IndiaMART InterMESH Ltd.

IndiaMART InterMESH Ltd.

1,580.20
INR
-12.30
(-0.77%)
114.65BMarket Cap
Oct 27Next Earn
IndiaMART InterMESH Ltd.
NSE:INDIAMART
(National Stock Exchange of India)

Recent

price

1,580.20

P/E

ratio

- -

div

yld

0.00%

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
30.68
44.3
86.64
107.19
98.07
110.84
115.05
123.83
161.36
197.74
231.53
261.38
- -
Revenue per Share
-5.56
-20.2
-17.54
14.3
3.87
25.57
48.07
48.91
46.48
55.18
91.84
79.07
- -
Basic EPS, GAAP
0.74
-10.93
-0.9
46.16
48.31
44.41
55.41
65.39
75.1
89.96
102.62
114.48
115.34
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
5.78
0.26
7.48
1
10.1
19.99
49.98
- -
Dividend per Share
-24.85
-24.94
-67.78
-55.82
27.78
47.63
265.26
306.69
336.58
289.6
364.18
399.51
369.08
Book Value per Share
-25.03
-25.08
-67.99
-55.96
27.68
47.54
265.22
306.66
254.99
208.23
283.81
320.85
291.1
Tangible Book Value per Share
57
57
37
38
52
58
58
61
61
61
60
60
60
Basic Weighted Avg Shares
1,761
2,543
3,178
4,105
5,074
6,389
6,696
7,535
9,854
11,968
13,883
15,690
- -
Sales/Revenue/Turnover
-24.59
-46.86
-18.58
10.66
15.43
23.13
46.98
39.37
24.08
24.65
35.45
32.22
- -
Operating Margin (%)
30
37
46
29
41
211
161
119
311
365
329
284
279
Depreciation Expense
-319
-1,159
-643
548
200
1,474
2,798
2,976
2,838
3,340
5,507
4,747
- -
Net Income, GAAP
- -
- -
- -
- -
62.83
30.29
28.14
23.77
23.55
26.5
21.98
26.74
- -
Effective Tax Rate (%)
-18.11
-45.58
-20.25
13.34
3.95
23.07
41.78
39.5
28.8
27.9
39.67
30.25
- -
Profit Margin (%)
-609
-238
-345
657
3,001
4,296
18,434
17,819
15,073
13,026
17,141
18,286
17,156
Working Capital
- -
- -
5
3
- -
612
526
462
340
292
227
131
111
LT Debt
-940
-773
-3,900
-3,212
1,599
2,751
16,109
18,741
20,585
17,361
21,853
24,004
22,196
Total Equity
- -
- -
- -
- -
-44.43
38.22
22.01
12.39
8.87
10.89
18.67
15.57
- -
Return on Invested Capital (%)
- -
- -
- -
- -
-24.89
58.53
28.09
16.74
14.38
17.55
27.86
20.55
- -
Return on Capital (%)
- -
- -
- -
- -
- -
67.77
29.67
17.08
14.43
17.6
28.09
20.7
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
101
100
105
LT Borrowings
- -
- -
- -
LT Finance Leases
156
131
111
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60
60
60
Market Capitalization
133,535
119,336
114,648

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
29,331
31,936
34,386
Cash, Cash Equivalents & STI
28,934
31,203
33,887
Accounts Receivable, Net
40
55
53
Inventories
- -
- -
- -
Total Current Liabilities
12,270
13,650
17,229
Payables & Accruals
- -
- -
- -
ST Debt
101
100
105
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
84.11%
9.25%
9.84%
Free Cash Flow
-542.71%
16.41%
11.68%
Net Income, GAAP
50.26%
14.1%
-13.8%
Sales/Revenue/Turnover
20.23%
18.76%
13.02%
Total Cash Common Dividend
- -
802.89%
150.27%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3,313
3,477
3,543
3,551
13,883
2026
3,721
- -
4,016
4,043
15,690
2027
4,144
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
19
22.54
20.18
30.14
91.84
2026
25.59
- -
31.37
8.36
79.07
2027
28.66
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
19.99
0.01
- -
- -
19.99
2026
50
-0.01
- -
- -
49.98
2027
- -
- -
- -
- -
- -
Business
IndiaMART InterMESH Limited (INDIAMART.NS) operates India's largest online business-to-business (B2B) marketplace, connecting buyers with suppliers across diverse industries through its platform at www.indiamart.com. The company facilitates product and service discovery for small and medium enterprises (SMEs), large enterprises, and individuals, offering access to 119 million products and services spanning 98,000 categories and 56 industry groups, including construction and building raw materials, industrial plants and machinery, packaging materials, electrical equipment, apparel, furniture, housewares, cosmetics, electronics, agricultural goods, and medical equipment; it also provides lead management systems, payment protection programs, instant payment solutions via Pay with IndiaMART, marketing support, logistics facilitation, and AI-powered matchmaking tools. Suppliers benefit from enhanced business visibility, increased brand credibility, and subscription-based services with approximately 100,000 paid subscribers supporting over 8.4 million suppliers and 211 million buyers. Founded in 1999 and headquartered in Noida, Uttar Pradesh, India, the company primarily serves the Indian market while extending operations internationally, with 6,102 employees as of March 31, 2025. Subsidiaries include Busy Infotech Private Limited, a wholly-owned entity acquired in April 2022 for Rs. 500 crore, which offers accounting software, inventory management, and GST compliance solutions such as e-invoicing and e-way bill generation for SMEs. Recent investments encompass a 10% stake in identity verification provider IDfy acquired in 2024 for Rs. 89.69 crore to bolster SaaS offerings, additional funding in accounting app Vyapar including Rs. 61.55 crore in its 2022 Series B round, and leadership of Vyapar's 2019 Series A. In the past 1-2 years, IndiaMART InterMESH has reported robust financial performance, including a 12% year-on-year increase in consolidated revenue to Rs. 360 crore for Q2 FY26 ended September 30, 2025, with standalone revenue up 9% to Rs. 360 crore and net profit at Rs. 83 crore; it conducted allotments of equity shares to the IndiaMART Employee Benefit Trust under its Employee Stock Benefit Scheme 2018 as recently as November 26, 2025. The company maintains a dominant 60% market share in India's online B2B classified space, emphasizing digital inclusion for SMEs, trust through verified suppliers, and technology-driven expansions like enhanced financial solutions via partnerships such as HelloTrade.