Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call

IndiaMART InterMESH Earnings Call: Key Takeaways

Indiamart delivered modest 12% revenue growth while aggressively experimenting with buyer-side advertising to counter stagnant paying supplier growth and high churn in lower-tier segments.

Highlights
Revenue growth12% YoY revenue growth; collections up 17% reported, 13% normalized.
MarginsEBITDA margin at 39% currently; long-term target remains 33-35%.
Order bookDeferred revenue stood at ₹1,735 crore, up 18% YoY.
Demand visibilityStrong unique inquiries growth of 17% suggests resilient buyer intent.
Management confidenceCautiously optimistic; focusing on product fixes over aggressive sales expansion.

Growth

Revenue grew 12% YoY to ₹372cr; collections grew 17% to ₹430cr, though normalized growth was lower at 13%.

Outlook

Management maintains 33-35% sustainable EBITDA margin guidance despite increased digital marketing investments.

Risks

High churn remains in monthly (7%) and annual (4%) silver tiers; buyer-side ad spends could erode margins.

Source

Earnings Call filed with NSE, NSE: INDIAMART. Summary written with AI assistance from the document.

Read the document ↗

IndiaMART InterMESH Ltd: key numbers

Share price
₹1,642.10
Market cap
₹9,876 Cr
Revenue (annual)
₹1,569 Cr
Net profit (annual)
₹474.7 Cr
P/E (TTM)
20.0×Sector 67.6×
Promoter holding
49.07%-0.05% QoQ
FII holding
19.92%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from IndiaMART InterMESH Ltd

All →