{"id":143703,"date":"2023-04-14T10:20:23","date_gmt":"2023-04-14T14:20:23","guid":{"rendered":"https:\/\/44.250.171.167\/?p=143703"},"modified":"2023-04-14T10:20:24","modified_gmt":"2023-04-14T14:20:24","slug":"the-business-model-of-matrimony-com","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/the-business-model-of-matrimony-com\/","title":{"rendered":"The Business Model of Matrimony.com"},"content":{"rendered":"\n

\u201cOn the outlook for Q4 margins, we expect matchmaking EBITDA to bounce back to the levels of quarter 4 of FY \u201922. And we expect quarter 4 PAT to be at the same levels of quarter 3. Just one point to note that even though we had a one-time profit of sale of land in quarter 3 and even though we will not have that one-time profit in quarter 4, we expect the quarter 4 PAT to come back or bounce back and to be at the same levels of quarter 3.\u201d<\/em><\/p>– Mr. Sushanth Pai, CFO<\/em><\/cite><\/blockquote>\n\n\n\n

Stock Data<\/strong><\/td><\/tr>
Ticker<\/strong><\/td>MATRIMONY<\/strong><\/td><\/tr>
Exchange<\/strong><\/td>NSE<\/strong><\/td><\/tr>
Industry<\/strong><\/td>MATCHMAKING<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
Price Performance<\/strong><\/td><\/tr>
Last 5 Days<\/strong><\/td>-2.32%<\/strong><\/td><\/tr>
YTD<\/strong><\/td>-12.98%<\/strong><\/td><\/tr>
Last 12 Months<\/strong><\/td>-29.97%<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

*As of 14.04.2023<\/p>\n\n\n\n

Company Description:<\/strong><\/h2>\n\n\n\n

Matrimony.com Ltd offers a range of online and offline matchmaking services. Its online services include BharatMatrimony, CommunityMatrimony, EliteMatrimony, and AssistedMatrimony. These websites offer users a platform to search for and connect with potential life partners based on criteria such as age, religion, caste, profession, and location. The company also offers offline matchmaking services through its network of over 150 retail centers across India. These centers provide personalized matchmaking services to users who prefer a more traditional approach to matchmaking.<\/p>\n\n\n\n


Future Prospects:<\/strong><\/h2>\n\n\n\n

Matrimony.com Ltd operates in a rapidly growing market, with an estimated 300 million single Indians looking for a life partner. The company has a strong brand and a large user base, which gives it a competitive advantage over new entrants. The company has been expanding its services to cater to specific communities and segments of the market, which has helped it to increase its revenue and profitability. The company plans to continue its expansion in India and other countries, such as the United States and the United Kingdom, where there is a large Indian diaspora. The company also plans to invest in technology and data analytics to improve its matchmaking algorithms and offer more personalized services to users.<\/p>\n\n\n\n


Key Strength:<\/strong><\/h2>\n\n\n\n