Why is Indiamart Intermesh Ltd ?
1
Poor long term growth as Operating profit has grown by an annual rate 9.95% of over the last 5 years
2
Flat results in Mar 26
- PAT(Q) At Rs 50.20 cr has Fallen at -66.8% (vs previous 4Q average)
- EPS(Q) Lowest at Rs 8.35
3
With ROE of 19.8, it has a Very Expensive valuation with a 5.2 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -8.69%, its profits have fallen by -13.8%
4
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -8.69% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in E-Retail/ E-Commerce)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Indiamart Inter. for you?
Medium Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Indiamart Inter.
-8.69%
-0.35
25.08%
Sensex
-3.74%
-0.28
13.48%
Quality key factors
Factor
Value
Sales Growth (5y)
18.57%
EBIT Growth (5y)
9.95%
EBIT to Interest (avg)
70.11
Debt to EBITDA (avg)
0.13
Net Debt to Equity (avg)
-1.29
Sales to Capital Employed (avg)
0.57
Tax Ratio
26.73%
Dividend Payout Ratio
35.90%
Pledged Shares
0
Institutional Holding
32.70%
ROCE (avg)
-178.26%
ROE (avg)
18.79%
Valuation Key Factors 
Factor
Value
P/E Ratio
27
Industry P/E
21
Price to Book Value
5.24
EV to EBIT
18.91
EV to EBITDA
17.90
EV to Capital Employed
-13.61
EV to Sales
6.05
PEG Ratio
NA
Dividend Yield
2.38%
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
19.78%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
No Trend
Technical Movement
3What is working for the Company
NET SALES(Q)
Highest at Rs 404.30 cr
PBT LESS OI(Q)
Highest at Rs 112.30 cr.
-8What is not working for the Company
PAT(Q)
At Rs 50.20 cr has Fallen at -66.8% (vs previous 4Q average
EPS(Q)
Lowest at Rs 8.35
Loading Valuation Snapshot...
Here's what is working for Indiamart Inter.
Net Sales - Quarterly
Highest at Rs 404.30 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 112.30 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Here's what is not working for Indiamart Inter.
Profit After Tax (PAT) - Quarterly
At Rs 50.20 cr has Fallen at -66.8% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 151.28 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs 8.35
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)






