Motilal Oswal has maintained a Neutral rating on Info Edge (INFOE) with a target price of Rs 1,250 in its research report dated August 10, 2026. According to the report, the target price implies a 2.5% downside from current levels. The brokerage values the company's operating entities using DCF valuation methodology.
Info Edge's standalone revenue stood at ₹8.2 billion in Q1FY27, representing a 12% year-on-year growth and 2.4% quarter-on-quarter increase. As reported by Motilal Oswal, the performance was in line with their estimate of approximately ₹8.1 billion. The company's EBITDA margin came in at 44%, up 60 basis points quarter-on-quarter, which exceeded their estimate of 41.5%. Total billings rose 14.4% year-on-year to ₹7.4 billion. Adjusted PAT was up 22.3% year-on-year to ₹3.1 billion, surpassing their estimate of ₹2.9 billion.
According to Motilal Oswal's projections, in Q2FY27, Info Edge's revenue, EBITDA, and adjusted PAT are expected to grow 14.0%, 19.2%, and 14.5% year-on-year respectively. The brokerage's sum-of-the-parts (SoTP) based valuation methodology indicates the ₹1,250 target price. In Q1FY27, the company's revenue, EBITDA, and adjusted PAT grew 12%, 30.6%, and 22.3% year-on-year respectively, demonstrating strong operational performance across key metrics.
The research report was published on August 10, 2026, with the target price of ₹1,250 representing a 2.5% downside from current levels. Motilal Oswal's Neutral rating reflects their assessment of the company's performance and growth prospects in the current market environment, with the brokerage maintaining their previous recommendations based on the company's consistent operational improvements.
