Price Target Changed • Aug 14
Price target increased by 7.0% to ₹1,457 Up from ₹1,362, the current price target is an average from 22 analysts. New target price is 8.6% above last closing price of ₹1,341. Stock is down 1.8% over the past year. The company is forecast to post earnings per share of ₹19.21 for next year compared to ₹22.39 last year. Reported Earnings • Aug 02
Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2026 results: EPS: ₹22.39 (up from ₹14.88 in FY 2025). Revenue: ₹32.8b (up 15% from FY 2025). Net income: ₹14.5b (up 51% from FY 2025). Profit margin: 44% (up from 34% in FY 2025). Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) missed analyst estimates by 72%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. 공고 • Jul 30
Info Edge (India) Limited to Report Q1, 2027 Results on Aug 10, 2026 Info Edge (India) Limited announced that they will report Q1, 2027 results on Aug 10, 2026 공고 • Jul 21
Info Edge (India) Limited Announces Cessation of Ashish Gupta from Director Role, Effective July 20, 2026 Info Edge (India) Limited announced that Mr. Ashish Gupta (DIN: 00521511) ceased to be a Director of the Company with effect from the close of business hours on July 20, 2026. The shareholders of the Company at their 26th Annual General Meeting held on August 27, 2021, approved the re-appointment of Mr. Ashish Gupta as an Independent Director of the Company, to hold office for a second term of 4 (four) consecutive years effective from July 21, 2022 to July 20, 2026. The reason for change was cessation on completion of tenure as an Independent Director. Upcoming Dividend • Jul 17
Upcoming dividend of ₹3.60 per share Eligible shareholders must have bought the stock before 24 July 2026. Payment date: 24 September 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.2%). Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹1,160, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 15x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 34% over the past three years. Declared Dividend • May 25
Dividend of ₹3.60 announced Shareholders will receive a dividend of ₹3.60. Ex-date: 24th July 2026 Payment date: 24th September 2026 Dividend yield will be 0.9%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 23
Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2026 results: EPS: ₹22.39 (up from ₹14.88 in FY 2025). Revenue: ₹32.8b (up 15% from FY 2025). Net income: ₹14.5b (up 51% from FY 2025). Profit margin: 44% (up from 34% in FY 2025). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) missed analyst estimates by 72%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. 공고 • May 23
Info Edge (India) Limited Recommends Final Dividend for the Financial Year Ended March 31, 2026, Payable on September 2, 2026 Info Edge (India) Limited announced that at the board meeting held on May 22, 2026, The Board has also recommended a Final Dividend of INR 3.60/- per equity share (on face value of INR 2/- per equity share) for the financial year ended March 31, 2026, subject to declaration of the same by the members at the 31 st Annual General Meeting of the Company. The Company has fixed July 24, 2026 as the Record Date for determining the entitlement of Members for the proposed Final Dividend. The dividend if approved, by the Members at the Annual General Meeting, would be paid, subject to deduction of tax at source on or after September 2, 2026. 공고 • May 22
Info Edge (India) Limited, Annual General Meeting, Aug 25, 2026 Info Edge (India) Limited, Annual General Meeting, Aug 25, 2026. Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹4.20 (vs ₹3.75 in 3Q 2025) Third quarter 2026 results: EPS: ₹4.20 (up from ₹3.75 in 3Q 2025). Revenue: ₹10.1b (up 39% from 3Q 2025). Net income: ₹2.72b (up 12% from 3Q 2025). Profit margin: 27% (down from 34% in 3Q 2025). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Board Change • Jan 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Sanjiv Sachar was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공고 • Jan 15
