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Affle 3i Ltd.

AFFLEInformation Technology filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

28 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 28 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT201911232019-09-30yes
TRANSCRIPT202002252019-12-31yes
TRANSCRIPT202006242020-03-31yes
TRANSCRIPT202008282020-06-30yes
TRANSCRIPT202011262020-09-30yes
TRANSCRIPT202102182020-12-31yes
TRANSCRIPT202106172021-03-31yes
TRANSCRIPT202109012021-06-30yes
TRANSCRIPT202111292021-09-30yes
TRANSCRIPT202202142021-12-31yes
TRANSCRIPT202205232022-03-31yes
TRANSCRIPT202208172022-06-30yes
TRANSCRIPT202211152022-09-30yes
TRANSCRIPT202302132022-12-31yes
TRANSCRIPT202305222023-03-31yes
TRANSCRIPT202308142023-06-30yes
TRANSCRIPT202311102023-09-30yes
TRANSCRIPT202402122023-12-31yes
TRANSCRIPT202405312024-03-31yes
TRANSCRIPT202408122024-06-30yes
TRANSCRIPT202411182024-09-30yes
TRANSCRIPT202502172024-12-31yes
TRANSCRIPT202505192025-03-31yes
TRANSCRIPT202508042025-06-30yes
TRANSCRIPT202511072025-09-30yes
TRANSCRIPT202602092025-12-31yes
TRANSCRIPT202605182026-03-31yes
TRANSCRIPT202608172026-06-30yes

AFFLE

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisiongeneral
Scope servedconsolidated
Panels on this page4

Market

The closes are adjusted for every split and bonus on record inside the period this series covers, and each adjustment is checked against the price move on its ex-date.

Last close1,588.10
52-week range1268.7 – 2062.7
Return 1M-7.17%
Return 3M9.55%
Return 1Y-22.1%
Return 3Y49.14%
Return 5Y49.15%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations747.00
Other income25.00
Total income772.00
Cost of materials consumed0.00
Purchases of stock-in-trade0.00
Changes in inventories0.00
Employee benefit expense66.00
Finance costs1.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.55-0.00
institutions foreign0.15-0.01
institutions domestic0.190.01
mutual funds0.150.02
public0.450.00

Documents on file

ClassMost recentOn file
TRANSCRIPT2026-06-3028

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations355.00376.00356.00407.00431.00499.00506.00520.00543.00602.00602.00621.00647.00717.00724.00747.00
Other income13.0016.0018.0010.0010.0010.0027.0025.0029.0021.0019.0017.0022.0018.0021.0025.00
Total income367.00393.00373.00416.00441.00509.00533.00545.00572.00623.00621.00638.00669.00735.00746.00772.00
Cost of materials consumed0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Purchases of stock-in-trade0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Changes in inventories0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Employee benefit expense46.0048.0049.0056.0057.0062.0060.0059.0057.0058.0058.0061.0063.0064.0063.0066.00
Finance costs3.003.003.003.006.005.005.004.004.003.002.002.001.001.001.001.00
Depreciation and amortisation13.0014.0014.0014.0018.0018.0020.0019.0025.0026.0027.0026.0032.0033.0033.0034.00
Other expenses237.00247.00237.00272.00287.00340.00348.00356.00373.00413.00410.00420.00437.00491.00500.00514.00
Total expenses300.00312.00303.00346.00368.00425.00433.00438.00458.00499.00497.00509.00534.00589.00598.00614.00
Profit before exceptional items and tax68.0080.0070.0070.0073.0083.00100.00107.00113.00124.00124.00129.00135.00146.00148.00158.00
Exceptional items0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax68.0080.0070.0070.0073.0083.00100.00107.00113.00124.00124.00129.00135.00146.00148.00158.00
Current tax10.0011.008.005.0010.0013.0038.0020.0019.0026.0025.0024.0028.0027.0027.0027.00
Deferred tax-1.00-0.00-0.00-1.00-4.00-7.00-25.000.003.00-3.00-4.00-0.00-3.000.002.002.00
Tax expense9.0011.007.004.006.007.0013.0020.0022.0024.0021.0024.0025.0027.0028.0029.00
Profit for the period59.0069.0062.0066.0067.0077.0087.0087.0092.00100.00103.00106.00111.00119.00120.00128.00
Profit attributable to owners59.0069.0062.0066.0067.0077.0087.000.0092.00100.00103.00106.00111.00119.00120.000.00
Profit attributable to non-controlling interests0.000.00-0.00-0.000.000.000.000.000.000.000.000.000.000.000.000.00
Other comprehensive income19.003.00-1.00-3.006.00-4.002.008.00-4.0025.003.003.0069.0032.00107.00-7.00
Total comprehensive income78.0072.0062.0063.0073.0073.0089.0095.0088.00125.00106.00109.00180.00152.00226.00121.00
Earnings per share, basic4.435.194.684.975.015.736.456.186.567.157.357.527.888.508.519.13
Earnings per share, diluted4.435.194.684.975.015.736.456.176.557.147.347.507.868.498.499.02

Annual results, as filed

Line2020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Revenue from operations334.00517.001,082.001,434.001,843.002,266.002,709.00
Other income6.0042.0072.0054.0057.0094.0078.00
Total income340.00558.001,153.001,488.001,900.002,360.002,788.00
Cost of materials consumed0.000.000.000.000.000.000.00
Purchases of stock-in-trade0.000.000.000.000.000.000.00
Changes in inventories0.000.000.000.000.000.000.00
Employee benefit expense27.0054.00130.00187.00235.00231.00251.00
Finance costs1.004.007.0011.0019.0013.005.00
Depreciation and amortisation13.0020.0032.0049.0072.0097.00124.00
Other expenses219.00333.00739.00958.001,248.001,552.001,848.00
Total expenses261.00410.00908.001,206.001,573.001,892.002,229.00
Profit before exceptional items and tax79.00148.00245.00282.00327.00468.00559.00
Exceptional items0.000.000.000.000.000.000.00
Profit before tax79.00148.00245.00282.00327.00468.00559.00
Current tax14.0012.0029.0037.0066.0089.00105.00
Deferred tax-0.001.002.00-1.00-37.00-3.00-1.00
Tax expense14.0013.0030.0036.0030.0086.00104.00
Profit for the period66.00135.00215.00245.00297.00382.00455.00
Profit attributable to owners0.00135.00214.00245.00297.00382.00455.00
Profit attributable to non-controlling interests0.000.001.001.00-0.000.000.00
Other comprehensive income5.00-5.0011.0044.00-0.0033.00212.00
Total comprehensive income71.00130.00226.00289.00297.00414.00666.00
Earnings per share, basic26.1352.9616.1818.4321.9127.2332.38
Earnings per share, diluted26.1352.9616.1818.4321.9127.1932.32

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets1,875.002,011.002,341.003,283.003,332.003,622.003,914.004,421.00
Non-current assets1,044.00847.001,235.001,309.001,342.001,446.001,655.001,782.00
Current assets832.001,030.00972.001,841.001,856.002,041.002,125.002,505.00
Property, plant and equipment4.003.003.004.004.003.004.004.00
Capital work-in-progress0.000.000.000.000.000.00——
Goodwill659.00664.00995.00983.00987.001,008.001,046.001,112.00
Other intangible assets136.00116.00167.00152.00245.00204.00320.00274.00
Inventories0.000.000.000.000.000.000.000.00
Trade receivables234.00245.00277.00317.00348.00299.00353.00386.00
Cash and cash equivalents177.00332.00291.00805.00773.001,047.00982.001,207.00
Total equity and liabilities1,875.002,011.002,341.003,283.003,332.003,622.003,914.004,421.00
Equity1,330.001,467.001,593.002,498.002,695.002,946.003,256.003,652.00
Equity share capital27.0027.0027.0028.0028.0028.0028.0028.00
Other equity1,301.001,438.001,567.002,470.002,667.002,918.003,228.003,624.00
Total liabilities545.00544.00748.00785.00636.00675.00658.00769.00
Non-current liabilities165.00140.00170.00142.0097.0047.0033.0035.00
Current liabilities380.00403.00578.00643.00539.00629.00625.00735.00
Borrowings, non-current73.0052.00143.0073.0033.0011.002.002.00
Borrowings, current61.0051.0082.00105.0097.0067.0033.0010.00
Trade payables230.00252.00294.00383.00367.00408.00433.00594.00

