INFIBEAM AVENUES LIMITED
₹120.47-₹2.66 (-2.2%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹5,344 Cr
- P/E
- 41.1x
- EV / EBITDA
- 19.1x
- Revenue
- ₹3,727 Cr
- Net margin
- 5.1%
- ROCE
- 5.5%
Price chart
Technical chartScreen technicals →+519.1% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- +695.7%
- 3M
- +653.4%
- 6M
- +774.9%
- 1Y
- +519.1%
- 5Y
- +429.1%
52-week range
Day change -₹2.66 (-2.2%) from ₹123 to ₹120 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in CCAVENUE, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 38.5%
Concerns1
- Low return on equity of 4.8%
Rule-based from financial data. Not advice.
About the company
AvenuesAI Limited engages in the provision of digital payment solutions and enterprise software platforms for merchants, enterprises, governments and banks. The company operates through Payment Business and E-Commerce Platform Business segments.
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AvenuesAI Limited engages in the provision of digital payment solutions and enterprise software platforms for merchants, enterprises, governments and banks. The company operates through Payment Business and E-Commerce Platform Business segments. It also offers CCAvenue, a payment gateway that enables merchants to easily and securely accept a wide range of digital payment methods, as well as payment gateway related solutions, including B2Biz payments, CCAvenue SNIP, CCAvenue TokenPay, CCAvenue F.R.I.S.K, CCAvenue TokenPay, and invoice payment and subscription solutions. In addition, the company provides BillAvenue, a unified and interoperable platform that enables seamless utility and recurring payments; ResAvenue, 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, and other financial services for consumers; and TrustAvenue, a lending platform that provide working capital loans, invoice/bill discounting, and early settlement to digital payment merchants and banks. Further, the company 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. It operates in India, the United Arab Emirates, and internationally. The company was formerly known as Infibeam Avenues Limited and changed its name to AvenuesAI Limited in January 2026. AvenuesAI Limited was founded in 2001 and is headquartered in Gandhinagar, India.
- Sector
- Financial Services
- Shares outstanding
- 347 Cr shares
- ISIN
- INE483S01020
- BSE code
- 539807
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹5,344 Cr
- P/E
- 41.1x
- P/B
- 1.1x
- EV / EBITDA
- 19.1x
- EV / Sales
- 1.7x
- P/S
- 1.8x
- Earnings yield
- 2.4%
- 52-week high
- ₹138.10
- 52-week low
- ₹13.16
Profitability
- Operating margin
- 8.2%
- Net margin
- 5.1%
- EBITDA margin
- 8.8%
- ROE
- 4.8%
- ROCE
- 5.5%
- ROA
- 3.3%
- Dividend payout
- 9.0%
- Tax rate
- 26.0%
- Other income, % of PBT
- 9.3%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹3,727 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 25.9%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 38.5%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹261 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 8.8%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 5.3%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 31.3%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹605 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 239.9%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹343 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 21.4%
Solvency and efficiency
- Current ratio
- 1.87
- Debt / Assets
- 0.00
- Debt / EBITDA
- 0.05
- Financial leverage
- 1.46
- CFO / Net profit
- 3.98
- Cash / Market cap
- 35.2%
- Cash per share
- ₹5.42
- Asset turnover
- 0.64
- Fixed asset turnover
- 1.55
- Capital intensity
- 0.65
- Debtor days
- 15 days
- Cash conversion cycle
- 15 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹4 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹3,479 Cr |
| Sales | Operating profit | ₹248 Cr |
| Operating profit | Interest | ₹7 Cr |
| Operating profit | Depreciation | ₹54 Cr |
| Operating profit | Profit before tax | ₹187 Cr |
| Other income | Profit before tax | ₹35 Cr |
| Profit before tax | Tax and other | ₹63 Cr |
| Profit before tax | Net profit | ₹160 Cr |
Revenue and net profit
Revenue grew 25.9% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹577 Cr | ₹49 Cr |
| FY2022 | ₹1,167 Cr | ₹70 Cr |
| FY2023 | ₹1,787 Cr | ₹136 Cr |
| FY2024 | ₹2,961 Cr | ₹152 Cr |
| FY2025 | ₹3,727 Cr | ₹160 Cr |
Cash flows
FY2025: ₹23.0 Cr from operations, -₹326 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹158 Cr | ₹46 Cr |
| FY2022 | ₹102 Cr | ₹34 Cr |
| FY2023 | ₹178 Cr | ₹22 Cr |
| FY2024 | ₹605 Cr | ₹331 Cr |
| FY2025 | ₹23 Cr | -₹326 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹3,727 Cr+25.9%1Y
- Net profit
- ₹160 Cr+5.3%1Y
- Cash from operations
- ₹23 Cr
- Free cash flow
- -₹326 Cr-198.5%1Y
- Revenue CAGR, 5Y
- 38.5%
- EBITDA CAGR, 5Y
- 13.9%
- Net profit CAGR, 5Y
- 31.3%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹3,727 Cr | ₹248 Cr | — | ₹160 Cr | ₹23 Cr | -₹326 Cr | 4.8% | +25.9% | +5.3% |
Monthly returns
Month-by-month returns of CCAVENUE across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹4,504 Cr |
| Equity capital | ₹279 Cr |
| Reserves | ₹3,064 Cr |
| Borrowings | ₹18 Cr |
| Other liabilities | ₹1,143 Cr |
| Assets | ₹4,504 Cr |
| Fixed assets | ₹1,877 Cr |
| Capital work in progress | ₹2 Cr |
| Investments | ₹869 Cr |
| Other assets | ₹1,756 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
CCAVENUE trades at 41.1x earnings against a peer median of 26.9x (a 53% premium).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| INFIBEAM AVENUES LIMITEDCCAVENUEthis companyP/E ↑ premium | ₹5,344 Cr | 41.1x | 1.1x | 4.8% | 19.1x |
| Fedbank Financial Services LimitedFEDFINA | ₹6,065 Cr | 24.7x | 2.2x | 8.8% | — |
| DCB Bank LimitedDCBBANK | ₹5,931 Cr | 8.9x | 1.0x | 10.8% | — |
| ICRA LimitedICRA | ₹5,761 Cr | 42.9x | 7.1x | 18.4% | 36.1x |
| MAS Financial Services LimitedMASFIN | ₹5,668 Cr | 17.0x | 2.0x | 11.8% | — |
| Canara Robeco Asset Management Company LimitedCRAMC | ₹5,595 Cr | 29.6x | — | 31.8% | 27.7x |
| Pilani Investment And Industries Corporation LimitedPILANIINVS | ₹5,445 Cr | 51.4x | 0.3x | 1.1% | 20.2x |
| CARE Ratings LimitedCARERATING | ₹4,862 Cr | 30.5x | 5.3x | 17.2% | 27.8x |
| Northern Arc Capital Ltd.NORTHARC | ₹4,246 Cr | 12.2x | 1.2x | 10.1% | 10.2x |
| Peer median | — | 26.9x | 2.8x | 12.3% | 33.9x |
Year-to-date ROI
CCAVENUE since 1 January, against earlier years.
Historical volatility
CCAVENUE's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 22.0% |
| FY2022 | 12.0% |
| FY2023 | 10.0% |
| FY2024 | 8.0% |
| FY2025 | 7.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹3,727 Cr |
| Costs | |
| Interest | ₹7 Cr |
| Expenses | ₹3,479 Cr |
| Operating profitOperating Profit | ₹248 Cr |
| Other income and charges | |
| Profit before tax | ₹223 Cr |
| Tax | |
| Net profitNet Profit | ₹160 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹4,504 Cr |
| Equity capitalEquity Capital | ₹279 Cr |
| Reserves | ₹3,064 Cr |
| Borrowings | ₹18 Cr |
| Other liabilitiesOther Liabilities | ₹1,143 Cr |
| AssetsTotal Assets | ₹4,504 Cr |
| Fixed assetsFixed Assets | ₹1,877 Cr |
| Capital work in progressCWIP | ₹2 Cr |
| Investments | ₹869 Cr |
| Other assetsOther Assets | ₹1,756 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹23 Cr |
| Investing cash flowCash from Investing Activity | -₹349 Cr |
| Financing cash flowCash from Financing Activity | -₹18 Cr |
| Change in cashNet Cash Flow | -₹343 Cr |
Learn while you research
Academy chapters picked for INFIBEAM AVENUES LIMITED and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 41.1, learn when high multiples are justified.6 min read
- 04 Growth Investing26% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 06 Sector AnalysisBanks & financials are uniquely sensitive to rates and credit cycles.6 min read