Thread by @Kiran24Rajput

India's one of the very few 'Profitable Pure Play Internet Companies'

Thread 👇
(Disc: Accumulating in small qtys)

2. Info Edge incorporated in 1995 & went public in 2006. Starting with classified recruitment online business - naukri.com later diversified & invested in other online 'Businesses'

Founder & Vice Chairman: Sanjeev Bikhchandani.

3. Info Edge online businesses r:
* Recruitment:
~naukri.com
~naukrigulf.com
~quadranlesearch.com
~firstnaukri.com
~Naukri Fast Fwd
* Matrimony
~jeevansathi.com
* Real Estate
~99acres.com
* Education
~shiksha.com

4. Info Edge start-up ventures in Indian Internet Market :
zomato.com
meritnation.com
policybazaar.com
mydala.com
canvera.com
happyunmarried.com
vacationlabs.com
bistylist.com
bluedolph.in

5. Info Edge has 62 offices located in 43 Cities with 4K + employees
Their offices outside India are in Dubai, Bahrain, Riyadh & Abu Dhabi

They have categorized their businesses into:
Core - Naukri
Other -
Invested -

>70% revenue flows from recruitment business

6. Key Financials - Past 5 yrs
*CAGR*
Revenues: 16.5%
EBITDA: 17.5%

*Others (FY'19)*
Operating Margin: 32%
Cash: 1,550 Cr
Rev: 1098 Cr
Investments in startups: 1037 Cr

7. 14% of the cash generated by Recruitment has been used to fund other businesses till Fy'19.

Info Edge Sales Interface Infrastructure~

8. Shareholding Pattern:
MFs: 11.9%
FIIs: 36.2%
Promoters: 42.9%
Others: 9%

Board of Directors
Chairman: Kapil Kapoor (prev worked for Timex Group)
Founder & V Chairman: Sanjeev Bikhchandani (prev worked for GSK)
CEO: Hitesh Oberoi
CFO: Chintan Thakkar

9. Some interesting facts:
Job Listings: 5 Lacs
Ave Resumes Searched: 6.76 Lacs / Day
Recruiter e-mail connects: 4.9 Lacs
Resumes Modified: 3.9 Lacs
News Resumes Added: 12K/ Day

10. Revenue Sources for Naukri:
B2B revenues comprise ~ 90% of overall Naukri revenue and includes
–Resume database access
–Job listing
–Employer branding
–Career site manager
–Others
-Resume short listing and screening, campus recruitment – Non recruitment advertising

11. Naukri's Recruitment Management Services - empowering recruitment ecosystem 👇

12. Naukri App - with 10M+ downloads and 1M+ reviews 👇

13. Anyway their Core & Other business are past, whats interesting to watch is their Invested Business..especially:

'Zomato & PolicyBazaar and Ustraa & Happily Unmarried'

@gaurav28jain Gaurav Jain in his detail analysis video says~

Infoedge: Zomato & PolicyBaazar are expecting a valuation of 7 (3.5 + 3.5) billion dollar by 2021.
~ Infoedge hold 22% and 15% stake.

& Infoedge share will be 2.45 billion dollar at that valuation.
End

@connectgurmeet @Dinesh_Sairam
Gurmeet, Dinesh sirs, a short thread on Info Edge..

Info Edge's Invested Businesses - Valuations
1. policybazaar.com aims to go public in 2021 at a valuation of $ 3.5 billion.

* It's now selecting IPO lead underwriters like Wall Street Banks
* Their larger backers are SoftBank, Tiger Global & Tencent Holdings

... ..
* Planning for dual listing (India & USA), regulators working on regulations for such orgs to help list overseas
* It helps sell about a million (phew) policies a month.
* It helps buyer compare life, health, auto, travel & property policies from 40 insurers