| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 431 | 499 | 506 | 520 | 543 | 602 | 602 | 621 | 647 | 717 | 724 | 747 | |
Growth YoY Revenue Growth YoY% | 21.6 | 32.6 | 42.3 | 27.8 | 25.9 | 20.6 | 19.0 | 19.5 | 19.1 | 19.3 | 20.3 | 20.4 |
| 344 | 402 | 408 | 415 | 430 | 470 | 468 | 481 | 501 | 554 | 563 | 580 | |
| 87 | 97 | 98 | 104 | 113 | 131 | 134 | 140 | 146 | 163 | 161 | 168 | |
OPM OPM% | 20.2 | 19.4 | 19.4 | 20.1 | 20.9 | 21.8 | 22.2 | 22.5 | 22.6 | 22.7 | 22.3 | 22.4 |
| 10 | 10 | 27 | 25 | 29 | 21 | 19 | 17 | 22 | 18 | 21 | 25 | |
Interest Expense Interest ExpenseCr | 6 | 5 | 5 | 4 | 4 | 3 | 2 | 2 | 1 | 1 | 1 | 1 |
Depreciation DepreciationCr | 18 | 18 | 20 | 19 | 25 | 26 | 27 | 26 | 32 | 33 | 33 | 34 |
PBT PBTCr | 73 | 83 | 100 | 107 | 114 | 124 | 124 | 129 | 135 | 146 | 148 | 158 |
| 6 | 7 | 13 | 20 | 22 | 24 | 21 | 24 | 25 | 27 | 29 | 29 | |
| 67 | 77 | 87 | 87 | 92 | 100 | 103 | 106 | 111 | 119 | 120 | 128 | |
Growth YoY PAT Growth YoY% | 13.2 | 11.2 | 40.2 | 30.9 | 37.8 | 30.5 | 17.8 | 21.8 | 20.1 | 19.1 | 15.9 | 21.7 |
NPM NPM% | 15.5 | 15.4 | 17.3 | 16.7 | 16.9 | 16.7 | 17.1 | 17.0 | 17.1 | 16.6 | 16.5 | 17.2 |
| 5.0 | 5.7 | 6.5 | 6.2 | 6.6 | 7.2 | 7.3 | 7.5 | 7.9 | 8.5 | 8.5 | 9.1 |
| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 431 | 499 | 506 | 520 | 543 | 602 | 602 | 621 | 647 | 717 | 724 | 747 | |
Growth YoY Revenue Growth YoY% | 21.6 | 32.6 | 42.3 | 27.8 | 25.9 | 20.6 | 19.0 | 19.5 | 19.1 | 19.3 | 20.3 | 20.4 |
| 344 | 402 | 408 | 415 | 430 | 470 | 468 | 481 | 501 | 554 | 563 | 580 | |
| 87 | 97 | 98 | 104 | 113 | 131 | 134 | 140 | 146 | 163 | 161 | 168 | |
OPM OPM% | 20.2 | 19.4 | 19.4 | 20.1 | 20.9 | 21.8 | 22.2 | 22.5 | 22.6 | 22.7 | 22.3 | 22.4 |
| 10 | 10 | 27 | 25 | 29 | 21 | 19 | 17 | 22 | 18 | 21 | 25 | |
Interest Expense Interest ExpenseCr | 6 | 5 | 5 | 4 | 4 | 3 | 2 | 2 | 1 | 1 | 1 | 1 |
Depreciation DepreciationCr | 18 | 18 | 20 | 19 | 25 | 26 | 27 | 26 | 32 | 33 | 33 | 34 |
PBT PBTCr | 73 | 83 | 100 | 107 | 114 | 124 | 124 | 129 | 135 | 146 | 148 | 158 |
| 6 | 7 | 13 | 20 | 22 | 24 | 21 | 24 | 25 | 27 | 29 | 29 | |
| 67 | 77 | 87 | 87 | 92 | 100 | 103 | 106 | 111 | 119 | 120 | 128 | |
Growth YoY PAT Growth YoY% | 13.2 | 11.2 | 40.2 | 30.9 | 37.8 | 30.5 | 17.8 | 21.8 | 20.1 | 19.1 | 15.9 | 21.7 |
