IndiaMART InterMESH Limited
₹1,486.75-₹59.50 (-3.8%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹12,964 Cr
- P/E
- 21.4x
- EV / EBITDA
- 25.8x
- Revenue
- ₹1,320 Cr
- Net margin
- 31.8%
- ROCE
- 18.4%
Price chart
Technical chartScreen technicals →-39.8% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -9.0%
- 3M
- -14.7%
- 6M
- -29.5%
- 1Y
- -39.8%
- 5Y
- -59.8%
52-week range
Day change -₹59.50 (-3.8%) from ₹1,546 to ₹1,487 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in INDIAMART, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 19.9%
Concerns0
Rule-based from financial data. Not advice.
About the company
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.
- Sector
- Consumer Discretionary
- Shares outstanding
- 6.0 Cr shares
- ISIN
- INE933S01016
- BSE code
- 542726
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹12,964 Cr
- P/E
- 21.4x
- P/B
- 5.8x
- EV / EBITDA
- 25.8x
- EV / Sales
- 11.4x
- P/S
- 11.4x
- Earnings yield
- 4.7%
- 52-week high
- ₹2,503.45
- 52-week low
- ₹1,486.75
Profitability
- Operating margin
- 29.3%
- Net margin
- 31.8%
- EBITDA margin
- 44.2%
- ROE
- 20.5%
- ROCE
- 18.4%
- ROA
- 10.8%
- Dividend payout
- 33.0%
- Tax rate
- 24.0%
- Other income, % of PBT
- 35.8%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,320 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 15.9%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 12.8%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹504 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 36.2%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 67.7%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 19.9%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹545 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 17.5%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹12.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 0.2%
Solvency and efficiency
- Current ratio
- 2.13
- Debt / Equity
- 0.02
- Debt / Assets
- 0.01
- Debt / EBITDA
- 0.08
- Interest coverage
- 83.50
- Financial leverage
- 1.90
- CFO / Net profit
- 1.51
- Cash / Market cap
- 0.9%
- Cash per share
- ₹19.97
- Asset turnover
- 0.34
- Fixed asset turnover
- 24.23
- Capital intensity
- 0.04
- Debtor days
- 0 days
- Cash conversion cycle
- 0 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹46 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹807 Cr |
| Sales | Operating profit | ₹513 Cr |
| Operating profit | Interest | ₹4 Cr |
| Operating profit | Depreciation | ₹21 Cr |
| Operating profit | Profit before tax | ₹488 Cr |
| Other income | Profit before tax | ₹284 Cr |
| Profit before tax | Tax and other | ₹166 Cr |
| Profit before tax | Net profit | ₹607 Cr |
Revenue and net profit
Revenue grew 15.9% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹665 Cr | ₹287 Cr |
| FY2022 | ₹751 Cr | ₹310 Cr |
| FY2023 | ₹939 Cr | ₹272 Cr |
| FY2024 | ₹1,139 Cr | ₹362 Cr |
| FY2025 | ₹1,320 Cr | ₹607 Cr |
Cash flows
FY2025: ₹614 Cr from operations, ₹122 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹326 Cr | -₹1,017 Cr |
| FY2022 | ₹407 Cr | ₹68 Cr |
| FY2023 | ₹464 Cr | ₹148 Cr |
| FY2024 | ₹545 Cr | ₹726 Cr |
| FY2025 | ₹614 Cr | ₹122 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹1,320 Cr+15.9%1Y
- Net profit
- ₹607 Cr+67.7%1Y
- Cash from operations
- ₹614 Cr
- Free cash flow
- ₹122 Cr-83.2%1Y
- Revenue CAGR, 5Y
- 12.8%
- EBITDA CAGR, 5Y
- 16.5%
- Net profit CAGR, 5Y
- 19.9%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹1,320 Cr | ₹513 Cr | — | ₹607 Cr | ₹614 Cr | ₹122 Cr | 26.7% | +15.9% | +67.7% |
Monthly returns
Month-by-month returns of INDIAMART across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹4,090 Cr |
| Equity capital | ₹60 Cr |
| Reserves | ₹2,216 Cr |
| Borrowings | ₹33 Cr |
| Other liabilities | ₹1,780 Cr |
| Assets | ₹4,090 Cr |
| Fixed assets | ₹33 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹3,944 Cr |
| Other assets | ₹112 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
INDIAMART trades at 21.4x earnings against a peer median of 55.4x (a 61% discount).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| IndiaMART InterMESH LimitedINDIAMARTthis companyP/E ↓ discount | ₹12,964 Cr | 21.4x | 5.8x | 20.5% | 25.8x |
| Brainbees Solutions LimitedFIRSTCRY | ₹14,040 Cr | 164.0x | 2.3x | -1.5% | 119.7x |
| V-Guard Industries Ltd.VGUARD | ₹13,660 Cr | 55.1x | 6.6x | 13.1% | 33.9x |
| International Gemmological Institute India LimitedIGIL | ₹13,524 Cr | 25.6x | 5.7x | — | — |
| Allied Blenders and Distillers LimitedABDL | ₹13,504 Cr | 49.6x | 8.4x | 1.6% | 56.6x |
| Vedant Fashions LimitedMANYAVAR | ₹13,161 Cr | 34.2x | 7.6x | 25.8% | 18.4x |
| LT Foods LimitedLTFOODS | ₹12,994 Cr | 62.3x | 7.1x | 9.4% | 47.4x |
| BLS International Services LtdBLS | ₹12,241 Cr | 1632.0x | 162.3x | 41.6% | 255.2x |
| Lemon Tree Hotels LimitedLEMONTREE | ₹11,999 Cr | 112.0x | 9.3x | 8.4% | 60.7x |
| Peer median | — | 55.4x | 6.3x | 11.8% | 36.3x |
Year-to-date ROI
INDIAMART since 1 January, against earlier years.
Historical volatility
INDIAMART's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 50.0% |
| FY2022 | 42.0% |
| FY2023 | 28.0% |
| FY2024 | 29.0% |
| FY2025 | 39.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹1,320 Cr |
| Costs | |
| Interest | ₹4 Cr |
| Expenses | ₹807 Cr |
| Operating profitOperating Profit | ₹513 Cr |
| Other income and charges | |
| Profit before tax | ₹773 Cr |
| Tax | |
| Net profitNet Profit | ₹607 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹4,090 Cr |
| Equity capitalEquity Capital | ₹60 Cr |
| Reserves | ₹2,216 Cr |
| Borrowings | ₹33 Cr |
| Other liabilitiesOther Liabilities | ₹1,780 Cr |
| AssetsTotal Assets | ₹4,090 Cr |
| Fixed assetsFixed Assets | ₹33 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹3,944 Cr |
| Other assetsOther Assets | ₹112 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹614 Cr |
| Investing cash flowCash from Investing Activity | -₹492 Cr |
| Financing cash flowCash from Financing Activity | -₹135 Cr |
| Change in cashNet Cash Flow | -₹12 Cr |
Learn while you research
Academy chapters picked for IndiaMART InterMESH Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Cyclical vs Defensive StocksConsumer staples behave defensively across the business cycle.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read