IndiaMART InterMESH Limited

NSEI:INDIAMART Stock Report

Market Cap: ₹146.8b

IndiaMART InterMESH Management

Management criteria checks 2/4

IndiaMART InterMESH's CEO is Dinesh Agarwal, appointed in Sep 1999, has a tenure of 26.17 years. total yearly compensation is ₹74.95M, comprised of 73.7% salary and 26.3% bonuses, including company stock and options. directly owns 29.15% of the company’s shares, worth ₹42.79B. The average tenure of the management team and the board of directors is 1.5 years and 3.1 years respectively.

Key information

Dinesh Agarwal

Chief executive officer

₹74.9m

Total compensation

CEO salary percentage73.68%
CEO tenure26.2yrs
CEO ownership29.1%
Management average tenure1.5yrs
Board average tenure3.1yrs

Recent management updates

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For IndiaMART InterMESH Limited's (NSE:INDIAMART) CEO For Now

Jun 14
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For IndiaMART InterMESH Limited's (NSE:INDIAMART) CEO For Now

Recent updates

Some Investors May Be Worried About IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Oct 16
Some Investors May Be Worried About IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

IndiaMART InterMESH Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Jul 21
IndiaMART InterMESH Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

IndiaMART InterMESH Limited's (NSE:INDIAMART) Business Is Trailing The Market But Its Shares Aren't

Jun 26
IndiaMART InterMESH Limited's (NSE:INDIAMART) Business Is Trailing The Market But Its Shares Aren't

IndiaMART InterMESH (NSE:INDIAMART) Has Announced That It Will Be Increasing Its Dividend To ₹50.00

May 27
IndiaMART InterMESH (NSE:INDIAMART) Has Announced That It Will Be Increasing Its Dividend To ₹50.00

IndiaMART InterMESH (NSE:INDIAMART) Is Paying Out A Larger Dividend Than Last Year

May 13
IndiaMART InterMESH (NSE:INDIAMART) Is Paying Out A Larger Dividend Than Last Year

IndiaMART InterMESH Limited Just Beat EPS By 13%: Here's What Analysts Think Will Happen Next

May 03
IndiaMART InterMESH Limited Just Beat EPS By 13%: Here's What Analysts Think Will Happen Next

Some Confidence Is Lacking In IndiaMART InterMESH Limited's (NSE:INDIAMART) P/E

Mar 19
Some Confidence Is Lacking In IndiaMART InterMESH Limited's (NSE:INDIAMART) P/E
User avatar

Focus On User Experience Will Reduce Churn Among Platinum And Gold Customers

Simplifying the platform to improve user experience may reduce churn and stabilize revenue from high-margin customers.

Returns On Capital Signal Tricky Times Ahead For IndiaMART InterMESH (NSE:INDIAMART)

Jan 11
Returns On Capital Signal Tricky Times Ahead For IndiaMART InterMESH (NSE:INDIAMART)

Investor Optimism Abounds IndiaMART InterMESH Limited (NSE:INDIAMART) But Growth Is Lacking

Nov 11
Investor Optimism Abounds IndiaMART InterMESH Limited (NSE:INDIAMART) But Growth Is Lacking

Does IndiaMART InterMESH (NSE:INDIAMART) Deserve A Spot On Your Watchlist?

Oct 03
Does IndiaMART InterMESH (NSE:INDIAMART) Deserve A Spot On Your Watchlist?

IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital Not Reflecting Well On The Business

Sep 14
IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital Not Reflecting Well On The Business

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For IndiaMART InterMESH Limited's (NSE:INDIAMART) CEO For Now

Jun 14
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For IndiaMART InterMESH Limited's (NSE:INDIAMART) CEO For Now

IndiaMART InterMESH Limited's (NSE:INDIAMART) Share Price Not Quite Adding Up

Apr 26
IndiaMART InterMESH Limited's (NSE:INDIAMART) Share Price Not Quite Adding Up

IndiaMART InterMESH Limited's (NSE:INDIAMART) Business Is Yet to Catch Up With Its Share Price

Jan 19
IndiaMART InterMESH Limited's (NSE:INDIAMART) Business Is Yet to Catch Up With Its Share Price

Investors Could Be Concerned With IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Dec 28
Investors Could Be Concerned With IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Does IndiaMART InterMESH (NSE:INDIAMART) Deserve A Spot On Your Watchlist?

