Indiamart Intermesh Ltd.
NSE: INDIAMARTIndiamart Intermesh Ltd.: A 30-second snapshot
IndiaMart Intermesh (INDIAMART) trades at ₹2,019.9, a 27.8% drawdown from its 52-week high, sitting 12.4% below its 200-DMA and 3.5% below its 50-DMA. The trailing PE of 25.7 and forward PE of 19.7 are the lowest among the six Consumer Goods peers tracked, while the 30.25% profit margin and 20.7% ROE co-exist with a 5-year earnings CAGR of -72.3%, a combination that warrants closer examination of earnings trajectory. Debt-to-equity of 0.96 has been on a falling trend, and FCF was positive in 4 of the years in the persistence window.
P/E
25.7
Forward P/E
19.7
ROE
+20.7%
Debt / Equity
0.96
Profit Margin
+30.3%
Div. Yield
+1.4%
5Y ROE > 15%
3/5
5Y FCF > 0
4/5
Quality
61/100
Recent context
- ·No news items were captured in the Stage-1 data run (total=0); there is no recent headline context available to explain the 10.1% 12-month price decline or the 27.8% drawdown from the 52-week high.
- ·RSI of 36.4 places the stock near the lower boundary of the neutral zone, with nearest support levels at ₹2,013.9 and ₹1,925.6 and a resistance cluster between ₹2,199 and ₹2,243.
- ·Mean analyst rating of 2.44 across 18 analysts (1–5 scale, lower = more constructive) reflects a spread of views; revenue growth of 13.9% over 5 years alongside a sharply declining earnings CAGR suggests the coverage community is weighing margin recovery prospects against a weak historical earnings track.
Strengths
- +Lowest trailing PE (25.7) and forward PE (19.7) among 6 Consumer Goods sector peers, including ASIANPAINT (62.8), TITAN (71.9), TRENT (83.9), and DMART (96.1).
- +Profit margin of 30.25% is unusually high for a non-financial consumer business, pointing to an asset-light model with meaningful operating leverage.
- +Debt-to-equity of 0.96 is on a declared falling trend; FCF has been positive in 4 of the available years in the persistence window, supporting balance sheet health.
- +Fundamental consistency score of 91 and a dividend yield of 1.45% suggest the business has maintained operational continuity across the measurement period.
Weaknesses
- −5-year earnings CAGR of -72.3% is a severe multi-year contraction; even if recent profitability has recovered, the compound decline raises questions about earnings quality and durability.
- −Price has declined 10.1% over the past 12 months and 9.8% over the past 3 months, trading below both the 50-DMA (₹2,093.4) and 200-DMA (₹2,307.2) with a 27.8% drawdown from the 52-week high.
- −ROE of 20.7% has exceeded 15% in only 3 of the historical years available, suggesting the current return level is not uniformly persistent across the business cycle.
- −Quality score of 47 is below TRENT (49) among peers with available scores, indicating mid-pack relative quality within the sector grouping.
Open questions
- ?Does the 5-year earnings CAGR of -72.3% reflect a structural shift in IndiaMart's business model, a period of heavy reinvestment, or a one-time accounting event — and has that dynamic reversed in recent quarters?
- ?How much of the 30.25% profit margin is attributable to the subscription-based revenue model, and how sensitive is that margin to churn rates among small-business subscribers in an economic slowdown?
- ?Given that INDIAMART's PE of 25.7 is less than a third of sector peers like DMART and TRENT, what would need to be true about earnings growth or margin durability for that valuation gap to persist or close?
- ?Is the falling debt-to-equity trend driven by debt repayment, equity issuance, or retained earnings — and which of those has the most bearing on future capital allocation decisions?
Peer comparison: Consumer Goods
Ranks 2 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| INDIAMART | Indiamart Intermesh Ltd.You're viewing | 25.7 | +20.7% | 47 |
| Industry avg | across 5 peers | 78.7 | +19.6% | 37 |
| TRENT | Trent Ltd. | 83.9 | +27.1% | 49 |
| ETERNAL | Eternal Ltd. | — | +1.2% | 41 |
| DMART | Avenue Supermarts Ltd. | 96.1 | +12.9% | 37 |
| TITAN | Titan Company Ltd. | 71.9 | +37.1% | 34 |
| ASIANPAINT | Asian Paints Ltd. | 62.8 | — | 23 |
Technical state
Current price
₹2,019.90
SMA 50
₹2,093.40
SMA 200
₹2,307.21
RSI (14)
36.4 (neutral)
From 52w high
-27.8%
1Y return
-10.1%
3M return
-9.8%
50-DMA
Below
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- high5-year earnings CAGR of -72.3% indicates a sustained multi-year contraction in net profit, not a single-quarter anomaly; this warrants scrutiny of whether recent 30.25% profit margin is structurally stable or distorted.
- mediumPrice at ₹2,019.9 is 3.5% below 50-DMA (₹2,093.4) and 12.4% below 200-DMA (₹2,307.2), with a 27.8% drawdown from the 52-week high; the stock has been trading below the 200-DMA throughout recent months.
- mediumQuality score of 47 ranks 2nd out of 6 sector peers, but ROE of 20.7% has exceeded 15% in only 3 of available historical years, suggesting the current return profile may not be a long-run norm.
- lowZero news items captured in the Stage-1 run (total=0); news sentiment is based on no data, making it impossible to assess recent narrative risk or catalyst flow.
- lowSector peer data is sparse: 4 of 5 peers have null priceChange1Y and 1 peer has null PE/ROE; peer rankings on price momentum and some quality metrics are therefore based on incomplete comparisons.
Cross-section contradictions
- 5-year earnings growth of -72.3% contrasts sharply with a current profit margin of 30.25% and a consistency score of 91; it is unclear whether the margin figure reflects a recovery, a change in business mix, or a measurement-period mismatch.
- ROE of 20.7% and FCF positive in 4 of available years are constructive fundamental signals, yet the stock is down 10.1% over 12 months and 27.8% from its 52-week high with no news catalyst visible in the data.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 12 May 2026 · rotates through NIFTY 500 every ~5 days