AvenuesAI (539807) Q1 26/27 earnings summary

Executive summary

• Gross revenue for Q1 FY27 grew 109% year-over-year to INR 26,804 million, with profit after tax up 45% to INR 848 million, reflecting strong operational execution and robust growth in payments and digital platforms.

• Achieved a structural inflection point, transitioning from a payment gateway to an AI-native transaction infrastructure, with strategic focus on integrating payments, consumer, intelligence, and credit into a unified AI-first fintech platform.

• Expanded international presence, notably in the UAE, and strengthened regulatory positioning in India, supported by key approvals.

• Merged AI subsidiary Nueromind into the parent entity to accelerate AI adoption and operational synergies; board approved share consolidation (face value from INR 1 to INR 10).

• Three strategic priorities for FY27: unlock Rediff value, expand US payments, and build AI-led transaction intelligence.

Financial highlights

• Q1 FY27 gross revenue: INR 26,804 million, up 109% year-over-year; net revenue: INR 1,475 million, down 3%.

• EBITDA (excluding other income): INR 1,000 million, up 41% year-over-year; PAT: INR 848 million, up 45% year-over-year.

• Transaction processing volume grew 74% year-over-year to INR 1.48 trillion.

• FY26 gross revenue: INR 8,116 crore (+103%), net revenue: INR 603 crore (+15%), PAT: INR 295 crore (+25%).

• Payment Business Q1 FY27 revenue: INR 26,259.4 million; E-Commerce Platform Business: INR 544.6 million.

Outlook and guidance

• FY27 consolidated revenue expected between INR 110,000–130,000 million, implying 35%+ growth.

• FY27 EPS guidance: INR 8.75–9.5 per share (post-corporate action face value of INR 10).

• Margin profile expected to strengthen structurally through FY27–28 as AI and new services scale.

• Targeting 12–15% international contribution to Payment’s Net Revenue by FY28.

• Guidance assumes minimal contribution from new launches like RediffPay in FY27.