Matrimony.com (MATRIMONY) Q2 25/26 earnings summary

Executive summary

• Market leader in Indian online matchmaking with a paid subscription base of 1 million profiles in FY25 and a zero-debt, asset-light business model.

• Achieved 6.7% year-on-year growth in consolidated billings for Q2, with a sequential decline of 6.1%.

• Diversified offerings include online/offline matchmaking, elite and assisted services, and forward integration into wedding services.

• Unaudited consolidated and standalone financial results for the quarter and half year ended September 30, 2025, were approved and released.

• Strong brand recognition, robust technology, and a nationwide and international presence with 2,700+ employees and 130+ retail outlets.

Financial highlights

• Q2 FY26 consolidated revenue was ₹11,459 lakhs, down 0.6% sequentially and year-over-year; net profit was ₹776 lakhs, down from ₹1,316 lakhs in Q2 FY25.

• Q2 consolidated billings: INR 118.4 crore (+6.7% YoY, -6.1% QoQ).

• H1 FY26 EBITDA at INR 251 Mn, down 33.5% year-over-year; EBITDA margin at 10.9%.

• Cash and investment balance: INR 328 crore at Q2 end; cash and cash equivalents at ₹690 lakhs at H1 FY26 end.

• EPS (consolidated, basic) for Q2 FY26 was ₹3.60, down from ₹5.91 in Q2 FY25.

Outlook and guidance

• Expect double-digit year-on-year billings growth in Q3.

• Marriage services and other business expected to be higher than Q2.

• PAT for Q3 expected to be in line with Q2; significant PAT improvement anticipated from Q4 as revenue recognition from long-term packages increases.

• Focus on customer segmentation, technology innovation, and expanding premium/value-added services.