|
07 May 2025 |
IndiaMART InterMESH
|
Consensus Share Price Target
|
2209.20 |
2467.10 |
- |
11.67 |
hold
|
|
|
|
|
09 May 2023
|
IndiaMART InterMESH
|
ICICI Securities Limited
|
2209.20
|
7000.00
|
5985.65
(-63.09%)
|
Pre-Bonus/ Split |
Buy
|
|
|
IndiaMART’s Q4FY23 revenue growth was driven by a combination of increasing ARPU (led by mix improvement) and paying subscribers (increasing penetration). Management also indicated robust renewals in the premium subscriber segments and sounded confident (more than earlier) of continued strong growth in FY24 (addition of 8k-9k paying suppliers expected per quarter).
|
|
09 May 2023
|
IndiaMART InterMESH
|
ICICI Securities Limited
|
2209.20
|
7000.00
|
5985.65
(-63.09%)
|
Pre-Bonus/ Split |
Buy
|
|
|
IndiaMART’s Q4FY23 revenue growth was driven by a combination of increasing ARPU (led by mix improvement) and paying subscribers (increasing penetration). Management also indicated robust renewals in the premium subscriber segments and sounded confident (more than earlier) of continued strong growth in FY24 (addition of 8k-9k paying suppliers expected per quarter).
|
|
02 May 2023
|
IndiaMART InterMESH
|
Keynote Capitals Ltd
|
2209.20
|
5824.00
|
5628.15
(-60.75%)
|
Target met |
Neutral
|
|
|
Quarterly Update Q4FY23
|
|
02 May 2023
|
IndiaMART InterMESH
|
Axis Direct
|
2209.20
|
6170.00
|
5628.15
(-60.75%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Company Outlook & Guidance: Employee cost to moderate going ahead which will help the company in improving its operating margins profile. The outlook on revenue growth momentum still remains strong.
|
|
23 Jan 2023
|
IndiaMART InterMESH
|
Axis Direct
|
2209.20
|
5280.00
|
4594.95
(-51.92%)
|
Target met |
Buy
|
|
|
Given the company's strong growth potential backed by a robust product profile with leading market share and superior execution capabilities, we maintain our BUY recommendation on the stock.
|
|
22 Jan 2023
|
IndiaMART InterMESH
|
Motilal Oswal
|
2209.20
|
5500.00
|
4549.60
(-51.44%)
|
Target met |
Buy
|
|
|
|
|
20 Jan 2023
|
IndiaMART InterMESH
|
Keynote Capitals Ltd
|
2209.20
|
5074.00
|
4549.60
(-51.44%)
|
Target met |
Buy
|
|
|
Quarterly Update Q3FY23
|
|
20 Jan 2023
|
IndiaMART InterMESH
|
ICICI Securities Limited
|
2209.20
|
6000.00
|
4479.50
(-50.68%)
|
Target met |
Buy
|
|
|
IndiaMART’s Q3FY23 revenue grew ~34% YoY and ~4.5% QoQ. We believe this re-iterates our thesis on strong growth in the B2B e-commerce segment.
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|
30 Oct 2022
|
IndiaMART InterMESH
|
Axis Direct
|
2209.20
|
5280.00
|
4541.40
(-51.35%)
|
Target met |
Buy
|
|
|
We recommend a BUY rating on the stock and assign a 35x P/E multiple to its FY24E earnings of Rs 150.8/share to arrive at a TP of Rs 5,280/share, implying an upside potential of 21% from the CMP.
|
|
24 Oct 2022
|
IndiaMART InterMESH
|
Keynote Capitals Ltd
|
2209.20
|
5188.00
|
4567.25
(-51.63%)
|
Target met |
Buy
|
|
|
Quarterly Update Q2FY23
|