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Black Bear Labs MATRIMONY · 9M-FY21 · investor presentation

MATRIMONY

Matrimony.com presented its performance for the first nine months of FY21, highlighting revenue growth and increased profitability. The company emphasized its leadership in the Indian matchmaking market with a strong focus on technology-driven services and strategic expansion into niche communities.

Balance-sheet ratios

11.0%
PAT Margin

Scale of reported figures

Consolidated Revenue₹372 crNet Profit After Tax (PAT)₹31 crEBITDA₹53 cr

Key financials

Consolidated Revenue₹372 crore
Net Profit After Tax (PAT)₹30.6 crorevs INR 228 Mn in 9M-FY20
EBITDA₹52.7 crorevs INR 424 Mn in 9M-FY20
PAT Margin11.0%

Segment commentary

Matchmaking Services

The company reported strong growth in paid subscriptions and increased focus on niche communities like RajasthaniMatrimony and BihariMatrimony.

Marriage Services

Expansion into complementary services such as venue bookings and photography, with a growing vendor network.

Guidance & outlook

  • Continued investment in technology to enhance user experience.
  • Strategic launches of new community-focused platforms.

Key takeaways

  • Matrimony.com is leveraging technology and community-specific strategies to maintain its market leadership.
  • The company's focus on expanding into niche markets is driving growth in both paid subscriptions and revenue.
  • Operational efficiencies are improving margins despite marketing expenses.

Risks flagged

  • Market competition
  • Economic conditions affecting consumer spending

In their words

“Excluding marketing expenses, our margins in matchmaking continue to increase due to operational efficiencies.”— Management
herofinancialssegmentstakeawaysquote
Educational analysis only. Not investment advice. Consult a SEBI-registered advisor before investing. Source: https://nsearchives.nseindia.com/corporate/MATRIMONY_08022021114307_NSEInvestorPresentation08022021final.pdf
Full transcript (2,650 words)
matrimony.com e, February 2021 National Stock Exchange of India Ltd orporate Relationship Department ExchangePlaza,5th Floor SS PlotNo:C/1,G Siock PhirozeJeej Towers SandraKurlaComplex, Sandra (E) DalalStreet, Mumbai- Mumbai- 400051 DearSir/Madam, Sub: Submission of the copy of Investor presentation under regulation 30of SEBI (Listing Obligations & Disclosure Requirements) Regulations. 2015. Ref: BSE Scrip code: 5407041 NSESymbol: MATRIMONY Pursuant to Regulation 30 of the SESI (Listing Obligations & Disclosure Requirements) Regulations,2015, pleasefind enclosedthe copyof Investorpresentationfor the quarterand ninemonthsended December 31,2020. The aforesaid presentation is also being hosted on the website of the Company viz., www.matrimony.com. Submittedfor your information and records. Thankingyou Yoursfaithfully, ForMatrimony.com Limited s~t~nd Company Secretary & Compliance Officer ACS: 18951 No.94,TVH Beliciaa Towers, Tower II,5 Floor, MRC Nagar, Raja Annamalaipuram th Chennai - 600028 matrimony.com ltd. . (CIN: L63090TN2001PLC047432) Corporate &Registered Office: No.94TVH BeliciaaTowers,Tower2,5th Floor,MRCNagar,RajaAnnamalai Puram, Chennai, TamilNadu- 6·00028. Phone: 044-49001919,044 -3095 3095 INVESTOR PRESENTATION | FEBRUARY 2021 Matrimony.com Investor Presentation – March 2020 Matrimony.com at a glance 2 Consolidated Revenue Growth (INR Mn) 3,718 Founded by Mr. Murugavel Janakiraman in the year 2000 as a community portal for 3,484 3,355 Indians living andworking abroad, and sincethenbecome the largest Indian matchmaking 2,928 service. 2,768 PioneerandleaderintheIndianonlinematchmakingspace. FY17 FY18 FY19 FY20 9M-FY21 Providing diversified online matchmaking services both online and offline to cater to the unique requirements of Indian origin consumers like regional, community, and also tailor Business Mix –9M-FY21 madeservicesfortheelite. Forwardintegratedintoprovidingmarriageservicesbyaspiringtobecomeaonestopshop for our customers in an asset light vendor platform for venue bookings, photography, catering,decorations,etc. Matchmaking Marriage Services Services 99% 1% Themarketcapofthecompanyason31st December2020~INR20,702Mn Our Leadership Position 3 Paid subscription base Market Leader: Highest Zero Debt company Total registrations of of 7,00,000+ profiles market share pan India 39.82 Mn profiles in FY2020 since January 2006 Strong Free Cash Flow Profitable consumer Customised and Strong Offline generation internet company personalised approach for presence through with healthy Balance every community and retail stores Sheet preferences Robust Technology Well known and Strong Return Ratios Marquee Investors and Data Analytics established brand The Indian Matchmaking Opportunity 4 Sector Country Total Arranged marriages in India in 2016 Population: 88% 1.36Bn Total Unmarried population: Online Matchmaking industry 107 Mn* 6% of marriages in India Total Active Seekers: 63 Mn* Total marriage related spends every year USD 57 Bn Total expected weddings: Estimated Revenue of Matchmaking segment 11-13 Mn USD 223 Mn p.a CAGR: 5.0% (2020-2024) * Source: as on 2016 Notable milestones over the last 20 years 6 2017 2011 ⁻ Company listed on stock ⁻ “Bharatmatrimony” made exchanges 2006 available on iPhone, iPad, ⁻ Received first round of funding of Android, Blackberry, Nokia ⁻ Launched 1997 8.65 Mn from various PE investors devices. matrimonymandaps.com -As a young programmer in ⁻ 140+ Matrimony retail 2008 2018 New Jersey outlets across in India Mr.M Janakiramanlaunches ⁻ Received second round of funding ⁻ Dubai office launched a community portal of 11.75Mn from various PE 2015 ⁻ Cricketer MS Dhonibrand Investors ⁻ Professional wedding ambassador of 2000 ⁻ Launched “Elite Matrimony”, an photography service Bharatmatrimony launched – ⁻ Incorporated exclusive matchmaking services for Matrimonyphotography.com Matrimony.com premium customers 2016 2020 ⁻ Launched flagship brand 2009 ⁻ Launched - Launched Bharatmatrimony ⁻ Launched “Community matrimonybazaar.com RajasthaniMatrimonyand Matrimony” BihariMatrimony 2002 - Launched ⁻ Launched the largest 2010 DoctorsMatrimony matrimony meet in the ⁻ Launched “Assisted Matrimony” exclusively for medical world ‘Mega Swayamvaram’ professionals 1997-2005 2006-2010 2011-2015 2016-2020 Governed by a Strong Board 7 Murugavel GraduatedinstatisticsfromPresidencycollege,MCAfromUniversityofMadras Janakiraman WorkedasasoftwareengineerandconsultantinUSAbeforestartingTamilMatrimony Chairman and Received an award of top 5 Asian Indian businessmen in USA by Asian Indian Chamber of Commerce, Managing Director BusinessIconoftheyearawardbyIndiaToday,Nominatedtwiceforthe‘Entrepreneuroftheyear’awardby EconomicTimes DeepaMurugavel–NonExecutiveWomanDirector AkilaKrishnakumar–AdditionalIndependentDirector • Holds a bachelor's degree of science in biochemistry • AnalumnusoftheBirlaInstituteofTechnologyandSciences(BITS),Pilani (special)fromGujaratUniversityandamaster'sdegreein • Has over 30 years of experience in software product development for financial services. businessadministrationfromCaliforniaCoastUniversity Until2013,AkilawasPresident-GlobalTechnologyandCountryHeadforSunGardinIndia • Associatedwiththecompanysince2006 -aFortune500companyandgloballeaderinfinancialservicessoftware • Haswonseveralawardsand accoladeswasamongthetop 5women leadersintheIndian MilindSarwate–NonExecutiveIndependentDirector technologyindustryformanyyears • Holds abachelor's degreein commercefrom University of CKRanganathan–NonExecutiveIndependentDIrector Bombay, and is a Chartered Accountant, Cost Accountant • Holdsabachelor'sdegreeinChemistry andCompanySecretary. • Founder of Cavinkare Private Limited, a company engaged in the business of personal • Over 32 years of experience in finance, HR, strategic care,food,beverages,dairyandsnacks planning, business development and product supply • Conferredtheprestigious,EntrepreneuroftheYearAwardbyEconomicTimesin2004 acrossvarioussectors. • Currently serves as an independent Non-ExecutiveDirector on several Boards such as EID • He is currently the Founder and CEO of Increate Value Parry,TVSLogisticsamongstothers Advisors LLP, which is engaged in facilitating organisations and individuals to discover, develop and deliver business GeorgeZacharias–NonExecutiveIndependentDirector andsocialvalue • Holds a bachelor’s degree of technology in chemical engineering and a post graduate • Awarded the ICAI Award in the CFO - FMCG category in diplomainbusinessmanagementfromtheXavierLabourRelationsInstitute,Jamshedpur 2011andtheBestPerformingCFOAward-FMCG&Retail • EarlierassociatedwiththeCompanyasNomineeDirectorofYahoo!NetherlandsB.V. in2012byCNBCTV-18 • WasalsoassociatedwithMindtreeLtdasSr.VicePresident. Awards & Accolades 8 ⁻ Specialjurymentionforgendersensitivity(2013-2014)foraTVC(BharatMatrimony-Career)attheNationalLaadliMediaand AdvertisingAwards,2015 ⁻ ReceivedCertificateofExcellencefromNASSCOMfor‘InnovativeApplicationofAnalyticsforBusinessSolution,2015’ ⁻ BharatMatrimony Mobile App- Best appin thesocial category. Globalmobile appsummit andawards- July2016andJuly2017 ⁻ Bharatmatrimony.com awarded ‘India’s most trusted online matrimony’ by Brand Trust Report IndiaStudy2014 ⁻ ‘Mostusedmatrimonialsearchwebsite’intheyear2013-14byJuxtConsult ⁻ ‘FindYourEqual’campaign,awardfor‘GenderSensitivity’attheInternationalAdvertisingAssociation’s IndiAAregionalawards–July2019 ⁻ BharatMatrimony has been conferred with the prestigious ‘Superbrand 2019’ status by leading independent brand arbiter SuperbrandsIndia 2007 ⁻ Matrimony.comfeaturedinETIndiagrowthchampionslist,2020 Catering To Indian Diaspora Across The Globe 9 Nationwide coverage Offices in 2 international cities Catering to the Indian Diaspora Corporate headquarters and technology across the Globe operations in Chennai, TN 4,316 number of associates as on FY20 On-ground retail presence 130+ Pioneering Matchmaking Services in India 11 Matrimony.comhasthelargestnumberofmatchmakingonlineplatformstosuitaperson’schoiceandpreference Differentiates itself from other players in India by following a micro-market strategy, offering a range of targeted and customized products and services that are tailored to meet the requirements of customers Dominant market share in Southern India. Pioneer in Community based, Assisted and Elite Matrimony services. Matchmaking Performance Paid Subscription (in Mn) Revenues (INR Mn) EBITDA (INR Mn) Margins (%) 0.74 0.73 0.70 3,358 3,604 0.61 3,191 2,750 32.7% 24.1% 30.2% 23.4% 1,044 1,013 842 662 FY18 FY19* FY20* 9M-FY21 FY18 FY19 FY20 9M-FY21 * Restated as per IndAS116 Flagship Matchmaking Brands 12 95%ofIndiansgetmarriedwithintheirowncommunity* Launched in the year 2000, BharatMatrimony is the flagship brand ofMatrimony.com CommunityMatrimony.com is an exclusive matrimony platform consistingofover300differentcommunitywebsites Comprises a network of 15 different regional portals based on It has been further sub-divided into categories like varied regions such as TamilMatrimony, KeralaMatrimony, ChristianMatrimony, MuslimMatrimony, SikhMatrimony, TeluguMatrimony,BengaliMatrimony,HindiMatrimony,etc. JainMatrimony, AgarwalMatrimony, YadavMatrimony, MarathaMatrimony, etc. Key features Key features ☆ 15 Regional sites ☆300 Community sites ☆ Flexible subscription ☆Flexible packages for 3,6 & subscription 12 months packages for 3,6 & 12 months Source : http://www.ncaer.org/news_details.php?nID=188) Premium Matrimony Services 13 Assisted Matrimony – Matrimony.com also provides value added services for the users who are busy and need assistance in matchmaking. Involvesmatchmakingservicessupportedbyrelationshipmanagers who provide personalized assistance to subscribed users. Relationship managers contact the prospects on behalf of the customer after taking the customer’s consent and facilitate communicationandmeetingsbasedonmutualinterest Elite Matrimony – A personalized matchmaking servicefortheaffluent Growth Drivers 14 Profiles Marketing efforts result in increasing leads and registrations of user profiles Conversion Technology such as AI, insights through data analytics and strong tele-service channel aid in enhancing user experience and Pricing converting them to paid subscriptions. Flexible packages for 3,6 or 12 month subscriptions at customisedand affordable rates Revenues Strategic 360 degree Marketing 15 Celebrity Brand Ambassador : MS Dhoni Marketing Strategy Great User Experience through Innovative Technology 16 Culture of Innovation Great Outcomes Providing seamless and superior experience at all touch points Multiple methods to find a match : emails, Telephone, SMS Innovating the product consistently based on customer preferences and behavior Multiple platforms to operate : Mobile site, Mobile App, Website Continuously enhancing the user experience by