Infibeam Avenues Ltd. (INFIBEAM) AI Stock Analysis

• Market Cap: ₹67.08B
• Dividend Yield: 0.23%
• Average Volume (3M): 1.82M
• Price to Earnings (P/E): 27.6
• Beta (1Y): 1.42
• Revenue Growth: 42.31%
• EPS Growth: 6.38%
• Country: IN
• Employees: 815
• Sector: Services
• Sector Strength: N/A
• Industry: Software - Infrastructure
• EPS (TTM): 0.18
• Shares Outstanding: 3,496,420,700
• 10 Day Avg. Volume: 3,063,753
• 30 Day Avg. Volume: 1,819,863
• PEG Ratio: 0.42
• Price to Book (P/B): 1.24
• Price to Sales (P/S): 1.16
• P/FCF Ratio: -15.20
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: ₹21.00 ▲(15.07% Upside)

Infibeam Avenues Ltd. scores well due to strong financial performance and positive technical indicators. However, concerns about valuation and cash flow management slightly offset these strengths. The absence of earnings call data and corporate events does not impact the score.

Infibeam Avenues Ltd. Business Overview & Revenue Model

Company Description

Infibeam Avenues Limited, a digital payment and e-commerce technology company, provides digital payment solutions, data center infrastructure, and software platforms for businesses and governments to execute e-commerce transactions. The company offers CCAvenue, an online payment gateway to ecommerce merchants to collect payments online. It also provides BillAvenue, an online bill payment platform for recurring bill payments services to customers; ResAven, a website booking engine and channel manager for hoteliers to sell and distribute hotel room inventory; Fable Fintech, a remittance technology platform for cross border payments to banks, businesses, and exchange houses; and ecommerce marketplace platform. The company operates in India, the United Arab Emirates, and internationally. The company was formerly known as Infibeam Incorporation Limited and changed its name to Infibeam Avenues Limited in July 2018. Infibeam Avenues Limited was incorporated in 2010 and is based in Gandhinagar, India.

How the Company Makes Money

Infibeam Avenues generates revenue through several key streams. Primarily, it earns income from transaction fees on its payment processing services, which facilitate online payments for merchants across various sectors. Additionally, the company generates revenue from its e-commerce platform, where it charges commissions on sales made through its marketplace. Infibeam also offers technology solutions and SaaS products to businesses, providing customized software and services for a fee. Strategic partnerships with banks, financial institutions, and other technology firms further enhance its earning potential, enabling the company to expand its service offerings and customer base.

Infibeam Avenues Ltd. Financial Statement Overview

Summary

Infibeam Avenues Ltd. demonstrates strong growth and profitability with improved revenue and profit margins. However, increased liabilities and negative free cash flow in 2025 suggest areas for improvement in debt management and cash flow strategies.

Income Statement

Infibeam Avenues Ltd. has shown impressive revenue growth over the years, with a significant increase from 2020 to 2025. The gross profit margin and net profit margin have also improved, indicating effective cost management and profitability. The EBIT and EBITDA margins are strong, reflecting efficient operational performance. However, the net profit margin is slightly lower in 2025 compared to 2020, which could indicate increasing costs or competitive pressures.

Balance Sheet

The company's balance sheet shows a healthy equity position, with a substantial increase in stockholders' equity over the years. The debt-to-equity ratio is low, indicating prudent financial leverage. The equity ratio is strong, showcasing financial stability. However, there has been a significant increase in total liabilities from 2020 to 2025, which might pose future leverage risks if not managed carefully.

Cash Flow

Infibeam's cash flow statements reveal fluctuating free cash flow, with a substantial decrease in 2025. The operating cash flow to net income ratio indicates that the company is generating cash effectively from its operations. However, the negative free cash flow in 2025 raises concerns about capital expenditure management or investment strategies. Continuous monitoring is advised to ensure sustainable cash flow management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	45.28B	39.93B	31.50B	19.62B	12.94B	6.76B
Gross Profit	24.32B	3.07B	2.22B	18.55B	12.22B	6.15B
EBITDA	3.63B	3.03B	2.79B	2.51B	1.55B	1.52B
Net Income	2.17B	2.25B	1.58B	1.40B	865.20M	723.34M
Balance Sheet
Total Assets	0.00	53.69B	52.16B	41.04B	38.54B	35.50B
Cash, Cash Equivalents and Short-Term Investments	3.42B	3.42B	8.06B	3.70B	2.97B	2.66B
Total Debt	0.00	1.72B	833.93M	80.25M	74.24M	260.19M
Total Liabilities	-38.44B	15.25B	17.60B	9.38B	8.99B	6.62B
Stockholders Equity	38.44B	37.35B	34.57B	31.65B	29.58B	28.88B
Cash Flow
Free Cash Flow	0.00	-3.04B	4.28B	503.40M	799.35M	724.35M
Operating Cash Flow	0.00	720.60M	7.20B	1.13B	1.22B	1.55B
Investing Cash Flow	0.00	-6.72B	-4.48B	-884.80M	-549.79M	-640.39M
Financing Cash Flow	0.00	2.08B	1.78B	366.80M	-358.05M	-93.64M

Infibeam Avenues Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 18.25
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INFIBEAM, the sentiment is Neutral. The current price of 18.25 is below the 20-day moving average (MA) of 19.04, above the 50-day MA of 17.40, and above the 200-day MA of 17.22, indicating a neutral trend. The MACD of 0.39 indicates Positive momentum. The RSI at 47.03 is Neutral, neither overbought nor oversold. The STOCH value of 22.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:INFIBEAM.

Infibeam Avenues Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INFIBEAM	73 Outperform	₹67.08B	27.57	―	0.23%	42.31%	6.38%
JUSTDIAL	73 Outperform	₹64.64B	11.38	―	―	6.97%	12.91%
VRLLOG	73 Outperform	₹47.42B	20.30	―	2.75%	4.74%	176.63%
TCI	70 Outperform	₹90.61B	20.83	―	0.86%	9.97%	16.28%
WELENT	70 Outperform	₹78.02B	24.54	―	0.54%	14.32%	4.35%
THOMASCOOK	63 Neutral	₹72.23B	28.47	―	0.29%	12.46%	-4.05%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

Infibeam Avenues Ltd. Corporate Events

Infibeam Avenues Holds 15th AGM with E-Voting and Virtual Participation

Infibeam Avenues Limited conducted its 15th Annual General Meeting (AGM) on September 29, 2025, via video conferencing, adhering to regulatory guidelines. The meeting included the provision of e-voting facilities for shareholders to participate in decision-making on resolutions. The proceedings and voting results will be made available on the company’s website and communicated to stock exchanges, ensuring transparency and stakeholder engagement.

Infibeam Avenues Transfers Equity Shares to IEPF Authority

Infibeam Avenues Ltd. has announced the transfer of certain equity shares to the Investor Education and Protection Fund Authority, as per regulatory requirements. This move is part of compliance with SEBI regulations and has been communicated through newspaper advertisements, reflecting the company’s adherence to statutory obligations and transparency in its operations.