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Info Edge (India) Limited (NAUKRI)

Mid Cap

Services stocks · Mid cap · NSE

Info Edge operates internet-based service delivery in India, primarily through Naukri.com (recruitment), 99acres.com (real estate), Jeevansathi.com (matrimony), and Shiksha.com (education). It provides online platforms for job search, property listings, matrimonial services, and educational information.

₹1,216
-4.00 · -0.33%
Market cap ₹79,107 Cr
IndicesNifty 500
Data qualityFresh enough for analysisQuote updated 21 Oct, 11:45 am IST
Details
Quote21 Oct, 11:45 am IST
Base fundamentals20 Oct 2026 · screener
Latest result16 Aug, 12:37 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.7 (n=143)
Technical timing lens

Trend score and candlestick chart

52Neutral

SMA20 -5.4% / mo · MACD +

Stock trend: 52
Sector RS: —

FPI equity flow was positive in both fortnights, but exact sector-index confirmation is unavailable. View sector evidence

Technical chart

NAUKRID candles · FIT view+21.0%TODAY · PROVISIONAL
Latest price ₹1216.00 on 2026-10-21

Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.

Bar
-1.3%
RSI
45
MACD hist
2.68
52W pos
60%
Visible chart range
Candle interval
2026-10-21O ₹1232.00H ₹1250.00L ₹1213.40C ₹1216.00Vol 3.4L shIntraday candle
₹884.16₹1.02k₹1.15k₹1.28k₹1.42k52L₹1216.002026-032026-06VolRSIMACD2026-042026-062026-082026-092026-11
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

NAUKRINifty 500
-10%-0%+9%+18%20 Jul1 Sept19 Oct19 Oct 2026NAUKRI +2.4%Nifty 500 -5.6%
NAUKRI
+2.4%
Nifty 500
-5.6%
Vs Nifty 500
+8.0 pp
Chart stats
19 Oct 2026
From 52W high
-14.1%
₹1,419.9
52W range position
61%
₹908.3 - ₹1,419.9
ATR (14)
3.3%
₹39.7
Volume vs 20D
0.47x
Latest completed session
Avg traded value
₹191 Cr
20-session average
20D price channel
₹1,180.3 - ₹1,322.7
39.6% annualized volatility

No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.

Research snapshot

What the evidence says now

Weak fundamentals, management trust is acceptable, price trend is neutral, and recent execution is consistent.

Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST
42

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Excellent
80

Revenue +11.4% · PAT +42.9% YoY

Technical
Neutral
52

Price trend and sector-relative-strength timing.

Valuation
Legacy model
-85.7%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Mixed Trust
68

medium confidence · 3/4 claims checked

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 30 Jun 2026

Excellent · 80/100

Rev +11% YoY · PAT +43% YoY · margin expansion · operating leverage

Filed 30 Jun 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹881 Cr+11.4%+1.4%
EBITDA₹341 Cr+31.2%+2.1%
Operating margin39.0%+600 bps+100 bps
PAT₹490 Cr+42.9%-35.2%
PAT margin55.6%+1226 bps-3138 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
53.60
P/B
2.09
EV/EBITDA
57.72
Market Cap
79107.00Cr

Profitability

ROE
1.81%
ROCE
3.45%
ROA
3.71%
Dividend Y
0.70%

Growth (CAGR)

Revenue 5Y
24.00%
EPS 5Y
39.00%
Revenue 3Y
12.00%
EPS 3Y
62.00%

Balance Sheet

Debt/Equity
0.01
Interest Coverage
46.26×
Altman Z
6.48
Book Value
585.00

Cash Flow

FCF Yield
0.59%
FCF Positive Y
8/5
OCF
1076.00 Cr
EPS TTM
24.67

Shareholding

Promoter Hold
37.48%
Promoter Pledge
0.00%
Momentum 52W
61%

Financial History

Updated 19/10/2026

Revenue

₹ Cr
Latest: 881+1.4% vs prev
0881.0Sep 2023: 626Dec 2023: 627Mar 2024: 657Jun 2024: 677Sep 2024: 701Dec 2024: 722Mar 2025: 750Jun 2025: 791Sep 2025: 805Dec 2025: 819Mar 2026: 869Jun 2026: 881Q2 23Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26

Net Profit

₹ Cr
Latest: 490-35.2% vs prev
0756.0Sep 2023: 240Dec 2023: 119Mar 2024: 88.0Jun 2024: 259Sep 2024: 85.0Dec 2024: 288Mar 2025: 678Jun 2025: 343Sep 2025: 348Dec 2025: 317Mar 2026: 756Jun 2026: 490Q2 23Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26
ROE is shown only in the Annual view — quarterly equity data isn't published.

