MATRIMONY - Matrimony.com
📢 Recent Corporate Announcements
Matrimony.com reported a consolidated net profit of ₹8.30 crore for Q3 FY26, a 16.7% decrease from ₹9.97 crore in the corresponding quarter last year. Revenue from operations saw a marginal increase of 1.6% YoY to ₹113.24 crore, though it declined sequentially from ₹114.59 crore in Q2. For the nine months ended December 2025, net profit dropped significantly by 34% to ₹24.46 crore compared to ₹37.10 crore in the previous year. The decline in profitability is primarily attributed to rising employee costs and other operational expenses despite stable advertising spends.
- Q3 FY26 Net Profit at ₹8.30 crore vs ₹9.97 crore in Q3 FY25, a decline of 16.7% YoY.
- Revenue from operations for the quarter stood at ₹113.24 crore, up 1.6% YoY but down 1.2% sequentially.
- 9M FY26 Net Profit fell sharply to ₹24.46 crore from ₹37.10 crore in 9M FY25.
- Quarterly Earnings Per Share (EPS) decreased to ₹3.85 from ₹4.54 in the year-ago period.
- Employee benefit expenses rose to ₹37.43 crore in Q3 FY26 from ₹34.24 crore in Q3 FY25.
Matrimony.com Limited has successfully completed the extinguishment of 8,93,129 equity shares following a buyback via the tender offer route. This action has reduced the total number of outstanding equity shares from 2,15,63,422 to 2,06,70,293. As a result of the reduced share base, the promoter and promoter group's holding has increased from 54.61% to 56.96%. The total paid-up capital of the company now stands at ₹1033.51 lakhs, down from ₹1078.17 lakhs.
- Extinguished 8,93,129 fully paid-up equity shares of face value ₹5 each on February 23, 2026.
- Total equity share capital reduced from 2,15,63,422 to 2,06,70,293 shares.
- Promoter and Promoter Group shareholding increased from 54.61% to 56.96% post-buyback.
- The buyback was executed through the tender offer route with the tendering period ending February 11, 2026.
Matrimony.com Limited has successfully concluded its share buyback program, purchasing 8,93,129 equity shares through the tender offer route. The buyback was executed at a price of ₹655 per share, involving a total cash outflow of ₹5,850 Lakhs excluding transaction costs. This move resulted in the retirement of approximately 4.14% of the company's total paid-up equity share capital. The buyback size represented nearly the maximum statutory limit of 25% of the company's net worth as of March 31, 2025.
- Successfully bought back 8,93,129 equity shares of face value ₹5 each
- Buyback price finalized at ₹655 per share, representing a total consideration of ₹5,850 Lakhs
- The shares bought back constitute 4.14% of the total equity share capital of the company
- Utilized 24.81% of the aggregate consolidated paid-up capital and free reserves
- The buyback was completed via the Tender Offer route with the record date set as January 30, 2026
Matrimony.com Limited has published its unaudited financial results for the quarter and nine months ended December 31, 2025. The company reported a consolidated total income of ₹126.54 crore for the quarter, up from ₹121.41 crore in the same period last year. Net profit for the quarter stood at ₹13.03 crore, showing a year-on-year growth of approximately 11.4% from ₹11.70 crore. The results indicate steady operational performance in the company's core matchmaking and marriage services segments.
- Consolidated Total Income for Q3 FY26 reached ₹126.54 crore vs ₹121.41 crore YoY.
- Net Profit for the quarter ended December 31, 2025, increased to ₹13.03 crore from ₹11.70 crore YoY.
- Total Income for the nine-month period ended December 31, 2025, stood at ₹379.86 crore.
- Basic Earnings Per Share (EPS) for the quarter improved to ₹5.86 from ₹5.24 in the previous year's corresponding quarter.
- Total Comprehensive Income for the quarter was reported at ₹12.74 crore.
Matrimony.com Limited has released the audio recording of its earnings conference call for the third quarter of FY 2025-26, held on February 12, 2026. This disclosure is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The recording allows investors to hear management's detailed commentary on the company's financial performance and strategic outlook. The link is hosted on the company's official website for public access.
- Audio recording of the Q3 FY26 earnings call is now available for public review.
- The conference call was conducted on February 12, 2026, following the quarterly results.
- Compliance filing under Regulation 30 and Schedule III of SEBI LODR Regulations.
- Recording link is hosted on the company's website under the newsroom/investor section.
Matrimony.com reported consolidated revenue of INR 3,432 million for the nine months ended December 31, 2025, with the matchmaking segment contributing 99% of total income. The core matchmaking business maintained an EBITDA margin of 18%, generating INR 611 million, while the marriage services segment continues to be a drag with an EBITDA loss of INR 93 million. The company remains debt-free with a paid subscription base of 0.73 million for the 9M period. While it maintains a dominant market share in South India, the overall revenue run-rate appears slightly lower compared to the previous two fiscal years.
- Consolidated revenue for 9M-FY26 reached INR 3,432 Mn, with 99% coming from matchmaking services.
- Matchmaking segment reported an EBITDA of INR 611 Mn with an 18% margin and 0.73 Mn paid subscriptions.
- Marriage services vertical remains loss-making with an EBITDA loss of INR 93 Mn on revenue of INR 34 Mn.
- The company maintains a strong financial position with zero debt and a market cap of ~INR 11,479 Mn as of Dec 2025.
- Operational reach includes 120+ retail outlets and a network of over 300,000 vendors in the wedding marketplace.
Matrimony.com reported a weak performance for Q3 FY26, with Net Profit declining 16.7% YoY to ₹83 million. While revenue saw a marginal growth of 1.6% YoY to ₹1,132 million, the 9-month performance shows a sharper decline in profitability, with Net Profit down 33.9% YoY. A concerning trend is the 4.6% YoY drop in paid subscriptions, although this was partially offset by a 13.3% increase in Average Transaction Value (ATV). Deferred revenue grew significantly by 39% YoY to ₹916 million, suggesting some future revenue visibility despite current margin pressures.
- Net Profit for Q3 FY26 fell 16.7% YoY to ₹83 million, while 9M FY26 profit slumped 33.9% to ₹245 million.
- Revenue from Matchmaking Services grew slightly by 1.8% YoY to ₹1,121 million, but Marriage Services revenue fell 15.7%.
- Paid subscriptions declined 4.6% YoY to 0.23 million, indicating challenges in user acquisition or retention.
- Average Transaction Value (ATV) improved by 13.3% YoY to ₹5,144, helping mitigate the volume drop.
- Deferred Revenue increased by 39% YoY to ₹916 million, providing a buffer for upcoming quarters.
Matrimony.com reported a mixed Q3 performance with billing growth of 7.8% YoY reaching Rs 117.9 crores, despite it being a seasonally weak quarter. However, Profit After Tax (PAT) saw a significant year-on-year decline of 16.7% to Rs 8.3 crores, though it improved 7% sequentially. The core matchmaking segment drove billing growth, but paid subscriptions fell by 4.6% YoY to 2.27 lakhs. To support shareholder value, the company has initiated a share buyback worth Rs 58.50 crores to be completed by Q4 FY26.
- Consolidated billing grew 7.8% YoY to Rs 117.9 crores, while revenue rose 1.6% YoY to Rs 113.2 crores.
- Profit After Tax (PAT) stood at Rs 8.3 crores, reflecting a 16.7% YoY decline but a 7% sequential recovery.
- Matchmaking billing increased 8% YoY to Rs 117.0 crores, though paid subscriptions declined 4.6% YoY to 2.27 lakhs.
- Company initiated a share buyback of Rs 58.50 crores, expected to be completed by Q4 FY26.
- Management expects growth momentum to accelerate in Q4 following the seasonally weak Q3.
Matrimony.com reported a consolidated net profit of ₹8.3 crore for Q3 FY26, marking a 16.7% decline compared to ₹9.97 crore in the same quarter last year. Revenue from operations saw a marginal year-on-year growth of 1.6%, reaching ₹113.24 crore. On a sequential basis, net profit grew by 7% from ₹7.76 crore in Q2 FY26, despite a slight dip in revenue. However, the nine-month performance remains weak, with net profit dropping 34% to ₹24.46 crore compared to ₹37.10 crore in the previous year.
- Consolidated Revenue from operations stood at ₹113.24 crore, up 1.6% YoY but down 1.2% QoQ.
- Net Profit for Q3 FY26 was ₹8.30 crore, a significant drop from ₹9.97 crore in the year-ago period.
- Nine-month (9M FY26) net profit fell sharply by 34% to ₹24.46 crore from ₹37.10 crore in 9M FY25.
- Advertisement and business promotion expenses remained high at ₹45.12 crore, representing nearly 40% of revenue.
- Basic Earnings Per Share (EPS) for the quarter decreased to ₹3.85 from ₹4.54 in Q3 FY25.
Matrimony.com Limited has scheduled an analyst and institutional investor conference call for February 12, 2026, at 4:00 PM IST. The purpose of the call is to discuss the company's financial performance for the third quarter and nine-month period of FY26. The session will be led by the Chairman & Managing Director, Mr. Murugavel Janakiraman, and the Chief Financial Officer, Mr. Harigovind Krishnasamy. This is a standard regulatory disclosure under SEBI Listing Obligations.
