TrueCAGR
Info Edge(India) · Research view

Info Edge(India) Ltd.

NSE: NAUKRIBSE: 532777ISIN INE663F01032Face value ₹2consolidated
₹1,197
−1.76% · 2026-10-01 · 52-wk ₹926–₹1,396
Financials to FY2026 · 8 years of history · prices to 2026-10-01consolidatedstandalone
Section 02 · Synthesis

What stands out?

The strongest observations the engine found, ranked. Every line is generated from the filed numbers by a fixed rule — no opinion, no estimate.

StrengthConcernWatchContext
WatchTalking point

Sharp margin drop

EBITDA margin dropped 4.3 percentage points in a single year, from 72.2% to 67.9% — worth investigating.

Importance 66 / 95 · anomaly

StrengthTalking point

Profit outpacing revenue

Profit grew 34.6% while revenue grew 15.3%, so the company kept more of each rupee of revenue as profit.

Net profit growth+34.6%Revenue growth+15.3%

Importance 65 / 95 · growth

WatchTalking point

Growing, but light on cash

Revenue grew 15.3% but only 0.61× of reported profit came through as operating cash.

Importance 62 / 95 · cash quality

WatchTalking point

Volatile earnings

Profit has swung sharply over 5 years (from ₹-246 to ₹1,763) — one year is a weak guide to the earnings power.

Importance 60 / 95 · growth

Section 03 · The company

Who is this company?

Classified by the exchange under Consumer Discretionary › Consumer Services › Retailing › Internet & Catalogue Retail.

Market cap
₹77,590 cr
FY2026 revenue
₹3,285 cr
FY2026 net profit
₹1,763 cr
Net worth
₹40,369 cr
Total debt
₹0 cr
EPS (basic)
₹22.39
Listed
NSE · BSE
Reporting
Ind-ASApr–Mar

Peer set used on this page: 9 retailing.

Section 04 · Business performance

Is the business growing?

Revenue & net profit — FY19 to FY26₹ crore · consolidated
₹'000 cr0123401020REVENUENET PROFIT1k592FY191k-246FY201k1,409FY212k12,882FY222k-70FY233k595FY243k1,310FY253k1,763FY26
RevenueNet profit
Watch

Revenue grew 15.3% but EBITDA margin fell 4.3 percentage points to 67.9%, so the company kept less of each rupee of revenue as operating profit.

Rule REVENUE_UP_MARGIN_DOWN

Revenue growth per year
+16.2%over 7 years
Revenue growth
+15.3%vs last year
Net profit growth
+34.6%vs last year
Change in net profit since FY19
+198%

Profit grew 34.6% while revenue grew 15.3%, so the company kept more of each rupee of revenue as profit.

Profit has swung sharply over 5 years (from ₹-246 to ₹1,763) — one year is a weak guide to the earnings power.

Revenue compounded at 16.2% a year over 7 years (₹1,151 → ₹3,285) — though FY2023 saw a one-off step-change of 48% (a merger, restructuring or a recovery off a low base), so the compounding is uneven.

Net profit grew 34.6% year on year (FY2025 → FY2026).

Revenue grew 15.3% year on year (FY2025 → FY2026).

Section 05 · Recent activity

What changed recently?

Quarterly results, the trailing-twelve-months snapshot, and verified corporate actions — kept separate from each other and from the annual story above. Every figure traces to a filed number; nothing here is external news or commentary.

Strength

Q1 FY27 net profit was ₹490 cr, up 42.9% from ₹343 cr a year earlier.

Rule QTR_PROFIT_GROWTH_YOY

Strength

Q1 FY27 net profit grew 42.9% while revenue grew 11.4% vs the same quarter last year — a gap of 31.6 percentage points.

Rule QTR_PROFIT_VS_REVENUE_GROWTH

Strength

Q1 FY27 revenue was ₹881 cr, up 11.4% from ₹791 cr in Q1 FY26 a year earlier.

Rule QTR_REVENUE_GROWTH_YOY

A. Quarterly results

Latest quarters — Q2 '25 to Q1 '27₹ crore · consolidated
₹'000 cr00011001REVENUENET PROFIT70185Q2 '25722288Q3 '25750678Q4 '25791343Q1 '26805347Q2 '26819317Q3 '26869756Q4 '26881490Q1 '27
RevenueNet profit
QuarterRevenueYoYNet profitYoYNet margin
Q2 FY25701—85—12.1%
Q3 FY25722+15.2%288+141.5%39.9%
Q4 FY25750+14.0%678+670.7%90.4%
Q1 FY26791+16.9%343+32.4%43.4%
Q2 FY26805+14.9%347+310.1%43.1%
Q3 FY26819+13.4%317+9.8%38.7%
Q4 FY26869+15.9%756+11.5%87.0%
Q1 FY27881+11.4%490+42.9%55.6%

B. TTM snapshot

Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters

Revenue
₹3,375 crTTM
EBITDA
₹2,286 crTTM
EBIT
₹2,160 crTTM
PBT
₹2,312 crTTM
Net profit
₹1,910 crTTM

C. Corporate actions

24 Jul 2026DividendFinal Dividend - Rs. - 3.6000 — ₹3.60/share
20 Feb 2026DividendInterim Dividend - Rs. - 2.4000 — ₹2.40/share
21 Nov 2025DividendInterim Dividend - Rs. - 2.4000 — ₹2.40/share
25 Jul 2025DividendFinal Dividend - Rs. - 3.6000 — ₹3.60/share
7 May 2025Stock splitStock Split From Rs.10/- to Rs.2/- — 10:2
19 Nov 2024DividendInterim Dividend - Rs. - 12.0000 — ₹12.00/share
29 Jul 2024DividendFinal Dividend - Rs. - 12.0000 — ₹12.00/share
17 Nov 2023DividendInterim Dividend - Rs. - 10.0000 — ₹10.00/share
28 Jul 2023DividendFinal Dividend - Rs. - 9.0000 — ₹9.00/share
18 Nov 2022DividendInterim Dividend - Rs. - 10.0000 — ₹10.00/share
18 Aug 2022DividendFinal Dividend - Rs. - 5.0000 — ₹5.00/share
17 Jan 2022DividendInterim Dividend - Rs. - 8.0000 — ₹8.00/share
21 Jun 2021DividendInterim Dividend - Rs. - 8.0000 — ₹8.00/share
18 Feb 2020DividendInterim Dividend - Rs. - 3.5000 — ₹3.50/share
21 Nov 2019DividendInterim Dividend - Rs. - 2.5000 — ₹2.50/share
5 Aug 2019DividendFinal Dividend - Rs. - 2.0000 — ₹2.00/share
7 Feb 2019DividendInterim Dividend - Rs. - 1.5000 — ₹1.50/share
9 Nov 2018DividendInterim Dividend - Rs. - 2.5000 — ₹2.50/share
16 Jul 2018DividendFinal Dividend - Rs. - 1.5000 — ₹1.50/share
9 Feb 2018DividendInterim Dividend - Rs. - 1.5000 — ₹1.50/share
8 Nov 2017DividendInterim Dividend - Rs. - 2.5000 — ₹2.50/share
13 Jul 2017DividendFinal Dividend - Rs. - 1.5000 — ₹1.50/share
3 Mar 2017DividendInterim Dividend - Rs. - 1.5000 — ₹1.50/share
4 Nov 2016DividendInterim Dividend - Rs. - 1.5000 — ₹1.50/share
18 Mar 2016DividendInterim Dividend - Rs. - 2.0000 — ₹2.00/share
Section 06 · Business performance

Is it becoming more profitable?

