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

Matrimony.com Ltd.

NSE: MATRIMONY | BSE: 540704 | ISIN: INE866R01028 | Industry: Internet Software & Services
| Falling Comet

504.6000 -0.75 (-0.15%)

NSE Apr 21, 2025 13:32 PM

Near 52W Low of ₹487.00

Volume: 31,213

Matrimony.com Ltd.

13 May 2021

504.60

-0.15%

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 -39.05% in the last 6 Months