Affle (India) Limited
Affle 3i Limited, together with its subsidiaries, provides mobile advertisement services through information technology and software development services for mobiles in India and internationally. It operates Appnext, an app discovery platform that displays contextual and personal app recommendations; Mediasmart, an omnichannel programmatic advertising platform; Jampp, a programmatic platform to g… Read more
Affle (India) Limited (AFFLE) - Net Assets
Latest net assets as of September 2025: ₹32.56 Billion INR
Based on the latest financial reports, Affle (India) Limited (AFFLE) has net assets worth ₹32.56 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹39.14 Billion) and total liabilities (₹6.58 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹32.56 Billion |
| % of Total Assets | 83.19% |
| Annual Growth Rate | 75.91% |
| 5-Year Change | 720.32% |
| 10-Year Change | 22279.29% |
| Growth Volatility | 70.79 |
Affle (India) Limited - Net Assets Trend (2014–2025)
This chart illustrates how Affle (India) Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Affle (India) Limited (2014–2025)
The table below shows the annual net assets of Affle (India) Limited from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹29.46 Billion | +17.95% |
| 2024-03-31 | ₹24.98 Billion | +70.26% |
| 2023-03-31 | ₹14.67 Billion | +24.40% |
| 2022-03-31 | ₹11.79 Billion | +228.34% |
| 2021-03-31 | ₹3.59 Billion | +56.74% |
| 2020-03-31 | ₹2.29 Billion | +216.50% |
| 2019-03-31 | ₹724.05 Million | +140.03% |
| 2018-03-31 | ₹301.65 Million | +43.43% |
| 2017-03-31 | ₹210.31 Million | +59.74% |
| 2016-03-31 | ₹131.66 Million | +61.39% |
| 2015-03-31 | ₹81.58 Million | +38.25% |
| 2014-03-31 | ₹59.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Affle (India) Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1366434000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹13.57 Billion | 46.04% |
| Common Stock | ₹280.71 Million | 0.95% |
| Other Comprehensive Income | ₹103.68 Million | 0.35% |
| Other Components | ₹15.52 Billion | 52.66% |
| Total Equity | ₹29.46 Billion | 100.00% |
Affle (India) Limited Competitors by Market Cap
The table below lists competitors of Affle (India) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cj Corp Pref
KO:001045
|
$914.06 Million |
|
Adapthealth Corp
NASDAQ:AHCO
|
$914.25 Million |
|
Shanghai STEP Electric Corp
SHE:002527
|
$914.76 Million |
|
Deterra Royalties Limited
PINK:DETRF
|
$915.11 Million |
|
Bell AG
SW:BELL
|
$913.76 Million |
|
Gree Real Estate Co Ltd
SHG:600185
|
$913.60 Million |
|
Nordic Entertainment Group AB (publ)
PINK:NENTF
|
$913.47 Million |
|
ARM HOLDINGS PLC CEDEAR EACH 27
BA:ARM
|
$913.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Affle (India) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 24,980,400,000 to 29,464,570,000, a change of 4,484,170,000 (18.0%).
- Net income of 3,818,690,000 contributed positively to equity growth.
- Share repurchases of 5,000,000 reduced equity.
- New share issuances of 263,180,000 increased equity.
- Other comprehensive income decreased equity by 805,030,000.
- Other factors increased equity by 1,212,330,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹3.82 Billion | +12.96% |
| Share Repurchases | ₹5.00 Million | -0.02% |
| Share Issuances | ₹263.18 Million | +0.89% |
| Other Comprehensive Income | ₹-805.03 Million | -2.73% |
| Other Changes | ₹1.21 Billion | +4.11% |
| Total Change | ₹- | 17.95% |
Book Value vs Market Value Analysis
This analysis compares Affle (India) Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.15x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 26036.09x to 6.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | ₹0.05 | ₹1290.40 | x |
| 2015-03-31 | ₹0.67 | ₹1290.40 | x |
| 2016-03-31 | ₹1.08 | ₹1290.40 | x |
| 2017-03-31 | ₹1.73 | ₹1290.40 | x |
| 2018-03-31 | ₹2.48 | ₹1290.40 | x |
| 2019-03-31 | ₹5.96 | ₹1290.40 | x |
| 2020-03-31 | ₹18.28 | ₹1290.40 | x |
| 2021-03-31 | ₹28.15 | ₹1290.40 | x |
| 2022-03-31 | ₹88.76 | ₹1290.40 | x |
| 2023-03-31 | ₹110.00 | ₹1290.40 | x |
| 2024-03-31 | ₹184.12 | ₹1290.40 | x |
| 2025-03-31 | ₹209.79 | ₹1290.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Affle (India) Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.96%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.85%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.23x
- Recent ROE (12.96%) is below the historical average (42.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 214.45% | 8.70% | 1.04x | 23.64x | ₹12.31 Million |
| 2015 | 27.63% | 5.73% | 1.36x | 3.54x | ₹14.38 Million |
| 2016 | 38.04% | 5.66% | 2.08x | 3.22x | ₹36.91 Million |
| 2017 | 1.57% | 0.50% | 1.35x | 2.32x | ₹-17.73 Million |
| 2018 | 29.28% | 10.54% | 1.44x | 1.92x | ₹58.15 Million |
| 2019 | 67.43% | 19.58% | 1.58x | 2.19x | ₹415.81 Million |
| 2020 | 28.59% | 19.63% | 0.83x | 1.75x | ₹426.01 Million |
| 2021 | 37.57% | 26.09% | 0.69x | 2.10x | ₹989.27 Million |
| 2022 | 18.15% | 19.77% | 0.59x | 1.55x | ₹960.66 Million |
| 2023 | 16.69% | 17.06% | 0.71x | 1.37x | ₹980.84 Million |
| 2024 | 11.90% | 16.13% | 0.56x | 1.31x | ₹474.65 Million |
| 2025 | 12.96% | 16.85% | 0.63x | 1.23x | ₹872.23 Million |
Industry Comparison
This section compares Affle (India) Limited's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $18,487,205,500
- Average return on equity (ROE) among peers: 3.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Affle (India) Limited (AFFLE) | ₹32.56 Billion | 214.45% | 0.20x | $913.87 Million |
| Brightcom Group Limited (BCG) | $70.01 Billion | 19.58% | 0.13x | $185.67 Million |
| R K Swamy Limited (RKSWAMY) | $2.41 Billion | 16.46% | 0.64x | $15.93 Million |
| Signpost India Limited (SIGNPOST) | $1.51 Billion | 23.47% | 1.51x | $46.05 Million |
| Touchwood Entertainment Limited (TOUCHWOOD) | $18.14 Million | -44.70% | 2.01x | $2.47 Million |