Cash flow, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities112.00260.0099.00262.00146.00426.00183.00502.00
Net cash from investing activities-235.00-197.00-257.00-577.00-139.00-114.00-240.00-374.00
Net cash from financing activities-25.00-59.00116.00783.00-42.00-92.00-29.00-43.00
Purchase of property, plant and equipment52.0092.0063.00116.0077.00160.00101.00211.00
Net increase in cash-139.0016.00-41.00473.00-32.00242.00-65.00160.00
con:CFO.BEFORE_TAX131.00301.00114.00324.00212.00500.00222.00609.00
con:INTEREST_RECEIVED.OPERATING0.000.000.00-41.00-27.000.000.000.00
con:INTEREST_PAID.OPERATING0.000.000.00-14.00-5.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING20.0040.0015.0034.0039.0074.0038.00107.00
con:CF_OTHER.OPERATING0.000.000.000.00-5.000.000.000.00
con:INVESTMENTS_PURCHASED0.000.000.000.000.000.000.000.00
con:INVESTMENTS_SOLD0.000.000.000.000.000.000.000.00
con:PPE_DISPOSALS0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED95.00100.00305.00354.0077.0081.009.0012.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-06-302023-09-302023-11-222023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Promoter and promoter group59.8959.8956.9356.9356.9255.1455.0955.0355.020.550.550.550.550.55
Domestic institutions13.5614.2714.1114.7114.7216.2015.5914.5815.310.140.150.160.180.19
Mutual funds—————————0.110.120.130.140.15
Insurance companies3.623.763.433.373.353.003.022.132.210.020.020.030.040.03
Foreign institutions9.979.6614.0914.3514.7915.3015.5516.5016.090.180.190.180.170.15
Government—————————0.000.000.000.000.00
Public40.0540.0543.0043.0143.0144.8244.8244.8844.880.450.450.450.450.45
Non-institutional16.5216.1214.8113.9513.5013.3213.6813.8013.470.130.110.110.100.11
Shares outstanding133251060133251060140171060140171060140209060140209060140325060140467310140496310140559402140640216140695134140757384140796384

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Affle MEA FZ-LLCSubsidiary companyAny other transaction3,059,290,000.007
Affle International Pte LimitedSubsidiary companyAny other transaction2,112,960,000.007
Jampp LimitedSubsidiary companyAny other transaction642,640,000.004
Affle (India) LimitedSubsidiary companyAny other transaction589,560,000.006
Affle IncSubsidiary companyAny other transaction405,430,000.005
Appnext Pte LimitedSubsidiary companyAny other transaction298,160,000.004
Affle Iberia S.L.Subsidiary companyAny other transaction96,950,000.003
PT Affle IndonesiaSubsidiary companyAny other transaction79,250,000.001
Kapil Mohan BhutaniChief Financial & Operations OAdvance, Any other transaction, Remuneration16,510,000.004
Vipul KediaExecutive DirectorAny other transaction, Interest received, Loan, Remu11,450,000.005
Anuj KumarNon-executive DirectorAny other transaction, Remuneration11,140,000.002
Noelia Amoedo CasqueiroNon-executive DirectorAny other transaction, Remuneration10,830,000.003
Affle Holdings Pte LimitedHolding companyAny other transaction5,410,000.001
Parmita ChoudhuryCompany SecretaryAny other transaction, Remuneration1,560,000.003
Sumit Mamak ChadhaNon- Executive Independent DirectoAny other transaction700,000.001