- Conference call scheduled for February 12, 2026, at 16:00 hours IST.
- Agenda includes discussion of Q3 and 9M-FY26 financial results.
- Top management including the CMD and CFO will be representing the company.
- Universal dial-in numbers provided are +91 22 6280 1144 and +91 22 7115 8045.
- International toll-free numbers available for Singapore, Hong Kong, UK, and USA.
Matrimony.com Limited has officially issued a public announcement regarding the buyback of its equity shares through the tender offer route. This follows the board's decision to return capital to shareholders in compliance with SEBI (Buyback of Securities) Regulations, 2018. The company has completed the required newspaper publications in Financial Express, Makkal Kural, and Jansatta as of February 6, 2026. This stage marks the formal commencement of the buyback process where eligible shareholders can tender their shares.
- Buyback to be executed through the Tender Offer route as per SEBI Regulations.
- Public announcement published in Financial Express, Makkal Kural, and Jansatta on February 5-6, 2026.
- The move indicates management's intent to utilize surplus cash and potentially improve earnings per share (EPS).
- Formal filing submitted to the National Stock Exchange (NSE) on February 6, 2026.
Matrimony.com has announced a buyback of up to 8,93,129 equity shares at a price of ₹655 per share, representing a total outlay of ₹58.5 crore. The buyback constitutes 4.14% of the total paid-up equity capital and approximately 24.81% of the company's consolidated net worth. The offer will be executed via the tender route, with the record date fixed as January 30, 2026. The tendering period is scheduled from February 5 to February 11, 2026.
- Buyback price fixed at ₹655 per share, involving a total expenditure of ₹5,850 lakhs.
- Small shareholder entitlement ratio is 8 shares for every 75 shares held (approx 10.6%).
- General category entitlement ratio is 4 shares for every 45 shares held (approx 8.8%).
- The buyback size represents 24.81% of the total paid-up equity capital and free reserves.
- Tender offer window opens on February 5, 2026, and closes on February 11, 2026.
Matrimony.com has finalized resolutions for a buyback of 8,93,129 equity shares at ₹655 per share via the tender offer route. The total buyback size is ₹58.5 crore, representing 4.14% of the total equity and approximately 24.8% of the company's free reserves. Crucially, the promoters and promoter group have opted not to participate in the offer, which significantly improves the potential acceptance ratio for public and retail shareholders. The buyback price offers a substantial premium of over 26% compared to the market price on the board meeting date.
- Buyback price of ₹655 per share represents a ~26.3% premium over the December 15, 2025, closing price.
- Total buyback size is ₹5,850 Lakhs, involving 8,93,129 shares (4.14% of total equity).
- Promoters and Promoter Group have officially declared they will not participate in the buyback.
- The buyback represents 24.81% of the aggregate paid-up capital and free reserves on a consolidated basis.
- 15% of the buyback (approx. 1,33,970 shares) is reserved for small shareholders as per SEBI regulations.
Matrimony.com has announced a buyback of up to 8,93,129 equity shares at a price of ₹655 per share, representing a significant premium. The total buyback size is capped at ₹58.5 crore, which accounts for 21.82% of the company's consolidated paid-up capital and free reserves. Importantly, the promoters have chosen not to participate in this offer, which will likely result in a higher acceptance ratio for public shareholders and an increase in promoter stake post-buyback. The record date for determining eligibility is January 30, 2026.
- Buyback of up to 8,93,129 shares at ₹655 per share via the tender offer route.
- Total aggregate amount for the buyback is ₹5,850 lakhs (₹58.5 crore).
- Promoters and promoter group will not participate in the buyback offer.
- The buyback represents 21.82% of the total paid-up equity capital and free reserves.
- Record date for eligibility of shareholders is set for January 30, 2026.
Matrimony.com Limited has finalized a share buyback program worth up to Rs. 58.5 crores. The company will purchase up to 8.93 lakh equity shares at a fixed price of Rs. 655 per share, representing 4.14% of its total paid-up capital. The record date to identify eligible shareholders for participation has been set for January 30, 2026. This corporate action typically aims to return surplus cash to shareholders and improve earnings per share.
- Buyback price set at Rs. 655 per equity share
- Total buyback size capped at Rs. 5,850 lakhs excluding transaction costs
- Up to 8,93,129 shares to be repurchased, representing 4.14% of total equity
- Record date for eligibility fixed as January 30, 2026
- BSE Limited appointed as the designated stock exchange for the buyback
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).