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Last Updated on: 23 February, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 542752 | NSE: AFFLE

Affle India Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: February 22, 2025, 3:27 am

Market Cap 21,721 Cr.
Current Price 1,546
High / Low 1,884/998
Stock P/E59.3
Book Value 192
Dividend Yield0.00 %
ROCE16.2 %
ROE15.0 %
Face Value 2.00
PEG Ratio3.25

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

View Share Price Target for Affle India Ltd

Competitors of Affle India Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Sun TV Network Ltd 22,697 Cr. 576 922/56813.0 2872.91 %26.2 %19.3 % 5.00
Sri Adhikari Brothers Television Network Ltd 13.1 Cr. 3.753.92/1.25 31.60.00 %%% 10.0
Shemaroo Entertainment Ltd 333 Cr. 122 215/115 1880.00 %0.10 %6.97 % 10.0
Affle India Ltd 21,721 Cr. 1,546 1,884/99859.3 1920.00 %16.2 %15.0 % 2.00
Industry Average14,917.00 Cr561.9436.15174.650.73%14.17%13.76%6.75

All Competitor Stocks of Affle India Ltd

Quarterly Result

MetricSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Sales 275339315347355376356407431499506520543
Expenses 223272257280284296287328344402408415430
Operating Profit 5268586871806978879798104113
OPM % 19%20%18%20%20%21%19%19%20%19%19%20%21%
Other Income 1514297131618101010272529
Interest 2222333365544
Depreciation 81099131414141818201925
Profit before tax 57707664688070707383100107113
Tax % 16%11%10%14%13%14%11%6%9%8%13%19%19%
Net Profit 48626955596962666777878792
EPS in Rs 3.574.665.144.094.405.184.684.975.015.486.246.186.56

Last Updated: February 8, 2025, 11:27 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 8, 2025, 11:27 am

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 1672493345171,0821,4341,8432,067
Expenses 1221792463878691,1461,4831,655
Operating Profit 467088130213288360412
OPM % 27%28%26%25%20%20%20%20%
Other Income 0064172545791
Interest 11147111917
Depreciation 810132032497283
Profit before tax 376079148245282327404
Tax % 24%18%17%9%12%13%9%
Net Profit 284966135215245297343
EPS in Rs 2.294.025.1410.5716.0518.3621.2024.46
Dividend Payout % 0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)75.00%34.69%104.55%59.26%13.95%21.22%
Change in YoY Net Profit Growth (%)0.00%-40.31%69.85%-45.29%-45.31%7.27%

Affle India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2018-2019 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:49%
3 Years:53%
TTM:28%
Compounded Profit Growth
10 Years:%
5 Years:44%
3 Years:30%
TTM:35%
Stock Price CAGR
10 Years:%
5 Years:30%
3 Years:12%
1 Year:36%
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 Capital 2424262627272828
Reserves 6482043331,1511,4382,4702,667
Borrowings 0968119149106183135
Other Liabilities 4677105275497437592502
Total Liabilities 761584027531,8242,0083,2733,332
Fixed Assets 27571633616997861,1441,280
CWIP 025404249980
Investments 0007613503737
Other Assets 49992342769481,1741,9932,014
Total Assets 761584027531,8242,0083,2733,332

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

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow46.0061.0020.0011.0064.00182.00177.00

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

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters59.89%59.89%59.89%59.89%59.89%59.89%59.89%56.93%56.92%55.14%55.09%55.03%
FIIs15.40%14.69%14.24%12.66%11.43%9.97%9.66%14.35%14.79%15.30%15.55%16.49%
DIIs6.37%7.51%9.13%10.56%11.95%13.57%14.28%14.71%14.72%16.21%15.59%14.57%
Public18.33%17.85%16.69%16.83%16.68%16.52%16.12%13.95%13.50%13.33%13.70%13.80%
Others0.00%0.06%0.06%0.06%0.06%0.06%0.06%0.05%0.07%0.05%0.09%0.08%
No. of Shareholders3,66,1853,79,8063,63,2093,65,6033,64,6153,61,2003,52,8263,22,4993,08,4702,89,3622,83,4232,75,241

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 Fund1,056,6182.64113.93377,9552025-02-22179.56%
ICICI Prudential Multicap Fund1,014,3601.28109.37377,9552025-02-22168.38%
ICICI Prudential Technology Fund570,7010.5561.54377,9552025-02-2251%
Aditya Birla Sun Life Equity Advantage Fund539,0391.1158.12377,9552025-02-2242.62%
ICICI Prudential Balanced Advantage Fund460,6280.149.67377,9552025-02-2221.87%
ICICI Prudential India Opportunities Fund417,3140.445377,9552025-02-2210.41%
ICICI Prudential Bharat Consumption Fund382,1361.9341.2377,9552025-02-221.11%
Sundaram Services Fund377,9551.4640.75377,9552025-02-220%
UTI Small Cap Fund376,1531.340.56377,9552025-02-22-0.48%
Franklin India Smaller Companies Fund303,7440.3432.75377,9552025-02-22-19.63%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 2.002.002.0010.0010.00
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
EarningsYield 0.020.010.010.010.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Affle India Ltd as of February 23, 2025 is: ₹1,393.60

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 23, 2025, Affle India Ltd is Overvalued by 9.86% compared to the current share price ₹1,546.00

Default values used*: Default value of 15% for ROE is used

Intrinsic Value of Affle India Ltd as of February 23, 2025 is: 1,648.22

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 23, 2025, Affle India Ltd is Undervalued by 6.61% compared to the current share price ₹1,546.00

Default values used*: Default value of 15% for ROE is used

Last 5 Year EPS CAGR: 18.27%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 36.29%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 8.43, which is a positive sign.
  3. The company has higher reserves (1,039.63 cr) compared to borrowings (96.13 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (159.00 cr) and profit (197.75 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 66.71, which may not be favorable.

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: 14.17%)
      • 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: 13.76%)
      • 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: 59.3 (Industry average Stock P/E: 36.15)
      • 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 Public Limited Listed company incorporated on 18/08/1994 and has its registered office in the State of Delhi, 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. 565.99 Cr. and Equity Capital is Rs. 28.02 Cr. for the Year ended 31/03/2024.
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?

Let's break down Affle India Ltd's intrinsic value simply:

We calculate intrinsic value using the PE Ratio Method - comparing the company's current price-to-earnings ratio with its historical average and industry peers. Think of it like checking if a stock is "on sale" compared to its typical pricing.

As of 22 February 2025:

  • Calculated Fair Value: ₹1393.60
  • Current Market Price: ₹1,546.00
  • Variance: 9.86% lower

This suggests Affle India Ltd is currently overvalued by 9.86%. For context:

  • Market Cap: 21,721 Cr.
  • 52-Week Range: 1,884/998
  • Reserves (Sep 2024): ₹2,667 Cr
  • Liabilities: 3,332 Cr

Remember: The PE method gives a snapshot based on earnings multiples. While useful for quick comparisons, investors should also consider growth prospects, industry trends, and economic conditions. This calculation assumes historical PE ratios remain relevant - always verify with current market dynamics.

What is the Market Cap of Affle India Ltd?

The Market Cap of Affle India Ltd is 21,721 Cr..

What is the current Stock Price of Affle India Ltd as on 22 February 2025?

The current stock price of Affle India Ltd as on 22 February 2025 is ₹1,546.

What is the High / Low of Affle India Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Affle India Ltd stocks is 1,884/998.

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

The Stock P/E of Affle India Ltd is 59.3.

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.

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