Retailing
Profitability: Very strong Profitability. One year profit margin are 40%.
Past Returns: Outperforming stock! In past three years, the stock has provided 21% return compared to 12.2% by NIFTY 50.
Size: It is among the top 200 market size companies of india.
Insider Trading: There's significant insider buying recently.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Growth: Good revenue growth. With 46.4% growth over past three years, the company is going strong.
Balance Sheet: Strong Balance Sheet.
Smart Money: Smart money has been increasing their position in the stock.
No major cons observed.
Valuation | |
|---|---|
| Market Cap | 88.39 kCr |
| Price/Earnings (Trailing) | 93.1 |
| Price/Sales (Trailing) | 21.29 |
| EV/EBITDA | 41.03 |
| Price/Free Cashflow | 110.18 |
| MarketCap/EBT | 44.22 |
| Enterprise Value | 88.11 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 4.15 kCr |
| Rev. Growth (Yr) | 5.7% |
| Earnings (TTM) | 1.66 kCr |
| Earnings Growth (Yr) | 310.1% |
Profitability | |
|---|---|
| Operating Margin | 48% |
| EBT Margin | 48% |
| Return on Equity | 3.27% |
| Return on Assets | 2.79% |
| Free Cashflow Yield | 0.91% |
Growth & Returns | |
|---|---|
| Price Change 1W | 1.9% |
| Price Change 1M | 1.3% |
| Price Change 6M | -9.6% |
| Price Change 1Y | -21.4% |
| 3Y Cumulative Return | 21% |
| 5Y Cumulative Return | 8.1% |
| 7Y Cumulative Return | 23.9% |
| 10Y Cumulative Return | 23.3% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -817.77 Cr |
| Cash Flow from Operations (TTM) | 875.84 Cr |
| Cash Flow from Financing (TTM) | -126.99 Cr |
| Cash & Equivalents | 280.04 Cr |
| Free Cash Flow (TTM) | 792.99 Cr |
| Free Cash Flow/Share (TTM) | 12.24 |
Balance Sheet | |
|---|---|
| Total Assets | 59.4 kCr |
| Total Liabilities | 8.72 kCr |
| Shareholder Equity | 50.67 kCr |
| Current Assets | 5.11 kCr |
| Current Liabilities | 1.62 kCr |
| Net PPE | 360.03 Cr |
| Inventory | 0.00 |
| Goodwill | 322.49 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | 75.32 |
| Interest/Cashflow Ops | 35.77 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 6 |
| Dividend Yield | 0.44% |
| Shares Dilution (1Y) | 0.10% |
| Shares Dilution (3Y) | 0.50% |
Updated May 4, 2025
The stock has experienced a decline of over 30% since January 2025, attributed to fears of a slowdown in IT spending affecting recruitment revenues.
Info Edge received an income tax demand of Rs 17.05 crore, mainly due to disallowed ESOP expenses, raising concerns over its financial position.
Analysts have warned of a bearish outlook due to ongoing challenges in the IT sector, which could affect recruitment revenues for Info Edge.
Info Edge reported a significant rise in standalone billings by 19% year-on-year, reaching Rs 984 crore in Q4 FY25.
The company announced a 1:5 stock split to enhance market liquidity, aimed at attracting more retail investors.
Despite recent volatility, Info Edge's revenue growth remains strong, with Naukri.com showing an 18% year-on-year increase in recruitment revenue for Q4 FY25.
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Summary of Info Edge(India)'s latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated:
In the earnings call for Q1 FY26, Info Edge (India) Limited's management provided an outlook characterized by cautious optimism in light of recent macroeconomic challenges.
For Q1 FY26, the standalone billings were reported at Rs. 644 crores, reflecting a year-on-year (YOY) growth of 11%, while revenue reached Rs. 736 crores with a YOY increase of 15%. Despite the downturn, operating profits rose to Rs. 250 crores, marking a 10% YOY growth, and the cash balance at June 2025 stood at Rs. 4,828 crores.
Key forward-looking points include:
Recruitment Business: Billings rose 9% to Rs. 470 crores, although this growth was moderated due to a slowdown in certain sectors like IT services and BFSI. The Q1 operating profit margin remained strong at 53%, and the recruitment segment continues to gain traction in sectors such as healthcare and manufacturing. However, the management noted an expected return to better growth trajectories pending resolution of macroeconomic uncertainties.
Real Estate Segment: Billings increased by 17% to Rs. 94 crores, driven by more billed customers, indicating continued market share growth, though operating losses were noted at Rs. 19 crores.
Matrimony and Shiksha Segments: The matrimony business achieved a break-even point with billings up 36% to Rs. 35 crores. The Shiksha sector faced mixed results, generating Rs. 50 crores in revenue, but growth was tempered by external challenges.
AI Investment: Management underscored a commitment to leveraging AI to enhance platform efficiencies and user experience while developing new monetization avenues.
Marketing Spend: Increased marketing expenses are anticipated to remain at around 12% of revenue, focusing on strong branding across platforms to capture market share despite subdued growth expectations.
Overall, while cautious due to current uncertainties, management expressed confidence in strategic investments and a resilient portfolio across various segments.
Last updated:
Question 1: Hitesh, I want you to elaborate on the conversations you're having with your tech clients regarding AI's impact.
Answer: We're observing varied impacts of AI. Our growth moderated to 11% in Q1, and while some sectors like GCCs are performing well, others like IT and BFSI have softened. July showed improvements in collections, with 19% billing growth. It's unclear if the demand slowdown is AI-related or due to geopolitical tensions. The next few quarters will be telling regarding hiring and growth patterns.
Question 2: What are your thoughts on the necessity of continuous brand investments resembling FMCG models?
Answer: Our marketing spends vary across businesses. Naukri's spend has increased to around 10%, but we can scale back if needed. New businesses like JobHai require more upfront investment, and in sectors like 99acres and Jeevansathi, we will continue to invest heavily to gain market share. Our focus is on sustained growth rather than cutting back on effective marketing strategies.
Question 3: Can you provide insights on the slowing billing growth in Naukri?
Answer: We've seen a moderation in growth primarily in IT services and consultancy sectors, while GCCs and tech sectors perform better. Overall, Q1 presented challenges due to an uncertain macro environment, with companies deferring hiring. We achieved a billing growth of only 9%, whereas GCCs maintained around 17%. Generally, the slowdown is felt across several segments, not solely in IT.
Question 4: How are your advertising expenses affected by growth fluctuations?
Answer: Advertising spend in Naukri doesn't necessarily increase with slowing growth because there's still a robust job seeker base. Instead, we will spend strategically on burgeoning sectors. In 99acres and Jeevansathi, we'll maintain high investments to stay competitive. We've also adjusted our marketing spends based on campaign effectiveness and market dynamics.
Question 5: What impact is AI having on your business models, particularly in Shiksha?
Answer: While Shiksha sees some headwinds from AI, Naukri and 99acres have remained largely unaffected. We're proactively leveraging AI within our platforms, improving search and user experiences. As AI models evolve, we will continue to adjust accordingly but at this point, the impact hasn't significantly disrupted our primary revenue streams.
Question 6: Given recent performance, how are you navigating pricing actions?
Answer: Pricing raises become challenging in softer markets. We're assessing conditions continuously; if demand strengthens, we would look to adjust prices positively. However, during weaker periods, it's essential to maintain competitive pricing, especially for our core services like Naukri. We're holding steady on our pricing strategy while monitoring market dynamics closely.
These encapsulate the major inquiries and responses from the Q&A section of the earnings call, emphasizing operational performance and market strategy adaptations amid changing economic landscapes.
Analysis of Info Edge(India)'s financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Sep 30, 2025
| Description | Share | Value |
|---|---|---|
| Recruitment Solutions | 72.2% | 581.6 Cr |
| 99acres for real estate | 14.3% | 115.1 Cr |
| Others | 13.5% | 108.8 Cr |
| Total | 805.5 Cr |
Understand Info Edge(India) ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Sanjeev Bikhchandani | 24.15% |
| Sanjeev Bikhchandani & Hitesh Oberoi (Endeavour Holding Trust) | 6.22% |
| Hitesh Oberoi | 4.94% |
| Icici Prudential Focus Equity Fund | 3.98% |
| Life Insurance Corporation Of India - P & Gs Fund | 3.75% |
| Nalanda India Equity Fund Limited | 2.83% |
| Government of Singapore | 2.53% |
| Anil Lall | 2.42% |
| Uti Flexi Cap Fund | 1.97% |
| Kapil Kapoor | 1.78% |
| Axis Elss Tax Saver Fund | 1.55% |
| Surabhi Motihar Bikhchandani | 1.15% |
| Dayawanti Bikhchandani | 1.13% |
| Nps Trust A/C Uti Pension Fund Limited-Scheme State Govt | 1.12% |
| Ambarish Raghuvanshi | 1.05% |
| Independent Directors and their relatives | 0.08% |
| Rimy Oberoi | 0% |
| Suresh Kumar Oberai | 0% |
| Meera Oberai | 0% |
| Misha Oberoi | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of Info Edge(India) against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| INDIAMART | IndiaMART InterMESH | 13.33 kCr | 1.73 kCr | -3.80% | -1.10% | 24.75 | 7.71 | - | - |
| JUSTDIAL | Just Dial | 6.2 kCr | 1.56 kCr | -2.70% | -27.30% | 10.92 | 3.97 | - | - |
| QUESS | Quess Corp | 3.23 kCr | 16.69 kCr | +3.10% | -67.10% | 36.9 | 0.19 | - | - |
| TEAMLEASE | TeamLease Services | 2.64 kCr | 11.74 kCr | -6.80% | -45.90% | 22.44 | 0.22 | - | - |
| MATRIMONY | Matrimony.com | 1.14 kCr | 480.48 Cr | +6.80% | -20.60% | 33.44 | 2.37 | - | - |
| HTMEDIA | HT Media | 536.31 Cr | 2.07 kCr | -6.30% | +0.40% | 30.32 | 0.26 | - | - |
Info Edge (India) is a prominent Internet and Catalogue Retail company, identified by the stock ticker NAUKRI. With a substantial market capitalization of Rs. 90,417.2 Crores, the company focuses on online classifieds in several key areas, including recruitment, matrimony, real estate, and education, serving customers in India and internationally.
The company operates through various segments, notably Recruitment Solutions, 99acres, and others. It offers recruitment services primarily through:
In addition to recruitment, Info Edge operates several other brands, including:
The real estate portal 99acres.com facilitates property listings for sale, purchase, and rent. Jeevansathi.com serves as an online matrimonial platform, while shiksha.com offers classified information on educational options, including careers, exams, colleges, and courses. The company also runs aisle.co, a platform supported by various dating apps.
Beyond classifieds, Info Edge provides:
Moreover, the company acts as an investment adviser and manager, offering consulting services and advertising solutions for educational institutions.
Established in 1995 and headquartered in Noida, India, Info Edge (India) has reported a trailing 12-month revenue of Rs. 3,461.1 Crores. It consistently distributes dividends to its investors, currently presenting a dividend yield of 0.07% per year, with a dividend payout of Rs. 4.8 per share over the last year.
Despite having diluted shareholder holdings by 0.6% in the past three years, Info Edge remains a profitable entity, posting a profit of Rs. 720 Crores in the recent four quarters and achieving a remarkable revenue growth of 105.6% over the same period.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.