Valuation Update With 7 Day Price Move • 11h
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹538, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Interactive Media and Services industry in Asia. Total loss to shareholders of 14% over the past three years. Duyuru • Aug 03
Matrimony.com Limited to Report Q1, 2027 Results on Aug 11, 2026 Matrimony.com Limited announced that they will report Q1, 2027 results on Aug 11, 2026 Upcoming Dividend • Jul 29
Upcoming dividend of ₹5.00 per share Eligible shareholders must have bought the stock before 05 August 2026. Payment date: 10 September 2026. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Indian dividend payers (1.4%). In line with average of industry peers (1.3%). Reported Earnings • Jul 20
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: ₹15.92 (down from ₹20.57 in FY 2025). Revenue: ₹4.60b (flat on FY 2025). Net income: ₹341.7m (down 25% from FY 2025). Profit margin: 7.4% (down from 9.9% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.1%. Revenue is forecast to grow 9.4% p.a. on average during the next 2 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 fallen by 11% per year whereas the company’s share price has fallen by 12% per year. Declared Dividend • May 16
Dividend of ₹5.00 announced Dividend of ₹5.00 is the same as last year. Ex-date: 5th August 2026 Payment date: 1st January 1970 Dividend yield will be 1.2%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 16% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 60% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 16
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: ₹15.92 (down from ₹20.57 in FY 2025). Revenue: ₹4.84b (up 6.1% from FY 2025). Net income: ₹341.7m (down 25% from FY 2025). Profit margin: 7.1% (down from 9.9% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.1%. Revenue is forecast to grow 7.0% p.a. on average during the next 2 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 11% per year whereas the company’s share price has fallen by 8% per year. Duyuru • May 15
Matrimony.com Limited announces Annual dividend Matrimony.com Limited announced Annual dividend of INR 5.0000 per share, ex-date on August 05, 2026 and record date on August 05, 2026. Duyuru • May 14
Matrimony.com Limited, Annual General Meeting, Aug 11, 2026 Matrimony.com Limited, Annual General Meeting, Aug 11, 2026. Duyuru • Apr 29
Matrimony.com Limited to Report Q4, 2026 Results on May 14, 2026 Matrimony.com Limited announced that they will report Q4, 2026 results at 9:08 AM, Indian Standard Time on May 14, 2026 New Risk • Feb 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹9.00b (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.2% net profit margin). Market cap is less than US$100m (₹9.00b market cap, or US$99.0m). Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹435, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Interactive Media and Services industry in Asia. Total loss to shareholders of 13% over the past three years. New Risk • Feb 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.3% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.3% net profit margin). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹3.85 (vs ₹4.54 in 3Q 2025) Third quarter 2026 results: EPS: ₹3.85 (down from ₹4.54 in 3Q 2025). Revenue: ₹1.19b (up 7.1% from 3Q 2025). Net income: ₹83.0m (down 17% from 3Q 2025). Profit margin: 7.0% (down from 8.9% in 3Q 2025). Revenue is forecast to grow 9.9% 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 fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Duyuru • Feb 05
Matrimony.com Limited to Report Q3, 2026 Results on Feb 12, 2026 Matrimony.com Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: ₹3.60 (vs ₹5.91 in 2Q 2025) Second quarter 2026 results: EPS: ₹3.60 (down from ₹5.91 in 2Q 2025). Revenue: ₹1.21b (up 4.5% from 2Q 2025). Net income: ₹77.6m (down 41% from 2Q 2025). Profit margin: 6.4% (down from 11% in 2Q 2025). Revenue is forecast to grow 10% p.a. on average during the next 2 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 4% per year whereas the company’s share price has fallen by 6% per year. Duyuru • Nov 03
Matrimony.com Limited to Report Q2, 2026 Results on Nov 13, 2025 Matrimony.com Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Upcoming Dividend • Aug 01
Upcoming dividend of ₹5.00 per share Eligible shareholders must have bought the stock before 08 August 2025. Payment date: 12 September 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.2%). In line with average of industry peers (0.8%). Duyuru • Jul 29
Matrimony.com Limited to Report Q1, 2026 Results on Aug 13, 2025 Matrimony.com Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • Jul 19
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: ₹20.57 (down from ₹22.26 in FY 2024). Revenue: ₹4.56b (down 5.3% from FY 2024). Net income: ₹452.8m (down 8.6% from FY 2024). Profit margin: 9.9% (in line with FY 2024). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 4.9%. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Duyuru • Jul 08
Matrimony.com Limited (NSEI:MATRIMONY) agreed to acquire 6.25% stake in Bharat Ek Khoj Spiritual Tech Private Limited for INR 44 million. Matrimony.com Limited (NSEI:MATRIMONY) agreed to acquire 6.25% stake in Bharat Ek Khoj Spiritual Tech Private Limited for INR 44 million on July 8, 2025. A cash consideration of INR 44 million will be paid by Matrimony.com Limited.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board on July 8, 2025. The expected completion of the transaction is July 8, 2025 to September 8, 2025. Reported Earnings • May 19
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: ₹20.57 (down from ₹22.26 in FY 2024). Revenue: ₹4.90b (up 1.7% from FY 2024). Net income: ₹452.8m (down 8.6% from FY 2024). Profit margin: 9.2% (down from 10% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 4.9%. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Duyuru • May 16
Matrimony.com Limited, Annual General Meeting, Aug 13, 2025 Matrimony.com Limited, Annual General Meeting, Aug 13, 2025. Duyuru • May 10
Matrimony.com Limited to Report Q4, 2025 Results on May 16, 2025 Matrimony.com Limited announced that they will report Q4, 2025 results on May 16, 2025 Buy Or Sell Opportunity • Mar 28
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to ₹512. The fair value is estimated to be ₹654, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 33% in the next 2 years. Buy Or Sell Opportunity • Mar 13
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to ₹510. The fair value is estimated to be ₹652, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 33% in the next 2 years. Buy Or Sell Opportunity • Feb 12
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to ₹526. The fair value is estimated to be ₹663, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 33% in the next 2 years. Reported Earnings • Feb 06
Third quarter 2025 earnings released: EPS: ₹4.54 (vs ₹4.99 in 3Q 2024) Third quarter 2025 results: EPS: ₹4.54 (down from ₹4.99 in 3Q 2024). Revenue: ₹1.18b (up 1.0% from 3Q 2024). Net income: ₹99.7m (down 10% from 3Q 2024). Profit margin: 8.4% (down from 9.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% 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, earnings per share has remained flat but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Duyuru • Jan 28
Matrimony.com Limited to Report Nine Months, 2025 Results on Feb 05, 2025 Matrimony.com Limited announced that they will report nine months, 2025 results on Feb 05, 2025 Duyuru • Jan 27
Matrimony.Com Limited Announces Directorate Cessation Matrimony.com Limited informed that Mr. Milind Shripad Sarwate, Mr. George Zacharias and Mr. Chinni Krishnan Ranganathan ceased to be Independent Directors of the Company upon completion of their second term of 5 (Five) consecutive years at the close of business hours on January 26, 2025. Duyuru • Jan 09
Matrimony.com Limited Announces the Resignation of Sushanth S Pai as Chief Financial Officer, Effective from February 17, 2025 Matrimony.com Limited at the board meeting held on 08 January 2025, took note of the resignation of Mr. Sushanth S Pai, Chief Financial Officer of the Company, to pursue opportunities outside the organization and he would be relieved from the services of the Company on the closing hours of February 17, 2025. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹669, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Interactive Media and Services industry in Asia. Total loss to shareholders of 30% over the past three years. New Risk • Nov 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: ₹5.91 (vs ₹5.63 in 2Q 2024) Second quarter 2025 results: EPS: ₹5.91 (up from ₹5.63 in 2Q 2024). Revenue: ₹1.24b (up 2.1% from 2Q 2024). Net income: ₹131.6m (up 5.1% from 2Q 2024). Profit margin: 11% (in line with 2Q 2024). Revenue is forecast to grow 11% 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, earnings per share has remained flat but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Duyuru • Nov 02
Matrimony.com Limited to Report Q2, 2025 Results on Nov 07, 2024 Matrimony.com Limited announced that they will report Q2, 2025 results on Nov 07, 2024 Duyuru • Sep 06
Matrimony.com Limited (NSEI:MATRIMONY) announces an Equity Buyback for 702,439 shares, representing 3.16% for INR 720 million. Matrimony.com Limited (NSEI:MATRIMONY) announces a share repurchase program. Under the program, the company will repurchase up to 702,439 shares, representing 3.16% for INR 720 million. The shares will be repurchased at a price of INR 1,025 per share. The program is subject to approval of shareholders by means of a special resolution through a postal ballot. As of August 30, 2024, the company had 22,260,461 shares in issue. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹751, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 21x in the Interactive Media and Services industry in Asia. Total loss to shareholders of 23% over the past three years. Buy Or Sell Opportunity • Aug 19
