Industry Profile: E-commerce has transformed the way business is done in India. The Indian e-commerce market is expected to grow to US$ 200 billion by 2026 from US$ 38.5 billion as of 2017. Much growth in the industry has been triggered by increasing internet and smartphone penetration. The ongoing digital transformation in the country is expected to boost India’s total internet user base to 829 million by 2021 from 445.96 million in 2017. India’s internet economy is expected to double from US$125 billion as of April 2017 to US$ 250 billion by 2020, majorly backed by e-commerce. India’s E-commerce revenue is expected to jump from US$ 39 billion in 2017 to US$ 120 billion in 2020, growing at an annual rate of 51 percent, the highest in the world.

Propelled by rising smartphone penetration, the launch of 4G networks, and increasing consumer wealth, the Indian e-commerce market is expected to grow to US$ 200 billion by 2026 from US$ 38.5 billion in 2017. As a result, online retail sales in India are expected to grow by 31 percent to touch US$ 32.70 billion in 2018, led by Flipkart, Amazon India, and Paytm Mall.

Company Profile: The company was incorporated on May 1, 1995, under the Companies Act, 1956, as Info Edge (India) Private Limited and became a public limited company on April 27, 2006. The company has 62 offices in 43 cities in India and 4000+ employees. The company operates in internet marketing under various segments, including matrimony, Education, recruitment, hiring, and Real estate. It owns well-known websites like Online recruitment classifieds, www.naukri.com, a clear market leader in the Indian e-recruitment space, and www.naukrigulf.com. In addition, a job site focused on the Middle East market, an offline executive search (www.quadranglesearch.com), and a fresher hiring site (www.firstnaukri.com). Additionally, Info Edge provides job seekers value-added services (Naukri Fast Forward) such as resume writing. Currently, the company has investments in Zomato Media Private Limited (www.zomato.com); Applect Learning Systems Private Limited (www.meritnation.com); Etechaces Marketing and Consulting Private Limited (www.policybazaar.com); Kinobeo Software Private Limited (www.mydala.com); Canvera Digital Technologies Private Limited (www.canvera.com); Happily Unmarried Marketing Private Limited (www.happilyunmarried.com); Goa-based Mint Bird Technologies Private Limited (www.vacationlabs.com); Mumbai based Green Leaves Consumer Services Private Limited (www.bigstylist.com); and Rare Media Company Private Limited (bluedolph. in). Online matrimony classifieds, www.jeevansathi.com, are among the top three in India’s online matrimonial space and have offline Jeevansathi Match Points and franchisees. Online real estate classifieds, www.99acres.com, is India’s most prominent property marketplace covering almost all the major cities and many agents and developers. Online education classifieds, www.shiksha.com, are the most brilliant gateway for students to achieve their goals.

Shareholding Pattern: BSE Data

Financial and Ratio : [table id=188 /]

Future Prospects: Being one of the profit-making companies in the eCommerce segment, it is no secret that there is value in the company. The company holds some very well know websites and properties. Zomato, their one subsidiary, has a valuation of more than $1bn. Many other websites have sufficient good traffic. Overall this company has excellent value.