Affle 3i Limited AFFLE NIFTY_SMALLNSEAI
Company Overview
Affle 3i Limited, together with its subsidiaries, provides mobile advertisement services through information technology and software development services for mobiles in India and internationally. It operates Appnext, an app discovery platform that displays contextual and personal app recommendations; Mediasmart, an omnichannel programmatic advertising platform; Jampp, a programmatic platform to grow app business; RevX, a programmatic advertising for app marketers; and YouAppi, a programmatic mobile app retargeting solution. The company was formerly known as Affle (India) Limited and changed its name to Affle 3i Limited in April 2025. Affle 3i Limited was incorporated in 1994 and is based in Gurugram, India.
Why Investors Should Care
Return on capital employed stands at 15.3%.
Net profit has compounded at 23.0% per year over the last five years.
Revenue has grown at a 23.6% CAGR over the past five years.
Maintains a net profit margin of 16.8%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹2,709.31 Cr (+19.5% YoY); net profit ₹454.85 Cr.
- Trailing 12 Months Year-on-year growth — revenue +19.6%, earnings +19.1%.
- 5-Year Trend Long-term compounding — revenue CAGR 23.6%, profit CAGR 23.0%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 23.64% |
| 1 Year: | 19.55% |
Compounded Profit Growth
| 5 Years: | 22.97% |
| 1 Year: | 19.11% |
Stock Price Performance
| 1 Year: | -22.69% |
| 6 Months: | -15.03% |
| 3 Months: | +4.77% |
| 1 Month: | +1.98% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
Affle India operates Vizury, Jampp, mediasmart and Appnext — AI-driven mobile user acquisition and adtech. 'Affle 2.0' is its consumer intelligence platform powered by ML.
- AI-driven consumer recommendation engine Affle's core platform uses machine learning to convert app users into transactions; its Appnext and mediasmart stacks personalise recommendations across billions of devices in emerging markets.
- Fraud detection & attribution AI Proprietary models filter ad fraud and attribute conversions in real time — a defensible data asset that improves ROI for advertisers and Affle's take-rate.
- Vernacular & contextual targeting AI contextual targeting (post-cookie) tuned for India and emerging-market vernacular audiences, where Affle has a first-party data advantage.
- A pure-play consumer-AI adtech: AI is the product, not an add-on, with ~24% five-year revenue CAGR.
- Data network effects — more conversions train better models — create a widening moat in emerging-market mobile advertising.
- Healthy ~17% net margin and high return on capital, though P/E ~45 prices in continued growth.
- Post-cookie shift to contextual AI plays to Affle's first-party data strengths.
Curated from public filings and analyst commentary; figures are illustrative.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 23.6% over 5 years.
- Profit CAGR of 23.0% over 5 years.
- Generates positive free cash flow.
CONS
- Trading at a high P/E of 55.8.
