IndiaMART InterMESH
Market Cap
₹217.4b
Last Updated
2021/01/19 12:03 UTC
Data Sources
Company Financials +
Executive Summary
IndiaMART InterMESH Limited operates an online B2B marketplace that connects buyers with suppliers in India and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
Similar Companies
Share Price & News
How has IndiaMART InterMESH's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: INDIAMART is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: INDIAMART's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-9.9%
INDIAMART
-2.7%
IN Trade Distributors
-2.2%
IN Market
1 Year Return
253.8%
INDIAMART
117.3%
IN Trade Distributors
15.2%
IN Market
Return vs Industry: INDIAMART exceeded the Indian Trade Distributors industry which returned 117.3% over the past year.
Return vs Market: INDIAMART exceeded the Indian Market which returned 15.2% over the past year.
Shareholder returns
| INDIAMART | Industry | Market | |
|---|---|---|---|
| 7 Day | -9.9% | -2.7% | -2.2% |
| 30 Day | 21.8% | 14.6% | 3.4% |
| 90 Day | 49.7% | 53.5% | 21.5% |
| 1 Year | 255.2%253.8% | 118.5%117.3% | 17.3%15.2% |
| 3 Year | n/a | 106.7%59.9% | 7.2%2.0% |
| 5 Year | n/a | 289.8%216.9% | 78.6%65.0% |
Long-Term Price Volatility Vs. Market
How volatile is IndiaMART InterMESH's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Here's Why I Think IndiaMART InterMESH (NSE:INDIAMART) Might Deserve Your Attention Today3 weeks ago | Simply Wall St
Have IndiaMART InterMESH Limited (NSE:INDIAMART) Insiders Been Selling Their Stock?1 month ago | Simply Wall St
Should You Review Recent Insider Transactions At IndiaMART InterMESH Limited (NSE:INDIAMART)?Valuation
Is IndiaMART InterMESH undervalued compared to its fair value and its price relative to the market?
79.79x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: INDIAMART (₹7404.6) is trading above our estimate of fair value (₹1389.91)
Significantly Below Fair Value: INDIAMART is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: INDIAMART is poor value based on its PE Ratio (79.8x) compared to the IN Trade Distributors industry average (33.2x).
PE vs Market: INDIAMART is poor value based on its PE Ratio (79.8x) compared to the Indian market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: INDIAMART is poor value based on its PEG Ratio (7.2x)
Price to Book Ratio
PB vs Industry: INDIAMART is overvalued based on its PB Ratio (50.7x) compared to the IN Trade Distributors industry average (0.7x).
Next Steps
Future Growth
How is IndiaMART InterMESH forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
11.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INDIAMART's forecast earnings growth (11.1% per year) is above the savings rate (7%).
Earnings vs Market: INDIAMART's earnings (11.1% per year) are forecast to grow slower than the Indian market (25.6% per year).
High Growth Earnings: INDIAMART's earnings are forecast to grow, but not significantly.
Revenue vs Market: INDIAMART's revenue (18.3% per year) is forecast to grow faster than the Indian market (12.2% per year).
High Growth Revenue: INDIAMART's revenue (18.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: INDIAMART's Return on Equity is forecast to be very high in 3 years time (40.7%).
Next Steps
Past Performance
How has IndiaMART InterMESH performed over the past 5 years?
58.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INDIAMART has a large one-off gain of ₹641.6M impacting its December 31 2020 financial results.
Growing Profit Margin: INDIAMART's current net profit margins (39.2%) are higher than last year (21.6%).
Past Earnings Growth Analysis
Earnings Trend: INDIAMART has become profitable over the past 5 years, growing earnings by 58.9% per year.
Accelerating Growth: INDIAMART's earnings growth over the past year (104.2%) exceeds its 5-year average (58.9% per year).
Earnings vs Industry: INDIAMART earnings growth over the past year (104.2%) exceeded the Trade Distributors industry -18.6%.
Return on Equity
High ROE: INDIAMART's Return on Equity (63.6%) is considered outstanding.
Next Steps
Financial Health
How is IndiaMART InterMESH's financial position?
Financial Position Analysis
Short Term Liabilities: INDIAMART's short term assets (₹10.7B) exceed its short term liabilities (₹4.7B).
Long Term Liabilities: INDIAMART's short term assets (₹10.7B) exceed its long term liabilities (₹3.2B).
Debt to Equity History and Analysis
Debt Level: INDIAMART is debt free.
Reducing Debt: INDIAMART currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: INDIAMART has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: INDIAMART has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is IndiaMART InterMESH current dividend yield, its reliability and sustainability?
0.14%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: INDIAMART's dividend (0.14%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.44%).
High Dividend: INDIAMART's dividend (0.14%) is low compared to the top 25% of dividend payers in the Indian market (1.87%).
Stability and Growth of Payments
Stable Dividend: INDIAMART is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: INDIAMART is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: INDIAMART is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of INDIAMART's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
13.5yrs
Average management tenure
CEO
Dinesh Agarwal (51 yo)
21.33yrs
Tenure
₹46,188,924
Compensation
Mr. Dinesh Chandra Agarwal founded IndiaMART InterMESH Limited in 1999 and serves as its Chief Executive Officer, Managing Director and Executive Director since September 13, 1999. He has experience in the...
CEO Compensation Analysis
Compensation vs Market: Dinesh's total compensation ($USD630.99K) is about average for companies of similar size in the Indian market ($USD711.85K).
Compensation vs Earnings: Dinesh's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 21.33yrs | ₹46.19m | 30.81% ₹ 67.0b | |
| Co-Founder & Whole-Time Director | 21.33yrs | ₹33.47m | 21.17% ₹ 46.0b | |
| Chief Financial Officer | 5.75yrs | ₹52.75m | 0.35% ₹ 758.8m | |
| Chief Operating Officer | no data | ₹82.42m | 1.25% ₹ 2.7b | |
| Senior Vice President of Finance and Accounts | no data | ₹20.63m | 0.064% ₹ 138.8m | |
| Senior VP of Legal & Secretarial | no data | ₹10.21m | 0.0029% ₹ 6.2m | |
| Senior Vice President | no data | ₹13.53m | 0.069% ₹ 149.3m | |
| Senior Vice President | no data | ₹10.76m | 0.32% ₹ 697.3m | |
| Senior Vice President | no data | ₹10.60m | 0.094% ₹ 205.2m | |
| Chief Product Officer | 4.33yrs | ₹28.30m | 0.11% ₹ 239.8m | |
| Vice President of Marketing | no data | no data | 0.0088% ₹ 19.0m | |
| Senior Vice President of Brand Solutions Group | no data | no data | no data |
13.5yrs
Average Tenure
45.5yo
Average Age
Experienced Management: INDIAMART's management team is seasoned and experienced (13.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 21.33yrs | ₹46.19m | 30.81% ₹ 67.0b | |
| Co-Founder & Whole-Time Director | 21.33yrs | ₹33.47m | 21.17% ₹ 46.0b | |
| Non-Executive Independent Director | 10yrs | ₹600.00k | 0.020% ₹ 44.2m | |
| Non-Executive Independent Director | 2.75yrs | ₹560.00k | 0.034% ₹ 73.5m | |
| Non-Executive Independent Director | 6yrs | ₹250.00k | no data | |
| Observer | no data | no data | no data | |
| Non-Independent Non-Executive Director | 5.25yrs | ₹680.00k | 0.090% ₹ 195.6m |
8.0yrs
Average Tenure
52.5yo
Average Age
Experienced Board: INDIAMART's board of directors are considered experienced (8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: INDIAMART insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
IndiaMART InterMESH Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: IndiaMART InterMESH Limited
- Ticker: INDIAMART
- Exchange: NSEI
- Founded: 1996
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: ₹217.405b
- Shares outstanding: 29.12m
- Website: https://www.indiamart.com
Number of Employees
Location
- IndiaMART InterMESH Limited
- Assotech Business Cresterra
- 6th Floor, Tower 2
- Noida
- Uttar Pradesh
- 201305
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 542726 | BSE (Mumbai Stock Exchange) | Yes | Equtiy Shares | IN | INR | Jul 2019 |
| INDIAMART | NSEI (National Stock Exchange of India) | Yes | Equtiy Shares | IN | INR | Jul 2019 |
Biography
IndiaMART InterMESH Limited operates an online B2B marketplace that connects buyers with suppliers in India and internationally. Its platform serves small and medium enterprises, large enterprises, and ind...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 12:03 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.