About Avenuesai Limited
Data last updated: 15 July 2026
Avenuesai Limited is a public limited company based in Gandhinagar, Gujarat, India. It specialises in digital payment solutions, a part of the broader financial services sector. Incorporated on 30 June 2010, the company has been in operation for over 16 years.
Registered with ROC Ahmedabad under CIN L64203GJ2010PLC061366. Listed on BSE: 539807 and NSE: INFIBEAM.
Capital: an authorised share capital of ₹700 Cr and a paid-up capital of ₹314.64 Cr. Formerly known as Infibeam Incorporation Limited and Ninfibeam Incorporation Limited. It is led by directors including Vishal Ajitbhai Mehta and Ajit Champaklal Mehta.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: 28Th Floor Gift Two Building Block No. 56 Road – 5C Zone – 5 Gift City, Gandhinagar, Gujarat, India – 382355.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹8,115.85 Cr, a growth of 103.27% compared to the previous year. The net worth stands at ₹4,977.22 Cr (up 29.49% YoY). Total assets are valued at ₹7,301.93 Cr (up 36.01% YoY).
The company has a workforce of approximately 738 employees as per the latest available data. Its group structure includes 8 subsidiaries.
The company is associated with 7 brands, including Phronetic Ai, Shipdroid, Trustavenue, Resavenue, Billavenue among others. As per MCA filings, the company has open charges of ₹8.5 Cr and satisfied charges of ₹126.79 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ia.ooo.
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EmailLocked
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Registered Address28Th Floor Gift Two Building Block No. 56 Road – 5C Zone – 5 Gift City, Gandhinagar, Gujarat, India – 382355
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IndustryFinancial Services, Digital Payment Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Avenuesai Limited
Avenuesai Limited has undergone 3 name changes throughout its history. The company was previously known as Infibeam Incorporation Limited, Ninfibeam Incorporation Limited, and Avenuesai Limited. The current legal name is Avenuesai Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Avenuesai Limited | Current |
| Infibeam Incorporation Limited | Previous |
| Ninfibeam Incorporation Limited | Previous |
CIN History of Avenuesai Limited
Avenuesai Limited has one previous CIN (Corporate Identification Number): U64203GJ2010PLC061366. The current CIN is L64203GJ2010PLC061366, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L64203GJ2010PLC061366 | Current |
| U64203GJ2010PLC061366 | Previous |
Associated Brands with Avenuesai Limited
Avenuesai Limited operates multiple associated brands including Phronetic AI, Shipdroid, and TrustAvenue. These brands represent Avenuesai Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Develops AI tools for video intelligence, security, and developer platforms. | phronetic.ai | |
| Provides online unsecured business loans to MSMEs to support growth and operations. | trustavenue.com | |
| Offers software for hotel bookings, distribution, and marketing services globally. | resavenue.com | |
| Unified interoperable platform for bill payments, recharges, and collections across India. | billavenue.com | |
| Digital payment solutions and enterprise software platforms are provided. | ia.ooo | |
