Info Edge (India) Limited shareholders approved all resolutions at its 31st annual general meeting held on August 25, 2026. The key outcome was the ratification of a ₹3.60 final dividend per equity share for FY26, confirming total payouts alongside two interim dividends of ₹2.40 each already paid.

The meeting, conducted via video conferencing from New Delhi, also addressed board composition. Shareholders voted to re-appoint Mr. Kapil Kapoor as a director retiring by rotation. Additionally, Ms. Radha Rajappa and Mr. Rajesh Magow were appointed as non-executive, independent directors through special resolutions.

Voting Results

The scrutinizer’s report indicated near-unanimous support for most agenda items. The adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026, received 100% approval. Similarly, the dividend resolution passed with unanimous backing from voting shareholders.

What the Numbers Show

While promoter and promoter group holdings accounted for 100% participation in voting across all resolutions, public institutional investors showed high engagement rates exceeding 92% on most items. However, public non-institutional shareholders participated at a significantly lower rate of approximately 25%, indicating that retail voting power remains concentrated among a smaller subset of active participants despite the remote e-voting facility.

Governance and Compliance

The voting process was scrutinized by M/s. Chandrasekaran Associates under Section 108 of the Companies Act, 2013. National Securities Depository Limited (NSDL) facilitated the electronic voting platform. The record date for determining voting eligibility was August 18, 2026. No invalid votes were recorded for any of the six resolutions considered during the assembly.

Info Edge (India) Limited reported a 15.0% year-on-year increase in standalone revenue to ₹30,520 million for FY26, driven by strong performance across its recruitment and real estate verticals.

The company’s standalone billings grew 10.3% to ₹31,775 million, while operating profit before tax (PBT) expanded 16.9% to ₹11,377 million, maintaining an operating PBT margin of 37.3%. Cash generated from operations before taxes stood at ₹14,693 million.

Financial Highlights

Shareholders received a total dividend of ₹8.40 per equity share for FY26, comprising a final dividend of ₹3.60 and two interim dividends of ₹2.40 each. This represents a 40% increase in payout compared to the previous year. The company also revised its Dividend Distribution Policy, targeting a payout of up to 65% of standalone PAT.

Business Segment Performance

The recruitment business remained the primary growth engine. Standalone billings grew 10.0% to ₹23,743 million, with revenue increasing 13.8% to ₹22,559 million. The platform hosts approximately 118 million resumes and around 13 million monthly active users.

Real estate portal 99acres saw revenue rise 18.8% to ₹4,881 million, supported by billings growth of 10.3% to ₹4,971 million. The platform’s share of web traffic time increased from 32% in June 2024 to 51% by March 2026.

Matchmaking operations recorded billings growth of 28.7% to ₹1,817 million across Jeevansathi and Aisle. Jeevansathi alone saw billings grow 28.5% to ₹1,424 million. Operating losses for the matchmaking portfolio reduced by almost half during the period.

Education business Shiksha faced headwinds due to AI-generated search summaries affecting organic traffic and tighter visa policies in key Western markets. The company is diversifying towards emerging destinations such as Continental Europe and the UAE.

What the Numbers Show

Info Edge’s cash position remains robust, with a standalone cash balance of ₹49,632 million as on March 31, 2026. This liquidity supports the company’s aggressive investment in artificial intelligence, which totaled approximately ₹700 million in FY26. The company expects this investment to rise to around ₹1.5 billion in FY27, reflecting a strategic shift towards embedding AI into core customer workflows across recruitment, real estate, and matchmaking platforms.

Governance and Investments

The 31st Annual General Meeting was held on August 25, 2026, via video conferencing. Shareholders approved the re-appointment of Mr. Kapil Kapoor as Director and the appointment of Ms. Radha Rajappa and Mr. Rajesh Magow as Non-Executive Independent Directors.

The company’s investment platform expanded with three new schemes: IE Venture Investment Fund III, B8 Fund I, and A88 Fund I. The total corpus of the Alternative Investment Fund (AIF) portfolio reached approximately ₹50 billion, spanning 135 companies with deployed capital of roughly ₹49 billion.