MATRIMONY

Matrimony.Com financials

Market cap
₹1.1k Cr
Sector
Consumer Services
Calls analysed
7
Latest concall · Q1 FY27 · call held 11 Aug 2026

Matrimony.Com Limited Q1 FY27

Consolidated Revenue ₹130.5 cr +13%Consolidated EBITDA Margin 20.1% Consolidated PAT ₹19.1 cr +127%

What went well

  • Consolidated PAT increased by 127% year-on-year to ₹19.1 crores.
  • Consolidated billing grew 7.8% year-on-year to ₹136.0 crores.
  • Consolidated revenue grew 13.2% year-on-year to ₹130.5 crores.

What to watch

  • ATV for the Matchmaking business dropped 6.7% quarter-on-quarter.
  • Other business billing declined 13.8% year-on-year.
Read the full call →

What Matrimony.Com Limited does

Matrimony.com runs India's largest online matchmaking business, earning subscription revenue from paid profiles on its flagship BharatMatrimony brand, 17 regional-language portals (TamilMatrimony, KeralaMatrimony, TeluguMatrimony, BengaliMatrimony, HindiMatrimony, etc.) and over 300 community-specific sites (ChristianMatrimony, MuslimMatrimony, SikhMatrimony, JainMatrimony and others) under CommunityMatrimony.com. It supplements the online product with an on-ground network of retail matrimony centres, assisted-matchmaking and Elite Matrimony services, plus the vernacular Jodii app. The company has forward-integrated into an asset-light wedding-services marketplace, WeddingBazaar and Mandap, connecting customers to third-party vendors for photography, catering, decor and venue bookings.

Segments

  • Matchmaking Services
  • Marriage Services and others
Paid subscription base
0.96 Mn profiles (FY26)
On-ground retail presence
120+ outlets/centres
Employees
2,500+ (as of Mar 31, 2026)
Regional matrimony portals (BharatMatrimony network)
17
Community-based matrimony sites (CommunityMatrimony.com)
300+
Marriage-services vendor network
1,00,000+ vendors across 40+ cities
Founded 2000Headquarters Chennai, Tamil Nadu, IndiaEmployees 2,500 (FY26) Company website

Guidance record · Q1 FY27

what the last two calls moved 23 tracked 9 delivered 3 missed 11 open
  • PAT Growth (YoY) delivered said Q4 FY26 Promised: expect the PAT to more than double in Q1 compared to Q1 of previous year Q1 FY27: Q1 FY27 PAT was INR 19.1 crores, a 127.5% YoY growth over Q1 FY26's INR 8.4 crores. The promise was met.
  • Product Launch went quiet said Q1 FY26 Promised: We're going to launch a new product at the end of quarter 3 Q1 FY27: Management addressed the 'Love.com' strategy after previous silence, stating plans to invest and improve the product. However, the original launch deadline of Q3 FY26 was missed and unaddressed for two quarters.
  • ManyJobs Monetization on track said Q1 FY26 Promised: We expect to get it monetized from this quarter onwards. Q1 FY27: No specific update on ManyJobs this quarter. The initiative is considered ongoing as part of new ventures.

All 23 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 13.3%, net profit up 137.5% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue113 109 106 113 112 −1%111 +2%115 +8%128 +13%
EBITDA16 12 6 11 11 −31%11 −8%12 +100%25 +127%
Net profit13 10 8 8 8 −38%9 −10%8 +0%19 +138%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +2.1% 1Y

₹400₹450₹500₹550Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 13 Nov 2025Q3 FY26 — 12 Feb 2026Q4 FY26 — 14 May 2026Q1 FY27 — 11 Aug 2026

1Y: ₹504.15 on 10 Sept 2025 → ₹514.8. High ₹569.45 (22 Jan 2026), low ₹379.3 (13 Mar 2026).

How the price took the results

close before → close after

Q1 FY27
+11.8%
11 Aug
Q4 FY26
+3.6%
14 May
Q3 FY26
+0.4%
12 Feb
Q2 FY26
−2.7%
13 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue fell 0.2% a year over 3 years, FY23 to FY26. Operating margin narrowed to 10.0%.

