AvenuesAI Ltd logo

AvenuesAI Ltd

CCAVENUE NSE

Key Fundamentals

MicrocapFintechFinancial Services
Market Cap
₹5,267 Cr
Volatility
Moderate
P/E Ratio
16.76
EBITDA
₹348 Cr
Return on Equity
6.14%
Debt to Equity
0.09
Book Value
₹13.6
52W High
₹20.5
52W Low
₹12.92

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view AvenuesAI Ltd insights

46 extracted metrics + investor summaries across FY15–FY26.

Log in — free

Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

5
  • Company is almost debt free.
  • Stock is trading at 1.12 times its book value
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 31.3% CAGR over last 5 years
  • Company's median sales growth is 44.9% of last 10 years

Weaknesses

5
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 27.3%
  • Tax rate seems low
  • Company has a low return on equity of 6.05% over last 3 years.
  • Promoter holding has decreased over last 3 years: -3.34%

Growth Rate

Revenue Growth
99.62% ↗
Net Income Growth
24.95% ↗
Cash Flow Change
-90.11% ↘
ROE
33.48% ↗
ROCE
31.76% ↗
EBITDA Margin (Avg.)
-54.21% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 18d ago
AI opinion · based on fundamentals
Risk medium

AvenuesAI Ltd (CCAvenue) is a near debt-free fintech company with a market cap of ₹5,571 Cr trading at a PE of 18.8x and 1.18x book value. The company has demonstrated strong revenue growth (61% CAGR over 3 years) and profit growth (31% CAGR over 5 years), but returns on equity remain subdued at 6-7% and promoter holding has been declining.

Bull Case 8
  • Company is almost debt free, providing significant financial flexibility and low interest burden
  • Compounded sales growth of 61% CAGR over 3 years and 103% TTM growth indicates strong revenue momentum
  • Compounded profit growth of 31% CAGR over 5 years demonstrates consistent earnings expansion
  • Stock trades at 1.18x book value, which is modest for a fintech company with high growth rates
  • PE ratio of 18.8x is reasonable relative to the 30% profit CAGR delivered over 3 years, implying a PEG below 1
  • Median sales growth of 44.9% over the last 10 years shows a long track record of topline expansion
  • 10-year compounded profit growth of 41% CAGR reflects durable long-term earnings scalability
  • Company is expected to deliver a good upcoming quarter based on available estimates
Bear Case 7
  • Return on equity is only 6.05% over 3 years and 7% last year, poor capital efficiency for a fintech at this growth stage
  • Promoter holding is low at 27.3% and has declined by 3.34% over the last 3 years, raising governance and alignment concerns
  • Despite repeated profitability, the company pays negligible dividends (yield of just 0.31%), limiting shareholder returns
  • Stock price CAGR of -3% over 5 years and just 1% over 10 years shows the market has not rewarded shareholders despite profit growth
  • Tax rate appears low, which may indicate reliance on tax benefits that could normalize and compress future earnings
  • Wide disconnect between profit growth (31% CAGR over 5 years) and stock return (-3% over 5 years) suggests possible earnings quality or capital allocation issues
  • ROE has remained in the 5-6% band over 5 and 10 year periods, indicating structurally low return generation on retained capital

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 15d ago
Positives 1
  • RBI approval for prepaid payments Jul 24

    AvenuesAI received RBI approval to launch a payment system for prepaid instruments, enabling it to formally operate in India's prepaid payments segment under regulatory oversight.

TL;DR: AvenuesAI secured a key regulatory milestone with RBI approval for prepaid instrument operations, signaling expansion in digital payments. No headwinds are visible from recent news. The approval positions the company for growth in the prepaid segment, though execution and competitive dynamics remain to be seen.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
742
787
907
716
745
1,017
1,070
1,161
1,280
1,965
2,381
2,490
2,680
Expenses
694
717
842
650
676
939
992
1,085
1,209
1,875
2,286
2,398
2,580
Operating Profit
49
70
65
67
69
78
78
75
71
90
96
91
100
OPM %
7%
9%
7%
9%
9%
8%
7%
6%
6%
4.6%
4%
3.7%
3.7%
Other Income
3
2
6
14
32
4
27
24
28
21
15
25
30
Interest
1
1
0
1
1
2
2
3
2
3
3
10
10
Depreciation
16
17
17
17
16
17
19
18
18
19
18
22
34
PBT
35
55
54
62
83
62
84
78
79
89
89
85
87
Tax %
28%
27%
21%
26%
17%
24%
24%
30%
26%
24%
10%
-5%
2%
Net Profit
25
41
43
46
69
47
64
55
58
68
80
89
85
EPS in Rs
0.08
0.12
0.13
0.13
0.2
0.13
0.18
0.14
0.18
0.24
0.21
0.23
0.22
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
288
337
441
839
1,159
633
676
1,294
1,962
3,150
3,993
8,116
9,516
Expenses
291
315
375
683
983
482
534
1,149
1,787
2,898
3,676
7,765
9,140
Operating Profit
-2
22
67
156
176
151
142
145
175
252
316
351
376
OPM %
-0.8%
7%
15%
19%
15%
24%
21%
11%
9%
8%
8%
4.3%
4%
Other Income
7
5
16
31
66
70
19
18
71
25
71
86
92
Interest
1
1
4
6
6
4
4
2
2
3
9
19
26
Depreciation
13
18
22
66
82
87
75
63
62
67
70
77
93
PBT
-10
9
56
115
153
130
82
98
182
208
308
341
349
Tax %
0%
-1%
23%
23%
18%
17%
14%
15%
25%
25%
23%
14%
—
Net Profit
-11
9
44
88
126
108
70
84
136
156
236
295
321
EPS in Rs
-0.05
0.04
0.16
0.32
0.38
0.32
0.22
0.26
0.42
0.45
0.65
0.8
0.9
Div. Payout %
0%
0%
0%
3%
0%
6%
9%
15%
10%
9%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
43
53
54
54
66
66
133
268
268
278
279
349
Reserves
170
610
729
2,572
2,671
2,737
2,755
2,690
2,898
3,110
3,457
4,397
Borrowings
5
6
136
67
40
26
20
0
8
83
172
430
Other Liabilities
50
81
124
275
396
300
642
896
930
1,670
1,461
2,126
Total Liabilities
268
750
1,043
2,968
3,174
3,130
3,550
3,854
4,104
5,142
5,369
7,302
Fixed Assets
51
67
90
2,115
2,102
2,126
2,101
2,080
2,143
2,125
2,275
3,104
CWIP
26
19
121
60
32
0
16
146
74
311
448
1
Investments
0
0
60
27
102
392
457
394
461
543
485
814
Other Assets
191
664
772
768
938
612
976
1,234
1,425
2,163
2,161
3,384
Total Assets
268
750
1,043
2,968
3,174
3,130
3,550
3,854
4,104
5,142
5,369
7,302
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
-21
24
59
97
308
22
155
122
113
728
72
537
Investing
-91
-3
-558
20
-280
-42
-55
-55
-88
-448
-644
-911
Financing
123
440
162
-97
-54
-26
-9
-36
37
178
208
957
Net Cash Flow
11
461
-338
20
-27
-45
91
31
61
458
-364
582
Free Cash Flow
-71
12
-171
-90
159
-19
72
80
52
437
-304
196
CFO/OP
701
127
97
72
188
27
118
117
55
273
14
153
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
42
52
46
48
8
31
39
23
12
13
8
5
Inventory Days
20
37
13
15
0
—
—
—
—
—
—
—
Days Payable
50
43
23
32
—
—
—
—
—
—
—
—
Cash Conversion Cycle
12
46
36
31
8
31
39
23
12
13
8
5
Working Capital Days
11
21
58
48
96
79
52
22
30
-19
33
37
ROCE %
-5%
2%
8%
7%
4%
5%
3%
3%
6%
6%
9%
8%

