Affle India Surges: Q3 Revenue Climbs 19.2%, Profit Up 19.1%

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AuthorKavya Nair|Published at:
Affle India Surges: Q3 Revenue Climbs 19.2%, Profit Up 19.1%
Overview

Affle India announced stellar Q3 FY2026 results, posting a 19.2% year-on-year revenue jump to INR 717.5 crore and a 19.1% rise in profit after tax to INR 119.3 crore. The company's AI-powered consumer intelligence platforms and robust CPCU business model fuelled significant growth, expanding EBITDA margins by 89 basis points. Management anticipates continued profitable growth driven by technological innovation.

📉 The Financial Deep Dive

Affle (India) Limited has reported a strong third quarter for FY2026, demonstrating significant year-on-year growth across key financial metrics, driven by its AI-powered consumer intelligence platforms.

The Numbers:

  • Revenue: Consolidated revenue from operations surged by 19.2% YoY to INR 717.5 crore in Q3 FY2026, compared to INR 601.7 crore in Q3 FY2025.

  • EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew robustly by 24.1% YoY to INR 163.0 crore.

  • EBITDA Margin: The EBITDA margin saw an improvement of 89 basis points YoY, reaching 22.7%.

  • PAT: Profit After Tax (PAT) increased by 19.1% YoY to INR 119.3 crore.

  • QoQ Performance: Quarter-on-quarter, revenue was up 10.9%, EBITDA rose 11.6%, and PAT increased 8.0%.

For the nine months ended December 31, 2025 (9M FY2026), revenue reached INR 1,984.9 crore ( +19.3% YoY), EBITDA stood at INR 448.9 crore ( +28.5% YoY), and PAT grew to INR 335.3 crore ( +20.3% YoY). The EBITDA margin for the nine months expanded by 163 basis points YoY to 22.6%.

The Quality:

The company's Cost Per Converted User (CPCU) business was a significant growth engine, delivering 12.0 crore converted users in Q3 FY2026 and contributing INR 713.6 crore in revenue ( +19.6% YoY). This performance indicates the strength and scalability of their AI-driven CPCU model, which is also contributing to operating margin expansion.

The Grill:

In his commentary, Chairperson, MD & CEO Anuj Khanna Sohum highlighted Q3 FY2026 as a milestone quarter with record revenue, EBITDA, PAT, and consumer conversions. He attributed success to consistent execution and the resilience of their AI-powered Consumer Platform Stack. The company is strategically investing in technology, including the Niko AI engine on its Newton platform, to drive automation and operational efficiency. The outlook remains focused on disciplined capital allocation, sustained innovation, and operational rigor to compound profitable growth, suggesting a proactive approach to leveraging its technological edge.

🚩 Risks & Outlook

Specific Risks:

While the results are strong, potential risks include execution challenges in scaling new technologies, increased competition in the digital advertising and consumer intelligence space, and evolving regulatory landscapes concerning data privacy and AI. Macroeconomic slowdowns could also impact advertising spends.

The Forward View:

Investors will be watching for continued execution of the AI strategy, the successful integration and impact of new technological investments like the Niko AI engine, and sustained margin expansion. The company's ability to maintain its growth trajectory while managing operational costs will be key in the upcoming quarters. The focus on disciplined capital allocation and innovation signals a commitment to long-term shareholder value.

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