Indiamart Intermesh Ltd
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]
- Market Cap ₹ 13,576 Cr.
- Current Price ₹ 4,434
- High / Low ₹ 5,382 / 3,676
- Stock P/E 47.6
- Book Value ₹ 614
- Dividend Yield 0.05 %
- ROCE 21.9 %
- ROE 17.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 45.9% CAGR over last 5 years
Cons
- Stock is trading at 7.23 times its book value
- Earnings include an other income of Rs.179 Cr.
- Promoter holding has decreased over last 3 years: -3.20%
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|
176 | 254 | 318 | 411 | 507 | 639 | 670 | 753 | 918 | |
228 | 373 | 391 | 487 | 490 | 472 | 344 | 458 | 692 | |
Operating Profit | -52 | -119 | -74 | -76 | 17 | 167 | 326 | 296 | 226 |
OPM % | -29% | -47% | -23% | -19% | 3% | 26% | 49% | 39% | 25% |
23 | 8 | 14 | 19 | 41 | 69 | 87 | 112 | 179 | |
Interest | 0 | 1 | 0 | 0 | 0 | 3 | 7 | 5 | 7 |
Depreciation | 3 | 4 | 5 | 3 | 4 | 21 | 16 | 12 | 25 |
Profit before tax | -32 | -115 | -64 | -60 | 54 | 211 | 389 | 390 | 372 |
Tax % | -0% | -0% | -0% | 191% | 63% | 30% | 28% | 24% | |
Net Profit | -32 | -116 | -64 | 55 | 20 | 147 | 280 | 298 | 285 |
EPS in Rs | -34.78 | -126.42 | -70.18 | 54.89 | 7.01 | 50.96 | 92.14 | 97.37 | 93.22 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 20% | 16% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 14% |
TTM: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 46% |
3 Years: | 146% |
TTM: | -4% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 24% |
1 Year: | -8% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 25% |
Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|
58 | 75 | 9 | 10 | 29 | 29 | 30 | 31 | 31 | |
Reserves | -152 | -153 | -399 | -331 | 131 | 246 | 1,581 | 1,844 | 1,848 |
0 | 0 | 0 | 0 | 0 | 77 | 63 | 56 | 52 | |
245 | 334 | 611 | 864 | 661 | 771 | 837 | 1,019 | 1,115 | |
Total Liabilities | 102 | 191 | 221 | 543 | 821 | 1,123 | 2,511 | 2,949 | 3,046 |
6 | 10 | 9 | 8 | 9 | 86 | 65 | 56 | 567 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 60 | 125 | 136 | 311 | 607 | 901 | 2,254 | 2,722 | 2,365 |
36 | 56 | 76 | 223 | 204 | 136 | 192 | 171 | 114 | |
Total Assets | 102 | 191 | 221 | 543 | 821 | 1,123 | 2,511 | 2,949 | 3,046 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|
7 | -55 | -1 | 179 | 255 | 261 | 322 | 402 | |
-4 | -75 | -8 | -165 | -276 | -233 | -1,338 | -335 | |
-0 | 133 | 7 | 15 | 14 | -51 | 1,038 | -58 | |
Net Cash Flow | 3 | 2 | -1 | 29 | -7 | -23 | 23 | 9 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 1 | 0 | 1 | 1 | 0 | 1 | 1 | 1 |
Inventory Days | ||||||||
Days Payable | ||||||||
Cash Conversion Cycle | 1 | 0 | 1 | 1 | 0 | 1 | 1 | 1 |
Working Capital Days | -272 | -241 | -243 | -260 | -277 | -258 | -240 | -284 |
ROCE % | 84% | 39% | 22% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1h - Accordance with Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015, please find attached the schedule of analyst/ institutional investor meet/call. During …
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
23 Jan - The Transcript of Earnings Conference Call for Analysts and Investors held on January 20, 2023, with respect to the financial performance of the Company for …
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
21 Jan - The audio and video recording of Earnings Conference Call for Analysts and Investors held on January 20, 2023, with respect to the financial performance of …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
20 Jan - Copy of the advertisements published in the following newspapers on January 20, 2023 with respect to Audited Consolidated Financial Results for the quarter ended December …
- Audited (Standalone And Consolidated) Financial Statements For The Period Ended December 31, 2022 19 Jan
Annual reports
Concalls
-
Jan 2023Transcript PPT
-
Oct 2022Transcript PPT
-
Jul 2022Transcript PPT
-
May 2022Transcript PPT
-
Jan 2022Transcript PPT
-
Oct 2021Transcript PPT
-
Jul 2021Transcript PPT
-
Apr 2021Transcript PPT
-
Jan 2021Transcript PPT
-
Nov 2020Transcript PPT
-
Jul 2020Transcript PPT
-
May 2020Transcript PPT
-
Feb 2020Transcript PPT
-
Dec 2019TranscriptPPT
-
Oct 2019TranscriptPPT
-
Jul 2019Transcript PPT
Pan India presence
The company has been diversifying its presence and now the Metro cities accounts for only 33% of buyers, tier-2 cities accounts for 26% & rest of India accounts for 41%. [1] The diversified presence helps to minimize the impact of region-specific risks on its business.
It has a nationwide coverage with 85 office branches and a sales & service staff of ~4,000 employees. [2]