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 32% to ₹726. The fair value is estimated to be ₹598, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 48% in the next 2 years. Price Target Changed • Aug 13
Price target increased by 8.0% to ₹671 Up from ₹622, the current price target is an average from 2 analysts. New target price is 11% above last closing price of ₹602. Stock is down 7.5% over the past year. The company is forecast to post earnings per share of ₹24.30 for next year compared to ₹22.26 last year. Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹664, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 21x in the Interactive Media and Services industry in Asia. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹633 per share. Duyuru • Jul 30
Matrimony.com Limited to Report Q1, 2025 Results on Aug 09, 2024 Matrimony.com Limited announced that they will report Q1, 2025 results on Aug 09, 2024 Upcoming Dividend • Jul 26
Upcoming dividend of ₹5.00 per share Eligible shareholders must have bought the stock before 02 August 2024. Payment date: 08 September 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (1.0%). Reported Earnings • Jul 17
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: ₹22.26 (up from ₹20.73 in FY 2023). Revenue: ₹4.81b (up 5.6% from FY 2023). Net income: ₹495.5m (up 6.2% from FY 2023). Profit margin: 10% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.8%. Revenue is forecast to grow 8.8% p.a. on average during the next 2 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 3% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Duyuru • Jun 13
Matrimony.Com Limited Approves the Appointment of Venu Muraleedharan Menon as the Chief Human Resources Officer Matrimony.com Limited approved the appointment of Mr. Venu Muraleedharan Menon as the Chief Human Resources Officer of the Company, forming part of the Senior Management of the Company. Mr. Venu Muraleedharan Menon has joined the Company with effect from June 10, 2024. Venu M. Menon is an accomplished HR Leader with about 29 years of experience across Healthcare, Retail, Manufacturing, and Telecom sectors. He holds a master'sdegree in social work from Madras School of Social Work, where he was awarded for academic excellence and has also completed MA in English Literature from St. Stephen's College, Delhi. In his last stint as Vice President and Head of HR Operations at Fortis Healthcare, Venu has led HR functions nationally, redesigned policies, implemented restructuring, and developed productivity benchmarks. His previous roles include senior HR positions at Future Group, Dairy Farm International, Bharti Cellular (AIRTEL), and RPG Group, where he led initiatives in talent management, employee engagement, performance management, and leadership development. Venu's key skills include HR Strategy, Policy Design, Organizational Development, Performance Management, and DEIB initiatives. He has successfully implemented Balanced Score Card and Competency Frameworks, optimized manpower productivity, and enhanced employee engagement through various programs. Venu has a track record of aligning HR strategies with business goals, driving change management, and fostering a high- performance culture. Price Target Changed • Jun 08
Price target decreased by 9.6% to ₹622 Down from ₹688, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₹630. Stock is down 1.9% over the past year. The company is forecast to post earnings per share of ₹24.75 for next year compared to ₹22.26 last year. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹630, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 19x in the Interactive Media and Services industry in Asia. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹583 per share. Declared Dividend • May 16
Dividend of ₹5.00 announced Dividend of ₹5.00 is the same as last year. Ex-date: 2nd August 2024 Payment date: 8th September 2024 Dividend yield will be 0.9%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 22% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 39% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Duyuru • May 16
Matrimony.com Limited, Annual General Meeting, Aug 09, 2024 Matrimony.com Limited, Annual General Meeting, Aug 09, 2024. Reported Earnings • May 15
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: ₹22.26 (up from ₹20.73 in FY 2023). Revenue: ₹5.08b (up 11% from FY 2023). Net income: ₹495.5m (up 6.2% from FY 2023). Profit margin: 9.8% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.8%. Revenue is forecast to grow 6.1% p.a. on average during the next 2 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 3% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Duyuru • May 15
Matrimony.Com Limited Recommends Declaration of Final Dividend Matrimony.com Limited at its Board Meeting meeting held on May 14, 2024, Recommended the declaration of final dividend of INR 5/- per share (INR 100%) of INR 5/- each and the record date for the dividend is August 2, 2024. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: ₹4.99 (vs ₹5.21 in 3Q 2023) Third quarter 2024 results: EPS: ₹4.99 (down from ₹5.21 in 3Q 2023). Revenue: ₹1.24b (up 12% from 3Q 2023). Net income: ₹111.1m (down 4.3% from 3Q 2023). Profit margin: 9.0% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% 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 increased by 5% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Duyuru • Jan 31
Matrimony.Com Limited Announces Executive Resignations Matrimony.com Limited announced that Mr. Rajesh Balaji, Chief Human Resources Officer, and Mr. Himanshu Kapsime, Vice President, Strategy & Marketing, forming part of the Senior Management, have resigned from the services of the company and getting relieved as of the closing hours of 31st January 2024 . Duyuru • Jan 30
Matrimony.com Limited to Report Q3, 2024 Results on Feb 09, 2024 Matrimony.com Limited announced that they will report Q3, 2024 results at 12:08 PM, Indian Standard Time on Feb 09, 2024 Price Target Changed • Nov 13
Price target decreased by 10.0% to ₹688 Down from ₹764, the current price target is an average from 2 analysts. New target price is 21% above last closing price of ₹569. Stock is down 5.4% over the past year. The company is forecast to post earnings per share of ₹22.80 for next year compared to ₹20.73 last year. Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: ₹5.63 (vs ₹5.17 in 2Q 2023) Second quarter 2024 results: EPS: ₹5.63 (up from ₹5.17 in 2Q 2023). Revenue: ₹1.28b (up 12% from 2Q 2023). Net income: ₹125.3m (up 7.0% from 2Q 2023). Profit margin: 9.8% (in line with 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 2 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 9% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Duyuru • Oct 28
Matrimony.com Limited to Report Q2, 2024 Results on Nov 09, 2023 Matrimony.com Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Buying Opportunity • Oct 03
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be ₹740, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 11% in a year. Earnings is forecast to grow by 24% in the next year. Buying Opportunity • Sep 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 8.4%. The fair value is estimated to be ₹739, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 11% in a year. Earnings is forecast to grow by 24% in the next year. Duyuru • Jul 29
Matrimony.com Limited to Report Q1, 2024 Results on Aug 09, 2023 Matrimony.com Limited announced that they will report Q1, 2024 results on Aug 09, 2023 Upcoming Dividend • Jul 27
Upcoming dividend of ₹5.00 per share at 0.8% yield Eligible shareholders must have bought the stock before 03 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (0.7%). New Risk • Jul 16
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% 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 • Jul 15
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: ₹20.73 (down from ₹23.42 in FY 2022). Revenue: ₹4.56b (up 4.9% from FY 2022). Net income: ₹466.7m (down 13% from FY 2022). Profit margin: 10% (down from 12% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.6%. Revenue is forecast to grow 15% 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 17% per year whereas the company’s share price has increased by 18% per year. Duyuru • Jul 13
Matrimony.com Limited Recommends Dividend for the Financial Year2022-23 Matrimony.com Limited announced that at it Annual General Meeting to be held On August 9, 2023 proposed to consider and if deemed fit, to pass, with or without modification(s), the following resolution as an ORDINARY RESOLUTION: RESOLVED that out of the profits for the financial year ended March 31, 2023, a Dividend at the rate of INR 5 (Rupees Five only) per share, as recommended by the Board of Directors, be and the same is hereby declared for the financial year 2022-23 and that the said dividend be paid to the Members whose names appear on the Register of Members as on August 3, 2023 or their mandates. Reported Earnings • May 14
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: ₹20.73 (down from ₹23.42 in FY 2022). Revenue: ₹4.80b (up 11% from FY 2022). Net income: ₹466.7m (down 13% from FY 2022). Profit margin: 9.7% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.6%. Revenue is forecast to grow 8.9% 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 17% per year whereas the company’s share price has increased by 19% per year. Price Target Changed • May 11
Price target increased by 8.9% to ₹764 Up from ₹701, the current price target is an average from 2 analysts. New target price is 37% above last closing price of ₹556. Stock is down 17% over the past year. The company is forecast to post earnings per share of ₹21.05 for next year compared to ₹23.42 last year. Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: ₹5.21 (vs ₹5.02 in 3Q 2022) Third quarter 2023 results: EPS: ₹5.21 (up from ₹5.02 in 3Q 2022). Revenue: ₹1.20b (up 11% from 3Q 2022). Net income: ₹116.0m (flat on 3Q 2022). Profit margin: 9.6% (down from 11% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 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 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 25
Matrimony.com Limited to Report Q3, 2023 Results on Feb 09, 2023 Matrimony.com Limited announced that they will report Q3, 2023 results on Feb 09, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹5.17 (vs ₹7.24 in 2Q 2022) Second quarter 2023 results: EPS: ₹5.17 (down from ₹7.24 in 2Q 2022). Revenue: ₹1.15b (up 4.5% from 2Q 2022). Net income: ₹117.1m (down 29% from 2Q 2022). Profit margin: 10% (down from 15% in 2Q 2022). 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 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 22% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Non Executive & Independent Director S. Sundaram was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Nov 11
Price target decreased to ₹889 Down from ₹1,034, the current price target is an average from 2 analysts. New target price is 44% above last closing price of ₹617. Stock is down 41% over the past year. The company is forecast to post earnings per share of ₹30.70 for next year compared to ₹23.42 last year. Duyuru • Aug 04
Matrimony.com Limited to Report Q1, 2023 Results on Aug 12, 2022 Matrimony.com Limited announced that they will report Q1, 2023 results on Aug 12, 2022 Upcoming Dividend • Jul 28
Upcoming dividend of ₹5.00 per share Eligible shareholders must have bought the stock before 04 August 2022. Payment date: 11 September 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.8%). In line with average of industry peers (0.5%). Reported Earnings • Jul 16
Full year 2022 earnings released: EPS: ₹23.42 (vs ₹17.90 in FY 2021) Full year 2022 results: EPS: ₹23.42 (up from ₹17.90 in FY 2021). Revenue: ₹4.34b (up 15% from FY 2021). Net income: ₹535.9m (up 31% from FY 2021). Profit margin: 12% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 10% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 11% per year. Duyuru • May 14
Matrimony.Com Limited Recommends Final Dividend 2021 Matrimony.com Limited at the Board of Directors of the Company at their meeting held on 12 May 2022, recommended the declaration of final dividend of INR 5 per share (100%) of Face Value of INR 5 each. Reported Earnings • May 14
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: ₹23.42 (up from ₹17.90 in FY 2021). Revenue: ₹4.52b (up 18% from FY 2021). Net income: ₹535.9m (up 31% from FY 2021). Profit margin: 12% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 6.8%. Over the next year, revenue is forecast to grow 8.3%, compared to a 12% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Duyuru • May 13
Matrimony.com Limited (BSE:540704) announces an Equity Buyback for 652,173.91 shares, for INR 750 million. Matrimony.com Limited (BSE:540704) announces a share repurchase program. Under the program, the company will repurchase up to INR 750 million worth of its shares. The maximum price paid by the shareholders would not exceed INR 1,150 per share. The program is subject to shareholder approval through postal ballot. As at March 31, 2022, the company had 22,898,712 issued and outstanding shares. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Non Executive Additional & Independent Director S. Sundaram was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2022 results: EPS: ₹5.02 (up from ₹4.84 in 3Q 2021). Revenue: ₹1.09b (up 12% from 3Q 2021). Net income: ₹115.0m (up 4.3% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 6.8%. Over the next year, revenue is forecast to grow 11%, compared to a 18% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jan 28
Matrimony.com Limited to Report Q3, 2022 Results on Feb 10, 2022 Matrimony.com Limited announced that they will report Q3, 2022 results on Feb 10, 2022 Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Non Executive Additional & Independent Director S. Sundaram was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2022 earnings released: EPS ₹7.24 (vs ₹4.51 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹1.14b (up 22% from 2Q 2021). Net income: ₹165.7m (up 62% from 2Q 2021). Profit margin: 14% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Duyuru • Sep 19
Matrimony.com Limited (BSE:540704) completed the acquisition of Boatman Tech Private Limited. Matrimony.com Limited (BSE:540704) agreed to acquire Boatman Tech Private Limited for INR 110 million on July 7, 2021. Following this acquisition, ShaadiSaga's Founders - Himanshu Kapsime (Chief Executive Officer) and Manish Garg (Chief Operating Officer), along with another key leader - Niraj Patel (Chief Procurement Officer) will join Matrimony.com in senior leadership roles. As of July 7, 2021, the Board of Directors at their meeting approved the acquisition of Boatman Tech. The deal is expected to close by July 31, 2021.