- Trading 29.4% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Communication Services).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AFFLE Affle 3i Limited NIFTY_SMALLNSEAI | 1,515.80 | 55.75 | ₹21,336.00 Cr | 0.00% | 15.30% | 12.45% | 23.64% | 22.97% |
| 2 | BHARTIARTL Bharti Airtel Limited NIFTY50NSEAI | 1,936.30 | 43.64 | ₹11.80 L Cr | 1.25% | 17.67% | 17.91% | 14.88% | 47.34% |
| 3 | IDEA Vodafone Idea Limited NIFTY_MIDNSE | 13.98 | -3.49 | ₹1.51 L Cr | 0.00% | 36.88% | -96.63% | 2.05% | 72.64% |
| 4 | INDUSTOWER Indus Towers Limited NIFTY_MIDNSE | 404.50 | 10.84 | ₹1.07 L Cr | 0.00% | 18.44% | 18.02% | 4.61% | 51.86% |
| 5 | BHARTIHEXA BHARTI HEXACOM LIMITED NIFTY_MIDNSE | 1,627.00 | 54.47 | ₹81,350.00 Cr | 0.62% | 21.84% | 24.19% | 12.45% | 46.68% |
| 6 | NAUKRI Info Edge (India) Limited NIFTY_MIDNSEAITECH | 1,196.35 | 80.67 | ₹77,573.80 Cr | 1.20% | 4.71% | 3.82% | 11.88% | 483.26% |
| 7 | TATACOMM Tata Communications Limited NIFTY_MIDNSEAI | 1,853.60 | 52.82 | ₹52,827.60 Cr | 0.94% | 15.29% | 29.06% | 11.58% | -17.69% |
| 8 | PFOCUS Prime Focus Limited NSE | 270.50 | -21.52 | ₹20,990.54 Cr | 0.00% | 24.91% | 10.47% | -0.29% | 14.09% |
| 9 | SUNTV Sun TV Network Limited NIFTY_SMALLNSE | 497.05 | 13.60 | ₹19,587.98 Cr | 1.00% | 15.31% | 11.39% | 4.74% | -5.51% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 356.00 Cr | 407.00 Cr | 431.00 Cr | 499.00 Cr | 506.00 Cr | 520.00 Cr | - | 601.67 Cr | 602.25 Cr | 620.74 Cr | 647.00 Cr | 717.47 Cr | 724.38 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 363.06 Cr | 364.79 Cr | 378.05 Cr | - | 447.41 Cr | 458.27 Cr |
| Gross Profit | - | - | - | - | - | - | - | 238.61 Cr | 237.46 Cr | 242.69 Cr | - | 270.07 Cr | 266.11 Cr |
| Operating Expenses | 287.00 Cr | 328.00 Cr | 344.00 Cr | 402.00 Cr | 408.00 Cr | 415.00 Cr | - | 132.99 Cr | 130.07 Cr | 128.84 Cr | 501.00 Cr | 140.22 Cr | 138.36 Cr |
| Operating Income | 55.00 Cr | 64.00 Cr | 69.00 Cr | 79.00 Cr | 78.00 Cr | 85.00 Cr | - | 105.62 Cr | 107.39 Cr | 113.85 Cr | 114.00 Cr | 129.85 Cr | 127.75 Cr |
| EBITDA | 69.00 Cr | 78.00 Cr | 87.00 Cr | 97.00 Cr | 98.00 Cr | 104.00 Cr | - | 152.29 Cr | 152.88 Cr | 156.89 Cr | 146.00 Cr | 180.58 Cr | 182.45 Cr |
| Interest Expense | 3.00 Cr | 3.00 Cr | 6.00 Cr | 5.00 Cr | 5.00 Cr | 4.00 Cr | - | 2.79 Cr | 2.44 Cr | 1.83 Cr | 1.00 Cr | 1.26 Cr | 1.01 Cr |
| Pretax Income | 70.00 Cr | 70.00 Cr | 73.00 Cr | 83.00 Cr | 100.00 Cr | 107.00 Cr | - | 123.74 Cr | 123.85 Cr | 129.19 Cr | 135.00 Cr | 146.12 Cr | 148.01 Cr |
| Tax Provision | 7.70 Cr | 4.20 Cr | 6.57 Cr | 6.64 Cr | 13.00 Cr | 20.33 Cr | - | 23.51 Cr | 20.79 Cr | 23.70 Cr | 24.30 Cr | 26.80 Cr | 28.50 Cr |
| Net Income | 62.00 Cr | 66.00 Cr | 67.00 Cr | 77.00 Cr | 87.00 Cr | 87.00 Cr | - | 100.22 Cr | 103.06 Cr | 105.50 Cr | 111.00 Cr | 119.32 Cr | 119.51 Cr |
| Diluted EPS | 4.68 | 4.97 | 5.01 | 5.48 | 6.24 | 6.18 | - | 7.14 | 7.34 | 7.50 | 7.86 | 8.49 | 8.49 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 167.00 Cr | 249.00 Cr | 334.00 Cr | 517.00 Cr | - | 1,433.44 Cr | 1,842.08 Cr | 2,266.31 Cr | 2,709.31 Cr |
| Cost of Revenue | - | - | - | - | - | 884.33 Cr | 1,125.37 Cr | 1,379.31 Cr | 1,679.82 Cr |
| Gross Profit | - | - | - | - | - | 549.11 Cr | 716.71 Cr | 886.99 Cr | 1,029.49 Cr |
| Operating Expenses | 122.00 Cr | 179.00 Cr | 246.00 Cr | 387.00 Cr | - | 309.64 Cr | 427.77 Cr | 500.53 Cr | 543.81 Cr |
| Operating Income | 38.00 Cr | 60.00 Cr | 75.00 Cr | 110.00 Cr | - | 239.47 Cr | 288.95 Cr | 386.46 Cr | 485.68 Cr |
| EBITDA | 46.00 Cr | 70.00 Cr | 88.00 Cr | 130.00 Cr | - | 337.09 Cr | 412.45 Cr | 576.93 Cr | 688.30 Cr |
| Interest Expense | 1.00 Cr | 1.00 Cr | 1.00 Cr | 4.00 Cr | - | 6.12 Cr | 14.13 Cr | 12.59 Cr | 5.26 Cr |
| Pretax Income | 37.00 Cr | 60.00 Cr | 79.00 Cr | 148.00 Cr | - | 281.55 Cr | 326.80 Cr | 467.64 Cr | 558.67 Cr |
| Tax Provision | 8.88 Cr | 10.80 Cr | 13.43 Cr | 13.32 Cr | - | 36.09 Cr | 29.53 Cr | 85.77 Cr | 103.82 Cr |
| Net Income | 28.00 Cr | 49.00 Cr | 66.00 Cr | 135.00 Cr | - | 244.59 Cr | 297.27 Cr | 381.87 Cr | 454.85 Cr |
| Diluted EPS | 2.29 | 4.02 | 5.14 | 10.57 | 16.11 | 18.36 | 21.91 | 27.19 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 76.00 Cr | 158.00 Cr | 402.00 Cr | 753.00 Cr | - | 2,010.69 Cr | 3,283.04 Cr | 3,621.77 Cr | 4,421.49 Cr |
| Current Assets | - | - | - | - | - | 1,162.52 Cr | 1,974.34 Cr | 2,176.12 Cr | 2,639.62 Cr |
| Cash & Equivalents | - | - | - | - | - | 171.39 Cr | 805.10 Cr | 1,047.48 Cr | 1,207.43 Cr |
| Inventory | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | 245.25 Cr | 317.36 Cr | 298.56 Cr | 385.61 Cr |
| Total Liabilities | - | - | - | - | - | 543.52 Cr | 785.00 Cr | 675.31 Cr | 769.28 Cr |
| Current Liabilities | - | - | - | - | - | 403.31 Cr | 642.87 Cr | 628.64 Cr | 734.66 Cr |
| Long Term Debt | - | - | - | - | - | 52.08 Cr | 72.58 Cr | 10.66 Cr | 1.92 Cr |
| Total Debt | 0 | 9.00 Cr | 68.00 Cr | 119.00 Cr | - | 105.63 Cr | 182.63 Cr | 82.09 Cr | 14.81 Cr |
| Total Equity | 30.00 Cr | 72.00 Cr | 230.00 Cr | 359.00 Cr | - | 1,465.05 Cr | 2,498.04 Cr | 2,946.46 Cr | 3,652.21 Cr |
| Shares Outstanding | - | - | - | - | - | 13.33 Cr | 14.02 Cr | 14.05 Cr | 14.08 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 42.00 Cr | 48.00 Cr | 72.00 Cr | 102.00 Cr | - | 260.30 Cr | 262.28 Cr | 425.99 Cr | 502.35 Cr |
| Investing Cash Flow | -29.00 Cr | -50.00 Cr | -162.00 Cr | -175.00 Cr | - | -197.43 Cr | -577.29 Cr | -113.71 Cr | -373.62 Cr |
| Financing Cash Flow | -4.00 Cr | 8.00 Cr | 139.00 Cr | 53.00 Cr | - | -59.05 Cr | 783.19 Cr | -91.81 Cr | -43.27 Cr |
| Capital Expenditure | -9.00 Cr | -15.00 Cr | -31.00 Cr | -50.00 Cr | - | -92.17 Cr | -115.63 Cr | -159.90 Cr | -211.10 Cr |
| Free Cash Flow | 33.00 Cr | 33.00 Cr | 41.00 Cr | 52.00 Cr | - | 168.13 Cr | 146.65 Cr | 266.09 Cr | 291.25 Cr |
