Key Points
AFFLE.NS stock fell 0.79% to INR 1,421.70 on NSE intraday trading
Strong fundamentals with 22.98% revenue growth and 28.46% net income growth support valuation
Meyka AI rates AFFLE.NS stock B+ with forecast of INR 1,936.74 by year-end 2026
May 11 earnings announcement will be critical catalyst for near-term price direction
AFFLE.NS stock declined 0.79% to INR 1,421.70 on the NSE during intraday trading on May 1, 2026. Affle (India) Limited, a mobile advertising and software services company, saw trading volume reach 140,282 shares, below its average of 309,989. The stock trades at a PE ratio of 45.57, reflecting elevated valuation multiples in the advertising technology sector. Despite recent weakness, Meyka AI rates AFFLE.NS stock with a B+ grade, suggesting moderate buy potential. The company’s market cap stands at INR 199.95 billion, with earnings announcement scheduled for May 11, 2026.
AFFLE.NS Stock Price Movement and Technical Setup
AFFLE.NS stock opened at INR 1,436.90 and traded between INR 1,407 (day low) and INR 1,475.90 (day high). The 0.79% decline from the previous close of INR 1,433.10 signals mild selling pressure in early trading. Year-to-date, AFFLE.NS stock has fallen 20.99%, though it remains above the 52-week low of INR 1,251.30. The stock trades above its 50-day moving average of INR 1,399.27, suggesting intermediate support.
Technical indicators show mixed signals. The RSI stands at 49.39, indicating neutral momentum without clear overbought or oversold conditions. The MACD histogram at 0.12 suggests weak bullish momentum, while the Awesome Oscillator at 35.10 reflects modest positive pressure. Bollinger Bands place the price near the middle band at INR 1,429.15, with upper resistance at INR 1,468.13 and lower support at INR 1,390.17.
Financial Metrics and Valuation Analysis of AFFLE.NS Stock
AFFLE.NS stock trades at a price-to-sales ratio of 7.73, significantly above sector averages, reflecting premium valuation expectations. The PE ratio of 45.57 indicates investors pay INR 45.57 for every rupee of earnings. Book value per share stands at INR 231.69, giving a price-to-book ratio of 6.14. Earnings per share (EPS) reached INR 31.20, with net profit margin at 16.95%.
Gross profit margin of 34.99% demonstrates solid operational efficiency in the advertising technology business. Operating profit margin stands at 18.10%, while the company maintains a strong balance sheet with debt-to-equity ratio of just 0.012. Current ratio of 3.61 indicates excellent short-term liquidity. Free cash flow per share of INR 5.85 and operating cash flow per share of INR 13.03 show the company generates meaningful cash despite high valuations. Track AFFLE.NS on Meyka for real-time updates on these metrics.
Growth Trajectory and Earnings Outlook for AFFLE.NS Stock
AFFLE.NS stock reflects strong historical growth. Revenue grew 22.98% year-over-year, while net income surged 28.46%. EPS expanded 24.28%, outpacing revenue growth and signaling operational leverage. Free cash flow jumped 81.45%, demonstrating improving cash generation. Over five years, revenue per share grew 5.07%, while net income per share climbed 4.21%.
The company’s 10-year revenue growth per share reached 48.91%, showcasing long-term value creation. However, recent performance shows deceleration. The stock has fallen 26.45% over six months and 10.25% over one year, despite strong fundamentals. Earnings announcement on May 11, 2026 will provide fresh guidance. Meyka AI’s forecast model projects AFFLE.NS stock reaching INR 1,936.74 by year-end 2026, implying 36.2% upside from current levels, though forecasts are model-based projections and not guarantees.
Market Sentiment and Trading Activity for AFFLE.NS Stock
Trading Activity: Volume of 140,282 shares represents 45.25% of average daily volume, indicating lighter participation. This below-average activity suggests cautious investor sentiment despite the stock’s technical setup. The Money Flow Index (MFI) at 59.82 shows moderate buying pressure, though not extreme. Relative volume compression often precedes volatility breakouts.
Liquidation Signals: The Williams %R indicator at -61.97 suggests the stock trades near its intraday lows, potentially attracting value buyers. Stochastic %K at 42.43 indicates the price sits in the lower half of its recent range. The CCI at -7.50 shows slight bearish divergence. On-Balance Volume (OBV) at 1,877,779 reflects cumulative buying and selling pressure. These mixed signals suggest AFFLE.NS stock may consolidate before the May 11 earnings announcement.
Final Thoughts
AFFLE.NS stock declined 0.79% to INR 1,421.70 on May 1, 2026, driven by profit-taking despite strong fundamentals. The stock trades at premium valuations with a PE ratio of 45.57 and price-to-sales of 7.73, justified by 22.98% revenue growth and 28.46% net income growth. Meyka AI rates it B+, reflecting solid financial performance and analyst consensus. The May 11 earnings announcement will be crucial for near-term direction. Investors should watch technical support at INR 1,390 and resistance at INR 1,468.
FAQs
The decline resulted from profit-taking amid below-average trading volume. With a PE of 45.57, the stock is sentiment-sensitive. Neutral technical momentum suggests consolidation before the May 11 earnings announcement.
Meyka AI assigns a B+ grade (72.69 score) with a BUY recommendation, considering S&P 500 benchmarks, sector performance, financial growth, and analyst consensus. Grades are not guaranteed.
Meyka AI projects AFFLE.NS reaching INR 1,936.74 by end-2026 (36.2% upside) and INR 2,655.26 over five years. These are model-based projections, not performance guarantees.
AFFLE.NS trades at PE 45.57 and price-to-sales 7.73, above sector averages. However, 22.98% revenue and 28.46% net income growth justify the premium versus slower-growing competitors.
Affle announces Q4 FY2026 earnings on May 11, 2026 at 12:00 PM IST with management guidance. Earnings surprises typically drive sharp market reactions and serve as key price catalysts.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
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