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IndiaMART InterMESH

NSEI:INDIAMART
Snowflake Description

Flawless balance sheet with high growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
INDIAMART
NSEI
₹58B
Market Cap
  1. Home
  2. IN
  3. Capital Goods
Company description

IndiaMART InterMESH Limited operates an online B2B marketplace that connects buyers with suppliers in India and internationally. The last earnings update was 50 days ago. More info.


Add to Portfolio Compare Print
  • IndiaMART InterMESH has significant price volatility in the past 3 months.
INDIAMART Share Price and Events
7 Day Returns
-8.2%
NSEI:INDIAMART
-3%
IN Trade Distributors
-2.5%
IN Market
1 Year Returns
-
NSEI:INDIAMART
10.6%
IN Trade Distributors
5%
IN Market
INDIAMART Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
IndiaMART InterMESH (INDIAMART) -8.2% 3.2% 24.2% - - -
IN Trade Distributors -3% -0.5% 26.2% 10.6% 15.7% -49.5%
IN Market -2.5% -1.3% 5.7% 5% 23.4% 29.3%
1 Year Return vs Industry and Market
  • No trading data on INDIAMART.
  • No trading data on INDIAMART.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Value

 Is IndiaMART InterMESH undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of IndiaMART InterMESH to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for IndiaMART InterMESH.

NSEI:INDIAMART Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.1%
Perpetual Growth Rate 10-Year IN Government Bond Rate 6.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:INDIAMART
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 6.5%
Equity Risk Premium S&P Global 7.9%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.947 (1 + (1- 35%) (0.77%))
0.968
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.97
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 6.48% + (0.968 * 7.85%)
14.08%

Discounted Cash Flow Calculation for NSEI:INDIAMART using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for IndiaMART InterMESH is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NSEI:INDIAMART DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 14.08%)
2020 2,317.00 Analyst x1 2,031.07
2021 3,087.00 Analyst x1 2,372.10
2022 3,449.17 Est @ 11.73% 2,323.32
2023 3,799.48 Est @ 10.16% 2,243.45
2024 4,143.46 Est @ 9.05% 2,144.64
2025 4,486.60 Est @ 8.28% 2,035.67
2026 4,833.91 Est @ 7.74% 1,922.59
2027 5,189.82 Est @ 7.36% 1,809.41
2028 5,558.18 Est @ 7.1% 1,698.70
2029 5,942.39 Est @ 6.91% 1,592.00
Present value of next 10 years cash flows ₹20,172.00
NSEI:INDIAMART DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₹5,942.39 × (1 + 6.48%) ÷ (14.08% – 6.48%)
₹83,278.46
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹83,278.46 ÷ (1 + 14.08%)10
₹22,310.81
NSEI:INDIAMART Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹20,172.00 + ₹22,310.81
₹42,482.81
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹42,482.81 / 28.92
₹1468.99
NSEI:INDIAMART Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹1,468.99
Current discount Discount to share price of ₹2,009.90
= -1 x (₹2,009.90 - ₹1,468.99) / ₹1,468.99
-36.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of IndiaMART InterMESH is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for IndiaMART InterMESH's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are IndiaMART InterMESH's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:INDIAMART PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in INR ₹33.87
NSEI:INDIAMART Share Price ** NSEI (2019-12-11) in INR ₹2009.9
India Trade Distributors Industry PE Ratio Median Figure of 88 Publicly-Listed Trade Distributors Companies 18.38x
India Market PE Ratio Median Figure of 2,636 Publicly-Listed Companies 12.76x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of IndiaMART InterMESH.

