| Revenue growth | Revenue grew 12% YoY; collections up 17% to ₹430cr. |
|---|---|
| Margins | EBITDA margin steady at 39%; sustainable target is 30-33%. |
| Order book | Deferred revenue grew 18% YoY to ₹1,735cr. |
| Demand visibility | Strong unique business inquiries growth of 17% YoY. |
| Management confidence | Balanced but cautious regarding subscriber churn and ad-spend ROI. |
Growth
Consolidated revenue grew 12% YoY to ₹372cr; Busy Infotech showed 64% normalized billing growth.
Outlook
Management maintains a 30-33% sustainable EBITDA margin guidance despite increased ad spend of ₹10cr/quarter.
Risks
Persistent high churn in monthly silver subscribers and transition to paid advertising suggest organic growth saturation.
Earnings Call filed with NSE, NSE: INDIAMART. Summary written with AI assistance from the document.
IndiaMART InterMESH Ltd: key numbers
- Share price
- ₹1,592.90
- Market cap
- ₹9,580 Cr
- Revenue (annual)
- ₹1,569 Cr
- Net profit (annual)
- ₹474.7 Cr
- P/E (TTM)
- 19.4×Sector 66.8×
- 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.
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IndiaMART InterMESH Earnings Call Transcript: Key Takeaways
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