MarketFriction

Affle 3i Ltd

NSE AFFLE · BSE 542752 · IT Enabled Services
₹1,449.60 -4.06%
NSE close2026-10-01
52 week range1,251.30 - 1,994.30
Market cap₹21,151 Cr.
P/E44.3
Nifty 500Nifty Smallcap 50Nifty Smallcap 100Smallcap 250 Price band 20% Delivery 49.1%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales431499506520543602602621647717724747
Expenses344402408415430470468481501554563580
Operating Profit879798104113131134140146163161168
OPM %20%19%19%20%21%22%22%23%23%23%22%22%
Other Income101027252921191722182125
Interest655443221111
Depreciation181820192526272632333334
Profit before tax7383100107113124124129135146148158
Tax %9%8%13%19%19%19%17%18%18%18%19%19%
Net Profit6777878792100103106111119120128
EPS in Rs5.015.486.246.186.567.137.347.507.868.488.499.12
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1672493345171,0821,4341,8432,2662,7092,836
Expenses1221792463878691,1461,4831,7832,0992,198
Operating Profit467088130213288360483610638
OPM %27%28%26%25%20%20%20%21%23%22%
Other Income00642725457947886
Interest1114711191354
Depreciation810132032497297124133
Profit before tax376079148245282327468559587
Tax %24%18%17%9%12%13%9%18%19%
Net Profit284966135215245297382455478
EPS in Rs2.294.025.1410.5716.0518.3621.2027.1832.3133.95
Dividend Payout %0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%39%24%20%
Compounded Profit Growth%28%23%19%
Stock Price CAGR%7%11%-23%
Return on Equity%16%14%14%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital242426262727282828
Reserves6482043331,1511,4382,4702,9183,624
Borrowings09681191491061838215
Other Liabilities4677105275497437592583744
Total Liabilities761584027531,8242,0083,2733,6124,411
Fixed Assets27571633616997861,1441,2211,394
CWIP02540424998111131
Investments0007613503763114
Other Assets49992342769481,1741,9932,2162,773
Total Assets761584027531,8242,0083,2733,6124,411
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity424872102206260262426502
Cash from Investing Activity-29-50-162-175-554-186-572-92-299
Cash from Financing Activity-4813953615-59783-92-43
Net Cash Flow9649-2026716473242160
Free Cash Flow33334152133168147266291
CFO/OP108%80%94%87%110%104%82%104%100%
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%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters59.89%56.93%56.92%55.14%55.09%55.03%55.02%55.00%54.97%54.95%54.92%54.91%
FIIs9.66%14.35%14.79%15.30%15.55%16.49%16.09%18.42%19.02%17.79%16.66%15.37%
DIIs14.28%14.71%14.72%16.21%15.59%14.57%15.31%13.82%14.68%16.36%17.90%18.77%
Public16.12%13.95%13.50%13.33%13.70%13.80%13.47%12.69%11.23%10.80%10.40%10.82%
Others0.06%0.05%0.07%0.05%0.09%0.08%0.10%0.09%0.11%0.11%0.11%0.12%
No. of Shareholders3,52,8263,22,4993,08,4702,89,3622,83,4232,75,2412,76,0422,61,7242,52,6742,47,2242,40,7752,43,769

