INDIAMART

What Indiamart Intermesh promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 9 tracked 2 delivered 4 missed 3 open
  • Sustainable EBITDA Margin delivered said Q2 FY25 Promised: 33% (+/- 1%), later refined to 33-35% Q1 FY27: Reported 35% EBITDA margin, at the top end of the guided range, citing savings from lower customer acquisition and operating leverage.
  • Timeline to Fix Silver-Tier Churn missed said Q3 FY25 Promised: 1-2 quarters for a 'really good news about the churn' Q1 FY27: Continued to miss, with a net decline of 1,850 suppliers due to elevated churn. Management now asks for another '2-3 quarters' to see impact from new strategies, further delaying the fix.
  • BUSY CAGR Growth Rate open said Q1 FY27 Promised: 27-30% CAGR over the next couple of years Q1 FY27: Guided a 27-30% CAGR for BUSY over the next couple of years, while also stating an ambition for 35-40%.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 9 tracked commitments for Indiamart Intermesh — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens