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Last Updated on: 12 March, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Indiamart Intermesh Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 1:46 pm

Market Cap 12,071 Cr.
Current Price 2,011
High / Low 3,199/1,904
Stock P/E25.8
Book Value 319
Dividend Yield0.99 %
ROCE24.4 %
ROE18.9 %
Face Value 10.0
PEG Ratio2.44

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Indiamart Intermesh Ltd

Competitors of Indiamart Intermesh Ltd

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Matrimony.com Ltd 1,176 Cr. 528 850/48224.1 1380.95 %20.8 %18.2 % 5.00
Just Dial Ltd 7,558 Cr. 889 1,395/75518.7 5080.00 %4.81 %3.63 % 10.0
Indiamart Intermesh Ltd 12,071 Cr. 2,011 3,199/1,90425.8 3190.99 %24.4 %18.9 % 10.0
Industry Average6,935.00 Cr1,142.6722.87321.670.65%16.67%13.58%8.33

All Competitor Stocks of Indiamart Intermesh Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 187201213229240256268281291299315332337
Expenses 108142154164170189192200204209198212193
Operating Profit 80586065706776818790117120144
OPM % 43%29%28%28%29%26%28%29%30%30%37%36%43%
Other Income 2225-337472654323945516223
Interest 1111111111111
Depreciation 33456645510555
Profit before tax 9779529611086124107119125162176161
Tax % 24%24%7%23%26%22%23%22%23%26%23%28%22%
Net Profit 74604974826895839292124127125
EPS in Rs 12.169.777.9912.1213.3311.0315.5613.8215.2715.3920.6721.1720.81

Last Updated: February 28, 2025, 7:19 pm

Below is a detailed analysis of the quarterly data for Indiamart Intermesh Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is ₹337.00 Cr.. The value appears strong and on an upward trend. It has increased from 332.00 Cr. (Sep 2024) to ₹337.00 Cr., marking an increase of ₹5.00 Cr..
  • For Expenses, as of Dec 2024, the value is ₹193.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 212.00 Cr. (Sep 2024) to ₹193.00 Cr., marking a decrease of 19.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is ₹144.00 Cr.. The value appears strong and on an upward trend. It has increased from 120.00 Cr. (Sep 2024) to ₹144.00 Cr., marking an increase of ₹24.00 Cr..
  • For OPM %, as of Dec 2024, the value is 43.00%. The value appears strong and on an upward trend. It has increased from 36.00% (Sep 2024) to 43.00%, marking an increase of 7.00%.
  • For Other Income, as of Dec 2024, the value is ₹23.00 Cr.. The value appears to be declining and may need further review. It has decreased from 62.00 Cr. (Sep 2024) to ₹23.00 Cr., marking a decrease of 39.00 Cr..
  • For Interest, as of Dec 2024, the value is ₹1.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 1.00 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹5.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 5.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹161.00 Cr.. The value appears to be declining and may need further review. It has decreased from 176.00 Cr. (Sep 2024) to ₹161.00 Cr., marking a decrease of 15.00 Cr..
  • For Tax %, as of Dec 2024, the value is 22.00%. The value appears to be improving (decreasing) as expected. It has decreased from 28.00% (Sep 2024) to 22.00%, marking a decrease of 6.00%.
  • For Net Profit, as of Dec 2024, the value is ₹125.00 Cr.. The value appears to be declining and may need further review. It has decreased from 127.00 Cr. (Sep 2024) to ₹125.00 Cr., marking a decrease of 2.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 20.81. The value appears to be declining and may need further review. It has decreased from ₹21.17 (Sep 2024) to 20.81, marking a decrease of ₹0.36.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 3:58 pm

MetricMar 2012Mar 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 1161261732463094044976246657519391,1391,284
Expenses 172133212293331595483451332439677805812
Operating Profit -55-7-39-47-23-19114173333312262334471
OPM % -48%-5%-22%-19%-7%-47%3%28%50%42%28%29%37%
Other Income 71238147366285108108170181
Interest 0001000375544
Depreciation 4333434211612192525
Profit before tax -53-9-19-43-13-18746210396403345475623
Tax % 0%0%0%1%0%-61%73%30%28%23%21%24%
Net Profit -53-9-19-43-13-7213146287310272362468
EPS in Rs -28.71-4.81-10.37-23.58-7.16-36.222.2025.3047.2350.7144.4860.3978.04
Dividend Payout % 0%0%0%0%0%0%0%20%16%2%22%33%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)83.02%-126.32%69.77%-453.85%118.06%1023.08%96.58%8.01%-12.26%33.09%
Change in YoY Net Profit Growth (%)0.00%-209.33%196.08%-523.61%571.90%905.02%-926.50%-88.56%-20.27%45.35%

Indiamart Intermesh Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2012-2013 to 2023-2024.

