Stock Analysis
- India
- /
- Trade Distributors
- /
- NSEI:INDIAMART
IndiaMART InterMESH Full Year 2024 Earnings: EPS Beats Expectations
IndiaMART InterMESH (NSE:INDIAMART) Full Year 2024 Results
Key Financial Results
- Revenue: ₹14.1b (up 43% from FY 2023).
- Net income: ₹3.34b (up 18% from FY 2023).
- Profit margin: 24% (down from 29% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: ₹55.18 (up from ₹46.48 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
IndiaMART InterMESH EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%.
Looking ahead, revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Trade Distributors industry in Asia.
Performance of the market in India.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with IndiaMART InterMESH, and understanding it should be part of your investment process.
Valuation is complex, but we're helping make it simple.
Find out whether IndiaMART InterMESH is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About NSEI:INDIAMART
IndiaMART InterMESH
Operates an online business-to-business marketplace for business products and services in India and internationally.
Flawless balance sheet with moderate growth potential.