| Merchant accounting, credit card processing, and payment gateway solutions for businesses | ccavenue.com | |
| Serves as a logistics aggregation platform for e-commerce merchants. | shipdroid.com |
Competitors & Alternatives of Avenuesai Limited
Brands and companies operating in the same space as Avenuesai Limited include Stripe, Shiprocket, Razorpay and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Stripe
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Payment processing and card issuance solutions are provided for businesses. | San Francisco, United States, United States | 2009 |
Shiprocket
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E-commerce tools for shipping, marketing, and financial services are provided. | Gurugram, India, India | 2012 |
Razorpay
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Payment and business banking solutions are provided for enterprises. | Bengaluru, India, India | 2014 |
PayU
|
Online payment processing and credit solutions are provided for businesses. | Amsterdam, Netherlands, Netherlands | 2002 |
InCred
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Financial services are provided, specializing in personal and business loans. | Mumbai, India, India | 2016 |
Flutterwave
|
Provider of payment processing solutions for businesses | San Francisco, United States, United States | 2016 |
Comviva
|
Software platforms for telecommunications, digital payments, and experiences are provided. | Gurugram, India, India | 1999 |
Mintoak
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Digital payments and engagement solutions are offered for MSMEs. | Mumbai, India, India | 2017 |
Pine Labs
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Omnichannel payment solutions, loyalty programs, and business tools are provided. | Noida, India, India | 1998 |
Cashfree Payments
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Payment gateway and payout solutions are provided for business transactions. | Bengaluru, India, India | 2015 |
Business Activity of Avenuesai Limited
Avenuesai Limited is engaged in principal business activities including financial and insurance service and information and communication, with detailed activities including other financial activities, data processing, hosting and related activities; web portal. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
Business activity turnover details for Avenuesai Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Avenuesai Limited
Avenuesai Limited is audited by Shah & Taparia (ICAI peer reviewed, certificate valid till 2027-09-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Shah & Taparia (ICAI peer reviewed, certificate valid till 2027-09-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Avenuesai Limited
Avenuesai Limited is currently managed by 7 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of Avenuesai Limited FY 2026 filings available
Avenuesai Limited reported revenue of ₹8,115.85 Cr (up 103.27% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹8,115.85 Cr | ₹3,992.58 Cr | ₹3,171.09 Cr | ₹1,962.34 Cr | ₹1,293.93 Cr | ₹676.04 Cr | ₹648.09 Cr |
| Other Income | ₹88.99 Cr | ₹73.14 Cr | ₹28.08 Cr | ₹70.73 Cr | ₹10 Cr | ₹10.02 Cr | ₹12.42 Cr |
| Total Income | ₹8,204.84 Cr | ₹4,065.72 Cr | ₹3,199.17 Cr | ₹2,033.07 Cr | ₹1,303.93 Cr | ₹686.06 Cr | ₹660.51 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹129.46 Cr | ₹148.19 Cr | ₹127.54 Cr | ₹107.83 Cr | ₹81.78 Cr | ₹61.53 Cr | ₹62.32 Cr |
| Finance Costs | ₹18.63 Cr | ₹8.28 Cr | ₹2.37 Cr | ₹1.94 Cr | ₹1.93 Cr | ₹3.66 Cr | ₹4.35 Cr |
| Depreciation & Amortisation | ₹76.71 Cr | ₹70.36 Cr | ₹68.78 Cr | ₹61.6 Cr | ₹62.64 Cr | ₹75.06 Cr | ₹91.35 Cr |
| Other Expenses | ₹7,631.23 Cr | ₹3,540.99 Cr | ₹2,790.89 Cr | ₹1,674.92 Cr | ₹1,067.17 Cr | ₹472.66 Cr | ₹432.49 Cr |
| Total Expenses | ₹7,856.03 Cr | ₹3,767.82 Cr | ₹2,989.58 Cr | ₹1,846.29 Cr | ₹1,213.52 Cr | ₹612.91 Cr | ₹590.51 Cr |
| Profit Before Exceptional Items & Tax | ₹348.81 Cr | ₹297.9 Cr | ₹209.59 Cr | ₹186.78 Cr | ₹90.41 Cr | ₹73.15 Cr | ₹70 Cr |
| Exceptional Items | -₹3.35 Cr | ₹4.19 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹8.28 Cr |
| Profit Before Tax | ₹345.46 Cr | ₹302.09 Cr | ₹209.59 Cr | ₹186.78 Cr | ₹90.41 Cr | ₹73.15 Cr | ₹78.28 Cr |
| Total Tax Expense | ₹46.3 Cr | ₹72.17 Cr | ₹51.62 Cr | ₹45.95 Cr | ₹14.71 Cr | ₹11.52 Cr | ₹21.22 Cr |
| Net Profit | ₹294.89 Cr | ₹236.03 Cr | ₹155.95 Cr | ₹136.27 Cr | ₹83.65 Cr | ₹70.25 Cr | ₹108.05 Cr |
| attributable to Owners | ₹279.04 Cr | ₹225.44 Cr | ₹158.13 Cr | ₹139.6 Cr | ₹86.52 Cr | - | ₹107.99 Cr |
| attributable to NCI | ₹15.85 Cr | ₹10.59 Cr | -₹2.18 Cr | -₹3.33 Cr | -₹2.87 Cr | - | ₹7 Lakh |
| Other Comprehensive Income | ₹14.97 Cr | ₹2.41 Cr | ₹5.88 Cr | -₹7.19 Cr | -₹66.65 Cr | ₹0 | -₹7 Lakh |
| Total Comprehensive Income | ₹309.86 Cr | ₹238.44 Cr | ₹161.83 Cr | ₹129.08 Cr | ₹17 Cr | ₹70.25 Cr | ₹107.98 Cr |
| EBITDA (computed) | ₹444.15 Cr | ₹376.54 Cr | ₹280.74 Cr | ₹250.32 Cr | ₹154.98 Cr | ₹151.87 Cr | ₹165.7 Cr |
| Basic EPS | ₹0.94 | ₹0.85 | ₹0.57 | ₹0.51 | ₹0.32 | ₹0.53 | ₹1.63 |
| Diluted EPS | ₹0.93 | ₹0.84 | ₹0.56 | ₹0.50 | ₹0.31 | ₹0.52 | ₹1.62 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹7,301.93 Cr | ₹5,368.72 Cr | ₹5,216.07 Cr | ₹4,104.02 Cr |
| Non-current Assets | ₹3,830.19 Cr | ₹3,492.31 Cr | ₹3,151.93 Cr | ₹2,849.74 Cr |
| Current Assets | ₹3,471.74 Cr | ₹1,876.41 Cr | ₹2,064.14 Cr | ₹1,254.28 Cr |
| Property, Plant & Equipment | ₹350.78 Cr | ₹189.11 Cr | ₹190.49 Cr | ₹195.02 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹114.31 Cr | ₹89.27 Cr | ₹127.97 Cr | ₹65.03 Cr |
| Cash & Equivalents | ₹913.23 Cr | ₹331.33 Cr | ₹707.32 Cr | ₹270.02 Cr |
| Equity (Net Worth) | ₹4,977.22 Cr | ₹3,843.66 Cr | ₹3,455.74 Cr | ₹3,166.46 Cr |
| Equity Share Capital | ₹349.23 Cr | ₹278.95 Cr | ₹278.2 Cr | ₹267.78 Cr |
| Borrowings (Non-current) | ₹266.25 Cr | ₹65.86 Cr | ₹70.6 Cr | ₹0 |
| Borrowings (Current) | ₹132.89 Cr | ₹86.7 Cr | ₹1.12 Cr | ₹0 |
| Total Debt (computed) | ₹399.14 Cr | ₹152.56 Cr | ₹71.72 Cr | ₹0 |
| Current Liabilities | ₹1,728.86 Cr | ₹1,178.27 Cr | ₹1,486.47 Cr | ₹783.48 Cr |
| Total Liabilities | ₹2,324.71 Cr | ₹1,525.06 Cr | ₹1,760.33 Cr | ₹937.56 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹536.53 Cr | ₹72.06 Cr | ₹719.69 Cr | ₹113.02 Cr | ₹122.01 Cr |
| Investing Cash Flow | -₹911.42 Cr | -₹671.57 Cr | -₹460.45 Cr | -₹88.48 Cr | -₹54.81 Cr |
| Financing Cash Flow | ₹956.79 Cr | ₹208.28 Cr | ₹178.06 Cr | ₹36.68 Cr | -₹35.81 Cr |
| Capital Expenditure | ₹340.78 Cr | ₹376.41 Cr | ₹291.85 Cr | ₹62.68 Cr | ₹42.07 Cr |
| Free Cash Flow (computed) | ₹195.75 Cr | -₹304.35 Cr | ₹427.84 Cr | ₹50.34 Cr | ₹79.94 Cr |
| Dividends Paid | ₹1 Lakh | ₹13.84 Cr | ₹13.34 Cr | -₹1 Lakh | ₹13.25 Cr |
| Net Change in Cash | ₹581.9 Cr | -₹391.23 Cr | ₹437.3 Cr | ₹61.22 Cr | ₹31.39 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2,489.54 Cr | ₹2,381.19 Cr | ₹1,964.91 Cr | ₹1,280.21 Cr | ₹1,160.52 Cr | ₹1,070.35 Cr | ₹1,016.65 Cr | ₹752.75 Cr | ₹726.85 Cr | ₹911.96 Cr | ₹789.93 Cr | ₹742.36 Cr |
| Other Income | ₹25.43 Cr | ₹16.21 Cr | ₹21.06 Cr | ₹26.3 Cr | ₹19.94 Cr | ₹23.2 Cr | ₹3.54 Cr | ₹27.91 Cr | ₹16.22 Cr | ₹6.37 Cr | ₹2.67 Cr | ₹2.82 Cr |
| Total Income | ₹2,514.97 Cr | ₹2,397.4 Cr | ₹1,985.97 Cr | ₹1,306.51 Cr | ₹1,180.46 Cr | ₹1,093.55 Cr | ₹1,020.19 Cr | ₹780.66 Cr | ₹743.07 Cr | ₹918.33 Cr | ₹792.6 Cr | ₹745.18 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹29.46 Cr | ₹26.76 Cr | ₹34.12 Cr | ₹39.12 Cr | ₹39.06 Cr | ₹40.21 Cr | ₹34.59 Cr | ₹36.2 Cr | ₹31.5 Cr | ₹32.92 Cr | ₹32.86 Cr | ₹30.26 Cr |
| Finance Costs | ₹9.9 Cr | ₹3.13 Cr | ₹3.17 Cr | ₹2.43 Cr | ₹3.23 Cr | ₹2.08 Cr | ₹1.74 Cr | ₹1.22 Cr | ₹78 Lakh | ₹43 Lakh | ₹53 Lakh | ₹63 Lakh |
| Depreciation & Amortisation | ₹21.79 Cr | ₹18.5 Cr | ₹18.76 Cr | ₹17.67 Cr | ₹17.85 Cr | ₹18.93 Cr | ₹17.11 Cr | ₹17 Cr | ₹17.86 Cr | ₹17.35 Cr | ₹17.11 Cr | ₹16.47 Cr |
| Other Expenses | ₹2,367.68 Cr | ₹2,258.9 Cr | ₹1,834.56 Cr | ₹1,170.1 Cr | ₹1,043.72 Cr | ₹951.92 Cr | ₹903.69 Cr | ₹648.31 Cr | ₹629.25 Cr | ₹811.49 Cr | ₹686.86 Cr | ₹663.27 Cr |
| Total Expenses | ₹2,428.83 Cr | ₹2,307.29 Cr | ₹1,890.61 Cr | ₹1,229.32 Cr | ₹1,103.86 Cr | ₹1,013.14 Cr | ₹957.13 Cr | ₹702.73 Cr | ₹679.39 Cr | ₹862.19 Cr | ₹737.36 Cr | ₹710.63 Cr |
| Profit Before Exceptional Items & Tax | ₹86.14 Cr | ₹90.11 Cr | ₹95.36 Cr | ₹77.19 Cr | ₹76.6 Cr | ₹80.41 Cr | ₹63.06 Cr | ₹77.93 Cr | ₹63.68 Cr | ₹56.14 Cr | ₹55.24 Cr | ₹34.55 Cr |
| Exceptional Items | -₹11 Lakh | -₹3.24 Cr | ₹0 | ₹0 | ₹4.19 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹86.03 Cr | ₹86.87 Cr | ₹95.36 Cr | ₹77.19 Cr | ₹80.79 Cr | ₹80.41 Cr | ₹63.06 Cr | ₹77.93 Cr | ₹63.68 Cr | ₹56.14 Cr | ₹55.24 Cr | ₹34.55 Cr |
| Total Tax Expense | -₹4.26 Cr | ₹8.93 Cr | ₹21.17 Cr | ₹20.46 Cr | ₹23.52 Cr | ₹19.91 Cr | ₹14.97 Cr | ₹13.73 Cr | ₹12.85 Cr | ₹14.38 Cr | ₹14.7 Cr | ₹9.7 Cr |
| Net Profit | ₹88.96 Cr | ₹79.84 Cr | ₹67.65 Cr | ₹58.43 Cr | ₹54.68 Cr | ₹64.4 Cr | ₹47.47 Cr | ₹69.63 Cr | ₹49.24 Cr | ₹40.8 Cr | ₹40.46 Cr | ₹25.46 Cr |
| attributable to Owners | ₹79.38 Cr | ₹71.88 Cr | ₹66.52 Cr | ₹61.25 Cr | ₹49.1 Cr | ₹62.4 Cr | ₹44.07 Cr | ₹70.02 Cr | ₹49.67 Cr | ₹41.44 Cr | ₹40.98 Cr | ₹26.06 Cr |
| attributable to NCI | ₹9.58 Cr | ₹7.96 Cr | ₹1.13 Cr | -₹2.82 Cr | ₹5.58 Cr | ₹2 Cr | ₹3.4 Cr | -₹39 Lakh | -₹43 Lakh | -₹64 Lakh | -₹52 Lakh | -₹60 Lakh |
| Other Comprehensive Income | ₹16.45 Cr | -₹1.22 Cr | ₹8 Lakh | -₹34 Lakh | ₹9.65 Cr | ₹1.19 Cr | -₹7 Lakh | -₹8.35 Cr | -₹3.12 Cr | ₹7.19 Cr | ₹68 Lakh | ₹1.14 Cr |
| Total Comprehensive Income | ₹105.41 Cr | ₹78.62 Cr | ₹67.73 Cr | ₹58.09 Cr | ₹64.33 Cr | ₹65.59 Cr | ₹47.4 Cr | ₹61.28 Cr | ₹46.12 Cr | ₹47.99 Cr | ₹41.14 Cr | ₹26.6 Cr |
| EBITDA (computed) | ₹117.83 Cr | ₹111.74 Cr | ₹117.29 Cr | ₹97.29 Cr | ₹97.68 Cr | ₹101.42 Cr | ₹81.91 Cr | ₹96.15 Cr | ₹82.32 Cr | ₹73.92 Cr | ₹72.88 Cr | ₹51.65 Cr |
| Basic EPS | ₹0.28 | ₹0.26 | ₹0.23 | ₹0.21 | ₹0.20 | ₹0.23 | ₹0.17 | ₹0.25 | ₹0.18 | ₹0.15 | ₹0.15 | ₹0.09 |
