CCAVENUEFinancial Services

AvenuesAI Limited

Financial Technology (Fintech) · ISIN INE483S01020 · BSE 539807 · NSE EQ · FV ₹1
Last price
₹16
+6.53%today
What this company does

AvenuesAI Limited operates in Financial Technology (Fintech), part of the Financial Services sector. It booked ₹2,680 cr of revenue in its latest quarter (Q1 FY27) and kept 2.8% of sales as profit. It is the 5th largest of 9 Financial Technology (Fintech) companies we track, by market value.

Their stated vision

is to enhance cornerstones of the corporate the way customers and culture within Infibeam Avenues.

Their stated mission

is to provide sustainable basis – is an essential world class state-of- requirement for Infibeam the-art fintech platforms Avenues.

In the report:
58out of 100
Equitytale Health Score
Mixed

Healthier than 58% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 54–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
56

At close. Not part of the score.

Profitability & returns26

How much profit it earns on the money it employs

Cash quality83

Whether reported profit actually arrives as cash

Growth & consistency88

Whether sales and profit have grown, and how steadily

Valuation52

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: balance sheet. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 109% vs last year
Profit up 24% vs last year
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Thin 2.8% net margin
! Low 6.4% return on equity

What if I invest in CCAVENUE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹16 +6.53%
latest close · 2026-09-17
1-year return
-20.9%
52-wk low ₹1352-wk high ₹27
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio17.0Average
LowAverageHigh
P/B ratio1.20Moderate
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity6.4%Weak
WeakFairStrong ▸15%
Return on capital6.8%Weak
WeakFairStrong
Net margin2.8%Thin
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.08Comfortable
LowModerateHigh ▸1
Current ratio2.01Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹5,699 cr
Book value
₹14
EPS
₹0.24
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
4.2%
Earnings yield
5.88%
P/S
0.53
Sales / share
₹30.7
Tax rate
2.2%
Face value
₹1
Shares
349.2 cr
Working capital
₹1,743 cr
Current assets
₹3,472 cr
Current liabilities
₹1,729 cr
Delivery %
42.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹11₹13, midpoint ₹12

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹2,680 cr
Other Income₹28 cr
Total Income₹2,709 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹30 cr
Finance Costs₹10 cr
Depreciation & Amortisation₹34 cr
Other Expenses₹2,550 cr
Total Expenses₹2,624 cr
Profit before Tax₹85 cr
Tax Expense₹2 cr
Share of JV / Associates₹2 cr
Net Profit₹85 cr
Net margin on total income3.1%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹30 cr1.1%
Finance costs₹10 cr0.4%
Depreciation & amortisation₹34 cr1.2%
Other expenses₹2,550 cr94.1%
Tax expense₹2 cr0.1%
Profit for the period₹85 cr3.1%
Total income ₹2,709 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue2,381 cr2,490 cr2,680 cr
Total income2,397 cr2,515 cr2,709 cr
Expenses2,307 cr2,429 cr2,624 cr
Profit before tax87 cr86 cr85 cr
Tax9 cr-4 cr2 cr
Net profit (owners' share)72 cr79 cr76 cr
Net margin (owners' share, on revenue)3.0%3.2%2.8%
EPS (₹)0.260.280.24
YoY (latest quarter): total income +107.3% · net profit +24.3%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹7,302 cr
Shareholder equity
₹4,746 cr
parent shareholders
Total debt
₹399 cr
Cash
₹913 cr
Cash flow · H1 FY26
Operating
₹324 cr
Investing
₹-205 cr
Financing
₹233 cr
Peer comparison
Financial Technology (Fintech) · by market value
CompanyPriceMarket capP/E
One 97 Communications Limited₹1,763₹1.13 L cr128.1
PB Fintech Limited₹1,765₹81,667 cr125.0
Pine Labs Limited₹184₹21,287 cr271.3
Seshaasai Technologies Limited₹366₹5,920 cr24.5
AvenuesAI Limitedthis company₹16₹5,699 cr17.0
Turtlemint Fintech Solutions Limited₹132₹3,878 cr
Network People Services Technologies Limited₹1,855₹3,869 cr88.2
One Mobikwik Systems Limited₹199₹1,564 cr51.2
Suvidhaa Infoserve Limited₹2₹46 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.05
ex 7 Aug 2024
ActionDetailEx-date
Rights issue267:6726 Jun 2025
Dividend₹0.05 / share7 Aug 2024
Dividend₹0.05 / share18 Sep 2023
Bonus issue1:114 Mar 2022
Dividend₹0.05 / share7 Feb 2022
Dividend₹0.05 / share15 Sep 2021
Who owns it · 2026-06-30
No pledge
Promoter
27.3%
FII / Foreign
5.9%
DII / Domestic
0.2%
Retail / others
66.2%
Promoter stake down 0.8% over the last 12 quarters.
Smart-money activity
Insider trades
SoldRahul Hirve · Designated Person2.47 L · ₹38.4 L10 Sep 26
SoldVivek Patel · -1.00 cr · ₹14.0 cr27 Mar 26
SoldVarini V. Patel · Immediate relative8.00 cr · ₹112.0 cr25 Mar 26
Bulk / block deals
short · NSE813 Sep 26
short · NSE10,00026 Aug 26
short · NSE13 Aug 26
Stake changes
SoldVarini Patel→ 12.14% · 9.00 cr27 Mar 26
BoughtInfinium Motors Private Limited · promoter→ 9.23% · 6.02 cr18 Mar 26
SoldJayshreeben Ajitbhai Mehta · promoter→ 3.45% · 3.01 cr18 Mar 26
Promoter pledges
ReleasedTradebulls Capital Ltd45.22 L · 0.34% held11 Jun 21
ReleasedAalps Equitrade LLP30.00 L · 0.23% held10 Jun 21
ReleasedKIFS Trade Capital Pvt Ltd50.00 L · 0.75% held16 Mar 21
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 16 Jan 2026
See the official result
1
To approve change in Name of the Company and consequent alteration in the Memorandum of Association and Articles of Association of the Company
Backed by 100% of shareholders other than promotersneeded 75%
93.63 cr votes for, 2.34 L against · 0% of mutual funds and other big investors said no
2
Alteration of the Object Clause of the Memorandum of Association of the Company.
Backed by 100% of shareholders other than promotersneeded 75%
93.63 cr votes for, 2.33 L against · 0% of mutual funds and other big investors said no
3
Elevation in designation of Mr. Vishwas Ambalal Patel (DIN: 00934823) as Managing Director and Chief Executive Officer of the Company.
Backed by 100% of shareholders other than promotersneeded 75%
93.55 cr votes for, 10.77 L against · 0% of mutual funds and other big investors said no
4
Appointment of Dr. Neharika Vohra (DIN: 06808439) as an Independent Director of the Company
Backed by 100% of shareholders other than promotersneeded 75%
93.57 cr votes for, 8.26 L against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 19 named members
owning 27.3% between them · as of 2026-06-30
Infinium Motors Private Limited9.35%
Vishal Ajitbhai Mehta8.58%
Ajit Champaklal Mehta3.45%
Jayshreeben Ajitbhai Mehta3.45%
Nirali Vishal Mehta2.20%
Vishal Subhashchandra Amin0.13%
Shetal Samirbhai Patel0.12%
Advanced Energy Resources & Management Private Limitedno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹700 cr raised in Jul 2025 by offering new shares to existing shareholders

As of Jun 2026, the company says it has spent 47% of what it set aside, leaving ₹370 cr still to be spent. CARE Ratings Limited watches the spending on the exchange’s behalf.

Investment in our wholly owned subsidiary, Infibeam Projects Management Private Limited for partial repayment or prepayment of secured loans availed by it
100%
₹70 cr of ₹70 cr
Further investment in our subsidiary, Nueromind Technologies Private Limited for advanced technology development and AI Software related work
3%
₹9 cr of ₹294 cr
Further investment in subsidiary, Rediff.com India Limited for expansion of digital and payment ecosystem
87%
₹77 cr of ₹88 cr
Funding of acquisitions of unidentified businesses for future growth and other business initiatives, and General Corporate Purposes
69%
₹169 cr of ₹244 cr
Spent by quarter: 21%45%47%47% (to Jun 2026)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.