Info Edge India Ltd. · NSE:NAUKRI
Info Edge India — Q3 FY2025 Earnings Presentation
37 slides from Info Edge India's earnings presentation, February 2025
Slide 1: Earnings Presentation, Quarter ended December 31, 2024
Earnings Presentation Quarter ended December 31, 2024
Slide 2: Disclaimer
Disclaimer By attending the meeting/telephonic call where this presentation is made, you agree to be bound by the trailing restrictions regarding the information disclosed in this presentation. This presentation has been prepared by Info Edge (India) Limited (the “Company”) solely for information pu
Slide 3: Standalone Financial Performance
Standalone Financial Performance 3
Slide 4: IEIL Standalone performance (Q3FY25) – At a glance
IEIL Standalone performance (Q3FY25) – At a glance Rs. 668cr Rs. 263cr Rs. 346cr Rs. 4,290cr Billings Operating Profit Cash from operations Cash Balance (YoY +15.8%) (YoY +20.4%) (before Taxes) as of Dec 31, 2024 (YoY +26.9%) Rs. 672cr 39.2% Rs. 20.06 5,883 Revenue from Operations Operating Profit m
Slide 5: Key highlights regarding standalone financial performance for Q3FY25
Key highlights regarding standalone financial performance for Q3FY25 Billing growth in Q3 was driven by continued improvement in the recruitment business and the 1. sustained performance of the non-recruitment businesses Deferred sales revenue in Q3FY25 was Rs. 1,067cr 2. Operating profit margins im
Slide 6: InfoEdge Q3FY25 highlights: Sustained billings improvement coupled with operating margins expansion
InfoEdge Q3FY25 highlights: Sustained billings improvement coupled with operating margins expansion and improved cash generation Billings (Rs. Cr) Operating profit (Rs. Cr) and margins (%) Incl. acquired 596 690 1,715 1,957 Op. Profit margin % 36.7% 39.2% 36.5% 37.7% businesses* +13.7% +14.8% 1,898
Slide 7: Business Segments Financial Performance
Business Segments Financial Performance 7
Slide 8: Recruitment business: The billings growth rate improved in Q3 with better margins
Recruitment business: The billings growth rate improved to 15% in Q3 with better margins and increased cash generation Billings (Rs. Cr) Op. profit (Rs. Cr) & margin (%) Q3FY25 highlights Op. Profit 57.6% 58.9% 58.6% 57.0% +12.7% % +5.7% Overall billings growth of 15% YoY. 1,417 1,258 838 793 +15.2%
Slide 9: 99Acres: Billings grew at 16% YoY in Q3FY25; Operating losses reduced by 67% YoY
99Acres: Billings grew at 16% YoY in Q3FY25; Operating losses reduced by 67% YoY Billings (Rs. Cr) Operating profit (Rs. Cr) Q3FY25 highlights +14.5% Billing growth in Q3 was driven by improvements in 291 both the number of billed customers and average 254 billing per customer. +16.0% (5) (15) 103 +
Slide 10: Jeevansathi: Billings momentum continued with 36% YoY growth
Jeevansathi: Billings momentum continued with 36% YoY growth and operating losses also came down by 51% Billings (Rs. Cr) Operating profit (Rs. Cr) Q3FY25 highlights +34.3% The matchmaking industry remains competitive, with 79 the top 3 players seeking to expand their market share. 59 (7) (10) (14)
Slide 11: Shiksha: Billings grew by 12% YoY in Q3FY25
Shiksha: Billings grew by 12% YoY in Q3FY25 and the business generated cash from operations of Rs. 15cr Billings (Rs. Cr) Operating profit (Rs. Cr) Q3FY25 highlights +12.6% 0 0 111 98 In Q3FY25, billings grew by 12% YoY and the (1) business generated cash from operations of Rs. 15cr 12.3% 39 44 (4)
Slide 12: Consolidated Financial Performance
Consolidated Financial Performance 12
Slide 13: Summary of consolidated financial performance for Q3FY25
Summary of consolidated financial performance for Q3FY25 At the consolidated level, the net sales for the Company stood at Rs. 722cr in Q3FY25 versus Rs. 627cr for Q3FY24. The total comprehensive income was at Rs. 3,182cr in Q3FY25 compared to Rs. 2,624cr in Q3FY24. Profit before tax (without except
Slide 14: Operational Highlights
Operational Highlights infoedge
Slide 15: InfoEdge businesses
InfoEdge businesses Core Operating Businesses Strategic Investments Financial Investments Recruitment Real Estate Matchmaking Education 15
Slide 16: Recruitment business – Key operating highlights
Recruitment business – Key operating highlights 16
Slide 17: Recruitment business – Key highlights
Recruitment business – Key highlights Dominant Traffic Share among peers Rs. 494cr Rs. 298cr Q3FY25 Billings Q3FY25 Operating Profit 58.9% Rs. 333cr Q3FY25 Operating Profit margin Q3FY25 Cash from Operations 75%+ 104 million Traffic Share1 Resume database2 ~84k 527k Unique revenue Job listings2 gene
Slide 18: Breakdown of revenue by Product and Industry
Breakdown of revenue by Product and Industry Revenue split by products1 Revenue split by industry1 Assisted Others, 4.3% search, 5.3% Services/Others , 18.5% Branding, 4.9% IT & ITES, Job seeker Manufacturing, 31.2% services, 8.0% 4.0% BFSI, 8.9% Job listings, 9.7% Recruitment Infrastructure, Firms,
Slide 19: Growing customer base along with enhancing Avg. Realization Per User driving billings growth
Growing customer base along with enhancing Avg. Realization Per User driving billings growth No. of clients (‘000) Billings (Rs. Cr) 1,859 1,883 132 127 1,436 110 FY22 FY23 FY24 FY22 FY23 FY24 Avg. realization per client (Rs. ‘000) Operating profit margin (%) 111 113 59.9% 56.9% 58.2% 86 FY22 FY23
Slide 20: Real Estate business – Key operating highlights
Real Estate business – Key operating highlights 20
Slide 21: 99Acres – Key highlights
99Acres – Key highlights Rs. 103cr 16% Q3FY25 Billings YoY Billings growth (Q3FY25) 67% 63% YoY improvement in YoY reduction in Q3FY25 operating profit cash losses in Q3FY25 183k+1 828k+2 Total projects Total listings Notes:1 As of Dec’24; 2 As on 31 Dec’24 and includes 309k+ owner listings 21
Slide 22: 99Acres traffic time share
99Acres traffic time share Overall traffic (from desktops & laptops, web mobile) 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% 99Acres MagicBricks CF Housing Source: SimilarWeb 22
Slide 23: Buyers & Tenants spend more time on 99acres with lower/similar bounce rate vs most competitors
Buyers & Tenants spend more time on 99acres with lower/similar bounce rate vs most competitors Lower bounce rate on 99Acres platform demonstrating the high quality of traffic Higher time spent by buyers and tenants on 99Acres platform demonstrating high engagement Source: SimilarWeb; Desktop + Mobil
Slide 24: Key business metrics for 99Acres
Key business metrics for 99Acres Distribution of total 828k+ listings Distribution of 85.5k+ total customer base Billing breakdown by customer type Owner, Broker, 8% Commerical, 40% 19% Builder, Owner, 29% Broker, 53% 63% Residential, 81% Builder, 7% As of Dec 31, 2024 Data for trailing 12 months to
Slide 25: Matrimony business – Key operating highlights
Matrimony business – Key operating highlights 25
Slide 26: Jeevansathi – Key highlights
Jeevansathi – Key highlights Rs. 28cr 36%+ Q3FY25 Billings YoY Billings growth (Q3FY25) 81% 89% YoY reduction in YoY reduction in 9MFY25 operating losses cash losses in 9MFY25 90%+ ~27% User traffic & time spent YoY reduction in marketing on Android and iOS apps spends in 9MFY25 26
Slide 27: Education business – Key operating highlights
Education business – Key operating highlights 27
Slide 28: Shiksha – Key highlights
Shiksha — Key highlights 5,24,000 1400+ 450 mn+ 2 mn+ course listings unique clients annual visits questions asked =o e e e e e 65,000+ 950+ 950 mn+ 9 mn+ 6,15,000 colleges entrance exams annual page views annual registrations student/alumni reviews infoedge] shiksha 28
Slide 29: Investments
Investments infoedge 29
Slide 30: Financial Investments in technology-based Startups
Financial Investments in technology-based Startups Investments in Listed Entities Shareholding: 12.43% Shareholding: 12.52% Balance sheet investments in 21 active financial investments in the portfolio. Unlisted Entities Total books value of Rs. 635.2cr Info Edge Venture fund*.- First Scheme – USD10
Slide 31: Financial Investment Portfolio
Financial Investment Portfolio Financial Investments - Listed Companies Carrying value of investment Diluted and converted Investee Company as of Dec 31, 2024 shareholding % (Rs. Cr.) (Actual) Zomato 146.5 12.43% PB Fintech 575.8 12.52% Total 722.3 Strategic Investments Carrying value of investment
Slide 32: Financial Investment Portfolio
Financial Investment Portfolio Financial Investments - Unlisted Companies Carrying value of investment as Diluted and converted Investee Company Prominent Domain names of Dec 31, 2024 shareholding % (Rs. Cr.) (Actual) Agstack Technologies Private Limited http://www.gramophone.in/ 42.5 43.44% Printo
Slide 33: Balance Sheet Summary & Data Sheet
Balance Sheet Summary & Data Sheet 33
Slide 34: Standalone Balance Sheet Summary as of December 31, 2024
Standalone Balance Sheet Summary as of December 31, 2024 Assets (Total: Rs. 41,248cr) Liabilities (Total: Rs. 41,248cr) 2.8% 2.6% 8.5% 12.1% 88.7% 85.4% Investments Cash & Cash Equivalents Other Operating Assets Shareholder's Equity Other Liabilities & Provisions Deferred Sales Revenue / Customer Ad
Slide 35: Data sheet – Q3FY25 (1/2)
Data sheet – Q3FY25 (1/2) As at end of/ during Q3FY25 Q2FY25 Q1FY25 Q4FY24 Q3FY24 Q2FY24 Q1FY24 Q4FY23 Q3FY23 Q2FY23 Q1FY23 Q4FY22 Q3FY22 Q2FY22 Q1FY22 FY24 FY23 FY22 Key business metrics Number of resumes on Naukri (in 104 103 100 98 96 94 91 89 88 86 84 82^ 80 78 76 98 89 82^ millions) Average num
Slide 36: Data sheet – Q3FY25 (2/2)
Data sheet – Q3FY25 (2/2) As at end of/ during Q3FY25 Q2FY25 Q1FY25 Q4FY24 Q3FY24 Q2FY24 Q1FY24 Q4FY23 Q3FY23 Q2FY23 Q1FY23 Q4FY22 Q3FY22 Q2FY22 Q1FY22 FY24 FY23 FY22 Key financial metrics Segment Billing (in Rs million) Recruitment business 4,940 4,920 4,314 6,254 4,289 4,314 3,975 5,835 4,346 4,25
Slide 37: Investor relations contact
Investor relations contact Name Chintan Thakkar Vineet Ranjan Designation Director and CFO EVP – Investor Relations E-mail chintan@infoedge.in vineet.ranjan@infoedge.com Telephone +91 120 3082137 +91 120 3082089 +91 120 3082095 Fax Address Info Edge (India) Limited, B 8, Sector 132, Noida – 201 301,