Info Edge India Ltd. · NSE:NAUKRI
Info Edge India — Q3 FY2025 Earnings Presentation
55 slides from Info Edge India's earnings presentation, Feb 5, 2025
Slide 1: Outcome of the Board Meeting - February 5, 2025
infoedge Date: February 5, 2025 1. The Manager- Listing National Stock Exchange of India Limited (Scrip Code: NAUKRI) 2. The Manager- Listing BSE Limited (Scrip Code: 532777) Sub: Outcome of the Board Meeting - February 5, 2025 Dear Sir/Madam, Pursuant to the requirements of Regulation 30 and 33 rea
Slide 2: Outcome of the Board Meeting (continued)
infoedge The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 with respect to the above, are given as Annexure - IV. The exchanges are also informed tha
Slide 3: Independent Auditor's Review Report - Standalone
67, Institutional Area S.R. BATL/801 & ASSOCIATES LLP Sector 44, Gurugram - 122 003 Chartered Accountants Haryana, India Tel: +91124 681 6000 Annexure-I Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Standalone Financial Results of the Company Pursuant to the Regulat
Slide 4: Statement of Standalone Unaudited Financial Results
Info Edge (India) U mlted Regd , Office : Ground Fl oo r, GF·12A, 94, Meghdoot Building, Nehru Place, New Delhi· 110019 CIN : l74899DL1995PLC068021,Tel no, : 0120-3082000, Fax: 0120·3082095 ,URL: www.infoedge.in, Email: investors@naukrl.com STATEMENT OF STANDALONE UNAUDITcD FINANCIAL RESULTS FOR THE
Slide 5: Notes to Standalone Results
Notes: • 1. Th~ statement ha, been reviewed by the Aud~ Co_mmlttee and approved by the Board of Directors In their respective meetings held on Februa ry 05, 2025. 2.Thls statement has been prepared in accordance with the rec03nition and measurement principles laid dovvn In I ndian Accounting Sta nda
Slide 6: Independent Auditor's Review Report - Consolidated
67, Institutional Area S.R. BATL/80/ & ASSOCIATES LLP Sector 44, Gurugram - 122 003 Chartered Accountants Haryana, India Tel: +91124 681 6000 Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Consolidated Financial Resu lts of the Company Pursuant to the Regulation 33 o
Slide 7: Auditor's Review Report (continued)
S.R. BATL/80/ & ASSOCIATES LLP Chartered Accountants 6. The accompanying Statement includes the unaudited interim financial results and other financial information, in respect of: • 13 subsidiaries, whose unaudited interim financial results include total revenues of Rs. 448.32 Mn and Rs 1.287 .60 Mn
Slide 8: Auditor's Review Report (conclusion)
S.R. BATL/801 & ASSOCIATES LLP Chartered Accountants Our conclusion on the Statement in respect of matters stated in para 6 and 7 above is not modified with respect to our reliance on the work done and the reports of the other auditors and the fi nancial results ce1tified by the Management. For S.R.
Slide 9: Annexure-A List of Subsidiaries
S.R. BATL/80/ & ASSOCIATES LLP Chartered Accountants Annexure-A Independent Auditor's Report on the Quarterly and Year to Date Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (Refe
Slide 10: List of Subsidiaries (continued)
S.R. BATL/80/ & ASSOCIATES LLP Chartered Accountants 18. Unnati Online Private Limited* 19. Green leaves Consumer Services Private Limited* 20. Rare Media Company Private Limited* 21. Kinobeo Software Private Limited* 22. Mint Bird Technologies Private Limited* * Non-operational and impaired entitie
Slide 11: Statement of Consolidated Unaudited Financial Results
Info Edge (India) Limited Regd. Office: Ground Fl oor, GF-12A, 94, Meghdoot Building, Nehru Pla ce, New Delhi - 110019 CIN : L74899DU995PLC0680 21,Tel no. : 0120-3082000 , Fax : 0120-3082095 ,URL: www.lnfoedge.in, Email : investors@naukrl.com STATEMENT OF CONSOUDATED UNAUDITED FINANCIAL R£SULTS FOR
Slide 12: Segment wise Revenue, Results and Assets & Liabilities
Part U . Reporting of Segment wise Revenue, Results and Assets & Llablliti es Amou nt In ,(Mn) 3 month s ended Preceding 3 month s Corresponding 3 9 months end ed 9 months ended Year ended 31/ 1 2/2024 en ded 30/09 /2024 months ended in 31/12/2024 31/12/2023 31/03/2024 th e prewious year 31/12/2023
Slide 13: Notes to Consolidated Results
Notes: - 1. This statement has been reviewed by the Audit Committee and approved by the Board of Directors In their respective meetings held on February 05, 2025. 2. This statement has been prepared in accordance with the recognition and measurement princi ples laid down in Indian Ao:ounting Standar
Slide 14: Press Release: Q3 Billings up 16%
Annexure-II infoedge InfoEdge: Q3 Billings up 16%; Standalone Operating Profits grow 20% YoY, Cash Flow from Operation rises 27% New Delhi, 5th February 2025: Info Edge (India) Limited (NSE: Naukri, BSE: Naukri, 532777) reported its Unaudited Standalone and Consolidated Financial Results for the qua
Slide 15: Quarter ended December 31, 2024
Annexure-III • 1n oe Earnings Presentation Quarter ended December 31, 2024 0 naukri 99acres Jeevansalhi:com fshiksha
Slide 16: 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 17: Standalone Financial Performance
Standalone Financial Performance infoedge 3
Slide 18: 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 19: 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 I 1. sustained performance of the non-recruitment businesses Deferred sales revenue in Q3FY25 was Rs. 1,067cr I 2. Operating profit margin
Slide 20: InfoEdge Q3FY25 highlights
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 1 1................. 690 c::::::::::::::J 1,715 c:::::::::::::::1 1,957 Op. Profit ..•···· ·
Slide 21: Business Segments Financial Performance
Business Segments Financial Performance infoedge 7
Slide 22: Recruitment business: billings growth improved 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. I •••••••••••• •• ~ ··················~ 1··················1 ~ ··················: ~ 57.6% ~ 58.9% : 58.6%:
Slide 23: 99Acres: Billings grew 16% YoY; operating losses reduced
99Acres: Billings grew at 16% YoY in Q3FY25; Operating losses reduced by 67% YoY Billings (Rs. Cr) Operating profit (Rs. Cr) Q3FY25 highlights ,r--- +14.5%-----. Billing growth in Q3 was driven by improvements in - '' - . '' 291 both the number of billed customers and average 254 billing per custome
Slide 24: Jeevansathi: Billings grew 36% YoY
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 +36.0%·---. 59 +34.3%-----. 79 - -• (14) (7) - - (10) The matchmaking industry remains competitive, with the top 3 players seeking to
Slide 25: Shiksha: Billings grew 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 39 12.3% 44 98 111 •(1) In Q3FY25, billings grew by 12% YoY and the business generated cash from operations of Rs. 15cr (4)
Slide 26: Consolidated Financial Performance
Consolidated Financial Performance infoedge 12
Slide 27: 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 28: Operational Highlights
Operational Highlights infoedge 14
Slide 29: InfoEdge businesses
InfoEdge businesses Core Operating Businesses Strategic Investments Financial Investments Recruitment ID iimjobc§ 0 naukri zwayam zomato Real Estate d~select 99acres ~ AmbitionBox by G naukri pb Matchmaking jeevansathi:com hirist.tech The Premium Tech-Job Speciolist Education codingninjas infoedge •
Slide 30: Recruitment business – Key operating highlights
G naukri Jobs Companies Services ( Login ) Register For employers v Find your dream job now 5 lakh+ jobs for you to explore Q "ter sk lls I c; gn •Ior / cofT'pan -; Selec+ exp r ence v "lter loc 1 I0n Search Recruitment business – Key operating highlights (n) Remote fill MNC @. Analytics 9 Fresher >
Slide 31: 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 naukri Traffic Share1 Resume database2 ~84k 527k Unique revenue Job listing
Slide 32: 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 33: Growing customer base along with enhancing Avg. Realization Per User
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 34: Real Estate business – Key operating highlights
Buy f.c It PG C I vin Co,,-. (' C Cowork1 ots andc::I I! V Q • 8 Gue,,Use ■ 'luy r Owa ko '>c 1 Projects in High Demand Real Estate business – Key operating highlights Goy Premium Builder Floor Garur Golf Island irifoedge l lC 1 1 ... ro l &Cr c l 2 76.6~ l, 20
Slide 35: 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 I infoedge 99acres Notes:1 As of Dec’24; 2 As on 31 Dec’24 and includes 309k+ owne
Slide 36: 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 I infoedge 99acres Source: SimilarWeb 22
Slide 37: Buyers & Tenants spend more time on 99acres
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 • 99a c res.com 99a cres New Proj e... • housing.com Hous ing New Proje... • magicbricks.com MagicBricks New P... • nobroker.