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Mixed signals

Signals are conflicting — long-term uptrend intact. RSI 45. Wait for confirmation.

  • Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
  • SMA20 falling (~5.8% over last month) — short-term momentum negative.
  • RSI(14) at 45 — sideways, no extreme reading.
  • MACD above signal, histogram expanding — bullish momentum building.
  • 14% off 52W high · 34% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Nifty 500 leadership

Relative Strength & Trend Stage

65
RS percentile
Stage 2 UptrendEstablished S2
1M return
-2.5%
3M return
+2.4%
6M return
+15.9%
1Y return
-12.0%
RS 1D
-3
RS 20D
0
Sector rank
#4
Industry rank
-
Stage evidence
  • Price is 8.8% above the 30-week proxy.
  • The 50-DMA is above the 30-week proxy and its slope is rising +2.9%.
  • Both 3-month and 6-month returns are positive.
50-DMA
price below
200-DMA
price above
S2 entered
03 Sept 2026
S2 age
31 trading sessions
Sector
leading
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 95.65-2.57%
69788796105Sept 25Feb 26Jun 26Oct 2696
RS vs Nifty 50096

Valuation & peers

U-Score 42 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies

42U-SCORE
WATCHLIST

Fundamental score breakdown

U band · WATCHLIST
Valuation0/30
Growth22/25
Quality0/20
Balance Sheet9/15
Cash Flow6/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
42

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

42/100 · legacy band WATCHLIST

Positive drivers

  • Piotroski is strong at 8/9.
  • Growth contributes 22/25 to the score.
  • Balance sheet contributes 9/15 to the score.

Main drags

  • Fair-value margin of safety is negative at -85.7%.
  • Valuation is weaker at 0/30; verify the latest quarterly trend.
  • Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model

Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks

For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.

Blended relative
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
53.6
PB
2.1
EV/EBITDA
57.7
ROE
1.8%
ROCE
3.5%
FCF Yield
0.6%
Debt/Equity
0.0
MoS
-85.7%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
42
Previous: 42
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-85.7%
Previous: -86.3%

Score history

12 stored score snapshots. Latest stored move: +0 points.

21 Oct 2026
v4.3-runtime-valuation
42
42
42
42
42
42
42
42
42
42
42
42

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹569.84
-113.4% MoS
Growth-justified P/E
26.6
Growth-justified Value
₹654.99
-85.7% MoS
PEG
1.11

Comparable companies

Peers

Business-comparable peers in Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
CARTRADE
Large
Cartrade Tech Limited
Internet Services
match 48
38
61.5
9.7%
-136%
WATCHLIST
JUSTDIAL
Micro
Just Dial Limited
Internet Services
match 46
48
12.7
3.4%
-16%
FAIR VALUE
SWIGGY
Mid
Swiggy Limited
Internet Services
match 44
15
—
-29.1%
—
OVERVALUED
GMRAIRPORT
Mid
GMR AIRPORTS LIMITED
Logistics
match 17
31
172.0
—
-638%
OVERVALUED
CONCOR
Mid
Container Corporation of India Limited
Logistics
match 14
34
27.1
9.8%
-2%
WATCHLIST

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Where growth can come from, and what can break the case

Thesis under stressReviewed 2026-06-04T07:08:37.885Z
Management commentary snapshot

Info Edge reported strong Q4 FY26 revenue growth across segments, with Recruitment Solutions and 99acres showing sequential and YoY improvement. 99acres turned profitable in Q4, a key positive, though full-year losses persisted. Net profit was significantly boosted by exceptional gains from investment revaluation.

While core recruitment and real estate segments show revenue growth and 99acres achieved Q4 profitability, the ongoing whistle-blower investigation in 99acres and the full-year loss in the segment are concerning. The impact of tax rate changes on deferred tax also adds a layer of complexity.