Nov 02
Does IndiaMART InterMESH (NSE:INDIAMART) Deserve A Spot On Your Watchlist?

There Are Reasons To Feel Uneasy About IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Sep 16
There Are Reasons To Feel Uneasy About IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Is IndiaMART InterMESH (NSE:INDIAMART) Using Too Much Debt?

Aug 10
Is IndiaMART InterMESH (NSE:INDIAMART) Using Too Much Debt?

With EPS Growth And More, IndiaMART InterMESH (NSE:INDIAMART) Makes An Interesting Case

Jul 22
With EPS Growth And More, IndiaMART InterMESH (NSE:INDIAMART) Makes An Interesting Case

Some Investors May Be Worried About IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Apr 13
Some Investors May Be Worried About IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Here's Why IndiaMART InterMESH (NSE:INDIAMART) Can Manage Its Debt Responsibly

Mar 02
Here's Why IndiaMART InterMESH (NSE:INDIAMART) Can Manage Its Debt Responsibly

There's Been No Shortage Of Growth Recently For IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Dec 21
There's Been No Shortage Of Growth Recently For IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Is There Now An Opportunity In IndiaMART InterMESH Limited (NSE:INDIAMART)?

Sep 09
Is There Now An Opportunity In IndiaMART InterMESH Limited (NSE:INDIAMART)?

Here's What's Concerning About IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Aug 26
Here's What's Concerning About IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

IndiaMART InterMESH (NSE:INDIAMART) Has A Pretty Healthy Balance Sheet

Jul 30
IndiaMART InterMESH (NSE:INDIAMART) Has A Pretty Healthy Balance Sheet

IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital Not Reflecting Well On The Business

May 26
IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital Not Reflecting Well On The Business

What Is IndiaMART InterMESH Limited's (NSE:INDIAMART) Share Price Doing?

May 06
What Is IndiaMART InterMESH Limited's (NSE:INDIAMART) Share Price Doing?

Is IndiaMART InterMESH (NSE:INDIAMART) Using Too Much Debt?

Mar 30
Is IndiaMART InterMESH (NSE:INDIAMART) Using Too Much Debt?

IndiaMART InterMESH (NSE:INDIAMART) Hasn't Managed To Accelerate Its Returns

Feb 18
IndiaMART InterMESH (NSE:INDIAMART) Hasn't Managed To Accelerate Its Returns

IndiaMART InterMESH Limited's (NSE:INDIAMART) Intrinsic Value Is Potentially 19% Below Its Share Price

Jan 25
IndiaMART InterMESH Limited's (NSE:INDIAMART) Intrinsic Value Is Potentially 19% Below Its Share Price

Is It Too Late To Consider Buying IndiaMART InterMESH Limited (NSE:INDIAMART)?

Dec 15
Is It Too Late To Consider Buying IndiaMART InterMESH Limited (NSE:INDIAMART)?

Capital Allocation Trends At IndiaMART InterMESH (NSE:INDIAMART) Aren't Ideal

Oct 15
Capital Allocation Trends At IndiaMART InterMESH (NSE:INDIAMART) Aren't Ideal

CEO Compensation Analysis

How has Dinesh Agarwal's remuneration changed compared to IndiaMART InterMESH's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

₹5b

Jun 30 2025n/an/a

₹6b

Mar 31 2025₹75m₹55m

₹6b

Dec 31 2024n/an/a

₹5b

Sep 30 2024n/an/a

₹4b

Jun 30 2024n/an/a

₹4b

Mar 31 2024₹69m₹50m

₹3b

Dec 31 2023n/an/a

₹3b

Sep 30 2023n/an/a

₹3b

Jun 30 2023n/an/a

₹3b

Mar 31 2023₹59m₹38m

₹3b

Dec 31 2022n/an/a

₹3b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹3b

Mar 31 2022₹44m₹35m

₹3b

Dec 31 2021n/an/a

₹3b

Sep 30 2021n/an/a

₹3b

Jun 30 2021n/an/a

₹3b

Mar 31 2021₹42m₹27m

₹3b

Dec 31 2020n/an/a

₹3b

Sep 30 2020n/an/a

₹3b

Jun 30 2020n/an/a

₹2b

Mar 31 2020₹46m₹28m

₹1b

Dec 31 2019n/an/a

₹1b

Sep 30 2019n/an/a

₹970m

Jun 30 2019n/an/a

₹1b

Mar 31 2019₹41m₹40m

₹200m

Compensation vs Market: Dinesh's total compensation ($USD847.10K) is above average for companies of similar size in the Indian market ($USD550.02K).

Compensation vs Earnings: Dinesh's compensation has been consistent with company performance over the past year.

CEO

Dinesh Agarwal (56 yo)

26.2yrs
Tenure
₹74,945,124
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...

Leadership Team

NamePositionTenureCompensationOwnership
Dinesh Agarwal
Founder26.2yrs₹74.95m29.15%
₹ 42.8b
Brijesh Agrawal
Co-Founder & Whole-Time Director29.8yrs₹54.51m20.03%
₹ 29.4b
Jitin Diwan
Chief Financial Officer1.4yrs₹14.32mno data
Manoj Bhargava
Group General Counsel7.4yrs₹15.96m0.0093%
₹ 13.6m
Prateek Chandra
Chief Strategy Officer1.4yrs₹7.60mno data
Dinesh Gulati
Chief Operating Officerno data₹51.38m1.01%
₹ 1.5b
Sudhir Gupta
Senior Vice President of Finance & Accountsno data₹18.22mno data
Nikhil Prabhakar
Senior VP & Chief Information Officer1.6yrs₹9.72mno data
Kushal Maheshwari
Head of Treasury & Investor Relationsno datano datano data
Vasudha Bagri
Compliance Officerless than a yearno datano data
Saurabh Singla
Chief Human Resources Officer1yrno datano data
Vikas Aggarwal
National Head of Client Servicing Divisionno datano datano data
1.5yrs
Average Tenure
49yo
Average Age

Experienced Management: INDIAMART's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Dinesh Agarwal
Founder26.2yrs₹74.95m29.15%
₹ 42.8b
Brijesh Agrawal
Co-Founder & Whole-Time Director26.2yrs₹54.51m20.03%
₹ 29.4b
Manoj Bhargava
Group General Counselless than a year₹15.96m0.0093%
₹ 13.6m
Vivek Gour
Non-Executive Independent Director7.6yrs₹2.00m0.0033%
₹ 4.9m
Manish Vij
Non-Executive Independent Directorless than a year₹100.00kno data
Amit Behl
Observerno datano datano data
Dhruv Prakash
Non-Independent Non-Executive Director10.1yrs₹4.90m0.034%
₹ 49.9m
Pallavi Gupta
Lead Independent Director3.1yrs₹1.70m0.00042%
₹ 616.6k
Vasuta Agarwal
Independent Directorless than a yearno datano data
Sandeep Barasia
Independent Directorless than a yearno datano data
3.1yrs
Average Tenure
51yo
Average Age

Experienced Board: INDIAMART's board of directors are considered experienced (3.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/19 11:28
End of Day Share Price 2025/11/19 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

IndiaMART InterMESH Limited is covered by 44 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vivekanand SubbaramanAmbit Capital
Nitin BhasinAmbit Capital
Shobit SinghalAnand Rathi Shares and Stock Brokers Limited