Indiamart Intermesh share price
NSE: INDIAMARTBSE: 542726RetailingSmall Cap
Share price at the NSE close on 29 Oct 2026. Previous close ₹1,572.70.
29 Oct: open ₹1,554.10, high ₹1,578.20, low ₹1,534.50
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹9,287 Cr487th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 18.52
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 4.01
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 3.89%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 22.5%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 23.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 75,32556.6% delivered
About Indiamart Intermesh
IndiaMART InterMESH Limited runs IndiaMART, an online business-to-business marketplace where businesses across India find suppliers of goods and services and contact them.12 Buyers use it free and most suppliers join free, while the company earns mainly from subscriptions that suppliers buy for more visibility and buyer enquiries.34 It serves businesses, especially micro, small and medium enterprises (MSMEs).1
Suppliers choose Silver, Gold or Platinum packages that bundle a web storefront, buyers' requests for quotation (RFQs, called BuyLeads), a cloud telephony number and a lead manager.35 Its wholly owned subsidiaries offer accounting software under the BUSY brand, for desktop, cloud and mobile, and the Livekeeping brand, which gives users of Tally accounting software mobile and web access to their data.67
It was incorporated in 1999.8 The business began in 1996 as an online directory.9 It bought Busy Infotech in April 2022 and took full ownership of Livekeeping in the year to Mar 2026.76 Its shares have been listed on BSE and NSE since July 2019.10
Founder Dinesh Chandra Agarwal, the managing director and chief executive, and co-founder Brijesh Kumar Agrawal, a whole-time director, are its promoters.1112 The promoter group held 49.17% of the shares at the end of March 2026.13
Indiamart Intermesh key points
Results
- In the quarter to Sep 2026, consolidated revenue from operations was ₹429 crore, up 10% from a year earlier; EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹159 crore, a 37% margin, and net profit was ₹91 crore, up 10%.14
- Consolidated deferred revenue, subscription fees collected but not yet counted as revenue, was ₹2,029 crore at the end of September 2026, up 16% from a year earlier; collections from customers in the quarter were ₹443 crore, up 9%.15
- In the year to Mar 2026, consolidated revenue from operations was ₹15,690.42 million, against ₹13,883.44 million a year earlier, and consolidated profit for the year was ₹4,746.82 million, against ₹5,506.98 million.16
- In the year to Mar 2026, consolidated other income was ₹2,041.03 million, against ₹2,724.18 million a year earlier; cash and treasury investments stood at ₹32,802 million at the end of March 2026.1718
Business segments
- IndiaMART marketplace (standalone). In the quarter to Sep 2026, the IndiaMART marketplace business on its own had revenue of ₹389 crore, up 8%, and EBITDA of ₹156 crore, a 40% margin. It brings about 90% of group revenue.1920
- Busy Infotech (accounting software). In the quarter to Sep 2026, Busy Infotech's revenue from operations was ₹37 crore, up 27% from a year earlier, and its billing (amounts invoiced to customers) was ₹46 crore, up 20%.21
- Busy Infotech's revenue grew 81% to ₹1,191 million in the year to Mar 2026, when it sold 45K new software licences.22
Suppliers and buyers
- IndiaMART had 217K paying suppliers and 8.9 million supplier storefronts at the end of September 2026; the number of paying suppliers fell by 615 in the quarter.2324
- In the quarter to Sep 2026, the top 10% of paying suppliers, about 22K, brought 51% of IndiaMART's revenue and the top 1%, about 2K, brought 16%; annualised revenue per paying supplier was ₹72K.25
- On its earnings call of 21 Jul 2026, the company said its Platinum and Gold subscribers made up about 50% of its customer base and brought more than 75% of its revenue.26
- In the quarter to Sep 2026, IndiaMART had 27 million business enquiries, counting each buyer once a day; 40 million buyers were active over the last 12 months, and 135 million products were listed.232427
Where it operates
- In the year to Mar 2026, ₹15,634.80 million of consolidated revenue came from customers in India and ₹55.62 million from customers outside India.28
- About 48% of IndiaMART's buyers were from small cities at the end of March 2026.29
- In the year to Mar 2026, IndiaMART had 5,376 sales and service staff and nearly 100 channel partner locations, serving customers in over 1,000 cities across India.30
Stakes in other companies
- The company has invested about ₹730 crore in accounting software businesses, including ₹509 crore in Busy Infotech and ₹103 crore in Livekeeping Technologies, both wholly owned.313233
- Stakes in associate companies (firms it partly owns) at the end of March 2026, counting shares that convertible securities would add3435
Item Mar 2026 SuperProcure (Truckhall), transport management software 34.46% Bizom (Mobisy Technologies), retail sales software 32.53% Vyapar (Simply Vyapar Apps) 28.59% Realbooks (Adansa Solutions) 26.01% - In the year to Mar 2026, the group's share of losses in associate companies was ₹547.72 million, against ₹490.51 million a year earlier.36
What the company expects
- On its earnings call of 21 Jul 2026, the company said it expects Busy Infotech's annual revenue growth to be closer to 27% to 30% over the next couple of years, and wants licence sales to grow about 15% to 20% near term.3738
- On its earnings call of 21 Jul 2026, the company said IndiaMART Finance Limited would work with partner lenders on short-term transaction financing, and that it has no plans to lend any large amount from its own balance sheet.39
Recent events
- IndiaMART Finance Limited, a wholly owned subsidiary, was incorporated on 4 Aug 2026.40
- On 27 Jul 2026, the company agreed to subscribe to 4,630 compulsorily convertible preference shares of Fleetx Technologies, a fleet and logistics software platform, which would take its stake to 25.80% on completion, counting all convertible shares as converted.414243
- On 30 Apr 2026, the board recommended a final dividend of ₹30 and a special dividend of ₹30 per share for the year to Mar 2026, ₹60 per share in all.44
Litigation and regulatory matters
- Noida's Central GST Commissionerate demanded ₹101.90 million plus a 100% penalty, disputing input tax credit (credit for tax paid on purchases). An appeal was dismissed on 2 Apr 2026; its annual report said the company was filing a further appeal and had made no provision.45
Last updated
All 45 sources, each with its page
- 1. Annual report, 2 Jun 2026, page 15
- 2. Annual report, 2 Jun 2026, page 54
- 3. Annual report, 2 Jun 2026, page 55
- 4. Earnings call, 21 Jul 2026, page 16
- 5. Investor presentation, 27 Oct 2026, page 13
- 6. Annual report, 2 Jun 2026, page 59
- 7. Annual report, 2 Jun 2026, page 57
- 8. Annual report, 2 Jun 2026, page 3
- 9. Annual report, 2 Jun 2026, page 18
- 10. Annual report, 2 Jun 2026, page 62
- 11. Investor presentation, 27 Oct 2026, page 61
- 12. Annual report, 2 Jun 2026, page 99
- 13. Annual report, 2 Jun 2026, page 78
