Affle 3i Limited · NSE:AFFLE
Affle 3i — Q3 FY2026 Earnings Presentation
27 slides from Affle 3i's earnings presentation, Jan 31, 2026
Slide 1: Exchange filing cover letter for earnings presentation
AFFLE/EP/2025-26/Q3 January 31, 2026 To BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C-l, G Dalal Street, Mumbai 400 001 Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Scrip Code: 542752 Symbol: AFFLE Re: Earnings Prese
Slide 2: Q3 & 9M FY2026 Earnings Presentation
Affle 3i Limited Q3 & 9M FY2026 Earnings Presentation For the period ended December 31, 2025 Consumer Intelligence Driven Global Technology Company
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (“Presentation”) have been cause actual results to differ materially from those expressed or implied. Such prepared by Affle 3i Limited (“Affle” or the “Company”) solely for informational statements should not be regarded as guarantees of futu
Slide 4: Affle 3i Vision: Powering 10x Decadal Growth
Affle 3i Vision: Powering 10x Decadal Growth • Leading with platform & • Maximising measurable business • Leveraging Authentic, product innovation powering outcomes driving real-world Actionable and Augmented the connected ecosystem impact Intelligence (Affle AI) • AI-driven hyper-contextual • Inclu
Slide 5: Performance Highlights
Affle | Performance Highlights Q3 FY2026 vs. Q3 FY2025 Q3 FY2026 vs. Q2 FY2026 9M FY2026 vs. 9M FY2025 Amount in INR million Y-o-Y Comparison Q-o-Q Comparison Y-o-Y Comparison 6,017 7,175 6,467 7,175 19,849 16,641 Revenue1 +19.2% +10.9% +19.3% 1,630 1,461 1,630 4,489 1,314 3,492 EBITDA +24.1% +11.6%
Slide 6: Consolidated Financial Summary
Consolidated Financial Summary In INR million Q3 FY2026 Q3 FY2025 Y-o-Y Growth Q2 FY2026 Q-o-Q Growth 9M FY2026 9M FY2025 Y-o-Y Growth Revenue from Contracts with Customers 7,175 6,017 19.2% 6,467 10.9% 19,849 16,641 19.3% Inventory and Data Costs 4,474 3,631 23.2% 3,961 13.0% 12,216 10,145 20.4% Em
Slide 7: YTD Performance Trend (Consolidated)
YTD Performance Trend (Consolidated) Revenue CAGR 26.9% EBITDA CAGR 30.5% PAT CAGR 26.6% Y-o-Y Growth 19.3% 28.5% 20.3% 19,849 16,641 Particulars in INR million 13,366 10,781 7,666 4,489 3,492 2,788 3,353 2,198 1,829 1 2,620 2,098 1,548 1,306 1 9M FY2022 9M FY2023 9M FY2024 9M FY2025 9M FY2026 Reven
Slide 8: Cashflow Trend and Balance Sheet Position (Consolidated)
Cashflow Trend and Balance Sheet Position (Consolidated) Operating Cash Flows* (INR mn) Asset & Liabilities (INR mn) – As of Dec 31, 2025 Assets 4,208 41,251 7,249 14,376 4,260 15,417 Cash & Goodwill & Contract Assets & Other Total Assets Liquid Investments Intangibles Assets Trade Receivables Asset
Slide 9: Quarterly Performance Trend (Consolidated)
Quarterly Performance Trend (Consolidated) Revenue from Operations (INR mn) Market-wise Performance (Q3 FY2026) Revenue Split India & Emerging Markets 7,175 73.9% 26.1% Developed Markets 6,467 6,207 6,017 6,023 5,429 5,062 5,195 4,987 Broad-based Growth Across Markets (Y-o-Y) 4,313 4,066 India & Eme
Slide 10: Quarterly Performance Trend (Consolidated)
Quarterly Performance Trend (Consolidated) EBITDA (INR mn) & EBITDA Margin (%) Profit After Tax1 (INR mn) & PAT Margin (%) 22.2% 22.5% 22.6% 22.7% 21.8% 20.9% 16.6% 16.5% 20.2% 20.1% 16.4% 16.1% 16.1% 16.5% 16.2% 19.2% 19.4% 19.4% 1,630 15.9% 15.9% 15.1% 15.1% 1,461 1,340 1,397 1,314 1,193 1,055 1,1
Slide 11: CPCU Business | Q3 Performance Trend (y-o-y)
CPCU Business | Q3 Performance Trend (y-o-y) # No. of Conversions (mn) Average CPCU (INR) CPCU Revenue (INR mn) Q3 FY2026 119.7 59.6 7,136 vs. Q3 FY2025 103.3 57.8 5,968 vs. Q3 FY2024 83.8 57.0 4,774 *All numbers are on a consolidated basis, unless otherwise stated 10
Slide 12: CPCU Business | 9M Performance Trend (y-o-y)
CPCU Business | 9M Performance Trend (y-o-y) # No. of Conversions (mn) Average CPCU (INR) CPCU Revenue (INR mn) 9M FY2026 335.7 58.5 19,655 vs. 9M FY2025 288.8 57.3 16,561 vs. 9M FY2024 224.5 55.9 12,558 *All numbers are on a consolidated basis, unless otherwise stated 11
Slide 13: CPCU Business | Conversions Trend
CPCU Business | Conversions Trend Number of Conversions (mn) Y-o-Y growth in all quarters 119.7 107.0 109.0 103.3 104.0 94.8 88.4 90.8 83.8 68.7 72.0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 FY24 FY24 FY24 FY24 FY25 FY25 FY25 FY25 FY26 FY26 FY26 *All numbers are on a consolidated basis, unless otherwise sta
Slide 14: Verticalized Focus on High Growth Categories
Verticalized Focus on High Growth Categories Verticalized approach within fast-growing resilient industry segments across E, F, G, H Categories driving 100% of our revenue Direct Customers – Revenue Contribution Category E Category F E-commerce Fintech 8,009 10,675 14,074 17,169 14,743 Online market
Slide 15: Business Overview & Case Studies
Business Overview & Case Studies - Affle Overview - CPCU Business Model - Affle Culture - Affle Consumer Platform Case Studies
Slide 16: Affle Overview
Affle Overview About Us Business Credentials Tech Capabilities o Global technology company enabling AI-led o Affle Consumer Platform Stack powers o Tech IP addressing privacy & ad fraud solutions in digital advertising, driving integrated consumer journeys for marketers performance across connected
Slide 17: Cost Per Converted User (CPCU) Business
Affle | Cost Per Converted User (CPCU) Business 99.5% of Revenue from Contracts with Customers contributed by CPCU model in Q3 FY2026 New user conversion Existing user repeat New/existing user (online) conversion (online) conversion (offline) Use Case – Targeted new user Use Case – Driving footfalls
Slide 18: Consumer Platform with multiple DSPs | Simplifying and unifying the ecosystem
Affle Consumer Platform with multiple DSPs | Simplifying and unifying the ecosystem Consumer Platform Business Demand-Side Platforms Use-Cases ConvergeAI Supply-Side Supply Cloud Platforms Data New User Management Advertisers Acquisition Platform ● Cloud Optimization Consumers ● Supply Optimization
Slide 19: Affle Culture | Tech Innovations & Accreditation
Affle Culture | Tech Innovations & Accreditation Global Tech IP Portfolio Unified Consumer Tech Proposition Total 39 unique Patents with 16 granted and rest filed & pending across jurisdictions 3.9 Bn1 Connected Devices Reached Award-winning Ad Fraud Detection Platform Affle’s mFaas: Real-time solut
Slide 20: Affle Culture | Tech & Thought Leadership
Affle Culture | Tech & Thought Leadership Represents No. of Ranks achieved by Affle Platforms 19
Slide 21: Affle Consumer Platform Case Studies
Affle Consumer Platform Case Studies 1. Hospitality & Travel | Driving conversions across India & other Emerging Markets 2. Rovio | Driving repeat users (gamers) conversions to expand monetisation for a leading game in US 3. Kiddopia | Scaling conversions of premium iOS users (parents) worldwide for
Slide 22: Hospitality & Travel | Driving conversions across India & other Emerging Markets
Hospitality & Travel | Driving conversions across India & other Emerging Markets About the Advertiser About the Advertiser About the Advertiser Goibibo is India’s leading online travel booking brand MyBluebird is a prominent taxi ride-hailing app in redBus is India’s leading bus and train ticket pro
Slide 23: Rovio | Driving repeat users conversions for a leading game in US
Rovio | Driving repeat users (gamers) conversions to expand monetisation for a leading game in US About the Advertiser A global mobile gaming leader known for its popular titles, including the highly popular Angry Birds franchise. Rovio is now part of the global entertainment company SEGA. Objective
Slide 24: Kiddopia | Scaling conversions of premium iOS users worldwide
Kiddopia | Scaling conversions of premium iOS users (parents) worldwide for a leading edtech app About the Advertiser Award-winning global education app with 40M+ users, part of Nazara Technologies, an Indian publicly listed gaming company. Objective Drive new user conversions on premium Apple devic
Slide 25: Shareholders Information
Shareholders Information
Slide 26: Shareholders Information
Affle | Shareholders Information Shareholding Pattern (As on Dec 31, 2025) Brokerages Covering Affle Institutional *Total Shares Outstanding – 140,695,134 Citi Research Ambit Capital Avendus Spark Research Desk DAM Capital Elara Capital Anand Rathi 8.7% Promoters & Promoter Group 20.0% Mutual Funds
Slide 27: Contact Us
Contact Us Website www.affle.com Investor Relations Contact investor.relations@affle.com