Indiamart Intermesh Ltd
INDIAMARTIndiamart Intermesh Ltd
INDIAMARTPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
32.89 | 8.16 | 0.85% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
-146.23 | 13.09 | 0.33% |
Forecast & Ratings
Detailed Forecast from 14 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
IndiaMART is an India-based online marketplace, which connects buyers with suppliers. The Company's online channel focuses on providing a platform to small and medium enterprises (SMEs), large enterprises, as well as individuals
Investor Presentation
View olderPeers
Compare with peersZomato Ltd
Swiggy Ltd
Info Edge (India) Ltd
PB Fintech Ltd
Indian Railway Catering and Tourism Corporation Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 259.04 | 331.93 | 429.53 | 548.39 | 707.44 | 756.14 | 865.68 | 1,165.93 | 1,407.39 | 1,536.60 | ||||||||||
Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 913.50 | ||||||||||
Power & Fuel Cost | 2.89 | 2.90 | 2.86 | 2.92 | 2.88 | 0.69 | 0.77 | 1.58 | 1.77 | |||||||||||
Employee Cost | 181.27 | 209.67 | 194.86 | 229.98 | 266.67 | 205.21 | 267.55 | 424.74 | 544.07 | |||||||||||
Selling & Administrative Expenses | 178.80 | 151.56 | 158.38 | 32.38 | 45.26 | 29.42 | 42.80 | 74.35 | 82.12 | |||||||||||
Operating & Other expenses | 6.82 | 27.32 | 130.64 | 225.06 | 156.79 | 108.75 | 146.77 | 254.75 | 279.67 | |||||||||||
EBITDA | -110.74 | -59.52 | -57.21 | 58.05 | 235.84 | 412.07 | 407.79 | 410.51 | 499.76 | 623.10 | ||||||||||
Depreciation/Amortization | 3.67 | 4.63 | 2.89 | 4.13 | 21.15 | 16.07 | 11.95 | 31.08 | 36.46 | 37.40 | ||||||||||
PBIT | -114.41 | -64.15 | -60.10 | 53.92 | 214.69 | 396.00 | 395.84 | 379.43 | 463.30 | 585.70 | ||||||||||
Interest & Other Items | 1.04 | 0.00 | 0.00 | 0.00 | 3.28 | 6.66 | 5.40 | 8.15 | 8.91 | 8.30 | ||||||||||
PBT | -115.45 | -64.15 | -60.10 | 53.92 | 211.41 | 389.34 | 390.44 | 371.28 | 454.39 | 577.40 | ||||||||||
Taxes & Other Items | 0.46 | 0.20 | -114.86 | 33.88 | 64.04 | 109.58 | 92.83 | 87.45 | 120.43 | 146.80 | ||||||||||
Net Income | -115.91 | -64.35 | 54.76 | 20.04 | 147.37 | 279.76 | 297.61 | 283.83 | 333.96 | 430.60 | ||||||||||
EPS | -7.90 | -4.39 | 3.58 | 1.03 | 8.56 | 23.63 | 24.45 | 30.96 | 55.15 | 71.83 | ||||||||||
DPS | 0.00 | 0.00 | 0.00 | 0.00 | 2.50 | 3.75 | 0.50 | 10.00 | 20.00 | 20.00 | ||||||||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.29 | 0.16 | 0.02 | 0.32 | 0.36 | 0.28 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
Communication ServicesOnline Services
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Indiamart Intermesh Ltd | 42.40 | 8.16 | 0.85% |
Zomato Ltd | 791.89 | 13.62 | — |
Swiggy Ltd | -54.99 | 16.59 | — |
Info Edge (India) Ltd | 199.48 | 3.63 | 0.25% |
Price Comparison
Compare INDIAMART with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Indiamart Intermesh Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
SBI Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.8108% | Percentage of the fund’s portfolio invested in the stock 1.20% | Change in the portfolio weight of the stock over the last 3 months 0.14% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 35/61 (+8) |
UTI Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.5088% | Percentage of the fund’s portfolio invested in the stock 0.81% | Change in the portfolio weight of the stock over the last 3 months -0.22% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 57/69 (-9) |
SBI Innovative Opportunities Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.3145% | Percentage of the fund’s portfolio invested in the stock 2.36% | Change in the portfolio weight of the stock over the last 3 months 1.27% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 29/44 (-8) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
No Trend In Dividends
INDIAMART has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 0.85%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹8.47 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 7, 2024
Dividend/Share
₹20.00
Ex DateEx Date
Jun 7, 2024
Cash Dividend
Ex DateEx DateMay 11, 2023
Dividend/Share
₹20.00
Ex DateEx Date
May 11, 2023
Cash Dividend
Ex DateEx DateSep 1, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Sep 1, 2022
Cash Dividend
Ex DateEx DateAug 23, 2021
Dividend/Share
₹15.00
Ex DateEx Date
Aug 23, 2021
Cash Dividend
Ex DateEx DateMar 12, 2020
Dividend/Share
₹10.00
Ex DateEx Date
Mar 12, 2020
IndiaMART Intermesh has allotted 53,000 equity shares under ESOP on 04 December 2024. With this allotment, the paid up equity share capital has increased to Rs. 60,03,21,480/- (6,00,32,148 Equity Shares of Rs. 10/- each). Powered by Capital Market - Live
The brokerage said that even as the company reported in-line Q2 results, subscriber growth remains weak, leading to a moderation in collections growth to just 5% year-on-year, a key negative from the quarter. The broker forecasts collections growth to range between 10-15% unless subscriber additions improve. The firm has also cut its estimates by 4-12%, citing a continued rise in subscriber churn despite multiple management interventions, which has been a negative surprise. Meanwhile, another foreign broker maintained a 'neutral' stance with a target price of Rs 3,150, pointing to weak collections and low subscriber additions as major factors dampening near-term prospects. The brokerage highlighted that, unlike previous trends, weak collection per customer growth is now coinciding with consistently low subscriber additions, averaging around 2,000 per quarter over the last five periods. On a standalone basis, IndiaMART InterMESH's revenue from operations increased to Rs 332 crore as compared to Rs 281 crore last year, representing a YoY growth of 18%. The growth was primarily driven by around 14% improvement in realization from paying suppliers and the remaining by increase in number of paying suppliers. Collections from customer grew to Rs 337 crore for the quarter (+5% YoY) and deferred revenue as on 30 September 2024 increased to Rs 1,426 crore (+18% YoY). EBITDA for the quarter was at Rs 120 crore (+48% YoY), representing margin of 36% (vs. 29% last year). Net profit for the quarter was at Rs 127 crore (+53% YoY), representing margin of 32% (vs. 26% last year). IndiaMART registered Unique business enquiries of 28 million in Q2FY25, representing a YoY growth of 14%. Supplier Storefronts grew to 8 million, an increase of 5% YoY and paying suppliers grew to 218K representing net addition of 2.4K subscribers during the quarter. Commenting on the performance, Dinesh Agarwal, chief executive officer, said: We have closed the second quarter with healthy growth in revenue and operating margins along with modest growth in deferred revenue and cash flows. We stay committed to the vision of 'Make Doing Business Easy' and enable businesses to grow online. We continue to focus on improving the experience of buyers as well as suppliers and strengthen our value proposition further. On the back of healthy cash flows and increasing internet adoption by businesses, we stay confident of the sustained profitable growth for the times to come. IndiaMART is India's largest online B2B marketplace for business products and services. IndiaMART makes it easier to do business by connecting buyers and sellers across product categories and geographies in India through business enablement solutions. IndiaMART provides ease and convenience to the buyers by offering a wide assortment of products and a responsive seller base while offering lead generation, lead management and payment solutions to its sellers. Powered by Capital Market - Live
Net profit of Indiamart Intermesh rose 94.67% to Rs 135.10 crore in the quarter ended September 2024 as against Rs 69.40 crore during the previous quarter ended September 2023. Sales rose 17.98% to Rs 347.70 crore in the quarter ended September 2024 as against Rs 294.70 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales347.70294.70 18 OPM %35.0623.41 - PBDT185.50101.30 83 PBT177.3093.30 90 NP135.1069.40 95 Powered by Capital Market - Live
IndiaMART InterMESH will hold a meeting of the Board of Directors of the Company on 19 October 2024.Powered by Capital Market - Live
F&O Ban List: Birlasoft, Indiamart Intermesh among 6 stocks under trade ban on Friday
ACC, Indiamart Intermesh among 5 stocks with short buildup - On Radar
Impact Of Baldor Tech Acquisition On Indiamart’s Revenue | NDTV Profit
Lloyds Engineering Works Ltd, Aegis Logistics Ltd, Fine Organic Industries Ltd and Birlasoft Ltd are among the other losers in the BSE's 'A' group today, 31 July 2024.Indiamart Intermesh Ltd tumbled 6.21% to Rs 2951 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 44451 shares were traded on the counter so far as against the average daily volumes of 12846 shares in the past one month.Lloyds Engineering Works Ltd crashed 5.23% to Rs 86.98. The stock was the second biggest loser in 'A' group.On the BSE, 13.22 lakh shares were traded on the counter so far as against the average daily volumes of 15.72 lakh shares in the past one month.Aegis Logistics Ltd lost 5.15% to Rs 835.25. The stock was the third biggest loser in 'A' group.On the BSE, 14700 shares were traded on the counter so far as against the average daily volumes of 68260 shares in the past one month.Fine Organic Industries Ltd fell 5.11% to Rs 5575. The stock was the fourth biggest loser in 'A' group.On the BSE, 14532 shares were traded on the counter so far as against the average daily volumes of 6448 shares in the past one month.Birlasoft Ltd shed 4.63% to Rs 676.95. The stock was the fifth biggest loser in 'A' group.On the BSE, 3.35 lakh shares were traded on the counter so far as against the average daily volumes of 1.51 lakh shares in the past one month.Powered by Capital Market - Live
The headline equity indices traded with decent gains in mid-afternoon trade. The Nifty traded above the 24,950 mark. PSU bank shares extended losses for the second consecutive trading session. At 14:30 IST, the barometer index, the S&P BSE Sensex, was up 290.51 points or 0.38% to 81,756.60. The Nifty 50 index added 94.25 points or 0.38% to 24,951.55. In the broader market, the S&P BSE Mid-Cap index gained 0.83% and the S&P BSE Small-Cap index rose 0.10%. The S&P BSE Mid-Cap and S&P BSE Small-Cap index hit an all-time high at 48,680.74 and 55,685.07, respectively. The market breadth was strong. On the BSE, 2,104 shares rose and 1,799 shares fell. A total of 102 shares were unchanged. Buzzing Index: The Nifty PSU Bank index fell 0.86% to 7,364.45. The index shed 0.94% in two consecutive trading sessions. Punjab & Sind Bank (down 2.02%), Indian Overseas Bank (down 1.93%), Bank of Baroda (down 1.58%), UCO Bank (down 1.55%), Punjab National Bank (down 1.35%), Canara Bank (down 1.04%), Bank of Maharashtra (down 0.96%), Central Bank of India (down 0.86%), State Bank of India (down 0.52%) and Union Bank of India (down 0.28%) declined. Numbers to Track: The yield on India's 10-year benchmark federal grew 1.77% to 7.054 as compared with previous close 7.050. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 83.7400, compared with its close of 83.7300 during the previous trading session. MCX Gold futures for 5 August 2024 settlement rose 0.63% to Rs 69,040. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.25% to 104.29. The United States 10-year bond yield fell 0.07% to 4.138. In the commodities market, Brent crude for September 2024 settlement gained $1.67 or 2.14% to $79.74 a barrel. Stocks in Spotlight: IndiaMART InterMESH dropped 6.21%. The company reported 37% rise in consolidated net profit to Rs 114 crore on a 17% increase in operating revenue to Rs 331 crore in Q1 FY25 as compared with Q1 FY24. The revenue includes IndiaMART standalone revenue of Rs 315 crore and Busy Infotech revenue of Rs 15 crore, registering a growth of 18% and 15%, respectively, on YoY basis. Dixon Technologies (India) rose 1.18% after the company reported 107.91% surge in consolidated net profit to Rs 139.70 crore in Q1 FY25 from Rs 67.19 crore posted in Q1 FY24. Revenue from operations zoomed 101.12% year on year (YoY) to Rs 6,579.80 crore in the quarter ended 30 June 2024. Powered by Capital Market - Live
IndiaMART records 37% YoY rise in Q1 PAT;
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 20.74%, vs industry avg of 23.67%
Decreasing Market Share
Over the last 5 years, market share decreased from 5.13% to 2.97%