Info Edge (India) Ltd

₹ 4,056 0.34%
05 Dec - 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 52,403 Cr.
  • Current Price 4,056
  • High / Low 5,868 / 3,313
  • Stock P/E 17.6
  • Book Value 1,104
  • Dividend Yield 0.32 %
  • ROCE 24.3 %
  • ROE 21.8 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 121% CAGR over last 5 years

Cons

  • Stock is trading at 3.68 times its book value
  • Tax rate seems low
  • Company has a low return on equity of 13.1% over last 3 years.
  • Earnings include an other income of Rs.5,952 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
330 335 328 285 261 278 301 327 364 421 473 547 604
429 383 373 181 307 304 269 325 329 304 402 519 558
Operating Profit -99 -48 -45 104 -47 -27 32 3 35 117 71 29 47
OPM % -30% -14% -14% 36% -18% -10% 10% 1% 10% 28% 15% 5% 8%
30 25 206 33 403 738 413 203 8,315 4,801 701 327 123
Interest 2 2 2 2 1 1 1 1 1 1 1 1 3
Depreciation 12 13 13 13 13 12 11 12 13 11 12 15 17
Profit before tax -84 -38 146 123 342 697 432 193 8,336 4,905 760 339 149
Tax % -33% -63% 19% 24% 4% 3% 28% 19% 12% 6% 5% 14% 37%
Net Profit -112 -62 119 94 328 679 311 155 7,369 4,633 720 292 94
EPS in Rs -8.94 -4.89 9.72 7.64 25.51 52.82 23.97 11.83 572.37 357.33 48.83 13.87 7.99
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
322 392 472 567 732 748 888 988 1,151 1,312 1,128 1,589 2,046
244 282 351 471 711 656 896 769 1,142 1,662 1,054 1,143 1,782
Operating Profit 78 110 121 97 21 91 -9 219 9 -350 74 446 263
OPM % 24% 28% 26% 17% 3% 12% -1% 22% 1% -27% 7% 28% 13%
38 59 24 48 89 111 50 401 737 286 1,584 13,810 5,952
Interest 2 2 3 3 4 3 4 5 7 14 11 11 7
Depreciation 8 8 12 21 47 24 33 30 22 48 45 45 55
Profit before tax 106 158 130 120 60 175 5 585 716 -126 1,602 14,200 6,154
Tax % 38% 34% 41% 49% 124% 33% 935% 14% 17% -95% 12% 9%
Net Profit 65 106 76 60 -14 118 -43 501 592 -246 1,418 12,882 5,739
EPS in Rs 5.78 9.46 8.39 8.21 2.00 11.21 -1.95 42.05 49.43 -19.39 109.98 990.77 428.02
Dividend Payout % 6% 5% 12% 30% 150% 27% -230% 13% 12% -31% 7% 1%
Compounded Sales Growth
10 Years: 15%
5 Years: 12%
3 Years: 11%
TTM: 61%
Compounded Profit Growth
10 Years: 38%
5 Years: 121%
3 Years: 228%
TTM: 1939%
Stock Price CAGR
10 Years: 27%
5 Years: 27%
3 Years: 18%
1 Year: -28%
Return on Equity
10 Years: 11%
5 Years: 12%
3 Years: 13%
Last Year: 22%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
55 55 109 109 120 121 121 122 122 122 129 129 129
Reserves 381 473 499 563 1,295 1,422 1,471 1,923 2,421 2,073 5,267 17,113 14,108
1 1 1 1 1 1 1 1 1 77 65 64 136
151 182 216 387 801 382 459 550 646 621 831 3,177 3,049
Total Liabilities 587 710 825 1,060 2,217 1,925 2,053 2,596 3,189 2,893 6,292 20,483 17,421
59 55 152 149 576 82 157 88 88 242 134 1,033 1,105
CWIP 9 9 10 10 12 0 1 0 2 0 0 0 0
Investments 263 315 261 538 1,175 568 551 1,565 1,204 1,133 2,324 15,614 12,565
256 331 402 363 455 1,276 1,343 943 1,895 1,518 3,834 3,836 3,751
Total Assets 587 710 825 1,060 2,217 1,925 2,053 2,596 3,189 2,893 6,292 20,483 17,421

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
104 101 75 81 51 78 213 253 276 350 276 707
-173 -18 -46 -204 -1,051 -2 -165 -149 -59 97 -2,043 -1,177
-2 -5 -12 130 1,025 -66 -42 -75 -78 -143 1,880 35
Net Cash Flow -71 78 16 7 25 11 7 29 138 304 113 -435

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 17 8 7 6 12 6 4 2 2 3 2 7
Inventory Days
Days Payable
Cash Conversion Cycle 17 8 7 6 12 6 4 2 2 3 2 7
Working Capital Days -139 -151 -136 -138 -151 242 185 -27 218 33 588 355
ROCE % 25% 32% 26% 18% 2% 14% 3% 15% 4% -13% 4% 24%

Shareholding Pattern

Numbers in percentages

21 recently
Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
40.48 40.48 40.37 38.47 38.47 38.41 38.41 38.40 38.40 38.17 38.11 38.11
36.12 35.45 37.01 39.16 40.54 39.33 37.74 37.77 36.37 33.99 32.72 31.81
12.92 13.38 12.57 12.83 11.40 11.25 13.26 13.61 14.36 15.66 16.37 16.50
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.37
10.26 10.48 9.85 9.39 9.48 10.81 10.41 10.11 10.78 12.12 12.59 13.03
0.23 0.21 0.20 0.15 0.11 0.20 0.17 0.11 0.08 0.06 0.20 0.17

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

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

Documents

Concalls