Internet Software & Services company Affle (India) announced Q4FY24 & FY24 results:
Q4FY24 Financial Highlights:
Revenue from Operations of Rs 506.2 crore, an increase of 42.3% YoY
EBITDA at Rs 99.0 crore, an increase of 38.2% YoY
PAT at Rs 87.5 crore, an increase of 40.2% YoY
FY24 Financial Highlights:
Revenue from Operations of Rs 1,842.8 crore, an increase of 28.5% YoY
EBITDA at Rs 361.1 crore, an increase of 23.2% YoY
PAT at Rs 297.3 crore, an increase of 21.5% YoY
Commenting on the results, Anuj Khanna Sohum, the MD and CEO of Affle said: “Q4FY24 marked a landmark period for Affle, as we achieved record growth on both year-overyear and sequential basis. We achieved our highest quarterly revenue run-rate, highest EBITDA, PAT and consumer conversions till date. This reflects our ongoing commitment to enhance our product capabilities delivering integrated platform solutions and premium propositions, as well as expand our technological prowess particularly in Gen AI, to significantly strengthen our market position.
As we conclude FY2024 on a strong note, our achievements are not just a testament to our resilience, but also a clear indicator of our long-term potential. With over 5X growth in topline and profitability in the last five years powered by our unique ROI-linked CPCU business model, and our continued investments in tech, markets and teams expansion, we are poised to continue our trajectory of robust growth with enhanced profitability.
We remain dedicated to delivering sustainable value creation for all stakeholders. We are excited about harnessing next-gen technologies to shape the future of digital advertising in a hyperconnected world, as we enter FY2025 with great optimism."
Affle India Limited is a technology sector company, having its market capitalization worth Rs.4384.36 crores as of 14th May 2021. The company was incorporated in 1994. The company has reported its annual net sales of Rs.182.23 crores at the end of March 2020. The company is found on the Bombay Stock Exchange (BSE), having the code 542752 and on the National Stock Exchange (NSE) with the symbol AFFLE. The share price today, as of 14th May 2021, stands at Rs. 5137.95 on BSE and Rs. 5140 on NSE.
Affle India Limited is an India-based global technology company. The company offers a consumer intelligence platform that delivers consumer acquisitions, transactions, and engagements via relevant mobile advertisement platforms. The company primarily provides services like new consumer conversions, e-commerce transaction completion and an online to offline (O2O) platform.
Affle India Limited was originally incorporated as a private limited company named Tejus Securities Private Limited. The name was changed to Affle India Private Limited in January 2006, when the entire capital (equity share capital) of Tejus Securities Private Limited was acquired by Anuj Khanna Sohum, the individual promoter Madhusudan Ramakrishna and Anuj Kumar. It was made a public limited company under the name Affle India Limited in 2018. The company is primarily engaged in providing end-to-end solutions for enterprises to enhance their engagement with mobile users. The company's consumer platform had approximately 2.02 billion consumer profiles, out of which nearly 571 million were from the Indian market. Affle India Limited is in the process to integrate consumer profiles and related data points from the Shoffr Platform and Vizury Commerce. The company holds three patents in the United States, with various patent claims ranging from marketing to data exchange clients' online search system to computer programme and methods.
It has ten patent applications in India that cover various algorithms to detect digital frauds. The company reflected an operating profit margin of 27.30% in the financial statement for the year ended March 2020. The EPS for the same period was reported at Rs. 12.90. The current competitive strengths of the company include a high growth rate market, a global customer base and a low-cost business model.
Affle India Limited is a technology sector company, having its market capitalization worth Rs.4384.36 crores as of 14th May 2021. The company was incorporated in 1994. The company has reported its annual net sales of Rs.182.23 crores at the end of March 2020. The company is found on the Bombay Stock Exchange (BSE), having the code 542752 and on the National Stock Exchange (NSE) with the symbol AFFLE. The share price today, as of 14th May 2021, stands at Rs. 5137.95 on BSE and Rs. 5140 on NSE.
Affle India Limited is an India-based global technology company. The company offers a consumer intelligence platform that delivers consumer acquisitions, transactions, and engagements via relevant mobile advertisement platforms. The company primarily provides services like new consumer conversions, e-commerce transaction completion and an online to offline (O2O) platform.
Affle India Limited was originally incorporated as a private limited company named Tejus Securities Private Limited. The name was changed to Affle India Private Limited in January 2006, when the entire capital (equity share capital) of Tejus Securities Private Limited was acquired by Anuj Khanna Sohum, the individual promoter Madhusudan Ramakrishna and Anuj Kumar. It was made a public limited company under the name Affle India Limited in 2018. The company is primarily engaged in providing end-to-end solutions for enterprises to enhance their engagement with mobile users. The company's consumer platform had approximately 2.02 billion consumer profiles, out of which nearly 571 million were from the Indian market. Affle India Limited is in the process to integrate consumer profiles and related data points from the Shoffr Platform and Vizury Commerce. The company holds three patents in the United States, with various patent claims ranging from marketing to data exchange clients' online search system to computer programme and methods.
It has ten patent applications in India that cover various algorithms to detect digital frauds. The company reflected an operating profit margin of 27.30% in the financial statement for the year ended March 2020. The EPS for the same period was reported at Rs. 12.90. The current competitive strengths of the company include a high growth rate market, a global customer base and a low-cost business model.
Affle India share price as on 30 Jun 2024 is Rs. 1343.7. Over the past 6 months, the Affle India share price has increased by 10.35% and in the last one year, it has increased by 23.5%. The 52-week low for Affle India share price was Rs. 988.15 and 52-week high was Rs. 1394.
You can buy Affle India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Affle India Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jun 28, 2024 04:08 PM the closing price of Affle India Ltd was Rs.1,343.70.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 28, 2024 04:08 PM, the market cap of Affle India Ltd stood at Rs. 18,839.88 Cr.