live testing with User customers Interface Features 24*7 customer service support to find Investing in Big data platform a relevant match and analytical database to get insights helping in strategic decision Adapting to changes in Phone call verification and trust badge technology such as AI to improve for more authenticated profile listings partner search experience, calling campaigns, productivity Secure connect : facilitating safe use for women Success Stories 17 Love bloomed through WhatsAppfor Ishwarya& Arun Atreyeeand Shounak-“I found Shounakin 15 days”, says Atreyee y y n n A loving family member, friend, or even a co-worker can o Placing a premium on value systems o m m register on the site to help a person find their partner. ir i r t a “I found Shounakwithin 15 days of my t a M “My sister registered my profile on the M registration on BharatMatrimonyand i l site and showed me Arun’sprofile. la within a month, everything was fixed. It im g n a When I went through it, I really liked it e was indeed quick. What attracted me T B because he was very frank about the most was that family was his himself and what he is looking for.” priority.” Rakheeand Vineeth-A Tale of Long Distance Love Saswateeand Ramakanta–“I found Ramakantain just 4 y y days” n n o o m m “Mere distance does not have the “I found my life partner here in four i r t a power to shatter unconditional love. i r t a days. The site gives you region specific M Long distance love also works when M profiles to look through. many of my a a la you truly love someone.” y own family members have had happy r i r e O and successful marriages through K BharatMatrimony.” Forward Integration - Marriage Services 18 Complementing the online matchmaking business by providing customers a one Marriage Services Performance stopshopassetlightvendorplatformformarriageservices (INR Mn) 164 126 114 MatrimonyBazaar Online marketplace providing wedding related services whereby 15,000 vendors for photography, catering and decoration etc are listed, more than 17 18,000 weddings planned. Services Available in more than36cities Mandap (77) A wedding venue booking platform with more than 6000+ (135) mandaps,banquethalls,conventionhalls,etc. (169) (170) FY18 FY19* FY20* 9M-FY21 Marriage services revenue EBITDA * Restated as per IndAS116 Financial Highlights 20 Consolidated Performance Net Profit (INR Mn) and PAT Margins (%) Marketing Expense (INR Mn) Operational Revenue (INR Mn) EBITDA (INR Mn) 1,080 Margins (%) 985 3,718 739 3,484 3,355 810 2,768 18.9% 23.1% 425 560 21.7% 22.0% 11.0% 295 306 15.0% 12.1% 527 7.9% 775 759 560 FY18 FY19* FY20* 9M-FY21 FY18 FY19 FY20 9M-FY21 FY18 FY19 FY20 9M-FY21 Matchmaking Billings (INR Mn) ATV (INR) RoE(%) 5,061 3,566 3,427 3,267 2,771 4,682 22.90% 4,544 4,361 13.70% FY18 FY19 FY20 9M-FY21 FY18 FY19 FY20 9M-FY21 FY19 FY20 RoE * Restated as per IndAS116 Quarterly Financial Highlights 21 Matchmaking Performance Consolidated Performance Net Profit (INR Mn) and PAT Margins (%) Operational Revenues (INR Mn) Revenues (INR Mn) EBITDA (INR Mn) Margins (%) EBITDA (INR Mn) Margins (%) 110 103 94 25.1% 23.7% 878 930 861 962 18.6% 18.8% 19.1% 68 927 23.6% 56 900 941 868 933 967 21.9% 12.3% 14.4% 10.7% 10.9% 11.4% 21.2% 6.2% 7.2% 186 204 216 219 227 111 137 163 178 186 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Marriage Services Performance Matchmaking Billings (INR Mn) Matchmaking ATV (INR) (INR Mn) 22 947 962 998 5,153 5,166 11 895 812 4,837 7 6 5 4,485 4,385 (19) (25) (35) (33) Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 (46) Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Marriage services revenue EBITDA Operational Highlights For The Quarter 22 Consolidated Billings Our first Rs 100 cr billing quarter on a consolidated basis INR 100 Cr PAT increased by 96.5% YoY Revenues INR 97 Cr Paid subscriptions of 2.3 lakhs added during the quarter, a growth of Matchmaking Billings 6.2% QoQ and a robust 31.2% YoY INR 100 Cr Revenues INR 96 Cr Launched two new and exclusive services namely Rajasthani Matrimony and BihariMatrimony, in a move to expand and 2,30,000 strengthen leadership in the North paid Subscriptions Launched DoctorsMatrimonyexclusively for medical professionals based on our successful history of matching lakhs of doctors over the Average transaction value for the matchmaking business past 20 years INR 4,385 Excluding marketing expenses, our margins in matchmaking continue 27,000 to increase to 63% in Q3 as compared to 52% a year ago due to operational efficiencies and productivity measures success stories created Disclaimer 23 Norepresentationorwarranty,expressorimplied,ismadeasto,andnorelianceshouldbeplacedon,thefairness,accuracy,completenessorcorrectnessoftheinformationoropinionscontainedinthispresentation. Suchinformationandopinionsareinalleventsnotcurrentafterthedateofthispresentation.Certainstatementsmadeinthispresentationmaynotbebasedonhistoricalinformationorfactsandmaybe"forward lookingstatements"basedonthecurrentlyheldbeliefsandassumptionsofthemanagementof Matrimony.comLimited,whichareexpressedingoodfaithandintheiropinionreasonable,includingthoserelatingto theCompany’sgeneralbusinessplansandstrategy,itsfuturefinancialconditionandgrowthprospectsandfuturedevelopmentsinitsindustryanditscompetitiveandregulatoryenvironment. Forward-lookingstatementsinvolveknownandunknownrisks,uncertaintiesandotherfactors,whichmaycausetheactualresults,financialcondition,performanceorachievementsoftheCompanyorindustryresults todiffermateriallyfromtheresults,financialcondition,performanceorachievementsexpressedorimpliedbysuchforward-lookingstatements,includingfuturechangesordevelopmentsintheCompany’sbusiness,its competitiveenvironmentandpolitical,economic,legalandsocialconditions.Further,pastperformanceisnotnecessarilyindicativeoffutureresults.Giventheserisks,uncertaintiesandotherfactors,viewersofthis presentation are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments. Thispresentationisforgeneralinformationpurposesonly,withoutregardtoanyspecificobjectives,financialsituationsorinformationalneedsofanyparticularperson.Thispresentationdoesnotconstituteanofferor invitationtopurchaseorsubscribeforanysecuritiesinanyjurisdiction,includingtheUnitedStates.Nopartofitshouldformthebasisoforberelieduponinconnectionwithanyinvestmentdecisionoranycontractor commitmenttopurchaseorsubscribeforanysecurities.NoneofoursecuritiesmaybeofferedorsoldintheUnitedStates,withoutregistrationundertheU.S.SecuritiesActof1933,asamended,orpursuanttoan exemptionfromregistrationtherefrom. Thispresentationisconfidentialandmaynotbecopiedordisseminated,inwholeorinpart,andinanymanner. ValoremAdvisorsDisclaimer: ValoremAdvisorsisanIndependentInvestorRelationsManagementServicecompany.ThisPresentationhasbeenpreparedbyValoremAdvisorsbasedoninformationanddatawhichtheCompanyconsidersreliable, butValoremAdvisorsandtheCompanymakesnorepresentationorwarranty,expressorimplied,whatsoever,andnorelianceshallbeplacedon,thetruth,accuracy,completeness,fairnessandreasonablenessofthe contentsofthisPresentation.ThisPresentationmaynotbeallinclusiveandmaynotcontainalloftheinformationthatyoumayconsidermaterial.Anyliabilityinrespectofthecontentsof,oranyomissionfrom,this Presentationisexpresslyexcluded.ValoremAdvisorsalsoherebycertifiesthatthedirectorsoremployeesofValoremAdvisorsdonotownanystockinpersonalorcompanycapacityoftheCompanyunderreview. For further information please contact our Investor Relations Representatives: Valorem Advisors Mr. Anuj Sonpal, CEO Tel: +91-22-49039500 Email: matrimony@valoremadvisors.com Quarterly Consolidated Income Statement 25 Particulars(INRMn) Q3-FY21 Q3-FY20 Y-o-Y Q2-FY21 Q-o-Q Revenues 967 900 7.4% 933 3.6% TotalExpenses* 781 789 (1.0)% 755 3.4% EBITDA 186 111 67.6% 178 4.5% EBITDAMargin(%) 19.1% 12.3% 680 Bps 18.8% 30 Bps Depreciation 63 72 (12.5)% 64 (1.6)% FinanceCost 12 14 (14.3)% 11 9.1% OtherIncome* 34 39 (12.8)% 34 NA ShareofProfit/(loss)ofassociate (1) - NA (3) NA PBT 144 64 125.0% 134 7.5% Tax 34 8 NA 31 9.7% ProfitAfterTax 110 56 96.4% 103 6.8% PATMargin(%) 11.4% 6.2% 520 Bps 10.9% 50 Bps DilutedEPS 4.82 2.46 95.9% 4.49 7.3% *operational income adjusted with total expenses to calculate EBITDA 9M / Q3-FY21 Consolidated Income Statement 26 Particulars(INRMn) 9M-FY21 9M-FY20 Y-o-Y Revenues 2,768 2,777 (0.3)% TotalExpenses* 2,241 2,353 (4.8)% EBITDA 527 424 24.3% EBITDAMargin(%) 18.9% 14.9% 400 Bps Depreciation 194 207 (6.3)% FinanceCost 36 40 (10.0)% OtherIncome* 110 123 (10.6)% ShareofProfit/(loss)ofassociate (6) - NA PBT 401 300 33.7% Tax 95 72 31.9% ProfitAfterTax 306 228 34.2% PATMargin(%) 11.0% 8.2% 280 Bps DilutedEPS 13.41 9.96 34.6% *operational income adjusted with total expenses to calculate EBITDA Historical Consolidated Income Statement 27 Particulars(INRMn) FY17 FY18 FY19# FY20# Revenues 2,928 3,354 3,484 3,718 TotalExpenses* 2,339 2,579 2,725 3,158 EBITDA 589 775 759 560 EBITDAMargin(%) 20.1% 23.1% 21.7% 15.0% Depreciation 104 96 265 280 FinanceCost 56 15 48 52 OtherIncome* 45 65 139 163 ExceptionalItems 44 (128) - - ShareofProfit/(loss)ofassociate - - - (1) PBT 430 857 585 390 Tax 0 118 160 95 ProfitAfterTax 430 739 425 295 PATMargin(%) 14.6% 22.0% 12.1% 7.9% DilutedEPS 20.0 33.4 18.6 12.9 # As per IndAS116 *Operational income adjusted with total expenses to calculate EBITDA Historical Consolidated Balance Sheet 28 Particulars (INR Mn) FY19 FY20 H1-FY21 Particulars(INRMn) FY19 FY20 H1-FY21 EQUITY AND LIABILITIES ASSETS Non-Current Assets EQUITY Property, Plant & Equipment 727 730 726 Share Capital 114 114 114 Rights of use assets 479 569 517 Other Equity 1,911 2,168 2,284 Intangible Assets 31 32 29 Intangible Assets under development - 1 - Total Equity 2,025 2,282 2,398 Investment in associate - 61 56 Non Current Liabilities Financial Assets Lease liabilities 413 463 460 Security Deposits 81 86 52 Bank Balances other than Cash and Cash equivalents - - - Other non current liabilities 4 2 1 Deferred tax assets (Net) 38 18 18 SubTotal Non CurrentLiabilities 417 465 461 Income tax assets (Net) 34 38 34 Current Liabilities Other Non-current assets 10 15 26 SubTotal Non CurrentAssets 1,400 1,550 1,458 Financial liabilities Current Assets 1.Trade payables Financial Assets -Total outstanding dues of creditors other than micro 1.Security Deposits 39 35 75 210 310 410 and small enterprises 2.Cash and Cash Equivalents 54 45 66 2. Other payables 6 21 6 3.Bank Balances other than Cash and Cash 621 1,101 1,519 equivalents 3. Lease liabilities 107 149 108 4.Investments 1,368 1,204 942 Other current liabilities 790 744 713 5.Trade Receivables 35 21 31 Provisions 61 76 88 6.Derivative instruments 5 - - Liabilities for current tax (Net) 2 3 4 7.Other financial assets 41 46 40 Other current assets 55 48 57 Sub Total Liabilities 1,176 1,303 1,329 Sub Total Current Assets 2,218 2,500 2,730 TOTAL EQUITY AND LIABILITIES 3,618 4,050 4,188 TOTAL ASSETS 3,618 4,050 4,188 Capital Market Information 29 95% 75% 55% 35% 15% -5% -25% -45% Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Matrimony.com Sensex Shareholding Pattern as on Price Data (31stDecember, 2020) 31stDecember 2020 Public Face Value (INR) 5.0 5.47% FII Market Price (INR) 908.65 28.90% 52 Week H/L (INR) 967.0/251.0 Market Cap (INR Mn) 20,701.8 Promoter Equity Shares Outstanding (Mn) 22.7 50.40% DII + AIF 1 Year Avg. trading volume ('000) 41.4 15.23%