Matrimony.com Limited (BSE:540704) completed the acquisition of Boatman Tech Private Limited on September 17, 2021. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹6.04 (vs ₹4.11 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹1.05b (up 22% from 1Q 2021). Net income: ₹138.2m (up 48% from 1Q 2021). Profit margin: 13% (up from 11% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Upcoming Dividend • Jul 27
Upcoming dividend of ₹3.50 per share Eligible shareholders must have bought the stock before 03 August 2021. Payment date: 11 September 2021. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.4%). In line with average of industry peers (0.3%). Reported Earnings • Jul 18
Full year 2021 earnings released: EPS ₹17.90 (vs ₹12.99 in FY 2020) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: ₹3.83b (flat on FY 2020). Net income: ₹407.7m (up 38% from FY 2020). Profit margin: 11% (up from 7.7% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improved over the past week After last week's 16% share price gain to ₹1,105, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 40x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹511 per share. Reported Earnings • May 14
Full year 2021 earnings released: EPS ₹17.90 (vs ₹12.99 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹3.95b (up 6.3% from FY 2020). Net income: ₹407.7m (up 38% from FY 2020). Profit margin: 10% (up from 7.9% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Duyuru • May 12
Matrimony.Com Limited Recommends Final Dividend for the Year 2020 Matrimony.com Limited announced that at its board meeting held on May 11, 2021, the board recommended the declaration of final dividend of INR 3.50 per share (INR 70%) of INR 5 each. Recent Insider Transactions • Apr 01
Non-Executive & Independent Director recently sold ₹2.4m worth of stock On the 24th of March, George Zacharias sold around 3k shares on-market at roughly ₹969 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹11m. Insiders have been net sellers, collectively disposing of ₹52m more than they bought in the last 12 months. Recent Insider Transactions • Feb 28
Insider recently sold ₹9.7m worth of stock On the 25th of February, Saichithra Swaminathan sold around 9k shares on-market at roughly ₹1,145 per share. In the last 3 months, they made an even bigger sale worth ₹13m. Insiders have been net sellers, collectively disposing of ₹35m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improved over the past week After last week's 37% share price gain to ₹1,188, the stock is trading at a trailing P/E ratio of 72.3x, up from the previous P/E ratio of 52.6x. This compares to an average P/E of 15x in the Interactive Media and Services industry in India. Total returns to shareholders over the past three years are 44%. Is New 90 Day High Low • Feb 23
New 90-day high: ₹973 The company is up 37% from its price of ₹709 on 25 November 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹363 per share. Reported Earnings • Feb 05
Third quarter 2021 earnings released: EPS ₹4.84 (vs ₹2.47 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹1.00b (up 12% from 3Q 2020). Net income: ₹110.2m (up 97% from 3Q 2020). Profit margin: 11% (up from 6.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 05
Revenue and earnings miss expectations Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 15%, compared to a 24% growth forecast for the Interactive Media and Services industry in India.