IGI Logo
Toggle Navigation
News
Hindi
Hindi News
Top News
Screeners
Stocks
Stocks Screener
Stock
News
Stock Market Home Page
Stock News
Industry News
Economy News
Stock on the move
Expert Views
Research Reports
Company Result
Comp Info And Fundamentals
Company Profile
Equity
Financial Ratios
Results
Balance Sheet
Profit And Loss
Cash Flow
Share Holding
Derivatives (F&O)
Get Quotes
Market Watch
Top Gainers
Top Losers
Top Traded Quantity
Top Traded Value
Most Active Puts
Derivatives (F&O)
Most Active Calls
Put Call Ratio
Highest In Premium
Daily Settlement Price
FII and DII Statistics
Open Interest: Highest In OI
Open Interest: Lowest In OI
Derivatives (F&O)
Open Interest: Increase in OI Increase in Price
Open Interest: Decline in OI Decrease in Price
Derivative Watch
Derivatives Dashboard
Historical Data
List of Underlyings & Underlying Info
Derivative Watch
Derivatives Dashboard
Market Reports
Top Gainers
Top Losers
Monthly High/Low
52 Week High
52 Week Low
Market Cap Gainers
Market Cap Losers
PE Ratio
>More Market Reports
IPO
News
IPO News
IPO Issue Reports
Commodity
Commodity Market
Commodity Home Page
Commodity News
Commodity Reports
Market Details
Get Quotes
Top Gainers
Top Losers
Top Volume
Top Value
Top Gainers Spot Market
Top Losers Spot Market
High & Low
Commodity Indices
Technical Analysis
Advance Declines
High & Low
Highest In OI
Lowest OI
Increase In Open Interest(%)
Descrease In Open Interest(%)
Currency
News
Currency News
Economy News
Currency Reports
Mutual Fund
News
Mutual Fund Home Page
Mutual Fund News
Mutual Fund Details
Mutual Fund Home Page
Compare Scheme
Scheme Profile
Mutual fund Investment
Mutual Fund Share Holding
Mutual Fund Statistics
Mutual fund Gainers
Mutual fund Losers
Biggest Schemes
Best Performers
Latest Dividend Details
Tools
Multi Scheme Comparison Tool
Dividend Details
Performance Map
Mutual fund Investment
Mutual fund Share Holding
Mutual Fund Search Category Rankings
Widgets
Stock Widgets
Watchlist
Heatmap
Mutual Fund Widgets
Watchlist
Calculators
EMI Calculator
SIP Calculator
SWP Calculator
GST Calculator
FD Calculator
RD Calculator
Wealth
World
Tips
Intraday Tips
Market Outlook
Stock Tips
Commodity Tips
Currency Tips
Reports
Short Term Investment Opportunities
Long Term Investment Opportunities
Sector Analysis
Commodity Reports
Currency Reports
Mutual Fund Analysis
Podcast
Videos
Videos Category
Business Videos
Budget Videos
News And Politics
Entertainment Videos
Sports Videos
Lifestyle And Fashion Videos
Global News Videos
Calculators
EMI Calculator
SIP Calculator
SWP Calculator
GST Calculator
FD Calculator
RD Calculator
More
Budget 2024
Astrology
Women
Politics
Entertainment
Car&Bike
Gadgets
Lifestyle
Sports
Health
Fashion
Diwali Reports
Diwali Expert Reports
News
Astrology
Beyond Market Car
Beyond Market Entertainment
Beyond Market Fashion
Beyond Market Gadgets
Beyond Market Health
Beyond Market India
Beyond Market Life Style
Beyond Market Sports
Broking Firm Views
Broking Firm Views - Long Term Report
Broking Firm Views - Sector Report
Broking Firm Views - Short Term Report
Budget 2024 Sector Reports
Budget Bites
Budget Economic Servey
Budget Expert Views
Budget Industry
Budget News
Budget Wishlist
Commodities
Commodities Reports
Commodity Top News
Company News
Company Result
Currency News
Currency Report
Currency Top News
Diwali Expert Views
Diwali Market Outlook
Diwali Report
Diwali Technical Report
Economy News
Expert View Institution
Expert Views
Industry News
IPO Analysis
IPO More News
IPO Reports
IPO Top News
Market Outlook
Mutual Fund Analysis
Mutual Fund Expert Views
