INDIAMARTConsumer Services

Indiamart Intermesh Limited

Internet & Catalogue Retail · ISIN INE933S01016 · BSE 542726 · NSE EQ · FV ₹10
Last price
₹1,663
-2.56%today
What this company does

Indiamart Intermesh Limited operates in Internet & Catalogue Retail, part of the Consumer Services sector. It booked ₹414 cr of revenue in its latest quarter (Q1 FY27) and kept 41.6% of sales as profit. It is the 2nd largest of 6 Internet & Catalogue Retail companies we track, by market value.

Their stated vision

is to expand our capabilities to include services such as credit facilitation, Transformation Environment Adoption logistics and tracking, along with a suite of business enablement software.

In the report:
83out of 100
Equitytale Health Score
Fortress

Healthier than 83% of companies in Consumer Services, on all six measures of filed financials. Each measure is ranked against the 16–46 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
37

At close. Not part of the score.

Profitability & returns85

How much profit it earns on the money it employs

Balance sheet94

How much it owes, and whether earnings cover the interest

Cash quality70

Whether reported profit actually arrives as cash

Growth & consistency62

Whether sales and profit have grown, and how steadily

Valuation85

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Looks broadly healthyPriced in line with peers
Strengths
Makes a profit
Strong 42% net margin
Sales up 11% vs last year
Profit up 12% vs last year
Promoters hold 49%
No promoter shares pledged
Strong 29% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in INDIAMART?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,663 -2.56%
latest close · 2026-09-17
1-year return
-53.0%
52-wk low ₹1,62452-wk high ₹4,855
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio14.5Low
LowAverageHigh
P/B ratio4.16High
Below bookModerateHigh
EV / EBITDA9.8Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity28.7%Strong
WeakFairStrong ▸15%
Return on capital30.3%Strong
WeakFairStrong
Net margin41.6%Strong
ThinDecentStrong
EBITDA margin61.1%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover493.6×Strong
RiskyOkayStrong ▸5×
Current ratio2.34Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹9,993 cr
Book value
₹399
EPS
₹28.66
latest quarter
Net debt
₹-80 cr
more cash than debt
Enterprise value
₹9,912 cr
EBITDA
₹1,013 cr
annualised
EBIT
₹987 cr
annualised
Operating margin
59.6%
Return on assets
14.9%
Earnings yield
6.89%
P/S
6.03
Sales / share
₹275.8
Tax rate
24.2%
Face value
₹10
Shares
6.0 cr
Working capital
₹1,829 cr
Current assets
₹3,194 cr
Current liabilities
₹1,365 cr
Delivery %
58.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹543₹695, midpoint ₹619

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹414 cr
Other Income₹107 cr
Total Income₹521 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹174 cr
Finance Costs₹50 L
Depreciation & Amortisation₹6 cr
Other Expenses₹94 cr
Total Expenses₹275 cr
Profit before Tax₹246 cr
Tax Expense₹60 cr
Share of JV / Associates₹-15 cr
Net Profit₹172 cr
Net margin on total income33.0%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹174 cr34.4%
Finance costs₹50 L0.1%
Depreciation & amortisation₹6 cr1.3%
Other expenses₹94 cr18.5%
Tax expense₹60 cr11.7%
Profit for the period₹172 cr34.0%
Total income ₹521 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue402 cr404 cr414 cr
Total income537 cr370 cr521 cr
Expenses275 cr279 cr275 cr
Profit before tax262 cr91 cr246 cr
Tax59 cr28 cr60 cr
Net profit (owners' share)188 cr50 cr172 cr
Net margin (owners' share, on revenue)46.9%12.4%41.6%
EPS (₹)31.378.3628.66
YoY (latest quarter): total income +12.2% · net profit +12.2%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹4,625 cr
Shareholder equity
₹2,400 cr
parent shareholders
Total debt
₹0 cr
Cash
₹80 cr
Cash flow · H1 FY26
Operating
₹275 cr
Investing
₹13 cr
Financing
₹-334 cr
Peer comparison
Internet & Catalogue Retail · by market value
CompanyPriceMarket capP/E
Info Edge (India) Limited₹1,265₹82,025 cr46.0
Indiamart Intermesh Limitedthis company₹1,663₹9,993 cr14.5
Just Dial Limited₹674₹5,732 cr12.4
Crizac Limited₹177₹3,089 cr16.4
Matrimony.Com Limited₹531₹1,098 cr14.4
TCC Concept Limited₹51₹244 cr5.0
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.80%
trailing 12 months
Dividend / share (TTM)
₹30
Last dividend
₹30
ex 19 Jun 2026
ActionDetailEx-date
Dividend₹30 / share19 Jun 2026
Dividend₹30 / share6 Jun 2025
Dividend₹20 / share6 Jun 2025
Dividend₹20 / share7 Jun 2024
BuybackBuy Back25 Aug 2023
Bonus issue1:121 Jun 2023
Who owns it · 2026-06-30
No pledge
Promoter
49.1%
FII / Foreign
19.9%
DII / Domestic
12.1%
Retail / others
18.9%
Promoter stake down 0.1% over the last 12 quarters.
Smart-money activity
Insider trades
SoldMadhup Agrawal · Employees/Designated Employees2,184 · ₹1.9 cr27 Sep 21
SoldDinesh Gulati · Employees/Designated Employees163 · ₹14.2 L24 Sep 21
SoldMadhup Agrawal · Employees/Designated Employees816 · ₹70.7 L24 Sep 21
Bulk / block deals
short · NSE123 Sep 26
short · NSE1525 Aug 26
short · NSE823 Jun 26
Stake changes
BoughtICICI Prudential Mutual Fund→ 5.32% · 1.96 L2 Dec 25
SoldICICI Prudential Mutual Fund→ 3.06% · 12.15 L8 Sep 25
BoughtICICI Prudential Mutual Fund→ 5.08% · 53,68012 Jun 25
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 29 Aug 2025
See the official result
1
To appoint Ms. Vasuta Agarwal (DIN:07480674) as an Independent Director
Backed by 100% of shareholders other than promotersneeded 75%
2.17 cr votes for, 1,631 against · 0% of mutual funds and other big investors said no
2
To approve related party transaction in respect to hold office or place of profit in the Company by Mr. Amit Agarwal
Promoters had a personal stake in this
Backed by 66% of shareholders other than promotersneeded 50%
1.43 cr votes for, 73.74 L against · 38% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 58 named members
owning 49.1% between them · as of 2026-06-30
Dinesh Chandra Agarwal27.98%
Brijesh Kumar Agrawal18.96%
Chetna Agarwal0.50%
Pankaj Agarwal0.49%
Anand Kumar Agrawal0.23%
Meena Agrawal0.23%
Dinesh Chandra Agarwal HUF0.19%
Prakash Chandra Agrawal0.19%
Business done with them
FY2026 · 14 of the group
The company paid ₹164 cr to companies in the promoter group last year — about 10.4% of its ₹1,569 cr revenue.
Dinesh Chandra Agarwal
Other payments to them · Description is mentioned along with relevant line item with foot note
also owns 27.98% of the company
₹93 cr
company paid
Brijesh Kumar Agrawal
Other payments to them · Description is mentioned along with relevant line item with foot note
also owns 18.96% of the company
₹63 cr
company paid
Chetna Agarwal
Other payments to them · Description is mentioned along with relevant line item with foot note
also owns 0.50% of the company
₹2 cr
company paid
Pankaj Agarwal
Other payments to them · Description is mentioned along with relevant line item with foot note
also owns 0.49% of the company
₹1 cr
company paid
Anand Kumar Agrawal
Other payments to them · Description is mentioned along with relevant line item with foot note
also owns 0.23% of the company
₹68.6 L
company paid
MANSA ENTERPRISES PRIVATE LIMITED
Paid them for services · Description is mentioned along with relevant line item with foot note
₹68.5 L
company paid
Meena Agrawal
Other payments to them · Description is mentioned along with relevant line item with foot note
also owns 0.23% of the company
₹68.4 L
company paid
Bharat Agarwal
Other payments to them · Description is mentioned along with relevant line item with foot note
₹66.8 L
company paid
Dinesh Chandra Agarwal HUF
Other payments to them · Description is mentioned along with relevant line item with foot note
also owns 0.19% of the company
₹58.5 L
company paid
Prakash Chandra Agrawal
Other payments to them · Description is mentioned along with relevant line item with foot note
also owns 0.19% of the company
₹58.4 L
company paid
Naresh Chandra Agrawal
Other payments to them · Description is mentioned along with relevant line item with foot note
also owns 0.13% of the company
₹39.4 L
company paid
Amit Agarwal
Other payments to them · Description is mentioned along with relevant line item with foot note
₹34.6 L
company paid
Gunjan Agarwal
Other payments to them · Description is mentioned along with relevant line item with foot note
also owns 0.06% of the company
₹19.5 L
company paid
Anand Kumar Agrawal HUF
Other payments to them · Description is mentioned along with relevant line item with foot note
also owns 0.02% of the company
₹5.9 L
company paid

The company also transacted with 25 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.