Affle 3i Limited
Affle 3i Limited operates in IT Enabled Services, part of the Information Technology sector. It booked ₹784 cr of revenue in its latest quarter (Q2 FY27) and kept 16.6% of sales as profit. It is the 5th largest of 9 IT Enabled Services companies we track, by market value.
| Segment | FY21 | FY22 | Share |
|---|---|---|---|
| Outside India | 270 | 704 | 51% → 64% |
| India | 261 | 398 | 49% → 36% |
| Total | 532 | 1,102 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 70% of companies in Information Technology, on all six measures of filed financials. Each measure is ranked against the 67–127 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 63
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in AFFLE?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-03.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹784 cr |
| Other Income | ₹20 cr |
| Total Income | ₹804 cr |
| Cost of Materials | ₹0 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Employee Benefit Expense | ₹66 cr |
| Finance Costs | ₹82.3 L |
| Depreciation & Amortisation | ₹41 cr |
| Other Expenses | ₹536 cr |
| Total Expenses | ₹644 cr |
| Profit before Tax | ₹159 cr |
| Tax Expense | ₹30 cr |
| Net Profit | ₹130 cr |
| Net margin on total income | 16.2% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 724 cr | 747 cr | 784 cr |
| Total income | 746 cr | 772 cr | 804 cr |
| Expenses | 598 cr | 614 cr | 644 cr |
| Profit before tax | 148 cr | 158 cr | 159 cr |
| Tax | 29 cr | 29 cr | 30 cr |
| Net profit (owners' share) | 120 cr | 128 cr | 130 cr |
| Net margin (owners' share, on revenue) | 16.5% | 17.2% | 16.6% |
| EPS (₹) | 8.51 | 9.13 | 9.23 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| L&T Technology Services Limited | ₹4,224 | ₹44,774 cr | 29.5 | 31.0% | 18.0% | — |
| Inventurus Knowledge Solutions Limited | ₹1,730 | ₹29,555 cr | 37.4 | 27.7% | 21.7% | — |
| Tata Technologies Limited | ₹648 | ₹26,306 cr | 38.4 | 17.9% | 10.1% | — |
| Netweb Technologies India Limited | ₹4,088 | ₹23,276 cr | 43.4 | 26.0% | 10.3% | — |
| Affle 3i Limitedthis company | ₹1,583 | ₹22,270 cr | 42.9 | 12.3% | 16.6% | — |
| SAGILITY LIMITED | ₹42 | ₹19,812 cr | 17.4 | 11.1% | 14.0% | — |
| Black Box Limited | ₹798 | ₹14,168 cr | 63.3 | 17.4% | 3.3% | — |
| Amagi Media Labs Limited | ₹564 | ₹12,209 cr | 94.7 | 7.7% | 7.8% | — |
| Cyient Limited | ₹1,139 | ₹11,939 cr | 24.7 | 9.5% | 5.4% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Stock split | Stock Split From Rs.10/- to Rs.2/- | 7 Oct 2021 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 15 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
As of Sep 2026, the company says it has spent 0% of what it set aside. ACER Credit Rating Private Limited watches the spending on the exchange’s behalf.
The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.
As of Sep 2026, the company says it has spent 23% of what it set aside, leaving ₹797 cr still to be spent. ICRA Limited watches the spending on the exchange’s behalf.
“Pursuant to review of the business requirements and prevailing market opportunities, the Board of Directors of the Company believes that the Company has sufficient cash balances, Accordingly, with the approval of the shareholders, the object clause is changed to utilize the unutilized proceeds of Rs. 297.42 crores from the preferential issue towards inorganic growth opportunities”the company’s own explanation, as filed · shareholders approved the change
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing