Here are five factors that have contributed to this surge on Monday:
Numbers At A Glance
For the March quarter, Affle’s consolidated revenue increased by 20% from last year to ₹724.4 crore. The growth was broad-based and included performance from both India and overseas geographies.
Steady Margin Performance
Most of the technology companies struggled with margin expansion in a high-cost environment, but Affle’s margins remained steady at 22.1% from 22.2% last year.
For the full year, Affle’s margins were up 120 basis points from last year led by the strong operating leverage.
AI-Led Growth
The company announced the launch of OpticksAI and Niko, its in-house AI agentic platforms, designed to drive real-time adaptation and intelligence across the marketing funnel.
CPCU Business Outperforms
The CPCU business saw 12 crore converted users in the fourth quarter, taking the total converted users for the full financial year to 45.6 crore.
Revenue for the CPCU business increased by 20.1% from last year.
Analysts Bullish
Most of the analysts who cover Affle 3i continue to remain bullish on the stock. 14 out of the 15 analysts who cover the stock have a “buy” rating, with one “hold” rating.
None of the 15 analysts covering it have a “sell” rating on the stock.
Affle 3i shares are trading 10% higher on Monday and are the second-best performers on the Nifty 500 index. This is the fourth straight day of gains for the stock.
