55820-280-42-55-55-88-460-672
Cash from Financing Activity +30123440162-97-54-26-9-3637178208
Net Cash Flow211461-33820-27-45913161437-391
Free Cash Flow-26-7112-171-90159-19728052428-304
CFO/OP46%701%127%97%72%188%27%118%117%55%269%23%

Financials of AvenuesAI Ltd

Ratios

Working capital efficiency and return ratios

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days3042524648831392312138
Inventory Days19203713150
Days Payable5450432332
Cash Conversion Cycle-512463631831392312138
Working Capital Days-16112158489679522230-1933
ROCE %-33%-5%2%8%7%4%4%3%3%6%6%9%

Guidance history

How AvenuesAI Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →40%+FlatPlanned——
Q4 FY26 call →10–20%FlatPlanned——
Q3 FY26 call →20–40%FlatPlanned——
Q2 FY26 call →20–40%FlatPlannedPlanned—

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

15out of 100

Momentum score · price trend

15 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−29.3%23%
Last 6 months−6.3%45%
Last 3 months−24.1%11%

The price is 31.3% below its all-time high of ₹201.2 (19 Nov 2025). Stocks more than 20% below their peak have their score halved, so 29 became 15.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For AvenuesAI Ltd: 0.4 × 23 + 0.4 × 45 + 0.2 × 11 = 29, halved to 15 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 12 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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