Slide 38: 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 39: Matrimony business – Key operating highlights
van af , ; .. . . Select V +91 V 0 Matrimony business – Key operating highlights Bringing People Tog her 25
Slide 40: 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 I infoedge jeevansat
Slide 41: Education business – Key operating highlights
• ; • • I JIJ Ill ID I SR \J SRM U lvers,ty Del I NCR Education business – 9 Key operating highlights irifoedge 27
Slide 42: Shiksha – Key highlights
Shiksha – Key highlights 5,24,000 1400+ 450 mn+ 2mn+ course listings unique clients annual visits questions asked •... •... •... •... •- ~ •*• ' I , (i)~ • 65,000+ • 950+ • 950 mn+ • 9mn+ • 6,15,000 colleges entrance exams annual page views annual registrations student/alumni reviews infoedge ..I ~f
Slide 43: Investments
Investments infoedge 29
Slide 44: Financial Investments in technology-based Startups
Financial Investments in technology-based Startups Investments in Listed Entities zomato Shareholding: 12.43% a Fin tech 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*.- Fi
Slide 45: 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 46: Financial Investment Portfolio – Unlisted Companies
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 47: Balance Sheet Summary & Data Sheet
Balance Sheet Summary & Data Sheet infoedge 33
Slide 48: 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 /
Slide 49: 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 50: 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 51: 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,
Slide 52: Annexure-IV: Scheme of Amalgamation
infoedge Disclosure of information pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 Annexure-IV: Scheme of Amalgamation: S. No. Particulars Details i. Name of the entity(ies) Transferor Company 1 - Allcheckdeals
Slide 53: Scheme of Amalgamation – Net worth and turnover
infoedge (in Rs.) Name of the Net-worth Turnover Company Transferor (3,003,068,695) Nil Company 1 Transferor 484,321,260 366,392,942 Company 2 Transferor 3,022,849,038 Nil Company 3 Transferor (512,275,395) 212,961,501 Company 4 Transferee 55,52,77,59,736 19,66,52,08,814 Company ii. Whether the tran
Slide 54: Rationale for amalgamation
infoedge Shiksha.com, iimjobs.com & offline portal Quadrangle.com. iv. Rationale for The reasons and circumstances leading to and justifying amalgamation/ merger the proposed Scheme of Amalgamation of the Transferor Companies with the Transferee Company, which make it beneficial for all the concerne
Slide 55: Scheme of Amalgamation – shareholding treatment
infoedge Further in terms of sub-paragraph (ii) of paragraph 4(d) of SEBI Master Circular No. SEBI/HO/CFD/POD- 2/P/CIR/2023/93 dated June 20, 2023, in case a wholly owned subsidiary is merged with its parent listed entity, where the shareholders and the shareholding pattern of the parent listed comp