Board Meeting Details

  • Meeting Date: November 10, 2026
  • Start Time: 12:10 PM
  • End Time: 03:45 PM

Key Approvals

The Board of Directors approved the following items:

1. Unaudited consolidated financial results of the Company and its subsidiaries as per Indian Accounting Standards (Ind AS) for the quarter and half year ended September 30, 2026

2. Unaudited standalone financial results of the Company as per Ind AS for the quarter and half year ended September 30, 2026

3. Acquisition of additional 50% stake in Astro-Vision Futuretech Private Limited (Associate Company) from existing 26.09% holding, making it a subsidiary upon completion

Acquisition Details (Astro-Vision Futuretech Private Limited)

  • Target Entity: Astro-Vision Futuretech Private Limited
  • Transaction Type: Acquisition of additional 50% stake
  • Current Holding: 26.09%
  • Post-Acquisition Holding: 76.09%
  • Purchase Consideration: ₹8 crores (all cash)
  • Completion Timeline: 3 months
  • Revenue (FY26): ₹20.57 crores
  • Industry: Consumer Internet
  • Related Party Transaction: No, not a related party transaction
  • Promoter Interest: Promoter and promoter group have no interest in the entity
  • Government Approvals: None required

Business Rationale for Acquisition

Astrology is core to Matrimony.com's match-making business, with majority of customers using Astro-Vision's software for horoscope prediction. The strategic investment is expected to create synergies in enhancing customer value and accelerating Astro-Vision's growth.

Target Company Background

  • Incorporation Date: April 10, 2001
  • Business: Pioneer in Vedic-based astrology solutions providing astrology content and software in more than 10 Indian languages
  • Platform: www.clickastro.com providing algorithm-based, personalized, multi-lingual astrology content
  • Traffic: Approximately 40,000 daily visitors, generating more than 25,000 reports per day
  • Mobile Apps: More than 10,000 mobile app downloads per day for consumers and astrologers
  • Physical Presence: Only in India
  • Historical Revenue:
  • FY24: ₹21.65 crores
  • FY25: ₹20.02 crores
  • FY26: ₹20.57 crores
  • Total Horoscopes Generated: More than 110 million till date

Financial Results - Consolidated (Quarter Ended September 30, 2026)

Income Statement Highlights

  • Revenue from Operations: ₹134.76 crores (Q2 FY26: ₹114.59 crores)
  • Other Income: ₹5.88 crores
  • Total Income: ₹140.64 crores
  • Total Expenses: ₹113.12 crores
  • Profit Before Tax and Share of Loss from Associate: ₹27.52 crores
  • Share of Loss from Associate: ₹0.21 crores
  • Profit Before Tax: ₹27.31 crores
  • Tax Expense: ₹6.58 crores
  • Profit for the Period: ₹20.73 crores
  • EPS (Basic): ₹10.03
  • EPS (Diluted): ₹10.02

Half-Year Performance (April-September 2026)

  • Revenue from Operations: ₹265.27 crores (H1 FY26: ₹229.92 crores)
  • Total Income: ₹277.71 crores
  • Profit Before Tax: ₹52.34 crores
  • Profit for the Period: ₹39.81 crores
  • EPS (Basic): ₹19.26

Financial Results - Standalone (Quarter Ended September 30, 2026)

  • Revenue from Operations: ₹132.66 crores
  • Other Income: ₹6.87 crores
  • Total Income: ₹139.53 crores
  • Total Expenses: ₹114.34 crores
  • Profit Before Tax: ₹25.19 crores
  • Tax Expense: ₹6.00 crores
  • Profit for the Period: ₹19.19 crores
  • EPS (Basic): ₹9.29
  • EPS (Diluted): ₹9.29

Half-Year Standalone Performance

  • Revenue from Operations: ₹261.07 crores
  • Profit Before Tax: ₹50.03 crores
  • Profit for the Period: ₹38.16 crores
  • EPS (Basic): ₹18.46

Segment Performance (Consolidated)

Quarter Ended September 30, 2026

  • Matchmaking Services Revenue: ₹133.87 crores (Segment Result: ₹31.36 crores)
  • Marriage Services & Others Revenue: ₹0.89 crores (Segment Result: -₹4.35 crores)

Half-Year Ended September 30, 2026

  • Matchmaking Services Revenue: ₹263.42 crores (Segment Result: ₹58.65 crores)
  • Marriage Services & Others Revenue: ₹1.85 crores (Segment Result: -₹8.26 crores)

Subsidiaries and Associates Included in Consolidated Results

The consolidated financial results include the following entities:

1. Matrimony.com Limited (Holding Company)

2. Sys India Private Limited (Subsidiary)

3. Consim Info USA Inc. (Subsidiary)

4. Matrimony FZCO (Subsidiary)

5. Boatman Tech Private Limited (Subsidiary)

6. Bangladeshi Matrimony Private Limited (Subsidiary)

7. Astro Vision Futuretech Private Limited (Associate)

Legal Matter Disclosure

The Company has an ongoing legal dispute with Google LLC regarding service fees under the Google Play Developer Distribution Agreement. The matter is currently under appeal with the Supreme Court of India after being dismissed by the Madras High Court on jurisdictional grounds. The Company's apps were temporarily delisted from March 1-6, 2024 but have since been restored after business model changes.

Labour Code Implementation

The Company has assessed the impact of the four Labour Codes notified by the Government of India on November 21, 2025, and currently does not foresee any material adjustment required in the financial results based on available information.

ESOP Details

  • Stock options granted during Q2 FY27: Nil (Q1 FY27: 22,000)
  • Stock options exercised during Q2 FY27: Nil
  • Total outstanding stock options as at September 30, 2026: 122,900

Compliance Officer

  • Name: Vijayanand Sankar
  • Designation: Company Secretary & Compliance Officer
  • ACS: 18951