ICICI Securities has released its earnings estimates for matrimony.com for the third quarter of FY27 (October-December 2026), projecting a challenging financial performance for the internet services company. The brokerage house anticipates a significant decline in profitability amid ongoing market headwinds.

Financial Performance Projections

The earnings estimates present a mixed outlook for matrimony.com, with year-on-year comparisons showing notable declines across key financial metrics:

Revenue and Profitability Outlook

ICICI Securities expects matrimony.com's net sales to register a marginal decline of 1% year-on-year, reaching ₹110.30 crores in Q3 FY27. The quarter-on-quarter comparison shows a steeper decline of 3.7%, indicating potential sequential weakness in business momentum.

The most significant concern lies in the projected EBITDA performance, which is expected to contract by 27.1% year-on-year to ₹10.00 crores. This substantial decline in earnings before interest, tax, depreciation and amortisation suggests margin compression and operational challenges facing the company.

Quarterly Performance Analysis

While the year-on-year metrics paint a challenging picture, the quarter-on-quarter analysis reveals some stability in net profit, with a modest improvement of 1.7% expected. However, this marginal gain is overshadowed by the continued decline in both revenue and EBITDA on a sequential basis.

The projected financial performance reflects the broader challenges facing internet sector companies, with matrimony.com expected to navigate through a period of subdued growth and margin pressures in the upcoming quarter.

Matrimony.com Limited has announced a significant share buyback program following the approval by its Buyback Committee on January 20, 2026. The decision marks a strategic capital allocation move by the matrimonial services company, demonstrating confidence in its financial position and commitment to enhancing shareholder value.

Buyback Program Details

The Buyback Committee has finalized comprehensive terms for the share repurchase program. The key parameters showcase the company's structured approach to returning capital to shareholders.

The buyback size of ₹58.50 crores excludes various expenses including brokerage costs, fees, turnover charges, securities transaction tax, goods and services tax, stamp duty, advisor fees, filing fees, public announcement expenses, and other incidental charges.

Shareholder Eligibility and Process

The company has established clear guidelines for shareholder participation in the buyback program. Friday, January 30, 2026, has been designated as the record date for determining eligible shareholders and their respective entitlements. This date will serve as the cut-off for identifying equity shareholders who can participate in the buyback offer.

BSE Limited has been appointed as the designated stock exchange for facilitating the buyback process. This appointment ensures proper regulatory oversight and systematic execution of the share repurchase program through established market mechanisms.

Regulatory Compliance

The buyback announcement has been made in compliance with Regulation 30 and 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled its disclosure obligations by informing BSE Limited and making the information available on its official website at www.matrimony.com .

The formal communication was signed by Vijayanand Sankar, Company Secretary and Compliance Officer, ensuring proper authorization and documentation of the corporate action. This structured approach demonstrates the company's commitment to maintaining transparency and adhering to regulatory requirements throughout the buyback process.