• Event Type: Q2 FY2027 Earnings Conference Call discussing financial performance for quarter and half year ended September 30, 2026
  • Event Date and Time: Conducted on Friday, November 06, 2026, after the meeting of Board of Directors
  • Purpose: Discussion of quarterly results, strategic business outlook, and growth initiatives
  • Management Participants:
  • Mr. Vishal Mehta – Chairman and Managing Director
  • Mr. Vishwas Patel – Managing Director and Chief Executive Officer
  • Mr. Sunil Bhagat – Chief Financial Officer
  • Mr. B. Ravi – Independent Consultant and Advisor Corporate and Financial Strategy
  • Moderator: Mr. Rajat Gupta from Go India Advisors LLP
  • Availability: Transcript made available on company website www.avenuesai.com and filed with stock exchanges
  • Compliance: The call included forward-looking statements with appropriate risk disclosures

Financial Period Discussed: Q2 FY2027 (quarter ended September 30, 2026) and H1 FY2027 (half year ended September 30, 2026)

Financial Highlights:

  • Q2 FY2027 Revenue: INR 2,879 crores (47% YoY growth from INR 1,965 crores)
  • Q2 FY2027 Operating EBITDA (ex-other income): INR 98.9 crores (vs INR 96.2 crores year earlier)
  • Q2 FY2027 PAT: INR 71.70 crores (6% growth from INR 67.6 crores)
  • H1 FY2027 Revenue: INR 5,560 crores (71% YoY growth)
  • H1 FY2027 Operating EBITDA (ex-other income): INR 199 crores (19% growth)
  • H1 FY2027 PAT: INR 156 crores (24% growth)
  • Q2 TPV: INR 1.77 lakh crores (19% sequential growth)
  • Net take rate: 5.06 basis points (4% sequential reduction)
  • Cash and equivalents: INR 546.5 crores as of September 30, 2026
  • Operating cash flow (H1): Negative INR 192 crores due to working capital movements from accelerated merchant settlements

Strategic Themes and Forward-looking Statements:

  • Company evolving from payments technology to AI-first fintech infrastructure company
  • Three growth pillars: Rediff integration, international expansion, and transaction intelligence (TISco)
  • Rediff annualized revenue run rate: >INR 200 crores with ~INR 100 crores profit
  • RediffPay UPI received NPCI approval in October 2026
  • International presence in UAE, Saudi Arabia, Oman; US expansion planned
  • FY2027 Revenue guidance maintained at INR 11,000-13,000 crores
  • FY2027 EPS guidance maintained at INR 8.75-9.5 per share
  • Expecting INR 50,000 crores - INR 1 lakh crores incremental TPV in next 24 months from new partnerships

Product Launches Mentioned:

  • Apple Pay integration with Oberoi Hotels Group
  • AI Forms for dynamic payment form creation
  • WhatsApp in-stream payments through Meta partnership
  • WhatsApp Rocket for faster checkout
  • CommerceAI 2.0 built on Google's A2A platform
  • Tap-to-own device payment technology
  • ResAvenue hospitality solution serving 3,000+ hotels

Additional Notes Section

  • Attachments: The regulatory filing includes the full transcript of the earnings conference call
  • Financial Data: Extensive financial data was disclosed in the transcript including revenue, EBITDA, PAT, TPV, take rates, and balance sheet positions
  • Compliance Language: The call included appropriate forward-looking statement disclaimers and risk disclosures
  • No UPSI: The company did not explicitly state that no unpublished price sensitive information would be shared