Current business mix

Revenue from Operations by Segment (Q4 FY26)

Latest issuer-disclosed distribution across 3 reported categories.

Businessmix
Recruitment Solutions72.2%
99acres for real estate17.8%
Others9.9%
Growth engines

Recruitment Solutions

INTACT

This segment continues to be the largest revenue contributor, showing consistent YoY and QoQ growth in Q4 FY26.

99acres Real Estate

INTACT

The segment demonstrated strong revenue growth and achieved profitability in Q4 FY26, indicating potential for future contribution.

Strategic Investments

INTACT

The company continues to make significant investments in controlled trusts and subsidiaries, indicating a strategy for future growth avenues.

Tailwinds

Digital Adoption

INTACT

The company operates internet-based service delivery, benefiting from ongoing digital transformation and online platform usage in India.

Headwinds

Increased Tax Rate

INTACT

Change in Finance Act 2024 raised the effective tax rate on long-term capital gains from 11.44% to 14.30%, leading to an incremental deferred tax charge.

Risk radar

99acres Investigation

UNDER_STRESS

A whistle-blower complaint alleging violations and/or fraudulent actions by certain employees in the 99acres segment is under investigation by an independent law firm and forensic experts.

Investment Valuation Volatility

INTACT

Significant unrealized mark-to-market gains/losses on financial investments (e.g., PB Fintech) are routed through OCI, leading to volatility in comprehensive income.

Merger Scheme Delays

UNDER_STRESS

The scheme of amalgamation for wholly-owned subsidiaries faces an appeal before NCLAT against an NCLT order, potentially delaying integration benefits.

Management accountability

What management said, and what results must prove

Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.

Nov 2025
Analyst reading lens
Compare BOTH

YoY comparison is crucial for assessing overall annual growth and performance trends, especially for a services business. QoQ comparison is important to track sequential momentum, particularly for segments like 99acres showing a turnaround in profitability.

Sector KPIs management disclosed

Recruitment Solutions Revenue Growth

Positive

Q4 FY26 revenue at 5,812.77 Mn, up from 5,112.44 Mn YoY and 5,749.33 Mn QoQ. FY26 revenue grew to 22,559.44 Mn from 19,826.18 Mn in FY25.

99acres Revenue Growth

Positive

Q4 FY26 revenue at 1,436.05 Mn, up from 1,058.00 Mn YoY and 1,185.78 Mn QoQ. FY26 revenue grew to 4,880.58 Mn from 4,107.93 Mn in FY25.

99acres Segment Profitability

Positive

99acres reported a segment profit before tax of 341.00 Mn in Q4 FY26, compared to a loss of (204.61) Mn in Q3 FY26 and (148.63) Mn in Q4 FY25.

Operating Cash Flow

Positive

Net cash flow from operating activities for FY26 was 11,686.55 Mn, up from 9,344.55 Mn in FY25.

Management forward view

Dividend Policy

INTACT

The Board recommended a final dividend of Rs. 3.60 per equity share for FY26, in addition to two interim dividends paid during the year.

Strategic Investments

INTACT

The company continues to invest in controlled trusts and subsidiaries, with significant amounts paid for such investments in FY26.

Thesis monitor

Numbers and claims to verify in the next filings

CheckpointCurrent evidenceWhat to verify next
99acres ProfitabilityQ4 FY26 segment profit before tax of 341.00 Mn.Sustained profitability and growth in the 99acres segment in subsequent quarters.
99acres Investigation OutcomeIndependent investigation ongoing into whistle-blower complaint regarding 99acres.Resolution of the investigation and any potential financial or operational impact.
Merger Scheme ProgressAppeal filed with NCLAT regarding the amalgamation scheme for subsidiaries.Timely approval and completion of the merger scheme to realize integration benefits.
Unutilized QIP Funds10,073.89 Mn balance unutilized funds from QIP as of March 31, 2026.Deployment strategy and utilization of remaining QIP funds for growth initiatives.

Verification checkpoints are IndiaPulse research interpretation, not investment advice.

Show extracted source claims
cash flow improvementnot yet verifiable

The non-recruitment businesses will continue to grow steadily and reduce cash losses.

Timeframe: ongoingDirection: growth, reductionConfidence: high

"The non-recruitment businesses continue to grow steadily and reduce cash losses"

margin outlookpartially delivered

The Jeevansathi business intends to stay within its current marketing expense range while continuing to operate at or near breakeven levels, subject to changes in competitive intensity.