Mutual Fund More News
Mutual Fund Top News
Podcast - Market Ki Awaaz
Special Event Expert Views
Special Event Reports
Startup
Startup Expections
Startup Speak
Stock Market
Stock On The Move
Top News
Top Stories
Videos
Videos Business
Videos Entertainment
Videos Global News
Videos Lifestyle And Fashion
Videos News And Politics
Videos Sports
Wealth
Women
World Market More News
World Top News
Search
Solid fundamentals; positive outlook Info Edge (India) Limited operates an online job posting website. The website offers services for recruiters, job seekers, and employers. The company also operates an online matrimonial website for prospective brides, grooms, and relatives. * Consolidated revenue grew 14.4% YoY to Rs. 626cr (+3.5% QoQ) in Q1FY24, driven by healthy growth in Naukri.com and 99acres segments. * EBITDA remained strong at Rs. 203cr with a margin of 32.4%, due to lower ...
Buy Info Edge India Ltd For Target Rs. 4,896 by Geojit Financial Services Ltd
Naukri performance to drag FY24 growth Limited scope for margin improvement; reiterate Neutral on valuations * Info Edge (INFOE) delivered a weaker-than-expected revenue growth in 1QFY24, with standalone revenue rising 15% YoY (20.6% expected). EBITDA margin was better than expected at 38.8%, down 30bp QoQ (120bp beat). Overall Billings were muted and remained flat YoY at INR 5.2b, largely on account of lower billings in Recruitment solutions business (down 4.2% YoY). * The managemen...
Neutral Info Edge(India) Ltd For Target Rs.4,200 - Motilal Oswal
Info Edge (India) is currently trading at Rs. 4605.00, up by 38.25 points or 0.84% from its previous closing of Rs. 4566.75 on the BSE. The scrip opened at Rs. 4570.00 and has touched a high and low of Rs. 4612.00 and Rs. 4568.50 respectively. So far 2079 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4765.90 on 17-Jul-2023 and a 52 week low of Rs. 3310.00 on 14-Mar-2023. Last one week high and low of the scri...
Info Edge rises as its arm to invest Rs 20 crore in Startup Investments
Info Edge (India) is currently trading at Rs. 4364.40, up by 34.30 points or 0.79% from its previous closing of Rs. 4330.10 on the BSE. The scrip opened at Rs. 4390.00 and has touched a high and low of Rs. 4442.35 and Rs. 4362.95 respectively. So far 1797 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4624.35 on 26-Aug-2022 and a 52 week low of Rs. 3310.00 on 14-Mar-2023. Last one week high and low of the scri...
Info Edge rises as its arm to invest in Interactive Visual Solutions
Full-on display of very strong fundamentals Info Edge (INFOE) in 4Q reported another sturdy operating performance amidst another quarter of depressed expectations. Recruitment vertical billings growth of 13.7% YoY was well ahead of market expectations; even JMFe was just +4.2%. There was solid growth in both realisation (+5.5%) as well as unique customers (+7.7%). Billings was also robust and ahead of expectations in Real Estate (+30.8% YoY) and Shiksha (+42.5% YoY). As if that w...
Buy Info Edge Ltd For Target Rs. 4,950 - JM Financial Services
Strong margin profile to sustain; maintain Neutral on valuations * Info Edge (INFOE) delivered a healthy revenue growth in 4QFY23, with standalone revenue rising 24% YoY (in line) fueled by 27% YoY growth in the Recruitment vertical. EBITDA margin was flat QoQ at 39.1% (strong 240bp beat). Billings were healthy (up 15.3% YoY to INR7.5b) and grew ahead of our estimate, despite a slowdown in IT hiring during the quarter. * Management sees clear sign of a slowdown in IT hiring that remains...
