Affle India Ltd share price | About Affle India | Key Insights - Screener

Affle India Ltd

Affle India Ltd

₹ 1,137 -1.66%
31 May - close price
About

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]

Key Points

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

  • Market Cap 15,945 Cr.
  • Current Price 1,137
  • High / Low 1,337 / 960
  • Stock P/E 53.6
  • Book Value 178
  • 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

  • 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: -5.68%

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
142 152 275 339 315 347 355 376 356 407 431 499 506
107 117 223 272 257 280 284 296 287 328 344 402 408
Operating Profit 34 35 52 68 58 68 71 80 69 78 87 97 98
OPM % 24% 23% 19% 20% 18% 20% 20% 21% 19% 19% 20% 19% 19%
36 13 15 14 29 7 13 16 18 10 10 10 27
Interest 1 1 2 2 2 2 3 3 3 3 6 5 5
Depreciation 5 5 8 10 9 9 13 14 14 14 18 18 20
Profit before tax 64 41 57 70 76 64 68 80 70 70 73 83 100
Tax % 8% 13% 16% 11% 10% 14% 13% 14% 11% 6% 9% 8% 13%
59 36 48 62 69 55 59 69 62 66 67 77 87
EPS in Rs 4.59 2.68 3.57 4.66 5.14 4.09 4.40 5.18 4.68 4.97 5.01 5.48 6.24
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
167 249 334 517 1,082 1,434 1,843
122 179 246 387 869 1,146 1,483
Operating Profit 46 70 88 130 213 288 360
OPM % 27% 28% 26% 25% 20% 20% 20%
0 0 6 41 72 54 57
Interest 1 1 1 4 7 11 19
Depreciation 8 10 13 20 32 49 72
Profit before tax 37 60 79 148 245 282 327
Tax % 24% 18% 17% 9% 12% 13% 9%
28 49 66 135 215 245 297
EPS in Rs 2.29 4.02 5.14 10.57 16.05 18.36 21.20
Dividend Payout % 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 49%
3 Years: 53%
TTM: 29%
Compounded Profit Growth
10 Years: %
5 Years: 44%
3 Years: 30%
TTM: 22%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 3%
1 Year: 19%
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
Equity Capital 24 24 26 26 27 27 28
Reserves 6 48 204 333 1,151 1,438 2,470
0 9 68 119 149 106 183
46 77 105 275 497 437 602
Total Liabilities 76 158 402 753 1,824 2,008 3,283
27 57 163 361 699 786 1,242
CWIP 0 2 5 40 42 49 0
Investments 0 0 0 76 135 0 37
49 99 234 276 948 1,174 2,003
Total Assets 76 158 402 753 1,824 2,008 3,283

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 -577
-4 8 139 53 615 -59 783
Net Cash Flow 9 6 49 -20 267 16 468

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%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
59.89% 59.89% 59.89% 59.89% 59.89% 59.89% 59.89% 59.89% 59.89% 59.89% 56.93% 56.92%
18.25% 16.14% 15.66% 15.40% 14.69% 14.24% 12.66% 11.43% 9.97% 9.66% 14.35% 14.79%
7.00% 6.40% 6.58% 6.37% 7.51% 9.13% 10.56% 11.95% 13.57% 14.28% 14.71% 14.72%
14.86% 17.57% 17.87% 18.33% 17.85% 16.69% 16.83% 16.68% 16.52% 16.12% 13.95% 13.50%
0.00% 0.00% 0.00% 0.00% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.05% 0.07%
No. of Shareholders 1,42,1741,95,0953,09,9673,66,1853,79,8063,63,2093,65,6033,64,6153,61,2003,52,8263,22,4993,08,470

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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