Affle 3i Ltd

Affle 3i Ltd

₹ 1,689 -0.21%
20 May - close price
About

Incorporated in 1994, Affle is a global technology company with a proprietary consumer intelligence platform that transforms ads into recommendations helping marketers to effectively identify, engage, acquire and drive transactions with their potential and existing users[1]

Key Points

Service Offering
The company operates a proprietary consumer intelligence platform that delivers consumer recommendations and conversions through relevant mobile advertising. The platform aims to enhance returns on marketing investment through contextual mobile ads and reduce digital ad fraud. It has a reach across 3.4+ Bn connected devices. [1]

  • Market Cap 23,730 Cr.
  • Current Price 1,689
  • High / Low 1,884 / 1,060
  • Stock P/E 62.1
  • Book Value 210
  • Dividend Yield 0.00 %
  • ROCE 16.8 %
  • ROE 14.0 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 42.3% CAGR over last 5 years

Cons

  • Stock is trading at 8.05 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last 3 years: -4.87%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
315 347 355 376 356 407 431 499 506 520 543 602 602
257 280 284 296 287 328 344 402 408 415 430 470 468
Operating Profit 58 68 71 80 69 78 87 97 98 104 113 131 134
OPM % 18% 20% 20% 21% 19% 19% 20% 19% 19% 20% 21% 22% 22%
29 7 13 16 18 10 10 10 27 25 29 21 19
Interest 2 2 3 3 3 3 6 5 5 4 4 3 2
Depreciation 9 9 13 14 14 14 18 18 20 19 25 26 27
Profit before tax 76 64 68 80 70 70 73 83 100 107 113 124 124
Tax % 10% 14% 13% 14% 11% 6% 9% 8% 13% 19% 19% 19% 17%
69 55 59 69 62 66 67 77 87 87 92 100 103
EPS in Rs 5.14 4.09 4.40 5.18 4.68 4.97 5.01 5.48 6.24 6.18 6.56 7.13 7.34
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
167 249 334 517 1,082 1,434 1,843 2,266
122 179 246 387 869 1,146 1,483 1,783
Operating Profit 46 70 88 130 213 288 360 483
OPM % 27% 28% 26% 25% 20% 20% 20% 21%
0 0 6 41 72 54 57 94
Interest 1 1 1 4 7 11 19 13
Depreciation 8 10 13 20 32 49 72 97
Profit before tax 37 60 79 148 245 282 327 468
Tax % 24% 18% 17% 9% 12% 13% 9% 18%
28 49 66 135 215 245 297 382
EPS in Rs 2.29 4.02 5.14 10.57 16.05 18.36 21.20 27.18
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 47%
3 Years: 28%
TTM: 23%
Compounded Profit Growth
10 Years: %
5 Years: 42%
3 Years: 21%
TTM: 28%
Stock Price CAGR
10 Years: %
5 Years: 40%
3 Years: 17%
1 Year: 39%
Return on Equity
10 Years: %
5 Years: 18%
3 Years: 15%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 24 24 26 26 27 27 28 28
Reserves 6 48 204 333 1,151 1,438 2,470 2,918
0 9 68 119 149 106 183 82
46 77 105 275 497 437 592 593
Total Liabilities 76 158 402 753 1,824 2,008 3,273 3,622
27 57 163 361 699 786 1,144 1,332
CWIP 0 2 5 40 42 49 98 0
Investments 0 0 0 76 135 0 37 63
49 99 234 276 948 1,174 1,993 2,226
Total Assets 76 158 402 753 1,824 2,008 3,273 3,622

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
42 48 72 102 206 260 262 426
-29 -50 -162 -175 -554 -186 -572 -114
-4 8 139 53 615 -59 783 -92
Net Cash Flow 9 6 49 -20 267 16 473 220

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 36 70 81 76 79 62 63 48
Inventory Days
Days Payable
Cash Conversion Cycle 36 70 81 76 79 62 63 48
Working Capital Days -35 -9 15 16 -10 42 40 36
ROCE % 108% 43% 39% 28% 20% 16% 17%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
59.89% 59.89% 59.89% 59.89% 59.89% 59.89% 56.93% 56.92% 55.14% 55.09% 55.03% 55.02%
14.69% 14.24% 12.66% 11.43% 9.97% 9.66% 14.35% 14.79% 15.30% 15.55% 16.49% 16.09%
7.51% 9.13% 10.56% 11.95% 13.57% 14.28% 14.71% 14.72% 16.21% 15.59% 14.57% 15.31%
17.85% 16.69% 16.83% 16.68% 16.52% 16.12% 13.95% 13.50% 13.33% 13.70% 13.80% 13.47%
0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.05% 0.07% 0.05% 0.09% 0.08% 0.10%
No. of Shareholders 3,79,8063,63,2093,65,6033,64,6153,61,2003,52,8263,22,4993,08,4702,89,3622,83,4232,75,2412,76,042

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Concalls