This Zomato-Linked Fancy Internet Stock Announces First-Ever Stock Split

A stock's rise has no limits-it can keep soaring as long as the business thrives.

With strong growth, innovation, and market demand fuelling the momentum, there's no ceiling to how high it can go. As long as success continues, the uptrend can push new highs, breaking past expectations repeatedly.

A soaring stock price often signals a company's sustained growth and profitability, a trend commonly seen in well-established enterprises.

However, steep share prices can sometimes reduce trading activity, particularly among retail investors who may find them less accessible.

To tackle this, companies frequently announce stock splits, breaking shares into smaller units to enhance affordability while maintaining overall market value.

One such company gearing up for a stock split is Zomato linked IT company, Info Edge.

• The board of the company on 5 February 2025 had announced a stock split.
• The company has announced a stock split in the ratio of 1:5. This means the sub-division of the existing 1 equity share of a face value of Rs 10 each fully paid up into 5 equity shares of a face value of Rs 2 each fully paid up.
• Info Edge shares currently carry a face value of Rs 10 each and this is the first instance of the company dividing its stock.
• The record date for the stock split will be declared once the company secures approval for the proposal from its shareholders, it said in an exchange filing.

Earlier, the company issued bonus shares to its shareholders. However, that was back in 2010 and 2012 when it had declared a 1:1 bonus issue, meaning one free share for every one share held.

Recent Development...

Tech Startup Investment Surge

On 7 February 2025, consumer internet company Info Edge India announced a commitment of Rs 10 billion (bn) from its balance sheet to IE Venture Investment Fund III, as per its BSE filings.

Info Edge's venture funds operate in collaboration with Temasek, Singapore's sovereign wealth fund, with the latest fund expected to surpass Rs 20 bn. This fund will primarily focus on investing in tech-driven Indian startups.

The Alternate Investment Fund (AIF) allocates a significant portion to initial investments while reserving the rest for follow-on funding.

Info Edge follows a hybrid investment model, making direct investments from its balance sheet while channelling larger, structured venture bets through dedicated funds.

In 2020, it formalised its investment strategy by launching Info Edge Ventures, a US$ 100 million (m) fund co-sponsored by Temasek, aimed at backing early-stage startups across consumer internet, fintech, edtech, and software sectors in India.

A Close Look at the Financials

In the September 2024 quarter, the company's revenue from operations surged 15% YoY to Rs 7.2 bn.

Its net profit rose 61% to Rs 2.4 bn in the September 2024 quarter from Rs 17.9 bn in the same quarter a year ago.

The company reported an improvement in its operating profit margins at 39.2%, achieving a 20.4% growth in operating profit.

Info Edge's Financial Snapshot (FY20-24)

(Rs m, Consolidated)	FY20	FY21	FY22	FY23	FY24
Net sales	13,119	11,280	15,890	23,457	25,363
Sales Growth (%)	14	(-14)	40.9	47.6	8.1
Net Profit	(-2,457)	14,180	128,822	(-705)	5,946
Net Profit Margin (%)	(-18.7)	125.7	810.7	(-3)	23.4
Return on Equity (%)	(-11.4)	26.5	75.2	(-0.5)	2

Source: Equitymaster

Tts revenue saw a CAGR growth of 17.1%, over the last five years. The company turned profitable in FY24.

In terms of return ratios, the company's five-year average ROE is 20.7%.

What Next?

Info Edge aims to strengthen technological integration, drive sector-specific growth, and adapt to evolving global business dynamics. The company is entering a new phase of accelerated expansion, focusing on strategic product introductions.

Innovation and advanced technologies will play a key role in enhancing user experience and unlocking better monetization opportunities.

Looking ahead, the next growth phase will be fuelled by deeper market penetration in tier 2 and tier 3 cities across India. To support this expansion, Info Edge is scaling up its on-ground sales force, complementing its technology-driven business model.

How Shares of Info Edge have Performed Recently

The share price of Info Edge is down 11% so far in 2025. However, it's down over 1% in the last month.

Over the past one year, shares of the company have surged 44%.

The stock touched its 52-week high of Rs 9,194 on 6 January 2025 and its 52-week low of Rs 4,967 on 14 March 2024.

About Info Edge

Info Edge India Ltd is a leading consumer internet company known for its diverse digital businesses.

It operates some of India's most popular online platforms, including Naukri.com (job portal), 99acres.com (real estate), Jeevansathi.com (matrimony), and Shiksha.com (education).

The company is also a key investor in major startups like Zomato and Policybazaar.

It has a network of 79 offices located in 55 cities throughout India.

It has made forays abroad into the Gulf market with the website www.naukrigulf.com and currently has offices Dubai, Bahrain, Riyadh, Qatar, and Abu Dhabi.

Before making any investment, investors should evaluate the company's fundamentals, corporate governance, and the valuation as key factors when conducting due diligence.

To know more about the company check out its factsheet.

You can also compare Info Edge with its peers:

Info Edge vs Firstsource Solutions

Info Edge vs Eclerx

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