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 ₹ 21,691 Cr.
- Current Price ₹ 1,544
- High / Low ₹ 1,884 / 1,050
- Stock P/E 59.2
- Book Value ₹ 192
- Dividend Yield 0.00 %
- ROCE 16.2 %
- ROE 15.0 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 43.5% CAGR over last 5 years
Cons
- Stock is trading at 7.99 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.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Part of Nifty Smallcap 100 BSE Information Technology BSE Allcap Nifty 500 BSE 400 MidSmallCap Index
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 | TTM | |
---|---|---|---|---|---|---|---|---|
167 | 249 | 334 | 517 | 1,082 | 1,434 | 1,843 | 2,170 | |
122 | 179 | 246 | 387 | 869 | 1,146 | 1,483 | 1,723 | |
Operating Profit | 46 | 70 | 88 | 130 | 213 | 288 | 360 | 447 |
OPM % | 27% | 28% | 26% | 25% | 20% | 20% | 20% | 21% |
0 | 0 | 6 | 41 | 72 | 54 | 57 | 102 | |
Interest | 1 | 1 | 1 | 4 | 7 | 11 | 19 | 15 |
Depreciation | 8 | 10 | 13 | 20 | 32 | 49 | 72 | 90 |
Profit before tax | 37 | 60 | 79 | 148 | 245 | 282 | 327 | 444 |
Tax % | 24% | 18% | 17% | 9% | 12% | 13% | 9% | |
28 | 49 | 66 | 135 | 215 | 245 | 297 | 366 | |
EPS in Rs | 2.29 | 4.02 | 5.14 | 10.57 | 16.05 | 18.36 | 21.20 | 26.11 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 49% |
3 Years: | 53% |
TTM: | 28% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 44% |
3 Years: | 30% |
TTM: | 35% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 42% |
3 Years: | 8% |
1 Year: | 43% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | 19% |
Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 24 | 24 | 26 | 26 | 27 | 27 | 28 | 28 |
Reserves | 6 | 48 | 204 | 333 | 1,151 | 1,438 | 2,470 | 2,667 |
0 | 9 | 68 | 119 | 149 | 106 | 183 | 135 | |
46 | 77 | 105 | 275 | 497 | 437 | 592 | 502 | |
Total Liabilities | 76 | 158 | 402 | 753 | 1,824 | 2,008 | 3,273 | 3,332 |
27 | 57 | 163 | 361 | 699 | 786 | 1,144 | 1,280 | |
CWIP | 0 | 2 | 5 | 40 | 42 | 49 | 98 | 0 |
Investments | 0 | 0 | 0 | 76 | 135 | 0 | 37 | 37 |
49 | 99 | 234 | 276 | 948 | 1,174 | 1,993 | 2,014 | |
Total Assets | 76 | 158 | 402 | 753 | 1,824 | 2,008 | 3,273 | 3,332 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
42 | 48 | 72 | 102 | 206 | 260 | 262 | |
-29 | -50 | -162 | -175 | -554 | -186 | -572 | |
-4 | 8 | 139 | 53 | 615 | -59 | 783 | |
Net Cash Flow | 9 | 6 | 49 | -20 | 267 | 16 | 473 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 36 | 70 | 81 | 76 | 79 | 62 | 63 |
Inventory Days | |||||||
Days Payable | |||||||
Cash Conversion Cycle | 36 | 70 | 81 | 76 | 79 | 62 | 63 |
Working Capital Days | -35 | -9 | 15 | 16 | -10 | 42 | 40 |
ROCE % | 108% | 43% | 39% | 28% | 20% | 16% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
11 Apr - Company attended analyst meeting without sharing sensitive info.
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Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
11 Apr - Alteration in Memorandum and Articles of Association.
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Announcement under Regulation 30 (LODR)-Change of Company Name
11 Apr - Change of company name to Affle 3i Limited.
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
8 Apr - Live broadcast of Affle 3i Summit for investors.
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Intimation Under Regulation 30
5 Apr - Change of name and appointment of independent directors.
Annual reports
Concalls
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Feb 2025Transcript PPT REC
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May 2020TranscriptPPT
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Feb 2020Transcript PPT
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Nov 2019Transcript PPT
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Nov 2019TranscriptNotesPPT
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]