AvenuesAI revenue surges 109% in Q1FY27; Board approves Nueromind merger
AvenuesAI delivered strong Q1FY27 results with consolidated revenue jumping 109% YoY to ₹26,804.0 million and PAT rising 45% to ₹847.6 million. The Board approved the amalgamation of Nueromind Technologies, consolidation of equity shares, and an increased investment limit in Ratnaafin Capital.

*this image is generated using AI for illustrative purposes only.
AvenuesAI reported a robust start to FY27, with consolidated revenue from operations jumping 109% year-on-year to ₹26,804.0 million for the quarter ended June 30, 2026. Profit after tax (PAT) rose 45% to ₹847.6 million, while EBITDA excluding other income grew 41% to ₹1,000.2 million. The strong performance underscores the company’s scaling payments infrastructure and expanding digital ecosystem, setting the stage for its stated FY27 revenue guidance of ₹110,000 million to ₹130,000 million.
The Board of Directors, in a meeting held on August 11, 2026, approved the unaudited standalone and consolidated financial results, reviewed by statutory auditors Shah & Taparia Chartered Accountants under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Beyond the financials, the Board sanctioned three strategic corporate actions: the amalgamation of Nueromind Technologies Private Limited into AvenuesAI, a variation in the objects of its previous rights issue, and the consolidation of equity shares.
Financial Performance
Consolidated revenue from operations more than doubled compared to ₹12,802.1 million in Q1FY26. The Payment Business segment contributed ₹26,259.4 million, while the E-Commerce Platform Business added ₹544.6 million. Profit before tax stood at ₹866.6 million, up from ₹788.9 million in the prior year period. Basic earnings per share (EPS) for continuing operations were ₹0.24, compared to ₹0.21 in Q1FY26.
| Metric | Q1FY27 (₹ million) | Q1FY26 (₹ million) | YoY Change |
|---|---|---|---|
| Revenue from Operations | 26,804.0 | 12,802.1 | 109% |
| EBITDA (excl. Other Income) | 1,000.2 | 709.9 | 41% |
| Profit Before Tax | 866.6 | 788.9 | 10% |
| Profit After Tax | 847.6 | 584.3 | 45% |
Standalone revenue from operations reached ₹25,333.8 million, up from ₹11,560.1 million in Q1FY26. Standalone PAT was ₹254.4 million, compared to ₹437.0 million in the same quarter last year, which included significant profits from discontinued operations related to the transfer of the Platform Business Undertaking to Rediff.com India Limited.
Strategic Corporate Actions
The Board approved a Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, to merge Nueromind Technologies Private Limited, a wholly-owned subsidiary focused on AI and machine learning, into AvenuesAI. This move aims to simplify the group structure and integrate AI capabilities directly into the parent company’s core businesses. Consequently, the Board also approved a variation in the objects of the rights issue issued in June 2025. Instead of investing through Nueromind, the company will directly undertake advanced technology development and AI software activities using the unutilized proceeds of ₹28,455.59 million.
Additionally, the Board proposed consolidating ten equity shares of ₹1 face value into one equity share of ₹10 face value. This capital restructuring is intended to rationalize the share capital structure without altering the underlying economic value or proportionate shareholding of investors. The consolidation requires shareholder approval at the upcoming Annual General Meeting.
Investment Update
In a separate development, the Board increased its investment limit in Ratnaafin Capital Private Limited from an amount not exceeding ₹66.00 crore to not exceeding ₹70.00 crore for acquiring not exceeding 2.50% stake of Post issue capital. The transaction is not a related party transaction and is expected to be completed on or before March 31, 2027.
Strategic Priorities and Outlook
Management outlined three key priorities for FY27: unlocking the value of Rediff.com by integrating it with payments and AI capabilities, expanding CCAvenue’s payment gateway business into the United States, and building the proprietary AvenuesAI Transaction Intelligence Score (TISco). TISco is designed to analyze transaction behavior and merchant activity to provide dynamic assessments for risk, fraud detection, and credit intelligence.
Chairman and Managing Director Vishal Mehta emphasized that the company is shifting from building transaction infrastructure to leveraging embedded intelligence for new products. CEO Vishwas Patel highlighted the disciplined execution strategy, noting that the company expects FY27 EPS to range between ₹8.75 and ₹9.50 per share, based on the post-consolidation face value.
What the Numbers Show
The 109% revenue growth significantly outpaces the 45% PAT growth, indicating that operating margins are under pressure as the company scales. While EBITDA grew 41%, the disproportionate rise in revenue suggests higher variable costs or investments in new markets like the US and UAE, where the company recently secured regulatory approvals. The absence of discontinued operations in the current quarter provides a cleaner view of the core payment business’s profitability, which remains resilient despite the aggressive expansion plans.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE483S01020/b975d81b-b3de-40ab-aba5-33cb56c9e1f0.pdf
Historical Stock Returns for AvenuesAI
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.33% | -5.74% | -9.23% | -12.28% | +9.17% | -10.71% |
How will the integration of Nueromind Technologies' AI capabilities directly impact AvenuesAI's operating margins and fraud detection efficiency in the coming quarters?
What specific regulatory or competitive challenges might hinder CCAvenue's expansion into the United States payment gateway market?
Will the consolidation of equity shares affect the stock's liquidity and trading volume, and how might this influence retail investor sentiment?


































