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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Info Edge (India) Ltd

About the Company - Info Edge (India) Ltd

Info Edge (India) Ltd. is a Public Limited Listed company incorporated on 01/05/1995 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1995PLC068021 and registration number is 068021. Currently Company is involved in the business activities of Operation of web sites that use a search engine to generate and maintain extensive databases of internet addresses and content in an easily searchable format. Company’s Total Operating Revenue is Rs. 1562.46 Cr. and Equity Capital is Rs. 128.71 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
MiscellaneousGround Floor, GF-12A, 94, Meghdoot Building, New Delhi Delhi 110019investors@naukri.com
http://www.infoedge.in
Management
NamePosition Held
Mr. Kapil KapoorChairman
Mr. Sanjeev BikhchandaniFounder & Exe Vice Chairman
Mr. Hitesh OberoiManaging Director & CEO
Mr. Chintan ThakkarCFO & Wholetime Director
Ms. Geeta MathurInd. Non-Executive Director
Mr. Sharad MalikInd. Non-Executive Director
Mr. Ashish GuptaInd. Non-Executive Director
Mr. Sanjiv SacharInd. Non-Executive Director
Mr. Pawan GoyalInd. Non-Executive Director
Ms. Aruna SundararajanInd. Non-Executive Director
Mr. Arindam Kumar BhattacharyaInd. Non-Executive Director

Info Edge (India) Ltd. Share Price Update

Share PriceValue
Today₹5,467.20
Previous Day₹5,497.70

Basic Stock Data of Info Edge (India) Ltd

Market Cap 68,831 Cr.
Current Price 5,320
High / Low5,545/3,308
Stock P/E326
Book Value 1,524
Dividend Yield0.36 %
ROCE2.76 %
ROE1.64 %
Face Value 10.0

Data Source: screener.in

Info Edge (India) Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales261278301327364421473547604590605626626
Expenses307304269325329304402519558435497445496
Operating Profit-47-2732335117712947155107181130
OPM %-18%-10%10%1%10%28%15%5%8%26%18%29%21%
Other Income4037384132038,3154,801701327123-34-53364212
Interest1111111131148
Depreciation13121112131112151720202426
Profit before tax3426974321938,3364,90576033914999-447217308
Tax %4%3%28%19%12%6%5%14%37%53%-13%32%22%
Net Profit3286793111557,3694,6337202929446-503147240
EPS in Rs25.5152.8223.9711.83572.37357.3348.8313.877.99-9.02-21.1212.2815.88

Info Edge (India) Ltd Quarterly Chart

Info Edge (India) Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3924725677327488889881,1511,3121,1281,5892,3462,446
Expenses2823514717116568967691,1421,6621,0541,1431,9971,873
Operating Profit110121972191-92199-35074446348573
OPM %28%26%17%3%12%-1%22%1%-27%7%28%15%23%
Other Income59244889111504017372861,58413,810-116-291
Interest233434571411111815
Depreciation8122147243330224845457390
Profit before tax158130120601755585716-1261,60214,200141178
Tax %34%41%49%124%33%935%14%17%-95%12%9%150%
Net Profit1067660-14118-43501592-2461,41812,882-70-70
EPS in Rs9.468.398.212.0011.21-1.9542.0549.43-19.39109.98990.77-8.31-1.98
Dividend Payout %5%12%30%150%27%-230%13%12%-31%7%1%-228%

Info Edge (India) Ltd Profit & Loss Yearly Chart

Info Edge (India) Ltd Growth

Compounded Sales Growth
10 Years:17%
5 Years:19%
3 Years:21%
TTM:20%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:6%
TTM:-83%
Stock Price CAGR
10 Years:26%
5 Years:25%
3 Years:2%
1 Year:43%
Return on Equity
10 Years:6%
5 Years:6%
3 Years:8%
Last Year:-2%

Info Edge (India) Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital55109109120121121122122122129129129129
Reserves4734995631,2951,4221,4711,9232,4212,0735,26717,11313,26919,584
Borrowings11111111776564108274
Other Liabilities1822163878013824595506466218313,1773,1534,092
Total Liabilities7108251,0602,2171,9252,0532,5963,1892,8936,29220,48316,65824,079
Fixed Assets551521495768215788882421341,033801945
CWIP9101012010200040
Investments3152615381,1755685511,5651,2041,1332,32415,61412,40319,385
Other Assets3314023634551,2761,3439431,8951,5183,8343,8363,4503,749
Total Assets7108251,0602,2171,9252,0532,5963,1892,8936,29220,48316,65824,079

Info Edge (India) Ltd Reserves and Borrowings Chart

Info Edge (India) Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 10175815178213253276350276707521
Cash from Investing Activity -18-46-204-1,051-2-165-149-5997-2,043-1,177-367
Cash from Financing Activity -5-121301,025-66-42-75-78-1431,880352
Net Cash Flow781672511729138304113-435156

Info Edge (India) Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days8761264223272
Inventory Days
Days Payable
Cash Conversion Cycle8761264223272
Working Capital Days-151-136-138-151242185-2721833588355162
ROCE %32%25%16%2%12%3%15%4%-13%4%23%3%

