Affle India dips 20% in 6 months. Should you buy?
Affle India share price has corrected near 7 per cent in the last one month25-08-2021
25-08-2021
Affle India surges 4% as Board to consider stock split plan
The company will hold a board meeting on August 26, 2021, to consider and approve split of equity shares of the company, subject to approval of the shareholders24-08-2021
Affle India stock split decision to be taken this week
Affle India board will meet on August 26, 202123-08-2021
Affle (India) Ltd - 542752 - Board Meeting Intimation for Approval Of Split Of Equity Shares Of The Company, Subject To Approval Of The Shareholders.
Affle (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/08/2021 ,inter alia, to consider and approve split of equity shares of the Company, subject to approval of the shareholders.23-08-2021
Affle (India) Ltd - 542752 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the abovementioned Regulations, we wish to inform you that the Company attended an Investor call scheduled with William Blair International, UK on August 12, 202113-08-2021
Affle (India) Ltd - 542752 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the abovementioned Regulations, we wish to inform you that the Company participated in the 'Emkay Global Investor Conference' on August 11, 2021 (Wednesday), organised by Emkay Global Financial Services Ltd. A call with the analyst from Prabhudas Lilladher was also held by the Company on August 11, 2021.11-08-2021
Buy Affle (India): target of Rs 6000: Sharekhan
Sharekhan is bullish on Affle (India) has recommended buy rating on the stock with a target price of Rs 6000 in its research report dated August 09, 2021.10-08-2021
Affle (India) Ltd - 542752 - Statement Of Deviation/Variation In Utilization Of Funds
In accordance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Statement of deviation/variation in utilization of funds as on June 30, 2021.10-08-2021
Affle (India) Ltd - 542752 - Statement Of Deviation/Variation In Utilization Of Funds
In accordance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Statement of deviation/variation in utilization of funds as on June 30, 2021.09-08-2021
Q1FY22 Result Announced for Affle (India) Ltd.
Affle reports strong performance for Q1 FY2022 Revenue growth of 69.8% (y-o-y) | PAT growth of 57.2% (y-o-y) Affle (India) Limited, a consumer intelligence driven global technology company, today announced the results for the quarter ended June 30, 2021. Consolidated Performance Highlights Q1 FY2022 Highlights (y-o-y): Revenue from Operations of Rs. 152.5 crores, an increase of 69.8% y-o-y EBITDA at Rs. 35.1 crores, an increase of 56.0% y-o-y Profit After Tax (PAT) 1 at 29.5 crores, an increase of 57.2% y-o-y Q1 FY2022 Highlights (q-o-q): Revenue up by 7.7% q-o-q PAT1 up by 11.2% q-o-q Affle reported a strong performance for Q1 FY2022 with a consolidated revenue from operations of Rs. 152.5 crores, an increase in revenue by 69.8% y-o-y. EBITDA was at Rs. 35.1 crores, an increase of 56.0% y-o-y. PAT increased by 57.2% y-o-y to Rs. 29.5 crores from Rs. 18.8 crores in Q1 last year. PAT margin stood at 18.8% for the quarter. The company reported robust operating cash flows of Rs. 39.6 crores during the quarter, achieving 134.2% of PAT as operating cash flows. The CPCU business noted strong momentum delivering 3.1 crore of converted users in Q1 FY2022, an increase of 85.0% y-o-y. The top-10 industry verticals for the company continued to be resilient, helping it register a robust growth in this quarter. Commenting on the results, Anuj Khanna Sohum, the Chairman, MD and CEO of Affle said: “The world is undergoing a paradigm shift with accelerated connected experiences redefining the digital priorities of the advertisers globally. Our growth mindset and tech innovations helped us achieve a consistent, all-round performance in Q1 FY2022. I am elated with our broad-based growth coming from the top 10 resilient industry verticals and across India & International markets, driven by significant increase in the CPCU business. Continuing upon the previous year trend, this quarter too witnessed a persistent growth in advertiser spends towards the mobile marketing. We enhanced our platforms and product propositions while penetrating deeper across both new and existing markets. Also in this quarter, while India faced a devastating second wave of Covid-19, the resilient nature of our business enabled our positive growth trajectory. I am extremely grateful to our employees who not only ensured continuity of growth business plans but also helped the company provide support to local communities during such times of crisis. We are optimistic of the industry macro-trends and future-ready to leverage upon new market dynamics & deliver sustainable growth to all our stakeholders.” Result PDF09-08-2021