- 14. Investor presentation, 27 Oct 2026, page 6
- 15. Investor presentation, 27 Oct 2026, page 6
- 16. Annual report, 2 Jun 2026, page 58
- 17. Annual report, 2 Jun 2026, page 58
- 18. Annual report, 2 Jun 2026, page 57
- 19. Investor presentation, 27 Oct 2026, page 7
- 20. Investor presentation, 27 Oct 2026, page 41
- 21. Investor presentation, 27 Oct 2026, page 9
- 22. Annual report, 2 Jun 2026, page 57
- 23. Investor presentation, 27 Oct 2026, page 22
- 24. Investor presentation, 27 Oct 2026, page 8
- 25. Investor presentation, 27 Oct 2026, page 24
- 26. Earnings call, 21 Jul 2026, page 4
- 27. Investor presentation, 27 Oct 2026, page 68
- 28. Annual report, 2 Jun 2026, page 172
- 29. Investor presentation, 27 Oct 2026, page 55
- 30. Annual report, 2 Jun 2026, page 56
- 31. Investor presentation, 27 Oct 2026, page 29
- 32. Investor presentation, 27 Oct 2026, page 49
- 33. Investor presentation, 27 Oct 2026, page 53
- 34. Annual report, 2 Jun 2026, page 59
- 35. Annual report, 2 Jun 2026, page 60
- 36. Annual report, 2 Jun 2026, page 58
- 37. Earnings call, 21 Jul 2026, page 17
- 38. Earnings call, 21 Jul 2026, page 18
- 39. Earnings call, 21 Jul 2026, page 6
- 40. Exchange filing, 4 Aug 2026, page 1
- 41. Exchange filing, 27 Jul 2026, page 1
- 42. Exchange filing, 27 Jul 2026, page 3
- 43. Exchange filing, 27 Jul 2026, page 2
- 44. Annual report, 2 Jun 2026, page 57
- 45. Annual report, 2 Jun 2026, page 136
Results
Consolidated; ₹ crore.Indiamart Intermesh quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +12.0%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −6.7%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹429 Crup 3.43%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹91 Crdown 47.27%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 21.2%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 354 | 355 | 372 | 391 | 402 | 404 | 414 | 429 |
| Net profit | 121 | 181 | 154 | 83 | 188 | 50 | 172 | 91 |
| Net margin | 34.2% | 50.9% | 41.3% | 21.2% | 46.9% | 12.4% | 41.6% | 21.2% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,569 Crup 13.01%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹475 Crdown 13.80%
- Net margin
- 30.3%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 639 | 670 | 754 | 985 | 1,197 | 1,388 | 1,569 |
| Net profit | 147 | 280 | 298 | 284 | 334 | 551 | 475 |
| Net margin | 23.1% | 41.8% | 39.5% | 28.8% | 27.9% | 39.7% | 30.3% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Web and related servicesWeb and related services, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,443 Crup 9.29%92.0%
- Accounting Software servicesAccounting Software services, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹126 Crup 84.90%8.0%
Valuation
Today, against the company's own history.Indiamart Intermesh PE ratio and valuation
At or below today's level on 0.1% of 1,239 trading days over the last 5 years.
At or below today's level on 1% of 1,741 trading days since Oct 2019.
At or below today's level on 100% of 1,761 trading days since Aug 2019.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −1.0% | −13.9% | +11.5% | 3.0% |
| 3 years | −5.4% | +19.4% | −22.5% | 2.1% |
| 5 years | −11.2% | +11.5% | −21.5% | 1.3% |
Mutual fund holdings
76 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 53 of the 60 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 76 funds holding Indiamart Intermesh
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 2
- AddedAdded. Funds that held more shares than at the end of the month before.
- 24
- CutCut. Funds that held fewer shares than at the end of the month before.