Year endingFY23FY24FY25FY26
Revenue₹454 Cr₹472 Cr₹446 Cr₹451 Cr
Operating profit₹66 Cr₹66 Cr₹52 Cr₹45 Cr
Operating margin14.6%14.0%11.7%10.0%
Interest₹6 Cr₹4 Cr₹4 Cr₹4 Cr
Depreciation₹30 Cr₹28 Cr₹28 Cr₹26 Cr
Net profit₹47 Cr₹49 Cr₹45 Cr₹33 Cr
Net margin10.3%10.4%10.1%7.3%
Cash from operations₹57 Cr₹56 Cr₹49 Cr₹70 Cr
Free cash flow₹50 Cr₹36 Cr₹36 Cr₹59 Cr
ROCE16.0%20.0%19.0%17.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹11 Cr₹11 Cr₹11 Cr₹11 Cr₹11 Cr₹10 Cr
Reserves₹250 Cr₹300 Cr₹244 Cr₹281 Cr₹236 Cr₹195 Cr
Borrowings₹60 Cr₹69 Cr₹68 Cr₹58 Cr₹55 Cr₹49 Cr
Other liabilities₹128 Cr₹139 Cr₹143 Cr₹151 Cr₹164 Cr₹182 Cr
Total liabilities₹449 Cr₹519 Cr₹466 Cr₹501 Cr₹467 Cr₹437 Cr
Fixed assets₹127 Cr₹87 Cr₹81 Cr₹78 Cr₹86 Cr₹74 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹91 Cr₹121 Cr₹117 Cr₹153 Cr₹174 Cr₹201 Cr
Other assets₹231 Cr₹311 Cr₹267 Cr₹270 Cr₹207 Cr₹161 Cr
Total assets₹449 Cr₹519 Cr₹466 Cr₹501 Cr₹467 Cr₹437 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, promoters added +5.17 pp while DIIs trimmed −3.54 pp.

Promoters
58.4%
FIIs
19.2%
DIIs
5.2%
Public
17.2%

Since Jun 2025

  • Promoters +5.17 pp
  • DIIs −3.54 pp
  • FIIs −3.13 pp

How it drifted, 12 quarters

Over this window promoters went from 51.6% to 58.4% — +6.8 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 51.6%, FIIs 25.7%, DIIs 11.9%, Public 10.7%.Dec '23: Promoters 51.6%, FIIs 25.6%, DIIs 11.8%, Public 11.1%.Mar '24: Promoters 51.6%, FIIs 23.0%, DIIs 11.9%, Public 13.5%.Jun '24: Promoters 51.6%, FIIs 22.8%, DIIs 10.7%, Public 14.9%.Sep '24: Promoters 51.6%, FIIs 23.0%, DIIs 8.9%, Public 16.5%.Dec '24: Promoters 53.3%, FIIs 22.4%, DIIs 8.5%, Public 15.9%.Mar '25: Promoters 53.3%, FIIs 22.2%, DIIs 8.6%, Public 15.9%.Jun '25: Promoters 53.3%, FIIs 22.3%, DIIs 8.7%, Public 15.7%.Sep '25: Promoters 54.3%, FIIs 22.2%, DIIs 7.5%, Public 16.0%.Dec '25: Promoters 54.6%, FIIs 22.1%, DIIs 7.3%, Public 15.9%.Mar '26: Promoters 58.3%, FIIs 19.3%, DIIs 7.2%, Public 15.2%.Jun '26: Promoters 58.4%, FIIs 19.2%, DIIs 5.2%, Public 17.2%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Matrimony.Com Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
J Murugavel 58.33%+0.17 pp
Nalanda India Equity Fund Limited FPI fund8.90%unchanged
Massachusetts Institute Of Technology Endowment7.13%unchanged
Marathon Edge India Fund I VC / PE2.17%unchanged
Eternity Capital Fund AIF1.74%unchanged
Vara Future Llp 1.63%+0.49 pp
Vinod Hashmatrai Punwani 1.26%newly disclosed
Deepa M 0.10%unchanged
Infomax Interactive Private Limited 0.00%unchanged
Indrani Janakiraman 0.00%unchanged
Arjun Murugavel 0.00%unchanged
J Ravi 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Growth trap

To justify its price of ₹515, this stock must grow earnings at 23% every year for 7 years. Our analysis caps realistic growth at ~-9%. At that growth it is worth ₹93 — downside of 82%.

Growth the price implies
22.7% a year
for 7 years, fading to 4%
It has actually compounded at
-11.0% a year
net profit, FY23–FY26 · EPS -9.2%
The gap
0.3 pp
-82% downside if it only repeats history
Price today ₹514.8 Value at the reference growth ₹92.88

Change the assumptions yourself →

All earnings calls (7)

Read the Q1 FY27 call →

Learn to analyse Matrimony.Com Limited

Guides on how to read this kind of business and the numbers that matter.