Info Edge (India) Limited Announces Resignation of Independent Director Arindam Kumar Bhattacharya, Effective January 15, 2026 Info Edge (India) Limited announced that Mr. Arindam Kumar Bhattacharya, Independent Director of the Company, has tendered his resignation as the Independent Director of the Company, with effect from close of business hours on January 15, 2026, due to personal reasons. Consequently, he shall also cease to be a member of the Audit Committee and Risk Management Committee of the Company. Mr. Arindam Kumar Bhattacharya held independent directorships in other companies, including Bajaj Housing Finance Limited, Bajaj Holdings & Investment Limited, and Bajaj Finance Limited, with various committee roles. Committee Position(s) in Listed Companies: Bajaj Housing Finance Limited (Member of Audit Committee and Review Committee for Wilful Defaulter, and Chairman of Nomination and Remuneration Committee, Risk Management Committee and IT Strategy Committee), Bajaj Holdings & Investment Limited (Member of Audit Committee, Nomination and Remuneration Committee and Risk Management Committee), Bajaj Finance Limited (Member of Audit Committee and Stakeholders’ Relationship Committee). Mr. Arindam Kumar Bhattacharya has confirmed that there are no other material reasons for his resignation other than those provided. Declared Dividend • Nov 14
First half dividend of ₹2.40 announced Shareholders will receive a dividend of ₹2.40. Ex-date: 21st November 2025 Payment date: 12th December 2025 Dividend yield will be 0.5%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by both earnings (29% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 6.6% over the next 3 years. However, it would need to fall by 67% to increase the payout ratio to a potentially unsustainable range. New Risk • Nov 13
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 9.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 9.0% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: ₹4.89 (vs ₹0.36 in 2Q 2025) Second quarter 2026 results: EPS: ₹4.89 (up from ₹0.36 in 2Q 2025). Revenue: ₹8.05b (up 15% from 2Q 2025). Net income: ₹3.16b (up ₹2.93b from 2Q 2025). Profit margin: 39% (up from 3.3% in 2Q 2025). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Board Change • Oct 21
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Sanjiv Sachar was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공고 • Aug 26
Info Edge (India) Limited Declares Final Dividend for the Fiscal Year 2025 Info Edge (India) Limited at its AGM held on August 25, 2025, declared a final dividend of INR 3.60 per equity share for Fiscal Year 2025. New Risk • Aug 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 95% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Aug 06
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: ₹14.88 (up from ₹8.92 in FY 2024). Revenue: ₹28.5b (up 12% from FY 2024). Net income: ₹9.62b (up 67% from FY 2024). Profit margin: 34% (up from 23% in FY 2024). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 137 percentage points per year, which is a significant difference in performance. 공고 • Jul 23
Info Edge (India) Limited to Report Q1, 2026 Results on Aug 08, 2025 Info Edge (India) Limited announced that they will report Q1, 2026 results on Aug 08, 2025 공고 • Jul 18
Hiveloop E-Commerce Private Limited signed a letter of intent to acquire 26.14% stake in ShopKirana E-Trading Private Limited from Info Edge (India) Limited (NSEI:NAUKRI). Hiveloop E-Commerce Private Limited signed a letter of intent to acquire 26.14% stake in ShopKirana E-Trading Private Limited from Info Edge (India) Limited (NSEI:NAUKRI) on July 18, 2025. The consideration consists of 16.87 million common equity of Hiveloop E-Commerce Private Limited to be issued for common equity of ShopKirana E-Trading Private Limited together with all benefits and rights of such Hiveloop E-Commerce Private Limited shares as issued to Info Edge (India) Limited being linked to 73,561 reference shares representing the notional reference shareholding of Info Edge (India) Limited at Trustroot Internet Private Limited level (valued at USD 314.3863 per Trustroot Internet Private Limited share aggregating to about USD 23.13 Million). The agreement for transfer shall be entered into within one week from the board’s approval.
As of March 31, 2025, ShopKirana E-Trading Private Limited reported total common equity of INR 230 million.
The transaction is subject to approval of merger agreement by target board. The deal has been approved by the board. Such transfer is subject to completion of various conditions precedent as mentioned in the agreements. The transfer pursuant to definitive agreement is subject to completion of conditions precedent and is expected to be completed by October 31, 2025, or a date as may be extended with mutual agreement in writing by the parties thereto. Upcoming Dividend • Jul 18
Upcoming dividend of ₹3.60 per share Eligible shareholders must have bought the stock before 25 July 2025. Payment date: 24 September 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.9%). 공고 • May 29
Info Edge (India) Limited Recommends Final Dividend for the Financial Year Ended March 31, 2025, Payable September 2, 2025 Info Edge (India) Limited in its Board of Directors meeting held on May 27, 2025, has recommended a Final Dividend of INR 3.60/- per equity share (on face value of INR 2/- per equity share) for the financial year ended March 31, 2025, subject to declaration of the same by the members at the 30th Annual General Meeting of the Company. The Company has fixed July 25, 2025 as the Record Date for determining the entitlement of Members for the proposed Final Dividend. The dividend if approved, by the Members at the Annual General Meeting, would be paid, subject to deduction of tax at source on or after September 2, 2025. Declared Dividend • May 29
Final dividend of ₹3.60 announced Shareholders will receive a dividend of ₹3.60. Ex-date: 25th July 2025 Payment date: 24th September 2025 Dividend yield will be 0.4%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 28
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: ₹14.88 (up from ₹8.92 in FY 2024). Revenue: ₹39.2b (up 55% from FY 2024). Net income: ₹9.62b (up 67% from FY 2024). Profit margin: 25% (up from 23% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 142 percentage points per year, which is a significant difference in performance. 공고 • May 27
Info Edge (India) Limited, Annual General Meeting, Aug 25, 2025 Info Edge (India) Limited, Annual General Meeting, Aug 25, 2025. Reported Earnings • Feb 06
Third quarter 2025 earnings released: EPS: ₹18.75 (vs ₹11.71 in 3Q 2024) Third quarter 2025 results: EPS: ₹18.75 (up from ₹11.71 in 3Q 2024). Revenue: ₹7.22b (up 15% from 3Q 2024). Net income: ₹2.43b (up 61% from 3Q 2024). Profit margin: 34% (up from 24% in 3Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 138 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Jan 07
Insider recently sold ₹14m worth of stock On the 31st of December, A. Raju sold around 2k shares on-market at roughly ₹8,600 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹347m. Insiders have been net sellers, collectively disposing of ₹3.3b more than they bought in the last 12 months. Recent Insider Transactions • Jan 02
Founder recently sold ₹347m worth of stock On the 27th of December, Sanjeev Bikhchandani sold around 40k shares on-market at roughly ₹8,669 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Sanjeev has been a net seller over the last 12 months, reducing personal holdings by ₹613m. 공고 • Dec 16
Info Edge (India) Limited Announces Cessation of Sharad Malik as an Independent Director Info Edge (India) Limited announced the cessation of Mr. Sharad Malik as an Independent Director of the Company w.e.f. the close of business hours on December 15, 2024. Recent Insider Transactions • Nov 28
Insider recently sold ₹1.8m worth of stock On the 25th of November, Shail Gaurav sold around 219 shares on-market at roughly ₹8,253 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹157m. Insiders have been net sellers, collectively disposing of ₹2.5b more than they bought in the last 12 months. Recent Insider Transactions • Nov 20
Insider recently sold ₹1.8m worth of stock On the 12th of November, Sumit Jaiswal sold around 224 shares on-market at roughly ₹7,873 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹301m. Insiders have been net sellers, collectively disposing of ₹2.5b more than they bought in the last 12 months. Declared Dividend • Nov 11
First half dividend increased to ₹12.00 Dividend of ₹12.00 is 20% higher than last year. Ex-date: 20th November 2024 Payment date: 8th December 2024 Dividend yield will be 0.3%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 125% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: ₹1.80 (vs ₹15.89 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.80 (down from ₹15.89 in 2Q 2024). Revenue: ₹7.01b (up 12% from 2Q 2024). Net income: ₹232.6m (down 89% from 2Q 2024). Profit margin: 3.3% (down from 33% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. 공고 • Sep 05
Info Edge (India) Limited Appoints Hoonar Janu as Senior Vice President and Head of Public Policy and Senior Management Personnel, Effective September 09, 2024 Info Edge (India) Limited informed that basis recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company on September 05, 2024, approved the appointment of Mr. Hoonar Janu as Senior Vice President and Head of Public Policy and Senior Management Personnel, with effect from September 09, 2024. Mr. Hoonar Janu is a seasoned tech business strategy and policy professional with more than 14 years of experience of leading large multinational and government programs. He has led projects across government relations, public policy and public affairs with global tech firms and with the Government of India. As a management
consultant, he has led client relationships and digital transformation projects across the globe. Mr. Hoonar Janu began his journey with EXL, then worked with Invest India and led National Single Window - a digital project of national importance before joining Google India as Manager, Government Affairs and Public Policy. 공고 • Aug 29
Info Edge (India) Limited Approves Final Dividend for the Financial Year 2023-24 Info Edge (India) Limited at its AGM held on August 28, 2024 approved approved final dividend of INR 12/- per equity share for the Financial Year 2023-24. Recent Insider Transactions • Aug 18
Insider recently sold ₹2.9m worth of stock On the 14th of August, Shantanu Mathur sold around 400 shares on-market at roughly ₹7,205 per share. This transaction amounted to 8.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹27m. Insiders have been net sellers, collectively disposing of ₹879m more than they bought in the last 12 months. Price Target Changed • Aug 12
Price target increased by 11% to ₹7,071 Up from ₹6,355, the current price target is an average from 22 analysts. New target price is approximately in line with last closing price of ₹7,173. Stock is up 67% over the past year. The company is forecast to post earnings per share of ₹76.73 for next year compared to ₹44.58 last year. 공고 • Aug 09
Info Edge (India) Limited Approves Executive and Committee Changes Info Edge (India) Limited approved the: a) Appointment of Mr. Aayush Rathi as Senior Vice President - Revenue Growth Strategy in Revenue Growth Naukri and Senior Management Personnel of the Company with effect from August 12, 2024; Details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are given as Annexure-IV . Considered and approved the re-constitution of Audit Committee: The revised composition of the Audit Committee with effect from September 01, 2024, shall be as under: Name of the Member: Mr. Sanjiv Sachar:Independent Director:Chairman. Mr. Arindam Kumar Bhattacharya: Independent Director: Member. Mr. Sharad Malik: Independent Director: Member. Ms. Geeta Mathur: Independent Director: Member. Brief profile: Mr. Aayush Rathi is a Strategic Growth leader
having 11 years of experience in driving revenue and operational excellence across diverse sectors. Mr. Rathi is skilled at leveraging data-driven insights and innovative strategies for sustainable growth. Mr. Rathi began his journey with the Boston Consulting Group and co-founded Roobaroo Walks, before joining Unacademy. Mr. Aayush Rathi is not related to any Director of the Company. Reported Earnings • Aug 07
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₹44.59 (up from ₹8.34 loss in FY 2023). Revenue: ₹25.4b (up 8.1% from FY 2023). Net income: ₹5.75b (up ₹6.83b from FY 2023). Profit margin: 23% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Jul 22
Upcoming dividend of ₹12.00 per share Eligible shareholders must have bought the stock before 29 July 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.9%). 공고 • Jul 21
Info Edge (India) Limited to Report Q1, 2025 Results on Aug 09, 2024 Info Edge (India) Limited announced that they will report Q1, 2025 results on Aug 09, 2024 공고 • Jul 09
Info Edge (India) Limited Announces Resignation of Joseph John as Co-Founder and Business Head, Zwayam Business Info Edge (India) Limited announced that Mr. Joseph John, Co-founder and Business Head, Zwayam Business and Senior Management Personnel (SMP) of the Company, as per Regulation 16(1)(d) of SEBI Listing Regulations, has resigned from the services of the Company on July 9, 2024, for personal reasons, as per his resignation letter. His last working day in the Company would be August 9, 2024, subject to service rules of the Company. Recent Insider Transactions • Jun 26
Insider recently sold ₹20m worth of stock On the 24th of June, Amit Singh sold around 3k shares on-market at roughly ₹6,537 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹732m more than they bought in the last 12 months. Recent Insider Transactions • Jun 13
Insider recently sold ₹3.8m worth of stock On the 6th of June, Nimish Kulshrestha sold around 626 shares on-market at roughly ₹6,093 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹11m. Insiders have been net sellers, collectively disposing of ₹696m more than they bought in the last 12 months. Price Target Changed • Jun 04
Price target increased by 7.5% to ₹6,143 Up from ₹5,712, the current price target is an average from 23 analysts. New target price is 9.2% above last closing price of ₹5,624. Stock is up 37% over the past year. The company is forecast to post earnings per share of ₹75.38 for next year compared to ₹44.58 last year. Declared Dividend • May 18
Final dividend increased to ₹12.00 Dividend of ₹12.00 is 33% higher than last year. Ex-date: 29th July 2024 Payment date: 27th September 2024 Dividend yield will be 0.4%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 36% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 108% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공고 • May 18
Info Edge (India) Limited, Annual General Meeting, Aug 28, 2024 Info Edge (India) Limited, Annual General Meeting, Aug 28, 2024. Reported Earnings • May 17
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₹44.58 (up from ₹8.34 loss in FY 2023). Revenue: ₹25.4b (up 8.1% from FY 2023). Net income: ₹5.75b (up ₹6.83b from FY 2023). Profit margin: 23% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. 공고 • May 17
Info Edge (India) Limited Recommends Final Dividend for the Financial Year 2023-2024, Payable on or After September 5, 2024 Info Edge (India) Limited announced that at its board meeting held on May 16, 2024, the board has recommended a final dividend of INR 12 per share (on face value of INR 10 per share) for the financial year 2023-2024 subject to declaration of the same by the members at the 29th Annual General Meeting of the Company. Record date for the purpose of determining the name of the members eligible for receipt of the final dividend will be July 29, 2024. Accordingly, shareholders whose name appear (a) as Beneficial owners as on July 29, 2024 (close of business hours) as per the list to be furnished by the Depositories in respect of shares held in electronic form, and (b) as members in register of members of the company as on July 29, 2024 (close of business hours) would be entitled for the said dividend pay-out. The dividend if approved by the shareholders at the Annual General Meeting would be paid, subject to deduction of tax at source on or after September 5, 2024. 공고 • Apr 09
Info Edge (India) Limited Appoints Kapil Chaudhary as General Counsel, Legal, with Effect from April 10, 2024 Info Edge (India) Limited appointed Kapil Chaudhary as General Counsel, Legal, with effect from April 10, 2024. Mr. Amitendra Singh Antal, Senior Vice President, Legal, presently identified as SMP, will report in to Mr. Kapil Chaudhary effective April 10, 2024. Therefore, pursuant to the said change in reporting matrix, Mr. Chaudhary will be the new SMP. Date of appointment is April 10, 2024 Mr. Kapil Chaudhary is a legal professional with over 23 years' of experience in legal leadership, strategy, data privacy, General Counsel leadership roles across top tier US-based globalconglomerates in highly dynamic, agile, and fast- paced work environments. Mr. Chaudhary was a part of the Leadership Team for India and the SAARC region at Autodesk. He was also a part of Twitter international legal team, and leadership team for Junglee Games in India. In past he has also worked with IBM, Schlumberger Asia Services Ltd., Star News and Fox Mandal Solicitors & Advocates. Mr. Chaudhary has in depth knowledge and strong understanding of industry regulations, and legislations and has been keynote speaker or panelist at major industry events on emerging technologies, artificial intelligence, privacy, data security. Recent Insider Transactions • Apr 02
Insider recently sold ₹11m worth of stock On the 28th of March, Nitin Bansal sold around 2k shares on-market at roughly ₹5,440 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹14m. Insiders have been net sellers, collectively disposing of ₹770m more than they bought in the last 12 months. Recent Insider Transactions • Mar 26
Insider recently sold ₹5.3m worth of stock On the 21st of March, Rishi Gupta sold around 1k shares on-market at roughly ₹5,290 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹14m. Insiders have been net sellers, collectively disposing of ₹742m more than they bought in the last 12 months. Recent Insider Transactions • Mar 16
Insider recently sold ₹10m worth of stock On the 12th of March, Ambrish Singh sold around 2k shares on-market at roughly ₹5,159 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹97m. Insiders have been net sellers, collectively disposing of ₹737m more than they bought in the last 12 months. Recent Insider Transactions • Mar 07
Insider recently sold ₹11m worth of stock On the 4th of March, Nishant Pandey sold around 2k shares on-market at roughly ₹5,330 per share. This transaction amounted to 7.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹97m. Insiders have been net sellers, collectively disposing of ₹726m more than they bought in the last 12 months. Recent Insider Transactions • Feb 29
Insider recently sold ₹14m worth of stock On the 22nd of February, Ruchi Chawla sold around 3k shares on-market at roughly ₹5,311 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹97m. Insiders have been net sellers, collectively disposing of ₹720m more than they bought in the last 12 months. Price Target Changed • Feb 16
Price target increased by 7.0% to ₹5,237 Up from ₹4,893, the current price target is an average from 21 analysts. New target price is approximately in line with last closing price of ₹5,270. Stock is up 50% over the past year. The company is forecast to post earnings per share of ₹64.85 next year compared to a net loss per share of ₹8.34 last year. Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹11.71 (vs ₹9.05 loss in 3Q 2023) Third quarter 2024 results: EPS: ₹11.71 (up from ₹9.05 loss in 3Q 2023). Revenue: ₹6.27b (up 6.4% from 3Q 2023). Net income: ₹1.51b (up ₹2.68b from 3Q 2023). Profit margin: 24% (up from net loss in 3Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Recent Insider Transactions • Nov 19
CFO & Whole Time Director recently sold ₹36m worth of stock On the 16th of November, Chintan Thakkar sold around 8k shares on-market at roughly ₹4,759 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹89m. Chintan has been a net seller over the last 12 months, reducing personal holdings by ₹189m. Upcoming Dividend • Nov 10
Upcoming dividend of ₹10.00 per share at 0.4% yield Eligible shareholders must have bought the stock before 17 November 2023. Payment date: 29 November 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.7%). 공고 • Nov 08
Info Edge (India) Limited Approves Dividend, Payable on November 17, 2023 Info Edge (India) Limited at its board meeting held on November 7, 2023 has declared Interim Dividend of INR 10/- per share (on face value of INR 10/- per share) for the financial year 2023-24. Record date for the purpose of determining the name of the members eligible for receipt of the Interim Dividend will be November 17, 2023. The dividend would be paid on or after November 29, 2023. Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: ₹15.89 (vs ₹8.00 in 2Q 2023) Second quarter 2024 results: EPS: ₹15.89 (up from ₹8.00 in 2Q 2023). Revenue: ₹6.26b (up 3.6% from 2Q 2023). Net income: ₹2.05b (up 99% from 2Q 2023). Profit margin: 33% (up from 17% in 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Recent Insider Transactions • Oct 06
Insider recently sold ₹2.1m worth of stock On the 29th of September, Anand Bansal sold around 500 shares on-market at roughly ₹4,171 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹89m. Insiders have been net sellers, collectively disposing of ₹622m more than they bought in the last 12 months. Recent Insider Transactions • Oct 01
Chief Human Resources Officer recently sold ₹8.5m worth of stock On the 25th of September, Sharmeen Khalid sold around 2k shares on-market at roughly ₹4,260 per share. This transaction amounted to 9.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹89m. Insiders have been net sellers, collectively disposing of ₹620m more than they bought in the last 12 months. Recent Insider Transactions • Aug 30
Insider recently sold ₹6.4m worth of stock On the 24th of August, Manoj Padmanabhan sold around 2k shares on-market at roughly ₹4,240 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹62m. Insiders have been net sellers, collectively disposing of ₹448m more than they bought in the last 12 months. Recent Insider Transactions • Aug 24
Insider recently sold ₹2.1m worth of stock On the 18th of August, Arif Parker sold around 500 shares on-market at roughly ₹4,200 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹62m. Insiders have been net sellers, collectively disposing of ₹451m more than they bought in the last 12 months. Reported Earnings • Aug 03
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: ₹8.34 loss per share (down from ₹991 profit in FY 2022). Revenue: ₹23.5b (up 48% from FY 2022). Net loss: ₹1.07b (down 101% from profit in FY 2022). Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 21
Upcoming dividend of ₹9.00 per share at 0.4% yield Eligible shareholders must have bought the stock before 28 July 2023. Payment date: 24 September 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.7%). 공고 • Jul 17
Info Edge (India) Limited Appoints Sanjiv Sachar as Additional Non-Executive Independent Director Info Edge (India) Limited has appointed Sanjiv Sachar as additional (non-executive independent) director. As per the company, the appointment is effective from July 15, 2023, subject to requisite approval of the members. Sachar, aged 65 years, is a member of the Institute of Chartered Accountants of India and has retired as the senior partner of Egon Zehnder in 2016. Presently, he holds the board membership in HDFC Bank Limited and KDDL Limited and is the designated partner of Sachar & Sachar LLP. Additionally, he is the partner of the Delhi chapter of Social Venture Partners, a global philanthropic network, along with the chief mentor of Huddle, an incubator located in Gurgaon. Sachar had started his corporate career in the finance function with SRF Nippondenso (now known as Denso). Post qualifying as a Chartered Accountant in 1982, he worked with the management consulting division of AF Ferguson (now part of Deloitte). He also set up the Egon Zehnder practice in India in 1995. Over the course of his two decades at Egon Zehnder, he has mentored senior executives across industry sectors. Moreover, Sachar has also been a co-founder of a Chartered Accountancy and Management Consulting firm, M/s Sachar Vasudeva & Associates and co-founded an executive search firm, Direct Impact. Recent Insider Transactions • Jun 10
Non-Executive Independent Director recently sold ₹62m worth of stock On the 6th of June, Ashish Gupta sold around 15k shares on-market at roughly ₹4,138 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹406m more than they bought in the last 12 months. 공고 • Jun 10
VLCC Health Care Limited signed an agreement to acquire 42.33% Happily Unmarried Marketing Private Limited from Info Edge (India) Limited (NSEI:NAUKRI) for INR 610 million. VLCC Health Care Limited signed an agreement to acquire 42.33% stake in Happily Unmarried Marketing Private Limited from Info Edge (India) Limited (NSEI:NAUKRI) for INR 610 million on June 8, 2023.The consideration is combination of cash and share swap. As of March 31, 2023, the revenue is reported NIL and net worth INR 0.186113 million. The expected date of completion is Two months from signing unless mutually extended by the parties. Recent Insider Transactions • Jun 03
Insider recently sold ₹1.3m worth of stock On the 29th of May, Karuppannan Kumar sold around 300 shares on-market at roughly ₹4,197 per share. This transaction amounted to 81% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹3.6m. Insiders have been net sellers, collectively disposing of ₹324m more than they bought in the last 12 months. 공고 • May 11
Info Edge (India) Limited to Report Q4, 2023 Results on May 26, 2023 Info Edge (India) Limited announced that they will report Q4, 2023 results on May 26, 2023 Recent Insider Transactions • Mar 17
Insider recently sold ₹497k worth of stock On the 13th of March, Amit Singh sold around 145 shares on-market at roughly ₹3,430 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹15m. Insiders have been net sellers, collectively disposing of ₹396m more than they bought in the last 12 months. Recent Insider Transactions • Mar 08
Insider recently sold ₹352k worth of stock On the 3rd of March, Amit Singh sold around 100 shares on-market at roughly ₹3,515 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹52m. Insiders have been net sellers, collectively disposing of ₹1.7b more than they bought in the last 12 months. Recent Insider Transactions • Feb 17
Insider recently bought ₹1.0m worth of stock On the 13th of February, Rishabh Katiyar bought around 300 shares on-market at roughly ₹3,399 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹1.7b more in shares than they bought in the last 12 months. Reported Earnings • Feb 12
Third quarter 2023 earnings released: ₹9.05 loss per share (vs ₹357 profit in 3Q 2022) Third quarter 2023 results: ₹9.05 loss per share (down from ₹357 profit in 3Q 2022). Revenue: ₹5.90b (up 41% from 3Q 2022). Net loss: ₹1.17b (down 102% from profit in 3Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. 공고 • Jan 27
Info Edge (India) Limited to Report Q3, 2023 Results on Feb 10, 2023 Info Edge (India) Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Recent Insider Transactions • Nov 18
Chief Business Officer - Shiksha & FF recently sold ₹7.8m worth of stock On the 15th of November, Vivek Jain sold around 2k shares on-market at roughly ₹4,204 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹16m. Insiders have been net sellers, collectively disposing of ₹1.4b more than they bought in the last 12 months. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 7 highly experienced directors. Additional Independent Director Geeta Mathur was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: ₹8.00 (vs ₹573 in 2Q 2022) Second quarter 2023 results: EPS: ₹8.00 (down from ₹573 in 2Q 2022). Net income: ₹1.03b (down 99% from 2Q 2022). Revenue is forecast to grow 88% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.