Avenuesai Ltd · NSE:CCAVENUE
Avenuesai — Infibeam Avenues — Q4 FY22 Earnings Presentation
29 slides from Avenuesai's earnings presentation, May 9, 2022
Slide 1: Cover letter to stock exchanges
FIBE E UES May 09, 2022 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai- 400 001 Bandra (East), Mumbai - 400 051 Company Code No.: 539807 Company Symbol: INFIBEAM Dear Sir / Madam, Sub: Investors Present
Slide 2: Earnings & Investor Presentation 4Q FY22
Purpose Fuels Growth PAYMENTS | PLATFORMS Powering Infinite eCommerce A Global FinTech Company Earnings & Investor Presentation 4Q FY22 (Jan’22 – Mar’22) 1 09 – May – 2022
Slide 3: Disclaimer
Disclaimer This presentation contains certain words and statements concerning Infibeam Avenues Limited (“the Company”) and its prospects, and other statements relating to the Company’s expected financial position, business strategy, the future development of the Company’s operations and the general
Slide 4: Company Overview
COMPANY OVERVIEW First Listed Fintech in India
Slide 5: Company Overview
Company Overview • India’s First listed fintech company (listed in 2016) with a consistent Key Highlights PROFITABLE track record • A Payment Infrastructure company; Offering omni-channel and full- India’s First Retail India’s First Enterprise stack B2B Digital Payments solutions (Payments), enterpr
Slide 6: The Fintech Universe
The Fintech Universe Fintech revenue models OFFERINGS BUSINESS LOGIC OFFERINGS BUSINESS LOGIC Platforms Stickiness Payments Infra Access to newer tech Payments MDR earnings, Low CAC Assisted disbursement Lending growth to new merchant base Finance Earnings from interest charged Company is focused on
Slide 7: Business Model – Merchant Centric
Business Model – Merchant Centric Well positioned to leverage the Trillion-dollar opportunity TPV: INR 1,70,000 Cr Making the Merchant; (up 75% YoY) • Digital • Credible • Bankable TPV: >INR 1,00,000 Cr (up 175% YoY) TPV: INR 4,240 Cr (up 6x YoY) TPV: INR 10,000+ Cr (up 63% YoY) Coming Soon 5+ mn Ho
Slide 8: Building Payments Infrastructure – Banks Centric
Building Payments Infrastructure – Banks Centric De-risked and sustainable business model Fintech expertise leading to global advantage 7
Slide 9: Financial & Operational Performance – Q4'22
FINANCIAL & OPERATIONAL PERFORMANCE – Q4’22 First Listed Fintech in India
Slide 10: Key Management Message
Key Management Message Vishal Mehta; Managing Director: “We are focused on creating a superior ‘Payments Infrastructure’ company, which provides a seamless and holistic digital payments solution to merchants and helps them access capital at the click of button. Through our comprehensive offerings co
Slide 11: Key Operational Highlights
Key Operational Highlights Q4 FY22 Key Business Updates FY22 Key Business Updates ➢ Acquired and integrated a Soft-POS company, Uvik ➢ Launching Saudi Arabia and USA in 2H’FY23 Technologies (See Annexure – CCAvenue TAPPay) • Will evaluate other intl. locations for subsequent launch • only company in
Slide 12: Consolidated Earnings' Performance snapshot – Q4 FY22 and FY22
Consolidated Earnings’ Performance snapshot – Q4 FY22 and FY22 Q4 FY22 Earnings Performance Total TPV Gross Revenue Net Revenue (NR) Net Take Rate EBITDA PAT INR 85,500 cr * INR 370 cr INR 76 cr 6.7 bps INR 45 cr INR 28 cr $ 11.2 bn $ 49 mn $ 10 mn $ 6 mn $ 4 mn 70 % YoY 84 % YoY 15 % YoY 4.8 bps in
Slide 13: Key Q4 FY22 highlights
Key Q4 FY22 highlights Growth acceleration across all business segments Total Transaction Processing Value (INR crore) Particulars Q4 Q3 % change Q4 % change (INR crore) FY22 FY22 QoQ FY21 YoY 85,500 75,430 64,300 $26 bn Total Payments (TPV) 47,811 48,055 -1% 30,184 58% 50,651 Payment Net Take 6.1 5
Slide 14: Financial Performance
Financial Performance Profitable growth focus Consol. P&L (FYE Mar 31, 20xx) Q4 Q4 change Q3 change FY21 FY22 YoY in INR crore FY22 FY21 YoY FY22 QoQ Total TPV 85,500 50,391 70% 75,430 70% 139,405 2,75,892 98% ($11.2 bn) ($6.7 bn) ($10 bn) ($19 bn) ($37bn) Net take rate (bps) 6.7 4.8 40% 6.2 40% 7.8
Slide 15: Robust Financial Management
Robust Financial Management Consistent performance Total Transaction Processing Value (INR Crore) Gross Revenue (INR crore) 2,75,890 85% $37 bn 40% 5yr CAGR 4yr CAGR standalone 1,39,406 1294 1168 87,930 $19 bn 69,220 676 577 27,590 $12 bn 12,620 FY 2021 FY 2022 FY17 FY18 FY19 FY20 FY21 FY22 Consolid
Slide 16: Strong Balance Sheet
Strong Balance Sheet Generating superior returns for the shareholders Return on Equity % Return on Capital Employed % Return on Assets % 16.4% 5.9% 5.5% 14.9% 11.6% 4.3% 11.0% 3.7% 9.4% 6.9% 5.5% 5.8% 1.6% 2.2% 2.5% FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 ↗ Strong
Slide 17: Revenue and Cost Drivers
Revenue and Cost Drivers Building a scalable business model Payment Gateway Bill Payments GeM platform eComm. platform Lending Businesses • CCAvenue (Ind + Intl) • BillAvenue • Marketplace for • Marketplace for • TrustAvenue • CCAvenue Soft POS Enterprise Enterprise • Express Settlement • ResAvenue
Slide 18: Opportunity and Guidance
Opportunity and Guidance First Listed Fintech in India
Slide 19: India's Digital Payments
India’s Digital Payments Outlook and Opportunity Digital Payments Industry 2022 Actual 2027 Est. 2032 Est. Units – India 1 (Mar 2021) (Mar 2026) (Mar 2032) H2 FY22 Avg monthly Digital Payments 2 US$ bn 47 180 450 5 year CAGR % >50% 35% 20% (2017-2022) (2022-2027) (2027-2032) H2 FY22 Avg monthly Digi
Slide 20: Significant Embedded Business Growth Drivers
Significant Embedded Business Growth Drivers Diversified and Scalable Portfolio India growth International expansion New businesses ➢ Omni-Channel Payments ➢ GCC (UAE, KSA, Oman, Bahrain, ➢ Offline Payments Kuwait, Qatar) ➢ Lending ➢ GeM + Jio Platforms ➢ USA ➢ Working capital loans, express ➢ Payme
Slide 21: Guidance FY23
Guidance FY23 Well-poised for Growth TPV ~INR 4.0 lac crore $53 bn Gross Revenue EBITDA PAT ~INR 1,600-1,700 crore ~INR 170-190 crore ~INR 110-125 crore 20
Slide 22: Annexure
Annexure First Listed Fintech in India
Slide 23: Accelerating towards our Guidance of $100bn by the end of FY24
Accelerating towards our Guidance of $100bn by the end of 2024 Transaction Processing Value (TPV) $ 19 INR 1,39,400 crore FY21 billion $ 49 INR 3,67,175 crore * up 79% YoY billion * Q4’22 based, Annualised run-rate 22
Slide 24: Newly Launched
INFIBEAM Newly AVENUES Launched CCAVENUE __ pay A Cloud PoS APIs for In-Store Payments
Slide 25: Challenges in Card Payment
a, CCAVENUE _ II INFIBEAM™ AVENUES TAPpaYy CHALLENGES IN CARD PAYMENT S Costly PoS hardware devices = Last mile reach due to device dependency @ Risk of card details storage in checkouts ES Full potential of card acceptance yet to be realized
Slide 26: Transformational Technology To Enhance User Experience In Offline Payments
Transformational Technology To Enhance User Experience In Offline Payments Seamless payment experience for merchants across online and offline business models • Entrepreneurs and small businesses are looking for solutions to help them adapt and meet customers wherever they are. With Tap to Pay, indi
Slide 27: GeM Snapshot
GeM Snapshot A remarkable journey! Infibeam Avenues began here – GeM 1.0 went Live on 26 Jan 2018 Source: As tweeted by Hon. Prime Minister (link) 26
Slide 28: International expansion plans for becoming a global fintech player
International expansion plans for becoming a global fintech player Accelerating eCommerce in the fast growing economies globally Other Geographies South East Asia USA ▪ MEA ex-GCC GCC ▪ Plans to launch a PG ▪ Eastern Europe ▪ Partnered with Local service in top 3-4 ▪ Given the success story ▪ Few de
Slide 29: Thank You
PAYMENTS | PLATFORMS Thank You Investor Relations Purvesh Parekh purvesh.parekh@ia.ooo +91 9930554588 To know more, visit us at: www.ia.ooo | www.ccavenue.com