Icon times
45% healthy organic growth on YoY basis this quarter, Jampp acquisition is near 7% EBITDA margin in its first year since its integration | Affle India Q4 FY22 Conference Call Highlights

45% healthy organic growth on YoY basis this quarter, Jampp acquisition is near 7% EBITDA margin in its first year since its integration | Affle India Q4 FY22 Conference Call Highlights

Published on 16 May 2022 .Views 30 .Comments 0
  • Q4 FY2022 Highlights (y-o-y): Revenue from Operations of Rs. 315.1 crores, an increase of 122.6% y-o-y. EBITDA at Rs. 58.7 crores, an increase of 70.2% y-o-y. Profit After Tax (PAT) at Rs. 52.7 crores, an increase of 98.7% y-o-y.
  • FY2022 Highlights (y-o-y): Revenue from operations of Rs. 1,081.7 crores, an increase of 109.3% y-o-y. EBITDA at Rs. 213.5 crores, up by 63.8% y-o-y. PAT at Rs. 183.4 crores, up by 77.8% y-o-y.
  • The CPCU business continued the growth momentum delivering 5.7 crores of converted users in Q4 FY2022, an increase of 91.1% y-o-y and taking the total converted users delivered in 12M FY2022 to 19.5 crores. The top industry verticals for the company continued to be high growth, helping it register a strong performance in this quarter.
  • Organic growth in this quarter YoY is 45%.
  • While Q3 continues to be the highest quarter during the year on account of business seasonality, consistent positive momentum reflected in Q4 as well.
  • Last year Q4 had a higher other income (non-operating) primarily on account of onetime gain on divestment of Indus OS.
  • Rapid growth of online commerce globally forecast to contribute 22% of all commerce by 2024 with equally rapid digital disruptions happening in retail commerce.
  • Global Digital Ad Market to grow by 9% with Emerging markets like India expected to grow at 25-30% together with other emerging markets like SEA & LATAM also exceeding global trends- e-marketer.
  • Only half the world is online with US/UK at ~80% smartphone penetration and Emerging Markets trailing with India 32%, Brazil 51% & Indonesia 59%- GSMA.
  • CPCU rates to grow both in India as well as abroad going forward 2-3 years ahead.
  • Free cash flow at 153-154 Cr in FY22.
  • Operating cash flow/ PAT is 112.3%. Return on equity (ROE) is 27.2%, ROCE- 18.5%.
  • Jampp is 7% EBITDA this year while in FY23 it will be around mid-teens and in FY24 it will be around 20%. This is also the strategy of every acquisition (within one-year single digit EBITDA margin, second year mid-teen EBITDA, third year- 20% EBITDA margin).
  • Plan is to have 4% of revenues to spend on the innovation in FY23.
  • Indian revenues are 34.7% while 65.3% is International revenues in FY22.

Disclaimer: The information here is provided for reference purposes only and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell stocks or MF.


Use of this information is at the users own risk. The Company and its directors, associates and employees will not be liable for any loss or liability incurred to the user due to investments made or decisions taken based on the information provided herein. The investment discussed or views expressed herein may not be suitable for all investors. The users should rely on their own research and analysis and should consult their investment advisors to determine the merit, risks and suitability of recommendation. Past performance is not a guarantee for future performance or future results. Information herein is believed to be reliable, although its accuracy and completeness cannot be guaranteed. The images used may be copyright of the company or third party. As a condition to using the services, the user agrees to the terms of use of the website and the services.


Yadnya Academy Pvt. Ltd. (InvestYadnya) is registered with SEBI under SEBI (Research Analyst) Regulations, 2014 with registration no. INH000008349. Disclosure with regard to ownership and material conflicts of interest

1. Neither Research Analyst nor the entity nor his associates or relatives have any financial interest in the subject Company;

2. Neither Research Analyst nor the entity nor its associates or relatives have actual / beneficial ownership of one per cent or more securities of the subject Company, at the end of the month immediately preceding the date of publication of the research report or date of public appearance;

3. Neither Research Analyst nor the entity nor its associates or his relatives have any other material conflict of interest at the time of publication of the research report or at the time of public appearance.

Disclosure with regard to receipt of Compensation

1. The Research Entity and its associates have not received compensation from the subject company in the past twelve months.

2. The subject company is not or was not a client during the twelve months preceding the date of recommendation.

private article suscription area icon

You like to know more. We like that!

Please subscribe Model Portfolio Plan to get access of all premium model portfolio articles Only at Rs. 11,999.00/Year.

Please login to view this free article.

This blog is available only for logged in users, please register and get access to view this article.

Recently Uploaded

premium Premium
free Free
Chat on WhatsApp
Caret UP Arrow
InvestYadnya Support
Typically replies in minutes
InvestYadnya Support
Hi there
Welcome to InvestYadnya.
We are available to assist you on WhatsApp.
Please click on the button below to chat with us.
(10 AM to 7 PM IST)
Chat with InvestYadnya