Fundamentals

Market Cap₹ 21,151 Cr.
Current Price₹ 1,501
Stock P/E44.3
Book Value₹ 259
ROCE16.8 %
ROE13.8 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)20%
Compounded Profit Growth (TTM)19%
Consolidated figures.
Valuation
Market capRs 20,346 Cr
Enterprise valueRs 19,036 Cr
P/E (TTM)42.58x
Price to book6.91x
Price to sales7.17x
EV / EBITDA26.29x
EV / EBIT32.19x
EV / sales6.71x
Price to cash flow47.76x
Earnings yield2.35%
P/E, 3-year average53.99x
P/B, 3-year average7.49x
P/E, 5-year average52.22x
P/B, 5-year average8.90x
Profitability
Operating margin (excl. other income)21.32%
Operating margin (incl. other income)25.46%
EBITDA margin25.53%
Pre-tax margin20.71%
Net profit margin16.85%
Net margin, latest quarter17.19%
ROE14.03%
ROCE16.82%
ROA11.09%
ROE, 3-year average15.85%
ROCE, 3-year average17.77%
ROA, 3-year average11.71%
ROE, 5-year average24.25%
ROCE, 5-year average24.08%
ROA, 5-year average15.01%
ROIC (approx.)29.50%
Tax rate18.34%
Other income / net worth3.18%
Growth
Sales growth (latest year)22.98%
Profit growth (latest year)28.46%
Sales CAGR, 3 years27.96%
Sales CAGR, 5 years46.68%
Profit CAGR, 3 years21.32%
Profit CAGR, 5 years42.27%
Sales growth QoQ3.14%
Profit growth QoQ7.47%
Sales growth YoY (latest quarter)20.37%
Profit growth YoY (latest quarter)21.74%
Per share
EPS (TTM)Rs 34.04
EPS (latest year)Rs 27.21
EPS (latest quarter)Rs 9.15
EPS, 3-year averageRs 22.26
EPS, 5-year averageRs 27.14
Book value per shareRs 209.93
Sales per shareRs 202.04
Cash flow per shareRs 30.35
Free cash flow per shareRs 20.73
Efficiency
Asset turnover0.63x
Fixed asset turnover1.86x
Debtor days48 days
Debtors turnover7.59x
Cash conversion cycle52 days
Working capital days82 days
Leverage
Total debtRs 82 Cr
Cash and bankRs 1,392 Cr
Net debtRs -1,310 Cr
Debt to equity0.03x
Net debt / EBITDA-1.81x
Interest coverage143.88x
Current ratio (filing 2026-03-31)3.41x
Quick ratio (filing 2026-03-31)3.41x
Trade payables (filing 2026-03-31)Rs 594 Cr
Owners' fund to total sources81.58%
Debt to assets2.27%
Cash flow
Cash from Operating Activity (latest year)Rs 426 Cr
Cash from Investing Activity (latest year)Rs -92 Cr
Cash from Financing Activity (latest year)Rs -92 Cr
Net Cash Flow (latest year)Rs 242 Cr
Free cash flow (latest year)Rs 291 Cr
FCFE (approx.: FCF + change in debt)Rs 190 Cr
Cash from ops / profit, 5 years1.04x
Sales to cash flow5.32x
Statement figures
Net sales (TTM)Rs 2,836 Cr
Net sales (latest year)Rs 2,266 Cr
Sales (latest quarter)Rs 747 Cr
Operating profit excl. other income (latest year)Rs 483 Cr
Operating profit (latest quarter)Rs 168 Cr
Other income (TTM)Rs 86 Cr
EBITDA (TTM)Rs 724 Cr
PBDT (TTM)Rs 720 Cr
Profit before tax (TTM)Rs 587 Cr
Tax (latest year)Rs 86 Cr
Net profit (TTM)Rs 478 Cr
Net profit (latest year)Rs 382 Cr
Net profit (latest quarter)Rs 128 Cr
Depreciation (TTM)Rs 133 Cr
Depreciation (latest quarter)Rs 34 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 1,384 Cr
Total expenditure (latest year)Rs 1,783 Cr
Total income (latest year)Rs 2,360 Cr
Share capitalRs 28 Cr
ReservesRs 2,918 Cr
Shareholders' fundsRs 2,946 Cr
Total assetsRs 3,612 Cr
Net blockRs 1,221 Cr
Capital work in progressRs 111 Cr
InvestmentsRs 63 Cr
ReceivablesRs 299 Cr
Other liabilitiesRs 583 Cr
Shares outstanding (crore)14.04
Ownership
Promoter holding54.91% (-0.09 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 42.6 is the lowest in its own 7.2-year history (median 97.1, low 42.6, high 317.6).
P/B 6.91 is at the 1th percentile (median 36.45).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodAFFLENifty 50Difference
1 week-8.7%-2.8% -5.9 pts
1 month-7.4%-6.8% -0.6 pts
3 months-1.0%-7.6% +6.6 pts
6 months+0.0%+0.4% -0.4 pts
1 year-29.7%-9.9% -19.8 pts
2 years-8.2%-13.6% +5.3 pts
3 years+31.0%+14.2% +16.8 pts
5 years+33.9%+27.9% +6.0 pts
112 mutual fund schemes hold about ₹3,700 Cr. Over three months 91 bought more and 5 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Nippon India Small Cap Fund0.50%413 +8%
ICICI Pru India Opp Fund0.89%339 +22%
Canara Rob Small Cap Fund1.96%288 +8%
UTI Flexi Cap Fund1.17%283 +19%
Axis Small Cap Fund0.65%205 +9%
Sundaram Large and Mid Cap Fund2.47%179 +5%
Franklin India Opportunities Fund1.28%124 +8%
Sundaram Small Cap Fund2.74%114 +14%
Sundaram Services Fund2.14%113 +18%
Sundaram Services Fund2.14%110 +18%
Canara Rob Flexi Cap Fund0.73%100 +97%
UTI Small Cap Fund1.69%89 +9%
Sundaram Aggressive Hybrid Fund(M0.71%65 +10%
PGIM India Flexi Cap Fund1.09%65 +11%
Tata Digital India Fund0.63%65 +1%
Canara Rob Multi Cap Fund1.12%64 +5%
Canara Rob Focused Fund2.18%64 +54%
Aditya Birla SL Digital India Fund1.45%60 +13%
Sundaram Multi Cap Fund1.83%56 +8%
UTI MNC Fund1.91%53 +11%
PGIM India Midcap Fund0.45%50 +11%
ICICI Pru Business Cycle Fund0.30%48 +15%
Sundaram Business Cycle Fund2.70%47 +7%
ICICI Pru Technology Fund0.32%44 +5%
UTI Innovation Fund5.47%43 +4%