Margins — FY19 to FY26% of revenue · consolidated
-20%-15%-10%-5%0%5%10%15%20%25%30%35%40%45%50%55%60%65%70%75%80%85%90%95%100%105%110%115%120%125%130%135%140%145%150%155%160%165%170%175%180%185%190%195%200%205%210%215%220%225%230%235%240%245%250%255%260%265%270%275%280%285%290%295%300%305%310%315%320%325%330%335%340%345%350%355%360%365%370%375%380%385%390%395%400%405%410%415%420%425%430%435%440%445%450%455%460%465%470%475%480%485%490%495%500%505%510%515%520%525%530%535%540%545%550%555%560%565%570%575%580%585%590%595%600%605%610%615%620%625%630%635%67.9%40.6%FY19FY20FY21FY22FY23FY24FY25FY26
EBITDA marginNet margin
Context

EBITDA margin has ranged from 36.4% to 72.2% over 7 years and sits at 67.9% now.

Rule MARGIN_RANGE_MULTIYEAR

EBITDA margin now
67.9%
8-year range
36.4–72.2%
ROE FY2026
4.6%
ROCE FY2026
5.5%
Section 07 · Financial health

Is financial health improving?

Net worth — FY19 to FY26₹ crore · consolidated
₹'000 cr01733503kFY192kFY206kFY2118kFY2214kFY2332kFY2437kFY2540kFY26
Net worth (shareholders' funds)
Watch

Revenue grew 15.3% but only 0.61× of reported profit came through as operating cash.

Rule GROWTH_WITH_WEAK_CASH

Operating cash flow vs net profit₹ crore · FY21–FY26
0k7k13k20k2761kFY2170713kFY22521-70FY23702595FY248761kFY251k2kFY26
Operating cash flowNet profit
Total debt
₹0 cr
Operating cash flow ÷ net profit
0.61×FY2026
Free cash flow
₹1,003 cr
Current ratio
2.47×

Net worth compounded at 48.5% a year over 7 years (₹2,529 → ₹40,369) — though FY2022 saw a one-off step-change of 226% (a merger, restructuring or a recovery off a low base), so the compounding is uneven.

Operating cash flow was only 0.61× reported profit (FY2026).

Free cash flow has been positive in 6 of the last 6 years.

Section 08 · Relative position

How does it compare with peers?

Ranked against 9 retailing (FY2026, consolidated).

Revenue growth

NAUKRI · 7th of 7 · set median 20.4%

ETERNAL168.6%SWIGGY51.4%NYKAA26.1%VMM20.4%TRENT17.2%DMART15.9%NAUKRI15.3%

EBITDA margin

NAUKRI · 1st of 9 · set median 7.8%

NAUKRI67.9%LENSKART21.9%TRENT18.9%VMM15.3%NYKAA7.8%DMART7.6%ETERNAL4.8%MEESHO-8.0%SWIGGY-11.8%

Return on equity

NAUKRI · 6th of 9 · set median 5.7%

TRENT27.1%NYKAA14.3%DMART12.9%VMM12.1%LENSKART5.7%NAUKRI4.6%ETERNAL1.2%SWIGGY-29.1%MEESHO-31.0%

P/E ratio

NAUKRI · 1st of 7 · set median 81.2×

NAUKRI40.6×TRENT50.9×VMM52.2×DMART81.2×LENSKART179.7×NYKAA357.0×ETERNAL665.4×
Context

P/E of 40.62× is below the retailing median (81.24×) — but ROE of 4.6% is also below that peer set (5.7%), so the lower multiple tracks the lower profitability.

Rule CHEAP_VS_LOW_RETURNS

P / E
40.6×TTM to Jun 26
P / B
1.9×latest book
P / S
23.0×TTM sales
Earnings yield
2.5%TTM to Jun 26

On the trailing twelve months. Last full year: P/E 44.0× · P/S 17.9× · ROE 4.6%. TTM and full-year revenue differ by more than 15% — a one-off in a recent quarter is moving the trailing figure; weigh it against the full year.

Section 09 · The stock

How has the stock performed?

Adjusted close — 2020-01 to 2026-10₹ per share · split / bonus adjusted
0k₹1,1972020202120222023202420252026
Context

Over 5 years profit compounded at 24.4% a year while the stock fell 1.4% a year — the FY2021 base was somewhat depressed, so part of this is recovery rather than trend.

