Info Edge share price target 2026: Q4 FY26 numbers, broker calls

Stock closes higher, intraday swings stay in focus

Shares of Info Edge (India) Ltd, the Naukri.com operator, closed at ₹961.20 on Friday, up 3.80% on the BSE. The move followed the company’s January to March quarter (Q4 FY26) performance, which the market tracked closely for billings trends and profitability.

During the session, the stock was also cited as trading at ₹953.55 around 1:55 PM, up about 3% versus the previous close of ₹926.25. The same market snapshot listed an open of ₹932.00. Separately, another data point in the text referenced ₹960.95, up ₹34.70 (3.75%).

These price references collectively underline the volatility around earnings and business updates, where investors often react to billings growth versus expectations as much as headline profit numbers.

Q4 FY26 results: profit rises, revenue grows at a faster clip

Info Edge reported a strong Q4 FY26 on key profitability metrics. Standalone net profit jumped 21.2% year-on-year to ₹309.13 crore, while revenue from operations rose 17.17% year-on-year to ₹805.09 crore.

The report also described the quarter as showing a 22% profit rise, margin improvement, and market share gains. While the profit growth is stated in two close ranges (21.2% and 22%), both indicate a solid improvement year-on-year.

The results came against the backdrop of moderated billings growth, which became the central point of debate among brokerages covering the stock.

Billings growth: total billings at ₹1,057 crore, but below some expectations

For Q4 FY26, total billings were reported at ₹1,057 crore. This represented 7.4% growth compared with ₹984 crore in Q4 FY25. Another line in the provided text described the billings increase as 7.45% year-on-year to ₹1,057.1 crore, consistent with the same overall number.

One update also stated overall billings growth of 10% year-on-year in Q4 FY26, highlighting that billings growth was referenced in multiple ways across summaries. However, the repeated quarter billings figure of about ₹1,057 crore anchors the update.

A key market point was that the reported billings growth fell short of Street expectations of around 11% growth, which contributed to a negative reaction in at least one trading session where the stock was cited down about 2% at ₹1,012 versus a previous close of ₹1,033.

Segment signals: Naukri growth stronger than 99acres

The update highlighted a divergence within Info Edge’s operating segments. Naukri B2C billings rose 33% year-on-year, while Naukri Gulf registered 9% growth. Another note stated that Naukri and 99acres billings grew by 9.5% and 1.9%, respectively, indicating a far slower pace for the real estate listings business in the quarter.

Broker commentary in the text also referenced a transition in 99acres that weighed on overall performance, alongside weakness in the Gulf business.

Dividend: final payout of ₹3.60 per share

Info Edge declared a final dividend of ₹3.60 per share alongside its Q4 FY26 performance update. For many investors, dividends provide an additional data point on capital allocation, especially during periods when billings growth is closely scrutinised.

The dividend announcement was mentioned alongside margin improvement and market share gains, signalling management confidence as described in the summary.

Nuvama view: Buy rating cited, but targets vary across notes

One section of the provided text stated that brokerage firm Nuvama delivered a bullish outlook after Q4 FY26 results, citing moderate billings growth. It also said Nuvama maintained a Buy rating with a target price of ₹961.

In other parts of the same input set, Nuvama Institutional Equities was quoted saying it expects hiring by IT companies to improve, which could support billings growth. Another note said Nuvama increased its target price to ₹7,050 from ₹6,500, implying about 20% upside, and separately referenced a higher target of ₹9,100 from ₹8,800.

These target numbers are inconsistent within the provided material, but they collectively show that Nuvama’s stance was described as positive and linked to hiring conditions, utilisation, and attrition trends in IT services.

Nomura, HSBC and Citi: Buy-Buy-Sell split on targets

The text also cited a clear split among global brokerages. Nomura maintained a Buy rating and raised its target price to ₹1,500, pointing to a 7.5% year-on-year increase in fourth-quarter billings and recruitment billings growth that remained within a 9% to 11% range seen in previous quarters.

HSBC retained a Buy rating with a target price of ₹1,525. HSBC’s positive view was linked to robust recruitment growth in the fourth quarter, though it also flagged weakness in the Gulf business and the transition in 99acres as factors weighing on overall performance.

In contrast, Citi maintained a Sell rating with a target price of ₹1,120, highlighting a sequential slowdown in recruitment billings growth from 11% in Q3 and 10.8% in Q2 to 9.5% in Q4.

Market consensus: majority still skewed to Buy

A “common consensus” snapshot in the provided text showed 70% Buy, 15% Hold and 15% Sell. Separately, Bloomberg data cited in the input stated that out of 21 analysts tracking Info Edge, 16 had a Buy rating, four recommended Hold, and one suggested Sell.

That same Bloomberg summary said the average 12-month analysts’ consensus target implied an upside of 25.1%. These consensus datapoints matter because they frame whether a single quarter’s billings print changes the broader narrative, or remains a near-term debate.

Key numbers and broker targets at a glance

What investors are watching after Q4 FY26

The immediate market debate centres on whether billings growth is merely “moderate” or structurally slowing relative to expectations. The quarter’s billings number near ₹1,057 crore, and commentary that it fell short of around 11% growth expectations, helps explain why the stock reacted both positively after results and negatively after a business update in different instances.

At the business level, Naukri’s billings momentum remains a key support, with strong growth pockets such as Naukri B2C and steady performance in recruitment billings. But slower growth in 99acres and the Gulf segment has been repeatedly flagged as a drag in the provided broker summaries.

Conclusion

Info Edge’s Q4 FY26 update combined higher profits and improved margins with billings growth that, in parts of the market, was seen as below expectations. Broker views remain mixed, with Buy ratings from Nomura and HSBC alongside a Sell from Citi, while consensus ratings still lean positive. The next set of business updates and any further commentary on recruitment demand and 99acres performance will remain the key near-term checkpoints for investors.