| Net Change in Cash | 9.00 Cr | 6.00 Cr | 49.00 Cr | -20.00 Cr | - | 3.83 Cr | 468.18 Cr | 220.47 Cr | 85.45 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | 38.3% | 38.9% | 39.1% | 38.0% |
| Operating Margin % | 22.8% | 24.1% | 22.5% | 21.3% | - | 16.7% | 15.7% | 17.1% | 17.9% |
| Net Margin % | 16.8% | 19.7% | 19.8% | 26.1% | - | 17.1% | 16.1% | 16.8% | 16.8% |
| ROE % | 93.3% | 68.1% | 28.7% | 37.6% | - | 16.7% | 11.9% | 13.0% | 12.5% |
| ROCE % | - | - | - | - | - | 14.9% | 10.9% | 12.9% | 13.2% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for AFFLE
Affle Announces Strategic Acquisition of AdColony Technology Assets and Trademark from DT
Affle, a global technology company that delivers premium consumer conversions for advertisers with its verticalized AI-powered Consumer Platform, announced that Affle MEA FZ LLC has entered into a definitive asset purchase agreement with DT…
Affle Inc Appoints Martin Price as Vice President, Products, to Advance Verticalised AI-Led Platform Strategy
Affle, a global technology company driving AI-powered consumer intelligence and mobile advertising, today announced that Martin Price has joined Affle Inc as Vice President, Products. In this role, Martin will lead Affle 3i verticalised AI-…
Affle 3i Ltd (BOM:542752) Q3 2026 Earnings Call Highlights: Record Revenue and Strategic ...
Affle 3i Ltd reports robust growth with record quarterly revenue and EBITDA, while navigating regulatory and cost challenges in its strategic expansion efforts.
Affle Appoints Sameer Sondhi as Chief Strategic Investments Officer and CEO, North America
Affle a global technology company driving AI-powered consumer intelligence and mobile advertising, today announced the appointment of Sameer Sondhi as Chief Executive Officer, North America, with a dual role as the Chief Strategic Investmen…
Affle 3i Ltd (BOM:542752) Q2 2026 Earnings Call Highlights: Record Revenue and Strategic Growth ...
Affle 3i Ltd (BOM:542752) achieves its highest quarterly revenue and expands its competitive edge with new patents, despite facing market challenges in India and budget rollovers in the U.S.
AFFLE — Frequently Asked Questions
What is the current share price of Affle 3i Limited (AFFLE)?
As of 2026-07-15 09:52 IST, Affle 3i Limited (AFFLE) trades at ₹1,515.80 on NSE. Its 52-week range is ₹1,268.70 to ₹2,146.70.
What is the market capitalisation of AFFLE?
Affle 3i Limited (AFFLE) has a market capitalisation of ₹21,336.00 Cr on NSE.
What is the P/E ratio of AFFLE?
AFFLE trades at a trailing price-to-earnings (P/E) ratio of 55.75. The industry average P/E is 24.46. Its price-to-book (P/B) ratio is 5.92.
What is the return on equity (ROE) of AFFLE?
AFFLE has a return on equity (ROE) of 12.45%. Its return on capital employed (ROCE) is 15.30%.
Is AFFLE a good stock to buy?
This page provides a data-driven analysis of Affle 3i Limited (AFFLE), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.