Affle 3i Limited , a leading consumer intelligence platform company, has reported robust financial results for the second quarter, demonstrating strong growth and improved profitability.

Key Financial Highlights

Affle 3i Limited delivered a strong performance in Q2, with revenue reaching INR 6,467.00 million, marking a 19.1% year-over-year growth. The company's EBITDA saw an impressive 28.9% increase to INR 1,461.00 million, accompanied by a 172 basis points margin expansion. Profit After Tax (PAT) grew by 20.1% to INR 1,105.00 million.

Business Performance

The company's core CPCU (Cost Per Converted User) business continued to drive growth, generating 109.00 million conversions at an average rate of INR 58.00 per conversion. This resulted in CPCU revenue of INR 6,319.00 million for the quarter.

Geographical Performance

• India and Global Emerging Markets:

  • Contributed 73.9% to total revenue
  • Grew by 20.0% year-over-year

• Developed Markets:

  • Contributed 26.1% to total revenue
  • Grew by 16.8% year-over-year

Technological Advancements

Affle 3i launched Niko, an AI agent capability designed for iOS ecosystem automation. This launch, along with the previously introduced OpticksAI, enhances the company's ability to deliver ROI-driven growth advertising for marketers.

Intellectual Property

The company was granted two new US patents during the quarter, expanding its IP portfolio to 16 patents. These patents focus on:

1. Encoding user visibility count
2. Hardware and software-based user identification for advertisement fraud detection

Market Challenges and Outlook

The company noted some impact from Real Money Gaming issues in India but expects this to be offset by early festive season demand. The management remains optimistic about the company's growth trajectory, citing strong market tailwinds and a positive outlook for sustained momentum.

Conclusion

Affle 3i Limited's Q2 results demonstrate the company's ability to deliver consistent growth and improve profitability. With its focus on technological innovation and expansion in both emerging and developed markets, Affle 3i appears well-positioned to capitalize on the growing digital advertising landscape.

Investors should note that while the company faces some challenges, such as the Real Money Gaming issues in India, its diversified geographical presence and strong technological capabilities may provide a buffer against market-specific headwinds.

Affle 3i Limited , a prominent player in the advertisement technology sector, has submitted its monitoring agency report for the quarter ended September 30, 2025, detailing the utilization of proceeds from its recent preferential issue. The report, prepared by ICRA Limited, confirms that the company has adhered to the stated objectives of the issue without any material deviations.

Fund Raising and Allocation

Affle 3i raised Rs 749.02 crore through the issuance of 69 lakh equity shares at Rs 1,085.54 per share. After accounting for higher-than-expected issue-related expenses, the net proceeds were revised to Rs 737.43 crore. The company has allocated these funds across various objectives:

Utilization Highlights

During the quarter, Affle 3i utilized Rs 238.32 crore across its stated objectives:

• Rs 37.58 crore for technology development
• Rs 75.00 crore for repaying subsidiary liabilities
• Rs 125.74 crore for general corporate purposes, including working capital requirements and loan repayment

Deployment of Unutilized Funds

The company has deployed the unutilized funds of Rs 499.11 crore in a mix of fixed deposits and mutual funds across various banks:

• Fixed deposits with Axis Bank Singapore, HDFC Bank, Kotak Mahindra Bank, and Axis Bank
• Investments in HDFC Overnight Fund and Axis Overnight Fund
• Small amounts maintained in current accounts for liquidity

Project Timeline

All projects associated with the fund utilization remain on schedule, with completion targeted for March 2027. The monitoring agency report confirms that there are no delays in the implementation of the stated objectives.

Compliance and Transparency

ICRA Limited, the appointed monitoring agency, has declared that the report provides an objective view of the utilization of issue proceeds. The agency confirmed that there are no material deviations from the objects of the issue, and all utilization is in line with the disclosures made in the offer document.

Affle 3i's commitment to transparency is evident in its timely submission of the monitoring agency report, which is in compliance with Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's allocation of funds and adherence to its stated objectives demonstrate a focused approach towards enhancing its technological capabilities, managing liabilities, and strengthening its overall financial position in the advertisement technology sector.