Avenuesai Ltd · NSE:CCAVENUE
Avenuesai — Infibeam Avenues — Q1 FY23 Earnings Presentation
29 slides from Avenuesai's earnings presentation, Aug 4, 2022
Slide 1: Exchange intimation letter for investor presentation
INFIBEAMN AVENUES August 04, 2022 ---Exchange of India Limited I Towers, Plaza, Complex, i Mumbai - 400 001 Mumbai - 400 051 I I I' I Company Code No.: 539807 Company Symbol: INFIBEAM I - - - - - ·--~_j Dear Sir / Madam, Sub: Investors Presentation on Unaudited Financial Results for the quarter ende
Slide 2: Earnings & Investor Presentation 1Q FY23
Purpose Fuels Growth PAYMENTS | PLATFORMS Powering Infinite eCommerce A Global FinTech Company Earnings & Investor Presentation 1Q FY23 (Apr’22 – Jun’22) 04 – Aug – 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 (2016) with consistent PROFITABLE track record Key Highlights • A Digital Payment Infrastructure company built over two decades; o omni-channel & full-stack B2B digital payment solutions (Payments), India’s First Retail India’s First Enterprise eCommer
Slide 6: Pioneers in Fintech
Pioneers in Fintech Twenty years of history in fintech innovation • first fintech to get listed on NSE and BSE • Went Live with Jio Platforms to • first RBI licensed optg unit to offer Platform & Payment onboard billers & agents • Applied for NUE in consortium • Exclusive contract with GeM with Jio,
Slide 7: The Fintech Universe
The Fintech Universe Fintech revenue models • Large untapped market • Tech focused • High volume • High volume & value • Profitable cross sell • Sticky & consistent opportunity OFFERINGS BUSINESS LOGIC OFFERINGS BUSINESS LOGIC Platforms Stickiness Payments Infra Access to newer tech Payments MDR ear
Slide 8: Management Focus and Strategy
Management Focus and Strategy Making the merchant Digital, Credible and Bankable (DCB) Making the Merchant; • Digital – Payment and Platform solutions • Credible – Digital Transactions • Bankable – Lending • Lending platform to provide credit upto grassroot • Bridges the gap between banks and mercha
Slide 9: Business Model – Merchant Centric
Business Model – Merchant Centric Well positioned to leverage the Trillion-dollar opportunity TPV: INR 50,952 crore Making the Merchant; (up 66% YoY) • Digital – Payment and Platform solutions • Credible – Digital Transactions • Bankable – Lending TPV: INR 36,300 Cr (up 100% YoY) TPV: INR 1,475 cr (
Slide 10: Building Payments Infrastructure – Banks Centric
Building Payments Infrastructure – Banks Centric De-risked and sustainable business model • Access to untapped merchants • Merchants prefer cheaper bank loans than expensive money lenders • Straight Through Processing (STP), superior underwriting thru data analytics (lower Bank NPAs) • Retail paymen
Slide 11: Financial & Operational Performance – Q1 FY23
FINANCIAL & OPERATIONAL PERFORMANCE – Q4’22 First Listed Fintech in India
Slide 12: Key Management Message
Key Management Message Strong growth to continue Vishal Mehta; Managing Director: “The return of demand has been tremendous, and it's ever-growing. We see demand and economic activities improving now in the near future. We have registered TPV growth of 72% year-on-year across our fintech offerings i
Slide 13: Key Business Developments
Key Business Developments • Incorporated a subsidiary in Australia to launch payments • Launched CCAvenue Mobile App, World's Most Advanced Omni-Channel Payment Platform with TapPay, India's first Pin-On-Glass Solution • Appointed IISc alumni Rahul Hirve as the Chief Executive Officer to lead CCAven
Slide 14: Superior Growth on Operational Front
Superior Growth on Operational Front Growth acceleration across all business segments Total Transaction Processing Value (INR crore) Particulars Q1 Q1 % change Q4 % change (INR crore) FY 23 FY 22 YoY FY 22 QoQ 85,500 87,218 $26 bn India Payments (TPV) 43,736 29,019 51% 40,591 9% 75,430 64,300 Net Ta
Slide 15: Consolidated Earnings Performance Snapshot – Q1 FY23
Consolidated Earnings’ Performance snapshot – Q1 FY23 Q1 FY23 Consolidated Total TPV Gross Revenue Net Revenue (NR) Total Payments NTR EBITDA PAT INR 87,218 cr * INR 418 cr INR 74 cr 6.8 bps INR 43 cr INR 23 cr $ 11.6 bn $ 55.8 mn $ 9.8 mn $ 5.7 mn $ 3.0 mn 51 % YoY 69 % YoY 72 % YoY 93 % YoY 41 % Y
Slide 16: Superior Financial Performance
Superior Financial Performance Growth across all key parameters Consol. P&L (FYE Mar 31, 20xx) Q1 Q1 change in INR crore FY21 FY22 YoY FY23 FY22 YoY 87,218 50,651 139,405 2,75,892 Total TPV 72% 98% ($11.6 bn) ($6.8 bn) ($19 bn) ($37bn) India Payments NTR (bps) 6.9 5.4 26% 8.4 5.2 -38% Gross Revenue
Slide 17: Robust Financial Management
Robust Financial Management Consistent & exponential growth at scale for the last 5 years Total Transaction Processing Value (INR Crore) Gross Revenue (INR crore) 38% 3,48,872 5yr CAGR standalone 66% 2,75,890 5yr CAGR 1673 1512 1,39,406 1294 1168 69,220 87,930 676 577 27,590 FY 2021 FY 2022 FY 2023E
Slide 18: 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 19: 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 20: 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 § Launching in Australia GCC § Plans to launch a PG § MEA ex-GCC § Partnered with Local service in top 3-4 § Given the success story
Slide 21: Opportunity and Guidance
Opportunity and Guidance First Listed Fintech in India
Slide 22: 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 21
Slide 23: Key Growth Drivers
Key Growth Drivers Large untapped market with various cross sell opportunities Supportive demographics, wide internet & mobile penetration, affordable smartphones & data pricing Payments – Macro Tailwinds Increasing preference towards digital payments Favorable Government initiatives and regulations
Slide 24: India's Fintech Landscape
India’s Fintech Landscape Opportunity and Outlook How Big is the Opportunity? Ready to Capture the Bigger Pie Digital Payments Market : Transaction Value (INR Trillion) 385 Accelerating towards our Guidance of $100bn by the end of 2024 302 AGR %C ~4 5 228 Transaction Processing Value (TPV) 162 110 $
Slide 25: Annexure
Annexure First Listed Fintech in India
Slide 26: Transformational Technology To Enhance Offline User Experience
Transformational Technology To Enhance Offline User Experience Seamless payment experience for merchants across online and offline business models 25
Slide 27: An all-in-one mobile app
An all-in-one mobile app The world's most advanced omni-channel payment app • Zero contact payments • Payment status • Capture/cancel payments • Refunds • Business performance • Request payments from anywhere, at any time • Discounts & Promotions • Robust security • Zero / Negligible cost Use cases
Slide 28: GeM Snapshot
GeM Snapshot A remarkable journey! Infibeam Avenues began here – Crossed INR 50,000 crore in 123 days in FY23 GeM 1.0 went Live on 26 Jan 2018 Source: As tweeted by Hon. Prime Minister (link), GeM vs. 224 days in FY22 27
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