NSEI:INDIAMART PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:INDIAMART Share Price ÷ EPS (both in INR)

= 2009.9 ÷ 33.87

59.35x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • IndiaMART InterMESH is overvalued based on earnings compared to the IN Trade Distributors industry average.
  • IndiaMART InterMESH is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does IndiaMART InterMESH's expected growth come at a high price?
Raw Data
NSEI:INDIAMART PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 59.35x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
54.2%per year
Asia Trade Distributors Industry PEG Ratio Median Figure of 47 Publicly-Listed Trade Distributors Companies 1.27x
India Market PEG Ratio Median Figure of 599 Publicly-Listed Companies 1.09x

*Line of best fit is calculated by linear regression .

NSEI:INDIAMART PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 59.35x ÷ 54.2%

1.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • IndiaMART InterMESH is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on IndiaMART InterMESH's assets?
Raw Data
NSEI:INDIAMART PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in INR ₹70.16
NSEI:INDIAMART Share Price * NSEI (2019-12-11) in INR ₹2009.9
India Trade Distributors Industry PB Ratio Median Figure of 129 Publicly-Listed Trade Distributors Companies 0.69x
India Market PB Ratio Median Figure of 3,571 Publicly-Listed Companies 0.84x
NSEI:INDIAMART PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:INDIAMART Share Price ÷ Book Value per Share (both in INR)

= 2009.9 ÷ 70.16

28.65x

* Primary Listing of IndiaMART InterMESH.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • IndiaMART InterMESH is overvalued based on assets compared to the IN Trade Distributors industry average.
X
Value checks
We assess IndiaMART InterMESH's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. IndiaMART InterMESH has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is IndiaMART InterMESH expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
54.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is IndiaMART InterMESH expected to grow at an attractive rate?
  • IndiaMART InterMESH's earnings growth is expected to exceed the low risk savings rate of 6.5%.
Growth vs Market Checks
  • IndiaMART InterMESH's earnings growth is expected to exceed the India market average.
  • IndiaMART InterMESH's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
NSEI:INDIAMART Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:INDIAMART Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 54.2%
NSEI:INDIAMART Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 20.2%
India Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 17.3%
Asia Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 3.7%
India Market Earnings Growth Rate Market Cap Weighted Average 19.8%
India Market Revenue Growth Rate Market Cap Weighted Average 11.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:INDIAMART Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:INDIAMART Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 7,766 3,289 2,071 1
2020-03-31 6,410 2,572 1,160 1
2019-12-11
NSEI:INDIAMART Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-09-30 5,755 2,546 970
2019-06-30 5,414 1,088
2019-03-31 5,074 2,551 200
2018-03-31 4,105 1,791 548
2017-03-31 3,178 -6 -643

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • IndiaMART InterMESH's earnings are expected to grow significantly at over 20% yearly.
  • IndiaMART InterMESH's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:INDIAMART Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from IndiaMART InterMESH Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:INDIAMART Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 72.40 72.40 72.40 1.00
2020-03-31
2019-12-11
NSEI:INDIAMART Past Financials Data
Date (Data in INR Millions) EPS *
2019-09-30 33.87
2019-06-30 39.26
2019-03-31 7.75
2018-03-31 28.60
2017-03-31 -35.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if IndiaMART InterMESH will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess IndiaMART InterMESH's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
IndiaMART InterMESH has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has IndiaMART InterMESH performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare IndiaMART InterMESH's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • IndiaMART InterMESH has delivered over 20% year on year earnings growth in the past 5 years.
  • IndiaMART InterMESH's 1-year earnings growth exceeds its 5-year average (159.8% vs 56.4%)
  • IndiaMART InterMESH's earnings growth has exceeded the IN Trade Distributors industry average in the past year (159.8% vs 9.8%).
Earnings and Revenue History
IndiaMART InterMESH's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from IndiaMART InterMESH Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:INDIAMART Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 5,755.17 970.44 175.02
2019-06-30 5,414.17 1,088.44 175.02
2019-03-31 5,074.17 200.44 175.02
2018-03-31 4,105.08 547.59 241.80
2017-03-31 3,177.63 -643.46 362.86
2016-03-31 2,457.53 -1,315.68 624.74
2015-03-31 1,760.72 -318.85 352.40
2014-03-31 1,357.47 -75.83 148.88