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: November 14, 2024, 11:31 pm

MonthMar 2012Mar 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 999991029293031316060
Reserves -104-113-139-67-262-3221322461,5861,8622,0341,7101,854
Borrowings 49494966000776356464138
Other Liabilities 1011091882526098626587688351,0171,2501,5561,585
Total Liabilities 55551072603565508191,1192,5162,9653,3613,3673,537
Fixed Assets 13106912689856556534742
CWIP 0000000000000
Investments 2729682111563226149062,2672,7453,2243,1993,438
Other Assets 15153340742191961271841638312057
Total Assets 55551072603565508191,1192,5162,9653,3613,3673,537

Below is a detailed analysis of the balance sheet data for Indiamart Intermesh Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹60.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹60.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹1,854.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,710.00 Cr. (Mar 2024) to ₹1,854.00 Cr., marking an increase of 144.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹38.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹41.00 Cr. (Mar 2024) to ₹38.00 Cr., marking a decrease of 3.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹1,585.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹1,556.00 Cr. (Mar 2024) to ₹1,585.00 Cr., marking an increase of 29.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹3,537.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹3,367.00 Cr. (Mar 2024) to ₹3,537.00 Cr., marking an increase of 170.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹42.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹47.00 Cr. (Mar 2024) to ₹42.00 Cr., marking a decrease of 5.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹0.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹3,438.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹3,199.00 Cr. (Mar 2024) to ₹3,438.00 Cr., marking an increase of 239.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹57.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹120.00 Cr. (Mar 2024) to ₹57.00 Cr., marking a decrease of 63.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹3,537.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹3,367.00 Cr. (Mar 2024) to ₹3,537.00 Cr., marking an increase of 170.00 Cr..

Notably, the Reserves (₹1,854.00 Cr.) exceed the Borrowings (38.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-382141559183259264326407464545
Cash from Investing Activity +40-2-11-146-60-170-282-236-1,343-339-316181
Cash from Financing Activity +-30-013371514-511,038-58-143-695
Net Cash Flow0032628-9-232210531

Free Cash Flow

MonthMar 2012Mar 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-104.00-56.00-88.00-113.00-23.00-191.0014.0096.00270.00256.00216.00293.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days321110011110
Inventory Days
Days Payable
Cash Conversion Cycle321110011110
Working Capital Days-247-226-263-237-250-265-283-264-242-285-308-314
ROCE %86%40%22%17%24%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters49.52%49.52%49.52%49.22%49.22%49.22%49.22%49.22%49.21%49.21%49.21%49.21%
FIIs27.91%26.53%23.93%23.59%25.00%25.38%26.60%26.76%27.33%24.16%23.08%23.37%
DIIs4.68%5.34%5.46%4.96%5.24%5.81%5.62%5.62%5.46%8.23%10.60%11.81%
Public17.16%18.57%21.05%21.50%20.33%19.46%18.45%18.27%17.87%18.30%17.08%15.56%
Others0.72%0.04%0.04%0.72%0.21%0.15%0.12%0.12%0.11%0.08%0.05%0.05%
No. of Shareholders1,34,1821,59,6172,10,1732,41,4092,14,6401,95,2491,77,6541,65,6271,71,4701,71,3611,61,8231,59,877

