Current price is more than the intrinsic value

Intrinsic Value

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The big fat Indian wedding season is on. The wedding industry in the country is estimated to be around $50 bn and is growing at a rate of 25-30% annually. Murugavel Janakiraman, Founder and CEO of Matrimony.com said that there is no threat of the third wave of COVID-19 as of now but remains watchful of the situation. Weddings are going on full throttle and the demand is on the rise. Janakiraman believes that the market is tilted towards high growth at the moment and so loss making companies are doing well. He expects to get into better growth numbers in coming quarter and is looking at profitability. Watch his views on industry competition and expansion plans.
Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3

Subscribe Now To Our Network Channels :-
Times Now  : http://goo.gl/U9ibPb
The NewsHour Debate : http://goo.gl/LfNgFF

To Stay Updated Download the Times Now App :-
Android Google Play :  https://goo.gl/zJhWjC
Apple App Store :  https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Wedding Season On Full Throttle: Murugavel Janakiraman Of Matrimony.com Shares Insights

Murugavel Janakiraman founder-CEO of Matrimony.com Ltd speaks on what made him start matrimony.com. 

#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex

CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.

For latest news and updates visit our Website: https://bit.ly/2YbpXBM
Subscribe to our Channel: https://www.youtube.com/user/CNBCTV18
Like us on Facebook: https://www.facebook.com/cnbctv18india/
Follow us on Twitter: https://twitter.com/CNBCTV18News

Murugavel Janakiraman Speaks On What Prompted Him To Start Matrimony.Com | Mad Over Markets

Sales rose 17.91% to Rs109.97cr in the quarter ended September 2021.

Matrimony.com consolidated net profit rises 61.50% in Q2; stock ends 2% higher

Matrimony.com consolidated net profit rises 61.50% in the September 2021 quarter

The company also incorporated a wholly-owned subsidiary company under the name

Matrimony.com completes acquisition of 100% stake in Boatman Tech; Stock gains over 1.5%

The stock of Matrimony.com has gained nearly 1.8x in a year and has scaled down about 9% from its recent July highs. The Matchmaking company delivered strong performance during Q1 results posting a billing growth of 29% and revenues growth of 21.5%. Profit grew to Rs 14crore up 37% QOQ and 48% YOY. In an exclusive interaction with ET NOW Murugavel Janakiraman, Founder and CEO, Matrimony.com said, “we saw strong billing growth and increase in paid subscription, expect business momentum to continue”. EBITDA margin in matchmaking business has improved to slightly over 27%  and expect margin to reach about 30% in next few quarters. While there were recent challenges due to Covid, Matchmaking business has been largely insulated from economic recession. The management is setting up operations in Bangladesh, Sri Lanka and looking to expand in south Asian countries. The company will continue to expand in India and remains open for inorganic growth opportunities. Poonam Saney shares more details…
Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3

Subscribe Now To Our Network Channels :-
Times Now  : http://goo.gl/U9ibPb
The NewsHour Debate : http://goo.gl/LfNgFF

To Stay Updated Download the Times Now App :-
Android Google Play :  https://goo.gl/zJhWjC
Apple App Store :  https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Positive business momentum to continue; Expect margins to improve to 30%: Matrimony.com

Business has been doing well, and we saw 20% increase in paid subscription, says Murugavel Janakiraman, Founder and CEO, Matrimony.com. Ebitda margin in matchmaking stands at 27%, expect it to reach about 30% in next few quarters. The company saw strong billing growth and increase in paid subscription; Business has been good and we expect the momentum to continue, he says. He also expects Shaadisaga to help get more number of paid members. While during Covid people did not get marries, but matchmaking business was not get impacted. Watch the full interview here to know more about the business which is insulated from economic recession as well as the pandemic.
Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3

Subscribe Now To Our Network Channels :-
Times Now  : http://goo.gl/U9ibPb
The NewsHour Debate : http://goo.gl/LfNgFF

To Stay Updated Download the Times Now App :-
Android Google Play :  https://goo.gl/zJhWjC
Apple App Store :  https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Ebitda margin in matchmaking; increase in paid subscription | Murugavel Janakiraman, Matrimony.com

Matrimony.com - Robust Margin Performance In Q1: ICICI Direct

Murugavel Janakiraman, founder & CEO of Matrimony.com shares his views on the firm's Q1 results. Matrimony.com on Thursday reported a 47.5 per cent growth in its consolidated net profit for the quarter ended June 2021 at ₹13.8 crore. The consumer internet company posted a net profit of ₹9.36 crore for the corresponding quarter in the previous year. Revenue from operations rose 21.5 per cent to ₹105.45 crore in the first quarter of the current fiscal against ₹86.80 crore in the year-ago quarter. The company said it added 2.2 lakh paid subscriptions during the quarter.

#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex

CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.

For latest news and updates visit our Website: https://bit.ly/2YbpXBM
Subscribe to our Channel: https://www.youtube.com/user/CNBCTV18
Like us on Facebook: https://www.facebook.com/cnbctv18india/
Follow us on Twitter: https://twitter.com/CNBCTV18News

Murugavel Janakiraman Of Matrimony.com Speaks On The Firm's Q1 Results | Chartbusters | CNBC Tv18

During July 2021, the Company has signed definitive agreements to acquire a 100% stake in Boatman Tech Private Limited, promoters of ShaadiSaga.com, as approved by its Board of Directors.

Matrimony.com reports a strong start to FY22; Net profit growth of 47.6% yoy

Matrimony.com consolidated net profit rises 47.49% in the June 2021 quarter

MATRIMONY.COM LIMITED is an India-based provider of online matchmaking services in India

Matrimony.Com Ltd

Matrimony.Com Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Wedding Season On Full Throttle: Murugavel Janakiraman Of Matrimony.com Shares Insights

News Video

Murugavel Janakiraman Speaks On What Prompted Him To Start Matrimony.Com | Mad Over Markets

Matrimony.com consolidated net profit rises 61.50% in Q2; stock ends 2% higher

Matrimony.com consolidated net profit rises 61.50% in the September 2021 quarter

Matrimony.com completes acquisition of 100% stake in Boatman Tech; Stock gains over 1.5%

News Video

Positive business momentum to continue; Expect margins to improve to 30%: Matrimony.com

News Video

Ebitda margin in matchmaking; increase in paid subscription | Murugavel Janakiraman, Matrimony.com

Matrimony.com - Robust Margin Performance In Q1: ICICI Direct

Matrimony.Com Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Wedding Season On Full Throttle: Murugavel Janakiraman Of Matrimony.com Shares Insights

News Video

Murugavel Janakiraman Speaks On What Prompted Him To Start Matrimony.Com | Mad Over Markets

Matrimony.com consolidated net profit rises 61.50% in Q2; stock ends 2% higher

Matrimony.com consolidated net profit rises 61.50% in the September 2021 quarter

Matrimony.com completes acquisition of 100% stake in Boatman Tech; Stock gains over 1.5%

News Video

Positive business momentum to continue; Expect margins to improve to 30%: Matrimony.com

News Video

Ebitda margin in matchmaking; increase in paid subscription | Murugavel Janakiraman, Matrimony.com

Matrimony.com - Robust Margin Performance In Q1: ICICI Direct

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock