CCAVENUENSEAvenuesAI LimitedLowNeutral
Announced Fri, 13 Feb · 14:07 IST

AvenuesAI Limited has informed the Exchange about Amendment in the Code of Conducts and Policies of the Company

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Price reaction · full curve

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AI summary

AvenuesAI Limited reported record Q3 FY26 results with consolidated revenue of INR 23,812 million, up 122% year-on-year, driven by strong growth in its Payment Business and a structural shift toward an AI-native transaction infrastructure platform. Adjusted profit after tax grew 59% YoY to INR 861 million, with adjusted EBITDA up 25% YoY to INR 981 million. Total Payment Volume surged 69% YoY to INR 1,361 billion. On the back of strong momentum, the company sharply raised its FY26 guidance: revenue is now expected at INR 75,000-80,000 million (up from INR 50,000-55,000 million) and PAT at INR 2,500-2,750 million (up from INR 2,100-2,200 million). The Board also confirmed completion of the corporate name change from Infibeam Avenues to AvenuesAI and updated internal Codes of Conduct accordingly. Key strategic updates included RBI's offline payment aggregator license, NPCI's TPAP approval, IFSCA in-principle approval, and launches of PayCentral.ai and CCAvenue CommerceAI.

Likely market impact

Strong quarterly beat and a significant upward revision to full-year guidance signal robust business momentum and improving operating leverage, likely to be viewed positively by the market. The completed rebranding, multiple regulatory approvals, and AI-led product launches reinforce the company's strategic pivot toward AI-native transaction infrastructure, which could support long-term valuation re-rating.