Shareholding Pattern

As of Jun 2026
Public 38.41%
Others 28.21%
Promoters 27.29%
FIIs 5.92%
DIIs 0.17%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Oct 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Jul 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
31.90%
31.09%
31.07%
31.07%
30.64%
30.64%
30.64%
30.64%
30.63%
30.63%
29.13%
28.13%
28.13%
27.43%
27.43%
27.43%
27.36%
27.36%
27.36%
27.33%
27.27%
27.29%
27.29%
27.29%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
7.51%
6.56%
6.80%
7.17%
7.72%
6.38%
6.78%
5.92%
5.67%
5.75%
5.92%
DIIs
0.00%
0.03%
0.03%
0.03%
0.04%
0.04%
0.05%
0.06%
0.07%
0.07%
0.08%
0.08%
0.10%
0.08%
0.09%
0.12%
0.15%
0.20%
0.18%
0.18%
0.22%
0.23%
0.22%
0.17%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
44.11%
44.53%
44.89%
44.90%
45.21%
45.37%
30.17%
31.26%
31.21%
31.75%
32.09%
30.95%
32.07%
36.68%
37.36%
37.80%
37.75%
38.16%
40.26%
39.04%
39.18%
38.13%
36.93%
38.41%
Others
23.99%
24.35%
24.01%
24.00%
24.11%
23.94%
39.15%
38.04%
38.10%
37.56%
38.71%
40.84%
39.71%
28.30%
28.55%
27.85%
27.57%
26.57%
25.82%
26.67%
27.41%
28.69%
29.82%
28.21%
No. of Shareholders
56,832
1,41,945
1,68,839
1,80,356
2,00,068
2,23,335
2,31,277
2,40,992
2,41,947
2,79,607
4,66,698
4,94,315
5,06,308
8,87,893
8,37,198
8,29,167
7,95,632
7,82,142
7,82,901
7,90,806
7,80,592
7,52,622
7,28,580
7,21,157

Documents

Frequently Asked Questions about AvenuesAI Ltd

What does AvenuesAI Ltd do?
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]
Where is AvenuesAI Ltd (CCAVENUE) listed?
AvenuesAI Ltd is listed on the Indian stock exchanges. It is listed on NSE: CCAVENUE and BSE: 539807. You can view its live share price, financials, and ratios on Tapetide.
Which sector does AvenuesAI Ltd belong to?
AvenuesAI Ltd operates in the Financial Services sector within the Fintech industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of AvenuesAI Ltd?
AvenuesAI Ltd has a market capitalisation of approximately ₹5267.23 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of AvenuesAI Ltd?
The Price-to-Earnings (PE) ratio of AvenuesAI Ltd is 16.76. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of AvenuesAI Ltd?
Over the past 52 weeks, AvenuesAI Ltd has traded between a low of ₹12.92 and a high of ₹20.5. This range helps investors understand the stock's price volatility and recent trading levels.
Does AvenuesAI Ltd pay dividends?
Yes, AvenuesAI Ltd has a dividend yield of 0.33%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of AvenuesAI Ltd?
AvenuesAI Ltd has a Return on Equity (ROE) of 6.14%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research AvenuesAI Ltd on Tapetide?
On Tapetide, you can view AvenuesAI Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

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]

Website ia.ooo
CEO Mr. Vishwas Ambalal Patel
Employees 764
Listed 2016-04-04
Face Value ₹ 1
Issued Size 3,47,70,43,839

Explore More

More in Financial Services → FII DII Data Stock Screener Nifty 50 Heatmap F&O Ban List