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    Indiamart Intermesh Limited

    India's largest online B2B marketplace connecting buyers and suppliers across 98,000+ product categories.

    Consumer Services
    Consumer Discretionary
    View INDIAMART earnings calls
    ₹1,910.1
    -3.98% from avg

    Overview

    Price

    ₹1,910.1

    Market Cap

    ₹10.6k Cr

    Sector

    Consumer Services

    Consumer Discretionary

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital2930313160606060
    Reserves2461.6k1.9k2.0k1.7k2.2k2.1k2.5k
    Borrowings7763564641332823
    Other Liabilities7688351.0k1.3k1.6k1.8k2.0k2.0k
    Total Liabilities1.1k2.5k3.0k3.4k3.4k4.1k4.1k4.6k
    AssetsFixed Assets85655653473350721
    CWIP00000000
    Investments9062.3k2.7k3.2k3.2k3.9k3.4k4.3k
    Other Assets12718416383120112216255
    Total Assets1.1k2.5k3.0k3.4k3.4k4.1k4.1k4.6k

    Valuation

    Assumptions

    Current — INDIAMART
    Price
    ₹1,910
    EPS (TTM)
    ₹89.07
    PE (TTM)
    21.4
    Profit growth
    21.1%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (34.8×) and current (21.4×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹1,910
    vs
    Fair value · 15% return
    ₹2,204
    15%Undervalued

    At 21.1% growth and a 21× exit, ₹1910 only delivers your return if you pay ₹2,204. The price is currently baking in 18% growth.

    EPS grows 21.1%/yr for 5 years, then fades to 6% over 2, exits at 21×.

    YearGrowthEPS (₹)
    FY2721.1%107.86
    FY2821.1%130.62
    FY2921.1%158.18
    FY3021.1%191.56
    FY3121.1%231.98
    FY3213.6% ·fade263.41
    FY336.0% ·fade279.22

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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