Info Edge (India) Ltd

Info Edge (India) Ltd

₹ 7,515 -1.44%
21 Nov - close price
About

Info Edge is India’s premier online classified company with a portfolio of brands. It owns various brands in different fields like naukri.com (online recruitment), 99acres.com (online real estate), jeevansathi.com (online matrimonial) as well as shiksha.com (online education information services). It also acts as an investor and has invested in many start-ups in the online space and is actively growing its investment portfolio. [1]

Key Points

Recruitment: Naukri.com (74%)
The company's largest business is online recruitment run under naukri.com accounts for ~80% of traffic share. With 82 Mn resumes and 70 k Job Seekers availed premium services with 72100 unique clients Based on IND-AS revenue with a continued focus on new product launches (like Talent Pulse, Enterprise Resdex, etc.) [1] [2] [3]

  • Market Cap 97,500 Cr.
  • Current Price 7,515
  • High / Low 8,472 / 4,520
  • Stock P/E 202
  • Book Value 3,225
  • Dividend Yield 0.29 %
  • ROCE 3.65 %
  • ROE 2.44 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 49.9% CAGR over last 5 years
  • Company's working capital requirements have reduced from 218 days to 137 days

Cons

  • Company has a low return on equity of 5.68% over last 3 years.
  • Earnings include an other income of Rs.560 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
364 421 473 547 604 590 605 626 626 627 657 677 701
329 304 402 519 558 435 497 445 496 444 453 467 547
Operating Profit 35 117 71 29 47 155 107 181 130 183 204 210 154
OPM % 10% 28% 15% 5% 8% 26% 18% 29% 21% 29% 31% 31% 22%
8,315 4,801 701 327 123 -34 -533 64 212 38 -11 154 379
Interest 1 1 1 1 3 1 1 4 8 5 6 6 6
Depreciation 13 11 12 15 17 20 20 24 26 26 26 26 27
Profit before tax 8,336 4,905 760 339 149 99 -447 217 308 190 162 332 500
Tax % 12% 6% 5% 14% 37% 53% 13% 32% 22% 37% 46% 22% 83%
7,369 4,633 720 292 94 46 -503 147 240 119 88 259 85
EPS in Rs 572.37 357.33 48.83 13.87 7.99 -9.02 -21.12 12.28 15.88 11.68 4.67 18.00 1.79
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
472 567 732 748 888 988 1,151 1,312 1,128 1,589 2,346 2,536 2,662
351 471 711 656 896 769 1,142 1,662 1,054 1,143 1,997 1,825 1,911
Operating Profit 121 97 21 91 -9 219 9 -350 74 446 348 711 751
OPM % 26% 17% 3% 12% -1% 22% 1% -27% 7% 28% 15% 28% 28%
24 48 89 111 50 401 737 286 1,584 13,810 -116 303 560
Interest 3 3 4 3 4 5 7 14 11 11 18 35 22
Depreciation 12 21 47 24 33 30 22 48 45 45 73 101 104
Profit before tax 130 120 60 175 5 585 716 -126 1,602 14,200 141 878 1,185
Tax % 41% 49% 124% 33% 935% 14% 17% 95% 12% 9% 150% 32%
76 60 -14 118 -43 501 592 -246 1,418 12,882 -70 595 551
EPS in Rs 8.39 8.21 2.00 11.21 -1.95 42.05 49.43 -19.39 109.98 990.77 -8.31 44.46 36.14
Dividend Payout % 12% 30% 150% 27% -230% 13% 12% -31% 7% 1% -228% 49%
Compounded Sales Growth
10 Years: 16%
5 Years: 17%
3 Years: 31%
TTM: 9%
Compounded Profit Growth
10 Years: 25%
5 Years: 50%
3 Years: 61%
TTM: -2%
Stock Price CAGR
10 Years: 23%
5 Years: 24%
3 Years: 7%
1 Year: 59%
Return on Equity
10 Years: 5%
5 Years: 5%
3 Years: 6%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 109 109 120 121 121 122 122 122 129 129 129 129 129
Reserves 499 563 1,295 1,422 1,471 1,923 2,421 2,073 5,267 17,113 13,269 30,133 41,659
1 1 1 1 1 1 1 77 65 64 108 246 256
216 387 801 382 459 550 646 621 831 3,177 3,153 5,581 8,141
Total Liabilities 825 1,060 2,217 1,925 2,053 2,596 3,189 2,893 6,292 20,483 16,658 36,089 50,186
152 149 576 82 157 88 88 242 134 1,033 801 810 811
CWIP 10 10 12 0 1 0 2 0 0 0 4 0 0
Investments 261 538 1,175 568 551 1,565 1,204 1,133 2,324 15,614 12,403 31,203 45,320
402 363 455 1,276 1,343 943 1,895 1,518 3,834 3,836 3,450 4,077 4,055
Total Assets 825 1,060 2,217 1,925 2,053 2,596 3,189 2,893 6,292 20,483 16,658 36,089 50,186

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
75 81 51 78 213 253 276 350 276 707 512 702
-46 -204 -1,051 -2 -165 -149 -59 97 -2,043 -1,177 -358 -852
-12 130 1,025 -66 -42 -75 -78 -143 1,880 35 2 120
Net Cash Flow 16 7 25 11 7 29 138 304 113 -435 156 -29

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 7 6 12 6 4 2 2 3 2 7 2 2
Inventory Days
Days Payable
Cash Conversion Cycle 7 6 12 6 4 2 2 3 2 7 2 2
Working Capital Days -136 -138 -151 242 185 -27 218 33 588 355 162 137
ROCE % 25% 16% 2% 12% 3% 15% 4% -13% 4% 23% 3% 4%

Shareholding Pattern

Numbers in percentages

70 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
38.40% 38.17% 38.11% 38.11% 38.05% 38.05% 38.05% 37.97% 37.90% 37.88% 37.88% 37.68%
36.37% 33.99% 32.72% 31.81% 31.88% 31.41% 31.54% 31.21% 30.47% 30.91% 32.14% 32.28%
14.36% 15.66% 16.37% 16.50% 16.81% 17.36% 17.82% 18.24% 19.46% 19.40% 18.68% 18.90%
0.00% 0.00% 0.00% 0.37% 0.37% 0.37% 0.37% 0.51% 0.58% 0.66% 0.68% 0.66%
10.78% 12.12% 12.59% 13.03% 12.69% 12.66% 12.09% 11.98% 11.38% 10.95% 10.46% 10.26%
0.08% 0.06% 0.20% 0.17% 0.20% 0.13% 0.13% 0.08% 0.21% 0.20% 0.16% 0.22%
No. of Shareholders 2,41,6903,35,3573,60,2473,57,8813,35,1143,29,9922,95,1592,66,6402,38,1492,09,4511,86,7201,86,599

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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