Affle India 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 ₹ 14,412 Cr.
- Current Price ₹ 1,081
- High / Low ₹ 1,300 / 866
- Stock P/E 56.3
- Book Value ₹ 110
- Dividend Yield 0.00 %
- ROCE 20.2 %
- ROE 18.5 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 54.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 24.9%
Cons
- Stock is trading at 10.0 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Promoter holding has decreased over last 3 years: -8.49%
* 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.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
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 | TTM | |
---|---|---|---|---|---|---|---|
167 | 249 | 334 | 517 | 1,082 | 1,434 | 1,493 | |
122 | 179 | 246 | 387 | 869 | 1,146 | 1,195 | |
Operating Profit | 46 | 70 | 88 | 130 | 213 | 288 | 298 |
OPM % | 27% | 28% | 26% | 25% | 20% | 20% | 20% |
0 | 0 | 6 | 41 | 72 | 54 | 57 | |
Interest | 1 | 1 | 1 | 4 | 7 | 11 | 13 |
Depreciation | 8 | 10 | 13 | 20 | 32 | 49 | 55 |
Profit before tax | 37 | 60 | 79 | 148 | 245 | 282 | 288 |
Tax % | 24% | 18% | 17% | 9% | 12% | 13% | |
28 | 49 | 66 | 135 | 215 | 245 | 257 | |
EPS in Rs | 2.29 | 4.02 | 5.14 | 10.57 | 16.05 | 18.36 | 19.23 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 54% |
3 Years: | 63% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 54% |
3 Years: | 55% |
TTM: | 10% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 23% |
1 Year: | -9% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 27% |
3 Years: | 25% |
Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
24 | 24 | 26 | 26 | 27 | 27 | |
Reserves | 6 | 48 | 204 | 333 | 1,151 | 1,438 |
0 | 9 | 68 | 119 | 149 | 106 | |
46 | 77 | 105 | 275 | 497 | 437 | |
Total Liabilities | 76 | 158 | 402 | 753 | 1,824 | 2,008 |
27 | 57 | 163 | 361 | 699 | 786 | |
CWIP | 0 | 2 | 5 | 40 | 42 | 49 |
Investments | 0 | 0 | 0 | 76 | 135 | 0 |
49 | 99 | 234 | 276 | 948 | 1,174 | |
Total Assets | 76 | 158 | 402 | 753 | 1,824 | 2,008 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
42 | 48 | 72 | 102 | 206 | 260 | |
-29 | -50 | -162 | -175 | -554 | -186 | |
-4 | 8 | 139 | 53 | 615 | -59 | |
Net Cash Flow | 9 | 6 | 49 | -20 | 267 | 16 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 36 | 70 | 81 | 76 | 79 | 62 |
Inventory Days | ||||||
Days Payable | ||||||
Cash Conversion Cycle | 36 | 70 | 81 | 76 | 79 | 62 |
Working Capital Days | -35 | -9 | 15 | 16 | -10 | 42 |
ROCE % | 108% | 43% | 39% | 28% | 20% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Analyst and Investor meeting schedule. The notification letter is as attached.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
25 Sep - Analyst and Investor meeting schedule. The notification letter is as attached.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 22 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 22 Sep
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
22 Sep - Appointment of the Statutory Auditors in the Annual General Meeting of the Company.
Annual reports
Concalls
-
Aug 2023Transcript PPT
-
May 2023Transcript PPT
-
May 2023TranscriptNotesPPT
-
May 2023TranscriptNotesPPT
-
Feb 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
Feb 2022Transcript PPT
-
Dec 2021Transcript PPT
-
Nov 2021TranscriptNotesPPT
-
Sep 2021Transcript PPT
-
Jul 2021TranscriptPPT
-
Jun 2021Transcript PPT
-
Feb 2021TranscriptPPT
-
Feb 2021Transcript PPT
-
Nov 2020Transcript PPT
-
Aug 2020Transcript PPT
-
Jun 2020TranscriptPPT
-
Jun 2020Transcript PPT
-
May 2020TranscriptPPT
-
Feb 2020Transcript PPT
-
Nov 2019Transcript PPT
-
Nov 2019TranscriptNotesPPT
Services Offered:[1][2]
A) Consumer platform
New consumer conversions (acquisitions, engagements, and transactions) through mobile advertising, helping companies acquire customers online and offline. Company primarily earn revenue on a Cost Per Converted User (CPCU) basis, which comprises of 3 use cases viz. New user conversion (online), Existing user repeat conversion (online), New/existing user conversion (offline)
B) Enterprise platform**
Company provides end-to-end solutions for enterprises to enhance their engagement with mobile users such as developing Apps, enabling offline to online commerce for offline businesses with e-commerce aspirations, and providing enterprise-grade data analytics for online and offline companies. It works towards:
a) App development for third parties
b) Enabling offline to online commerce for offline businesses with Direct-to-Consumer aspirations
c) Enterprise grade data analytics for online and offline companies
d) Cloud Services