Financials Affle (India) Limited NSE India S.E.

Equities

AFFLE

INE00WC01019

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End-of-day quote NSE India S.E. 06:00:00 2024-02-04 pm EST 5-day change 1st Jan Change
1,195 INR -2.89% Intraday chart for Affle (India) Limited +0.28% -8.51%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 25,635 139,154 167,903 131,532 154,951 - -
Enterprise Value (EV) 1 25,046 139,529 163,341 126,106 143,430 140,509 136,497
P/E ratio 38.5 x 103 x 77.9 x 53.6 x 54.2 x 42.4 x 33.4 x
Yield - - - - - - -
Capitalization / Revenue 7.68 x 26.9 x 15.5 x 9.17 x 8.49 x 6.99 x 5.78 x
EV / Revenue 7.5 x 27 x 15.1 x 8.79 x 7.86 x 6.34 x 5.09 x
EV / EBITDA 26.7 x 108 x 76.6 x 43.8 x 40.2 x 30.4 x 24 x
EV / FCF 59.7 x 267 x -192 x 185 x 58.5 x 48.7 x 35.7 x
FCF Yield 1.68% 0.38% -0.52% 0.54% 1.71% 2.05% 2.8%
Price to Book - - 14.3 x 8.97 x 7.07 x 6.24 x 5.09 x
Nbr of stocks (in thousands) 127,482 127,482 133,251 133,251 140,132 - -
Reference price 2 201.1 1,092 1,260 987.1 1,106 1,106 1,106
Announcement Date 5/30/20 5/29/21 5/14/22 5/13/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,494 3,338 5,168 10,817 14,340 18,250 22,165 26,801
EBITDA 1 - 939.8 1,297 2,131 2,881 3,572 4,623 5,685
EBIT 1 - 806.5 1,100 1,802 2,386 2,858 3,694 4,713
Operating Margin - 24.16% 21.29% 16.66% 16.64% 15.66% 16.67% 17.59%
Earnings before Tax (EBT) 1 - 792.2 1,479 2,448 2,816 3,092 4,092 5,212
Net income 1 - 655.2 1,348 2,139 2,446 2,827 3,637 4,604
Net margin - 19.63% 26.09% 19.77% 17.06% 15.49% 16.41% 17.18%
EPS 2 - 5.226 10.59 16.18 18.43 20.42 26.09 33.10
Free Cash Flow 1 - 419.7 523.4 -851.2 680.3 2,452 2,883 3,819
FCF margin - 12.57% 10.13% -7.87% 4.74% 13.43% 13.01% 14.25%
FCF Conversion (EBITDA) - 44.66% 40.36% - 23.62% 68.64% 62.37% 67.17%
FCF Conversion (Net income) - 64.06% 38.82% - 27.81% 86.73% 79.28% 82.95%
Dividend per Share - - - - - - - -
Announcement Date 8/5/19 5/30/20 5/29/21 5/14/22 5/13/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,505 1,416 1,525 2,747 3,394 3,151 3,475 3,546 3,761 3,558 4,066 4,396 4,867 4,990 4,933
EBITDA 1 - - - 520.1 676.9 583.7 686.6 707.8 803.3 690 781 870 989.2 975 996
EBIT 1 333.2 292.4 298.6 439.5 578.2 485.6 593.7 577.4 667.9 554.5 636.9 725 795.5 773.5 809
Operating Margin 22.14% 20.65% 19.58% 16% 17.04% 15.41% 17.09% 16.28% 17.76% 15.58% 15.66% 16.49% 16.35% 15.5% 16.4%
Earnings before Tax (EBT) - - - 570.3 703.6 - - - - - - - 808.5 - -
Net income 1 - - 357.2 476.1 620.7 684.7 545.3 586.8 689.8 624 661.8 699.5 751.2 767 806
Net margin - - 23.43% 17.33% 18.29% 21.73% 15.69% 16.55% 18.34% 17.54% 16.28% 15.91% 15.44% 15.37% 16.34%
EPS 2 - - 2.736 18.08 4.700 5.180 4.130 4.430 5.190 4.680 4.970 5.250 5.474 5.483 6.000
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 2/6/21 5/29/21 8/7/21 11/10/21 2/5/22 5/14/22 8/6/22 11/7/22 2/4/23 5/13/23 8/5/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 375 - - - - -
Net Cash position 1 - 590 - 4,562 5,426 11,522 14,442 18,455
Leverage (Debt/EBITDA) - - 0.2895 x - - - - -
Free Cash Flow 1 - 420 523 -851 680 2,452 2,883 3,819
ROE (net income / shareholders' equity) - 43.5% 45.9% 27.8% 18.5% 15.4% 16.1% 16.7%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 - - - 88.40 110.0 156.0 177.0 217.0
Cash Flow per Share - - - - - - - -
Capex 1 - 311 493 2,911 1,923 932 1,155 1,309
Capex / Sales - 9.31% 9.54% 26.91% 13.41% 5.11% 5.21% 4.89%
Announcement Date 8/5/19 5/30/20 5/29/21 5/14/22 5/13/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
1,106 INR
Average target price
1,306 INR
Spread / Average Target
+18.11%
Consensus
  1. Stock Market
  2. Equities
  3. AFFLE Stock
  4. AFFLE Stock
  5. Financials Affle (India) Limited