NPM NPM% | 15.5 | 15.4 | 17.3 | 16.7 | 16.9 | 16.7 | 17.1 | 17.0 | 17.1 | 16.6 | 16.5 | 17.2 |
| 5.0 | 5.7 | 6.5 | 6.2 | 6.6 | 7.2 | 7.3 | 7.5 | 7.9 | 8.5 | 8.5 | 9.1 |
| Financial Year | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 167 | 249 | 334 | 517 | 1,082 | 1,434 | 1,843 | 2,266 | 2,709 | 2,836 |
Growth Revenue Growth% | 49.1 | 33.8 | 54.8 | 109.3 | 32.6 | 28.5 | 23.0 | 19.6 | 19.8 | |
| 122 | 179 | 246 | 387 | 869 | 1,145 | 1,483 | 1,783 | 2,099 | 2,198 | |
| 45 | 70 | 88 | 130 | 213 | 289 | 360 | 483 | 610 | 638 | |
OPM OPM% | 27.2 | 28.2 | 26.3 | 25.1 | 19.7 | 20.1 | 19.5 | 21.3 | 22.5 | 22.5 |
| 0 | 0 | 6 | 42 | 71 | 54 | 57 | 94 | 78 | 86 | |
Interest Expense Interest ExpenseCr | 1 | 1 | 1 | 4 | 7 | 11 | 19 | 13 | 5 | 4 |
Depreciation DepreciationCr | 8 | 10 | 13 | 20 | 32 | 49 | 72 | 97 | 124 | 133 |
PBT PBTCr | 37 | 60 | 79 | 148 | 245 | 282 | 327 | 468 | 559 | 587 |
| 9 | 11 | 14 | 13 | 30 | 36 | 30 | 86 | 104 | 109 | |
PAT PATCr | 28 | 49 | 66 | 135 | 215 | 245 | 297 | 382 | 455 | 478 |
Growth PAT Growth% | 75.4 | 34.2 | 106.1 | 59.0 | 14.3 | 21.1 | 28.5 | 19.1 | 19.2 | |
NPM NPM% | 16.6 | 19.6 | 19.6 | 26.1 | 19.9 | 17.1 | 16.1 | 16.9 | 16.8 | 16.9 |
| 11.5 | 20.1 | 5.2 | 10.6 | 16.2 | 18.4 | 21.9 | 27.2 | 32.4 | 34.0 |
| Financial Year | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 167 | 249 | 334 | 517 | 1,082 | 1,434 | 1,843 | 2,266 | 2,709 | 2,836 |
Growth Revenue Growth% | 49.1 | 33.8 | 54.8 | 109.3 | 32.6 | 28.5 | 23.0 | 19.6 | 19.8 | |
| 122 | 179 | 246 | 387 | 869 | 1,145 | 1,483 | 1,783 | 2,099 | 2,198 | |
| 45 | 70 | 88 | 130 | 213 | 289 | 360 | 483 | 610 | 638 | |
OPM OPM% | 27.2 | 28.2 | 26.3 | 25.1 | 19.7 | 20.1 | 19.5 | 21.3 | 22.5 | 22.5 |
| 0 | 0 | 6 | 42 | 71 | 54 | 57 | 94 | 78 | 86 | |
Interest Expense Interest ExpenseCr | 1 | 1 | 1 | 4 | 7 | 11 | 19 | 13 | 5 | 4 |
Depreciation DepreciationCr | 8 | 10 | 13 | 20 | 32 | 49 | 72 | 97 | 124 | 133 |
PBT PBTCr | 37 | 60 | 79 | 148 | 245 | 282 | 327 | 468 | 559 | 587 |
| 9 | 11 | 14 | 13 | 30 | 36 | 30 | 86 | 104 | 109 | |
PAT PATCr | 28 | 49 | 66 | 135 | 215 | 245 | 297 | 382 | 455 | 478 |
Growth PAT Growth% | 75.4 | 34.2 | 106.1 | 59.0 | 14.3 | 21.1 | 28.5 | 19.1 | 19.2 | |
NPM NPM% | 16.6 | 19.6 | 19.6 | 26.1 | 19.9 | 17.1 | 16.1 | 16.9 | 16.8 | 16.9 |
| 11.5 | 20.1 | 5.2 | 10.6 | 16.2 | 18.4 | 21.9 | 27.2 | 32.4 | 34.0 |
| Financial Year | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 24 | 24 | 26 | 26 | 27 | 27 | 28 | 28 | 28 |
Reserves ReservesCr | 6 | 48 | 204 | 333 | 1,151 | 1,447 | 2,481 | 2,934 | 3,642 |
| 44 | 77 | 130 | 194 | 429 | 403 | 643 | 629 | 735 | |
| 1 | 9 | 43 | 200 | 219 | 140 | 142 | 47 | 35 | |
| 76 | 158 | 402 | 753 | 1,827 | 2,011 | 3,283 | 3,622 | 4,421 | |
| 48 | 99 | 232 | 251 | 943 | 1,163 | 1,974 | 2,176 | 2,640 | |
| 29 | 59 | 170 | 502 | 884 | 848 | 1,309 | 1,446 | 1,782 | |
| 76 | 158 | 402 | 753 | 1,827 | 2,011 | 3,283 | 3,622 | 4,421 |
| Financial Year | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 24 | 24 | 26 | 26 | 27 | 27 | 28 | 28 | 28 |
Reserves ReservesCr | 6 | 48 | 204 | 333 | 1,151 | 1,447 | 2,481 | 2,934 | 3,642 |
| 44 | 77 | 130 | 194 | 429 | 403 | 643 | 629 | 735 | |
| 1 | 9 | 43 | 200 | 219 | 140 | 142 | 47 | 35 | |
| 76 | 158 | 402 | 753 | 1,827 | 2,011 | 3,283 | 3,622 | 4,421 | |
| 48 | 99 | 232 | 251 | 943 | 1,163 | 1,974 | 2,176 | 2,640 | |
| 29 | 59 | 170 | 502 | 884 | 848 | 1,309 | 1,446 | 1,782 | |
| 76 | 158 | 402 | 753 | 1,827 | 2,011 | 3,283 | 3,622 | 4,421 |
| Financial Year | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 42 | 48 | 72 | 102 | 206 | 260 | 262 | 426 | 502 | |
| -29 | -50 | -163 | -175 | -556 | -197 | -577 | -114 | -374 | |
| -4 | 8 | 139 | 53 | 615 | -59 | 783 | -92 | -43 | |
Net Cash Flow Net Cash FlowCr | 9 | 6 | 48 | -20 | 265 | 4 | 468 | 220 | 85 |
Free Cash Flow Free Cash FlowCr | 33 | 33 | 41 | 52 | 133 | 168 | 147 | 266 | 291 |
CFO To PAT CFO To PAT% | 150.5 | 97.9 | 109.7 | 75.3 | 95.9 | 106.0 | 88.2 | 111.5 | 110.4 |
CFO To EBITDA CFO To EBITDA% | 92.0 | 68.0 | 81.8 | 78.4 | 96.7 | 90.1 | 72.9 | 88.2 | 82.3 |
| Financial Year | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 42 | 48 | 72 | 102 | 206 | 260 | 262 | 426 | 502 | |
| -29 | -50 | -163 | -175 | -556 | -197 | -577 | -114 | -374 | |
| -4 | 8 | 139 | 53 | 615 | -59 | 783 | -92 | -43 | |
Net Cash Flow Net Cash FlowCr | 9 | 6 | 48 | -20 | 265 | 4 | 468 | 220 | 85 |
Free Cash Flow Free Cash FlowCr | 33 | 33 | 41 | 52 | 133 | 168 | 147 | 266 | 291 |
CFO To PAT CFO To PAT% | 150.5 | 97.9 | 109.7 | 75.3 | 95.9 | 106.0 | 88.2 | 111.5 | 110.4 |
CFO To EBITDA CFO To EBITDA% | 92.0 | 68.0 | 81.8 | 78.4 | 96.7 | 90.1 | 72.9 | 88.2 | 82.3 |
| Financial Year | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 2,586 | 13,916 | 16,778 | 13,143 | 14,582 | 22,595 | 20,393 | 22,363 | ||
Price To Earnings Price To Earnings | 39.5 | 103.2 | 78.5 | 53.7 | 49.0 | 59.1 | 44.8 | 46.6 | ||
Price To Sales Price To Sales | 7.8 | 26.9 | 15.5 | 9.2 | 7.9 | 10.0 | 7.5 | 7.9 | ||
Price To Book Price To Book | 11.3 | 38.8 | 14.2 | 8.9 | 5.8 | 7.6 | 5.5 | 6.1 | ||
EV To EBITDA EV To EBITDA | 28.8 | 107.8 | 76.6 | 43.6 | 37.6 | 44.0 | 31.3 | 33.4 | ||
GPM GPM% | 48.0 | 45.8 | 41.8 | 41.3 | 36.5 | 37.8 | 38.8 | 38.9 | 37.8 | 37.8 |
OPM OPM% | 27.2 | 28.2 | 26.3 | 25.1 | 19.7 | 20.1 | 19.5 | 21.3 | 22.5 | 22.5 |
NPM NPM% | 16.6 | 19.6 | 19.6 | 26.1 | 19.9 | 17.1 | 16.1 | 16.9 | 16.8 | 16.9 |
ROCE ROCE% | 123.8 | 74.5 | 27.2 | 31.7 | 19.0 | 18.6 | 12.8 | 15.8 | 15.3 | 15.3 |
ROE ROE% | 91.3 | 67.4 | 28.6 | 37.6 | 18.2 | 16.7 | 11.8 | 12.9 | 12.4 | 12.4 |
ROA ROA% | 36.6 | 30.9 | 16.3 | 17.9 | 11.8 | 12.2 | 9.1 | 10.5 | 10.3 | 10.3 |
| Financial Year | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 2,586 | 13,916 | 16,778 | 13,143 | 14,582 | 22,595 | 20,393 | 22,363 | ||
Price To Earnings Price To Earnings | 39.5 | 103.2 | 78.5 | 53.7 | 49.0 | 59.1 | 44.8 | 46.6 | ||
Price To Sales Price To Sales | 7.8 | 26.9 | 15.5 | 9.2 | 7.9 | 10.0 | 7.5 | 7.9 | ||
Price To Book Price To Book | 11.3 | 38.8 | 14.2 | 8.9 | 5.8 | 7.6 | 5.5 | 6.1 | ||
EV To EBITDA EV To EBITDA | 28.8 | 107.8 | 76.6 | 43.6 | 37.6 | 44.0 | 31.3 | 33.4 | ||
GPM GPM% | 48.0 | 45.8 | 41.8 | 41.3 | 36.5 | 37.8 | 38.8 | 38.9 | 37.8 | 37.8 |
OPM OPM% | 27.2 | 28.2 | 26.3 | 25.1 | 19.7 | 20.1 | 19.5 | 21.3 | 22.5 | 22.5 |
NPM NPM% | 16.6 | 19.6 | 19.6 | 26.1 | 19.9 | 17.1 | 16.1 | 16.9 | 16.8 | 16.9 |
ROCE ROCE% | 123.8 | 74.5 | 27.2 | 31.7 | 19.0 | 18.6 | 12.8 | 15.8 | 15.3 | 15.3 |
ROE ROE% | 91.3 | 67.4 | 28.6 | 37.6 | 18.2 | 16.7 | 11.8 | 12.9 | 12.4 | 12.4 |
ROA ROA% | 36.6 | 30.9 | 16.3 | 17.9 | 11.8 | 12.2 | 9.1 | 10.5 | 10.3 | 10.3 |
Documents — Affle 3i Ltd
Concall Transcript Summaries — Affle 3i Ltd