Affle 3i (AFFLE) Q4 25/26 earnings summary

Executive summary

• Achieved 13th consecutive quarter of sequential top-line growth, with FY 2026 marking a strong foundational year and continued delivery on medium-term guidance of 20% CAGR.

• Achieved strong year-over-year growth in revenue, EBITDA, and PAT for Q4 and FY2026, driven by the CPCU business model and AI-led digital advertising solutions.

• Maintained a verticalized focus on high-growth categories such as e-commerce, fintech, gaming, and healthtech, contributing to resilient performance across both developed and emerging markets.

• Continued investments in AI and platform innovation, including integration of OpticksAI and Niko, driving campaign effectiveness and operational efficiency.

• Recognized as a technology thought leader, earning multiple industry accolades and expanding IP portfolio to 18 granted patents.

• Audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, were approved by the Board on May 9, 2026.

Financial highlights

• Q4 FY 2026 revenue reached INR 7,244 million, up 20.3% year-on-year; EBITDA at INR 1,612 million, up 20.3% year-on-year; PAT at INR 1,195 million, up 16% year-on-year.

• FY 2026 consolidated revenue was INR 27,093.09 million, up 19.5% year-on-year; EBITDA at INR 6,101 million, up 26.3% year-on-year; PAT at INR 4,548.51 million, up 19.1% year-on-year.

• Operating cash flows for FY 2026 were INR 5,020 million, with a 25% CAGR over five years.

• EBITDA margin for FY 2026 improved by 120 bps to 22.5%; Q4 EBITDA margin at 22.3%.

• Basic EPS (consolidated) for FY 2026 was INR 32.38, up from INR 27.23 in FY 2025.

Outlook and guidance

• Reaffirmed medium-term guidance of 20%+ organic CAGR and a 10X decadal growth vision.

• Management expects investments in verticalization and premium positioning to yield margin improvements within the next two years.

• Confident in resilience and sustainability of the business model amid macroeconomic and geopolitical challenges.

• Management continues to focus on platform and product innovation, AI-driven solutions, and expanding global reach to sustain double-digit growth.

• No explicit forward-looking guidance provided, but continued monitoring of regulatory changes and ongoing investments in business growth were noted.