Indiamart Intermesh Ltd

Indiamart Inter. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Indiamart Intermesh Ltd

₹ 2,254 -0.41%
21 Nov - close price
indiamart.com BSE: 542726 NSE: INDIAMART
About

IndiaMART, the first and largest B2B digital marketplace in the country, today stands out as a game-changer on the B2B landscape. It focuses on integrating the Small and Medium Businesses (SMEs) into the new paradigm with speed and ease, we are constantly pushing the frontiers of innovation to make the online marketplace more accessible, visible and engaging to them. [1]

Key Points

Largest in the industry[1]
The company commands nearly 60% market share of the online B2B classifieds space which makes it the largest player in the industry. It has a portfolio of ~7.9 million supplier storefronts, ~2,14,000 paying subscription suppliers,~108 mn live product listings, ~24 mn unique business enquiries & a total traffic of 252 million repeated users. The company has ~194 mn registered buyers with a repeat of 53%. CRM has ~136Mn replies & callbacks. 37% suppliers are buyers.

Website BSE NSE
  • Market Cap ₹ 13,519 Cr.
  • Current Price ₹ 2,254
  • High / Low ₹ 3,199 / 2,229
  • Stock P/E 31.1
  • Book Value ₹ 319
  • Dividend Yield 0.89 %
  • ROCE 24.4 %
  • ROE 18.9 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 19.2%

Cons

  • Stock is trading at 7.06 times its book value
  • Earnings include an other income of Rs.196 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: E-Commerce/App based Aggregator Industry: Miscellaneous

Part of BSE 250 SmallCap Index Nifty Smallcap 50 Nifty Smallcap 250 Nifty Smallcap 100 BSE Allcap

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
182 187 201 213 229 240 256 268 281 291 299 315 332
97 108 142 154 164 170 189 192 200 204 209 198 212
Operating Profit 84 80 58 60 65 70 67 76 81 87 90 117 120
OPM % 46% 43% 29% 28% 28% 29% 26% 28% 29% 30% 30% 37% 36%
31 22 25 -3 37 47 26 54 32 39 45 51 62
Interest 1 1 1 1 1 1 1 1 1 1 1 1 1
Depreciation 3 3 3 4 5 6 6 4 5 5 10 5 5
Profit before tax 112 97 79 52 96 110 86 124 107 119 125 162 176
Tax % 24% 24% 24% 7% 23% 26% 22% 23% 22% 23% 26% 23% 28%
85 74 60 49 74 82 68 95 83 92 92 124 127
EPS in Rs 13.93 12.16 9.77 7.99 12.12 13.33 11.03 15.56 13.82 15.27 15.39 20.67 21.17
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
116 126 173 246 309 404 497 624 665 751 939 1,139 1,238
172 133 212 293 331 595 483 451 332 439 677 805 824
Operating Profit -55 -7 -39 -47 -23 -191 14 173 333 312 262 334 414
OPM % -48% -5% -22% -19% -7% -47% 3% 28% 50% 42% 28% 29% 33%
7 1 23 8 14 7 36 62 85 108 108 170 196
Interest 0 0 0 1 0 0 0 3 7 5 5 4 4
Depreciation 4 3 3 3 4 3 4 21 16 12 19 25 25
Profit before tax -53 -9 -19 -43 -13 -187 46 210 396 403 345 475 581
Tax % 0% 0% 0% 1% 0% -61% 73% 30% 28% 23% 21% 24%
-53 -9 -19 -43 -13 -72 13 146 287 310 272 362 435
EPS in Rs -28.71 -4.81 -10.37 -23.58 -7.16 -36.22 2.20 25.30 47.23 50.71 44.48 60.39 72.50
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 20% 16% 2% 22% 33%
Compounded Sales Growth
10 Years: %
5 Years: 18%
3 Years: 20%
TTM: 18%
Compounded Profit Growth
10 Years: %
5 Years: 96%
3 Years: 8%
TTM: 31%
Stock Price CAGR
10 Years: %
5 Years: 16%
3 Years: -16%
1 Year: -13%
Return on Equity
10 Years: %
5 Years: 20%
3 Years: 17%
Last Year: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 9 9 9 9 9 10 29 29 30 31 31 60 60
Reserves -104 -113 -139 -67 -262 -322 132 246 1,586 1,862 2,034 1,710 1,854
49 49 49 66 0 0 0 77 63 56 46 41 38
101 109 188 252 609 862 658 768 835 1,017 1,250 1,556 1,585
Total Liabilities 55 55 107 260 356 550 819 1,119 2,516 2,965 3,361 3,367 3,537
13 10 6 9 126 8 9 85 65 56 53 47 42
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 27 29 68 211 156 322 614 906 2,267 2,745 3,224 3,199 3,438
15 15 33 40 74 219 196 127 184 163 83 120 57
Total Assets 55 55 107 260 356 550 819 1,119 2,516 2,965 3,361 3,367 3,537

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-38 2 14 15 59 183 259 264 326 407 464 545
40 -2 -11 -146 -60 -170 -282 -236 -1,343 -339 -316 181
-3 0 -0 133 7 15 14 -51 1,038 -58 -143 -695
Net Cash Flow 0 0 3 2 6 28 -9 -23 22 10 5 31

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 3 2 1 1 1 0 0 1 1 1 1 0
Inventory Days
Days Payable
Cash Conversion Cycle 3 2 1 1 1 0 0 1 1 1 1 0
Working Capital Days -247 -226 -263 -237 -250 -265 -283 -264 -242 -285 -308 -314
ROCE % 86% 40% 22% 17% 24%

Shareholding Pattern

Numbers in percentages

3 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
49.52% 49.52% 49.22% 49.22% 49.22% 49.22% 49.22% 49.21% 49.21% 49.21% 49.21% 49.21%
26.53% 23.93% 23.59% 25.00% 25.38% 26.60% 26.76% 27.33% 24.16% 23.08% 23.37% 23.86%
5.34% 5.46% 4.96% 5.24% 5.81% 5.62% 5.62% 5.46% 8.23% 10.60% 11.81% 12.10%
18.57% 21.05% 21.50% 20.33% 19.46% 18.45% 18.27% 17.87% 18.30% 17.08% 15.56% 14.78%
0.04% 0.04% 0.72% 0.21% 0.15% 0.12% 0.12% 0.11% 0.08% 0.05% 0.05% 0.04%
No. of Shareholders 1,59,6172,10,1732,41,4092,14,6401,95,2491,77,6541,65,6271,71,4701,71,3611,61,8231,59,8771,48,435

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Concalls