Matrimony.com (MATRIMONY) Q4 25/26 earnings summary

Executive summary

• Achieved double-digit billing growth of 10.5% in matchmaking for Q4 FY26 and maintained leadership with 0.96 million paid subscribers and dominant market share, especially in southern India.

• Completed a share buyback of INR 58.5 crore in Q4 FY26 and maintained zero debt with strong free cash flow and a healthy balance sheet.

• Opened the first Elite Matrimony center in Hyderabad and expanded into new platforms and marriage services, including Luv.com, MeraLuv, MatchAstro, WeddingAssist, and Make My Wedding.

• Embedded AI across core products and invested in AI-based astrology startups, with new capabilities rolling out.

• Audited consolidated and standalone financial results for FY26 were approved, with unmodified audit opinions and a final dividend of Rs.5 per share recommended.

Financial highlights

• Q4 consolidated billing: INR 126.1 crore, up 9.9% year-over-year; Q4 consolidated revenue: INR 116.8 crore, up 7.9% year-over-year and 3.2% sequentially.

• Full-year consolidated revenue: INR 460 crore (INR 4,600 Mn), up 0.9% year-over-year; full-year consolidated billing: INR 488.6 crore, up 8% year-over-year.

• Q4 PAT: INR 9.7 crore, up 18.9% year-over-year; full-year PAT: INR 34.2 crore (INR 342 Mn), down from INR 45.3 crore (INR 452.8 Mn) last year.

• FY26 EBITDA was INR 52.5 crore (11.4% margin), down from INR 63.8 crore (13.9%) in FY25; Q4 EBITDA margin was 12.4%.

• Cash and investments closing balance: INR 308 crore (INR 3,078 Mn) as of March 31, 2026.

Outlook and guidance

• Confident in delivering robust Q1 performance with double-digit billing and revenue growth, and PAT expected to more than double year-over-year.

• Focus on customer segmentation, technology-driven user experience, and continued expansion of marriage services and new business verticals.

• Marketing expenses expected to remain at similar levels unless strategic changes are needed.

• Management does not foresee material adjustments from new labour codes and expects no material impact from ongoing legal proceedings with Google.