Financial Performance
- Consolidated revenue from operations of Rs 295 crore, YoY growth of 22%
- Consolidated cash generated from operations at Rs 102 crore
- Consolidated net profit of Rs 69 crore
Revenue and User Metrics
- Standalone revenue from operations grew by 23% YoY to Rs 281 crore
- Revenue from operations of Busy Infotech grew by 24% YoY to Rs 13 crore
- Consolidated deferred revenue increased by 26% YoY to Rs 1,244 crore
- IndiaMART registered traffic of 288 million and Unique business enquiries of 24 million in Q2FY24
Operating Margins and Profitability
- Standalone EBITDA stood at Rs 81 crore for Q2FY24 representing an EBITDA margin of 29%
- Consolidated EBITDA stood at Rs 80 crore for Q2FY24 representing an EBITDA margin of 27%
- Consolidated profit before tax was at Rs 93 crore
- Consolidated net profit for this quarter was Rs 69 crore representing a margin of 28% and 21% respectively
Cash Flow and Investments
- Consolidated cash flow from operations for the quarter was at Rs 102 crore
- Consolidated cash and investments balance stood at Rs 1,910 crore as of September 30, 2023
Operational Highlights
- Supplier Storefronts grew to 7.7 million, an increase of 5% YoY
- Paying subscription suppliers grew to 2,09,747 representing a net addition of 2,064 subscribers during the quarter
Commenting on the performance, Dinesh Agarwal, Chief Executive Officer, said, "We are happy to report continued growth in revenue, deferred revenue, and healthy operating margins in this quarter. This is the result of investments made in further strengthening our value proposition and enhancing the user experience for businesses. With the rising internet adoption and on the back of healthy cash flows, we are confident of the long-term growth and sustained value creation for all our stakeholders."
Equity Capital: 2,058.49 Cr FV: 10.00
Period | MF Net Purchase / (sold) | FII Net |
---|---|---|
LAST 1M | 21,819.21 | 39,849.27 |
LAST 3M | 59,182.99 | 17,912.96 |
LAST 6M | 101,166.54 | 92,564.27 |
LAST 12M | 166,925.45 | 138,096.90 |
Date | Action Type | Ratio |
---|---|---|
Jun 21, 2023 | Bonus | 1:1 |
May 11, 2023 | Dividend | 200 |
Sep 01, 2022 | Dividend | 20 |
1st Floor 29-Daryaganj, Netaji Subash Marg, New Delhi, New Delhi, 110002
Tel | : | 91-11-30272100 |
: | cs:indiamart.com | |
Website | : | http://www.indiamart.com |
Link Intime India Pvt Ltd
AGM Date (Month) | : | Jun |
Face Value Equity Shares | : | 10 |
Market Lot Equity Shares | : | 1 |
BSE Code | : | 542726 |
NSE Code | : | INDIAMART |
Book Closure Date (Month) | : | |
BSE Group | : | A |
ISIN | : | INE933S01016 |
You can buy Indiamart Intermesh Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Indiamart Intermesh Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 08, 2023 03:58 PM the closing price of Indiamart Intermesh Ltd was ₹ 2,677.30.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Dec 08, 2023 03:58 PM, the market cap of Indiamart Intermesh Ltd stood at ₹ 16,058.18.
The latest PE ratio of Indiamart Intermesh Ltd as of Dec 08, 2023 03:58 PM is 50.86
The latest PB ratio of Indiamart Intermesh Ltd as of Dec 08, 2023 03:58 PM is 0.09
The 52-week high of Indiamart Intermesh Ltd is ₹ 3,335.55 while the 52-week low is ₹ 2,043.50
According to analyst recommendations, Indiamart Intermesh Ltd has a “Buy” rating for the long term.