| Diluted EPS | ₹0.28 | ₹0.26 | ₹0.23 | ₹0.21 | ₹0.19 | ₹0.23 | ₹0.17 | ₹0.25 | ₹0.18 | ₹0.15 | ₹0.15 | ₹0.09 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Payment Business | ₹2,438.52 Cr | ₹53.99 Cr | ₹5,175.06 Cr | ₹1,810.4 Cr |
| E-Commerce Platform Business | ₹51.02 Cr | ₹24.5 Cr | ₹1,588.27 Cr | ₹498.83 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Payment Business | ₹7,888.39 Cr | ₹202.97 Cr | - | - |
| E-Commerce Platform Business | ₹227.46 Cr | ₹124.1 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹7,584.68 Cr | ₹3,726.51 Cr | ₹2,963.21 Cr | ₹1,787.29 Cr | ₹1,167.48 Cr | ₹576.7 Cr | ₹586.36 Cr |
| Other Income | ₹42.51 Cr | ₹48.1 Cr | ₹21.95 Cr | ₹63.84 Cr | ₹8.11 Cr | ₹9.14 Cr | ₹9.03 Cr |
| Total Income | ₹7,627.19 Cr | ₹3,774.61 Cr | ₹2,985.16 Cr | ₹1,851.13 Cr | ₹1,175.59 Cr | ₹585.84 Cr | ₹595.39 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹61.39 Cr | ₹106.77 Cr | ₹94.26 Cr | ₹80.2 Cr | ₹63.4 Cr | ₹48.95 Cr | ₹49.19 Cr |
| Finance Costs | ₹5.43 Cr | ₹6.48 Cr | ₹2.36 Cr | ₹1.92 Cr | ₹1.88 Cr | ₹3.55 Cr | ₹4.22 Cr |
| Depreciation & Amortisation | ₹24.15 Cr | ₹53.5 Cr | ₹60.85 Cr | ₹55.82 Cr | ₹58.65 Cr | ₹68.88 Cr | ₹74.98 Cr |
| Other Expenses | ₹7,411.71 Cr | ₹3,384.83 Cr | ₹2,628.67 Cr | ₹1,531.69 Cr | ₹967.12 Cr | ₹404.02 Cr | ₹407.15 Cr |
| Total Expenses | ₹7,502.68 Cr | ₹3,551.58 Cr | ₹2,786.14 Cr | ₹1,669.63 Cr | ₹1,091.05 Cr | ₹525.4 Cr | ₹535.54 Cr |
| Profit Before Exceptional Items & Tax | ₹124.51 Cr | ₹223.03 Cr | ₹199.02 Cr | ₹181.5 Cr | ₹84.54 Cr | ₹60.44 Cr | ₹59.85 Cr |
| Exceptional Items | -₹20 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹124.31 Cr | ₹223.03 Cr | ₹199.02 Cr | ₹181.5 Cr | ₹84.54 Cr | ₹60.44 Cr | ₹59.85 Cr |
| Total Tax Expense | ₹30.76 Cr | ₹63.03 Cr | ₹51.4 Cr | ₹46.01 Cr | ₹14.68 Cr | ₹11.05 Cr | ₹21.26 Cr |
| Net Profit | ₹153.47 Cr | ₹160 Cr | ₹147.62 Cr | ₹135.49 Cr | ₹69.86 Cr | ₹49.39 Cr | ₹38.59 Cr |
| Other Comprehensive Income | ₹16.19 Cr | ₹3.77 Cr | ₹1.89 Cr | ₹5.37 Cr | -₹22.33 Cr | ₹21 Lakh | -₹12 Lakh |
| Total Comprehensive Income | ₹169.66 Cr | ₹163.77 Cr | ₹149.51 Cr | ₹140.86 Cr | ₹47.53 Cr | ₹49.6 Cr | ₹38.47 Cr |
| EBITDA (computed) | ₹154.09 Cr | ₹283.01 Cr | ₹262.23 Cr | ₹239.24 Cr | ₹145.07 Cr | ₹132.87 Cr | ₹139.05 Cr |
| Basic EPS | ₹0.30 | ₹0.58 | ₹0.54 | ₹0.51 | ₹0.26 | ₹0.37 | ₹0.58 |
| Diluted EPS | ₹0.30 | ₹0.57 | ₹0.53 | ₹0.50 | ₹0.26 | ₹0.37 | ₹0.58 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹5,840.03 Cr | ₹4,504.17 Cr | ₹4,715.12 Cr | ₹3,817.31 Cr |
| Non-current Assets | ₹3,383.9 Cr | ₹2,800.84 Cr | ₹2,894.07 Cr | ₹2,800.31 Cr |
| Current Assets | ₹2,456.13 Cr | ₹1,703.33 Cr | ₹1,821.05 Cr | ₹1,017 Cr |
| Property, Plant & Equipment | ₹38.05 Cr | ₹50.4 Cr | ₹186.59 Cr | ₹191.42 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹67.15 Cr | ₹91.84 Cr | ₹122.56 Cr | ₹53.63 Cr |
| Cash & Equivalents | ₹599.06 Cr | ₹252.62 Cr | ₹597.56 Cr | ₹167.22 Cr |
| Equity (Net Worth) | ₹4,203.2 Cr | ₹3,343.21 Cr | ₹3,232.97 Cr | ₹2,959.41 Cr |
| Equity Share Capital | ₹349.23 Cr | ₹278.95 Cr | ₹278.2 Cr | ₹267.78 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹0 |
| Current Liabilities | ₹1,362.02 Cr | ₹906.19 Cr | ₹1,299 Cr | ₹723.48 Cr |
