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Last Updated on: 17 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Affle India Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 15, 2024, 4:08 pm

Market Cap 22,179 Cr.
Current Price 1,580
High / Low1,715/998
Stock P/E64.7
Book Value 192
Dividend Yield0.00 %
ROCE16.2 %
ROE15.0 %
Face Value 2.00
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Affle India Ltd

Competitors of Affle India Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hathway Bhawani Cabletel & Datacom Ltd 14.3 Cr. 17.723.7/16.2 1.990.00 %2.26 %2.26 % 10.0
G V Films Ltd 136 Cr. 0.731.20/0.46 0.610.00 %2.27 %2.08 % 1.00
Encash Entertainment Ltd 11.3 Cr. 29.029.0/29.0 21.30.00 %3.81 %3.93 % 10.0
Diksat Transworld Ltd 256 Cr. 146149/126246 14.40.00 %3.36 %4.21 % 10.0
Cyber Media (India) Ltd 42.1 Cr. 26.944.0/17.217.1 0.650.00 %45.5 %% 10.0
Industry Average3,444.60 Cr151.65203.7852.890.16%37.18%10.95%5.86

All Competitor Stocks of Affle India Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales152275339315347355376356407431499506520
Expenses117223272257280284296287328344402408415
Operating Profit355268586871806978879798104
OPM %23%19%20%18%20%20%21%19%19%20%19%19%20%
Other Income1315142971316181010102725
Interest1222233336554
Depreciation5810991314141418182019
Profit before tax4157707664688070707383100107
Tax %13%16%11%10%14%13%14%11%6%9%8%13%19%
Net Profit36486269555969626667778787
EPS in Rs2.683.574.665.144.094.405.184.684.975.015.486.246.18

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month

Profit & Loss Yearly Chart

Unable to calculate YoY Net Profit Growth.

Growth

Compounded Sales Growth
10 Years:%
5 Years:49%
3 Years:53%
TTM:32%
Compounded Profit Growth
10 Years:%
5 Years:44%
3 Years:30%
TTM:30%
Stock Price CAGR
10 Years:%
5 Years:37%
3 Years:11%
1 Year:53%
Return on Equity
10 Years:%
5 Years:21%
3 Years:19%
Last Year:15%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:46 am

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital2424262627272828
Reserves6482043331,1511,4382,4702,667
Borrowings0968119149106183135
Other Liabilities4677105275497437592502
Total Liabilities761584027531,8242,0083,2733,332
Fixed Assets27571633616997861,1441,280
CWIP025404249980
Investments0007613503737
Other Assets49992342769481,1741,9932,014
Total Assets761584027531,8242,0083,2733,332

Reserves and Borrowings Chart

Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +424872102206260262
Cash from Investing Activity +-29-50-162-175-554-186-572
Cash from Financing Activity +-4813953615-59783
Net Cash Flow9649-2026716473

Free Cash Flow

Month
Free Cash Flow

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days36708176796263
Inventory Days
Days Payable
Cash Conversion Cycle36708176796263
Working Capital Days-35-91516-104240
ROCE %108%43%39%28%20%16%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters59.89%59.89%59.89%59.89%59.89%59.89%59.89%59.89%56.93%56.92%55.14%55.09%
FIIs15.66%15.40%14.69%14.24%12.66%11.43%9.97%9.66%14.35%14.79%15.30%15.55%
DIIs6.58%6.37%7.51%9.13%10.56%11.95%13.57%14.28%14.71%14.72%16.21%15.59%
Public17.87%18.33%17.85%16.69%16.83%16.68%16.52%16.12%13.95%13.50%13.33%13.70%
Others0.00%0.00%0.06%0.06%0.06%0.06%0.06%0.06%0.05%0.07%0.05%0.09%
No. of Shareholders3,09,9673,66,1853,79,8063,63,2093,65,6033,64,6153,61,2003,52,8263,22,4993,08,4702,89,3622,83,423