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2026-08-17Q1FY27Analyst:, LimitedRead the call
2026-05-18Q4FY26Analyst:Read the call
2026-02-09Q3FY26Analyst:, Brokers LimitedRead the call
2025-11-07Q2FY26Analyst:Read the call
2025-08-04Q1FY26Analyst:, LimitedRead the call
2025-05-19Q4FY25Analyst:Read the call
2025-02-17Q3FY25Analyst:, LimitedRead the call
2024-11-18Q2FY25Analyst:Read the call
2024-08-12Q1FY25Analyst:Read the call
2024-05-31Q4FY24Analyst:Read the call
2024-02-12Q3FY24Analyst:Read the call
2023-11-10Q2FY24Analyst:Read the call
2023-08-14Q1FY24Analyst:Read the call
2023-05-22Q4FY23Analyst:Read the call
2023-02-13Q3FY23Analyst:Read the call
2022-11-15Q2FY23Analyst:Read the call
2022-08-17Q1FY23Analyst:Read the call
2022-05-23Q4FY22Analyst:Read the call
2022-02-14Q3FY22Analyst:Read the call
2021-11-29Q2FY22Analyst:Read the call
2021-09-01Q1FY22Analyst:Read the call
2021-06-17Q4FY21Analyst:Read the call
2021-02-18Q3FY21Analyst:Read the call
2020-11-26Q2FY21Analyst:Read the call
2020-08-28Q1FY21Analyst:Read the call
2020-06-24Q4FY20Analyst:Read the call
2020-02-25Q3FY20Analyst:Read the call
2019-11-23Q2FY20Analyst:Read the call

What they said about it, quarter by quarter

TopicQ3FY26Q4FY20Q4FY21Q4FY22Q4FY23Q4FY24Q4FY25Q4FY26
Capex———53-54 Crores and about Rs.2.5 Crores was an investment in the hardware, that is the investment into the capex.————
Capital allocationSecond question is a follow-up of your last quarter comment on inorganic acquisition, where you said that you are evaluating around 10-12 companies.So, I am very glad that the problem was also fixed in the same period through the strategic acquisition of Mediasmart.As you might have noticed our acquisition strategy over a period of time, we have acquired more technologically focused businesses.306 million on the divestment of an asset.Any inorganic acquisition that we are looking at right now is focused on these very specific capabilities.Also what is a typical ticket size for our acquisition?I believe we may consider selective and carefully picked acquisition targets through this year, but what we are talking right now is organic growth.So firstly, when it comes to acquisition, like you mentioned that you've gone down to 4 entities.
Costs———Secondly, any outlook on the employee cost in subsidiaries in Argentina because right now the inflationary environment is quite high in Argentina?———If so, does eventually the Customer Acquisition Cost (CAC) budget also catches up with the revised LTV and which may potentially benefit us if the inf…
Debt and cashOur Operating cash flows for nine-months period was INR 2.54 billion.We are extremely bottom-line sensible in our outlook particularly on cash flow credit risk management.We remain focused on working capital management and our collections have been robust throughout the year.We remain focused on working capital management and continue to see robust cash flows from operations.We remain focused on working capital management and continue to see robust cash flows from operations.We remain focused on working capital management, have been extremely prudent in customers profile and as such there were no material changes in the co…We continue to prioritize efficient working capital management and as such, there was no material change in our collection risk.We achieved operating cash flows of INR 5.02 billion during the year, increasing by ~25% CAGR over the last 5 years.
DemandOther expenses were lower at 6.0% of revenue versus 6.4% in Q2 FY26. However, in absolute terms, other expenses increased by INR 19.5 million, primari…Similarly, the groceries vertical and certain other categories, they had operational challenges to meet the naturally increased demand.We have a mature pipeline and as and when we will find the right target, the deal dynamics will emerge.They will need to come to that because the consumers especially across the emerging verticals and emerging markets are going to demand that.I am confident that the pipeline is already there and we will be seeing conversion starting from Q2 onwards.Any flavour for this quarter and in general demand environment across key markets, would be of great health?—Let's take an example, let's say, a company like Trade Desk, which is a demand-side platform focused on serving ad agencies as partners.
GuidanceSecondly, given we are already at 19% kind of growth levels on the overall company side, do we kind of maintain our 20% growth guidance going ahead?Essentially when you said there is a hit of 10% to 15%, Revenue decline is what we are guiding for or is that just general in terms of the overall bus…We have always stayed away from giving short-term guidance, but the outlook for the immediate next year as well as for the next five years is extremel…There was no overshooting of the expenditure there and we expect good results coming from those innovations.Once we achieve that, in this financial year we will come back to the same kind of growth guidance that we had in past.So can we expect that as more synergies play out, margins will increase going ahead?In FY2025, we had already given guidance that we will create strategic integrations and efficiencies across all our business units and making sure tha…When should we expect these investments to taper off?
MarginAs a result, EBITDA for the quarter stood at INR 1.63 billion, an increase of 24.1% y-o-y and 11.6% sequentially.We can do more at the same price that we were doing before or we can do stay at the same level as before for a lesser cost if we need to in order to m…Our EBITDA for FY2021 increased by 46.4% y-o-y while the Q4 FY2021 EBITDA increased by 63.4% y-o-y.Our reported EBITDA for the quarter stood at Rs.Except for the developed markets, which anyways has a lower contribution for us on a consolidated basis, our business across global emerging markets r…This helped us achieve highest-ever quarterly EBITDA of Rs.Our EBITDA margin improved to 22.2% of the revenues, up from 19.4% margin in Q4 last year.Our sustained focus on operational efficiency and profitable growth translated into EBITDA of INR 6.10 billion for the full year, registering a robust…
People—I mean there is nothing there which is suddenly getting into Q1. Though you would have noticed that we recently announced some of the key hiring like …——We have 50 positions open for hiring at this moment and the company is absolutely growing.Our strategy is - Let's get a team there rather than hiring one by one, let's go do an acquisition also in North America.Affle 3i Limited May 12, 2025 Does it mean that we will suddenly start making more revenues or whether we'll now start hiring lawyers and start chargi…—
Pricing—It is creating option for us to buy more or reduce costs and pass the benefit on to the advertiser in terms of CPCU pricing or ROI.In terms of the new pricing changes such as Google’s cohort-based advertising, what is the possible impact that may come in the advertising industry a…About 45% organic growth that we have delivered in this quarter is record-breaking on a broad basis both in India as well as international and it is a…We are dependent on pricing and so it is important.But what is happening is that the advantages that we have of our business in India, in terms of data, in terms of data science, capabilities, product,…—We should be very predictable, dependable in terms of how we continue to grow our CPCU pricing, how we continue to grow our overall volumes of convers…
Revenue growthWe continued our steady growth momentum in Q3 FY26, marking our 11th consecutive quarter of sequential growth on topline & EBITDA and 7th consecutive …It is really low contribution to PAT on a consolidated basis for the whole year and the contribution to topline also would be around 10% only.1,030 Affle (India) Limited May 31, 2021 million in FY2021, a y-o-y growth of 43.4% and the adjusted OCF-to-PAT Ratio was 100%.I am incredibly proud that in the last 5 financial years since FY2018 since our initial DRHP was filed, our team has delivered over 6.5X growth in top…14,340 million, a robust growth of 32.6% y-o-y and the Q4 FY23 revenue stood at Rs.On a consolidated basis, our revenue growth stood at 42.3% y-o-y Affle (India) Limited May 25, 2024 and 1.5% q-o-q.4,832 million, registering a growth of 34.2% y-o-y at a margin of 21.3%.Despite this, we achieved our 13th consecutive period of q-o-q topline growth.