- 36
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 14
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 1
| Fund | |||
|---|---|---|---|
| 9,38,423 | 1.22% | ₹152.9 Cr | |
| 7,84,383 | 0.15% | ₹127.8 Cr | |
| 7,23,058 | 0.37% | ₹117.8 Cr | |
| 5,00,000 | 0.38% | ₹81.5 Cr | |
| 3,26,572 | 0.59% | ₹53.2 Cr | |
| 2,39,633 | 0.62% | ₹39.0 Cr | |
| 2,28,296 | 0.25% | ₹37.2 Cr | |
| 1,84,059 | 1.17% | ₹30.0 Cr | |
| 1,51,187 | 0.76% | ₹24.6 Cr | |
| 1,16,520 | 0.53% | ₹19.0 Cr |
Promoter and insider buying and selling
Trades made since 30 Oct 2025.Indiamart Intermesh insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade · 2 pledge filings of unclear kind
Indiamart Intermesh competitors and peers
Internet & Catalogue Retail, 9 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Indiamart Intermesh in market cap. 1 company in the table last traded before then: its row is priced on its last trade.Consumer services companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 76,060 | 43.14 | 1.65 | +13.2% | +33.7% | 3.7% | 2.4% | 0.72% | |
| 5,769 | 11.73 | 1.07 | +9.0% | −13.4% | 9.6% | 6.0% | 0.00% | |
| 2,511 | 11.39 | 4.30 | – | – | 37.7% | 44.1% | 5.57% | |
| 1,108 | 24.71 | 5.37 | +5.5% | +12.9% | 20.0% | 18.7% | 0.93% | |
| 1,002 | 15.21 | 0.61 | +205.3% | – | 5.6% | 3.4% | 0.00% | |
| 35 | – | 1.35 | −49.0% | −171.8% | −5.6% | −8.7% | 0.00% | |
| 15 | 7.32 | 0.27 | +20.2% | +44.4% | 3.7% | 6.4% | 0.00% | |
| 1 | – | – | – | – | – | – | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Indiamart Intermesh dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 19 Jun 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹30.00 |
| 19 Jun 2026 | Special | ₹30.00 |
| 6 Jun 2025 | Final | ₹30.00 |
| 6 Jun 2025 | Special | ₹20.00 |
| 7 Jun 2024 | Final | ₹20.00 |
| 11 May 2023 | Final | ₹20.00 |
Latest announcements
Routine notices left out.Indiamart Intermesh announcements
Oct 2026
27 Oct · Results
Indiamart Intermesh share price by year
Each calendar year to 2025.Indiamart Intermesh share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 2,223.50 | −1.1% | 2,741.60 | 1,925.65 |
| 2024 | 2,248.80 | −17.4% | 3,152.45 | 2,231.50 |
| 2023 | 2,721.90 | +26.0% | 3,267.95 | 2,163.68 |
| 2022 | 2,159.75 | −33.3% | 3,425.13 | 1,854.83 |
| 2021 | 3,238.20 | +1.1% | 4,890.45 | 3,153.50 |
| 2020 | 3,203.60 | +210.1% | 3,203.60 | 872.00 |
| 2019 | 1,032.98 | – | 1,132.03 | 566.30 |
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 1,645.20 | 1,652.00 | 1,565.50 | 1,572.70 | 1,596.55 | 1,18,584 | 46.7% |
| 27 Oct 2026 | 1,575.90 | 1,651.00 | 1,568.50 | 1,627.80 | 1,624.90 | 2,02,015 | 47.0% |
| 26 Oct 2026 | 1,579.10 | 1,589.00 | 1,553.80 | 1,562.00 | 1,566.92 | 22,422 | 48.6% |
| 23 Oct 2026 | 1,569.30 | 1,601.70 | 1,540.00 | 1,572.80 | 1,563.26 | 64,169 | 50.5% |
| 22 Oct 2026 | 1,590.00 | 1,595.50 | 1,552.20 | 1,580.20 | 1,576.70 | 48,603 | 49.5% |
| 21 Oct 2026 | 1,596.50 | 1,617.30 | 1,579.10 | 1,592.50 | 1,594.95 | 37,122 | 49.8% |
| 19 Oct 2026 | 1,630.00 | 1,630.00 | 1,590.00 | 1,595.80 | 1,604.85 | 40,168 | 50.9% |
| 16 Oct 2026 | 1,620.00 | 1,632.60 | 1,611.90 | 1,627.20 | 1,625.14 | 34,237 | 59.2% |
| 15 Oct 2026 | 1,623.80 | 1,644.30 | 1,614.10 | 1,629.20 | 1,632.53 | 66,150 | 70.4% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 21 Jun 2023 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
Company details
- NSE symbol
- INDIAMART
- BSE code
- 542726
- ISIN
- INE933S01016
- Industry
- Retailing
- Website
- www.indiamart.com
- CIN
- L74899DL1999PLC101534
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1999
- Registered office
- 1st Floor, 29 Daryaganj, Netaji Subhash Marg, New Delhi 110002, Delhi
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments