IndiaMART InterMESH Limited INDIAMART NIFTY_SMALLNSEAITECH
Company Overview
IndiaMART InterMESH Limited operates an online business-to-business marketplace for business products and services in India and internationally. The company's e-marketplace acts as an interactive hub for domestic and international buyers and suppliers. Its platform serves small and medium enterprises, large enterprises, and individuals. The company also provides the Live Keeping Tally mobile app, which allows users to access their Tally data in real-time from anywhere. IndiaMART InterMESH Limited was incorporated in 1999 and is based in Noida, India.
Why Investors Should Care
Generates a return on equity of 19.8%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 20.0%.
Net profit has compounded at 18.7% per year over the last five years.
Revenue has grown at a 16.8% CAGR over the past five years.
Maintains a net profit margin of 30.2%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹1,569.04 Cr (+13.0% YoY); net profit ₹474.68 Cr.
- Trailing 12 Months Year-on-year growth — revenue +13.0%, earnings -13.8%.
- 5-Year Trend Long-term compounding — revenue CAGR 16.8%, profit CAGR 18.7%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 16.77% |
| 1 Year: | 13.02% |
Compounded Profit Growth
| 5 Years: | 18.70% |
| 1 Year: | -13.80% |
Stock Price Performance
| 1 Year: | -23.35% |
| 6 Months: | -7.60% |
| 3 Months: | -8.04% |
| 1 Month: | -3.23% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
IndiaMART uses AI/ML for buyer-seller matching, query routing, and seller subscription optimisation. Largest B2B marketplace in India by traffic.
- AI in B2B matchmaking IndiaMART uses AI/ML to match buyer enquiries with suppliers and rank listings across India's largest B2B marketplace.
- AI lead quality & monetisation Machine-learning lead scoring and recommendations improve supplier ROI and platform monetisation.
- Conversational & vernacular AI AI chat and vernacular search broaden reach across SME buyers and sellers.
- AI improves match quality and monetisation on a dominant, asset-light B2B platform.
- Very high margins (gross ~94%) and strong cash generation; ROCE ~28%.
- Network effects from supplier/buyer density are hard to replicate.
- Subscriber churn and competition cap growth; P/E ~26 is moderate for the quality.
Curated from public filings and analyst commentary; figures are illustrative.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 30.2%.
- Compounding revenue at 16.8% over 5 years.
- Profit CAGR of 18.7% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 27.7% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Communication Services).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | INDIAMART IndiaMART InterMESH Limited NIFTY_SMALLNSEAITECH | 1,926.80 | 24.46 | ₹11,577.59 Cr | 1.56% | 19.97% | 19.78% | 16.77% | 18.70% |
| 2 | BHARTIARTL Bharti Airtel Limited NIFTY50NSEAI | 1,936.30 | 43.64 | ₹11.80 L Cr | 1.25% | 17.67% | 17.91% | 14.88% | 47.34% |
| 3 | IDEA Vodafone Idea Limited NIFTY_MIDNSE | 13.98 | -3.49 | ₹1.51 L Cr | 0.00% | 36.88% | -96.63% | 2.05% | 72.64% |
| 4 | INDUSTOWER Indus Towers Limited NIFTY_MIDNSE | 404.50 | 10.84 | ₹1.07 L Cr | 0.00% | 18.44% | 18.02% | 4.61% | 51.86% |
| 5 | BHARTIHEXA BHARTI HEXACOM LIMITED NIFTY_MIDNSE | 1,627.00 | 54.47 | ₹81,350.00 Cr | 0.62% | 21.84% | 24.19% | 12.45% | 46.68% |
| 6 | NAUKRI Info Edge (India) Limited NIFTY_MIDNSEAITECH | 1,196.35 | 80.67 | ₹77,573.80 Cr | 1.20% | 4.71% | 3.82% | 11.88% | 483.26% |
| 7 | TATACOMM Tata Communications Limited NIFTY_MIDNSEAI | 1,853.60 | 52.82 | ₹52,827.60 Cr | 0.94% | 15.29% | 29.06% | 11.58% | -17.69% |
| 8 | AFFLE Affle 3i Limited NIFTY_SMALLNSEAI | 1,515.80 | 55.75 | ₹21,336.00 Cr | 0.00% | 15.30% | 12.45% | 23.64% | 22.97% |
| 9 | PFOCUS Prime Focus Limited NSE | 270.50 | -21.52 | ₹20,990.54 Cr | 0.00% | 24.91% | 10.47% | -0.29% | 14.09% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 269.00 Cr | 282.00 Cr | 295.00 Cr | 305.00 Cr | 315.00 Cr | 331.00 Cr | - | 354.27 Cr | 355.10 Cr | 372.08 Cr | - | 401.59 Cr | 404.30 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 21.42 Cr | 22.64 Cr | 22.62 Cr | - | 23.93 Cr | - |
| Gross Profit | - | - | - | - | - | - | - | 332.85 Cr | 332.43 Cr | 349.46 Cr | - | 377.66 Cr | - |
| Operating Expenses | 213.00 Cr | 215.00 Cr | 226.00 Cr | 227.00 Cr | 238.00 Cr | 223.00 Cr | - | 200.51 Cr | 233.00 Cr | 218.88 Cr | - | 250.88 Cr | 278.70 Cr |
| Operating Income | 47.00 Cr | 60.00 Cr | 61.00 Cr | 70.00 Cr | 64.00 Cr | 100.00 Cr | - | 132.34 Cr | 122.10 Cr | 130.58 Cr | - | 126.78 Cr | 125.60 Cr |
| EBITDA | 56.00 Cr | 67.00 Cr | 69.00 Cr | 78.00 Cr | 77.00 Cr | 108.00 Cr | - | - | 228.19 Cr | 211.87 Cr | 129.89 Cr | 255.00 Cr | 86.01 Cr |
| Interest Expense | 2.00 Cr | 2.00 Cr | 2.00 Cr | 2.00 Cr | 2.00 Cr | 2.00 Cr | - | 1.79 Cr | 1.70 Cr | 1.04 Cr | - | 65.10 L | 60.00 L |
| Pretax Income | 76.00 Cr | 112.00 Cr | 93.00 Cr | 110.00 Cr | 139.00 Cr | 151.00 Cr | - | 158.99 Cr | 218.10 Cr | 203.91 Cr | - | 246.98 Cr | 78.40 Cr |
| Tax Provision | 19.76 Cr | 29.12 Cr | 24.18 Cr | 27.50 Cr | 38.92 Cr | 37.75 Cr | - | 37.99 Cr | 37.50 Cr | 50.37 Cr | - | 58.67 Cr | 28.20 Cr |
| Net Income | 56.00 Cr | 83.00 Cr | 69.00 Cr | 82.00 Cr | 100.00 Cr | 114.00 Cr | - | 121.00 Cr | 180.60 Cr | 153.54 Cr | - | 188.31 Cr | 50.20 Cr |
| Diluted EPS | 9.12 | 13.57 | 11.57 | 13.65 | 16.61 | 19.01 | - | 20.13 | 30.06 | 25.52 | - | 31.24 | 8.33 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 176.00 Cr | 254.00 Cr | 318.00 Cr | 411.00 Cr | 507.00 Cr | 639.00 Cr | 670.00 Cr | 753.00 Cr | 985.40 Cr | 1,196.78 Cr | 1,388.34 Cr | 1,569.04 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 89.13 Cr | 94.60 Cr | 89.07 Cr | 96.13 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 896.27 Cr | 1,102.17 Cr | 1,299.27 Cr | 1,472.91 Cr |
| Operating Expenses | 228.00 Cr | 373.00 Cr | 391.00 Cr | 487.00 Cr | 490.00 Cr | 472.00 Cr | 344.00 Cr | 458.00 Cr | 658.99 Cr | 807.12 Cr | 807.04 Cr | 967.31 Cr |
| Operating Income | -55.00 Cr | -123.00 Cr | -79.00 Cr | -79.00 Cr | 13.00 Cr | 146.00 Cr | 310.00 Cr | 284.00 Cr | 237.28 Cr | 295.05 Cr | 492.23 Cr | 505.61 Cr |
| EBITDA | -52.00 Cr | -119.00 Cr | -74.00 Cr | -76.00 Cr | 17.00 Cr | 167.00 Cr | 326.00 Cr | 296.00 Cr | 410.50 Cr | 499.75 Cr | 746.16 Cr | 679.37 Cr |
| Interest Expense | 0 | 1.00 Cr | 0 | 0 | 0 | 3.00 Cr | 7.00 Cr | 5.00 Cr | 8.15 Cr | 8.91 Cr | 7.41 Cr | 2.98 Cr |
| Pretax Income | -32.00 Cr | -115.00 Cr | -64.00 Cr | -60.00 Cr | 54.00 Cr | 211.00 Cr | 389.00 Cr | 390.00 Cr | 371.28 Cr | 454.38 Cr | 705.81 Cr | 647.94 Cr |
| Tax Provision | -0 | -0 | -0 | 114.60 Cr | 34.02 Cr | 63.30 Cr | 108.92 Cr | 93.60 Cr | 87.45 Cr | 120.42 Cr | 155.11 Cr | 173.26 Cr |
| Net Income | -32.00 Cr | -116.00 Cr | -64.00 Cr | 55.00 Cr | 20.00 Cr | 147.00 Cr | 280.00 Cr | 298.00 Cr | 283.83 Cr | 333.95 Cr | 550.70 Cr | 474.68 Cr |
| Diluted EPS | -17.43 | -63.34 | -35.16 | 27.38 | 3.50 | 25.50 | 46.09 | 48.71 | 46.32 | 55.04 | 91.59 | 78.77 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 102.00 Cr | 191.00 Cr | 221.00 Cr | 543.00 Cr | 821.00 Cr | 1,123.00 Cr | 2,511.00 Cr | - | 3,444.63 Cr | 3,448.60 Cr | 4,133.69 Cr | 4,624.60 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 2,363.37 Cr | 2,370.12 Cr | 2,935.66 Cr | 3,193.59 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 58.11 Cr | 84.80 Cr | 73.48 Cr | 80.41 Cr |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | 7.05 Cr | 4.78 Cr | 3.97 Cr | 5.50 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 1,386.14 Cr | 1,712.49 Cr | 1,948.39 Cr | 2,224.23 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 856.06 Cr | 1,067.51 Cr | 1,221.56 Cr | 1,364.97 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Debt | 49.00 Cr | 66.00 Cr | 0 | 0 | 0 | 77.00 Cr | 63.00 Cr | - | 45.91 Cr | 40.67 Cr | 33.04 Cr | 23.10 Cr |
| Total Equity | -143.00 Cr | -144.00 Cr | -390.00 Cr | -321.00 Cr | 160.00 Cr | 275.00 Cr | 1,611.00 Cr | - | 2,058.49 Cr | 1,736.11 Cr | 2,185.29 Cr | 2,400.38 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 6.12 Cr | 6.00 Cr | 6.00 Cr | 6.01 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 7.00 Cr | -55.00 Cr | -1.00 Cr | 179.00 Cr | 255.00 Cr | 261.00 Cr | 322.00 Cr | - | 475.83 Cr | 559.17 Cr | 623.21 Cr | 694.22 Cr |
| Investing Cash Flow | -4.00 Cr | -75.00 Cr | -8.00 Cr | -165.00 Cr | -276.00 Cr | -233.00 Cr | -1,338.00 Cr | - | -324.01 Cr | 162.42 Cr | -486.35 Cr | -347.34 Cr |
| Financing Cash Flow | -0 | 133.00 Cr | 7.00 Cr | 15.00 Cr | 14.00 Cr | -51.00 Cr | 1,038.00 Cr | - | -143.26 Cr | -694.89 Cr | -148.19 Cr | -339.95 Cr |
| Capital Expenditure | -3.00 Cr | -8.00 Cr | -2.00 Cr | -2.00 Cr | -5.00 Cr | -5.00 Cr | 1.00 Cr | - | -17.20 Cr | -14.68 Cr | -7.86 Cr | -7.00 Cr |
| Free Cash Flow | 4.00 Cr | -63.00 Cr | -3.00 Cr | 177.00 Cr | 250.00 Cr | 256.00 Cr | 323.00 Cr | - | 458.62 Cr | 544.49 Cr | 615.36 Cr | 687.22 Cr |
| Net Change in Cash | 3.00 Cr | 2.00 Cr | -1.00 Cr | 29.00 Cr | -7.00 Cr | -23.00 Cr | 23.00 Cr | - | 8.56 Cr | 26.70 Cr | -11.32 Cr | 6.93 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 91.0% | 92.1% | 93.6% | 93.9% |
| Operating Margin % | -31.2% | -48.4% | -24.8% | -19.2% | 2.6% | 22.8% | 46.3% | 37.7% | 24.1% | 24.7% | 35.5% | 32.2% |
| Net Margin % | -18.2% | -45.7% | -20.1% | 13.4% | 3.9% | 23.0% | 41.8% | 39.6% | 28.8% | 27.9% | 39.7% | 30.3% |
| ROE % | 22.4% | 80.6% | 16.4% | -17.1% | 12.5% | 53.5% | 17.4% | - | 13.8% | 19.2% | 25.2% | 19.8% |
| ROCE % | - | - | - | - | - | - | - | - | 9.2% | 12.4% | 16.9% | 15.5% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for INDIAMART
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IndiaMART InterMESH Limited announces Annual dividend, payable on July 29, 2026 - marketscreener.com
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INDIAMART — Frequently Asked Questions
What is the current share price of IndiaMART InterMESH Limited (INDIAMART)?
As of 2026-07-15 09:52 IST, IndiaMART InterMESH Limited (INDIAMART) trades at ₹1,926.80 on NSE. Its 52-week range is ₹1,866.50 to ₹2,664.65.
What is the market capitalisation of INDIAMART?
IndiaMART InterMESH Limited (INDIAMART) has a market capitalisation of ₹11,577.59 Cr on NSE.
What is the P/E ratio of INDIAMART?
INDIAMART trades at a trailing price-to-earnings (P/E) ratio of 24.46. The industry average P/E is 24.46. Its price-to-book (P/B) ratio is 4.89.
Does INDIAMART pay a dividend?
IndiaMART InterMESH Limited (INDIAMART) currently offers a dividend yield of 1.56%.
What is the return on equity (ROE) of INDIAMART?
INDIAMART has a return on equity (ROE) of 19.78%. Its return on capital employed (ROCE) is 19.97%.
Is INDIAMART a good stock to buy?
This page provides a data-driven analysis of IndiaMART InterMESH Limited (INDIAMART), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.