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Earnings Call Transcript

Info Edge (India) Earnings Call Transcript: Key Takeaways

Info Edge delivers strong standalone billing growth of 13% while announcing the major exit of long-time CEO Hitesh Oberoi. The core recruitment business remains steady, and real estate portal 99acres has pivoted to positive cash generation.

Guidance and delivery
Management target Revenue 15.0% FY27
Highlights
Revenue growthStandalone revenue grew 13% YoY to ₹842 Cr.
MarginsOperating PBT margins improved to 41% from 36% YoY.
Demand visibilitySteady hiring in non-IT; IT sector demand led by replacements.
Management confidenceMixed; high confidence in AI products but cautious on IT hiring.

Growth

Recruitment billing grew 13%; 99acres billing accelerated to 21% YoY. Standalone revenue grew 13% to ₹842 Cr.

Outlook

Expects 99acres to be cash positive for FY27; Jeevansathi billing growth to accelerate in H2.

Risks

Leadership transition uncertainty following CEO exit; IT sector hiring remains soft, relying mostly on replacement demand.

Source

Earnings Call Transcript filed with BSE, NSE: NAUKRI. Summary written with AI assistance from the document.

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Info Edge (India) Ltd: key numbers

Share price
₹1,190.00
Market cap
₹77,162 Cr
Revenue (annual)
₹3,285 Cr
Net profit (annual)
₹1,450 Cr
P/E (TTM)
43.8×Sector 62.0×
Promoter holding
37.19%-0.28% QoQ
FII holding
25.46%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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