Affle 3i Q1 FY27: Revenue up 20.4% to ₹747.2 cr

Key takeaway from the quarter

Affle 3i Limited (NSE: AFFLE) reported record operating and profit metrics for Q1 FY2027, extending its streak of sequential top-line growth to 14 quarters. The company said it recorded its highest-ever quarterly revenue, EBITDA, profit after tax (PAT), and consumer conversions in the period. On a consolidated basis, revenue from operations rose 20.4% year-on-year (YoY) to ₹747.2 crore. Profitability also improved, with EBITDA and PAT both growing at a faster clip than revenue on a year-ago base. The quarter’s outcome matters for investors tracking consistency in execution, margins, and cash conversion, especially in adtech where growth can be volatile.

When the results were announced

The company presented its Q1 FY2027 earnings results on August 10, 2026, during an earnings conference call hosted by Elara Capital. It also stated that unaudited standalone and consolidated financial results for Q1 FY2026-27 were approved by the Board on August 8, 2026. The company further noted that independent auditors did not identify any material misstatements. The reported quarter referenced in the results is the quarter ended June 30, 2026. These dates frame the sequence of disclosures and governance steps around the numbers.

Consolidated revenue: growth stayed strong

Affle 3i reported consolidated revenue of ₹747.2 crore in Q1 FY27, up from ₹620.7 crore in Q1 FY26, a YoY increase of 20.4%. Management also highlighted sequential growth, with revenue rising 3.1% quarter-on-quarter (QoQ) versus Q4 FY26. The company described the performance as being supported by robust outcomes across India, emerging markets, and developed markets. It also attributed growth to its Cost Per Converted User (CPCU) business. The company characterised the quarter as another step in its multi-quarter expansion in top line.

EBITDA and margin stability

EBITDA for the quarter came in at ₹167.6 crore, registering 20.0% YoY growth versus ₹139.7 crore in Q1 FY26. The EBITDA margin was reported at 22.4%, broadly stable compared with 22.5% in the year-ago period, a 10 bps change. On a sequential basis, the company reported EBITDA growth of 4.0% QoQ. The margin stability alongside growth indicates operating leverage held steady during the quarter, based on the figures shared. Management flagged that Q1 FY27 was also its highest-ever quarterly EBITDA.

PAT growth outpaced revenue

PAT rose 21.7% YoY to ₹128.4 crore, compared with ₹105.5 crore in Q1 FY26. The PAT margin was reported at 16.6%. The company also disclosed a 7.5% QoQ increase in PAT versus Q4 FY26. Profit before tax (PBT) stood at ₹157.8 crore, up 22.1% YoY from ₹129.2 crore. Management noted PAT grew despite higher taxes in the quarter, based on commentary included with the results. Along with revenue and EBITDA, the company said Q1 FY27 marked a record quarter for PAT.

Cash flow and cash conversion snapshot

Operating cash flow (OCF) for Q1 FY2027 was reported at ₹69.4 crore. The OCF to PAT ratio was stated at 41% for the quarter. These data points provide an additional lens beyond the income statement, showing how much of reported profit converted into operating cash in the period. The company’s disclosure focused on the quarter’s operating cash flow performance and did not provide additional cash flow line items in the provided information.

EPS movement and what it reflects

Basic earnings per share (EPS) on a consolidated basis was reported at ₹9.13 for Q1 FY27. This compared with ₹7.52 in Q1 FY26. The EPS increase is consistent with the company’s YoY rise in consolidated PAT. The results narrative emphasised that the quarter also delivered record consumer conversions, in addition to financial metrics. While EPS is not a direct operating metric, it is a widely used per-share summary of profit performance.

Standalone performance also expanded

Alongside consolidated numbers, the company disclosed standalone revenue of ₹239.61 crore for Q1 FY27. Standalone PAT was reported at ₹40.84 crore, with YoY growth of 37.5% on that measure. The standalone revenue figure was also presented as ₹2,396.05 million in the source information, which corresponds to ₹239.61 crore under the same unit base. These standalone numbers help isolate the performance of the parent entity from the consolidated group.

Summary table: Q1 FY27 versus Q1 FY26

Market impact: what the numbers signal

The combination of 20.4% revenue growth and stable EBITDA margin indicates Affle 3i maintained profitability while expanding scale in Q1 FY27. QoQ growth of 3.1% in revenue, 4.0% in EBITDA, and 7.5% in PAT shows the quarter improved over Q4 FY26 based on the company’s own sequential comparisons. The results also underscore management’s emphasis on CPCU-driven execution and performance across multiple geographies, including India, emerging, and developed markets. From an investor perspective, the disclosed OCF to PAT ratio of 41% provides a checkpoint on cash conversion for the quarter. The record-quarter framing around revenue, EBITDA, PAT, and consumer conversions is central to how the company positioned the update.

Conclusion and what to track next

Affle 3i’s Q1 FY27 update reported record quarterly metrics and extended its sequential top-line growth streak to 14 quarters, with consolidated revenue at ₹747.2 crore and PAT at ₹128.4 crore. The Board approval of unaudited results on August 8, 2026 and the earnings presentation on August 10, 2026 complete the formal reporting timeline for the quarter. Going forward, investors will likely keep watch on whether the company sustains sequential growth, maintains EBITDA margin near the 22% level, and improves operating cash flow conversion relative to profit across upcoming quarters.