Info Edge (India) Ltd Financial Efficiency Indicators Chart

Info Edge (India) Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters38.47%38.41%38.41%38.40%38.40%38.17%38.11%38.11%38.05%38.05%38.05%37.97%
FIIs40.54%39.33%37.74%37.77%36.37%33.99%32.72%31.81%31.88%31.41%31.54%31.21%
DIIs11.40%11.25%13.26%13.61%14.36%15.66%16.37%16.50%16.81%17.36%17.82%18.24%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.37%0.37%0.37%0.37%0.51%
Public9.48%10.81%10.41%10.11%10.78%12.12%12.59%13.03%12.69%12.66%12.09%11.98%
Others0.11%0.20%0.17%0.11%0.08%0.06%0.20%0.17%0.20%0.13%0.13%0.08%
No. of Shareholders73,8351,36,0251,79,1541,78,2632,41,6903,35,3573,60,2473,57,8813,35,1143,29,9922,95,1592,66,640

Info Edge (India) Ltd Shareholding Pattern Chart

No. of Info Edge (India) Ltd Shareholders

Info Edge (India) Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Axis Long Term Equity Fund39506385.181613.54
UTI Flexi Cap Fund18372053.08750.36
Axis Focused 25 Fund17748645.31724.9
Axis Bluechip Fund11272971.5460.42
SBI Magnum Midcap Fund3650481.13149.09
Nippon India Growth Fund3500000.75142.95
UTI Large Cap Fund3400001.25138.86
Axis Flexi Cap Fund3342451.29136.51
ICICI Prudential Technology Fund3203331.2130.83
Sundaram Mid Cap Fund2313001.1194.47

Info Edge (India) Ltd ROCE Trend

Info Edge (India) Ltd EPS Trend

Info Edge (India) Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-8.34991.38111.51-19.4649.53
Diluted EPS (Rs.)-8.34985.58110.72-19.4649.14
Cash EPS (Rs.)18.10833.83129.9843.4375.75
Book Value[Excl.RevalReserv]/Share (Rs.)1118.181402.48430.92179.57207.29
Book Value[Incl.RevalReserv]/Share (Rs.)1118.181402.48430.92179.57207.29
Revenue From Operations / Share (Rs.)181.82123.4687.15107.3094.33
PBDIT / Share (Rs.)74.5168.3432.9039.0235.49
PBIT / Share (Rs.)68.8564.8529.0135.1233.68
PBT / Share (Rs.)28.81932.73140.1449.3484.13
Net Profit / Share (Rs.)12.44830.34126.1039.5373.94
NP After MI And SOA / Share (Rs.)-8.32991.38109.48-19.4349.48
PBDIT Margin (%)40.9755.3537.7436.3637.62
PBIT Margin (%)37.8652.5233.2932.7235.70
PBT Margin (%)15.84755.47160.8045.9889.17
Net Profit Margin (%)6.84672.54144.6836.8378.38
NP After MI And SOA Margin (%)-4.57802.98125.61-18.1152.44
Return on Networth / Equity (%)-0.8074.0025.77-10.8223.74
Return on Capital Employeed (%)5.804.316.5419.0016.15
Return On Assets (%)-0.6462.2921.95-8.1918.92
Asset Turnover Ratio (%)0.120.130.260.400.39
Current Ratio (X)2.743.044.412.383.00
Quick Ratio (X)2.743.044.412.383.00
Dividend Payout Ratio (NP) (%)-179.831.610.00-41.1311.10
Dividend Payout Ratio (CP) (%)-561.601.600.00-51.4710.70
Earning Retention Ratio (%)279.8398.390.00141.1388.90
Cash Earning Retention Ratio (%)661.6098.400.00151.4789.30
Interest Coverage Ratio (X)131.05189.1272.6158.20389.10
Interest Coverage Ratio (Post Tax) (X)92.32-103.8933.0437.74257.55
Enterprise Value (Cr.)48551.9158503.7354396.2224368.1022210.81
EV / Net Operating Revenue (X)20.7036.8248.5618.5719.30
EV / EBITDA (X)50.5166.51128.6651.0851.29
MarketCap / Net Operating Revenue (X)20.5036.5449.0718.9819.54
Retention Ratios (%)279.8398.380.00141.1388.89
Price / BV (X)3.593.3710.0711.348.84
Price / Net Operating Revenue (X)20.5036.5449.0718.9819.54
EarningsYield0.000.210.02-0.010.02

Info Edge (India) Ltd Profitability Ratios (%)

Info Edge (India) Ltd Liquidity Ratios

Info Edge (India) Ltd Liquidity Ratios (%)

Info Edge (India) Ltd Interest Coverage Ratios (%)

Info Edge (India) Ltd Valuation Ratios

Fair Value of Info Edge (India) Ltd Stock

Fair Value: ₹8177.25

The stock is undervalued by 53.71% compared to the current price ₹5320

*Investments are subject to market risks

Strength and Weakness of Info Edge (India) Ltd Stock

StrengthWeakness
  1. The company has higher reserves (5,182.54 cr) compared to borrowings (45.85 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (368.85 cr) and profit (165.92 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 46.30 and average Dividend Yield of 38.42%.
  2. The stock has a low average ROCE of 10.50%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 98.33, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 5.08, which may not be favorable.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Info Edge (India) Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE