Cash is king and for internet companies, it is often the lifeline that keeps them alive. So when you think of internet companies, you think of them as cash guzzlers that often use huge chunks of investor capital to gain scale and market share. An antithesis of all that we perceive internet companies to be is Noida-based Info Edge, the first internet company to be listed in India. Info Edge is the country’s leading online classifieds company with a leadership position in recruitment, real estate and a growing presence in matrimony and education. What makes Info Edge stand apart from other pure-play internet peers is the fact that its flagship business Naukri, which is the undisputed leader in the online recruitment space with a 73% traffic share, is a cash-generating machine which spews more than Rs.4 billion from operations. In fact, cash generation from the business has been rising steadily over the past couple of years thanks to high margins. Naukri, which brings in 70% of the revenue, has seen EBITDA margin improve from 51% to 56% over the past five years.
The Outperformers 2018
The first internet company to be listed in India, Info Edge’s ability to consistently generate cash allows it to invest in different avenues of growth
Summer wine and salad
Kishore Singh - January 19, 2015
A double topping for growth
Meghna Maiti - January 15, 2015
The million-dollar question: Is investing a game of luck or skill?
Shankar Sharma - May 04, 2021
Scriptures for success
Kripa Mahalingam - January 27, 2015
Where's the party tonight?
Aditi Saxena - January 27, 2015