| Total Liabilities | ₹1,636.83 Cr | ₹1,160.96 Cr | ₹1,482.15 Cr | ₹857.9 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹582.77 Cr | ₹23.43 Cr | ₹605.18 Cr | ₹178.37 Cr | ₹101.67 Cr |
| Investing Cash Flow | -₹916.11 Cr | -₹349.27 Cr | -₹281.19 Cr | -₹155.84 Cr | -₹68.2 Cr |
| Financing Cash Flow | ₹679.78 Cr | -₹17.55 Cr | ₹106.35 Cr | ₹36.91 Cr | -₹35.63 Cr |
| Capital Expenditure | ₹29.58 Cr | ₹9.69 Cr | ₹22.09 Cr | ₹23.06 Cr | ₹41.26 Cr |
| Free Cash Flow (computed) | ₹553.19 Cr | ₹13.74 Cr | ₹583.09 Cr | ₹155.31 Cr | ₹60.41 Cr |
| Dividends Paid | ₹1 Lakh | ₹13.84 Cr | ₹13.34 Cr | -₹1 Lakh | ₹13.25 Cr |
| Net Change in Cash | ₹346.44 Cr | -₹343.39 Cr | ₹430.34 Cr | ₹59.44 Cr | -₹2.16 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2,339.09 Cr | ₹2,247.86 Cr | ₹1,841.73 Cr | ₹1,198.42 Cr | ₹1,098.43 Cr | ₹1,001.34 Cr | ₹944.51 Cr | ₹682.83 Cr | ₹665.75 Cr | ₹860.26 Cr | ₹739.91 Cr | ₹697.29 Cr |
| Other Income | ₹14.37 Cr | ₹9.89 Cr | ₹11.12 Cr | ₹20.5 Cr | ₹11.53 Cr | ₹14.47 Cr | ₹4.83 Cr | ₹18.8 Cr | ₹11.44 Cr | ₹5.8 Cr | ₹2.47 Cr | ₹2.24 Cr |
| Total Income | ₹2,353.46 Cr | ₹2,257.75 Cr | ₹1,852.85 Cr | ₹1,218.92 Cr | ₹1,109.96 Cr | ₹1,015.81 Cr | ₹949.34 Cr | ₹701.63 Cr | ₹677.19 Cr | ₹866.06 Cr | ₹742.38 Cr | ₹699.53 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹10.62 Cr | ₹10.47 Cr | ₹17.68 Cr | ₹26.55 Cr | ₹24.74 Cr | ₹27.11 Cr | ₹27.5 Cr | ₹27.45 Cr | ₹23.13 Cr | ₹24.61 Cr | ₹24.4 Cr | ₹22.12 Cr |
| Finance Costs | ₹1.49 Cr | ₹1.2 Cr | ₹1.74 Cr | ₹99 Lakh | ₹2.33 Cr | ₹1.43 Cr | ₹1.5 Cr | ₹1.22 Cr | ₹78 Lakh | ₹43 Lakh | ₹53 Lakh | ₹63 Lakh |
| Depreciation & Amortisation | ₹6.11 Cr | ₹6.11 Cr | ₹6.43 Cr | ₹9.09 Cr | ₹13.49 Cr | ₹13.73 Cr | ₹13.25 Cr | ₹15.09 Cr | ₹15.81 Cr | ₹15.32 Cr | ₹15.05 Cr | ₹14.67 Cr |
| Other Expenses | ₹2,302.04 Cr | ₹2,205.42 Cr | ₹1,786.28 Cr | ₹1,121.32 Cr | ₹1,006.78 Cr | ₹910.6 Cr | ₹858.3 Cr | ₹609.08 Cr | ₹581.75 Cr | ₹769.96 Cr | ₹652.19 Cr | ₹624.76 Cr |
| Total Expenses | ₹2,320.26 Cr | ₹2,223.2 Cr | ₹1,812.13 Cr | ₹1,157.95 Cr | ₹1,047.34 Cr | ₹952.87 Cr | ₹900.55 Cr | ₹652.84 Cr | ₹621.47 Cr | ₹810.32 Cr | ₹692.17 Cr | ₹662.18 Cr |
| Profit Before Exceptional Items & Tax | ₹33.2 Cr | ₹34.55 Cr | ₹40.72 Cr | ₹60.97 Cr | ₹62.62 Cr | ₹62.94 Cr | ₹48.79 Cr | ₹48.79 Cr | ₹55.72 Cr | ₹55.74 Cr | ₹50.21 Cr | ₹37.35 Cr |
| Exceptional Items | ₹0 | -₹20 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹33.2 Cr | ₹34.35 Cr | ₹40.72 Cr | ₹60.97 Cr | ₹62.62 Cr | ₹62.94 Cr | ₹48.79 Cr | ₹48.79 Cr | ₹55.72 Cr | ₹55.74 Cr | ₹50.21 Cr | ₹37.35 Cr |
| Total Tax Expense | ₹6.68 Cr | ₹9.78 Cr | ₹9.75 Cr | ₹17.28 Cr | ₹20.32 Cr | ₹17.64 Cr | ₹12.64 Cr | ₹12.38 Cr | ₹12.92 Cr | ₹14.25 Cr | ₹14.65 Cr | ₹9.58 Cr |
| Net Profit | ₹26.52 Cr | ₹24.57 Cr | ₹58.71 Cr | ₹43.69 Cr | ₹42.3 Cr | ₹45.3 Cr | ₹36.15 Cr | ₹36.41 Cr | ₹42.8 Cr | ₹41.49 Cr | ₹35.56 Cr | ₹27.77 Cr |
| Other Comprehensive Income | ₹17.14 Cr | -₹70 Lakh | -₹13 Lakh | -₹13 Lakh | ₹12.06 Cr | ₹0 | -₹25 Lakh | -₹8.03 Cr | ₹21 Lakh | ₹1.04 Cr | ₹17 Lakh | ₹49 Lakh |
| Total Comprehensive Income | ₹43.66 Cr | ₹23.87 Cr | ₹58.58 Cr | ₹43.56 Cr | ₹54.36 Cr | ₹45.3 Cr | ₹35.9 Cr | ₹28.38 Cr | ₹43.01 Cr | ₹42.53 Cr | ₹35.73 Cr | ₹28.26 Cr |
| EBITDA (computed) | ₹40.8 Cr | ₹41.86 Cr | ₹48.89 Cr | ₹71.05 Cr | ₹78.44 Cr | ₹78.1 Cr | ₹63.54 Cr | ₹65.1 Cr | ₹72.31 Cr | ₹71.49 Cr | ₹65.79 Cr | ₹52.65 Cr |