Rule STOCK_LAGGED_EARNINGS · rebound

Business vs stock — 5-year compound annual rate
Net profit24.4%/yrShare price-1.4%/yr
1-year return
−10.6%
3-year return
+43.6%
5-year return
−6.9%
From 52-wk high
−14.3%
Section 10 · Technical data

What does the technical data say?

Price-action indicators as of 2026-10-01. Secondary to the fundamentals above — included for timing context, not as a signal.

vs 50-day avg
Below₹1,285
vs 200-day avg
Above₹1,149
RSI (14)
36.6neutral
MACD histogram
-8.5
From 52-wk high
−14.3%
From 52-wk low
+29.2%
30-day volatility
29.9%ann.
6-month return
+23.7%
RSI (14) · 0–10036.6 — neutral
0305070100OVERSOLDOVERBOUGHT36.6
Section 11 · Open questions

What should I investigate further?

Observations the engine tagged watch or deteriorating — prompts for your own research, not conclusions.

  • Watch
    Sharp margin drop
    EBITDA margin dropped 4.3 percentage points in a single year, from 72.2% to 67.9% — worth investigating.
    MARGIN_SHARP_DROP · conviction 66
  • Watch
    Growing, but less profitably
    Revenue grew 15.3% but EBITDA margin fell 4.3 percentage points to 67.9%, so the company kept less of each rupee of revenue as operating profit.
    REVENUE_UP_MARGIN_DOWN · conviction 66
  • Watch
    Growing, but light on cash
    Revenue grew 15.3% but only 0.61× of reported profit came through as operating cash.
    GROWTH_WITH_WEAK_CASH · conviction 62
  • Watch
    Volatile earnings
    Profit has swung sharply over 5 years (from ₹-246 to ₹1,763) — one year is a weak guide to the earnings power.
    EARNINGS_VOLATILE · conviction 60
  • Concern
    Weak cash conversion
    Operating cash flow was only 0.61× reported profit (FY2026).
    WEAK_CASH_CONVERSION · conviction 51
  • Cash-flow-statement facts are unavailable for FY2019, FY2020 — those filings predate SEBI's Cash Flow Statement disclosure requirement. All other loaded years carry full P&L, balance sheet and cash-flow data.
Section 12 · Reference

The numbers

The full statements, kept deliberately secondary. Every figure traces to a BSE Integrated Filing (inline XBRL); ratios are recomputed from the normalised facts.

Income & balance sheet — ₹ crore, consolidated
MetricFY19FY20FY21FY22FY23FY24FY25FY26
Revenue1,1511,3121,1201,5892,3462,5362,8503,285
Total income1,2711,4161,2702,0292,7392,9503,9234,343
EBITDA4334774238809611,2432,0582,231
Profit before tax1,0266031,80112,0053721,0092,0682,120
Net profit592−2461,40912,882−705951,3101,763
EPS (₹)49.5−19.5111.5991.4−8.344.614.922.4
Net worth2,5292,1965,53818,05114,42631,62836,81640,369
Total debt00012310
Operating cash flow——2767075217028761,076
Free cash flow——2676864636737931,003
Key ratios — consolidated
RatioFY19FY20FY21FY22FY23FY24FY25FY26
Growth
Revenue growth YoY—14.0-14.641.947.68.112.315.3
Profit growth YoY—-141.5————120.334.6
Profitability
EBITDA margin %37.636.437.755.441.049.072.267.9
Net margin %46.6-17.4111.0634.8-2.620.233.440.6
Return on equity %23.4-10.436.4109.2-0.42.63.84.6
Return on capital %16.218.29.67.15.55.05.75.5
Leverage & cash
Debt to equity0.000.000.000.000.000.000.000.00
Cash flow ÷ profit——0.200.05—1.180.670.61
Current ratio3.002.384.413.022.722.882.572.47
Financials: BSE Integrated Filing inline XBRL (SEBI taxonomy), normalised to standard metric keys. Prices: NSE end-of-day, raw OHLC preserved; a corporate-action factor produces the adjusted series. The insight engine writes factual observations from fixed rules — it does not make recommendations. Not investment advice.