Red flags

F-score 8 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2026-04-14Kapil Mohan BhutaniKey Managerial PersonnelotherOthers
2026-03-30Kapil Mohan BhutaniKey Managerial Personnelbuy3,121Rs 0.45 CrMarket Purchase
2026-03-25Nimisha Agarwal-other200Rs 0.02 CrESOP
2026-03-25Affle (India) Limited Employees WeOtherother200Rs 0.02 CrESOP
2026-03-25Kapil Mohan BhutaniKey Managerial PersonnelotherPledge Creation
2026-03-23Parmita ChoudhuryKey Managerial Personnelother500Rs 0.06 CrESOP
2026-03-23Affle (India) Limited Employees WeOtherother500Rs 0.06 CrESOP
2026-03-19Affle (India) Limited Employees WeOtherother1,848Rs 0.24 CrESOP
2026-03-18Affle (India) Limited Employees WeOtherother7,920Rs 0.83 CrESOP
2026-03-18Anuj KumarDirectorother7,920Rs 0.83 CrESOP
2026-03-11Affle (India) Limited Employees WeOtherother12,900Rs 1.36 CrESOP
2026-03-11Anuj KumarDirectorother12,900Rs 1.35 CrESOP
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹747 Cr +20.3% vs Jun 2025. Net profit ₹128 Cr +20.8%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2021-10-07 Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share0.2000
DateTypeWhat it says
2026-09-28Concall / analyst meetSchedule of meet
2026-09-22Amendment to AOA/MOAThe Amendment to AOA/MOA of the company.
2026-09-22Shareholder meetingProceedings of Annual General Meeting held on September 22, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along w...
2026-09-21Concall / analyst meetSchedule of meet
2026-09-18Concall / analyst meetSchedule of meet
2026-09-15Concall / analyst meetSchedule of meet
2026-09-11Concall / analyst meetSchedule of meet
2026-09-09Concall / analyst meetSchedule of meet
2026-09-03Concall / analyst meetSchedule of meet
2026-09-02Concall / analyst meetSchedule of meet
2026-08-27Concall / analyst meetSchedule of meet
2026-08-27General UpdatesThe Letter to be sent to the Shareholders.
2026-08-27General UpdatesBusiness Responsibility and Sustainability Report for FY 2025-2026.
2026-08-27Shareholder meetingNotice of Annual General Meeting to be held on September 22, 2026
2026-08-25Concall / analyst meetSchedule of meet
2026-08-19Concall / analyst meetSchedule of meet
2026-08-17Concall / analyst meetTranscript
2026-08-14AllotmentAllotment of 34964 equity shares pursuant to conversion of warrants on August 14, 2026
2026-08-11Monitoring Agency ReportPlease find the Monitoring Agency Report attached
2026-08-10Concall / analyst meetLink of Recording
2026-08-08Press ReleaseA press release dated August 08, 2026, titled "Affle reports robust performance for Q1 FY2027".
2026-08-08Investor PresentationInvestor Presentation
2026-08-08General UpdatesPlease find attached unaudited Standalone and Consolidated Financial Results of the Company for the first quarter ended June 30, 2026.
2026-08-08Board meeting outcomeAffle 3i Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-05Concall / analyst meetSchedule of meet
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
The Overall encumbered share in the scrip is more than 50 Percent.

Quick answers

What is the market cap of Affle 3i Ltd?

Affle 3i Ltd (AFFLE) has a market capitalisation of Rs 21,151 Cr. at the 2026-10-01 close.

What is the P/E ratio of Affle 3i Ltd?

Affle 3i Ltd trades at a P/E of 44.3 on trailing twelve-month profit, at the 2026-10-01 close.

What were Affle 3i Ltd's latest quarterly results?

In the Jun 2026 quarter, Affle 3i Ltd sales was Rs 747 Cr (+20.3% vs Jun 2025) and net profit was Rs 128 Cr.

What is the 52-week high and low of Affle 3i Ltd?

The 52-week high is Rs 1,994.30 and the 52-week low is Rs 1,251.30.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03