Avenuesai Ltd · NSE:CCAVENUE
Avenuesai — Infibeam Avenues — Q3 FY2021 Earnings Presentation
20 slides from Avenuesai's earnings presentation, Feb 11, 2021
Slide 1: Exchange filing cover letter for investor presentation
FIBEA E UES February 11, 2021 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 P
Slide 2: Accelerating eCommerce Q3'21 Investor Presentation
Accelerating eCommerce PAYMENTS | PLATFORMS In the fast growing digital economies of the world A Global FinTech Company Q3’21 Investor Presentation 3Q FY21 11 Feb 2021
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: Business Overview
BUSINESS OVERVIEW
Slide 5: Company overview
Company overview ➢ Founded in 2007, based in India, started as an eCommerce enabler, 1.7+ mn Rs 100,000+ cr Rs 80,000+ cr Top 2 entered into the payments sector through the merger with India’s merchants; CY 2021 Payments orders processed in India & leading payment gateway platform CCAvenue in 2017 (
Slide 6: Two core business lines (Payments & Platforms) with multiple vectors for future growth
Two core business lines (Payments & Platforms) with multiple vectors for future growth Full Stack B2B Digital Payment Solutions Enterprise Software (SaaS) Platforms Payment Gateway Payment Gateway B2B + Entp. eCommerce Neo banking Bill Payments Hospitality + White Label Services (CPGS) White Label S
Slide 7: Payment business' monetization ecosystem
Payment business’ monetization ecosystem Multiple sources of revenue generation per transaction revenue model 6
Slide 8: Instant Global Paytech subsidiary - Go Payments
SUBSIDIARY (52.4%) – Instant Global Paytech Empowering unbanked to access digital financial services ➢ Operates through the brand ‘Go Payments’ to provide domestic remittance services such as domestic money transfer (DMT), mobile recharges, bill payments, pre-paid cards, travel MONEY TRANSFER RECHAR
Slide 9: Investee Co. - Avenues Payments
INVESTEE CO. – AVENUES PAYMENTS One stop platform for banks and businesses to launch remittance service ➢ End-to-end plug and play bank grade tech platform (B2C & B2B) for cross-border remittances and payments ➢ Can be white labelled for banks with blockchain technology to launch cross-border paymen
Slide 10: 3Q'21 Business Updates
3Q’21 BUSINESS UPDATES | \
Slide 11: Business developments during Q3 '21
Business developments during Q3 ‘21 ➢ Strong operating performance leading to best ever quarterly performance o Adj. PAT Rs. 15 cr (↑95% qoq), Revenue Rs. 228 cr (↑53% qoq); EBIT Rs. 23 cr (↑33% qoq) o Payments Gross Transaction Value (GTV): Rs. 27,916 cr; (31% QoQ, 76% yoy); monthly run-rate Rs. 9,
Slide 12: Strong operating performance in Payments business
Strong operating performance in Payments business ➢ Sharp jump in payments processed o Monthly GTV Rs. 9,200 cr vs ~Rs. 8000 cr qoq (India + UAE) Covid impacted o FY21 exit GTV target (i.e. March 2021) Rs. 10,000-11,000 cr quarter 27,916 ➢ Credit Card spend 2.5x vs. Apr’20 22,777 15,852 16,869 ➢ Str
Slide 13: Growing demand for CPGS - revenue and profitability driver
New business – CCAvenue Payment Gateway Services (backward integration in PG) Growing demand for CPGS – revenue and profitability driver CPGS – An on-premises and SaaS based global payment solution to process cards of various payment networks (like Visa/Mastercard/Amex and more) for financial instit
Slide 14: A hosted e-commerce platform built for large scale eCommerce implementation
Enterprise Software Platforms: end-to-end ecommerce marketplace platform & services A hosted e-commerce platform built for large scale eCommerce implementation Business Overview ➢ A cloud-based, e2e SaaS platform allowing corporates to transact online, manage the back-end (orders, inventory & logist
Slide 15: Financial & Operational Performance
FINANCIAL & OPERATIONAL PERFORMANCE
Slide 16: 3Q FY21 Financial performance - Growth acceleration continues in Payments
3Q FY21 Financial performance – Growth acceleration continues in Payments Particulars (Consolidated) Q3 Q2 Q3 ➢ In FY21, so far, we have structured the pricing in payment QoQ in INR crore FY21 FY21 FY20 business for capturing market opportunities in line with the Payments GTV 27,916 22,780 23% 15,85
Slide 17: New opportunity: applying for RBI NUE license
New opportunity Applying for RBI governed pan-India new umbrella entity (NUE) license, for retail payment system ➢ RBI intends to create NPCI-like entity(ies), a for-profit organisation ➢ Opportunity o to broaden digital payments reach and achieve GoI’s vision to make India a o Large (more than 70%)
Slide 18: Significant embedded business growth drivers
Significant embedded business growth drivers India growth International expansion New businesses ➢ PG (Payment Gateway) ➢ GCC (KSA, Bahrain, Kuwait, Qatar) ➢ CGPS – Processing online card payments for banks ➢ BillAvenue ➢ USA ➢ Neo banking for SMEs & Corporates – ➢ GeM (Gov. of India e-Marketplace)
Slide 19: Infibeam Avenues vs peers' performance and valuation
Infibeam Avenues vs peers’ performance and valuation India International Comparable Peers Unit IAL Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Payments processed US$ bn 15 50 19 8 308 962 44 43 Valuation (EV) US$ bn 0.75 2.5 2.5 1.2 66 312 155 96 EV / Revenue x 8.5 10.1 15.2 17.2 17.5 14.5 62.9
Slide 20: 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.ooo