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
UTI Flexi Cap Fund1,110,7351.21294.3183,4692025-03-10505.41%
SBI Technology Opportunities Fund284,0332.3675.26183,4692025-03-1054.81%
ICICI Prudential Technology Fund183,4690.4548.61183,4692025-03-100%
Franklin India Technology Fund120,6673.3231.97183,4692025-03-10-34.23%
PGIM India Small Cap Fund99,3671.5926.33183,4692025-03-10-45.84%
UTI Unit Linked Insurance Plan (ULIP) - Ten Year Plan97,5650.525.85183,4692025-03-10-46.82%
Invesco India Smallcap Fund95,4290.8825.28183,4692025-03-10-47.99%
Aditya Birla Sun Life Digital India Fund92,5550.6224.52183,4692025-03-10-49.55%
Franklin India Opportunities Fund77,1881.3720.45183,4692025-03-10-57.93%
Invesco India ELSS Tax Saver Fund67,2850.8317.83183,4692025-03-10-63.33%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 55.1892.9697.8296.1551.14
Diluted EPS (Rs.) 55.0492.6396.8494.5850.24
Cash EPS (Rs.) 68.53115.38105.3398.4658.93
Book Value[Excl.RevalReserv]/Share (Rs.) 289.60673.17613.38531.3695.25
Book Value[Incl.RevalReserv]/Share (Rs.) 289.60673.17613.38531.3695.25
Revenue From Operations / Share (Rs.) 199.63322.25246.62220.86221.23
PBDIT / Share (Rs.) 90.40146.64137.48136.8182.24
PBIT / Share (Rs.) 84.32136.48133.57131.5174.92
PBT / Share (Rs.) 82.53133.81131.80129.3173.78
Net Profit / Share (Rs.) 62.44105.21101.4293.1651.61
NP After MI And SOA / Share (Rs.) 55.7192.8297.4192.2851.04
PBDIT Margin (%) 45.2845.5055.7461.9437.17
PBIT Margin (%) 42.2342.3554.1659.5433.86
PBT Margin (%) 41.3441.5253.4458.5433.35
Net Profit Margin (%) 31.2732.6441.1242.1823.32
NP After MI And SOA Margin (%) 27.9028.8039.4941.7823.06
Return on Networth / Equity (%) 19.2313.7815.8817.3653.58
Return on Capital Employeed (%) 21.2316.1217.8120.2334.20
Return On Assets (%) 9.688.2310.0911.1313.12
Asset Turnover Ratio (%) 0.340.290.270.360.64
Current Ratio (X) 2.222.763.714.411.88
Quick Ratio (X) 2.222.763.714.411.88
Dividend Payout Ratio (NP) (%) 18.312.1515.290.0019.59
Dividend Payout Ratio (CP) (%) 16.511.9314.700.0017.13
Earning Retention Ratio (%) 81.6997.8584.710.0080.41
Cash Earning Retention Ratio (%) 83.4998.0785.300.0082.87
Interest Coverage Ratio (X) 60.8155.0177.7662.2572.34
Interest Coverage Ratio (Post Tax) (X) 43.2040.4758.3643.3946.39
Enterprise Value (Cr.) 15759.8115317.3013131.8523364.275566.43
EV / Net Operating Revenue (X) 13.1715.5417.4334.898.71
EV / EBITDA (X) 29.0834.1631.2656.3323.44
MarketCap / Net Operating Revenue (X) 13.2515.6017.5335.018.75
Retention Ratios (%) 81.6897.8484.700.0080.40
Price / BV (X) 9.147.477.0514.5520.32
Price / Net Operating Revenue (X) 13.2515.6017.5335.018.75
EarningsYield 0.020.010.020.010.02

After reviewing the key financial ratios for Indiamart Intermesh Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 55.18. This value is within the healthy range. It has decreased from 92.96 (Mar 23) to 55.18, marking a decrease of 37.78.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 55.04. This value is within the healthy range. It has decreased from 92.63 (Mar 23) to 55.04, marking a decrease of 37.59.
  • For Cash EPS (Rs.), as of Mar 24, the value is 68.53. This value is within the healthy range. It has decreased from 115.38 (Mar 23) to 68.53, marking a decrease of 46.85.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 289.60. It has decreased from 673.17 (Mar 23) to 289.60, marking a decrease of 383.57.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 289.60. It has decreased from 673.17 (Mar 23) to 289.60, marking a decrease of 383.57.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 199.63. It has decreased from 322.25 (Mar 23) to 199.63, marking a decrease of 122.62.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 90.40. This value is within the healthy range. It has decreased from 146.64 (Mar 23) to 90.40, marking a decrease of 56.24.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 84.32. This value is within the healthy range. It has decreased from 136.48 (Mar 23) to 84.32, marking a decrease of 52.16.
  • For PBT / Share (Rs.), as of Mar 24, the value is 82.53. This value is within the healthy range. It has decreased from 133.81 (Mar 23) to 82.53, marking a decrease of 51.28.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 62.44. This value is within the healthy range. It has decreased from 105.21 (Mar 23) to 62.44, marking a decrease of 42.77.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 55.71. This value is within the healthy range. It has decreased from 92.82 (Mar 23) to 55.71, marking a decrease of 37.11.
  • For PBDIT Margin (%), as of Mar 24, the value is 45.28. This value is within the healthy range. It has decreased from 45.50 (Mar 23) to 45.28, marking a decrease of 0.22.
  • For PBIT Margin (%), as of Mar 24, the value is 42.23. This value exceeds the healthy maximum of 20. It has decreased from 42.35 (Mar 23) to 42.23, marking a decrease of 0.12.
  • For PBT Margin (%), as of Mar 24, the value is 41.34. This value is within the healthy range. It has decreased from 41.52 (Mar 23) to 41.34, marking a decrease of 0.18.
  • For Net Profit Margin (%), as of Mar 24, the value is 31.27. This value exceeds the healthy maximum of 10. It has decreased from 32.64 (Mar 23) to 31.27, marking a decrease of 1.37.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 27.90. This value exceeds the healthy maximum of 20. It has decreased from 28.80 (Mar 23) to 27.90, marking a decrease of 0.90.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 19.23. This value is within the healthy range. It has increased from 13.78 (Mar 23) to 19.23, marking an increase of 5.45.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 21.23. This value is within the healthy range. It has increased from 16.12 (Mar 23) to 21.23, marking an increase of 5.11.
  • For Return On Assets (%), as of Mar 24, the value is 9.68. This value is within the healthy range. It has increased from 8.23 (Mar 23) to 9.68, marking an increase of 1.45.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 0.34. It has increased from 0.29 (Mar 23) to 0.34, marking an increase of 0.05.
  • For Current Ratio (X), as of Mar 24, the value is 2.22. This value is within the healthy range. It has decreased from 2.76 (Mar 23) to 2.22, marking a decrease of 0.54.
  • For Quick Ratio (X), as of Mar 24, the value is 2.22. This value exceeds the healthy maximum of 2. It has decreased from 2.76 (Mar 23) to 2.22, marking a decrease of 0.54.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 18.31. This value is below the healthy minimum of 20. It has increased from 2.15 (Mar 23) to 18.31, marking an increase of 16.16.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 16.51. This value is below the healthy minimum of 20. It has increased from 1.93 (Mar 23) to 16.51, marking an increase of 14.58.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 81.69. This value exceeds the healthy maximum of 70. It has decreased from 97.85 (Mar 23) to 81.69, marking a decrease of 16.16.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 83.49. This value exceeds the healthy maximum of 70. It has decreased from 98.07 (Mar 23) to 83.49, marking a decrease of 14.58.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 60.81. This value is within the healthy range. It has increased from 55.01 (Mar 23) to 60.81, marking an increase of 5.80.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 43.20. This value is within the healthy range. It has increased from 40.47 (Mar 23) to 43.20, marking an increase of 2.73.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 15,759.81. It has increased from 15,317.30 (Mar 23) to 15,759.81, marking an increase of 442.51.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 13.17. This value exceeds the healthy maximum of 3. It has decreased from 15.54 (Mar 23) to 13.17, marking a decrease of 2.37.
  • For EV / EBITDA (X), as of Mar 24, the value is 29.08. This value exceeds the healthy maximum of 15. It has decreased from 34.16 (Mar 23) to 29.08, marking a decrease of 5.08.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 13.25. This value exceeds the healthy maximum of 3. It has decreased from 15.60 (Mar 23) to 13.25, marking a decrease of 2.35.
  • For Retention Ratios (%), as of Mar 24, the value is 81.68. This value exceeds the healthy maximum of 70. It has decreased from 97.84 (Mar 23) to 81.68, marking a decrease of 16.16.
  • For Price / BV (X), as of Mar 24, the value is 9.14. This value exceeds the healthy maximum of 3. It has increased from 7.47 (Mar 23) to 9.14, marking an increase of 1.67.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 13.25. This value exceeds the healthy maximum of 3. It has decreased from 15.60 (Mar 23) to 13.25, marking a decrease of 2.35.
  • For EarningsYield, as of Mar 24, the value is 0.02. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 23) to 0.02, marking an increase of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Indiamart Intermesh Ltd as of March 12, 2025 is: ₹1,256.73

