Info Edge (India) Limited (NAUKRI.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+34.6%

₹1,577.87

vs ₹1,172.40 price

Levered DCF

₹1,455.76

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

5.78

Safe zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	44.04×	91.46×	128.01×	-445.93×	4.55×	7.63×	-20.92×	7.41×
P/B	1.68×	12.62×	2.43×	3.58×	3.37×	10.01×	11.32×	8.8×
P/S	19.44×	154.55×	29.04×	20.44×	36.52×	47.89×	18.94×	19.44×
EV / EBITDA	28.07×	211.53×	73.48×	215.92×	4.06×	32.34×	-344.08×	29.98×
Gross margin	97.2%	97.3%	97.1%	97.3%	97.9%	97.5%	123.3%	122.5%
Operating margin	32.0%	31.0%	29.2%	21.6%	25.2%	21.4%	25.5%	25.3%
Net margin	44.1%	33.8%	22.7%	-4.6%	803.0%	125.6%	-18.1%	52.4%
Current ratio	2.47×	2.57×	2.9×	2.74×	3.04×	4.47×	2.38×	3×
Debt / equity	0.01×	0.01×	0.01×	0.01×	0×	0.01×	0.04×	0×
Interest coverage	38.27×	24.25×	20.94×	27.62×	35.1×	22.23×	23.77×	41.71×
Dividend yield	0.9%	0.1%	0.3%	0.4%	0.4%	0.0%	0.4%	0.3%
Payout ratio	37.5%	32.2%	42.6%	-179.8%	1.6%	0.0%	-41.1%	11.1%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	3.8%	2.8%	1.9%	-0.8%	74.0%	26.2%	-10.8%	23.7%
Return on invested capital	1.9%	1.4%	1.4%	-1.7%	1.9%	3.8%	14.7%	9.4%
Return on assets	3.0%	2.2%	1.6%	-0.6%	62.3%	22.4%	-8.2%	18.9%
Free cash flow yield	1.6%	0.2%	0.9%	0.9%	1.2%	0.5%	1.0%	1.1%
Earnings yield	2.3%	0.2%	0.8%	-0.2%	22.0%	2.6%	-1.0%	2.7%
Enterprise value	₹637.5B	₹4.4T	₹735.8B	₹477B	₹579B	₹534.4B	₹243.9B	₹221.5B
Net debt / EBITDA	-0.05×	0×	-0.09×	-1.15×	-0.01×	-0.35×	6.34×	-0.3×
Cash conversion cycle (days)	-440	-350	-413	-541	-1,289	-824	78	97