I have always been curious to know the turnover of Indian internet companies . This analysis of Infoedge results is very revealing. Some of the larger companies have more than 1000 employees and a turnover of about 200 crores, so per employee contribution is about 0.2 crores (20 L). I wonder what the average salaries in this sector are.
Other internet only companies
Revenue for Web 18 (based on their quarterly results) seems to be about Rs 60 crores
Rediff – averages to be $24 million or approximately Rs 120 crores
Indiamart – Rs 38 crore / 900 employees (based on the comments)
People Interactive - 400 employees
The SEM companies may be having a higher turnover, but a large portion of the money is paid to Google and Yahoo. These are the high profile internet companies.
There may be other internet companies with a higher turnover, or much more profitable than these companies , but if they are not publicly listed or do not want /need funding from external sources, their turnover will remain a secret.
For internet companies, manpower and office costs are the major cost, the profit margins are much higher, but if you are not diversified, you could face problems during a recession.
Sale of Tripmela at eBay for less than $2500 – a fairly low price, considering the effort put in. Making money from the Indian internet market seems to be challenging.
Comments
Web18 ( without Yatra) and 60 crores? huh..in their dreams probably. They’ll not be doing anything more than 20-25 cr per annum- realistically.
TBS ( Timesjobs, Magicbricks, simplymarried and others) will be doing between 50-60 crores.
People Group (Shaadi, Makaan, Fropper, Mauj and astrolife) does about 60-70 Crores
Consim(Bharatmatrimony , Clickjobs , Indiaproperty, Indialist , Indiaautomobile) makes about 40-50 Cr
Times Internet (Indiatimes) must be “faking” a revenue of 10-20 crores.
Firefly must be doing 2-3 crores out of which Hindustantimes.com must be doing 1.5-2.5 crores . Shine should be doing 50-75 lacs in this financial year( 12 months) . This is probably the dumbest internet company in India at the moment.
NDTC Convergance must be doing between 7-10 crores. They compete with Firefly in the Dumb Race.
Rishikesh your an idiot, Web18 is part of a listed company it does make roughly 17 crores revenue per quarter mostly thru premium ads on Moneycontrol and Ibnlive , They are now monetizing In.com too so expect the revenue to go up. Add bookmyshow and other subscription services to this and i can assure you they will be doing close to 100 cr this year. get your facts right. also what have you ever done why would you knock a company like HT or NDTV, why are we indians so f***ing caught up with our firang hangover… there are a million sites on the internet which just plain suck, there are a handfull in India that are actually trying to do something its going to be a long game due to the lack of numbers in the space. but atleast dont knock them for trying. BTW you have to be the dumbest comenter I have ever come across
Suresh,
You sound like a Ahmedabad based stock broker and not an Industry insider. Web18 also tags Homeshop18 and treat its revenue as Internet revenue, while it sells useless products to bored housewives. I am talking about “pure” online revenue and people generally use their brain to get to such numbers. Give it a shot.. you will…some day
Going by your logic, Indian Railways is probably the biggest dotcom company. If tata decides to go online on nano bookings , they will be the second largest
. If Rediff accounts the transaction and not commisions as revenue in their Rediff Shopping, they’ll be the largest. Lets talk about Ebay too
Now , you get the drift?. I knock a company like HT and NDTV because I sincerely beleive that there are only very few companies who come forward and invest in internet space and guys at Firefly and NDTV Convergence have messed it up completely. I know of at least 3 large media companies who’ve decided against getting into this space. So thats a bad sign. They also contribute to the fear of VCs. So , you see a f**k up and you simply stand up say..you f**ked it up. So that they start inventing the right spot of their greymatter at least, if not using it
Dont talk like a I-Banker. They’ve lost their “personal market cap” and are registering in Marriage portals !!!