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Infibeam Avenues (539807) investor relations material
Infibeam Avenues Q2 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record consolidated revenue of INR 19,649 million in Q2 FY26, up 93% year-over-year and 53% sequentially, nearing a USD 1 billion annual revenue run rate.
Profit after tax (PAT) rose to INR 677 million, up 42% year-over-year, with a PAT margin of 42%.
Transitioned to a hybrid B2B and B2C model, focusing on AI-driven fintech infrastructure and consumer platforms, with the strategic sale of the platform business to Rediff.com.
Completed transfer of Platform Business to Rediff.com, increasing stake to 82.66% and sharpening focus on fintech and AI infrastructure.
Rights issue successfully completed, raising INR 3,499.9 million, oversubscribed by 1.4x, with proceeds allocated to investments in subsidiaries and future growth initiatives.
Financial highlights
Q2 FY26 gross revenue: INR 19,649 million (+93% YoY, +53% QoQ); net revenue: INR 1,531 million (+14% YoY); adjusted EBITDA: INR 937 million (+10% YoY, +32% QoQ); PAT: INR 677 million (+42% YoY).
Total Payment Volume (TPV) reached INR 1,172 billion, up 33% year-over-year and 38% quarter-over-quarter.
EBITDA margin at 61% and PAT margin at 42% for Q2 FY26.
Earnings per share (basic) for the quarter was INR 0.23, compared to INR 0.17 in the same quarter last year.
Cash and cash equivalents increased to INR 6,824.2 million as of September 30, 2025.
Outlook and guidance
FY26 guidance: gross revenue of INR 50,000–55,000 million (25–38% YoY growth), net revenue of INR 5,400–6,000 million (3–14% YoY), EBITDA of INR 3,250–3,500 million (4–12% YoY), and PAT of INR 2,100–2,200 million (0–5% YoY).
Company is nearing a USD 1 billion annual revenue run rate, driven by continued TPV growth, merchant additions, and AI integration.
RediffPay launch anticipated in Q4, pending final regulatory approvals.
Significant investments planned in Rediff, with INR 500-700 crore over the next three years.
Targeting 12–15% international contribution to payment net revenue by FY28, with expansion plans in GCC, USA, Australia, and Southeast Asia.
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