Goldman Sachs maintains a positive outlook for Info Edge, acknowledging a 14% year-over-year revenue increase in Q4. This upbeat stance suggests the investment bank expects continued growth from the company.
Info Edge (India) Limited
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Info Edge continues to receive a "Sell" recommendation from Citi, with the new target price set at ₹955, suggesting potential for reduced returns in the near future.
Info Edge projects consistent hiring pace, steady profit margins, and a 10% increase in revenue. The company's leadership suggests potential for higher growth rates, which could further boost its performance.
Info Edge witnessed a significant block deal worth approximately $6.5 million, with 524,027 shares exchanging hands at a price of around $919.6 per share on the NSE.
Nuvama expresses optimism towards Info Edge due to solid Q4 performance with modest billings, boosting their confidence and setting a target price for the Naukri operator's stock.
Info Edge surpasses expectations in all areas, reporting impressive results. Strong performances from Nykaa, Honasa, and Ixigo contribute to a positive market sentiment.
Info Edge's Q4 profits soared by 21%, demonstrating robust performance. Notably, the company announced a remarkable 180% dividend payout, setting a new benchmark.
Info Edge sees a notable increase in Q4 revenue, reaching 8.7 billion INR, marking a significant growth compared to the previous quarter at 8.2 billion INR.
Info Edge's recruitment revenue for the year-on-year (YoY) growth came in at 9.5%, falling short of Kotak's predicted 13%. This discrepancy indicates a potential slowdown in hiring trends and continued economic pressure.
Info Edge reported a 22% increase in Q4 net profit and a 16% revenue growth year-on-year, with earnings reaching ₹565.7 crore and revenue at ₹869 crore respectively. The EBITDA margin improved significantly to 38.3%. This impressive performance was boosted by strong recruitment and growth in their property platform, 99acres, causing the stock to gain 5%.
Info Edge India is set to inject 300 million rupees into budding startups, demonstrating their ongoing commitment to the entrepreneurial ecosystem. The company's strong performance, as evidenced by multiple ratings based on fundamentals, earnings revisions, and visibility, indicates a solid foundation for these investments.
Info Edge India is planning to invest INR 30 crores in Startup Investments Holding Ltd (SIHL), a move aimed at seeking tech-focused investment prospects, such as Alternative Investment Funds (AIFs). The transaction is expected to be finalized within a month.
Info Edge experienced a substantial block trade worth INR 32.5 crore, with 351,823 shares exchanged at INR 924.2 per share on the NSE. This significant transaction underscores investor confidence in the company's current market standing.
Info Edge India Ltd will meet on May 22, 2026, to finalize their Q4 and fiscal year results from March 2026. The trading window is currently closed until after the results are declared, remaining shut for a minimum of 48 hours post-announcement.
On May 22, Info Edge will unveil their Q4 results, with a primary emphasis on earnings. Investors are advised to observe user growth as well, seeking valuable insights from the quarter's performance.
InfoEdge has given the green light for a 50 million INR investment in Startup Investments Holding Ltd, aiming to further bolster its portfolio in the startup space.
Info Edge India Ltd is planning to inject Rs. 5 crore into its subsidiary, Startup Investments Holding Ltd (SIHL), reinforcing its commitment towards tech investments. This investment includes the purchase of approximately 2.34 lakh CCDs at Rs. 214.1 each.
Info Edge witnessed a significant block deal worth INR 20.49 crore, with the transaction occurring for around 204,387 shares at an average price of roughly INR 1002.6 per share on the NSE.
In the latest "Ask Profit" episode on NDTV Profit, experts suggested selling Info Edge for potential profits, holding onto Kalyan Jewellers, NTPC, and Suzlon due to stable prospects, viewing Trent as a long-term bullish investment, and recognizing a trend reversal in IREDA.
Experts advise investors to keep their positions in Ather Energy and HDFC Bank, while they recommend purchasing shares of Vikram Solar and Balu Forge gradually. In a quick update, experts suggest offloading GAIL and Info Edge, but recommending the purchase of UNO Minda and Sona BLW. They suggest maintaining current holdings in Asian Paints, HAL, and Tata Chemicals.
Info Edge reported a 7.5% increase in quarterly billing to ₹1,057 crore, with Naukri and 99acres growing by 9.5% and 1.9%, respectively. Analysts at Nomura and HSBC are bullish, setting 'Buy' ratings and price targets of ₹1,500-₹1,525, while Citi remains bearish with a 'Sell' recommendation and a target price of ₹1,120.
HSBC maintains a positive outlook on Info Edge, predicting a price of ₹1,525, driven by robust recruitment growth in the fourth quarter. Despite slow billings from 99acres, stable performance in Matchmaking and Siksha, and attractive valuations keep the growth momentum going.
Info Edge's stock recommendation is maintained as Sell by Citi, with a target price of ₹1,120. This decision is based on concerns about slower revenue growth due to a 9.5% year-on-year increase in recruitment billings for Q4 FY26, along with a potential 0.5% decrease in margins to 42%. Additionally, geopolitical tensions are posing challenges to the company's recruitment sector.
Nomura keeps a positive outlook on Info Edge, recommending 'Buy' and raising the price target to ₹1,500, thanks to a 7.5% year-over-year increase in 4th quarter billings. Notably, Naukri showed strong growth of 9.5%, while 99acres saw a slight rise of 1.9%. However, the Education and Matrimony sectors remained stable for Info Edge during this period.
Despite a 14% year-over-year increase in Q3 revenue at Info Edge, reaching INR 7.6 billion, the company's stock has experienced a 23.1% decline over the past year. The growth was driven by an 11.8% increase in billings and a 300 basis point expansion of operating profit margins to INR 3 billion.
Info Edge, in response to a Rs. 3.6 crore tax demand for the upcoming fiscal year, has filed an appeal. Historically, Info Edge has been successful in resolving similar tax disputes, suggesting minimal anticipated financial impact.