Info Edge (India) Ltd: Naukri.com, Net Profits & Narayana Murthy-Level Patience Required
1. At a Glance
Info Edge isn’t just the owner of Naukri.com. It’s a cocktail of online classifieds, equity investments, emotional burn from Zomato’s volatility, and surprise “other income” that shows up like uninvited baraatis. With ₹1,220 Cr “extra” income in FY25 and Q4 net profit of ₹678 Cr, this company is India’s OG startup daddy.
2. Introduction with Hook
Imagine a company that earns revenue from job ads, loses money in matrimony, and sometimes finds a goldmine in its investment portfolio. That’s Info Edge. It’s like your cousin who runs 4 startups, and 1 just became a unicorn.
FY25 Net Profit: ₹1,310 Cr
FY25 “Other Income”: ₹1,220 Cr (Coincidence? Not at all.)
TTM P/E: 102x – because dreams don’t come cheap in this market
This isn’t just about Naukri. This is venture capital disguised as a SaaS-lite classifieds business.
3. Business Model (WTF Do They Even Do?)
Info Edge’s segments:
Recruitment (74% of Rev) – Naukri.com, Resdex, Talent Pulse
Real Estate – 99acres.com
Matrimony – Jeevansathi (still waiting to find “the one”)
Education – Shiksha.com
Investments – Stakes in Zomato, PolicyBazaar, and 50+ start-ups via its subsidiary SIHL
It earns money like a tech platform and burns it like a venture fund.