| Basic EPS | ₹0.08 | ₹0.08 | ₹0.11 | ₹0.16 | ₹0.15 | ₹0.16 | ₹0.13 | ₹0.13 | ₹0.16 | ₹0.15 | ₹0.13 | ₹0.10 |
| Diluted EPS | ₹0.08 | ₹0.08 | ₹0.10 | ₹0.15 | ₹0.15 | ₹0.16 | ₹0.13 | ₹0.13 | ₹0.15 | ₹0.15 | ₹0.13 | ₹0.10 |
| Segment · Q1 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Payment Business | ₹1,156.01 Cr | ₹26.1 Cr | ₹3,439.05 Cr | ₹1,142.47 Cr |
| E-Commerce Platform Business | ₹42.41 Cr | ₹44.9 Cr | ₹1,270.11 Cr | ₹260.29 Cr |
| Segment · FY 2025 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Payment Business | ₹3,546.34 Cr | ₹86.09 Cr | - | - |
| E-Commerce Platform Business | ₹180.17 Cr | ₹108.76 Cr | - | - |
Shareholding Pattern of Avenuesai Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 27.29%, foreign institutional investors hold 5.75%, domestic institutional investors hold 0.22%, retail and other public shareholders hold 66.31% of Avenuesai Limited. The company had 728,580 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jul 2025 | Jun 2025 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Promoters | 27.29% | 27.29% | 27.27% | 27.33% | 27.36% | 27.36% |
| Public | 72.27% | 72.27% | 72.29% | 72.23% | 72.20% | 72.20% |
| Employee Trusts | 0.44% | 0.44% | 0.44% | 0.44% | 0.44% | 0.44% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 27.29% | 27.36% | 27.43% | 30.63% | 30.92% | 31.90% | 32.33% | 38.22% | 45.63% | 44.84% | 45.52% |
| Public | 72.27% | 72.20% | 72.13% | 68.92% | 68.66% | 67.68% | 67.25% | 61.36% | 54.05% | 55.16% | 54.48% |
| Employee Trusts | 0.44% | 0.44% | 0.44% | 0.46% | 0.42% | 0.42% | 0.42% | 0.42% | 0.32% | 0.00% | 0.00% |
| Promoter change (YoY, %pts) | -0.07 | -0.07 | -3.20 | -0.29 | -0.98 | -0.43 | -5.89 | -7.41 | +0.79 | -0.68 | - |
Board & Governance of Avenuesai Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Avenuesai Limited has 7 directors - 4 independent and 2 executive. The board is chaired by Vishal Ajitbhai Mehta.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Ajit Champaklal Mehta | Non-Executive - Non Independent Director | 2010-06-30 | 1 |
| Vishal Ajitbhai Mehta | Executive Director · MD · Chairperson | 2010-06-30 | 2 |
| Vishwas Ambalal Patel | Executive Director · CEO-MD | 2018-02-14 | 1 |
| Piyushkumar Mithileshkumar Sinha | Non-Executive - Independent Director | 2018-02-14 | 2 |
| Narayanan Sadanandan | Non-Executive - Independent Director | 2024-07-09 | 4 |
| Girija Krishan Varma | Non-Executive - Independent Director | 2025-03-06 | 1 |
| Neharika Vohra | Non-Executive - Independent Director | 2025-12-11 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Piyushkumar Mithileshkumar Sinha (Chairperson), Vishal Ajitbhai Mehta, Girija Krishan Varma |
| Nomination and remuneration committee | Piyushkumar Mithileshkumar Sinha (Chairperson), Ajit Champaklal Mehta, Girija Krishan Varma |
| Stakeholders Relationship Committee | Ajit Champaklal Mehta (Chairperson), Piyushkumar Mithileshkumar Sinha, Narayanan Sadanandan |
| Risk Management Committee | Vishal Ajitbhai Mehta (Chairperson), Ajit Champaklal Mehta, Piyushkumar Mithileshkumar Sinha, Sunil Bhagat |
| Corporate Social Responsibility Committee | Vishal Ajitbhai Mehta (Chairperson), Piyushkumar Mithileshkumar Sinha, Vishwas Ambalal Patel |
| Rights Issue Committee | Piyushkumar Mithileshkumar Sinha (Chairperson), Vishal Ajitbhai Mehta, Vishwas Ambalal Patel, Narayanan Sadanandan |
