AFFLE (INDIA) LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,137 INR | -1.66% |
|
-7.37% | -12.93% |
| 25/05 | Transcript : Affle Limited, Q4 2024 Earnings Call, May 25, 2024 | |
| 24/05 | Affle Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: March | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 25,635 | 1,39,154 | 1,67,903 | 1,31,532 | 1,59,365 | - | - |
| Enterprise Value (EV) 1 | 25,046 | 1,39,529 | 1,63,341 | 1,26,106 | 1,45,976 | 1,45,819 | 1,42,094 |
| P/E ratio | 38.5 x | 103 x | 77.9 x | 53.6 x | 47.5 x | 42.1 x | 33.2 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 7.68 x | 26.9 x | 15.5 x | 9.17 x | 7.92 x | 7.12 x | 5.85 x |
| EV / Revenue | 7.5 x | 27 x | 15.1 x | 8.79 x | 7.92 x | 6.52 x | 5.22 x |
| EV / EBITDA | 26.7 x | 108 x | 76.6 x | 43.8 x | 40.6 x | 32.3 x | 25 x |
| EV / FCF | 59.7 x | 267 x | -192 x | 185 x | 60.3 x | 55.4 x | 36.9 x |
| FCF Yield | 1.68% | 0.38% | -0.52% | 0.54% | 1.66% | 1.81% | 2.71% |
| Price to Book | - | - | 14.3 x | 8.97 x | 7.27 x | 5.56 x | 4.79 x |
| Nbr of stocks (in thousands) | 1,27,482 | 1,27,482 | 1,33,251 | 1,33,251 | 1,40,132 | - | - |
| Reference price 2 | 201.1 | 1,092 | 1,260 | 987.1 | 1,137 | 1,137 | 1,137 |
| Announcement Date | 30/05/20 | 29/05/21 | 14/05/22 | 13/05/23 | 24/05/24 | - | - |
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 | 18,428 | 22,380 | 27,234 |
| EBITDA 1 | - | 939.8 | 1,297 | 2,131 | 2,881 | 3,600 | 4,515 | 5,678 |
| EBIT 1 | - | 806.5 | 1,100 | 1,802 | 2,386 | 2,885 | 3,691 | 4,720 |
| Operating Margin | - | 24.16% | 21.29% | 16.66% | 16.64% | 15.65% | 16.49% | 17.33% |
| Earnings before Tax (EBT) 1 | - | 792.2 | 1,479 | 2,448 | 2,816 | 3,268 | 4,293 | 5,461 |
| Net income 1 | - | 655.2 | 1,348 | 2,139 | 2,446 | 2,973 | 3,776 | 4,776 |
| Net margin | - | 19.63% | 26.09% | 19.77% | 17.06% | 16.13% | 16.87% | 17.54% |
| EPS 2 | - | 5.226 | 10.59 | 16.18 | 18.43 | 21.91 | 27.04 | 34.22 |
| Free Cash Flow 1 | - | 419.7 | 523.4 | -851.2 | 680.3 | 2,452 | 2,634 | 3,850 |
| FCF margin | - | 12.57% | 10.13% | -7.87% | 4.74% | 13.43% | 11.77% | 14.14% |
| FCF Conversion (EBITDA) | - | 44.66% | 40.36% | - | 23.62% | 68.64% | 58.35% | 67.81% |
| FCF Conversion (Net income) | - | 64.06% | 38.82% | - | 27.81% | 86.73% | 69.77% | 80.62% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 05/08/19 | 30/05/20 | 29/05/21 | 14/05/22 | 13/05/23 | 24/05/24 | - | - |
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 | 4,992 | 5,204 |
| EBITDA 1 | - | - | - | 520.1 | 676.9 | 583.7 | 686.6 | 707.8 | 803.3 | 690 | 781 | 870 | 989.2 | 975 | 1,028 |
| 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 | 774.3 | 849 |
| 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% | 15.51% | 16.31% |
| 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 | 773.5 | 884.5 |
| Net margin | - | - | 23.43% | 17.33% | 18.29% | 21.73% | 15.69% | 16.55% | 18.34% | 17.54% | 16.28% | 15.91% | 15.44% | 15.49% | 17% |
| EPS 2 | - | - | 2.736 | 18.08 | 4.700 | 5.180 | 4.130 | 4.430 | 5.190 | 4.680 | 4.970 | 5.250 | 5.474 | 5.588 | 6.400 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 06/02/21 | 29/05/21 | 07/08/21 | 10/11/21 | 05/02/22 | 14/05/22 | 06/08/22 | 07/11/22 | 04/02/23 | 13/05/23 | 05/08/23 | - | - | - | - |
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 | 13,546 | 17,271 |
| Leverage (Debt/EBITDA) | - | - | 0.2895 x | - | - | - | - | - |
| Free Cash Flow 1 | - | 420 | 523 | -851 | 680 | 2,452 | 2,634 | 3,850 |
| ROE (net income / shareholders' equity) | - | 43.5% | 45.9% | 27.8% | 18.5% | 15.4% | 13.8% | 15.1% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | - | - | - | 88.40 | 110.0 | 156.0 | 205.0 | 238.0 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | - | 311 | 493 | 2,911 | 1,923 | 932 | 1,411 | 1,473 |
| Capex / Sales | - | 9.31% | 9.54% | 26.91% | 13.41% | 5.11% | 6.3% | 5.41% |
| Announcement Date | 05/08/19 | 30/05/20 | 29/05/21 | 14/05/22 | 13/05/23 | 24/05/24 | - | - |
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-
Sell
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
1,137
INR
Average target price
1,385
INR
Spread / Average Target
+21.75%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -12.93% | 1.91B | |
| -25.00% | 510M | |
| +7.14% | 364M | |
| -31.74% | 364M | |
| +22.01% | 174M | |
| -47.69% | 116M | |
| +11.21% | 113M | |
| +59.79% | 87.54M | |
| +3.37% | 85.38M | |
| -33.07% | 74.45M |
- Stock Market
- Equities
- AFFLE Stock
- Financials Affle (India) Limited
