Matrimony.Com Limited (MATRIMONY)
₹538.85 +0.37% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Matrimony.Com's revenue was ₹131 Cr (+13.2% year on year, +13.7% on the previous quarter), and net profit ₹19.1 Cr (+127.1% year on year); the operating margin was 20.1%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹131 | +13.2% | +13.7% |
| Operating profit | ₹26.3 | +108.2% | +498.4% |
| Net profit | ₹19.1 | +127.1% | +96.5% |
| EPS (₹) | 9.23 | +137.3% | +96.4% |
| Operating margin | 20.1% | — | — |
MATRIMONY delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 51.81% of the MATRIMONY shares traded on NSE were taken to delivery, against the stock's own 20-session average of 65.88%. That is lower than usual for this stock. Turnover was only ₹39 lakh, so a handful of trades can move this figure. Volume was 0.5 times its average, well below normal.
Delivery in the last 5 sessions: 62.6% · 72.5% · 90.3% · 74.9% · 51.8%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Matrimony.Com has published its preliminary consolidated billings update for the quarter and half-year ended September 30, 2026 ahead of detailed financial results. Consolidated billings for Q2 grew 10.7% YoY to ₹13,109 Lakhs (₹131.09 Cr), driven primarily by Matchmaking Services which grew to ₹13,030 Lakhs. For H1 FY27, total billings reached ₹26,711 Lakhs (₹267.11 Cr), marking a 9.2% YoY increase compared to ₹24,461 Lakhs in H1 FY26. Marriage Services & Others remained small, slipping to ₹79 Lakhs in Q2 from ₹93 Lakhs in Q2 FY26.
- Q2 billings rose 10.7% YoY to ₹13,109 Lakhs from ₹11,844 Lakhs
- H1 FY27 billings increased 9.2% YoY to ₹26,711 Lakhs from ₹24,461 Lakhs
- Matchmaking Services contributed ₹13,030 Lakhs in Q2 vs ₹11,751 Lakhs in the previous year
- Marriage Services & Others segment contracted to ₹79 Lakhs in Q2 vs ₹93 Lakhs in Q2 FY26
Matrimony.com announced that its Special Leave Petition (SLP) before the Supreme Court challenging the Madras High Court Division Bench order dated August 11, 2026, has been dismissed as withdrawn on September 7, 2026 (order received September 8, 2026). The dispute involves trademark infringement of 'Jodi365' filed by FreeElective Network Private Limited. The company confirmed it is currently in the process of complying with the Madras High Court order. The financial implications or damages, if any, were not disclosed in the filing.
- Supreme Court dismissed the SLP as withdrawn vide order dated September 7, 2026
- Order received by Matrimony.com on September 8, 2026
- Matter pertains to trademark infringement of 'Jodi365' under OSA. (CAD) 159 / 2022 against FreeElective Network
- Company confirmed compliance with the Madras High Court Division Bench order dated August 11, 2026 is underway
Matrimony.com released its Q1 earnings call transcript, highlighting a 127.5% YoY jump in consolidated PAT to Rs 19.1 crore alongside revenue growth of 13.2% YoY to Rs 130.5 crore. Core matchmaking billing rose 8.0% YoY to Rs 135.3 crore, driven by 2.72 lakh paid subscription additions (up 15.9% QoQ). Consolidated EBITDA margin expanded to 20.1% from 11.0% a year ago, while cash balances reached Rs 342 crore. Management provided a positive outlook for Q2, guiding for double-digit YoY matchmaking revenue growth and triple-digit YoY PAT growth.
- Consolidated PAT surged 127.5% YoY and 96.2% QoQ to Rs 19.1 crore in Q1.
- Matchmaking EBITDA margin improved to 26.9% (Rs 34.9 crore) versus 17.6% in the previous year.
- Paid subscriber additions grew 15.9% QoQ to 2.72 lakhs, with matchmaking ATV rising 4.2% YoY.
- Cash and cash equivalents stood strong at Rs 342 crore (approx. 30% of market cap of Rs 1,132 crore).
- Management guided for continued triple-digit YoY PAT growth and double-digit revenue growth in Q2.
Matrimony.com Limited has informed the exchange that Mr. Harigovind Krishnasamy has been relieved from his position as Chief Financial Officer (CFO) effective close of business on August 17, 2026. This formalizes the transition following an earlier intimation submitted by the company on August 11, 2026. A successor to the CFO position has not been named in this disclosure. For context, the company operates with a TTM revenue of ₹471 Cr and a net profit of ₹45 Cr.
- Mr. Harigovind Krishnasamy relieved as CFO effective close of business hours on August 17, 2026
- Filing follows the initial resignation notice dated August 11, 2026
- Successor appointment details not disclosed in the filing
- Company manages a TTM revenue base of ₹471 Cr and net worth of ₹205 Cr
Matrimony.com has received a judgment from the Madras High Court regarding a trademark infringement suit filed by Free Elective Network Private Limited concerning the mark 'Jodi365'. On August 11, 2026, the Division Bench partially allowed the appeal, reversing a previous dismissal from July 2022, though it notably dismissed the request for monetary damages. The company, which maintains a TTM PAT of ₹34 Cr, intends to appeal this decision in the Supreme Court. While the lack of damages is a relief, the partial allowance of the injunction suit could impact specific branding or product usage.
- Madras High Court Division Bench partially allowed the appeal on August 11, 2026.
- The court dismissed the relief for monetary damages against Matrimony.com.
- The original suit for injunction was previously dismissed by the High Court on July 14, 2022.
- Company is currently contemplating an appeal before the Hon’ble Supreme Court based on legal advice.
Matrimony.com has completed the mandatory newspaper publication of its unaudited financial results for the quarter ended June 30, 2026. The results were published on August 12, 2026, in Financial Express (National) and Makkal Kural (Regional). This follows the Board of Directors' approval of the results on August 11, 2026. This is a routine regulatory filing under SEBI LODR Regulation 47 and contains no new material financial information beyond the previously released results.
- Financial results for the quarter ended June 30, 2026, were published in newspapers on August 12, 2026.
- The Board of Directors approved the unaudited financial results in a meeting held on August 11, 2026.
- Publications were made in Financial Express (English) and Makkal Kural (Tamil) as per regulatory requirements.
- The filing confirms compliance with Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Matrimony.Com Limited has concluded its 25th Annual General Meeting (AGM) on August 11, 2026, with shareholders approving all proposed resolutions. A dividend of Rs 5 per share for FY25-26 was ratified, offering a yield of approximately 0.93% at the current price of Rs 537.1. The meeting also saw the formal adoption of FY26 audited financials, which reported a TTM revenue of Rs 456 Cr and PAT of Rs 34 Cr. Additionally, the re-appointment of Director Chinnikrishnan Ranganathan was approved with a 98.79% majority.
- Dividend of Rs 5 per share declared for FY25-26, approved by 99.99% of voting shares.
- Adoption of FY26 consolidated financial statements passed with 1,46,34,842 votes in favor.
- Re-appointment of Director Chinnikrishnan Ranganathan (DIN: 00550501) secured 98.79% approval.
- The AGM was conducted via video conferencing with the e-voting period ending August 10, 2026.
Matrimony.com reported a consolidated revenue of Rs 130.5 Cr for Q1 FY27, with the matchmaking segment contributing 99% of total business. The company added 0.27 million paid subscribers during the quarter, though the annual paid base has seen a decline from 1.07 Mn in FY24 to 0.96 Mn in FY26. Financial health remains robust with a zero-debt balance sheet and liquid investments totaling Rs 127.9 Cr as of June 30, 2026. The matchmaking segment continues to be the primary driver, delivering a healthy 26.9% EBITDA margin for the quarter.
- Q1 FY27 consolidated revenue reached Rs 130.5 Cr, accounting for ~28.6% of the previous full year's revenue.
- Paid subscription base for the quarter stood at 0.27 million profiles, compared to 0.96 million for the full FY26.
- Matchmaking segment EBITDA margin improved to 26.9% in Q1 FY27 from 19.0% in FY26.
- Total liquid assets including cash, bank balances, and investments stood at approximately Rs 136.3 Cr.
- The company maintains a zero-debt status with a market capitalization of Rs 817.8 Cr as of June 30, 2026.
Matrimony.Com has disclosed the audio recording link for its Q1 FY 2026-27 earnings conference call held on August 11, 2026. The company currently operates with a TTM revenue of ₹456 Cr and a PAT of ₹34 Cr. Investors should note management's focus on increasing the Average Transaction Value (ATV), which recently stood at ₹4,914, up 2.9% QoQ. The call likely details the impact of long-term subscription packages which have created a ₹20 Cr gap between billings and GAAP revenue.
- Earnings conference call for Q1 FY 2026-27 conducted on August 11, 2026
- Company maintains a TTM revenue of ₹456 Cr with an operating profit margin of 7.0%
- Average Transaction Value (ATV) increased 2.9% QoQ to ₹4,914 as per recent operational updates
- Management previously identified a ₹20 Cr gap between billings and GAAP revenue due to subscription accounting
- Paid subscribers in a recent quarter stood at 0.24 Mn, reflecting a 9% QoQ decline
Shareholders of Matrimony.com have approved all resolutions at the 25th Annual General Meeting held on August 11, 2026. Key approvals include the adoption of FY26 financial statements and a final dividend of ₹5 per share. Based on the FY26 EPS of ₹16.04, this represents a dividend payout ratio of approximately 31%. All resolutions passed with significant majorities, ranging from 98.79% to 99.99% of valid votes cast.
- Final dividend of ₹5 per share approved for the financial year 2025-26
- Adoption of audited standalone and consolidated financial statements passed with 99.99% votes in favour
- Re-appointment of Mr. Chinnikrishnan Ranganathan as Director approved with 98.79% majority
- A total of 1,46,35,697 valid votes were cast across the four ordinary resolutions
- FY26 annual revenue stood at ₹455.74 Cr with a net profit of ₹34.17 Cr
Matrimony.com Limited has announced the resignation of its Chief Financial Officer (CFO), Mr. Harigovind Krishnasamy, effective August 17, 2026. The resignation was submitted on May 4, 2026, citing personal reasons to relocate to Bengaluru, providing the company with a three-month transition period. This leadership change comes as the company manages a TTM revenue of Rs 456 Cr and navigates a shift toward long-term subscription packages that has impacted short-term GAAP revenue recognition by approximately Rs 20 Cr. The company has not yet named a successor for the Key Managerial Personnel (KMP) role.
- CFO Harigovind Krishnasamy to be relieved from services on August 17, 2026
- Resignation letter was originally dated May 4, 2026, allowing for a standard notice period
- Company reported TTM Revenue of Rs 456 Cr and TTM PAT of Rs 34 Cr
- Operating Profit Margins (OPM) stood at 7.0% for the TTM period ending March 2026
- Average Transaction Value (ATV) recently increased 2.9% QoQ to INR 4,914
Matrimony.com reported a robust Q1 FY2027 with net profit surging 127.5% YoY to ₹19.1 Cr. Revenue grew 13.2% YoY to ₹130.5 Cr, while billings reached ₹136.0 Cr, up 7.8% YoY. A key highlight is the significant EBITDA margin expansion to 20.1%, nearly doubling from 11.0% in Q1 FY2026. Paid subscriptions also showed a healthy recovery, growing 15.9% QoQ to 0.27 million.
- Net Profit surged 127.5% YoY to ₹19.1 Cr in Q1 FY2027 compared to ₹8.4 Cr in Q1 FY2026
- EBITDA margin expanded to 20.1% from 11.0% in the same quarter last year
- Paid subscriptions increased by 15.9% QoQ to 0.27 million during the quarter
- Deferred revenue grew 28.4% YoY to ₹106.5 Cr, providing strong future revenue visibility
- Average Transaction Value (ATV) stood at ₹4,973, a 4.2% increase YoY despite a 6.7% QoQ dip
Matrimony.com reported a robust start to FY27 with consolidated Profit After Tax (PAT) surging 127.5% YoY to ₹19.1 cr. Revenue grew 13.2% YoY to ₹130.5 cr, while billings increased 7.8% to ₹136.0 cr. The core matchmaking segment remains the primary driver, contributing ₹129.5 cr to revenue. Notably, paid subscriptions saw a strong sequential recovery, growing 15.9% QoQ to 2.72 lakhs, indicating improved user acquisition efficiency.
- Consolidated PAT reached ₹19.1 cr, a 127.5% increase over the previous year's quarter.
- Consolidated Revenue grew 13.2% YoY to ₹130.5 cr, representing ~28% of TTM revenue in a single quarter.
- Paid subscriptions added in Q1 stood at 2.72 lakhs, a 15.9% growth on a sequential (QoQ) basis.
- Matchmaking segment billings grew 8.0% YoY to ₹135.3 cr.
- Total billings for the quarter stood at ₹136.0 cr, showing consistent 7.8% growth both YoY and QoQ.
Matrimony.com has approved its unaudited financial results for the quarter ended June 30, 2026. A key management change was announced with the resignation of CFO Harigovind Krishnasamy, who will be relieved on August 17, 2026. Five subsidiaries contributed a combined revenue of ₹2.98 Cr and a net profit of ₹1.34 Cr to the consolidated figures. The company remains in a legal dispute with Google over Play Store service fees, with an appeal currently pending in the Supreme Court of India.
- CFO Harigovind Krishnasamy resigned and will be relieved from services on August 17, 2026
- Five subsidiaries generated ₹2.98 Cr in revenue and ₹1.34 Cr in net profit for the June quarter
- 22,000 new stock options were granted to employees during the quarter ended June 30, 2026
- Total outstanding stock options as of June 30, 2026, stand at 135,400 units
- Group recorded a ₹9 Lakhs share of net loss from its associate, Astra Vision Futuretech
Matrimony.Com has scheduled its Q1 FY2027 earnings conference call for August 11, 2026, at 16:00 IST. The call will be led by Chairman & Managing Director Mr. Murugavel Janakiraman to discuss the company's performance for the quarter ended June 30, 2026. This follows a fiscal year (FY26) where the company generated Rs 456 Cr in revenue but saw a decline in net profit to Rs 34 Cr compared to Rs 45 Cr in FY25. Investors will be looking for updates on the Rs 20 Cr billing-to-revenue gap caused by the shift to long-term subscription packages.
- Conference call scheduled for August 11, 2026, at 16:00 hours IST
- Discussion to focus on Q1 FY2027 financial results and operational updates
- Company reported TTM revenue of Rs 456 Cr with an operating profit margin of 7.0%
- Management previously reported an Average Transaction Value (ATV) of Rs 4,914
- Call coordinated by ICICI Securities with universal access numbers +91 22 6280 1144
Financial Performance
Revenue Growth by Segment
Matchmaking revenue, which constitutes 99% of total revenue, was INR 113.5 Cr in Q2 FY26, representing a 0.5% QoQ decline. In FY25, Matchmaking revenue was INR 449.96 Cr (down 4.74% YoY), while Marriage Services & Others revenue was INR 5.88 Cr (down 34.6% YoY from INR 8.99 Cr).
Geographic Revenue Split
Not disclosed in available documents, though the company maintains a subsidiary in Dubai to serve international business reasons.
Profitability Margins
PAT margin for Q2 FY26 was 6.7%, a sharp decline from 11.4% in Q2 FY25 (down 460 bps). FY25 Net Profit Margin was 9.82% compared to 10.27% in FY24, driven by lower matchmaking volumes.
EBITDA Margin
Consolidated EBITDA margin was 10.8% in Q2 FY26, down 438 bps from 15.2% in Q2 FY25. Matchmaking segment EBITDA margin was 17.1% in Q2 FY26 compared to 22.6% a year ago, primarily due to the accounting gap between billings and revenue recognition.
Capital Expenditure
The company spent INR 12.82 Cr on capital expenditure during FY25 to support its technological infrastructure and operational needs.
Credit Rating & Borrowing
Not disclosed in available documents; however, the company maintains a strong cash and investment balance of INR 327.9 Cr as of Q2 FY26.
Operational Drivers
Raw Materials
As a digital service provider, the primary 'raw' operational costs are Marketing Expenses (40% of revenue) and Employee Costs. Marketing expenses for Matchmaking were INR 45.8 Cr in Q2 FY26.
Key Suppliers
Not applicable; the company relies on digital advertising platforms (Google, Meta) and media agencies for customer acquisition.
Capacity Expansion
Current capacity is measured by paid profiles, which stood at 9.95 Lakhs in FY25 (a 7.29% YoY decrease). The company added 0.24 Mn paid subscribers in Q2 FY26, a 9% QoQ decline.
Raw Material Costs
Marketing costs represent approximately 40% of revenue. In Q2 FY26, marketing spend was INR 45.8 Cr, slightly up from INR 45.2 Cr YoY, as the company continues to invest in brand visibility despite revenue pressure.
Manufacturing Efficiency
Operational efficiency is tracked via Matchmaking margins excluding marketing, which stood at 57.4% in Q2 FY26 compared to 62.1% in the previous year.
Logistics & Distribution
Not applicable; services are distributed digitally via web and mobile applications.
Strategic Growth
Expected Growth Rate
10%
Growth Strategy
The company is implementing long-term subscription packages (6-12 months) to increase Average Transaction Value (ATV), which rose 2.9% QoQ to INR 4,914. Management expects double-digit billing growth to eventually flow into P&L revenue starting Q4 FY26 as the billing-to-revenue gap narrows.
Products & Services
Online matchmaking subscriptions, astrology services (Astro-Vision), and marriage-related services.
Brand Portfolio
BharatMatrimony, Matrimony.com.
New Products/Services
Expansion into the Astrology segment and enhanced long-term matchmaking packages are expected to drive future revenue growth.
Market Expansion
Targeting deeper penetration in the matchmaking market through customer segmentation and increasing the Average Transaction Value (ATV).
Market Share & Ranking
The company claims market leadership in the online matchmaking industry in India.
Strategic Alliances
The company holds a stake in associate company Astro-Vision, which contributed a share of loss of INR 0.062 Cr in Q2 FY26.
External Factors
Industry Trends
The industry is shifting toward longer-term engagement models and integrated marriage services. Matrimony.com is positioning itself by widening its service funnel to include astrology and marriage services.
Competitive Landscape
Faces intense competition which can impact pricing and margins; management responds through innovative segmentation and marketing.
Competitive Moat
The moat is built on network effects (25,350+ success stories in Q2 FY26) and brand trust. This is sustainable because a larger user base increases the probability of matches, creating a virtuous cycle that competitors find difficult to replicate.
Macro Economic Sensitivity
Revenue is sensitive to the Indian marriage season and general consumer discretionary spending on digital services.
Consumer Behavior
Shift toward longer-duration packages indicates a consumer preference for sustained search capabilities rather than short-term access.
Geopolitical Risks
Minimal, though international operations in Dubai are subject to local regulations.
Regulatory & Governance
Industry Regulations
The company actively engages in forums to advocate for interests regarding new digital regulations that may impact the business environment and data privacy.
Taxation Policy Impact
The effective tax rate for Q2 FY26 was 21.96%. The company benefited from lower LTCG tax rates on certain holdings in FY25.
Risk Analysis
Key Uncertainties
The primary uncertainty is the timing of the 'billing-to-revenue' catch-up. If billing growth does not accelerate as expected, the current margin compression (EBITDA down 29.2% YoY) could persist longer than the projected Q4 FY26 recovery.
Geographic Concentration Risk
Highly concentrated in the Indian market, with specific focus on regional matchmaking segments.
Third Party Dependencies
High dependency on digital advertising platforms for user acquisition and traffic.
Technology Obsolescence Risk
Risk of platform obsolescence if the company fails to keep pace with UI/UX trends or mobile-first consumer shifts.
Credit & Counterparty Risk
Low risk as most revenue is collected upfront via digital payments (subscriptions).
