Buy Infibeam Avenues; target of Rs 28: KR Choksey
KR Choksey is bullish on Infibeam Avenues has recommended buy rating on the stock with a target price of Rs 28 in its research report dated May 30, 2023.30-05-2023
30-05-2023
Infibeam Avenues Ltd - 539807 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Earnings Conference Call for the quarter and year ended March 31, 2023.30-05-2023
Infibeam Avenues Ltd - 539807 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio Recording of the Investor/ Analyst Conference Call pertaining to the Financial Results for the quarter and year ended March 31, 2023.26-05-2023
Infibeam Avenues Ltd - 539807 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Annual Secretarial Compliance Report for the Financial Year ended on March 31, 2023.25-05-2023
Infibeam Avenues Q4 standalone net profit jumps by 42%
The company announced 5% dividend for the fiscal 2022-2325-05-2023
Infibeam Avenues Ltd - 539807 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investors Presentation on Audited Financial Results for the quarter and year ended on March 31, 2023.25-05-2023
Q4FY23 Quarterly & FY23 Annual Result Announced for Infibeam Avenues Ltd.
Internet Software & Services firm Infibeam Avenues announced Q4FY23 & FY23 results: Total Income for FY23 crossed Rs 2,000 crore for the first time in company’s history, up 56% YoY. Highest Ever PAT at Rs 136 crore is up 63% and EBITDA at Rs 180 crore is up 24%, YoY. Added approx. 8,200 merchants daily in Q4; No. of merchants 9.2 million, up 61% YoY. CCAvenue merchant lending business (Express Settlement to merchants) grows to Rs 2,000 crore annually. Highest ever quarterly Payment Transaction Processing Value (TPV) of Rs 1.5 lakh crore, up 61% YoY. Highest Annual Gross Merchandising Value upwards of Rs 2.0 lakh crore on Platform business, up 90% YoY. Company declares dividend for three consecutive years. Approved Full year dividend of 5%. “The Company had the best quarterly performance in its history buoyed by both digital payments and software platforms businesses. These businesses have consistently outperformed and is reaping the benefits of maintaining a prudent business strategy of going after profitable revenue growth versus growth at any cost. The company’s endeavour to build superior and safe fintech solutions has helped us to scale our business and have a frictionless relationship with our ecosystem partners and the regulators. This will lead to a sustainable business that will generate long-term value for our business and for our shareholders,” said Mr. Vishal Mehta, Managing Director, Infibeam Avenues Ltd. “There has been a significant rise in the digital payment in India and Middle East. Our solutions CCAvenue is considered gold standard in payment infrastructure systems and processes. We onboarded more than 9 lakh merchants in last 180 days and annually processed successful transactions of more than Rs 2.2 lakh crore. With now increased focused on offline merchants through our CCAvenue omnichannel TapPay app, we anticipate more aggressive growth in coming months,” said Mr. Vishwas Patel, Executive Director, Infibeam Avenues Ltd. Result PDF25-05-2023
Infibeam Avenues Ltd - 539807 - Corporate Action-Board approves Dividend
The Board at its meeting held today has recommended a Final Dividend of Rs. 0.05/- per Equity Share of Re. 1/- each (i.e. 5%) for the Financial Year ended on March 31, 2023, subject to the approval of Shareholders at the ensuing Annual General Meeting ("AGM") of the Company.25-05-2023
Infibeam Avenues Ltd - 539807 - Board Meeting Outcome for Audited Financial Results For The Quarter And Year Ended March 31, 2023 And Recommendation Of Final Dividend Pursuant To Regulation 30, 33 And 43 Of The SEBI (LODR) Regulations, 2015
Audited Financial Results for the quarter and year ended March 31, 2023 and recommendation of Final Dividend pursuant to Regulation 30, 33 and 43 of the SEBI (LODR) Regulations, 2015.25-05-2023
Infibeam Avenues Ltd - 539807 - Audited Financial Results For The Quarter And Year Ended March 31, 2023
Audited (Standalone and Consolidated) Financial Results for the quarter and year ended on March 31, 2023 together with the Audit Reports from the Statutory Auditors.25-05-2023