Neutral Info Edge(India) Ltd For Target Rs.4,010 - Motilal Oswal
* Naukri has been trading in a steady uptrend since 2012, after spending nearly six years in a consolidation phase post listing. It has had intermediate consolidation phases also, but the majority were more of time-wise correction. * Unlike the past instances, it has retraced noticeably from its record high i.e. 7376.22 levels in the prevailing corrective phase and tested support at 3298.85 in May 2023. It tried to regain some strength thereafter but pressure around the 4500 zone capped up...
Buy Info Edge India Ltd For Target Rs.4,560 by Religare Broking
Info Edge (India) is currently trading at Rs. 3915.40, up by 10.15 points or 0.26% from its previous closing of Rs. 3905.25 on the BSE. The scrip opened at Rs. 3905.25 and has touched a high and low of Rs. 3955.55 and Rs. 3889.90 respectively. So far 2318 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4624.35 on 26-Aug-2022 and a 52 week low of Rs. 3310.00 on 14-Mar-2023. Last one week high and low of the scri...
Info Edge rises on investing Rs 20 crore in Redstart Labs
Going strong despite challenging times; valuation reasonable Concerns of IT hiring slowdown affecting the recruitment vertical have only aggravated each passing quarter over the last 12 months or so. However, defying expectations and a base that only gets steeper, INFOE has continued to report better-than-expected billings. Recruitment billings grew 17.7% YoY vs. JMFe of 15.0% YoY in 3Q; in fact, it rose 45% YoY on a TTM basis led by strong realisation and expansion of the customer base. F...
Buy Info Edge (India) Ltd For Target Rs. 4,650 - JM Financial Institutional Securities
Strong operating performance led by Recruitment and Real estate segments Result Synopsis Info Edge(India) (INFOE) reported strong financial performance for the quarter. While, the sequential revenue growth was inline with estimates; EBITDA margin was above expectation. Revenue grew by 4.4% QoQ, led by 4.5% QoQ growth in the revenue of Recruitment business. Consolidated Billing remained strong as it grew by 14.5% YoY. There was sequential increase in EBITDA margin(up 445 bps QoQ) on acco...
Buy Info Edge(India) Ltd For Target Rs. 5,215 - Yes Securities Ltd
Strong quarter despite pressure on IT; valuations full Steep margin improvement encouraging; reiterate Neutral * INFOE delivered a strong revenue growth in 3QFY23, with a standalone revenue growth of 33% YoY (slightly ahead of estimates), led by 40% growth in the Recruitment vertical. EBITDA margin rose 450bp QoQ to 39.1% on account of lower employee costs, advertisement spends, and other expenses (Strong beat). Billings in 3QFY23 remained strong (up 14.5% YoY to INR5.5b), and grew ahea...
Neutral Info Edge(India) Ltd For Target Rs.3,800 - Motilal Oswal Financial Services
Maintains strong operating performance led by the core recruitment business Result Synopsis Info Edge(India) (INFOE) reported strong financial performance for the quarter. Both, sequential revenue growth and EBITDA margin were broadly as per estimates. Revenue grew by 4.8% QoQ, led by 8.0% QoQ growth in the revenue of Recruitment business Consolidated Billing remained strong as it grew by 31% YoY. There was sequential increase in EBITDA margin(up 246 bps QoQ) on account of control on A&...
Buy Info Edge (India) Limited For Target Rs.5,380 - Yes Securities
Non-IT demand to partially compensate for the slowdown in tech Maintain Neutral on Valuations * INFOE delivered a strong revenue growth in 2QFY23, with a standalone revenue growth of 51% YoY (inline), led by 41% growth in the Recruitment vertical. EBITDA margin rose 250bp QoQ to 34.6% on account of lower employee and advertisement spends. Billings in 2QFY23 remained strong, but grew at a relatively slower pace (up 30% YoY to INR5.4b). * The management sees clear signs of a slowdown i...
