Infibeam Avenues Ltd
About
Infibeam Avenues Limited (IAL) is a digital payments solutions (DPS) and enterprise software platform (ESP) provider. It serves clients in the business-to-business (B2B) segment for facilitating their recurring payments and ad-hoc payouts to vendors, suppliers, contractors, business partners, and employees. With brands like CCAvenue, Bill Avenue, .ooo, Digma, and Go Payments, Infibeam Avenues is the third largest fintech company in India based on payment value processes and revenue market share. The company offers processing in multiple currencies, maximum payment options, more than 97 debit cards, 13 prepaid instruments, 6 credit cards, and 15 bank EMI options to its clients. IAL has served major names like the Taj Hotels, Snapdeal, Vistara, Make My Trip, Paytm, Burj Khalifa At the Top, and Emaar. Its headquarters is in Gujarat International Finance Tec-City (GIFT) at Gandhinagar, while other offices are located in Mumbai, Delhi, Bangalore, the UAE, South Africa, and the US.
Featured In Fortune India Ranking
Financial Data 2024
Fortune India Coverage
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 3199 57.4% | 2033 55.0% | 1312 88.9% | 695 -1.5% | 705 -42.9% | 1236 41.6% | 873 96.9% | 443 25.3% | 354 18.4% | 299 40.7% | 212 36.2% | 156 21.0% | 129 141.1% | 53 - |
| Net Operating Income (INR Cr) | 3171 61.60% | 1962 51.66% | 1294 91.40% | 676 6.85% | 633 -45.41% | 1159 38.10% | 839 90.18% | 441 30.98% | 337 16.92% | 288 39.00% | 207 37.17% | 151 18.20% | 128 135.68% | 54 0.00% |
| Profit (INR Cr) | 158 13.3% | 140 61.4% | 87 19.6% | 72 -33.0% | 108 -15.0% | 127 44.0% | 88 100.0% | 44 370.8% | 9 - | -10 - | -26 - | -25 - | -11 - | -19 - |
| Assets (INR Cr) | 3554 11.2% | 3196 6.9% | 2990 2.5% | 2917 2.9% | 2836 1.9% | 2782 3.1% | 2697 193.4% | 919 37.2% | 670 206.1% | 219 135.8% | 93 34.9% | 69 4.0% | 66 101.8% | 33 - |
| Net Worth (INR Cr) | 3457 9.2% | 3165 7.0% | 2958 2.4% | 2888 3.0% | 2803 2.4% | 2738 4.3% | 2626 235.5% | 783 18.1% | 663 211.8% | 213 159.3% | 82 247.3% | 24 189.5% | 8 -38.6% | 13 0.0% |
| Employee Cost (INR Cr) | 128 18.3% | 108 31.9% | 82 32.9% | 62 13.5% | 54 -33.4% | 81 16.6% | 70 22.7% | 57 5.0% | 54 156.8% | 21 -5.6% | 22 111.2% | 11 50.1% | 7 150.0% | 3 - |
| Interest Cost (INR Cr) | 3 | 2 | 2 | 4 | 4 | 6 | 6 | 4 | 1 | 1 | 1 | 1 | 1 | 0 |
| Cash & Bank Balance (INR Cr) | 708 | 272 | 210 | 178 | 99 | 133 | 183 | 307 | 517 | 60 | 4 | 4 | 1 | 1 |
| Total Debt (INR Cr) | 83 | 8 | 7 | 20 | 26 | 40 | 67 | 136 | 6 | 5 | 9 | 43 | 55 | 16 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 4.9% | 6.9% | 6.6% | 10.4% | 15.3% | 10.3% | 10.1% | 10.0% | 2.7% | - | - | - | - | - |
| Profit As % Of Assets | 4.5% | 4.4% | 2.9% | 2.5% | 3.8% | 4.6% | 3.3% | 4.8% | 1.4% | - | - | - | - | - |
| Profit As % Of Networth | 4.6% | 4.4% | 2.9% | 2.5% | 3.9% | 4.6% | 3.4% | 5.6% | 1.4% | - | - | - | - | - |
| Interest Cost to EBITDA % | 1.2% | 1.2% | 1.6% | 2.9% | 2.9% | 3.7% | 3.7% | 6.4% | 5.3% | - | - | - | - | - |
| Debt to Equity Ratio | 0.02 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.03 | 0.17 | 0.01 | 0.02 | 0.10 | 1.81 | 6.78 | 1.18 |
| RONW | 4.7% | 4.5% | 2.9% | 2.5% | 3.9% | 3.2% | 5.1% | 5.6% | 1.8% | - | - | - | - | - |
| ROCE | 6.2% | 6.0% | 3.4% | 3.0% | 4.8% | 4.1% | 6.6% | 7.1% | 2.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |