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On 6 Nov 2026, Indiamart Intermesh was priced at ₹1,547.10, or 18.6× trailing earnings, against an industry P/E of 16.3×, and the shares are 39% below their 52-week high. Sales and net profit grew 17% and 19% a year over 3 years; its ROCE of 20% is the second-highest among the 7 largest Internet Retail peers. It carries very little debt, and its dividend yield is 1.9%. It is a small-cap company with a market cap of ₹9,304 Cr, ranked 5th of 13 Internet Retail companies by market cap; the shares fell 36% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹1,571.80
Day high
₹1,579.70
Day low
₹1,541.00
Prev. close
₹1,576.30
Volume
56.4K

Health check

1 good · 3 fair · 2 to check
  • ReturnsIn line

    −36.1% over a year, better than 3 of 7 peers.

  • Price tagIn line

    P/E 18.6 vs industry 16.3.

  • GrowthSlow

    Sales +16.8%, profit +18.7% a year over 3 years.

  • ProfitabilityAverage

    ROCE 20.0% vs peer median -11.6%.

  • Balance sheetSolid

    Practically debt-free, Piotroski 6 of 9.

  • Red flags1 to check

    39% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Internet Retail

12 listed peers. Screen the industry

Small cap

₹9,304 Cr, #5 of 13 in its industry by size.

Defensive

Beta 0.33 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹1,649 Cr · profit ₹501 Cr
Market cap
₹9,304 Cr
Small cap
P/E
18.6
Industry 16.3
Price to book
4.02
Peers 4.46
Dividend yield
1.94%
ROE
22.5%
Peers −17.1%
ROCE
20.0%
Peers −11.6%
Debt to equity
0.01
Debt ₹20 Cr
EPS (TTM)
₹83.17
Face value ₹10
OPM (TTM)
32.0%
Net margin 30.4%
Sales growth
+9.6%
Latest quarter vs a year ago
Profit growth
+9.8%
Latest quarter vs a year ago
Price to sales
5.64
EV/EBITDA 11.2

Strengths and risks

Strengths

  • Return on equity of 22.5%.
  • Practically debt-free.
  • Net margin of 30.4%.
  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • 39% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Indiamart Intermesh

IndiaMART InterMESH Limited operates an online business-to-business (B2B) marketplace for business products and services in India and internationally. The company provides an online marketplace that enables listings and discovery of businesses, products, and services; buyer-supplier matchmaking; product search and discovery; request for quotation and BuyLead services; CRM Lead Manager; web storefront solutions; cloud telephony and Premium Number Service…

Headquarters
Noida
Sector
Consumer Cyclical
ISIN
INE933S01016

Price range

52 weeks

₹1,465.40₹2,525.90

Today

₹1,541.00₹1,579.70
Avg volume (3M)
95.7K
1-year return
minus 36.1%
From 52-week high
minus 38.8%

Analyst consensus

18 analysts
BuyMean target ₹1,939.00 plus 25.3%

Target range, with today’s price

Low ₹1,500.00High ₹2,637.00

Next results expected around 19 Jan 2027

Consensus from Yahoo Finance. Not a recommendation.

Peers · Internet Retail

Company
ETERNALEternal363.15plus 1.35%3,34,562685.210.372.9%1.6%2.8%97.7%–0.00%plus 14.3%
MEESHOMeesho233.48minus 0.02%1,08,125–26.26−27.0%−36.5%−8.4%30.1%–0.00%plus 37.3%
NYKAAFSN E-Commerce Ventures353.00plus 0.77%1,01,158315.261.4324.0%20.8%8.4%24.7%117.9%0.00%plus 39.7%
SWIGGYSwiggy191.17plus 0.88%50,141–3.01−19.4%−26.7%−10.8%41.0%–0.00%minus 54.2%
INDIAMARTIndiamart Intermesh1,547.10minus 1.85%9,30418.64.0220.0%22.5%32.0%16.8%18.7%1.94%minus 36.1%
FIRSTCRYBrainbees Solutions159.61minus 2.40%7,754–1.59−0.2%−2.9%3.3%16.4%–0.00%minus 53.1%
RTNINDIARattanIndia Enterprises25.12minus 1.87%3,469–4.46−11.6%−31.3%−0.5%22.1%–0.00%minus 50.5%
ACEVECTORAceVector18.81minus 5.10%1,024–2.74−12.0%−17.1%−9.9%−23.7%–0.00%minus 27.9%
Median of 7 peers–−0.02%50,141500.24.46−11.6%−17.1%−0.5%24.7%117.9%0.00%−27.9%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26Sep 26
372–402404414429
235–267318266269
13812713486148159
37.0%–33.4%21.3%35.7%37.2%
−13.2–−11.90−11.2−22.9
1–0.70.60.60.5
6.97.27.376.46.4
87.6–133–102–
204–24778.4232129
24.7%–23.8%36.0%25.7%29.8%
154–18850.217290.8
25.52–31.248.3328.5615.05

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+16.8%
Profit CAGR 3Y
+18.7%
EPS CAGR 3Y
+19.4%
ROE
22.5%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
9851,1971,3881,569
–+21.5%+16.0%+13.0%
7178658631,035
268332525534
27.2%27.7%37.8%34.0%
−33.3−37.2−46.1−45.4
8.28.97.43
31.136.532.928.4
175205267191
371454706648
23.6%26.5%22.0%26.7%
284334551475
–+17.7%+64.9%minus 13.8%
46.3255.0491.5978.77

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
30.659.96060.1
2,0281,6762,1252,340
45.940.73323.1
1,3401,6721,9152,201
3,4453,4494,1344,625
54.348.833.321.6
0.20.80.10.1
237276422568
2,3352,3342,8853,120
818789794915
3,4453,4494,1344,625

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
476559623694
−324162−486−347
−143−695−148−340
8.626.7−11.36.9
−17.2−14.7−7.9−7
459544615687
−6.1−61.1−120−300

Shareholding pattern

Source: NSE filings
49.1%
promoters
  • Promoters49.07%
  • Public50.92%
  • Employee trusts0.01%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202649.07%50.92%0.00
30 Jun 202649.07%50.91%minus 0.05
31 Mar 202649.12%50.87%0.00
31 Dec 202549.12%50.83%minus 0.05
30 Sep 202549.17%50.81%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you