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • IndiaMART InterMESH made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • IndiaMART InterMESH used its assets more efficiently than the IN Trade Distributors industry average last year based on Return on Assets.
  • Unable to establish if IndiaMART InterMESH improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess IndiaMART InterMESH's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
IndiaMART InterMESH has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is IndiaMART InterMESH's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up IndiaMART InterMESH's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • IndiaMART InterMESH is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • IndiaMART InterMESH's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of IndiaMART InterMESH's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • IndiaMART InterMESH has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from IndiaMART InterMESH Company Filings, last reported 2 months ago.

NSEI:INDIAMART Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 2,028.00 0.00 7,496.00
2019-06-30 1,598.88 0.00 6,851.89
2019-03-31 1,598.88 0.00 6,851.89
2018-03-31 -3,212.23 3,729.30 3,577.81
2017-03-31 -3,900.19 2,460.90 1,769.17
2016-03-31 -3,270.64 2,195.18 1,473.77
2015-03-31 -939.82 0.57 703.30
2014-03-31 -621.00 1.13 646.89
  • IndiaMART InterMESH has no debt.
  • IndiaMART InterMESH currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • IndiaMART InterMESH has no debt, it does not need to be covered by operating cash flow.
  • IndiaMART InterMESH has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess IndiaMART InterMESH's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. IndiaMART InterMESH has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is IndiaMART InterMESH's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from IndiaMART InterMESH dividends.
If you bought ₹2,000 of IndiaMART InterMESH shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate IndiaMART InterMESH's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate IndiaMART InterMESH's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:INDIAMART Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
India Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 25 Stocks 0.4%
India Market Average Dividend Yield Market Cap Weighted Average of 1391 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:INDIAMART Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31
2020-03-31
2019-12-11

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as IndiaMART InterMESH has not reported any payouts.
  • Unable to verify if IndiaMART InterMESH's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of IndiaMART InterMESH's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as IndiaMART InterMESH has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess IndiaMART InterMESH's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can IndiaMART InterMESH afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. IndiaMART InterMESH has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of IndiaMART InterMESH's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Dinesh Agarwal
AGE 50
CEO Bio

Mr. Dinesh Agarwal Founded IndiaMART InterMESH Limited in 1996, and serves as its Chief Executive Officer, Managing Director and Director. He holds a bachelor’s degree in technology (computer science and engineering) from Harcourt Butler Technological Institute, Kanpur University. He has experience in the field of internet, networking and systems development and consulting. He was previously the proprietor of InterMESH Systems, which was subsequently acquired by our Company, and has worked with Hindustan Management and Technical Services Private Limited, HCL America, Inc., HCL Limited, HCL Hewlett-Packard Limited, Centre for Development of Telematics (C-Dot) and CMC Limited. He is a charter member of The Indus Entrepreneurs (TiE), a global network of entrepreneurs and professionals. He is also a member of the governing council of the Indian And Mobile Association of India.

CEO Compensation
  • Insufficient data for Dinesh to compare compensation growth.
  • Insufficient data for Dinesh to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team

Dinesh Agarwal

TITLE
Founder
AGE
50

Brijesh Agrawal

TITLE
Co-Founder & Whole-Time Director
AGE
43
TENURE
23.9 yrs

Prateek Chandra

TITLE
Chief Financial Officer
AGE
38
TENURE
4.4 yrs

Dinesh Gulati

TITLE
Chief Operating Officer
AGE
51

Sudhir Gupta

TITLE
Senior Vice President of Finance and Accounts
AGE
46

Manoj Bhargava

TITLE
Senior VP of Legal & Secretarial

Sumit Bedi

TITLE
Vice President of Marketing

Mudit Khosla

TITLE
Senior Vice President of Brand Solutions Group

Madhup Agrawal

TITLE
National Head
AGE
49

Vikas Aggarwal

TITLE
National Head of Client Servicing Division
AGE
41
Board of Directors Tenure

Average tenure and age of the IndiaMART InterMESH board of directors in years:

4.8
Average Tenure
53
Average Age
  • The tenure for the IndiaMART InterMESH board of directors is about average.
Board of Directors

Dinesh Agarwal

TITLE
Founder
AGE
50

Brijesh Agrawal

TITLE
Co-Founder & Whole-Time Director
AGE
43
TENURE
20.3 yrs

Lizzie Chapman

TITLE
Non-Executive Independent Director
TENURE
4.8 yrs

Vivek Gour

TITLE
Non-Executive Independent Director
AGE
57
TENURE
1.7 yrs

Rajesh Sawhney

TITLE
Non-Executive Independent Director
AGE
53
TENURE
8.9 yrs

Dhruv Prakash

TITLE
Non-Executive Director
AGE
68
TENURE
4.2 yrs

Amit Behl

TITLE
Observer
Who owns this company?
Recent Insider Trading
  • IndiaMART InterMESH individual insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
06. Dec 19 Sell Dinesh Gulati Individual 03. Dec 19 04. Dec 19 -7,455 ₹2,202.40 ₹-16,411,522
05. Dec 19 Sell Navendra Singh Individual 20. Nov 19 02. Dec 19 -600 ₹2,180.00 ₹-1,281,296
05. Dec 19 Sell Abhishek Bhartia Individual 03. Dec 19 03. Dec 19 -700 ₹2,202.42 ₹-1,541,694
05. Dec 19 Sell Devendra Singh Individual 02. Dec 19 02. Dec 19 -502 ₹2,200.00 ₹-1,104,400
05. Dec 19 Sell Prateek Chandra Individual 02. Dec 19 03. Dec 19 -1,300 ₹2,193.12 ₹-2,851,060
05. Dec 19 Sell Madhup Agrawal Individual 03. Dec 19 03. Dec 19 -34,208 ₹2,202.82 ₹-75,353,901
28. Nov 19 Sell Vikas Aggarwal Individual 27. Nov 19 27. Nov 19 -2,000 ₹2,160.00 ₹-4,320,000
28. Nov 19 Sell Prateek Chandra Individual 20. Nov 19 26. Nov 19 -2,000 ₹2,150.00 ₹-4,250,000
26. Nov 19 Sell Parag Agarawal Individual 20. Nov 19 20. Nov 19 -1,000 ₹2,030.00 ₹-2,030,000
26. Nov 19 Sell Sudhir Gupta Individual 19. Nov 19 22. Nov 19 -1,100 ₹2,100.91 ₹-2,311,000
26. Nov 19 Sell Dinesh Gulati Individual 21. Nov 19 22. Nov 19 -13,589 ₹2,142.92 ₹-28,872,031
26. Nov 19 Sell Madhup Agrawal Individual 20. Nov 19 20. Nov 19 -1,000 ₹2,072.77 ₹-2,072,774
26. Nov 19 Buy Madhup Agrawal Individual 20. Nov 19 20. Nov 19 1,000 ₹2,100.00 ₹2,100,000
26. Nov 19 Sell Rajesh Sawhney Individual 21. Nov 19 22. Nov 19 -5,000 ₹2,100.00 ₹-10,410,435
22. Nov 19 Sell Asif Ali Individual 19. Nov 19 19. Nov 19 -3,000 ₹2,014.26 ₹-6,042,780
22. Nov 19 Sell Dinesh Gulati Individual 19. Nov 19 20. Nov 19 -5,128 ₹2,100.00 ₹-10,601,939
22. Nov 19 Sell Prateek Chandra Individual 15. Nov 19 19. Nov 19 -500 ₹1,969.68 ₹-984,838
