Total
Revenue
↑ to
1031mn
|PAT↑
237
%
to
Rs.
96mn
(YoY same
period)
Highlights
of
the
Consolidated
Financial
Result
for
Q1
Ended
June
30th,
2016
- Service Revenue grew by 43 % to Rs. 322 mn vs. Rs. 225 in Q1 FY’16
- Product Revenue grew by 15 % to Rs. 709 mn vs. Rs. 617 in Q1 FY’16
- Total Revenue grew by 22 % to Rs. 1031 mn vs. Rs. 843 in Q1 FY’16
- EBITDA grew by 139 % to Rs. 169 mn vs. Rs. 71 mn in Q1FY’16
- Profit after tax on Total Revenue grew by 237 % to Rs. 96 mn vs. Rs. 28mn in Q1FY'16.
Infibeam
Incorporation
Limited
(the
“Company”)
declared
its
Consolidated
Financial
Results
for
the
first
quarter
(Q1FY’16-17)
ended
June
30,
2016.
Compared
to
Q1FY’
15-16
the
company
has
outperformed
in
Q1FY’
16-17
result
reporting
growth
in
Product
and
Service
Segment
business.
The
company
has
reported
growth
in
product
revenue
by
15%
and
service
revenue
by
43%
compared
to
corresponding
Q1FY’
15-16.
This
is
the
first
Quarter
Result
reported
by
the
company post
listing
which
was
on
April
04, 2016.
Highlights
of
Quarterly
Results
–
June
2016
Rs.
In
Million
|
|||||
Q1
April
-June-15
|
Q1
April
June-16
|
%
Increase
|
|||
Service
|
225
|
322
|
43
|
||
Product
|
617
|
709
|
15
|
||
Total
Revenue
|
843
|
1,031
|
22
|
||
PAT
|
28
|
96
|
237
|
||
EBITDA
|
71
|
169
|
139
| ||
Operational Reviews:
Service Segments:
New Development in First Quarter
The Q1FY’17 marks the beginning of Milestone Journey for the company with some of the most prominent customers signing up with the company for their e-commerce platforms
Infibeam powering digital marketing of AMUL and Saudi Telecom
The total
number
of registered
merchants
on
platform
as
on 31.3.2016 was
53633 which
has
increased
to
57482
as
on
30.06.2016.
Infibeam
recorded
a
growth
in
Services
Revenue
by
43
%
to Rs.
322 mn
compared
to Rs.
225mn
in Q1 FY’16.
Infibeam
is
unique
company,
in
the
global
e-commerce
market,
have
achieved
a rare
distinction
by
providing
an
integrated
and
synergistic
business
model
for
B2B
and
B2C
segment
of
customer
on
cloud
based
infrastructure,
enabling
online
sale
of
product
and
services
for
merchants
locally
as
well
as
globally.
Infibeam
has
built
BuildaBazaar
platform
(www.buildabazaar.com)
for
enabling
online
e-commerce
services
for
merchants
to
sell
their
products
and
services
to
customers.
The
platform
so
used
by
the
merchant
is
provided
on
the
cloud
wherein
it
offers
the
ease
of
doing
business
at
an
affordable
cost.
It
is
a
unique
proposition
for
the local
and
global
merchants
to
use
this
cloud
based
platform
and
get
online
marketplace
instantaneously
with
ready
to
sell
products
on
the
web,
which
makes
Infibeam
a
unique
service
provider
in
the
global
marketplace.
The
scalability
of
this
business
model
is
so
high
for
Infibeam
now
which
helps
the
company
to
acquire
merchants
without
losing
money
and
thereby
growing
the
revenues
from
services,
yet
remain
profitable
and
cash
positive.
The
company
earns
revenues
by
offering
a
combination
of
set-up
cost
followed
by
monthly
fee
and
a
per-transaction
commission.
Product Segments
Infibeam.com,
the
e-commerce
marketplace
portal
of
the
company,
stays
positive
with
positive contribution
from
sale
of
goods.
Probably
the
only
company
in
e-commerce
marketplace
generating
cash
positive
performance.
Product
Revenue
grew
by
15
%
to
Rs.
709
mn
compared
to
Rs.
617
in Q1
FY’16.
Infibeam.com
provides
wide
range
of
products
across
40
product
and
service
categories,
including
mobile
and
tablets,
computer
and
accessories,
electronics
and
cameras,
housing
and
kitchen,
books
and
magazines
going
up to
fashion
products,
music,
travel
and
gifts.
The
company
has
more
than
5000
registered
merchants
who
sell
directly
on
Infibeam.com.
As
of
June
30th
2016,
the
company
has
more
than
15
mn
SKU’s
and
8.2Mn
active
users
on
Infibeam.com.
It
is
a
conscious
and
strategic
effort
of
the
management
to
be
positive
with
contribution
in
this
crowded
e-commerce
space
where
online
retailers
are
losing
money.
Infibeam
follows
the
strategy
of
forward
investing
while
ensuring
profitable
track record.
New Development in First Quarter
The Q1FY’17 marks the beginning of Milestone Journey for the company with some of the most prominent customers signing up with the company for their e-commerce platforms
Infibeam powering digital marketing of AMUL and Saudi Telecom
- Agreement with world’s largest milk producer AMUL, the Gujarat Cooperative Milk Marketing Federation (GCMMF) for developing online and mobile framework to enable Amul products “direct to home”
Infibeam
has
executed
an
agreement
with GCMMF
to
provide
online
e-commerce
and
mobile platform
with
integrated
logistics
framework
for
on-demand
customer
purchase
of
Amul
Products.
- Saudi Telecom Company selected Infibeam technology platform “Buildabazaar” to build its next generation mobile experience “JAWWY” (www.jawwy.sa)
Saudi
Telecom
Company
(STC),
the
largest
modern
mobile
network
operator
in
the
Middle
East,
recently
launched
“Jawwy
from
STC”,
a
new
digital
mobile
experience
for
today’s
tech
savvy
millennials.
Jawwy,
which
means
"my
way"
in
Arabic,
is
a
global
first,
utilizing
an
online,
digital-
first
service
model
featuring
its
own SIM,
app
and
freshly
designed
digital
channels
for
sales
and
customer
care.
STC
has
selected
Infibeam’s
technology
platform
BuildaBazaar
for
Jawwy
to
use
the
company’s
end-to-end
e-commerce
solution.
The
integration
of
Infibeam's
platform
with
social
media
allows
aggregation
of
users
from
all
social
media
networks,
enabling
Jawwy
to
integrate
digital
and
physical
retail
channels
to deliver
a
new
buying
experience
and
serve
its
target
market
more
nimbly
than
other
mobile
service
brands.
- Investment in payment Solution Company: CC Avenue, a leading payment processing solution provider in India.
The
company
thru
its
fully
owned
subsidiary
NSI
Infinium
Global
Pvt
Ltd
has
invested
Rs
600
Mn
in CC Avenue,
a
leading
payment
processing
solution
provider
for
thousands
of
merchants
across
Business
verticals.
The
role
of
payment
processor
is
very
crucial
under
e-commerce
model
for
completing
the
financial
transactions
after
the
purchase
is
made
by
the
customer.
For
Merchants,
the
payment
integration
is
a
very
critical/equally
important
for
expanding
his
merchandise
which
on
the
other
hand
results
into
higher
sales.
The
advantage
to
Infibeam
would
be
in
form
of
incremental
revenue
by
way
of
deep
integration
for
customers
shopping
on
BuildaBazaar
merchant
store
and
also
on
Infibeam.com.
- International Expansion: Setting up wholly owned subsidiary company in Dubai.
Infibeam Incorporation Limited is in the advance stage of setting up a Wholly Owned Subsidiary Company in Dubai. The Wholly Owned Subsidiary Company will be helpful in catering the services business of the Company in the MENA region and will also help in increasing the services revenue of the Company.
Update
on
IPO
listing
Infibeam
has
raised
Rs
4500
Mn
through
IPO
this
year
and
is
among
the
first
e-commerce
company
in
India
to
get
listed
on
Indian
stock
exchange.
As
on
12th
August,
2016
the
market
capitalization
stands
at
Rs
4394
crore.
It
is
listed
on
the
BSE
with
a
BSE
Code
of
539807
and
the
NSE
with
an
NSE
Code
of
INFIBEAM.
Media Contact - Shekhar Singh 9825060991
shekhar@infibeam.ooo