Neutral Info Edge(India) Ltd For Target Rs.4,020 - Motilal Oswal
Abhishek will focus his energies to make UNIVO the most preferred Online Program Management company for partner & universities worldwide UNIVO, one of the most progressive online higher education leaders in India, has announced the appointment of Mr. Abhishek Ajmera as its Chief Sales and Marketing Officer. As UNIVO has ramped up its focus on growth, appointment of Abhishek will be pivotal to cement UNIVO’s leadership position in the segment & drive growth. “Working ...
UNIVO appoints Abhishek Ajmera as its Chief Sales and Marketing Officer
Info Edge (India) is currently trading at Rs. 3906.20, up by 101.30 points or 2.66% from its previous closing of Rs. 3804.90 on the BSE. The scrip opened at Rs. 3850.00 and has touched a high and low of Rs. 3941.50 and Rs. 3850.00 respectively. So far 4061 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7462.95 on 19-Oct-2021 and a 52 week low of Rs. 3314.00 on 26-May-2022. Last one week high and low of the scr...
Info Edge (India) jumps on getting nod to invest around Rs 135.4 crore in Sunrise Mentors
Info Edge (India) is currently trading at Rs. 4276.85, up by 18.35 points or 0.43% from its previous closing of Rs. 4258.50 on the BSE. The scrip opened at Rs. 4281.00 and has touched a high and low of Rs. 4322.90 and Rs. 4269.60 respectively. So far 5184 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7462.95 on 19-Oct-2021 and a 52 week low of Rs. 3314.00 on 26-May-2022. Last one week high and low of the scri...
Info Edge (India) inches up on investing Rs 100 crore in Allcheckdeals India
Info Edge (India) is currently trading at Rs. 4367.30, up by 99.85 points or 2.34% from its previous closing of Rs. 4267.45 on the BSE. The scrip opened at Rs. 4265.00 and has touched a high and low of Rs. 4397.00 and Rs. 4244.85 respectively. So far 16389 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7462.95 on 19-Oct-2021 and a 52 week low of Rs. 3314.00 on 26-May-2022. Last one week high and low of the scr...
Info Edge zooms on agreeing to invest Rs 7.5 crore in Happily Unmarried Marketing
Firing on all cylinders… About the stock: Info Edge provides internet based service delivery like recruitment services (Naukri), real estate (99 acres), Jeevansathi and Shiksha. * Quasi play on Indian start up like Zomato, PolicyBazaar, Shoekonect, Ustra, Gramophone and job market, matrimony services & real estate market * Prudent capital allocation and recruitment business EBITDA margin >50% Q1FY23 Results: Info Edge reported strong Q1FY23 results. * Revenues inc...
Buy Info Edge India Ltd For Target Rs 5230 - ICICI Securities
Info Edge (India) is currently trading at Rs. 4145.00, up by 16.10 points or 0.39% from its previous closing of Rs. 4128.90 on the BSE. The scrip opened at Rs. 4213.00 and has touched a high and low of Rs. 4213.00 and Rs. 4126.00 respectively. So far 12285 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7462.95 on 19-Oct-2021 and a 52 week low of Rs. 3314.00 on 26-May-2022. Last one week high and low of the scr...
Info Edge surges on investing Rs 15 crore in Smartweb Internet Services
Demand Momentum to drive Growth Info Edge (India) Limited is engaged in online classified business. Company operates an online job portal Naukri.com, matrimony website Jeevansathi.com, real estate search portal 99Acres.com and an educational website Shiksha.com. * Q4FY22 revenue grew 57.4% YoY to Rs. 473cr (+12.2% QoQ). And 40.9% in FY22 to Rs. 1589cr, driven by tailwinds in recruitment and real estate verticals. * Total Billings for the quarter were up 52.5% YoY at Rs. 649.3cr ...
Large Cap : Buy Info Edge Ltd For Target Rs.4,865 - Geojit Financial Services
Sustains growth momentum in revenue and billings Our view and valuation Overall, it reported strong performance for the quarter, with revenue growth above expectation; while EBITDA margin was broadly along estimates. The robust hiring activity and the recovery in real estate market would support revenue growth. Positive operating leverage should support margin in medium term. Recruitment vertical would continue to drive revenue growth, while there are early signs ...
Buy Info Edge Ltd For Target Rs. 1,138 - Yes Securities
Core businesses to gain from improving tailwinds: Upgrade to BUY We upgrade Info Edge (INFOE) to BUY with a revised TP of INR 5,180 as we believe the key operating businesses Recruitment and 99acres will benefit from a favourable macro set-up. This is also confirmed by the strong billings trend in the recruitment business in 9MFY22 (+75% YoY) and continued hiring activity in IT (we reckon this is spreading to other industries, as also reflected in the recent Jobspeak index) that are likely...
Buy Info Edge Ltd For Target Rs. 5,180 - JM Financial Services
Strong hiring, rebound in real estate augurs well… About the stock: Info Edge provides internet based service delivery like recruitment services (Naukri), real estate (99 acres), Jeevansaathi and Shiksha. * Quasi play on Indian start up like Zomato, PolicyBazaar, Shoekonect, Ustra, Gramophone and job market, matrimony services & real estate market * Prudent capital allocation and recruitment business EBITDA margin >50% Q3FY22 Results: Info Edge reported rob...
Buy Info Edge Ltd For Target Rs. 5800 - ICICI Direct
Strong pickup in billings Our view Overall, strong result on revenue, with revenue growth above expectation and it also reported strong billings growth. The robust hiring activity and the recovery in real estate market would support revenue growth. Best placed to benefit from growing digitalization of Indian economy. Positive operating leverage should support margin in medium term. It is expected to continue to make tech related investments to drive revenue growth...
Buy Info Edge Ltd For Target Rs. 6,750 - Yes Securities
Derivative Ideas NAUKRI shed 0.09% and closed at 5633.05 on 12th Jan. The Scrip has been consolidating in a range for some time now. NAUKRI is expected to test its upside resistance at 5850-5900 levels till 5520 is intact. We recommend to go Long in NAUKRI. Strategy:- BUY NAUKRI @ 5600-5620, SLOSS AT 5520, TRGT 5800. To Read Complete Report & Disclaimer Click Here Please refer disclaimer at https://www.religareonline.com/disclaimer SE...
Buy Info Edge Ltd For Target Rs.5800 - Religare Broking
Growth to remain strong, but valuation leaves little upside * INFOE reported an in-line operating performance in 2QFY22, with standalone revenue growth of 37% YoY (estimate of +35%), the EBITDA margin at 30.2% (estimate of 30.1%), and APAT growth of 98% YoY (estimate of 101% YoY). 2Q billings stood at INR4.02b, +67% YoY and +28% QoQ. Billing growth was led by Recruitment Solutions (73.9%), 99acres (45.9%), and Shiksha (74.7%). * The Naukri business is expected to grow exceptionally well...
Neutral Info Edge(India) Ltd For Target Rs.6,150 - Motilal Oswal
Another steady performance Info Edge (IEL) posted Q2FY22 financial performance in line, but the strong growth in billing points to improving growth trends. Overall billing was up 61.3% YoY with recruitment, real estate and Shiksha growing YoY by 73.9%, 45.9% and 74.7%, respectively. While macro tailwinds and leadership position are helping IEL’s core business, the stock’s re-rating is a result of the Zomato and PolicyBazaar IPOs triggering a valuation re-rating of investee c...
Hold Info Edge Ltd For Target Rs.6,484 - Edelweiss Financial Services
Maintains Steady Performance Our view Overall, strong result on revenue and billings front. The pickup in hiring activity and the recovery in real estate market would support revenue growth. Best placed to benefit from growing digitalization of Indian economy. Positive operating leverage should support margin in medium term. It is expected to continue to make tech related investments to drive revenue growth and maintain its leadership position across segments. We ...
Buy Info Edge Ltd For Target Rs.7,350 - Yes Securities
Neutral Info Edge India Ltd For Target Rs.5,230 Tech demand to lead to a growth acceleration in Naukri * INFOE reported a strong operating performance in 1QFY22, with standalone revenue/EBITDA margin/PAT growth of 14%/31.2%/21% YoY (est. +6.3%/+20%/-21%). Billings stood at INR 3.14b 1QFY22, up 67% YoY, although it was down 24% QoQ due to seasonality. Revenue in 1QFY22 was driven by good growth across Recruitment (+11.2% YoY), 99acres (+15.8%), and others (+28%). * While non-recruitme...
Neutral Info Edge India Ltd : Tech demand to lead to a growth acceleration in Naukri - Motilal Oswal
The grand job-wedding-housewarming party is here! Job, wedding and own house are the three (stereo) typical and interconnected life goals in the Indian sociocultural construct. Besides the parental influence, this trinity now seems to have another common driving force – liquidity! As we anticipated in mid-Jun-21, hiring across sectors has witnessed a robust pickup. Net EPFO additions in Jun-21 were ~85% higher than the pre-covid run-rate. RBI’s Aug-21 ‘State of the ec...
Buy Info Edge India Ltd For Target Rs.8,050 - ICICI Securities
The grand job-wedding-housewarming party is here! Job, wedding and own house are the three (stereo) typical and interconnected life goals in the Indian sociocultural construct. Besides the parental influence, this trinity now seems to have another common driving force – liquidity! As we anticipated in mid-Jun-21, hiring across sectors has witnessed a robust pickup. Net EPFO additions in Jun-21 were ~85% higher than the pre-covid run-rate. RBI’s Aug-21 ‘State of the...
Buy Info Edge Ltd For Target Rs.8,050 - ICICI Securities
Religare Super Idea To Read Complete Report & Disclaimer Click Here Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number is INZ000174330 Above views are of the author and not of the website kindly read disclaimer
Buy Info Edge (India) Ltd Target Rs.6080 - Religare Broking
Religare Super Idea To Read Complete Report & Disclaimer Click Here Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number is INZ000174330 Above views are of the author and not of the website kindly read disclaimer
Buy Info Edge (India) Ltd Target Rs.6100 - Religare Broking
Our view Overall, both revenue and EBITDA above estimates. Strong billings momentum should help to sustain growth momentum. Positive operating leverage would drive improvement in EBITDA margin. Best placed to benefit from ongoing digitalization of Indian economy. Sustained high growth in Zomato and other key portfolio companies would continue to support overall value creation. We maintain BUY rating on the stock with target price of Rs 6,250. On standalone basis, it t...
Buy Info Edge Ltd For Target Rs.6,250 - Yes Securities
Strong sequential increase in billings; margin remains a drag * 4QFY21 saw a strong revival in INFOE’s billings in the Recruitment and Real Estate business. Combined billings stood at INR4.1b in 4QFY21, an increase of 25% YoY and 40% QoQ. While revenue is still down 10% YoY, we expect a strong revival as revenue generally lags billings, given the subscription nature of the business. * EBITDA margin dipped 7pp QoQ in 4QFY21, led by unusually high employee expenses (10% miss to our ...
Neutral Info Edg.(India) Ltd For Target Rs. 4,590 - Motilal Oswal
Info Edge, a key investor in Zomato has decided to lower the size of its offer for sale (OFS) in the IPO of the food delivery platform. In a regulatory filing on Sunday, Info Edge (India) said that the Committee of Executive Directors has approved the reduction in the size of the offer for sale by the company. The Board of Directors of Info Edge had in April approved for its participation in the offer for sale of up to such number of equity shares of Zomato, as would aggregate up ...
Info Edge halves its OFS size in Zomato IPO to Rs 375 cr
Surprisingly strong outlook notwithstanding 2nd wave To our and even management’s surprise, billing increased 40% QoQ despite the panic around the 2nd covid wave beginning March 2021. This was 25% above our estimates and largely driven by the robust volume increase at Naukri. In this backdrop, the company made higher variable pay-outs (~130-140%) to sales team. In conjunction with partial salary hike and some one-off provisions, reported margins missed our estimates. Key takeaway ...
Buy Info Edge Ltd For Target Rs.6,300 - ICICI Securities
* Stock previously given a triangle breakout and recently prices has showed bounce after retesting its breakout zone. * Descent volume activity has been witnessed on the retest candle. * Both momentum indicator RSI & MACD are ranging positive territory Buy Info Edge (India) Limited @ 4930-4950 TGT 5200 Stop Loss Below Rs. 4730 CB Duration 1 Week To Read Complete Report & Disclaimer Click Here Please refer discla...
LKP Spade, Weekly Pick - Buy Info Edge (India) Limited For Target Rs. 5200 - LKP Securities
Billing trajectory continues to improve… InfoEdge’s Q4FY21 numbers were below our estimates. However, the company has seen improving billing growth both on a YoY and QoQ basis. Billing increased 25.1% YoY, 39.8% QoQ to | 415.3 crore, mainly led by 26% YoY growth in recruitment and 41.5% YoY growth in 99 acres billing. As compared to Q4FY19 (a pre-pandemic quarter), overall billing was up 15.0%. Overall revenues on a QoQ basis increased 6.5% QoQ. EBITDA margins declined from 29...
Buy Info Edge India Ltd For Target Rs. 5740 - ICICI Direct
Result Highlights * Reported revenue of Rs 2900 mn in Q4FY21( down 10% YoY, up 6.5% QoQ, slightly below estimate as weak billings in early part of Pandemic had adverse impact on Q4 topline. * EBITDA was down 45% YoY( down 22% QoQ) led by wage hike as employee cost(52% of sales) increased by 15% QoQ as it continues to invest in talent with improvement in demand outlook. Advertising expense also increased by 10.8% QoQ as unlocking of the economy in Q4FY21 required higher marketing expense...
Buy Info Edge India Ltd For Target Rs.5,512 - Yes Securities
Key News KPIT Q4 net profit rises 23.6% YoY to Rs 47 cr, revenue dips 3.8% Pune-based IT services firm KPIT reported net profit of Rs 47 crore for the fourth quarter ended March 31, 2021 up 23.6 per cent year-on-year and sequentially profits were up 9.3 per cent. Revenue for the quarter dipped 3.8 per cent at Rs 546.6 crore for the fourth quarter of FY21. Revenue grew sequentially by 4.4 per cent. The company reported operating margin expansion by 150 basis points due to improvement in ...
Key News - KPIT Technologies Ltd, Bajaj Finserv Ltd, Info Edge, Maruti Suzuki by ARETE Securities
Below are Views On Info edge India ltd has filed for the IPO of its subsidiary company Zomato Ltd By Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd Info edge India ltd has filed for the IPO of its subsidiary company Zomato Ltd. It will going to be first food delivery company to be listed on Indian stock exchanges, Zomato has seen a exceptional growth in Indian in last couple of year but at this point in time business has come down due to as sever...
Info edge India ltd has filed for the IPO of its subsidiary company Zomato Ltd By Yash Gupta, Angel Broking
Amazon’s foray into Food Delivery poses a risk to incumbents Amazon has started its much awaited Food Delivery service (Amazon Food) in Bengaluru, exactly a year after launching internally for employees. While we see a marginal impact on Zomato/Swiggy’s duopoly from the much delayed and limited launch, Amazon Food will pose a risk to both players as it can shake up an established setup with a focus on profitability Launch is slower than expected * Amazon’s...
Neutral Info Edge (India) Ltd For Target Rs. 5,440 - Motilal Oswal
Load More