Financial Performance Overview
Affle 3i Limited reported strong financial results for FY2025-26 with consolidated revenue from operations growing 19.5% to ₹27,093.09 million (₹22,663.08 million in FY25). Profit After Tax increased 19.1% to ₹4,548.51 million, with basic EPS of ₹32.38 and diluted EPS of ₹32.32. Standalone performance showed revenue of ₹9,339.49 million and PAT of ₹1,339.19 million.
Key Financial Metrics
- EBITDA: ₹6,100.56 million (26.3% increase, margin 22.5% vs 21.3%)
- Cash & Cash Equivalents: ₹12,074.35 million
- Total Equity: ₹36,522.13 million (24.2% increase)
- Trade Receivables: ₹3,856.13 million with impairment allowance of ₹142.77 million
- Operating Cash Flow: ₹5,023.49 million (17.9% increase)
- Debt/Equity Ratio: 0.003x
Business Model & Operational Highlights
The company's CPCU revenue constituted 99.2% of total revenue at ₹27,093.09 million, delivering 456 million conversions across 4 billion+ connected devices. Geographic revenue mix showed India and Emerging Markets contributing 72.9% with operations spanning 130+ countries through 21 subsidiaries.
Technology & Innovation
Affle deepened its AI-powered verticalized intelligence strategy with 18 granted patents and 21 filed patents (300+ enforceable claims globally). The company launched new AI platforms including Niko (agentic campaign optimization) and enhanced OpticksAI (creative automation), supported by 163 R&D professionals and 197 data platform operations staff.
Corporate Governance & AGM Details
The 31st Annual General Meeting is scheduled for September 22, 2026 at 10:30 AM IST via video conferencing, including special business to amend Articles of Association. The board composition includes 9 directors with 5 Non-Executive Independent Directors (56% independence) and 2 Women Directors.
Director Changes
- Dr. Hanny Kusnadi appointed as Non-Executive Independent Director (April 8, 2025)
- Dr. Simon Arthur Chesterman and Mr. Piyush Gupta appointed as Non-Executive Independent Directors (May 11, 2025)
- Mr. Bijynath, Ms. Sumit Mamak Chadha and Mr. Vivek Narayan Gour ceased as Independent Directors (May 31, 2025)
- Mr. Vivek Narayan Gour appointed as Non-Executive Non-Independent Director (June 5, 2025)
- Mr. Anuj Kumar resigned as Non-Executive Director (April 16, 2026)
ESG & Compliance
BRSR Core Assurance
TÜV India Private Limited provided limited assurance on 9 BRSR Core attributes, confirming no material misstatements in disclosures. The company maintained ISO/IEC 27001:2022 certification and Data Protection Trustmark (DPTM) Singapore compliance with no data breaches or privacy incidents reported.
CSR Initiatives
CSR expenditure of ₹23.12 million focused on Education and Skill Development through 7 NGO partners including Saajha, Rahab Centre for Hope, and Nav Gurukul, supported by employee volunteering programs.
Audit & Tax Matters
Walker Chandiok & Co LLP issued unmodified audit opinions, identifying revenue recognition and recoverability of trade receivables as key audit matters. Several income tax demands are under dispute totaling approximately ₹251 million across assessment years 2017-18 to 2022-23, pending with various appellate authorities.
Capital Structure & Corporate Actions
- Equity Share Capital: ₹281.20 million (140,757,384 equity shares of ₹2 each)
- ESOP Grants: 261,074 equity shares allotted during FY2025-26 under Employee Stock Option Scheme 2021
- Investments: ₹7,900.35 million in subsidiaries including Affle International Pte. Ltd. (₹6,517.18 million)
- No dividend recommended for FY2025-26
Risk Factors & Forward Outlook
The company disclosed external risks including macroeconomic uncertainties affecting advertiser budgets, technological changes, competitive pressures, and regulatory changes in digital advertising. Internal risks covered compliance, systems security, and data privacy. Forward-looking statements indicate continued focus on growth strategy subject to market risks and uncertainties.