Share of Affle (India) Limited is currently trading at around Rs.1027/-. Investors are asking for Affle India Share Price Targets from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the Share Price Targets for the Company from 2023 to 2030.
Following are the frequently asked questions by the existing as well as prospective investors, about Affle (India) Limited. We will provide answers to all these questions in this article:
- Is Affle India a good buy?
- What is the target price of Affle India Limited?
- Is Affle overvalued?
- Is Affle India good for long term?
- What is the future of Affle India?
Discussion & Analysis of Business & Financial performance as well as future business prospects of Affle (India) Limited:
Affle (India) Limited is a leading technology company that provides solutions for mobile advertising, data analytics, and customer relationship management. The company has a strong track record of growth and innovation, and it is well-positioned for continued success in the future.
Present Business Performance
Affle (India) Limited has been growing rapidly in recent years. In FY22, the company’s revenue grew by 23% to ₹923 crore. EBITDA grew by 24% to ₹173 crore. The company’s net profit grew by 22% to ₹125 crore.
Affle’s growth has been driven by a number of factors, including:
- The increasing adoption of mobile advertising
- The growing demand for data analytics and customer relationship management solutions
- The company’s strong product portfolio
- The company’s expanding customer base
Affle has a strong balance sheet with ₹220 crore in cash and cash equivalents and no debt. The company is also generating strong cashflows, with ₹110 crore in free cash flow in FY22. This gives the company the financial flexibility to invest in growth initiatives and make acquisitions.
Future Business Prospects
Affle (India) Limited is well-positioned for continued growth in the future. The company is operating in a number of high-growth markets, including India, Southeast Asia, and the Middle East. The company is also benefiting from a number of tailwinds, such as the increasing adoption of artificial intelligence and machine learning.
Affle has a number of key initiatives underway that are expected to drive future growth. These initiatives include:
- Expanding into new geographies
- Launching new products and services
- Increasing investment in research and development
- Strengthening partnerships with key players in the ecosystem
Affle is also committed to ESG principles. The company has a strong ESG track record, and it is committed to reducing its environmental impact and improving its social impact.
Conclusion
Affle (India) Limited is a leading technology company with a strong track record of growth and innovation. The company is well-positioned for continued success in the future. Affle has a strong balance sheet, a solid pipeline of growth initiatives, and a commitment to ESG principles. Investors should consider Affle (India) Limited for their investment portfolios.
Share Price Targets:
Affle India Share Price Target 2023
Based on the above discussion and analysis, the share price of Affle India may touch the level of around Rs.1050-1100 in 2023.
Affle India Share Price Target 2024
Based on the above discussion and analysis, the share price of Affle India may touch the level of around Rs.1150-1250 in 2024
Affle India Share Price Target 2025
Based on the above discussion and analysis, the share price of Affle India may touch the level of around Rs.1300-1400 in 2025
Affle India Price Target 2026
Based on the above discussion and analysis, the share price of Affle India may touch the level of around Rs.1450-1550 in 2026
Affle India Price Target 2027
Based on the above discussion and analysis, the share price of Affle India may touch the level of around Rs.1600-1700 in 2027
Affle India Price Target 2028
Based on the above discussion and analysis, the share price of Affle India may touch the level of around Rs.1750-1850 in 2028
Affle India Price Target 2029
Based on the above discussion and analysis, the share price of Affle India may touch the level of around Rs.1900-2000 in 2029
Affle India Price Target 2030
Based on the above discussion and analysis, the share price of Affle India may touch the level of around Rs.2100-2400 in 2030
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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