Arthneeti

Affle 3i Q1 FY27 Share Price & Earnings Call Analysis

₹1,381.30-2.10% today
Market cap
₹19,459 Cr
P/E
40.73
ROE
13.79%
PEG
1.78
Price to sales
6.86
Debt to equity
0.00
52W high / low
₹1,933 / ₹1,269
Sales growth (5Y)
39.29%
EBITDA margin
22.50%
Net profit margin
16.79%
Promoter holding
54.87%
Sales (last year)
₹2,836 Cr

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]

Guidance scorecard · Q1 FY27 call

What Affle 3i Ltd's management guided
and where it ranks in IT - Services

#7of 38 in
IT - Services
Revenue20–40%MarginsUp 2%+CapexPlannedFundraisingPlannedOrder bookWhat management said

RevenueQ1 FY27 call

20–40%
  • Affle 3i Limited targets around 20% organic growth, supported by evidence from recent quarters.
  • The company is confident about achieving a 10x growth plan within a sensible timeline, combining organic growth and strategic acquisitions.
  • Developed Markets, especially the U.S., is a strategic focus expected to grow meaningfully at 20%+ rates.
  • Emerging Markets and India are expected to continue robust growth around 20%, leveraging competitive advantages.
  • The recently acquired AdColony assets are expected to help expand reach to over 500 million connected devices, enhancing growth.
  • The combined entity post-M&A is projected to sustain at least 20% growth with margin expansion.

2 more points from Affle 3i Ltd's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Up 2%+

See what Affle 3i Ltd said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • The company is focused on both organic and inorganic growth, with strategic acquisitions planned to accelerate their 10x growth plan.
  • They are undertaking a meaningful strategic acquisition of AdColony, aiming to close the transaction by early 2027.
  • Capital has been raised to fund larger M&A activities as part of their inorganic growth strategy.
  • Investments are focused on scalable technologies and strengthening global revenue mix with financial discipline.
  • The acquisition of AdColony assets enhances their publisher ecosystem and audience intelligence, targeting activation of over 100,000 mobile apps to reach 500 million connected devices in Developed Markets within the year.

2 more points from Affle 3i Ltd's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

Planned

See what Affle 3i Ltd said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Ask what Affle 3i Ltd said on the order book →

Full Q1 FY27 analysis
Full IT - Services ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in IT - Services
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Affle 3i Ltd rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

IT - Services companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹28,129 Cr107.9
240%+Flat₹1,612 Cr37.6
340%+Flat₹1,534 Cr131.2
440%+Flat₹571 Cr24.8
540%+Flat₹378 Cr26.9
640%+Flat₹84 Cr8.3

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Pro shows every company guiding 40%+ revenue growth →Full IT - Services ranking

Affle 3i Ltd announcements

All announcements →

Financials of Affle 3i Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Affle 3i Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +356407431499506520543602602621647717724
Expenses +287328344402408415430470468481501554563
Operating Profit6978879798104113131134140146163161
OPM %19%19%20%19%19%20%21%22%22%23%23%23%22%
Other Income +18101010272529211917221821
Interest3365544322111
Depreciation14141818201925262726323333
Profit before tax70707383100107113124124129135146148
Tax %11%6%9%8%13%19%19%19%17%18%18%18%19%
Net Profit +62666777878792100103106111119120
EPS in Rs4.684.975.015.486.246.186.567.137.347.507.868.488.49

Financials of Affle 3i Ltd

Profit & Loss

Annual income statement trend

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +1672493345171,0821,4341,8432,2662,709
Expenses +1221792463878691,1461,4831,7832,099
Operating Profit467088130213288360483610
OPM %27%28%26%25%20%20%20%21%23%
Other Income +006427254579478
Interest111471119135
Depreciation810132032497297124
Profit before tax376079148245282327468559
Tax %24%18%17%9%12%13%9%18%19%
Net Profit +284966135215245297382455
EPS in Rs2.294.025.1410.5716.0518.3621.2027.1832.31
Dividend Payout %0%0%0%0%0%0%0%0%0%

Financials of Affle 3i Ltd

Balance Sheet

Capital structure and asset base

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital242426262727282828
Reserves6482043331,1511,4382,4702,9183,624
Borrowings +09681191491061838215
Other Liabilities +4677105275497437592583754
Total Liabilities761584027531,8242,0083,2733,6124,421
Fixed Assets +27571633616997861,1441,2211,525
CWIP025404249981110
Investments0007613503763114
Other Assets +49992342769481,1741,9932,2162,783
Total Assets761584027531,8242,0083,2733,6124,421

Financials of Affle 3i Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +424872102206260262426502
Cash from Investing Activity +-29-50-162-175-554-186-572-92-374
Cash from Financing Activity +-4813953615-59783-92-43
Net Cash Flow9649-202671647324285
Free Cash Flow33334152133168147266291
CFO/OP108%80%94%87%110%104%82%104%100%

Financials of Affle 3i Ltd

Ratios

Working capital efficiency and return ratios

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days367081767962634852
Inventory Days
Days Payable
Cash Conversion Cycle367081767962634852
Working Capital Days-35-13-26-4-3129192582
ROCE %108%43%39%28%20%16%17%17%

Guidance history

How Affle 3i Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →20–40%Up 2%+PlannedPlanned—
Q4 FY26 call →20–40%FlatPlannedPlanned—
Q3 FY26 call →10–20%FlatPlanned——
Q2 FY26 call →20–40%FlatPlanned——

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

18out of 100

Momentum score · price trend

18 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−27.7%26%
Last 6 months−2.8%49%
Last 3 months−14.9%29%

The price is 35.7% below its all-time high of ₹2,146.7 (22 Sept 2025). Stocks more than 20% below their peak have their score halved, so 36 became 18.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Affle 3i Ltd: 0.4 × 26 + 0.4 × 49 + 0.2 × 29 = 36, halved to 18 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Affle 3i Ltd's management said in earlier quarters

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