Info Edge (India) Ltd

Meeting Details

• Pictet Asset Management: 1:1 meeting, Aug 24, 2026, Virtual; IR representative.
• Quantum Advisors: 1:1 meeting, Aug 24, 2026, Noida; IR representative.
• RAAS Partners: 1:1 meeting, Aug 26, 2026, Noida; IR representative.
• Goldman Sachs Asia Leaders Conference 2026: investor conference (1:1 & group), Aug 31–Sep 1, 2026, Hong Kong; IR.

Availability

• Latest investor presentation available on company website.

Factrika investment

• Target: Udyogtech Ventures Private Limited (Factrika), India-based on-demand industrial workforce platform.
• First Tranche: 1 equity share and 3,098 CCPS for Rs 8.90 crore.
• Post-First Tranche ownership: 18.58% fully diluted.
• Second Tranche to raise stake to ~26% fully diluted.
• Second Tranche completion expected by 31 March 2027.
• Shareholders' Agreement to record inter se rights.
• Regulatory approvals: Not Applicable.
• Not a related party initially; becomes related party after First Tranche.
• Purpose: strategic investment with potential synergies and alignment.
• Cost: First Tranche Rs 8.90 crore; Second Tranche to be determined.
• Incorporated July 2, 2024; presence in India.
• Turnover: 2025-26 Rs 3.69 crore; 2024-25 Rs 0.03 crore.

SIHL investment

• Target: Startup Investments (Holding) Limited (SIHL), India-focused tech investment entity.
• Wholly-owned subsidiary; 100% stake held by Info Edge.
• Investment cost: About Rs 90 Crores.
• Acquisition: 3,022,162 CCDs at Rs 297.80 per CCD; SIHL remains wholly-owned.
• Regulatory approvals: Not Applicable.
• Timeline: Within 30 days from approval.
• Purpose: enable investments into AIFs and related activities.
• Industry: direct/indirect investments in tech companies.
• Background: SIHL incorporated March 4, 2015; India; turnover Nil in last three years.

Financial Performance

• Standalone revenue Rs 824 crore, up 12% YoY; Standalone OP Rs 334 crore, up 33%.
• Operating margin >40%; CFO Rs 225 crore, up 25%; cash balance Rs 5,034 crore.
• Recruitment billings up over 17%; Q1 revenue up 13%; OP up 25%; PBT margin 58%.
• Jobseeker margin 63%; MAU paid subscribers rose 1.3% to 2.6% over six quarters.

Segment Update

• 99acres: Billings + ~17%; revenue +17%; OPBT losses down 89%, near break-even.
• Traffic leadership: web timeshare 49%, app 55%, iOS 69% (SimilarWeb); app DAUs +38% YoY.
• 99Shorts launched in NCR; plan expansion to additional cities; new project market > Rs 5,000 cr.
• Matchmaking (Jeevansathi/Aisle): billing +20% YoY; Jeevansathi +14%; Aisle +44%; near break-even OPBT.
• Shiksha: billings -23%; revenue -12%; OPBT profitable; AI headwinds; investing in counselling & voicebots; study abroad softer in US/Canada; expanding to UK/UAE/Europe.

AI, Monetization and Portfolio

• AI embedded across recruitment, real estate, matchmaking; 15-20% efficiencies; AI is not charged separately in most cases.
• AI-Rex: live across >4,000 enterprise customers; >10% paying; consultants also covered; July adds ~300 more.
• Talent Pulse: >600 paid customers; salary planning tools expanding usage.
• Naukri database now ~118 million resumes; ~25,000 new profiles daily; ~850,000 daily profile modifications.

Balance Sheet and Cash Flow

• Cash balance at quarter-end: Rs 5,034 crore; Cash from operations: Rs 225 crore; YoY CFO up 25%.

Outlook and Guidance

• 99acres positioned to sustain healthy growth and become cash-generative in FY27.
• If topline grows in the teens, margins should improve.
• No near-term plan for international expansion; focus remains domestic.
• Job Hai to expand to 18 cities; potential revenue around Rs 100 crore in 2–3 years; burn ~Rs 50 crore/year.

Q&A Highlights

• About one-third of Naukri growth from renewals and higher volume; GCCs +31%, IT +15%, non-IT +12%; consultants ~flat.
• AI-Rex pricing: Rs 3,500 per mandate for companies; Rs 2,500 per mandate for consultants; 400 paid from 4,000 trials; Q2 free-trial expanded to 10,000; July uptick.
• Jobseeker margins improved to 63%; AI revenue run-rate on Jobseeker ~7–8% per month.
• 99acres profit last quarter was aided by a one-off Rs 20 crore; current quarter loss of Rs 2 crore; cost-control underway.
• International expansion not planned; GCC margins tend to be higher; volume growth tied to macro hiring.
• Job Hai: burn ~Rs 50 crore/year; plan to scale to 18 cities; potential to reach ~Rs 100 crore revenue in 2–3 years.

Meeting Details

• Date and time: Aug 10, 2026 at 05:00 PM IST.
• Type and mode: post-result conference call, virtual.
• Organiser: Info Edge (India) Limited.

Participants

• Key company participants: Company Secretary & Compliance Officer.

Purpose

• Purpose: Earnings results discussion for Q1 FY2026-27.

Recordings

• Recordings: Audio and video recordings will be available on the company website.