1. It has a cash-cow company– Naukri and IIMJobs which forms over 70% of their revenues and generates positive EBITDA of around 55%. Naukri has 70% market share including global players like Linkedin
2. There are 3 more companies 99Acres, JeevanSaathi and Shiksha. However, none of these are profit making, currently.
3. It then uses the profits to invest into various other companies like Zomato, PolicyBazaar, Happily unmarried etc. (investments form 52% of their total assets)
Apr 5, 2020 • 8 tweets • 2 min read
Which stock should one prefer in the footwear segment between Bata/Relaxo?
Organized market – 45%; Unorganized market – 55%
Bata operates in the premium category. Generally associated with the older generation. However, it has been rebuilding their portfolio of shoes to cater to the youth and to gain popularity, they have roped in young Bollywood stars;
Relaxo is for the mass population.
