Are you trying to find a potential stock to buy? Matrimony.com Ltd can be the one you’re looking for in such a case. Matrimony.com Ltd is a well-known company that offers online matchmaking services and has established itself as a dominant force in the market. What about the share price, though? In this article, we will examine the share price goal for Matrimony.com Ltd. from 2023 to 2030 and determine whether it is a worthwhile investment.
We will offer insights into this company’s future growth and its share price goal in the upcoming years with a focus on important financial metrics and market trends. So, let’s dive in and investigate the options together.
Below are the trading platforms that you can use to purchase Matrimony.com Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| January 2024 | 619.92 | 539.06 |
| February 2024 | 632.57 | 550.06 |
| March 2024 | 645.48 | 561.29 |
| April 2024 | 626.68 | 544.94 |
| May 2024 | 617.42 | 536.89 |
| June 2024 | 639.65 | 556.21 |
| July 2024 | 633.25 | 550.65 |
| August 2024 | 658.58 | 572.68 |
| September 2024 | 684.92 | 595.59 |
| October 2024 | 671.49 | 583.91 |
| November 2024 | 691.64 | 601.42 |
| December 2024 | 708.93 | 616.46 |
Matrimony.com’s projected share prices for 2024 suggest a fluctuating trend. Starting at ₹619.92 in January, the values vary between ₹536.89 and ₹708.93 throughout the year.
With a market cap of ₹1,278 Cr., the current stock price stands at ₹574. The high/low range is ₹723/₹498, reflecting a P/E ratio of 25.7.
| When | Maximum Price | Minimum Price |
| January 2025 | 723.11 | 556.24 |
| February 2025 | 741.65 | 570.50 |
| March 2025 | 770.57 | 592.75 |
| April 2025 | 755.46 | 581.13 |
| May 2025 | 733.46 | 564.20 |
| June 2025 | 766.47 | 589.59 |
| July 2025 | 751.44 | 578.03 |
| August 2025 | 774.68 | 595.91 |
| September 2025 | 801.79 | 616.76 |
| October 2025 | 822.64 | 632.80 |
| November 2025 | 843.20 | 648.62 |
| December 2025 | 864.28 | 664.83 |
In 2025, Matrimony.com’s share prices exhibit a bullish trend, ranging from ₹556.24 to ₹864.28 throughout the year. January begins with a maximum of ₹723.11, and by December, it reaches its peak.
Notably, the company, commanding 60% of India’s online matchmaking market share, remains a key player. As the market dynamics evolve, investors may find opportunities in Matrimony.com’s steady growth. It’s crucial to consider the company’s dominant market position and the potential impact on share values when making investment decisions.
| When | Maximum Price | Minimum Price |
| January 2026 | 890.21 | 684.78 |
| February 2026 | 913.04 | 702.34 |
| March 2026 | 948.65 | 729.73 |
| April 2026 | 930.05 | 715.42 |
| May 2026 | 902.96 | 694.58 |
| June 2026 | 943.59 | 725.84 |
| July 2026 | 925.09 | 711.61 |
| August 2026 | 953.70 | 733.61 |
| September 2026 | 987.08 | 759.29 |
| October 2026 | 1,012.74 | 779.03 |
| November 2026 | 1,038.06 | 798.51 |
| December 2026 | 1,064.01 | 818.47 |
Matrimony.com’s projected share prices for 2026 showcase a robust upward trajectory, with values ranging from ₹684.78 to ₹1,064.01 throughout the year. Starting the year at ₹890.21 in January, the share prices steadily climb, reaching a maximum in December.
Notably, the company has strategically forward-integrated, offering a comprehensive, asset-light vendor platform for marriage services. Through WeddingBazaar and Mandap.com, Matrimony.com provides customers with a one-stop-shop solution for wedding-related services and venue bookings, enhancing its position in the market and potentially contributing to the positive outlook for its share prices in 2026.
| When | Maximum Price | Minimum Price |
| January 2027 | 1,085.29 | 834.84 |
| February 2027 | 1,113.12 | 856.25 |
| March 2027 | 1,156.53 | 889.64 |
| April 2027 | 1,133.86 | 872.20 |
| May 2027 | 1,100.83 | 846.79 |
| June 2027 | 1,150.37 | 884.90 |
| July 2027 | 1,127.81 | 867.55 |
| August 2027 | 1,162.69 | 894.38 |
| September 2027 | 1,203.39 | 925.68 |
| October 2027 | 1,234.68 | 949.75 |
| November 2027 | 1,265.54 | 973.49 |
| December 2027 | 1,297.18 | 997.83 |
| When | Maximum Price | Minimum Price |
| January 2028 | 1,323.12 | 1,017.79 |
| February 2028 | 1,357.05 | 1,043.88 |
| March 2028 | 1,409.98 | 1,084.60 |
| April 2028 | 1,382.33 | 1,063.33 |
| May 2028 | 1,342.07 | 1,032.36 |
| June 2028 | 1,402.46 | 1,078.82 |
| July 2028 | 1,374.96 | 1,057.66 |
| August 2028 | 1,417.49 | 1,090.37 |
| September 2028 | 1,467.10 | 1,128.54 |
| October 2028 | 1,505.24 | 1,157.88 |
| November 2028 | 1,542.87 | 1,186.83 |
| December 2028 | 1,581.44 | 1,216.50 |
| When | Maximum Price | Minimum Price |
| January 2029 | 1,613.07 | 1,240.83 |
| February 2029 | 1,654.43 | 1,272.64 |
| March 2029 | 1,718.96 | 1,322.27 |
| April 2029 | 1,685.25 | 1,296.35 |
| May 2029 | 1,636.17 | 1,258.59 |
| June 2029 | 1,709.79 | 1,315.23 |
| July 2029 | 1,676.27 | 1,289.44 |
| August 2029 | 1,728.11 | 1,329.32 |
| September 2029 | 1,788.60 | 1,375.84 |
| October 2029 | 1,835.10 | 1,411.62 |
| November 2029 | 1,880.98 | 1,446.91 |
| December 2029 | 1,928.00 | 1,483.08 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,966.56 | 1,512.74 |
| February 2030 | 2,016.99 | 1,551.53 |
| March 2030 | 2,095.65 | 1,612.04 |
| April 2030 | 2,054.56 | 1,580.43 |
| May 2030 | 1,994.72 | 1,534.40 |
| June 2030 | 2,084.48 | 1,603.45 |
| July 2030 | 2,043.61 | 1,572.01 |
| August 2030 | 2,106.81 | 1,620.62 |
| September 2030 | 2,180.55 | 1,677.35 |
| October 2030 | 2,237.24 | 1,720.96 |
| November 2030 | 2,293.17 | 1,763.98 |
| December 2030 | 2,350.50 | 1,808.08 |
Financial Condition of Matrimony.com: Last 5 years
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales | 348 | 372 | 378 | 434 | 456 |
| Expenses | 274 | 317 | 311 | 348 | 388 |
| Op Profit | 74 | 54 | 67 | 86 | 67 |
| OPM % | 21% | 15% | 18% | 20% | 15% |
| Other Inc | 16 | 18 | 17 | 18 | 24 |
| Interest | 5 | 5 | 5 | 5 | 6 |
| Deprec. | 27 | 28 | 26 | 27 | 30 |
| PBT | 58 | 39 | 54 | 72 | 56 |
| Tax % | 27% | 24% | 24% | 25% | 17% |
| Net Profit | 42 | 30 | 41 | 54 | 47 |
| EPS | 18.68 | 12.97 | 17.83 | 23.40 | 20.97 |
| Div Payout | 8% | 27% | 20% | 21% | 24% |
Over the last five years, Matrimony.com has demonstrated a mixed financial performance. Sales have steadily increased from ₹348 crores in 2019 to ₹456 crores in 2023, reflecting a positive growth trajectory. However, expenses have also risen, reaching ₹388 crores in 2023, potentially impacting overall profitability. The operating profit margin (OPM %) has fluctuated, peaking at 20% in 2022 but dropping to 15% in 2023. Other income, though showing variations, has generally increased, reaching ₹24 crores in 2023.
Despite consistent interest payments and depreciation costs, the profit before tax (PBT) has shown improvement, reaching ₹72 crores in 2022. The tax rate has remained relatively stable, with a slight decrease to 17% in 2023. Net profit, however, has experienced some volatility, settling at ₹47 crores in 2023. Earnings per share (EPS) have followed a similar pattern, with a notable peak of ₹23.40 in 2022. The dividend payout percentage has gradually increased, reaching 24% in 2023.
ICICI Securities has issued a “buy” recommendation for Matrimony.com, setting a target price of Rs 635.
FAQS
As of January 2024, Matrimony.com’s share price is ₹574, and its market capitalization is ₹1,278 crores.
The maximum and minimum target prices for Matrimony.com’s shares in 2025 are ₹864.28 and ₹556.24, respectively.
It is unlikely that Matrimony.com’s shares will reach ₹5000 by 2025, based on the current target prices and historical performance.
Matrimony.com’s shares are expected to experience moderate growth shortly, based on the company’s consistent revenue growth and positive financial indicators.
Matrimony.com’s shares may be a good fit for investors seeking moderate growth potential in the Indian online matchmaking and marriage services sector.
ALSO READ:
- BOROSIL RENEWABLES LTD SHARE PRICE TARGET 2023-2030. CAN IT REACH 1000 INR BY 2025?
- KG PETROCHEM LTD SHARE PRICE TARGET 2023-2030. CAN IT REACH 1000 INR BY 2025?
- HINDWARE HOME INNOVATION LTD SHARE PRICE TARGET 2023-2030. CAN IT REACH 1000 INR BY 2025?
Conclusion
Matrimony.com, a key player in the online matchmaking sector, showcases a promising outlook for investors. With a consistent upward trend in sales and strategic forward integration into wedding-related services, the company is poised for growth. ICICI Securities’ “buy” recommendation and a target price of Rs 635 add further allure.
Despite fluctuations in profit margins and rising expenses, Matrimony.com’s financials remain resilient. The projected share prices for 2024 to 2030 suggest a potential upward trajectory, offering investment opportunities. The company’s dominant market position, comprising 60% of India’s online matchmaking market share, instills confidence. While mindful of market dynamics, Matrimony.com emerges as a compelling option for investors seeking moderate and sustained returns in the evolving marriage services landscape.
What did we learn?
Twitter
Linkedin
