Matrimony.com Ltd. News and Updates

Name: Latest research reports of Matrimony.com Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Matrimony.com Ltd.
Rating: 5
Author: ICICI Securities Limited

Keep track of all breaking news on Matrimony.com Ltd. from all sources in a single place.

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Matrimony.com Ltd.

13 May 2021

509.45

-0.19%

Matrimony.com Ltd

Buy: Matrimony.com Ltd.

Target

ICICI Securities Limited

In the near term, we expect the company's billing and revenues to be impacted QoQ due to lockdowns & lower productivity. Hence, matchmaking revenues are expected to be subdued in Q1FY22E. However, with the easing of lockdowns & vaccinations we expect revenues to improve post Q1FY22E. In addition, introduction of new products (like IIMIIT matrimony), improved subscriber growth (led by differentiated pricing, focus on Tier II & Tier III cities and improving conversion), increasing market share in north (expects to gain healthy market in the next two years) and inorganic opportunity (due...

Matrimony.com Ltd. has lost -23.95% in the last 6 Months

Matrimony.com Ltd.

11 May 2021

509.45

-0.19%

Matrimony.com Standalone March 2021 Net Sales at Rs 99.81 crore, up 7.47% Y-o-Y

Moneycontrol

NULL

Matrimony.com Ltd. is trading above its 30 day SMA of 508.0

Matrimony.com Ltd.

04 Feb 2021

509.45

-0.19%

Matrimony.com profit jumps 96% in Q3

Business Line

Our Bureau

Matrimony.com Ltd. is trading below its 50 day SMA of 517.4

Matrimony.com Ltd.

04 Feb 2021

509.45

-0.19%

Matrimony.com Standalone December 2020 Net Sales at Rs 95.38 crore, up 7.49% Y-o-Y

Moneycontrol

NULL

Matrimony.com Ltd. has lost -23.95% in the last 6 Months

Matrimony.com Ltd.

11 Jan 2021

509.45

-0.19%

Now, a matrimonial site just for doctors as Matrimony.com launches DoctorsMatrimony

Moneycontrol

On DoctorsMatrimony.com, doctors can choose matches not only by religion, city, community, education, but also by specialisation.

Matrimony.com Ltd. has lost -23.95% in the last 6 Months

Matrimony.com launches new matchmaking portal only for doctors

Business Today | 11 Jan 2021

Matrimony.com Ltd.

11 Dec 2020

509.45

-0.19%

Bharat Matrimony to strengthen position in North India, South-East Asia

Business Today

To leverage the increase in digitally-savvy customers, Matrimony.com, which operates the online portal Bharat Matrimony, said that it will strengthen its position in North India and also invest to penetrate deeper into South-East Asian markets

Matrimony.com Ltd. has lost -23.95% in the last 6 Months

Matrimony.com Ltd.

06 Nov 2020

509.45

-0.19%

Matrimony.com Ltd

Buy: Matrimony.com Ltd.

Target

ICICI Securities Limited

The company's paid subscribers increased 25.7% YoY mainly led by company's focus on Tier II and Tier III cities to drive subscriber growth. In addition, Matrimony is now approaching with differentiated pricing, which will help in targeting & converting active subscribers to paid subscribers. Further, increasing market share in the north (that we believe is equally distributed among competitors) is expected to drive paid subscriber growth. This coupled with double digit growth (up 13.5% YoY) in matchmaking billing in current quarter and company's expectation of double digit billing...

Matrimony.com Ltd. has lost -23.95% in the last 6 Months

Matrimony.com Ltd.

28 Sep 2020

509.45

-0.19%

Matrimony.com expects double digit growth to continue: Founder

Moneycontrol

The city-based company witnessed an impact of the COVID-19 on the industry, however, saw its membership grow by 30 percent during the period, Matrimony.com founder-CEO, Murugavel Janakiraman said.

Matrimony.com Ltd. is trading below its 50 day SMA of 517.4

Matrimony.com Ltd.

15 Sep 2020

509.45

-0.19%

Gladiator Stocks - Matrimony.com: ICICI Direct

Moneycontrol

According to ICICI Direct, The IT sector has been one of the major out performers since March lows and technology driven platform businesses have outperformed.

Matrimony.com Ltd. is trading above its 30 day SMA of 508.0

Matrimony.com Ltd.

14 Sep 2020, 12:00AM

509.45

-0.19%

Matrimony.com Ltd

Buy: Matrimony.com Ltd.

ICICI Securities Limited

Historically revenues have grown at a CAGR of 6% in FY17-20 mainly led by 6% CAGR in pricing. However, the company's paid subscribers have remained flat mainly due to high pricing and focus on metro cities. Nevertheless, over the years, increase in online penetration has led to subscriber growth across tiers. Hence, the company is now focusing on Tier II and Tier III cities to drive subscriber growth. In addition, it is now focusing on increasing market share in the north (that we believe is equally distributed among competitors) and increasing conversion of active (that has grown at...

Matrimony.com Ltd. is trading below its 50 day SMA of 517.4

Is Matrimony.com Ltd. worth buying?

55 Votes:

Buy 76.36%

Sell 16.36%

Hold 7.27%

Near 52W Low of ₹487.00

Matrimony.com Ltd. News and Updates

Keep track of all breaking news on Matrimony.com Ltd. from all sources in a single place.