Affle (India) Limited (AFFLE) - Net Assets

Latest as of September 2025: Rs32.56 Billion INR ≈ $352.14 Million USD

Based on the latest financial reports, Affle (India) Limited (AFFLE) has net assets worth Rs32.56 Billion INR (≈ $352.14 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs39.14 Billion ≈ $423.28 Million USD) and total liabilities (Rs6.58 Billion ≈ $71.14 Million USD). 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. Check Affle (India) Limited (AFFLE) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs32.56 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. Also explore Affle (India) Limited (AFFLE) total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see AFFLE stock market capitalisation.

Year	Net Assets	Change
2025-03-31	Rs29.46 Billion ≈ $318.65 Million	+17.95%
2024-03-31	Rs24.98 Billion ≈ $270.15 Million	+70.26%
2023-03-31	Rs14.67 Billion ≈ $158.67 Million	+24.40%
2022-03-31	Rs11.79 Billion ≈ $127.54 Million	+228.34%
2021-03-31	Rs3.59 Billion ≈ $38.84 Million	+56.74%
2020-03-31	Rs2.29 Billion ≈ $24.78 Million	+216.50%
2019-03-31	Rs724.05 Million ≈ $7.83 Million	+140.03%
2018-03-31	Rs301.65 Million ≈ $3.26 Million	+43.43%
2017-03-31	Rs210.31 Million ≈ $2.27 Million	+59.74%
2016-03-31	Rs131.66 Million ≈ $1.42 Million	+61.39%
2015-03-31	Rs81.58 Million ≈ $882.26K	+38.25%
2014-03-31	Rs59.01 Million ≈ $638.17K	--

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	Rs13.57 Billion	46.04%
Common Stock	Rs280.71 Million	0.95%
Other Comprehensive Income	Rs103.68 Million	0.35%
Other Components	Rs15.52 Billion	52.66%
Total Equity	Rs29.46 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
Anhui Anke BioTech Group SHE:300009	$2.16 Billion
Union Semiconductor (Hefei) Co. Ltd. A SHG:688403	$2.16 Billion
Alony Hetz Properties and Investments Ltd TA:ALHE	$2.16 Billion
Hubei TKD Crystal Electn SHG:603738	$2.16 Billion
Shanghai Hanbell Precise Machinery Co Ltd SHE:002158	$2.16 Billion
Forvia SE PA:FRVIA	$2.16 Billion
Arion banki hf IC:ARION	$2.16 Billion
Qingdao Huicheng Environmental Co Ltd SHE:300779	$2.16 Billion

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	Rs3.82 Billion	+12.96%
Share Repurchases	Rs5.00 Million	-0.02%
Share Issuances	Rs263.18 Million	+0.89%
Other Comprehensive Income	Rs-805.03 Million	-2.73%
Other Changes	Rs1.21 Billion	+4.11%
Total Change	Rs-	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: 6.78x
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 28685.30x to 6.78x 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	Rs0.05	Rs1421.70	x
2015-03-31	Rs0.67	Rs1421.70	x
2016-03-31	Rs1.08	Rs1421.70	x
2017-03-31	Rs1.73	Rs1421.70	x
2018-03-31	Rs2.48	Rs1421.70	x
2019-03-31	Rs5.96	Rs1421.70	x
2020-03-31	Rs18.28	Rs1421.70	x
2021-03-31	Rs28.15	Rs1421.70	x
2022-03-31	Rs88.76	Rs1421.70	x
2023-03-31	Rs110.00	Rs1421.70	x
2024-03-31	Rs184.12	Rs1421.70	x
2025-03-31	Rs209.79	Rs1421.70	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	Rs12.31 Million
2015	27.63%	5.73%	1.36x	3.54x	Rs14.38 Million
2016	38.04%	5.66%	2.08x	3.22x	Rs36.91 Million
2017	1.57%	0.50%	1.35x	2.32x	Rs-17.73 Million
2018	29.28%	10.54%	1.44x	1.92x	Rs58.15 Million
2019	67.43%	19.58%	1.58x	2.19x	Rs415.81 Million
2020	28.59%	19.63%	0.83x	1.75x	Rs426.01 Million
2021	37.57%	26.09%	0.69x	2.10x	Rs989.27 Million
2022	18.15%	19.77%	0.59x	1.55x	Rs960.66 Million
2023	16.69%	17.06%	0.71x	1.37x	Rs980.84 Million
2024	11.90%	16.13%	0.56x	1.31x	Rs474.65 Million
2025	12.96%	16.85%	0.63x	1.23x	Rs872.23 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: $2,904,678,422
Average return on equity (ROE) among peers: 21.35%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Affle (India) Limited (AFFLE)	Rs32.56 Billion	214.45%	0.20x	$2.16 Billion
Brightcom Group Limited (BCG)	$10.38 Billion	4.91%	0.55x	$222.22 Million
R K Swamy Limited (RKSWAMY)	$163.49 Million	117.77%	23.86x	$45.93 Million
Signpost India Limited (SIGNPOST)	$1.05 Billion	7.40%	0.99x	$147.55 Million
Touchwood Entertainment Limited (TOUCHWOOD)	$18.14 Million	-44.70%	2.01x	$8.79 Million

About Affle (India) Limited

NSE:AFFLE India Advertising Agencies

Market Cap

$2.16 Billion

Rs199.90 Billion INR

Market Cap Rank

#5974 Global

#259 in India

Share Price

Rs1421.70

Change (1 day)

-0.80%

52-Week Range

Rs1268.70 - Rs2146.70

All Time High

Rs2146.70