Group Structure of Avenuesai Limited
Avenuesai Limited has 8 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Avenuesai Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Infibeam Logistics Private Limited | U63090GJ2013PTC074135 | - |
| So Hum Bharat Digital Payments Private Limited | U67100MH2020PTC339627 | - |
| Infibeam Projects Management Private Limited | U70109GJ2022PTC129384 | - |
| Infibeam Digital Entertainment Private Limited | U72200GJ2012PTC070882 | - |
| Odigma Consultancy Solutions Limited | U72900GJ2011PLC131548 | - |
| Uvik Technologies Private Limited | U72900KA2019PTC126204 | - |
Showing major subsidiaries. Total: 8.
Charges & Borrowings of Avenuesai Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2021 | Others | ₹8.5 Cr | Open |
| 21 Mar 2022 | Karnataka Bank Ltd. | ₹30 Lakh | Satisfied |
| 05 Dec 2018 | Others | ₹45 Cr | Satisfied |
| 21 Jun 2018 | Hdfc Bank Limited | ₹15.05 Cr | Satisfied |
| 04 Apr 2018 | Others | ₹6.39 Cr | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Avenuesai Limited
Avenuesai Limited has a workforce of 738 employees as of Apr 08, 2024.
Employee and EPFO history for Avenuesai Limited
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GST Compliance of Avenuesai Limited
GST registrations and filing compliance for Avenuesai Limited
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Credit Ratings, Litigation & Regulatory Alerts for Avenuesai Limited
Credit ratings, litigation, and regulatory alerts for Avenuesai Limited
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MSME Payment Delays by Avenuesai Limited
MSME payment history for Avenuesai Limited
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Subsidiaries & Group Companies of Avenuesai Limited
Corporate group structure for Avenuesai Limited
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MCA Filings & Documents of Avenuesai Limited
MCA filings and documents for Avenuesai Limited
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Recent Activity on Avenuesai Limited
Recent News on Avenuesai Limited
Frequently Asked Questions about Avenuesai Limited
Avenuesai Limited is an active public limited company in the financial services sector based in Gandhinagar, Gujarat, India. It was incorporated on 30 June 2010 (16+ years old) and is registered under CIN L64203GJ2010PLC061366. Listed on BSE: 539807 and NSE: INFIBEAM. The company has 738 employees.
Avenuesai Limited reported revenue of ₹8,115.85 Cr for FY 2026 (up 103.27% YoY) based on consolidated NSE filings.
The current directors of Avenuesai Limited are:
- Vishal Ajitbhai Mehta - Managing Director
- Ajit Champaklal Mehta - Director
- Vishwas Ambalal Patel - Managing Director
- Piyushkumar Mithileshkumar Sinha - Director
- Girija Krishan Varma - Director
- Narayanan Sadanandan - Director
- Neharika Vohra - Director
The primary industry of Avenuesai Limited is financial services. The company specifically operates in digital payment solutions. The company is currently active in this sector.
Yes. Avenuesai Limited is listed on both BSE (code: 539807) and NSE (symbol: INFIBEAM).
Avenuesai Limited can be reached at the registered office: 28Th Floor Gift Two Building Block No. 56 Road – 5C Zone – 5 Gift City, Gandhinagar, Gujarat, India – 382355, or through the website ia.ooo.