CEO and CFO Message
“We are experiencing strong tailwinds in recruitment and real estate verticals. Post pandemic the gap between supply and demand of skills has increased globally. We expect this trend to continue in mid to long term and will create demand for platforms like naukri. ”
-Mr. Hitesh Oberoi, Managing Director and Chief Executive Officer, Info Edge (India) Ltd.
“Outstanding growth in billing, revenues, profitability and cash from operations. Naukri business has placed the company on a solid platform of consistent profitable growth. ”
- Mr. Chintan Thakkar, Whole Time Director and Chief Financial Officer, Info Edge (India) LtD
Key Highlights of Recruitment Solutions business for FY 2022
• Naukri business registered stellar growth in all key business matrices.
• Nearly 1 lakhs customer paid for Naukri subscription during the year.
• The billing from IT/ITES customers almost doubled during the year.
• Continued focus on new products launches (like Talent Pulse, Enterprise resdex, etc)
and value selling helped average billing per customer grow by 25%+
• Record growth in biling of newly acquired brands i.e iimjobs, hirist, Zwayam and Select.
Key Highlights for FY 2022
• EPS before considering exceptional items stood at Rs 35.78 per share , a YOY growth of ~62%.
• The Board declared dividend of Rs 13 per share ( Rs 8 per share interim and Rs 5 per share as final
dividend) for the year 2022.
• Exceptional gains (~9.5k Cr) in standalone financials booked during the year mainly comprises of marked to market gain on account of Zomato listing as on 23rd July’21.
• During the year , IEIL and its WOS invested Rs 278 Cr in strategic investments ( Aisle ,4B networks) , Rs 81 Cr in acquisitions ( Zwayam and Do Select) and Rs 301 Cr in financial investments.
• IEIL proposes to set up 3 AIF/ schemes with a target corpus of USD 325Mn. MacRitchie Investment Pte Limited - an indirect wholly owned subsidiary of Temasek Holding Pvt Limited and Info Edge India Limited, have committed to approximately 50% each of total corpus of the scheme.
• During the year, 2 investee companies of our financial portfolio, Zomato and Policy Bazaar got successfully listed on BSE and NSE.