Info Edge (India)

Limited
India’s internet classifieds
company
 INTRODUCTION
 Infoedge (India) ltd. Is one of the india’s premier
internet based business.
 Sanjeev Bhikchandani, founder and promoter.
 Incorporated on may 1st 1995 as infoedge india private
ltd.
 They went public on April 27th 2006.
Nationwide sales/customer interface
infrastructure

Info Edge sales offices

illustrative map
Chandigarh
Key
Delhi NCR (Noida, Observations
Gurgaon)
 Nation wide coverage
Jaipur
through 73 company
Lucknow
Ahmedaba Bhopa
Raipu
Kolkata branch offices in 48 cities
d Indore l
Nasik r in India
Mumbai Aurangaba Bhubaneshwar
Vishakhapatna
d m  ~ 2,929 sales/ servicing/
Hyderabad
Pune client facing staff or 66%
of
the company’s* workforce
Bangalore Chennai
Pondicherr
of
y ~4,406
Kochi Tiruchirappall
i
Trivandrum
 Corporate Governance- Cornerstone to our
value system
 Independent Directors forms majority on the Board

 Non Executive Chairman

 Statutory Audit performed by EY
 Internal Audit performed by an external firm

 Audit committee comprises only of Independent Directors

 Formal dividend policy (15 to 40% of standalone PAT)
 Whistle blower mechanism through an Independent External Ombudsman

 Proactive on all disclosures to Stock Exchange

 Naukri.com

Jeevansathi.com

Infoedge
99acres.com

Shiksha.com
 INVESTMENTS

Zomato

Policybaza
r
Infoedge
Meritnatio
n

Ustraa
Naukr
i
 Key operating metrics for
Naukri
5,45,000
job listings Dominant Traffic Share among
peers

Avg. 19,000
1,000,00 new 64 Million Resumes
resume resume
searche
Daily activity s
s on Naukri added
platform in 54k Job Seekers availed
premium services
Q1FY20
8 – 10
366,000
mn
+ 58,000+ Unique Clients
recruiter
resumes
email
connects
modifie
d
* Comparison among traditional job-boards (excludes Linkedin and
Indeed)
# Based on IND-AS revenue
Naukri is a business of the virtuous
circle
Benefits
• Naukri has over
We get 100% of industry
the most profits enabling
clients We’ve got greater investment
the most in
jobs
– Product
innovatio
n
We get
the most – Engineerin
We get g
respons the most – Brand
e traffic
support
– Sales
network
– Servicing
Competition
• Local job boards
– Indeed.co.in
– Monsterindia.com
– Timesjobs.com
– Shine.com
• Linkedin
– Caters to a different segment /
requirement
Jeevansat
hi
 Online matrimonial business -
India
• Online spend by users estimated to be Rs 7-8 bn in FY ‘19-20 and is
expected to grow to Rs. 11-12 bn by FY ‘22-23

• Three main players – Bharat matrimony, Shaadi and Jeevansathi

• Used primarily by
- Those disconnected from mother community
- Youngsters looking for choices
- Families for match-making

• Fragmented market basis

- Geography
- Communities (religion, caste, sub castes)
Competition Scenario

Guess who?????

Main competitors are –

Shaadi.com

Bharat matrimony
99acres
Introduction:

 99Acres.com is an Indian real estate database

website database was bought in 2005.
 Mr. Hitesh Oberio is the CEO.
 The headquarters are in Noida, Uttar Pradesh
and regional offices in Bangalore, Chennai,
Mumbai, etc.
 Website : www.99acres.com
Services
 Information about buying, selling and leasing various types
of real estates in India.
 Provide suggestions on buying, selling and leasing of
properties.
 Provides information about the latest projects coming up.
 It also provides paid services such as photo, Map and
Instant Response.
Shiksha

A website which helps students decide undergraduate and post

graduate options, by providing useful information on careers,
exams, colleges & courses
 Shiksha – Business Statistics
• Domestic Colleges – 17000, Courses – 135000+, #Reviews
– 140,000+, Exams – 400+

• Study Abroad Universities – 1818 from 51 countries, Courses

– 17276, Scholarships - 2512

18
Competition
Domestic Study
• Print abroad
Media •• Online
HotCourses India/ IDP
• Studyportals
Online
•• Google
• Masterstudies
• Pagalguy
• HTcampus • Top mba / Top
• Minglebox universities (QS)
• Collegeboard
• Careers360
• MBA • Yocket
Universe • Multiple Emerging
• CollegeDekho start- ups
• CollegeDunia
• Sarvgyan
• Aglasem
• Others
 Key Financials- Past 5 years
performance All numbers in Rs
Cr
Description FY 14 FY 15 FY 16 FY 17 FY 18 FY19 CAGR
Revenues 505 611 717 802 916 1098 16.5%

Billing 524 653 753 861 977 1177 17.3%

Operating EBITDA* 164 180 159 254 315 356 17.5%

Operating Margin (%) 32% 29% 22% 32% 34% 32%

Operating PBT (ex- 147 162 137 203 276 321 17.5%
other income)
Cash And Equivalent 478 1,172 1,114 1,309 1,500 1550

Investments 336 692 766 732 778 1037

in startups
Head Count 3,016 3,826 4,214 3,999 4,036 4330

Dividend Payout 25% 30% 30% 45% 55% 60%

*IND-AS numbers for FY16-FY18; EBITDA for FY16-FY18 adjusted for non-cash charges. Rest all years in I
GAAP.
* * This amount represents net investment in investee
companies. Amount shown as “Investment in Startup” is as
Assets and funds
Allocation
As of March 31,
2019

Asse Liabilitie
ts s
Cash & Liquid 4% Shareholders Equity
7%
5% Cash and Investments
14%
equivale
nts Rs Investment in Customer Advances /
11.7 bn Startups Deferred Sales
Revenue
38% Operating Assets
Other Liabilities &
Provisions
49%
Other Assets 81%

Total: 3,098 Total: 3,098

crore crore

• High margins due to • Upfront payments in subscription

operational leverage model results in negative working
• Strong cash generation due to capital
high margins • Negative working capital many times
more than operating fixed assets
Market cap
performance
Info Edge historical marketcap trend (Rs crore) and Nifty Mid-cap relative
trend

24000
22000
20000
18000
16000
140
00 30%
1200 CAGR
0
100
800
00
0
600 9%
0 CAGR
400
200
0
0
0
Jul-

Jul-

Jul-

Jul-

Jul-

Jul-

Jul-

Jul-

Jul-

Jul-

Jul-

Jul-
Jul-
07

09

11

14
08

12

13

15

16

17

18

19
10

IE Market Mid-cap Nifty Indexed to IE Market

cap Cap