Retailing
Info Edge (India) is an Internet & Catalogue Retail company, identified by the stock ticker NAUKRI. The company has a significant market capitalization of Rs.88,555.8 crores.
Operating primarily as an online classifieds platform, Info Edge deals with multiple areas including recruitment, matrimony, real estate, and education, both in India and internationally. The company segments its operations into Recruitment Solutions, 99acres, and other related services.
In the recruitment sector, Info Edge runs several platforms:
Additionally, the company operates brands such as iimjobs.com, hirist.com, doselect.com, ambitionbox.com, bigshyft.com, and jobhai.com.
In the real estate segment, 99acres.com is the company's dedicated platform for property listings for sale, purchase, and rent. Info Edge also offers Jeevansathi.com, an online matrimonial service, and shiksha.com, an education classified website that guides students in their academic decisions. They also operate aisle.co, a dating platform supported by several apps including Arike, Anbe, Neetho, Neene, and Jalebi.
The company provides various IT-related services including:
Moreover, Info Edge functions as an investment adviser, financial consultant, and sponsors alternative investment funds. They also offer advertising solutions for colleges and universities.
Founded in 1995, Info Edge is headquartered in Noida, India. The company recorded a trailing 12-month revenue of Rs.3,461.1 crores and offers dividends to its investors, currently yielding 0.35% per year, with a recent payout of Rs.24 per share.
Notably, the company has diluted its shareholders by 0.6% over the past three years while still maintaining profitability, posting a profit of Rs.720 crores in the last four quarters. With a robust revenue growth of 105.6% over the last three years, Info Edge (India) continues to be a strong player in its industry.
Analysis of Info Edge(India)'s financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2024
Description | Share | Value |
---|---|---|
Recruitment Solutions | 73.0% | 527 Cr |
99acres for real estate | 14.4% | 104.2 Cr |
Others | 12.6% | 91.2 Cr |
Total | 722.4 Cr |
Profitability: Very strong Profitability. One year profit margin are 21%.
Smart Money: Smart money has been increasing their position in the stock.
Size: It is among the top 200 market size companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Growth: Awesome revenue growth! Revenue grew 49.8% over last year and 105.6% in last three years on TTM basis.
Balance Sheet: Strong Balance Sheet.
Momentum: Stock has a weak negative price momentum.
Comprehensive comparison against sector averages
NAUKRI metrics compared to Retailing
Category | NAUKRI | Retailing |
---|---|---|
PE | 126.61 | 747.36 |
PS | 26.34 | 5.17 |
Growth | 49.8 % | 13.5 % |
NAUKRI vs Retailing (2021 - 2025)
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 | 24.18% |
Sanjeev Bikhchandani & Hitesh Oberoi n (Endeavour Holding Trust) | 6.22% |
Hitesh Oberoi | 4.94% |
Life Insurance Corporation Of India | 4% |
Nalanda India Equity Fund Limited | 2.83% |
Anil Lall | 2.42% |
Government Of Singapore | 2.33% |
Uti Flexi Cap Fund | 2.03% |
Government Pension Fund Global | 1.98% |
ICICI Prudential Focus Equity Fund | 1.9% |
Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Bluechip Fund | 1.81% |
Kapil Kapoor | 1.78% |
First Sentier Investors Icvc - Stewart Investors Asia Pacific Leaders Sustainability Fund | 1.3% |
Surabhi Motihar Bikhchandani | 1.15% |
Nippon Life India Trustee Ltd-A/C Nippon India Growth Fund | 1.14% |
Dayawanti Bikhchandani | 1.13% |
Ambarish Raghuvanshi | 1.05% |
Distribution across major stakeholders
Distribution across major institutional holders
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: Feb 25
Management Outlook and Key Points:
1. Recruitment Business:
2. Real Estate (99Acres):
3. Matrimony (Jeevansathi):
4. Education (Shiksha):
5. AI Initiatives:
6. Financial Strategy:
Outlook:
Last updated: Feb 25
Q1: Vijit Jain (Citi): "Looking at the data on billings between IT and non-IT recruitment firms, recruitment consultants appear to be trailing. Should this business recover meaningfully? Also, is customer base growth benefiting from new city expansions?"
A1: Recovery in IT-linked recruitment firms depends on IT hiring momentum, currently driven by replacement hiring and campus recruitment. Customer growth reflects broader economic expansion, new office openings, and online inquiry conversions, though the market remains moderate.
Q2: Sachin Salgaonkar (BoFA): "Can 99Acres sustain margin improvements? What is the steady-state margin outlook? How will AI impact revenue vs. cost efficiency?"
A2: 99Acres' margin gains stem from rational competition, efficient marketing, and controlled costs. Steady-state margins could mirror Naukri's (~93% gross) with stable demand. AI drives efficiency in existing offerings (e.g., search algorithms) but new AI products' revenue impact is uncertain.
Q3: Vivekanand (Ambit): "Could AI disrupt traditional recruitment billing models? What is the deployment status of the new Rs.1,000 crore AIF?"
A3: AI poses disruption risks if not leveraged effectively, but Info Edge invests in AI-driven enhancements (e.g., search efficiency). The new AIF focuses on early-stage tech startups, continuing prior strategies. Exits are long-term; capital recycling occurs via follow-on investments, not immediate divestments.
Q4: Ankur Rudra (JPM): "What drove IT billings growth (GCCs vs. IT firms)? Any price hikes planned?"
A4: IT billings growth (16% YoY) included GCCs and IT firms, with GCCs showing faster momentum. Price hikes depend on market heat; current focus is customer acquisition and penetration in adjacent verticals.
Q5: Nikhil Chaudhary (Nuvama): "Why does Jobspeak data differ from billing trends? How are non-recruitment margins managed?"
A5: Jobspeak reflects core platform activity, while billings include niche/adjacent businesses (e.g., Gulf, Hirist). Non-recruitment margins prioritize growth investments (e.g., 99Acres' new launches, Shiksha's domestic focus) over short-term profitability.
Q6: Abhisek Banerjee (ICICI): "What caused the Rs.60 crore exceptional loss? How does AI impact hiring efficiency?"
A6: The loss stemmed from impairing Coding Ninjas (Edtech valuation correction). AI improves recruiter/job-seeker productivity (e.g., 10"“20% engagement gains) but doesn't directly raise prices; revenue relies on gross hiring, not net job changes.
Q7: Amit Chandra (HDFC): "What is JobHai/AmbitionBox's revenue contribution? Why is 99Acres underperforming in new launches?"
A7: JobHai/AmbitionBox contribute <Rs.25 crore annually but are strategic. 99Acres excels in resale/rental markets but struggles with new launches (dominated by digital ads on Facebook/Google).
Q8: Hulash Goyal: "What drove 99Acres' profitability improvement?"
A8: Operating leverage, controlled headcount, and efficient marketing (lower spend with higher lead generation) boosted margins.
Q9: Salil Desai: "Why was Coding Ninjas impaired despite operational performance?"
A9: Impairment followed conservative valuation adjustments amid sector-wide Edtech corrections, despite the company's 30% growth and reduced cash burn.
Q10: Nithin Jain (UTI AMC): "Any new business lines? Do iimjobs/Hirist cannibalize Naukri?"
A10: No immediate plans for new segments. iimjobs (premium MBA), Hirist (tech roles), and JobHai (blue-collar) target distinct markets, minimizing overlap.
Investor Care | |
---|---|
Dividend Yield | 0.07% |
Dividend/Share (TTM) | 4.8 |
Shares Dilution (1Y) | 0.15% |
Diluted EPS (TTM) | 43.06 |
Financial Health | |
---|---|
Current Ratio | 3.23 |
Debt/Equity | 0 |
Debt/Cashflow | 271.89 |
Valuation | |
---|---|
Market Cap | 90.42 kCr |
Price/Earnings (Trailing) | 125.58 |
Price/Sales (Trailing) | 26.12 |
EV/EBITDA | 55.84 |
Price/Free Cashflow | 147.25 |
MarketCap/EBT | 60.78 |
Fundamentals | |
---|---|
Revenue (TTM) | 3.46 kCr |
Rev. Growth (Yr) | 37.84% |
Rev. Growth (Qtr) | -0.60% |
Earnings (TTM) | 719.97 Cr |
Earnings Growth (Yr) | 141.46% |
Earnings Growth (Qtr) | 240.38% |
Profitability | |
---|---|
Operating Margin | 44.15% |
EBT Margin | 42.98% |
Return on Equity | 1.66% |
Return on Assets | 1.43% |
Free Cashflow Yield | 0.68% |
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 |
---|---|---|---|---|---|---|---|---|---|
JUSTDIAL | Just DialInternet & Catalogue Retail | 7.99 kCr | 1.49 kCr | +15.19% | -11.94% | 14.73 | 5.35 | +15.36% | +63.83% |
QUESS | Quess CorpDiversified Commercial Services | 5.01 kCr | 20.64 kCr | -48.26% | -47.26% | 12.9 | 0.24 | +10.62% | +82.55% |
TEAMLEASE | TeamLease ServicesDiversified Commercial Services | 3.22 kCr | 10.77 kCr | +6.21% | -40.84% | 32.01 | 0.3 | +20.19% | -7.51% |
MATRIMONY | Matrimony.comInternet & Catalogue Retail | 1.09 kCr | 496.05 Cr | -1.44% | -11.36% | 22.23 | 2.19 | -1.06% | -0.77% |
HTMEDIA | HT MediaPrint Media | 393.11 Cr | 1.96 kCr | +2.80% | -40.84% | -10.49 | 0.2 | +6.00% | +66.48% |
Updated Apr 28, 2025
The stock has dropped by 25% so far in 2025, raising concerns among investors.
Info Edge's shares have declined by 27% from their peak, largely due to its investments in Eternal Ltd and PB Fintech Ltd.
The overall sentiment remains cautious due to ongoing negative momentum indicated by technical analysis.
Info Edge reported a 19% year-on-year rise in standalone billings for Q4 FY25, highlighting strong financial performance.
The company aims to increase market liquidity through its first-ever stock split since its listing in 2006.
Despite the recent fluctuations, Info Edge's stock has outperformed the BSE Sensex, providing an 8% return over the last year.
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.