Info Edge Share Price Target 2026: Brokerage firm Nuvama has delivered a bullish outlook on Naukri operator Info Edge’s stock after its Q4 FY26 results, citing moderate billings growth. The internet firm has posted an 11.48 per cent growth in consolidated net profit to Rs 756 crore in the March quarter, driven by recruitment solutions.
Info Edge Share Price Target 2026
Brokerage Nuvama has maintained a Buy rating on Info Edge’s stock with a target price of Rs 961.
“We expect moderate billings growth to translate into lower revenue
growth with a lag while growth in non-recruitment businesses shall
partially offset the moderation,” the brokerage said.
“Margins are likely to remain stable at current levels. We are tweaking FY27E/28E EPS by -0.9%/-0.7% as we factor in lower growth,” it added.
Info Edge had registered a profit of Rs 678 crore in the same period a year ago, Info Edge said in a filing on Friday.
The profit before tax of recruitment solutions of Info Edge grew about 21 per cent to Rs 346.8 crore from Rs 287.4 crore on a year-on-year basis.
Employee expenses, the biggest expense component of Info Edge, remained flat during the reported quarter and remained flat on a year-over-year basis.
The consolidated revenue from operations grew about Rs 16 per cent to Rs 869 crore during the quarter under review from Rs 749.6 crore in March FY25.
Info Edge posted a growth of net profit of Rs 34.5 per cent to Rs 1,763 crore for the year ended March 31, 2026 from Rs 1,310 crore in FY25.
The annual revenue from operations of Info Edge increased 15.27 per cent to Rs 3,285 crore in FY26 from Rs 2,849.5 crore a year ago.
Info Edge reported a mixed set of numbers for the third quarter, with profitability taking a hit even as operating performance strengthened marginally. Consolidated profit fell 13.9 per cent QoQ to Rs 272 crore, while revenue inched up 1.7 per cent to Rs 819 crore.
EBITDA rose 5.3 per cent sequentially to Rs 294 crore, helping expand the EBITDA margin to 35.9 per cent, from 34.6 per cent in the previous quarter.
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