AvenuesAI Ltd
NSE: CCAVENUE BSE: 539807IT / Software
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]
₹13.4
52W: ₹12.7 — ₹21.1
PE 42.8 · Book ₹10.9 · +23% vs bookMarket Cap₹4,692 Cr
Stock P/E42.8Price to Earnings
ROCE7.32%Return on Capital
ROE5.13%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company is almost debt free.
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 34.1% CAGR over last 5 years
- +Company's median sales growth is 50.3% of last 10 years
Weaknesses
- −Promoter holding is low: 27.3%
- −Company has a low return on equity of 4.74% over last 3 years.
- −Earnings include an other income of Rs.99.4 Cr.
- −Promoter holding has decreased over last 3 years: -3.34%
Shareholding Pattern
Promoters27.29%
FIIs5.74%
DIIs0.21%
Public66.3%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 27.43% | 27.43% | 27.36%▼0.1 | 27.36% | 27.36% | 27.28%▼0.1 | 27.29%▲0.0 | 27.29% |
| FIIs | 6.57% | 6.8%▲0.2 | 7.17%▲0.4 | 7.72%▲0.5 | 6.38%▼1.3 | 5.91%▼0.5 | 5.66%▼0.3 | 5.74%▲0.1 |
| DIIs | 0.09% | 0.12%▲0.0 | 0.15%▲0.0 | 0.2%▲0.1 | 0.18%▼0.0 | 0.22%▲0.0 | 0.23%▲0.0 | 0.21%▼0.0 |
| Public | 65.48% | 65.21%▼0.3 | 64.89%▼0.3 | 64.29%▼0.6 | 65.66%▲1.4 | 66.16%▲0.5 | 66.38%▲0.2 | 66.3%▼0.1 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 739 | 860 | 665 | 682 | 903 | 953 | 1,098 | 1,156 | 1,842 | 2,248 |
| Expenses | 676 | 794 | 604 | 637 | 875 | 927 | 1,032 | 1,141 | 1,804 | 2,216 |
| Operating Profit | 64 | 66 | 61 | 46 | 28 | 25 | 67 | 15 | 38 | 32 |
| OPM % | 9% | 8% | 9% | 7% | 3% | 3% | 6% | 1% | 2% | 1% |
| Net Profit | 37 | 46 | 40 | 36 | 36 | 45 | 42 | 44 | 59 | 25 |
| EPS ₹ | 0.11 | 0.13 | 0.11 | 0.1 | 0.1 | 0.13 | 0.12 | 0.13 | 0.21 | 0.07 |
AI Insights
Revenue Trend
TTM revenue at ₹6,344Cr, up 70.2% YoY. OPM at 2%.
Debt Position
Borrowings at ₹19Cr. Debt-to-equity ratio: 0.01x. Healthy balance sheet.
Capex Cycle
CWIP at ₹2Cr (0% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0.21% (+0.14pp change). FIIs: 5.74% (-0.37pp change). Promoters hold 27.29%.
Margin & Efficiency
ROCE improving from -1% (Mar 2014) to 7% (Mar 2025). Working capital days: 53.
Valuation
PE 42.8x with 7.32% ROCE. Price is 23% above book value of ₹10.9. Dividend yield: 0%.
Recent Announcements
- Compliances-Reg.24(A)-Annual Secretarial Compliance 14 May - AvenuesAI filed its FY2026 annual secretarial compliance report; no major non-compliances noted.
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 13 May - CARE report for March 2026 rights issue shows ₹699.99 crore utilisation with no deviation.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 24 Apr - AvenuesAI confirms it is not a Large Corporate; outstanding borrowing was nil on March 31, 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Submitted Regulation 74(5) demat confirmation certificate for quarter ended March 31, 2026.
- Intimation - Filing Of Pre-DRHP By Rediff.Com India Limited, A Subsidiary Of Our Company In Relation To Proposed IPO Of Equity Shares 31 Mar - Rediff (AvenuesAI subsidiary) filed Pre-DRHP with SEBI/BSE/NSE for proposed IPO; filing not guaranteed.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse