For FY26, Infibeam guided for gross revenue of Rs 50 billion–55 billion, implying a 25–38% YoY growth. Net Revenue is expected at Rs 5,400–6,000 mn, translating to 3–14% YoY expansion. Management expects to meet the upper end of the revenue guidance. Ebitda is projected in the range of Rs 3,250– 3,500 million, reflecting a 4–12% YoY increase. PAT is guided at Rs 2,100–2,200 million, up flat-5% YoY growth.
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Dolat Capital Report
Infibeam Avenues Ltd. continues to carve a niche in the competitive fintech landscape, showcasing both growth and profitability over two decades. Its strategic investments in AI and international expansion are poised to drive the next phase of its evolution.
We expect a revenue CAGR of 17.3% over FY26E-FY40E and expect Ebit to average 8% over the forecast period of FY26E-FY40E.
Factoring this, we have arrived at a DCF-based targetprice of Rs 25 (implies PER of 20x FY28E EPS), and we maintain our ‘Buy’ rating on the stock.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
RECOMMENDED FOR YOU
Why Curiosity, Insecurity Make Better Leaders
Singing Of 'Vande Mataram' To Be Made Mandatory In All UP Education Institutions: CM
India Unveils AI Governance Framework, Opts For ‘Light-Touch’ Oversight
The 'Gratitude Audit' We All Need This Diwali
POPULAR