Affle 3i Ltd
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]
- Market Cap ₹ 23,548 Cr.
- Current Price ₹ 1,673
- High / Low ₹ 2,187 / 1,251
- Stock P/E 49.3
- Book Value ₹ 259
- Dividend Yield 0.00 %
- ROCE 16.8 %
- ROE 13.8 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 27.5% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last 3 years: -4.98%
- Working capital days have increased from 42.1 days to 82.3 days
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 167 | 249 | 334 | 517 | 1,082 | 1,434 | 1,843 | 2,266 | 2,709 | 2,836 | |
| 122 | 179 | 246 | 387 | 869 | 1,146 | 1,483 | 1,783 | 2,099 | 2,198 | |
| Operating Profit | 46 | 70 | 88 | 130 | 213 | 288 | 360 | 483 | 610 | 638 |
| OPM % | 27% | 28% | 26% | 25% | 20% | 20% | 20% | 21% | 23% | 22% |
| 0 | 0 | 6 | 42 | 72 | 54 | 57 | 94 | 78 | 86 | |
| Interest | 1 | 1 | 1 | 4 | 7 | 11 | 19 | 13 | 5 | 4 |
| Depreciation | 8 | 10 | 13 | 20 | 32 | 49 | 72 | 97 | 124 | 133 |
| Profit before tax | 37 | 60 | 79 | 148 | 245 | 282 | 327 | 468 | 559 | 587 |
| Tax % | 24% | 18% | 17% | 9% | 12% | 13% | 9% | 18% | 19% | |
| 28 | 49 | 66 | 135 | 215 | 245 | 297 | 382 | 455 | 478 | |
| EPS in Rs | 2.29 | 4.02 | 5.14 | 10.57 | 16.05 | 18.36 | 21.20 | 27.18 | 32.31 | 33.95 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 24% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 23% |
| TTM: | 19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 16% |
| 1 Year: | -16% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 14% |
| 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24 | 24 | 26 | 26 | 27 | 27 | 28 | 28 | 28 |
| Reserves | 6 | 48 | 204 | 333 | 1,151 | 1,438 | 2,470 | 2,918 | 3,624 |
| 0 | 9 | 68 | 119 | 149 | 106 | 183 | 82 | 15 | |
| 46 | 77 | 105 | 275 | 497 | 437 | 592 | 583 | 754 | |
| Total Liabilities | 76 | 158 | 402 | 753 | 1,824 | 2,008 | 3,273 | 3,612 | 4,421 |
| 27 | 57 | 163 | 361 | 699 | 786 | 1,144 | 1,221 | 1,525 | |
| CWIP | 0 | 2 | 5 | 40 | 42 | 49 | 98 | 111 | 0 |
| Investments | 0 | 0 | 0 | 76 | 135 | 0 | 37 | 63 | 114 |
| 49 | 99 | 234 | 276 | 948 | 1,174 | 1,993 | 2,216 | 2,783 | |
| Total Assets | 76 | 158 | 402 | 753 | 1,824 | 2,008 | 3,273 | 3,612 | 4,421 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 42 | 48 | 72 | 102 | 206 | 260 | 262 | 426 | 502 | |
| -29 | -50 | -162 | -175 | -554 | -186 | -572 | -92 | -374 | |
| -4 | 8 | 139 | 53 | 615 | -59 | 783 | -92 | -43 | |
| Net Cash Flow | 9 | 6 | 49 | -20 | 267 | 16 | 473 | 242 | 85 |
| Free Cash Flow | 33 | 33 | 41 | 52 | 133 | 168 | 147 | 266 | 291 |
| CFO/OP | 108% | 80% | 94% | 87% | 110% | 104% | 82% | 104% | 100% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 36 | 70 | 81 | 76 | 79 | 62 | 63 | 48 | 52 |
| Inventory Days | |||||||||
| Days Payable | |||||||||
| Cash Conversion Cycle | 36 | 70 | 81 | 76 | 79 | 62 | 63 | 48 | 52 |
| Working Capital Days | -35 | -13 | -26 | -4 | -31 | 29 | 19 | 25 | 82 |
| ROCE % | 108% | 43% | 39% | 28% | 20% | 16% | 17% | 17% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Connected Devices Reached (mDMP Consumer Profiles) Billion |
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| CPCU Conversions (Total Converted Users) million |
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| Average CPCU (Cost Per Converted User) INR |
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| Total Patents (Granted + Filed & Pending) count |
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| Direct Customer Revenue Contribution % of consolidated revenue |
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| Developed Markets Revenue Share (current geographic mix) % of consolidated revenue |
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| India Revenue Share (historical geographic mix) % of consolidated revenue |
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| Top 10 Customer Concentration % of consolidated revenue |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
- Monitoring agencies reported no deviation in use of Rs 737.43 crore preferential issue proceeds for quarter ended June 30, 2026.
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Submission Of Audio Recording Of Earnings Conference Call For The First Quarter Ended June 30, 2026
- Affle 3i uploaded audio recording of Q1 FY2027 earnings conference call held August 10, 2026.
- Announcement under Regulation 30 (LODR)-Newspaper Publication
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Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
- Affle reported Q1 FY2027 revenue of INR 747.2 crore and PAT of INR 128.4 crore, up year-on-year.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Q1 FY2027 results: revenue INR 747.2 crore, PAT INR 128.4 crore, up 20.4% and 21.7%.
Annual reports
Concalls
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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]