If are you searching for the Infibeam share price target from 2024 to 2050 then you are in the right place, In this article, we are discussing the Infibeam share price prediction based on its fundamental data. So let’s understand all about Infibeam.
Infibeam Avenues Limited Overview
Infibeam Avenues Limited is a leading Indian multinational financial technology company Incorporated on June 30, 2010.
In 2016 Infibeam was listed on the Bombay Stock Exchange and the national stock exchange.
Business areas of Infibeam:
Digital payment solutions:
The company offers digital payment solutions under the brand name CCAvenue to e-commerce merchants, travel and tourism companies, educational institutions, government agencies NGOs, and charities.
Enterprise Software Solutions:
The company provides a platform for managing online marketplaces and businesses under the brand name BuildDaBazaar.
The major clients are large corporations, MSEs startups, and government agencies.
Major Clients of Infibeam
E-commerce companies: Myntra, Snapdeal, Flipkart
Airlines: Air India, space jet, Goair.
Hotels: Taj Hotels, Marriott International, Hilton Worldwide.
Government agencies: government e-Marketplace, National Highways Authority of India.
Corporations: Tata Motors, Mahindra and Mahindra, Bajaj Auto.
Competitors of Infibeam:
Digital payment solutions:
Domestic players: Razorpay, Paytm, Bill Desk, Phonepe.
International players: PayPal, stripe, MasterCard, and Visa.
Enterprise Software Solutions:
Domestic players: Shopclues, GoFrugal, Pine Labs.
International players: Shopify, Magento, and SAP.
Fundamentals of Infibeam Avenues
Sector | Fintech |
Market Cap | 8085.07 Cr. |
PE | 56.95 |
PB | 2.58 |
Dividend Yield | 0.18% |
Book Value | 11.29 |
Cash | 168.98 Cr. |
DEBT | 0 Cr. |
ROE | 22.53% |
ROCE | 6.43% |
Sales Growth | 53.09% |
Profit Growth | 93.96% |
Fundamental analysis of Infibeam Avenues
Infibeam has shown consistent revenue growth exceeding 40% annually for the last 3 years.
The profit of the company is increasing with an increase in net income although its profit margins remain relatively low compared to some competitors.
The company has low debt.
The company has maintained a healthy cash flow with a favorable cash conversion cycle.
Profitability ratios:
Return on Equity: The ROE of the company is 22.53% which shows a good return on shareholders’ investment.
Return on Assets: The ROA of the company is 7.141% which shows efficient use of company assets.
Net Profit Margin: The net profit margin of the company is 7.71% which is slightly lower compared to the same competitors.
Liquidity Ratios:
Current ratio: The current ratio of the companies is 2.87X which is sufficient to cover shorter obligations.
Quick Ratio: The quick ratio of the company is 2.73X which is similar to the current ratio indicating healthy liquidity.
Solvency Ratios:
Debt to Equity ratio: The DOE of the company is 0.06X which is minimum debt, which makes the company financially stable.
Interest Coverage Ratio: The interest coverage ratio of the company is 86.29X which shows that the company can comfortably cover interest payments.
Efficiency Ratios:
Cash Conversion Cycle: The company has 9.92 days of cash conversion cycle which indicates efficient cash management which means the company quickly Converts sales into cash.
Inventory Turnover Ratio: The company has efficient inventory management and the inventory turnover ratio is 17.93X.
Valuation ratios:
Price to Earnings Ratio: The PE ratio of the companies is 48X which is higher than the average Indian market reflecting potential for future growth of the company.
Price to Book Ratio: The PB ratio of the company is 5.01X which indicates a premium valuation compared to its book value.
The Balance Sheet of the Infibeam Avenues
Item | FY19 | FY20 | FY21 | FY22 | FY23 (Estimated) | FY24 (Estimated) |
Total Assets | 192.64 | 262.05 | 342.18 | 471.09 | 610.50 | 783.25 |
– Current Assets | 148.04 | 190.40 | 237.47 | 311.27 | 413.00 | 532.75 |
– Non-Current Assets | 44.60 | 71.65 | 104.71 | 159.82 | 197.50 | 250.50 |
Total Liabilities | 149.37 | 192.91 | 225.01 | 293.63 | 380.00 | 492.00 |
– Current Liabilities | 133.86 | 167.76 | 185.35 | 238.37 | 310.00 | 400.00 |
– Non-Current Liabilities | 15.51 | 25.15 | 39.66 | 55.26 | 70.00 | 92.00 |
Shareholder Equity | 43.27 | 69.14 | 117.17 | 177.46 | 230.50 | 291.25 |
The total Assets of the company have been growing over the years, with a projected increase of 28% in the financial year 2024.
Current current assets of the company increase in total assets which indicates efficient cash management.
Non-current assets of the company have shown steady growth, which reflects investments in long-term assets like property, plant, and equipment.
The total liabilities of the company are at a lower rate which indicates responsible debt management.
PNL of Infibeam Avenues
Item (INR crores) | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 (Estimated) |
Revenue | 563.62 | 406.72 | 453.54 | 1,047.86 | 1,653.40 | 2,262.00 |
Cost of Goods Sold | 455.45 | 240.78 | 255.60 | 655.72 | 1,020.00 | 1,404.00 |
Gross Profit | 108.17 | 165.94 | 197.94 | 392.14 | 633.40 | 858.00 |
Operating Expenses | 105.33 | 159.16 | 180.41 | 302.49 | 450.00 | 567.00 |
Earnings Before Interest Tax (EBIT) | 2.84 | 6.78 | 17.53 | 89.65 | 183.40 | 291.00 |
Interest Income/Expense (Net) | 10.56 | 6.45 | (1.94) | (6.50) | – | – |
Profit Before Tax (PBT) | 13.40 | 13.23 | 15.59 | 83.15 | 183.40 | 291.00 |
Income Tax Expense | 6.64 | 2.72 | 4.21 | 26.84 | 58.00 | 94.00 |
Net Income (PAT) | 6.76 | 10.51 | 11.38 | 56.31 | 125.40 | 197.00 |
EPS (INR) | 0.18 | 0.27 | 0.30 | 0.32 | 0.36 | 0.45 |
The Revenue of the company has been growing over the years with a projected increase of 36% in the financial year 2024.
Cost of Goods Sold: The cost of goods sold is increasing along with revenue but at a slower rate which indicates improved cost management.
Gross Profit: The gross profit of the company is steadily growing which contributes to overall profitability.
Operating Expenses: Operating expenses are increasing as the company expands, but a decreasing percentage of revenue, suggests improving operational efficiency.
EIBT: The EIBT of the company is significantly growing year on year, which reflects strong operational performance.
Dividend History of Infibeam Avenues:
Year | Ex-Dividend Date | Announcement Date | Dividend per Share (INR) | Payout Ratio (%) |
2023 | Sep 18, 2023 | Sep 15, 2023 | 0.05 | 56% |
2022 | Feb 07, 2022 | Jan 17, 2022 | 0.05 | 28% |
2021 | Oct 23, 2021 | May 27, 2021 | 0.05 | 50% |
2020 | Nov 18, 2019 | Oct 22, 2019 | 0.10 | 24% |
2019 | Oct 29, 2018 | Sep 30, 2018 | 0.10 | 50% |
The payout ratio has varied between 24% and 56% which indicates a balance between shareholder’s return and investment for future growth.
Infibeam Avenues Share Price Targets
Year | Minimum | Maximum |
2024 | 27 | 40 |
2025 | 33 | 50.55 |
2030 | 178 | 264 |
2040 | 270 | 440 |
2050 | 524 | 763 |
Infibeam Avenues Share Price Target 2024
As the company is growing and expanding its businesses to other fields we are expecting the Infibeam Avenues Share Price Target 2024 will be a minimum of 27 and a maximum of 40.
Infibeam Avenues Share Price Target 2025
The company has strong management and teamwork work which will boost the future growth of the company so we are expecting Infibeam Avenues Share Price Target 2025 will be a minimum of 33 and a maximum of 50.55.
Infibeam Avenues Share Price Target 2030
The financial health indicates that the company has a bright future so we are expecting Infibeam Avenues Share Price Target 2030 will minimum of 178 and a maximum of 264.
Infibeam Avenues Share Price Target 2040
The company increasing its assets and decreasing its liabilities and the company also reinvesting in the company so we are expecting the Infibeam Avenues Share Price Target 2040 will be a minimum of 270 and a maximum of 440
Infibeam Avenues Share Price Target 2050
Infibeam Avenues Share Price Target 2050 will be a minimum of 524 and the maximum will be 763.
Share Holding Pattern of Infibeam Avenues
Category | Shareholding | Percentage Holding |
Promoter & Promoter Group | 294,557,252 | 30.60% |
Foreign Institutional Investors (FIIs) | 199,638,558 | 19.93% |
Domestic Institutional Investors (DIIs) | 141,102,723 | 14.42% |
Public & Retail Holding | 446,682,832 | 45.05% |
The promoter holding in the company is 30.60%. Which indicates their commitment to the company’s long-term vision.
Foreign institutional investors holding in the company is 19.93%. Which indicates confidence in its growth potential.
Domestic institutional investors holding in the company is 14.42%.
The public holding in the company is 45.05%.
Recent News of Infibeam avenues:
Mr. Rajesh Kumar SA has been appointed as CEO of Phronetic AI a subsidy company for Infibeam avenues.
Infibeam signed a Rs. 200 crore Memorandum of understanding with the Gujarat government for various digital innovations like e-governance and e-commerce platforms.
The company acquired a 49% stake in Pirimid Fintech, which is a platform offering leading solutions for small and medium businesses.
Read more: Jio Financial Services (JIO FSL) Share Price Target 2024, 2025, till 2030
Conclusion:
Overall the fundamentals of Infibeam are very good. The company reduced its debts and increased its assets by reinvesting its major portion of profits in the company. The company also acquired some startup Fin-techs to reduce competition which indicates the company has a strong future vision. So overall the is well established now. So before investment consider all market conditions and this is not a buy-sell recommendation.
FAQ:
What is Infibeam Avenues Share Price Target 2025?
The company has strong management and teamwork work which will boost the future growth of the company so we are expecting Infibeam Avenues Share Price Target 2025 will be a minimum of 33 and a maximum will 50.55.
What is Infibeam Avenues Share Price Target 2030?
The financial health indicates that the company has a bright future so we are expecting Infibeam Avenues Share Price Target 2030 will minimum of 178 and a maximum of 264.
What is Infibeam Avenues Share Price Target 2024?
As the company is growing and expanding its businesses to other fields we are expecting the Infibeam Avenues Share Price Target 2024 will be a minimum of 27 and a maximum of 40.