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2025, Indiamart Intermesh Ltd is Overvalued by 37.51% compared to the current share price 2,011.00

Intrinsic Value of Indiamart Intermesh Ltd as of March 12, 2025 is: 1,389.51

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2025, Indiamart Intermesh Ltd is Overvalued by 30.90% compared to the current share price 2,011.00

Last 5 Year EPS CAGR: 10.57%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 15.75%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -265.33, which is a positive sign.
  3. The company has higher reserves (647.46 cr) compared to borrowings (41.08 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (373.23 cr) and profit (167.23 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 1.00, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Indiamart Intermesh Ltd:
    1. Net Profit Margin: 31.27%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 21.23% (Industry Average ROCE: 16.67%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 19.23% (Industry Average ROE: 13.58%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 43.2
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 2.22
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 25.8 (Industry average Stock P/E: 22.87)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

IndiaMART InterMESH Ltd. is a Public Limited Listed company incorporated on 13/09/1999 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L74899DL1999PLC101534 and registration number is 101534. Currently Company is involved in the business activities of Data processing, hosting and related activities. Company's Total Operating Revenue is Rs. 1138.99 Cr. and Equity Capital is Rs. 59.95 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Internet & Catalogue Retail1st Floor, 29-Daryagang, New Delhi Delhi 110002cs@indiamart.com
http://www.indiamart.com
Management
NamePosition Held
Mr. Dinesh Chandra AgarwalManaging Director & CEO
Mr. Brijesh Kumar AgrawalWhole Time Director
Mr. Dhruv PrakashNon Executive Director
Mr. Vivek Narayan GourIndependent Director
Mr. Rajesh SawhneyIndependent Director
Mr. Aakash ChaudhryIndependent Director
Ms. Pallavi Dinodia GuptaLead Independent Director

FAQ

What is the latest intrinsic value of Indiamart Intermesh Ltd?

The latest intrinsic value of Indiamart Intermesh Ltd as on 09 March 2025 is ₹1256.73, which is 37.51% lower than the current market price of 2,011.00, indicating the stock is overvalued by 37.51%. The intrinsic value of Indiamart Intermesh Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹12,071 Cr. and recorded a high/low of ₹3,199/1,904 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,854 Cr and total liabilities of ₹3,537 Cr.

What is the Market Cap of Indiamart Intermesh Ltd?

The Market Cap of Indiamart Intermesh Ltd is 12,071 Cr..

What is the current Stock Price of Indiamart Intermesh Ltd as on 09 March 2025?

The current stock price of Indiamart Intermesh Ltd as on 09 March 2025 is ₹2,011.

What is the High / Low of Indiamart Intermesh Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Indiamart Intermesh Ltd stocks is ₹3,199/1,904.

What is the Stock P/E of Indiamart Intermesh Ltd?

The Stock P/E of Indiamart Intermesh Ltd is 25.8.

What is the Book Value of Indiamart Intermesh Ltd?

The Book Value of Indiamart Intermesh Ltd is 319.

What is the Dividend Yield of Indiamart Intermesh Ltd?

The Dividend Yield of Indiamart Intermesh Ltd is 0.99 %.

What is the ROCE of Indiamart Intermesh Ltd?

The ROCE of Indiamart Intermesh Ltd is 24.4 %.

What is the ROE of Indiamart Intermesh Ltd?

The ROE of Indiamart Intermesh Ltd is 18.9 %.

What is the Face Value of Indiamart Intermesh Ltd?

The Face Value of Indiamart Intermesh Ltd is 10.0.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Indiamart Intermesh Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE