Info Edge Q4 FY26 profit up 22% as stock hits lows

Why Info Edge is in focus

Info Edge (India) Ltd, the company behind Naukri.com, has been back in the spotlight after its stock traded near 52-week lows even as reported profit growth stayed strong. The move came around the time the company released its update for the quarter and financial year ended March 31, 2026. Market sentiment was also influenced by a cautious note from JM Financial, which retained a negative stance on the stock.

The situation reflects a familiar market setup where fundamentals and near-term trading signals are moving in opposite directions. On one side, the company reported a sharp improvement in net profit. On the other, broker commentary and technical indicators highlighted continued pressure on the share price.

Stock price snapshot and key levels (May 22, 2026)

As of May 22, 2026, Info Edge shares were quoted at ₹960.95 at 03:57 PM IST, up 3.75% from the previous share price of ₹942.25. The stock’s 52-week range in the provided data was ₹914.80 to ₹1,550.00.

The market data also showed a wide distance between current levels and the one-year high, keeping the discussion anchored on whether the decline is driven by valuation, portfolio volatility, or softer operating momentum. Separately, one snapshot highlighted a day’s range of ₹920.10 to ₹985.00.

What triggered the latest weakness

Info Edge shares came under pressure after the company announced its financial update for the quarter and year ended March 31, 2026. In one trading session referenced, the stock fell 4.55% to an intraday low of ₹985.7 on the NSE. At 10:35 AM that day, the stock was at ₹996.60, down 3.50% from the previous close of ₹1,032.70.

The broader market was also softer at the same time, with the NSE Nifty50 at 23,869, down 128 points or 0.53%. Even with the index in the red, Info Edge’s move stood out because it followed a business update that some investors considered underwhelming.

JM Financial retains ‘Reduce’ and cuts target price

JM Financial retained its ‘Reduce’ rating on Info Edge and cut its target price by 4.5% to ₹1,050 from ₹1,100. The brokerage attributed the revision mainly to a sharp correction in the stock prices of key investee companies such as Eternal and PB Fintech.

JM Financial said it continues to use a sum-of-the-parts (SOTP) method to derive a March 2027 target price of ₹1,050. It also maintained a 25x target multiple for the recruitment segment. Based on the note, the revised target implied an upside of nearly 6.5% from the then current market price.

Q4 FY26 profit growth: the positive counterpoint

Despite the stock weakness, the company reported profit momentum in the latest quarter. Info Edge (India) Ltd’s net profit rose 22.1% year-on-year to ₹565.80 crore in Q4 2025-2026.

On a sequential basis, the company recorded a 108.24% jump in net profit compared with the previous three-month period. This profit growth is one of the main reasons the stock remains closely tracked, even when near-term trading signals look negative.

Billings update: Q4 and FY26 numbers

Another key datapoint in the update was billings growth. For Q4 FY26, billings increased 7.4% to ₹1,057.1 crore. For FY26, billings rose 10.3% to ₹3,177.5 crore.

A separate market note also reported that Naukri’s billings rose 9.5% year-on-year to ₹811 crore (reported as ₹8.11 billion) but described this as lower than what was seen in the prior two quarters of FY26. Total billings growth was cited at 7.5% year-on-year in the same note.

Technical picture: moving averages and short-term trend

Multiple snapshots in the provided data flagged sustained technical weakness. The stock was described as trading below all key moving averages: 5-day, 20-day, 50-day, 100-day, and 200-day, which is typically read as a continuing downtrend.

One observation said the stock underperformed its sector by 0.54% on the day it hit a new low. Another snapshot said it marginally outperformed its sector by 0.58% on a day it recorded an intraday decline of 3.24% and closed with a day change of -0.32%. Across these updates, the common signal was continued pressure and cautious positioning.

How far the stock is from the peak

Info Edge was also measured against its prior high to frame the drawdown. One data point said the stock fell from a 52-week high of ₹1,549 to ₹948.2, a decline of about 38.8%. Separately, the stock’s one-year high of ₹1,550 was cited as occurring on June 10, 2025.

In terms of recent momentum, one update said the stock lost 5.71% over four days and traded in a narrow range of ₹8.6, suggesting subdued volatility alongside persistent bearish sentiment.

Key numbers at a glance

Market impact and what investors are weighing

For investors, the debate is being shaped by three parallel tracks in the data. First, profit growth in Q4 was strong, with both year-on-year and sequential increases. Second, billings growth in the March quarter was reported as softer than expectations in some brokerage commentary, which can influence how the market views forward momentum in the core recruitment business.

Third, Info Edge’s investment portfolio has been a focus, with JM Financial explicitly linking its target cut to corrections in investee company prices such as Eternal and PB Fintech. Against this backdrop, the stock trading below key moving averages and the drawdown from the 52-week high reinforce caution, even as company-level profitability remains a supportive datapoint.

Conclusion

Info Edge is dealing with a split narrative: reported Q4 FY26 profit growth and steady billings growth for FY26, but a share price that has hovered near 52-week lows and faced target cuts from at least one major brokerage. JM Financial’s retained ‘Reduce’ rating and revised ₹1,050 target has added to near-term caution, while the company’s latest profit numbers keep the fundamentals in focus.

The next market cues are likely to continue coming from updated operating trends in billings and how the market marks down or revalues the company’s investment portfolio, both of which featured prominently in the latest moves.