Info Edge (India) Ltd
(BOM:532777)
₹
1,250.9
-14.1 (-1.11%)
Market Cap: 810.19 Bil
Enterprise Value: 791.45 Bil
PE Ratio: 50.72
PB Ratio: 2.14
GF Score: 91/100 
Q4 2024 Info Edge (India) Ltd Earnings Call Transcript
May 16, 2024 / 12:00PM GMT
Release Date Price:
₹1173.49
(-1.24%)
Key Points
Positve
- Standalone billings grew by 10% YoY to INR827 crores in Q4 FY24.
- Operating profit at a standalone level increased by 18% YoY to INR871 crores for the full year FY24.
- Cash from operations for the standalone business grew by 13% YoY to INR468 crores in Q4 FY24.
- The recruitment business saw a YoY billing growth of 7% in Q4 FY24, with IT and non-IT segments growing at 11% and 12%, respectively.
- The Board proposed a final dividend of INR12 per share, bringing the total dividend for FY24 to INR22 per share, a 16% YoY increase.
Negative
- Operating profit for the recruitment business decreased by 2% YoY in Q4 FY24.
- Non-recruitment businesses, despite reduced losses, still reported cash losses of INR44 crores in FY24.
- The recruitment business faced challenges due to a slowdown in IT hiring, which constitutes a significant portion of their business.
- Marketing expenses for Naukri are expected to increase significantly, potentially impacting margins.
- Non-IT billing growth has slowed down compared to the previous year, indicating a potential moderation in growth.
Anand Bansal;India;Ltd;Senior Vice President;Administration;Facilities
Info Edge
()--&
Good evening, everyone. We wait for a moment while people are joining virtual call. Vineet, we have got 50 people with us. We'll wait for another moment, and then we'll start.
Vineet Ranjan;India;Ltd;Senior Vice President;Investor Relations
Info Edge
()--
And Anand, you can see my screen as well, right?
Anand Bansal;India;Ltd;Senior Vice President;Administration;Facilities
Info Edge
()--&
I can.
Vineet Ranjan;India;Ltd;Senior Vice President;Investor Relations;Anand Bansal;India;Ltd;
Info Edge;Info Edge
()--
The slide?
- ()
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