| Management target | Revenue 30.0% FY27-FY32 |
|---|
| Revenue growth | 11% YoY growth to ₹414 Cr; Busy Infotech up 47%. |
|---|---|
| Margins | EBITDA margin at 35%, sustained by operating leverage and savings. |
| Order book | Deferred revenue at ₹2,014 Cr, up 16% YoY. |
| Demand visibility | Flat unique business inquiries (26M) suggest plateauing top-of-funnel demand. |
| Management confidence | Balanced, but defensive regarding stagnant buyer inquiry metrics and churn. |
Growth
Revenue grew 11% YoY to ₹414 Cr; deferred revenue increased 16% to ₹2,014 Cr.
Outlook
Busy Infotech targets 30% normalized growth; ₹3,553 Cr cash balance supports strategic investments.
Risks
Stagnant business inquiries at 26-27M and churn at silver subscriber levels indicate volume growth hurdles.
Earnings Call Transcript 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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- Call
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