AvenuesAI FY26 revenue surges 103% led by payments growth

1 min read     Updated on 29 May 2026, 04:00 PM
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AI Summary

AvenuesAI Limited reported a 103% year-on-year surge in revenue to INR 81,158 million for FY26, driven by payment business growth. Consolidated net profit increased 58% to INR 3,320 million. The Board approved strategic investments in Online PSB Loans and Ratnaafin Capital, and the acquisition of a remaining stake in Nueromind Technologies. The company also rebranded to AvenuesAI Limited, saw its subsidiary Rediff.com file for an IPO, and successfully concluded a rights issue.

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AvenuesAI Limited has reported a 103% year-on-year surge in revenue to INR 81,158 million for the financial year ended March 31, 2026, driven by robust growth in its payment business. The company’s consolidated net profit for the year increased by 58% to INR 3,320 million. For the fourth quarter of FY26, revenue stood at INR 24,895 million, a significant increase from INR 11,605 million in the same period of the previous year, while net profit for the quarter rose to INR 955 million from INR 503 million.

Financial Performance

The audited consolidated financial results for the quarter and year ended March 31, 2026, were approved by the Board of Directors on May 29, 2026. The statutory auditors, Shah & Taparia, issued an unmodified opinion on the results.

Metric (INR million) Q4 FY26 Q4 FY25 FY26 FY25
Revenue from operations 24,895 11,605 81,158 39,926
Total Income 25,150 11,805 82,048 40,657
Total Expenses 24,288 11,039 78,560 37,678
Net Profit 955 503 3,320 2,095
Earnings Per Share (Basic) 0.28 0.20 0.94 0.85

Strategic Acquisitions and Investments

The Board approved several strategic investments to expand its digital lending and AI capabilities. The company will acquire up to a 7.00% stake in Online PSB Loans Limited for a cost not exceeding INR 65.00 crore. Additionally, it approved an investment of up to 2.50% in Ratnaafin Capital Private Limited, a non-banking financial company, for an amount not exceeding INR 66.00 crore. The company also approved the acquisition of the remaining 9.90% stake in its subsidiary, Nueromind Technologies Private Limited, for INR 1.25 crore, making it a wholly-owned subsidiary.

Business and Operational Updates

During the year, the company completed a corporate rebranding from Infibeam Avenues Limited to AvenuesAI Limited. Its subsidiary, Rediff.com India Limited, filed a pre-filed Draft Red Herring Prospectus with SEBI for its proposed initial public offering. The company successfully concluded a rights issue of INR 700 crore, which was oversubscribed 1.4 times. The proceeds from the rights issue are being utilized for investments in subsidiaries, funding acquisitions, and general corporate purposes.

Historical Stock Returns for AvenuesAI

1 Day5 Days1 Month6 Months1 Year5 Years
-1.14%+0.36%-1.14%-28.48%-23.17%-29.42%

How will the strategic investments in Online PSB Loans and Ratnaafin Capital enhance AvenuesAI's digital lending capabilities?

What impact will the rebranding to AvenuesAI have on the company's market positioning and AI-driven growth strategy?

What are the expected timelines and key milestones for Rediff.com India Limited's proposed IPO?

AvenuesAI schedules Q4 FY26 earnings call on May 29

1 min read     Updated on 21 May 2026, 06:31 AM
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AI Summary

AvenuesAI Limited has announced a post-results investor and analyst conference call for May 29, 2026, to discuss its audited financial results for the quarter and year ended March 31, 2026. The call, hosted by Go India Advisors, will include participation from key executives such as Chairman Vishal Mehta, CEO Vishwas Patel, and CFO Sunil Bhagat.

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AvenuesAI Limited has scheduled a post-results investor and analyst conference call to discuss its financial performance for the quarter and year ended March 31, 2026. The meeting will be held on Friday, May 29, 2026, at 4:30 PM IST, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The conference call will be hosted by Go India Advisors and will feature participation from the company's senior management team. Key executives leading the discussion include Vishal Mehta, Chairman and Managing Director; Vishwas Patel, Managing Director and Chief Executive Officer; and Sunil Bhagat, Chief Financial Officer.

Conference Call Details

The company has provided specific dial-in numbers and registration details for participants. Investors are encouraged to pre-register using the "Diamond Pass" link to avoid wait times and ensure timely connection.

Feature Details
Date May 29, 2026
Time 1630 hrs. (4:30 PM) IST
Host Go India Advisors
Universal Dial-In Number +91 22 6280 1557 / +91 22 7115 8383

Participants are advised to dial in at least 5 to 10 minutes prior to the scheduled start time. For further information regarding the conference call, investors may contact Sheetal Khanduja or Rajat Gupta at Go India Advisors.

The intimation regarding this conference call is available on the official website of AvenuesAI Limited.

Historical Stock Returns for AvenuesAI

1 Day5 Days1 Month6 Months1 Year5 Years
-1.14%+0.36%-1.14%-28.48%-23.17%-29.42%

What key financial metrics and growth targets is AvenuesAI Limited likely to highlight given the increasing competition in the AI-driven fintech space for FY2026?

How might AvenuesAI Limited's strategic roadmap for FY2027 be shaped by emerging regulatory changes in India's digital payments and AI governance landscape?

Will AvenuesAI Limited announce any new partnerships, acquisitions, or product expansions during or following the conference call that could signal its next phase of growth?

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1 Year Returns:-23.17%