AFFLE

Affle India Report

is a global mobile advertising & marketing tech company helping brands acquire, engage & retain customers via targeted campaigns, AI analytics & fraud prevention. Operates in 70+ countries across e-commerce, fintech, gaming, food delivery & travel. Fundamentals: Q1 FY26 revenue up 19.5% YoY to ₹6,207 cr, net profit +21% to ₹1,055 cr, EBITDA margin 22.5% (+240 bps). FY25 revenue ₹2,266 cr, net income ₹382 cr, EPS ₹27.23, gross margin ~39%. Strong ROE (~14%), ROCE (~17%), debt-free. Aggressive reinvestment policy supports sustained growth. Expanding global reach and increasing adoption of performance-based CPCU model position the company well for digital ad market expansion. Technicals: CMP ₹1,969, trading above 50-DMA ₹1,955, 100-DMA ₹1,935, 200-DMA ₹1,646 – strong bullish structure. A bullish pennant is visible on the daily chart; breakout above ₹1,990 could lead to ₹2,080 in near term, with further momentum toward ₹2,200 if highs break. If pattern fails, maintain SL at ₹1,890. Volume confirmation on breakout will be key for sustained rally. Conclusion: Solid earnings growth, high margins, debt-free status & bullish chart pattern make Affle India a potential momentum play above ₹1,990. Watch for price–volume alignment for confirmation. Disclosure: No personal or family holding. SEBI Reg. INH000019309. Disclaimer: For information only, not investment advice. Market involves risk; do your own research.