Info Edge (India) Ltd

Info Edge (India) Ltd

₹ 5,712 -0.10%
19 Apr - 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 73,906 Cr.
  • Current Price 5,712
  • High / Low 6,355 / 3,592
  • Stock P/E 350
  • Book Value 1,524
  • Dividend Yield 0.33 %
  • ROCE 2.76 %
  • ROE -1.64 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 3.75 times its book value
  • Company has a low return on equity of 7.72% over last 3 years.

* 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

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
278 301 327 364 421 473 547 604 590 605 626 626 627
304 269 325 329 304 402 519 558 435 497 445 496 444
Operating Profit -27 32 3 35 117 71 29 47 155 107 181 130 183
OPM % -10% 10% 1% 10% 28% 15% 5% 8% 26% 18% 29% 21% 29%
738 413 203 8,315 4,801 701 327 123 -34 -533 64 212 38
Interest 1 1 1 1 1 1 1 3 1 1 4 8 5
Depreciation 12 11 12 13 11 12 15 17 20 20 24 26 26
Profit before tax 697 432 193 8,336 4,905 760 339 149 99 -447 217 308 190
Tax % 3% 28% 19% 12% 6% 5% 14% 37% 53% -13% 32% 22% 37%
679 311 155 7,369 4,633 720 292 94 46 -503 147 240 119
EPS in Rs 52.82 23.97 11.83 572.37 357.33 48.83 13.87 7.99 -9.02 -21.12 12.28 15.88 11.68
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
392 472 567 732 748 888 988 1,151 1,312 1,128 1,589 2,346 2,484
282 351 471 711 656 896 769 1,142 1,662 1,054 1,143 1,997 1,883
Operating Profit 110 121 97 21 91 -9 219 9 -350 74 446 348 601
OPM % 28% 26% 17% 3% 12% -1% 22% 1% -27% 7% 28% 15% 24%
59 24 48 89 111 50 401 737 286 1,584 13,810 -116 -219
Interest 2 3 3 4 3 4 5 7 14 11 11 18 18
Depreciation 8 12 21 47 24 33 30 22 48 45 45 73 96
Profit before tax 158 130 120 60 175 5 585 716 -126 1,602 14,200 141 269
Tax % 34% 41% 49% 124% 33% 935% 14% 17% -95% 12% 9% 150%
106 76 60 -14 118 -43 501 592 -246 1,418 12,882 -70 3
EPS in Rs 9.46 8.39 8.21 2.00 11.21 -1.95 42.05 49.43 -19.39 109.98 990.77 -8.31 18.72
Dividend Payout % 5% 12% 30% 150% 27% -230% 13% 12% -31% 7% 1% -228%
Compounded Sales Growth
10 Years: 17%
5 Years: 19%
3 Years: 21%
TTM: 12%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 6%
TTM: -77%
Stock Price CAGR
10 Years: 26%
5 Years: 25%
3 Years: 6%
1 Year: 57%
Return on Equity
10 Years: 6%
5 Years: 6%
3 Years: 8%
Last Year: -2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 55 109 109 120 121 121 122 122 122 129 129 129 129
Reserves 473 499 563 1,295 1,422 1,471 1,923 2,421 2,073 5,267 17,113 13,269 19,584
1 1 1 1 1 1 1 1 77 65 64 108 274
182 216 387 801 382 459 550 646 621 831 3,177 3,153 4,092
Total Liabilities 710 825 1,060 2,217 1,925 2,053 2,596 3,189 2,893 6,292 20,483 16,658 24,079
55 152 149 576 82 157 88 88 242 134 1,033 801 945
CWIP 9 10 10 12 0 1 0 2 0 0 0 4 0
Investments 315 261 538 1,175 568 551 1,565 1,204 1,133 2,324 15,614 12,403 19,385
331 402 363 455 1,276 1,343 943 1,895 1,518 3,834 3,836 3,450 3,749
Total Assets 710 825 1,060 2,217 1,925 2,053 2,596 3,189 2,893 6,292 20,483 16,658 24,079

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
101 75 81 51 78 213 253 276 350 276 707 521
-18 -46 -204 -1,051 -2 -165 -149 -59 97 -2,043 -1,177 -367
-5 -12 130 1,025 -66 -42 -75 -78 -143 1,880 35 2
Net Cash Flow 78 16 7 25 11 7 29 138 304 113 -435 156

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 8 7 6 12 6 4 2 2 3 2 7 2
Inventory Days
Days Payable
Cash Conversion Cycle 8 7 6 12 6 4 2 2 3 2 7 2
Working Capital Days -151 -136 -138 -151 242 185 -27 218 33 588 355 162
ROCE % 32% 25% 16% 2% 12% 3% 15% 4% -13% 4% 23% 3%

Shareholding Pattern

Numbers in percentages

19 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
38.41% 38.40% 38.40% 38.17% 38.11% 38.11% 38.05% 38.05% 38.05% 37.97% 37.90% 37.88%
37.74% 37.77% 36.37% 33.99% 32.72% 31.81% 31.88% 31.41% 31.54% 31.21% 30.47% 30.91%
13.26% 13.61% 14.36% 15.66% 16.37% 16.50% 16.81% 17.36% 17.82% 18.24% 19.46% 19.40%
0.00% 0.00% 0.00% 0.00% 0.00% 0.37% 0.37% 0.37% 0.37% 0.51% 0.58% 0.66%
10.41% 10.11% 10.78% 12.12% 12.59% 13.03% 12.69% 12.66% 12.09% 11.98% 11.38% 10.95%
0.17% 0.11% 0.08% 0.06% 0.20% 0.17% 0.20% 0.13% 0.13% 0.08% 0.21% 0.20%
No. of Shareholders 1,79,1541,78,2632,41,6903,35,3573,60,2473,57,8813,35,1143,29,9922,95,1592,66,6402,38,1492,09,451

* 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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