| Revenue growth | Q2 revenue +47% YoY to ₹2,879 Cr; H1 +71% to ₹5,560 Cr. |
|---|---|
| Margins | Take rate down ~4% QoQ to 5.06 bps; EBITDA margin ~3.4% vs ~4.9%. |
| Demand visibility | TPV up 19% QoQ to ₹1.77 lakh Cr; UPI MDR timing uncertain. |
| Management confidence | Balanced to optimistic; admits Q2 shortfall, reiterates FY27 guidance. |
Growth
Q2 revenue +47% YoY; operating EBITDA +3% to ₹98.9 Cr (~3.4% margin), with growth driven by volume and take-rate compression.
Outlook
FY27 revenue guidance of ₹11,000–13,000 Cr reiterated; H1 revenue ₹5,560 Cr; EPS guidance ₹8.75–9.50, H1 ~₹4.5.
Risks
Take rate down ~4% QoQ to 5.06 bps; H1 operating cash flow -₹192 Cr; management admits Q2 net revenue growth fell short.
Last quarter's promises, checked
Partly delivered
- FY27 revenue ₹11,000–13,000 Cr → H1 ₹5,560 Cr, FY not yet reported (= PARTIAL)
- FY27 EPS ₹8.75–9.50 → H1 ~₹4.5, FY not yet reported (= PARTIAL)
Missed
- EBITDA guardrail ~15%, stated as a floor not a target → Q2 EBITDA ~3.4% of revenue, gross basis, basis unstated on call (= MISS)
- Build out net take rates → take rate -4% QoQ to 5.06 bps (= MISS)
Earnings Call Transcript filed with BSE, NSE: CCAVENUE. Summary written with AI assistance from the document.
AvenuesAI Ltd: key numbers
- Share price
- ₹129.02
- Market cap
- ₹4,506 Cr
- Revenue (annual)
- ₹8,116 Cr
- Net profit (annual)
- ₹279.0 Cr
- P/E (TTM)
- 15.3×Sector 23.8×
- Promoter holding
- 27.34%+0.05% QoQ
- FII holding
- 5.85%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from AvenuesAI Ltd
All →AvenuesAI Other Announcement
AvenuesAI confirmed no deviation in use of rights issue proceeds for the quarter ended September 30, 2026. The board approved the statement on November 6, 2026.
AvenuesAI Q2 FY27 Results: Net Profit ₹71.7 Cr, Up 5.9% YoY
AvenuesAI Ltd reported revenue from operations of ₹2,879 Cr (+46.5% YoY) and net profit of ₹71.7 Cr (+5.9% YoY) for Q2 FY27.
- Key figure
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