22. Nov 19 Sell Madhup Agrawal Individual 19. Nov 19 19. Nov 19 -5,371 ₹2,019.42 ₹-10,846,289
18. Nov 19 Sell Navendra Singh Individual 13. Nov 19 14. Nov 19 -600 ₹2,060.00 ₹-1,229,991
18. Nov 19 Sell Rajan Bajpai Individual 11. Nov 19 11. Nov 19 -1,000 ₹1,950.00 ₹-1,950,000
18. Nov 19 Sell Dinesh Gulati Individual 13. Nov 19 13. Nov 19 -3,000 ₹2,075.00 ₹-6,225,000
18. Nov 19 Sell Rajesh Sawhney Individual 13. Nov 19 13. Nov 19 -2,000 ₹2,065.00 ₹-4,130,000
14. Nov 19 Sell Vikas Verma Individual 11. Nov 19 11. Nov 19 -1,200 ₹1,910.42 ₹-2,292,500
14. Nov 19 Sell Amit Jain Individual 11. Nov 19 11. Nov 19 -800 ₹1,900.00 ₹-1,520,000
14. Nov 19 Sell Sumit Bedi Individual 11. Nov 19 11. Nov 19 -5,000 ₹1,923.64 ₹-9,618,179
14. Nov 19 Sell Amit Jain Individual 13. Nov 19 13. Nov 19 -619 ₹2,050.00 ₹-1,268,950
14. Nov 19 Sell Sudhir Gupta Individual 27. Oct 19 11. Nov 19 -1,100 ₹1,915.18 ₹-2,106,700
14. Nov 19 Sell Dinesh Gulati Individual 11. Nov 19 11. Nov 19 -10,000 ₹1,900.00 ₹-18,999,999
14. Nov 19 Sell Madhup Agrawal Individual 07. Nov 19 11. Nov 19 -15,000 ₹1,815.83 ₹-27,062,294
14. Nov 19 Sell Rajesh Sawhney Individual 07. Nov 19 11. Nov 19 -2,000 ₹1,890.00 ₹-3,643,263
08. Nov 19 Sell Raj Sharma Individual 05. Nov 19 06. Nov 19 -2,926 ₹1,805.00 ₹-5,253,654
06. Nov 19 Sell Dinesh Gulati Individual 31. Oct 19 31. Oct 19 -3,500 ₹1,860.00 ₹-6,510,000
04. Nov 19 Sell Sandeep Garg Individual 25. Oct 19 30. Oct 19 -580 ₹1,873.12 ₹-1,086,412
04. Nov 19 Sell Sumit Bedi Individual 30. Oct 19 30. Oct 19 -5,000 ₹1,903.41 ₹-9,517,036
31. Oct 19 Sell Parag Agarawal Individual 27. Oct 19 27. Oct 19 -1,000 ₹1,865.00 ₹-1,865,000
07. Oct 19 Sell Rajesh Sawhney Individual 30. Sep 19 30. Sep 19 -1,000 ₹1,832.00 ₹-1,832,000
01. Oct 19 Sell Raj Sharma Individual 30. Sep 19 30. Sep 19 -1,576 ₹1,814.65 ₹-2,859,888
01. Oct 19 Sell Abhishek Bhartia Individual 24. Sep 19 26. Sep 19 -1,500 ₹1,893.33 ₹-2,840,000
27. Sep 19 Sell Amar Yadav Individual 20. Sep 19 24. Sep 19 -3,000 ₹1,774.33 ₹-5,323,000
27. Sep 19 Sell Sunil Parolia Individual 09. Sep 19 24. Sep 19 -1,700 ₹1,716.29 ₹-2,917,696
27. Sep 19 Sell Navendra Singh Individual 18. Sep 19 24. Sep 19 -800 ₹1,745.62 ₹-1,396,500
27. Sep 19 Sell Asif Ali Individual 24. Sep 19 24. Sep 19 -823 ₹1,871.95 ₹-1,540,615
27. Sep 19 Sell Anurag Agrawal Individual 09. Sep 19 24. Sep 19 -1,000 ₹1,687.50 ₹-1,687,500
27. Sep 19 Sell Sudhir Gupta Individual 24. Sep 19 24. Sep 19 -2,500 ₹1,810.00 ₹-4,525,000
23. Sep 19 Sell Anuj Sharma Individual 17. Sep 19 18. Sep 19 -800 ₹1,719.25 ₹-1,375,400
23. Sep 19 Sell Shrawan Sharma Individual 09. Sep 19 18. Sep 19 -800 ₹1,671.82 ₹-1,337,454
23. Sep 19 Sell Pankaj Verma Individual 17. Sep 19 18. Sep 19 -900 ₹1,727.78 ₹-1,555,000
23. Sep 19 Sell Vikas Aggarwal Individual 19. Sep 19 23. Sep 19 -9,993 ₹1,707.00 ₹-16,928,518
23. Sep 19 Sell Sudhir Gupta Individual 17. Sep 19 18. Sep 19 -1,000 ₹1,725.00 ₹-1,725,000
19. Sep 19 Sell Navendra Singh Individual 13. Sep 19 16. Sep 19 -800 ₹1,640.00 ₹-1,312,000
19. Sep 19 Sell Asif Ali Individual 17. Sep 19 17. Sep 19 -3,000 ₹1,696.67 ₹-5,090,010
16. Sep 19 Sell Vikram Varshney Individual 09. Sep 19 11. Sep 19 -8,000 ₹1,606.30 ₹-12,833,733
16. Sep 19 Sell Vivek Agrawal Individual 13. Sep 19 13. Sep 19 -5,000 ₹1,620.74 ₹-8,065,301
16. Sep 19 Sell Asif Ali Individual 11. Sep 19 12. Sep 19 -6,177 ₹1,624.00 ₹-9,870,408
16. Sep 19 Sell Abhishek Bhartia Individual 11. Sep 19 12. Sep 19 -1,333 ₹1,599.03 ₹-2,131,511
13. Sep 19 Sell Avijit Vikram Individual 26. Aug 19 09. Sep 19 -1,100 ₹1,339.09 ₹-1,473,000
13. Sep 19 Sell Rajan Bajpai Individual 19. Aug 19 09. Sep 19 -2,228 ₹1,417.88 ₹-3,159,040
13. Sep 19 Sell Raj Sharma Individual 11. Sep 19 11. Sep 19 -1,000 ₹1,650.00 ₹-1,650,000
13. Sep 19 Sell Asif Ali Individual 09. Sep 19 09. Sep 19 -1,000 ₹1,555.00 ₹-1,555,000
13. Sep 19 Sell Amit Jain Individual 09. Sep 19 09. Sep 19 -1,200 ₹1,629.17 ₹-1,955,000
13. Sep 19 Sell Devendra Singh Individual 11. Sep 19 11. Sep 19 -1,200 ₹1,608.33 ₹-1,930,000
13. Sep 19 Sell Sudhir Gupta Individual 09. Sep 19 09. Sep 19 -6,729 ₹1,615.00 ₹-10,867,335
11. Sep 19 Sell Anirban Kundu Individual 30. Aug 19 06. Sep 19 -1,550 ₹1,285.93 ₹-1,993,185
11. Sep 19 Sell Anuj Sharma Individual 30. Aug 19 09. Sep 19 -800 ₹1,499.00 ₹-1,199,200
11. Sep 19 Sell Deepak Gupta Individual 06. Sep 19 09. Sep 19 -2,000 ₹1,600.00 ₹-3,077,970
11. Sep 19 Sell Vivek Agrawal Individual 09. Sep 19 09. Sep 19 -8,000 ₹1,568.40 ₹-12,547,200
11. Sep 19 Sell Shrawan Sharma Individual 23. Aug 19 06. Sep 19 -1,000 ₹1,333.54 ₹-1,333,536
11. Sep 19 Sell Pankaj Verma Individual 06. Sep 19 09. Sep 19 -3,000 ₹1,570.00 ₹-4,282,951
11. Sep 19 Sell Raj Sharma Individual 09. Sep 19 09. Sep 19 -5,000 ₹1,560.20 ₹-7,801,000
11. Sep 19 Sell Amit Jain Individual 05. Sep 19 06. Sep 19 -10,000 ₹1,348.53 ₹-12,998,986
