Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Oct - Intimation of Newspaper Publication for Notice of Postal Ballot & Remote E-voting
Source: Bse
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.
SMA20 -5.4% / mo · MACD +
FPI equity flow was positive in both fortnights, but exact sector-index confirmation is unavailable. View sector evidence
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Adjusted completed-session prices, rebased to 100
No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.
Weak fundamentals, management trust is acceptable, price trend is neutral, and recent execution is consistent.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Revenue +11.4% · PAT +42.9% YoY
Price trend and sector-relative-strength timing.
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
medium confidence · 3/4 claims checked
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Rev +11% YoY · PAT +43% YoY · margin expansion · operating leverage
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹881 Cr | +11.4% | +1.4% |
| EBITDA | ₹341 Cr | +31.2% | +2.1% |
| Operating margin | 39.0% | +600 bps | +100 bps |
| PAT | ₹490 Cr | +42.9% | -35.2% |
| PAT margin | 55.6% | +1226 bps | -3138 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Updated 19/10/2026
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Signals are conflicting — long-term uptrend intact. RSI 49. Wait for confirmation.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
U-Score 42 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Top U-Score contributors and drags from the latest stored fundamentals.
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
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.
12 stored score snapshots. Latest stored move: +0 points.
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.
Growth engines, risks, management commitments and evidence-backed delivery
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.
Latest issuer-disclosed distribution across 3 reported categories.
This segment continues to be the largest revenue contributor, showing consistent YoY and QoQ growth in Q4 FY26.
The segment demonstrated strong revenue growth and achieved profitability in Q4 FY26, indicating potential for future contribution.
The company continues to make significant investments in controlled trusts and subsidiaries, indicating a strategy for future growth avenues.
The company operates internet-based service delivery, benefiting from ongoing digital transformation and online platform usage in India.
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.
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.
Significant unrealized mark-to-market gains/losses on financial investments (e.g., PB Fintech) are routed through OCI, leading to volatility in comprehensive income.
The scheme of amalgamation for wholly-owned subsidiaries faces an appeal before NCLAT against an NCLT order, potentially delaying integration benefits.
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
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.
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.
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 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.
Net cash flow from operating activities for FY26 was 11,686.55 Mn, up from 9,344.55 Mn in FY25.
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.
The company continues to invest in controlled trusts and subsidiaries, with significant amounts paid for such investments in FY26.
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| 99acres Profitability | Q4 FY26 segment profit before tax of 341.00 Mn. | Sustained profitability and growth in the 99acres segment in subsequent quarters. |
| 99acres Investigation Outcome | Independent investigation ongoing into whistle-blower complaint regarding 99acres. | Resolution of the investigation and any potential financial or operational impact. |
| Merger Scheme Progress | Appeal filed with NCLAT regarding the amalgamation scheme for subsidiaries. | Timely approval and completion of the merger scheme to realize integration benefits. |
| Unutilized QIP Funds | 10,073.89 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.
The non-recruitment businesses will continue to grow steadily and reduce cash losses.
"The non-recruitment businesses continue to grow steadily and reduce cash losses"
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.
"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).
Traffic share gains in 99acres will ultimately translate into billing growth, but with some lag.
"We believe traffic share gains will ultimately translate into billing growth"
Outcome check: Revenue YoY averaged 14.6% across 2 later quarter(s).
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.
"will hopefully unlock new opportunities, growth opportunities in years to come."
Outcome check: Revenue YoY averaged 14.6% across 2 later quarter(s).
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.
Usable, but needs evidence. Treat guidance with a margin of safety.
overall median 67 · Services: 64th pctile, median 66 · Mid: 29th pctile, median 76
3/4 claims checked. Use as directional, not final.
3/4 claims checked · No contradicted claim yet
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.
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Latest exchange and company disclosures found within the past two years.
Source: Bse
Source: Bse
Source: Bse
Source: Bse
Source: Bse
Source: Bse
Source: Bse
Source: Bse
Source: Bse
Source: Bse
Source: Bse
Source: Bse