Direction: maintain breakevenConfidence: intends to

"The business intends to stay within this range while continuing to operate at or near breakeven levels"

Outcome check: OPM moved from 35.0% to average 37.0% (+2.0 pp).

revenue outlookdelivered

Traffic share gains in 99acres will ultimately translate into billing growth, but with some lag.

Timeframe: ultimately, with some lagDirection: growthConfidence: believe

"We believe traffic share gains will ultimately translate into billing growth"

Outcome check: Revenue YoY averaged 14.6% across 2 later quarter(s).

revenue outlookdelivered

Niche and adjacent platforms including iimjobs, Hirist, NaukriGulf, Naukri Fast Forward, DoSelect, AmbitionBox, and JobHai will hopefully unlock new growth opportunities in years to come.

Timeframe: years to comeDirection: growthConfidence: hopefully

"will hopefully unlock new opportunities, growth opportunities in years to come."

Outcome check: Revenue YoY averaged 14.6% across 2 later quarter(s).

Trust Score
68Mixed Trust · medium confidenceClaim-tested Trust

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Mixed Trust: Management has 100% delivered/partly-delivered outcomes on 3 checked claims. It ranks around the 56th percentile of the scored universe and 64th percentile within Services. Main check: financial discipline is weak at 48/100.

Healthy Trust: 3/4 extracted management claims have outcome checks; 67% were fully delivered and 1 were partially delivered.

Computed 21 Oct 2026
management-trust-v1
34 extracted concalls · 3/4 claims matched
Score band
Mixed Trust

Usable, but needs evidence. Treat guidance with a margin of safety.

Relative rank
56th percentile

overall median 67 · Services: 64th pctile, median 66 · Mid: 29th pctile, median 76

Evidence depth
Early sample

3/4 claims checked. Use as directional, not final.

Claim delivery
100% delivered or partly delivered

3/4 claims checked · No contradicted claim yet

How to read this Trust Score

Mixed Trust · medium confidence
What it measures
Reliability of management and financial delivery, using management claims matched with later outcomes.
Confidence
Useful directional evidence exists, but still verify the latest filings.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
78
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
48
watch · capital discipline
Results
77
strong · quarterly consistency

Trust positives

  • ▸Promoter pledge is zero.
  • ▸FCF yield is positive at 0.6%.
  • ▸8 years of positive FCF.
  • ▸Debt/equity is 0.01.

Trust risks

  • ▸ROCE is low at 3.5%.
  • ▸ROE is low at 1.8%.
  • ▸OPM spread across recent quarters is 17%.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

12 shown
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Oct - Intimation of Newspaper Publication for Notice of Postal Ballot & Remote E-voting

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Oct - Intimation of Publication of Notice regarding special window for re-lodgement of transfer requests and dematerialisation of physical shares.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 22 Sep - Schedule of the proposed Analyst/Institutional Investors meet under the SEBI (LODR) Regulations, 2015 to be ....

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 22 Sep - Schedule of the proposed Analyst/Institutional Investors meet under the SEBI (LODR) Regulations, 2015 to be ....

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 14 Sep - Schedule of the proposed Analyst/Institutional Investors meet under the SEBI (LODR) Regulations, 2015 to be ....

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 14 Sep - Schedule of the proposed Analyst/Institutional Investors meet under the SEBI (LODR) Regulations, 2015 to be ....

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 14 Sep - Schedule of the proposed Analyst/Institutional Investors meet under the SEBI (LODR) Regulations, 2015 to be ....

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Sep - Newspaper Publication for Notice of Transfer of Equity Shares of the Company to Investor Education and Protection Fund.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 3 Sep - Schedule of the proposed Analyst/Institutional Investors meet under the SEBI (LODR) Regulations, 2015 to be ....

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 19 Aug - Schedule of the proposed Analyst/Institutional Investors meet under the SEBI (LODR) Regulations, 2015 to be ....

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Acquisition 14 Aug - Info Edge approved Rs 8.9 crore investment in Factrika and Rs 90 crore infusion into SIHL.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Aug - Intimation of Publication of Notice regarding special window for re-lodgement of transfer requests and dematerialisation of physical shares.

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.