11. Sep 19 Sell Abhishek Bhartia Individual 05. Sep 19 09. Sep 19 -4,700 ₹1,563.79 ₹-6,566,379
11. Sep 19 Sell Devendra Singh Individual 05. Sep 19 09. Sep 19 -7,700 ₹1,600.00 ₹-10,733,250
09. Sep 19 Sell Pradeep Chopra Individual 20. Aug 19 04. Sep 19 -7,531 ₹1,209.38 ₹-9,066,236
06. Sep 19 Sell Deepak Gupta Individual 04. Sep 19 04. Sep 19 -1,000 ₹1,217.50 ₹-1,217,500
06. Sep 19 Sell Pankaj Verma Individual 04. Sep 19 04. Sep 19 -1,000 ₹1,242.50 ₹-1,242,500
06. Sep 19 Sell Anurag Agrawal Individual 03. Sep 19 04. Sep 19 -900 ₹1,194.72 ₹-1,075,250
06. Sep 19 Sell Abhishek Bhartia Individual 30. Aug 19 04. Sep 19 -7,319 ₹1,220.96 ₹-8,895,451
03. Sep 19 Sell Anuj Sharma Individual 26. Aug 19 27. Aug 19 -1,800 ₹1,169.43 ₹-2,104,970
03. Sep 19 Sell Deepak Gupta Individual 28. Aug 19 30. Aug 19 -6,000 ₹1,203.33 ₹-6,695,443
03. Sep 19 Sell Vivek Agrawal Individual 16. Aug 19 29. Aug 19 -5,500 ₹1,163.36 ₹-6,398,505
03. Sep 19 Sell Pankaj Verma Individual 30. Aug 19 30. Aug 19 -900 ₹1,203.67 ₹-1,083,300
03. Sep 19 Sell Asif Ali Individual 28. Aug 19 29. Aug 19 -4,492 ₹1,186.42 ₹-5,329,395
03. Sep 19 Sell Anil Gautam Individual 13. Aug 19 27. Aug 19 -1,252 ₹1,164.27 ₹-1,457,663
03. Sep 19 Sell Anurag Agrawal Individual 26. Aug 19 27. Aug 19 -1,455 ₹1,171.60 ₹-1,704,675
03. Sep 19 Sell Devendra Singh Individual 29. Aug 19 29. Aug 19 -1,800 ₹1,176.11 ₹-2,117,000
28. Aug 19 Sell Deepak Gupta Individual 07. Aug 19 27. Aug 19 -1,145 ₹1,177.41 ₹-1,348,130
28. Aug 19 Sell Pankaj Verma Individual 23. Aug 19 27. Aug 19 -3,408 ₹1,179.00 ₹-3,983,963
28. Aug 19 Sell Shashi Narain Individual 27. Aug 19 27. Aug 19 -2,000 ₹1,170.00 ₹-2,340,000
28. Aug 19 Sell Raj Sharma Individual 26. Aug 19 27. Aug 19 -3,000 ₹1,165.49 ₹-3,496,479
28. Aug 19 Sell Asif Ali Individual 27. Aug 19 27. Aug 19 -2,322 ₹1,180.00 ₹-2,739,960
28. Aug 19 Sell Devendra Singh Individual 21. Aug 19 27. Aug 19 -10,084 ₹1,170.75 ₹-11,715,748
26. Aug 19 Sell Shrawan Sharma Individual 06. Aug 19 22. Aug 19 -2,009 ₹1,173.85 ₹-2,337,443
26. Aug 19 Sell Pankaj Verma Individual 20. Aug 19 20. Aug 19 -1,538 ₹1,177.60 ₹-1,811,144
26. Aug 19 Sell Shashi Narain Individual 22. Aug 19 22. Aug 19 -3,000 ₹1,144.82 ₹-3,434,450
26. Aug 19 Sell Anurag Agrawal Individual 19. Aug 19 21. Aug 19 -1,000 ₹1,181.75 ₹-1,181,750
20. Aug 19 Sell Vivek Agrawal Individual 13. Aug 19 14. Aug 19 -4,700 ₹1,147.48 ₹-5,393,149
20. Aug 19 Sell Rajan Bajpai Individual 13. Aug 19 16. Aug 19 -2,010 ₹1,157.59 ₹-2,326,748
20. Aug 19 Sell Amit Jain Individual 13. Aug 19 16. Aug 19 -11,120 ₹1,179.66 ₹-13,052,514
14. Aug 19 Sell Anurag Agrawal Individual 13. Aug 19 13. Aug 19 -1,000 ₹1,173.00 ₹-1,173,000
14. Aug 19 Sell Pankaj Verma Individual 13. Aug 19 13. Aug 19 -1,000 ₹1,175.00 ₹-1,175,000
14. Aug 19 Sell Shashi Narain Individual 13. Aug 19 13. Aug 19 -1,000 ₹1,175.00 ₹-1,175,000
09. Aug 19 Sell Shrawan Sharma Individual 05. Aug 19 05. Aug 19 -2,071 ₹1,194.23 ₹-2,473,250
09. Aug 19 Sell Pankaj Verma Individual 05. Aug 19 06. Aug 19 -3,000 ₹1,204.43 ₹-3,604,433
09. Aug 19 Sell Shashi Narain Individual 05. Aug 19 07. Aug 19 -9,000 ₹1,201.24 ₹-10,808,658
09. Aug 19 Sell Raj Sharma Individual 08. Aug 19 08. Aug 19 -1,000 ₹1,165.00 ₹-1,165,000
09. Aug 19 Sell Pradeep Dhaka Individual 05. Aug 19 05. Aug 19 -7,135 ₹1,196.88 ₹-8,539,753
09. Aug 19 Sell Pradeep Chopra Individual 05. Aug 19 07. Aug 19 -8,120 ₹1,201.22 ₹-9,743,474
09. Aug 19 Sell Asif Ali Individual 06. Aug 19 07. Aug 19 -6,806 ₹1,200.00 ₹-8,155,701
09. Aug 19 Sell Anil Gautam Individual 05. Aug 19 06. Aug 19 -1,323 ₹1,189.72 ₹-1,573,993
X
Management checks
We assess IndiaMART InterMESH's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. IndiaMART InterMESH has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

IndiaMART InterMESH Limited operates an online B2B marketplace that connects buyers with suppliers in India and internationally. Its platform serves small and medium enterprises, large enterprises, and individuals. The company was founded in 1996 and is headquartered in Noida, India.

Details
Name: IndiaMART InterMESH Limited
INDIAMART
Exchange: NSEI
Founded: 1996
₹57,961,103,244
28,919,820
Website: http://www.indiamart.com
Address: IndiaMART InterMESH Limited
Advant-Navis Business Park, Plot No. 7,
7th & 8th Floors,
Noida,
Uttar Pradesh, 201301,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI INDIAMART Equtiy Shares National Stock Exchange of India IN INR 04. Jul 2019
BSE 542726 Equtiy Shares Mumbai Stock Exchange IN INR 04. Jul 2019
Number of employees
Current staff
Staff numbers
2,995
IndiaMART InterMESH employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/11 13:05
End of day share price update: 2019/12/11 00:00
Last estimates confirmation: 2019/10/24
Last earnings filing: 2019/10/22
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.