Affle 3i AFFLE
Mobile performance-advertising platform that charges per conversion (install, sign-up, purchase); India and emerging markets plus developed markets
Mapped in 1 theme: Consumer Internet.
Where Affle 3i sits in the supply chain
Affle 3i appears in 1 supply-chain layer in one theme, Consumer Internet.
Consumer Internet › Ad, messaging & commerce tech
Direct supplierOther companies in this layer
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,082 | 1,434 | 1,843 | 2,266 | 2,709 |
| Net profit | 215 | 245 | 297 | 382 | 455 |
Latest-year revenue ₹2,709 Cr (FY26, company-wide).
Strengths
- Cost-per-converted-user model ties revenue to advertisers' results
- Customers include Indian e-commerce, fintech, gaming and food apps
- Consistently profitable with net cash
Risks
- Google/Apple privacy changes limit tracking
- Real-money gaming ban removed a big Indian ad category
- Ad-fraud and data-protection (DPDP Act) compliance
Common questions
What does Affle 3i do?
Mobile performance-advertising platform that charges per conversion (install, sign-up, purchase); India and emerging markets plus developed markets.
Where does Affle 3i sit in the supply chain?
Affle 3i (NSE: AFFLE) is mapped in 1 supply-chain layer: Ad, messaging & commerce tech (Consumer Internet).
Who are Affle 3i's peers?
In the Ad, messaging & commerce tech layer of Consumer Internet: Tanla Platforms, Route Mobile, RateGain Travel Technologies and Unicommerce eSolutions.
What is Affle 3i's market cap and valuation?
As of 6 Nov 2026: market cap ₹22,705 Cr, P/E 45.7x, ROCE 16.8%, ROE 13.8%, dividend yield 0%.