Info Edge
Stock Snapshot
Price Performance
Vista Outlook
Basis of our Recommendation
Info Edge's recent performance reflects a strategic pivot towards AI-driven recruitment tools and improved monetization in its B2C and real estate segments, which are crucial for sustaining revenue growth amidst a challenging hiring environment. Management's focus on leveraging its proprietary database as a competitive moat against AI disintermediation risks is pivotal, especially as the recruitment sector remains the primary growth engine. Despite a cautious outlook due to mixed hiring trends, the company is actively addressing challenges in its education vertical and scaling its 'Job Hai' platform. Vista's forecast anticipates moderated revenue growth and margin pressures, yet the emphasis on operational efficiency and disciplined capital allocation supports a long-term growth narrative. The industry context, characterized by a shift towards profitability in quick commerce, aligns with Info Edge's strategic priorities. Over the next 12-24 months, key opportunities include the successful integration of AI tools and expansion in Tier-2/3 cities, while watchpoints include potential volatility in mid-market hiring and the impact of evolving search engine dynamics on traffic-dependent models
Why We Like This Stock
- Successful pivot towards AI-driven recruitment tools enhances operational efficiency and market positioning
- Improved monetization in the B2C and real estate segments supports revenue stability
- Strategic focus on scaling the 'Job Hai' platform and diversifying the education vertical presents growth opportunities
Things To Watch Out For
- Moderated revenue growth and ongoing margin pressures pose challenges to financial performance
- Potential volatility in mid-market hiring volumes could impact recruitment revenues
- Evolving search engine dynamics may affect traffic-dependent business models
Key Parameters
Financial Snapshot
View Technicals Analysis →| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 2,536 | 2,850 | 3,285 | 3,369 | 3,733 |
| Profit Before Tax (Cr.) | 811 | 997 | 2,082 | 1,832 | 2,007 |
| PBT Margin | 32.0% | 35.0% | 63.4% | 54.4% | 53.8% |
| Net Profit (Cr.) | 544 | 863 | 1,721 | 1,512 | 1,355 |
| Earnings Per Share | 8.1 | 7.9 | 21.7 | 19.1 | 20.9 |
Analyst Recommendations
| Broker | Recommendation | Target Price | Date |
|---|---|---|---|
| Kotak Securities | ▲ Buy | 1,450 | 15-Sep-2026 |
| Goldman Sachs | ▲ Buy | 1,410 | 07-Sep-2026 |
| Macguire | ► Neutral | 1,260 | 17-Aug-2026 |
| Axis Securities | ▲ Buy | 1,578 | 11-Aug-2026 |
| BofA | ▼ Underweight | 1,400 | 11-Aug-2026 |
| Citigroup | ▲ Buy | 1,510 | 11-Aug-2026 |
| ICICI Securities | ▲ Buy | 1,500 | 11-Aug-2026 |
| JPMorgan | ▲ Buy | 1,500 | 11-Aug-2026 |
| Motilal Oswal | ► Neutral | 1,250 | 11-Aug-2026 |
| Nomura | ▲ Buy | 1,480 | 11-Aug-2026 |
| UBS | ▲ Buy | 1,280 | 17-Jun-2026 |
Company Overview
Show Company Profile
Info Edge (India) Limited operates as an online classifieds company in the areas of recruitment, matrimony, real estate, and education and related services in India and internationally. It operates through Recruitment Solutions, 99acres for Real Estate, and Other segments. The company provides recruitment services through Naukri.com, an online job website for job seekers and corporate customers, including hiring consultants/firms; Naukrigulf.com, a website catering to Gulf markets; Quadranglesearch.com, a site that provides off-line placement services to middle and senior management; zwayam.com; codingninjas.com; iimjobs.com, hirist.com, doselect.com, Naukri Fast Forward; ambitionbox.com; and jobhai.com. It also offers 99acres.com, which offers listings of properties for sale, purchase, and rent; Jeevansathi.com, an online matrimonial platform; and Shiksha.com, an education classified website that provides comprehensive insights on careers, exams, colleges, and courses, as well as operates aisle.co, a regional dating app, including Arike, Anbe, Neetho, and Neene. In addition, the company offers internet, computer, and electronics data processing services; and software development, consultancy, technical support for consumer companies, internet or SaaS, and other services in information technology and product development fields, as well as brokerage services in the real estate sector. Further, it acts as an investment advisor and manager, financial and management consultant, and sponsor of alternative investment funds; and provides branding and advertising solutions. Info Edge (India) Limited was incorporated in 1995 and is based in Noida, India.