Affle 3i (AFFLE) Q2 25/26 earnings summary

Executive summary

• Achieved highest-ever quarterly revenue, EBITDA, and PAT in Q2 FY2026, driven by AI-led innovation, platform expansion, and strong performance in high-growth verticals such as e-commerce, fintech, gaming, and healthtech.

• India and global emerging markets contributed 73.9% of revenue, growing 20% year-on-year, while developed markets grew 16.8%.

• Unaudited standalone and consolidated financial results for Q2 and H1 FY2025-26 were approved by the Board on November 1, 2025.

• Continued expansion of AI capabilities with the launch of Niko and Opticks AI, and awarded two new US patents, strengthening IP and fraud detection.

• Maintained a verticalized focus and expanded global reach, with significant international presence and resilient performance.

Financial highlights

• Q2 FY2026 consolidated revenue: INR 6,467.18 million, up 19.1% year-on-year; H1 FY2026 revenue: INR 12,675 million.

• Q2 FY2026 EBITDA: INR 1,461 million, up 28.9% year-on-year; EBITDA margin at 22.6%.

• Q2 FY2026 PAT: INR 1,105.13 million, up 20.1% year-on-year; PAT margin at 16.5%.

• H1 FY2026 operating cash flows reached INR 4,260 million, reflecting robust cash generation.

• Earnings per share (consolidated, basic) for Q2 FY2026 was INR 7.88, up from INR 6.56 in Q2 FY2024-25.

Outlook and guidance

• Management targets medium-term 20%+ revenue growth and decadal 10x growth, leveraging AI-driven innovation and operational efficiencies.

• Early festive season in India and robust Q3 pipeline expected to support continued growth.

• Margin expansion expected to be sustainable in the medium term due to operational efficiencies and AI-driven productivity.

• The company continues to invest QIP and preferential issue proceeds in fixed and other deposits, with significant funds yet to be deployed for specified purposes.