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 ₹ 21,721 Cr.
- Current Price ₹ 1,546
- High / Low ₹ 1,884 / 998
- Stock P/E 59.3
- 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 8.06 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: -4.86%
* 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 BSE 250 SmallCap Index BSE Information Technology Nifty India Digital Index Nifty 500 BSE SmallCap
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: | 29% |
3 Years: | 9% |
1 Year: | 36% |
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
2d - Analyst and Investor meeting schedule. The notification letter is as attached.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
17 Feb - Transcript of the earnings call for the third quarter and nine months ended December 31, 2024
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 Feb - Company attended analyst/investor meetings on February 13, 2025.
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Statement Of Deviation/Variation In Utilization Of Funds
11 Feb - Statement of deviation in fund utilization for Affle.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
11 Feb - Analyst and Investor meeting schedule. The notification letter is as attached.
Annual reports
Concalls
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT REC
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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May 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Feb 2022Transcript PPT
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Dec 2021Transcript PPT
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Nov 2021TranscriptNotesPPT
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Sep 2021Transcript PPT
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Jul 2021TranscriptPPT
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Jun 2021Transcript PPT
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Feb 2021TranscriptPPT
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Feb 2021Transcript PPT
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Nov 2020Transcript PPT
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Aug 2020Transcript PPT
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Jun 2020TranscriptPPT
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Jun 2020Transcript PPT
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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]