Why is Indiamart Intermesh Ltd ?
1
Poor long term growth as Operating profit has grown by an annual rate 16.82% of over the last 5 years
2
Flat results in Sep 25
- PAT(Q) At Rs 82.70 cr has Fallen at -44.0% (vs previous 4Q average)
- DEBTORS TURNOVER RATIO(HY) Lowest at 33.47 times
- PBDIT(Q) Lowest at Rs 129.70 cr.
3
With ROE of 25.2, it has a Very Expensive valuation with a 6.5 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -2.85%, its profits have risen by 24.9% ; the PEG ratio of the company is 1
4
Below par performance in long term as well as near term
- Along with generating -2.85% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
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, Low Return
Absolute
Risk Adjusted
Volatility
Indiamart Inter.
-3.17%
-0.10
27.41%
Sensex
4.66%
0.45
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
17.72%
EBIT Growth (5y)
16.82%
EBIT to Interest (avg)
53.61
Debt to EBITDA (avg)
0.14
Net Debt to Equity (avg)
-1.28
Sales to Capital Employed (avg)
0.54
Tax Ratio
23.13%
Dividend Payout Ratio
35.90%
Pledged Shares
0
Institutional Holding
34.53%
ROCE (avg)
-176.09%
ROE (avg)
19.90%
Valuation Key Factors 
Factor
Value
P/E Ratio
26
Industry P/E
28
Price to Book Value
6.46
EV to EBIT
22.13
EV to EBITDA
20.85
EV to Capital Employed
-18.81
EV to Sales
7.53
PEG Ratio
1.04
Dividend Yield
2.17%
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
25.16%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
4What is working for the Company
ROCE(HY)
Highest at 31.20%
NET SALES(Q)
Highest at Rs 391.00 cr
-8What is not working for the Company
PAT(Q)
At Rs 82.70 cr has Fallen at -44.0% (vs previous 4Q average
DEBTORS TURNOVER RATIO(HY)
Lowest at 33.47 times
PBDIT(Q)
Lowest at Rs 129.70 cr.
OPERATING PROFIT TO NET SALES (Q)
Lowest at 33.17%
PBT LESS OI(Q)
Lowest at Rs 108.40 cr.
EPS(Q)
Lowest at Rs 13.78
Loading Valuation Snapshot...
Here's what is working for Indiamart Inter.
Net Sales - Quarterly
Highest at Rs 391.00 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Here's what is not working for Indiamart Inter.
Profit After Tax (PAT) - Quarterly
At Rs 82.70 cr has Fallen at -44.0% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 147.55 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 129.70 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 33.17%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 108.40 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs 13.78
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
Debtors Turnover Ratio- Half Yearly
Lowest at 33.47 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio