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
ICICI Prudential MidCap Fund1,056,6182.64113.93460,6282024-11-15129.39%
ICICI Prudential Multicap Fund1,014,3601.28109.37460,6282024-11-15120.21%
ICICI Prudential Technology Fund570,7010.5561.54460,6282024-11-1523.9%
Aditya Birla Sun Life Equity Advantage Fund539,0391.1158.12460,6282024-11-1517.02%
ICICI Prudential Balanced Advantage Fund460,6280.149.67460,6282024-11-150%
ICICI Prudential India Opportunities Fund417,3140.445460,6282024-11-15-9.4%
ICICI Prudential Bharat Consumption Fund382,1361.9341.2460,6282024-11-15-17.04%
Sundaram Services Fund377,9551.4640.75460,6282024-11-15-17.95%
UTI Small Cap Fund376,1531.340.56460,6282024-11-15-18.34%
Franklin India Smaller Companies Fund303,7440.3432.75460,6282024-11-15-34.06%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.0010.0010.00
Basic EPS (Rs.)21.9118.4316.1852.9626.13
Diluted EPS (Rs.)21.9118.4316.1852.9626.13
Cash EPS (Rs.)26.3222.2018.5860.6630.93
Book Value[Excl.RevalReserv]/Share (Rs.)178.30110.1788.51140.8889.88
Book Value[Incl.RevalReserv]/Share (Rs.)178.30110.1788.51140.8889.88
Revenue From Operations / Share (Rs.)131.53107.6781.17202.69130.91
PBDIT / Share (Rs.)29.7825.7621.3767.1436.86
PBIT / Share (Rs.)24.6722.0518.9459.4431.63
PBT / Share (Rs.)23.3221.1918.4158.0231.07
Net Profit / Share (Rs.)21.2218.4916.1552.9625.70
NP After MI And SOA / Share (Rs.)21.2218.3716.0552.8725.70
PBDIT Margin (%)22.6323.9226.3233.1228.15
PBIT Margin (%)18.7520.4723.3329.3224.16
PBT Margin (%)17.7319.6822.6728.6223.73
Net Profit Margin (%)16.1317.1619.8926.1319.62
NP After MI And SOA Margin (%)16.1317.0519.7726.0819.62
Return on Networth / Equity (%)11.9016.6918.1537.5728.59
Return on Capital Employeed (%)13.0918.2718.0427.1129.60
Return On Assets (%)9.0512.1611.7017.9116.30
Long Term Debt / Equity (X)0.020.030.070.240.12
Total Debt / Equity (X)0.070.070.120.320.27
Asset Turnover Ratio (%)0.690.330.440.750.88
Current Ratio (X)3.072.892.201.291.79
Quick Ratio (X)3.072.892.201.291.79
Interest Coverage Ratio (X)22.1130.0740.2447.1066.09
Interest Coverage Ratio (Post Tax) (X)16.7522.5831.4138.1547.07
Enterprise Value (Cr.)13512.8112594.5516322.5613970.122523.24
EV / Net Operating Revenue (X)7.338.7815.0927.037.56
EV / EBITDA (X)32.3936.7157.3181.6126.85
MarketCap / Net Operating Revenue (X)7.919.1615.5126.937.75
Price / BV (X)5.838.9714.2438.7911.28
Price / Net Operating Revenue (X)7.919.1615.5126.937.75
EarningsYield0.020.010.010.010.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Error: Data is incomplete for fair value calculation.

Strength and Weakness

Unable to fetch valid data for stock valuation.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Affle India Ltd:
    1. Net Profit Margin: 16.13%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 13.09% (Industry Average ROCE: 37.18%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 11.9% (Industry Average ROE: 10.95%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 16.75
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 3.07
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 64.7 (Industry average Stock P/E: 203.78)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.07
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Affle (India) Ltd. is a Private Limited Listed company incorporated on 18/08/1994 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65990DL1994PLC408172 and registration number is 80451. Currently Company is involved in the business activities of Other information technology and computer service activities n.e.c. Company’s Total Operating Revenue is Rs. 397.52 Cr. and Equity Capital is Rs. 26.65 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Entertainment & MediaA47 Lower, Ground Floor, Hauz Khas, New Delhi Delhi 110016compliance@affle.com
https://www.affle.com
Management
NamePosition Held
Mr. BijynathNon Exe.Ind.Chairman
Mr. Anuj Khanna SohumManaging Director & CEO
Mr. Vipul KediaExecutive Director
Mr. Anuj KumarNon Executive Director
Mr. Lay See TanInd. Non-Executive Director
Mr. Sumit Mamak ChadhaInd. Non-Executive Director
Mr. Vivek Narayan GourInd. Non-Executive Director

FAQ

What is the latest intrinsic value of Affle India Ltd?

The latest intrinsic value of Affle India Ltd as on 17 November 2024 is ₹1858.32, which is 17.62% higher than the current market price of ₹1,580.00.

What is the Market Cap of Affle India Ltd?

The Market Cap of Affle India Ltd is 22,179 Cr..

What is the current Stock Price of Affle India Ltd as on 17 November 2024?

The current stock price of Affle India Ltd as on 17 November 2024 is ₹1,580.

What is the High / Low of Affle India Ltd stocks in FY 2024?

In FY 2024, the High / Low of Affle India Ltd stocks is 1,715/998.

What is the Stock P/E of Affle India Ltd?

The Stock P/E of Affle India Ltd is 64.7.

What is the Book Value of Affle India Ltd?

The Book Value of Affle India Ltd is 192.

What is the Dividend Yield of Affle India Ltd?

The Dividend Yield of Affle India Ltd is 0.00 %.

What is the ROCE of Affle India Ltd?

The ROCE of Affle India Ltd is 16.2 %.

What is the ROE of Affle India Ltd?

The ROE of Affle India Ltd is 15.0 %.

What is the Face Value of Affle India Ltd?

The Face Value of Affle India Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Affle India Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE