Info Edge (India) Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for NAUKRI, BSE:532777 Info Edge (India) Ltd.

Info Edge (India) Ltd.

27 Jun 2018

1337.00

-0.74%

Info Edge

Buy: Info Edge (India) Ltd.

JM Financial

Info Edge (INFOE) has announced a fresh USD 45mn investment in Etechaces Marketing (EMPL) along with Softbank, a global private equity fund. EMPL is the holding company of policybazaar.com and paisabazaar.com, the online marketplaces for insurance, credit cards and other financial products. Media reports indicate the possibility of an additional investment of USD 16mn that should lead to an increase in INFOE's stake in EMPL to 14.2% (JMFe). The latest round of funding implies USD 1bn+ enterprise valuation for EMPL, making it the second such company in INFOE's investment portfolio after Zomato. The transaction suggests INFOE's willingness to defend its stake in late-stage funding as well as an appetite...

Info Edge (India) Ltd. has an average target of 1540.33 from 4 brokers.

Info Edge (India) Ltd.

26 Jun 2018

1337.00

-0.74%

Info Edge

Hold: Info Edge (India) Ltd.

Target

ICICI Securities Limited

InfoEdge has entered into an agreement with SoftBank to jointly invest US$90 million in Etechaces Marketing and Consulting, the parent of PolicyBazaar, for an 8.93% stake on a fully diluted basis. Incorporating this fund raising into our estimates, implied valuation of PolicyBazaar is at | 72/ share (value 14.5% stake based on latest transaction of ~$1 billion) from the earlier estimate of | 27.7/share. InfoEdge invests $45 million in PolicyBazaar InfoEdge has entered into an agreement with SVF India Holdings...

Number of FII/FPI investors decreased from 928 to 889 in Jun 2025 qtr

Info Edge (India) Ltd.

02 Jun 2018

1337.00

-0.74%

Info Edge (India) Ltd: Stable Revenue Growth, Profitability ...

Hold: Info Edge (India) Ltd.

Target

Karvy

Stable Revenue Growth, rProfitability Dented by Higher Ad Spend and One-offs: Info Edge reported top-line growth of 15.5% YoY for Q4FY18 and 14.1% for FY18.Net revenue growth for Q4FY18 was aided by 12.3% revenue growth in recruitment business and a healthy 35.7% YoY growth in 99acres.com, albeit on a low base and due to a combination of strong traction in secondary sales market and broker drivenad revenues.

Geojit BNP Paribas released a Buy report for Info Edge (India) Ltd. with a price target of 1561.0 on 29 Aug, 2025.

Info Edge (India) Ltd.

31 May 2018

1337.00

-0.74%

Info Edge

Hold: Info Edge (India) Ltd.

Target

ICICI Securities Limited

EBITDA margins declined sharply by ~1000 bps QoQ to 24.7%, way below our estimate of 30 bps QoQ decline to 34.4% mainly due to higher-than-expected losses in 99acres and other businesses. Higher losses in the above-mentioned businesses were on account of higher advertising & promotion expenses (up 87.2% QoQ) Reported PAT was at | 13.8 crore, way below our estimate of | 70.3 crore mainly on account of a sharper than expected drag in margin performance and exceptional item worth | 70.3 crore (owing to...

Geojit BNP Paribas released a Buy report for Info Edge (India) Ltd. with a price target of 1561.0 on 29 Aug, 2025.

Info Edge (India) Ltd.

30 May 2018

1337.00

-0.74%

Margins bogged down by increased ad expenses

Buy: Info Edge (India) Ltd.

Motilal Oswal

30 May 2018 INFOEs standalone 4QFY18 revenue of INR2.4b grew 16% YoY, driven by 13% YoY growth in Naukri.com, 36% YoY growth in 99acres.com and 11% YoY growth in other businesses. While Naukri.com is being impacted by continued weakness in IT hiring, the worse seems to be behind for Real Estate. With RERA-related uncertainties too unwinding, robust growth can be expected in this business. EBITDA margin contracted 1,000bp QoQ (- 570bp YoY) to 24.7%, primarily due to a sharp increase in ad & promotion expenses (+87% QoQ, +120% YoY). Advertising ramp-up across businesses to consolidate market share is likely to continue over the near term. Adj. PAT rose 72% YoY to INR566m (est. of +105% YoY to INR675m), led by revenue beat, EBITDA miss and lower ETR. Reported PAT included impairment losses of INR703m associated with investee companies. Factoring in the revenue beat led by 99acres.

Number of FII/FPI investors decreased from 928 to 889 in Jun 2025 qtr

Info Edge (India) Ltd.

12 Feb 2018

1337.00

-0.74%

Info Edge (India) Ltd: Recruitment Segment Drives Growth; Su... (Feb 12, 2018)

Hold: Info Edge (India) Ltd.

Recommendation Target

Karvy

Despite slowdown in hiring by IT sector, the recruitment vertical reported robust figures for Q3FY18, marking 20.4% YoY growth in revenue and 13.2% YoY growth in billings. The recruitment vertical clocked an EBITDA margin of 57.0% duringQ3FY18, while Naukri India, reaping the benefits of scalability, reported EBITDA margin of 66.0%.

Info Edge (India) Ltd. has an average target of 1540.33 from 4 brokers.

Info Edge (India) Ltd.

05 Feb 2018

1337.00

-0.74%

Info Edge

Hold: Info Edge (India) Ltd.

Target

ICICI Securities Limited

Revenues grew 22.1% YoY to | 227.2 crore, largely in line with our estimate of 20.1% growth and | 223.5 crore At 34.7%, EBITDA margins fell ~470 bps QoQ below our estimate of 10 bps QoQ decline and 39.3% estimate mainly due to higher-thanexpected losses in 99acres (-| 8.9 crore vs. -| 1 crore in Q2FY18) and other businesses (-| 6.1 crore vs. -| 3.7 crore in Q2FY18). Provisions of | 3.9 crore were written back in recruitment business Adjusted PAT was at | 70.3 crore, below our estimate of | 82 crore. An exceptional item of | 16.9 crore owing to diminution in carrying...

Info Edge (India) Ltd. has an average target of 1540.33 from 4 brokers.

Info Edge (India) Ltd.

05 Feb 2018

1337.00

-0.74%

Info Edge

Hold: Info Edge (India) Ltd.

Target

Centrum Broking

Q3FY18 result highlights: Revenue was up 22.1% YoY to Rs2272mn on the back of healthy 20.4%YoY revenue growth in core recruitment business and 31% YoY growth in 99acres. Operating profit was up 68% YoY (6% below expectation) on the back of low single digit growth in employee cost and admin cost. A&P; spends was up 39% YoY on higher marketing for 99acres and jeevansaathi. Adj PAT was up 49% to Rs703mn on healthy operating profit. Slowdown in IT sector could hurt recruitment business: Billing growth in the recruitment business was mere 13.2% despite revenue growth of 20% as the...

Geojit BNP Paribas released a Buy report for Info Edge (India) Ltd. with a price target of 1561.0 on 29 Aug, 2025.

Info Edge (India) Ltd.

02 Feb 2018

1337.00

-0.74%

Info Edge India: Pick-up seen in Recruitment and 99acres

Buy: Info Edge (India) Ltd.

Target

Motilal Oswal

3Q largely in line: 3QFY18 standalone revenue grew 22% YoY to INR2,272m,led by a pickup in both Recruitment (20% YoY) and 99acres.com (31% YoY),from 6% YoY growth seen in 2Q. EBITDA margin expanded 940bp YoY to34.7%, a beat of 20bp. On a YoY basis, with most expenses flattish, INFOE has been able to ramp-up on advertising spend (+39% YoY). Adj. PAT grew49% YoY to INR703m, below our estimates, due to lower other income. Back on the growth trajectory: Over the last few quarters, growth has fallen in Recruitment due to softness in IT Services, and in 99acres due to uncertainty around RERA. Although IT hiring continues to be subdued, a meaningful pick-up was seen in other sectors; even the Gulf business saw growth. At the same time, with the uncertainty factor around RERA waning,a gradual revival is expected in the real estate business. Effectively, INFOE's performance trajectory has been thrown back to the levels before being impacted by the pain points

Info Edge (India) Ltd. has an average target of 1540.33 from 4 brokers.

Info Edge (India) Ltd.

01 Nov 2017

1337.00

-0.74%

Info Edge

Hold: Info Edge (India) Ltd.

Centrum Broking

We downgrade the stock to Hold with a revised TP of Rs1170 given a steep 36% rally in the stock price in last 6 month. While the long term growth prospects remain intact, we believe near term pain would continue in the 99acres business. Recruitment business is showing signs of recovery but is still not out of the woods. We believe the company would continue to invest in the new verticals of jeevansaathi and Shikha.com impacting margins. We believe the margins witnessed during the quarter are not sustainable given the A&P; campaign expected for both the core recruitment and real estate vertical in Q3FY18. Zomato turning cash neutral is a long term positive while...

Info Edge (India) Ltd. has an average target of 1540.33 from 4 brokers.

Is Info Edge (India) Ltd. worth buying?

477 Votes:

Buy 73.38%

Sell 18.87%

Hold 7.76%

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