Infibeam Avenues Q4 Results 2023, Total Revenue, PAT, Share Price Target

Infibeam Avenues Results 2023, Total Revenue, PAT, Share Price Target

Infibeam Avenues Limited (NSE: INFIBEAM) is an Indian fintech firm offering payment infrastructure and software. It provides eCommerce platforms, digital payments, data cloud, digital lending, and omnichannel business software for organizations across the globe. 

This company serves through its CCAvenue flagship brand. It processes over US$49 billion at present. Over 6.4 million merchants are using Infibeam’s payment platform. Its services are available across Saudi Arabia, the United States, Australia, and the UAE. Infibeam Avenues quarterly results are available now. Continue reading to learn everything about the Infibeam Q4 results. 

Financial Analysis of Infibeam Avenues Limited

The company was listed on the BSE and the NSE exchanges in 2016. This firm’s:

• The stock’s current price is: Rupees 19.50
• Market cap: Rupees 54.08 Billion
• Stock P/E: 33.2
• High/Low: Rupees 20.4/12.8
• Book Value: Rupees 11.8
• ROCE: 5.53%
• Dividend Yield: 0.29%
• ROE: 4.09%
• Price to Book value: 1.45
• Face value: Rupees 1.00
• Price to Earning: 33.2
• EPS: 0.53
• Debt: Rupees 8.03 crore
• Return on Assets: 3.15%

Infibeam and several other companies from the IT sector are offering multifold returns to shareholders. People, who invest their money in the INFIBEAM share for a long time, can expect great returns in future. 

This firm is emerging as a major player in the e-commerce and digital payments market. It has a range of products used by many merchants in India and several other countries. The firm leverages the latest technology to deliver innovative solutions and draw more customers. Therefore, the Infibeam Avenues q4 results 2023 show a significant boost in the company’s revenue. 

Infibeam Avenues Q4 Financial Report

Infibeam Avenues Limited has released its Q4 results for Fiscal Period 2023. The report reveals:

• The company has generated a revenue of rupees 652.6 crore in the fourth quarter of FY23. Its revenue was 414.7 crore rupees in Q3, which is lower than the final quarter’s revenue. 
• Q4 2023 is the company’s best quarter in terms of revenue because it generated 418.3 crore, 476.6 crore, and 414.7 crore revenue in Q1, Q2, and Q3 2023 respectively. 
• The company has finally crossed the 650 crore revenue milestone in FY 2023. 
• The company’s share price reached its all-time high in September 2018, which was rupees 58.74. The price is currently trading at 19.50 rupees, much below the all-time high value. 
• The company’s gross profit in Q4 is 91.58 crore rupees. 
• This firm reported total operating expenses 619.09. 

Infibeam Avenues Q3 results 2023 were not as good as Q4 results. Therefore, the share price is surging and its market cap also surged significantly. The INFIBEAM stock price is in a bullish trend in the 5-day timeframe and it can break the All-time High record soon. 

Infibeam Avenues Share Price Target

This fintech firm can grow much faster than other firms if it keeps investing in new technologies and new products. It has no debt and that has impressed many investors and traders. 

Even though it is currently a penny stock, it is gaining steadily. Experts have assessed Infibeam Avenues share price target. They believe the INFIBEAM stock can deliver a much higher yield in comparison to other expensive stocks. The share price targets are as follows:

• 2023: INR 21 is Infibeam Avenues Limited’s share target for 2023. If this stock meets that target price, 24 rupees will be the new target price for 2023. 
• 2024: This firm is making a profit, but its profit is lower than the profit generated in 2029. Currently, the firm is operating pretty well. It may generate much better profit in future. Therefore, the target price for 2024 is rupees 33. It will increase to rupees 35 if the INFIBEAM share meets the initial target price. 
• 2025: The Infibeam Avenues share price target 2025 is 49 rupees. It will be the initial target price of the share in 2025. 55 rupees will be the next target for the price if it crosses the 49 rupees target. 

People, who invest in Infibeam shares now, can gain over 2-fold returns in just two years. The growth in the share price will depend on several factors, but the INFIBEAM share is likely to meet its goal price in 2025. 

Infibeam Avenues Share Price History

• The Infibeam Avenues share price was 11.24 rupees on 8th April 2016. 

• The share price increased to 24.28 in April 2017. 
• The INFIBEAM share price reached rupees 41.74 in April 2018. 
• It fell to rupees 11.79 in April 2019. 
• The share was traded around 9 rupees in April 2020. 
• INFIBEAM Share value increased by over 19 rupees in April 2021. 
• It was traded for over 19 rupees in April 2022. 
• Currently, the INFIBEAM share price is trading at rupees 19.50. 

The Infibeam Avenues share price history suggests that the price is trying to maintain a bullish momentum this year. It may go beyond 20 rupees within a few days and that bullish momentum may last throughout the year. 

5 Interesting Facts About Infieam Avenues 

• Infibeam Avenues became an NSE and BSE-listed company in April 2016. 

• The highest price level touched by the INFIBEAM stock was rupees 58.74
• It is a top digital payments and e-commerce company in India and its stock may deliver multifold returns in a few years. 
• Infibeam Avenues claims that it is serving over 6.4 million merchants. 
• The INFIBEAM stock has displayed impressive profit growth of 50.88% in the last 3 years. 

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Frequently Asked Questions 

Q: What is Infibeam Avenues gross revenue in Q4 2023?

A: Infibeam Avenues gross revenue in Q4 2023 is Rs. 653 crore. 

Q: Has Infibeam Avenues reported a loss in Q4 2023?

A: No, the Q4 2023 report does not show the loss in the company’s income. 

Q: What are Infibeam Avenues’ net sales in September 2023?

A: The company’s net sales were rupees 739.91 crore in September 2023. 

Q: Is Infibeam Avenues Limited a debt-free company?

A: No, this company has a debt of around 8 crore rupees. 

Q: What is Infibeam Avenues Profit After Taxes (PAT)?

A: Infibeam Avenues PAT has a 46% increase to INR 35 crore. 

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Conclusion

Infibeam Avenues Limited’s Q4 results are out. Over 652 crore rupees in revenue and the upward momentum of the INFIBEAM share suggest much better growth in FY24. Long-term investors can generate multifold returns if they buy the IFIBEAM stock now.