Last Updated on January 26, 2025 by IPO Manthan Team
IndiaMART InterMESH Ltd is a leading B2B e-commerce platform in India, connecting buyers and suppliers across various industries. This blog will provide a detailed overview of the company’s share performance, financial highlights, and most importantly, the IndiaMART Share Price Target from 2025 to 2040. Let’s explore!
IndiaMART Share Details
| Detail | Information |
|---|---|
| Current Share Price | ₹2,083.40 |
| Market Capitalization | ₹12,507 Crores |
| 52-Week High/Low | ₹3,199 / ₹2,064 |
| P/E Ratio | 26.6 |
| Dividend Yield | 0.96% |
| EPS (Earnings Per Share) | ₹78.30 |
IndiaMART shares have shown a return of +11.16% over the past year, reflecting stable market performance despite fluctuations. The company’s strong fundamentals make it a favorite among investors.
IndiaMART Company Information
IndiaMART was founded in 1999 by Dinesh Agarwal and Brijesh Agrawal and is headquartered in Noida, Uttar Pradesh. It has become a vital link for buyers and suppliers across industries, especially small and medium enterprises (SMEs). With approximately 5,384 employees, the company operates India’s largest online B2B marketplace.
| Founded | 1999 |
|---|---|
| Headquarters | Noida, Uttar Pradesh |
| Employees | ~5,384 |
| Website | IndiaMART |
IndiaMART’s mission is to “make doing business easy,” focusing on empowering businesses through technology and creating a seamless digital platform.
IndiaMART Business Overview
IndiaMART operates in two primary segments:
| Segment | Description |
|---|---|
| Web and Related Services | Facilitates domestic and international buyer-supplier transactions. |
| Accounting Software Services | Develops business accounting tools to enhance operational efficiency. |
The platform connects over 81 lakh suppliers with approximately 20 crore buyers, offering a range of products and services, including:
- Products: Machinery, apparel, medical equipment, chemicals, and more.
- Services: Business promotion, logistics support, lead management systems, and payment protection.
IndiaMART has a dominant market share of 60% in India’s online B2B classified market.
IndiaMART Financials
IndiaMART has shown strong revenue growth but faced some challenges in profitability. Below is a summary of its financial metrics:
| Particulars | FY2021 | FY2022 | FY2023 | % Change (FY22-FY23) |
|---|---|---|---|---|
| Net Sales | ₹665.05 | ₹750.77 | ₹938.82 | 25.0% |
| Total Revenue | ₹750.21 | ₹858.63 | ₹1,051.70 | 22.5% |
| Profit After Tax | ₹286.71 | ₹309.82 | ₹272.19 | -12.2% |
| Earnings Per Share (Basic) | ₹98.53 | ₹101.83 | ₹89.14 | -12.3% |
| Dividends per Share | ₹0 | ₹6.11 | ₹61.16 | – |
Key Financial Ratios
- ROE (Return on Equity): 17.6%
- ROCE (Return on Capital Employed): 23.9%
- Debt Status: IndiaMART is virtually debt-free.
Despite declining profits in FY2023, the company maintains strong fundamentals, making it an attractive option for long-term investors.
IndiaMART Shareholding Pattern
| Category | Percentage (%) |
|---|---|
| Promoters | 49.17% |
| FIIs (Foreign Institutional Investors) | 21.06% |
| Mutual Funds (MFs) | 11.97% |
| Retail and Other Investors | 15.92% |
| Other Domestic Institutions | 1.88% |
The significant presence of institutional investors reflects confidence in the company’s long-term growth prospects.
IndiaMART Share Price Target (2025-2040)
| Year | Initial Target (₹) | Year-End Target (₹) |
|---|---|---|
| IndiaMART Share Price Target 2025 | 2,339.11 | 3,309.21 |
| IndiaMART Share Price Target 2026 | 3,104.99 | 4,392.72 |
| IndiaMART Share Price Target 2027 | 4,121.64 | 5,830.99 |
| IndiaMART Share Price Target 2028 | 5,471.16 | 7,740.20 |
| IndiaMART Share Price Target 2029 | 7,262.54 | 10,274.51 |
| IndiaMART Share Price Target 2030 | 9,640.46 | 13,638.63 |
| IndiaMART Share Price Target 2040 | Not Specified | Projections suggest substantial growth based on market trends |
Key Insights
- Steady Growth: Share price is expected to rise consistently due to market demand and operational performance.
- 2030 Vision: By the end of 2030, the share price could reach ₹13,638.63.
- Long-Term Growth: Projections for 2040 indicate substantial growth, driven by IndiaMART’s expanding market dominance and innovation.
IndiaMART Peer Comparison
| Company | Founded | Headquarters | Market Focus | Key Features |
|---|---|---|---|---|
| IndiaMART | 1999 | Noida, India | B2B Marketplace | Vast product range, lead management, payment solutions |
| TradeIndia | 1996 | New Delhi, India | B2B Marketplace | Comprehensive platform for various sectors |
| Alibaba India | 1999 | Hangzhou, China | B2B Marketplace | Global reach, extensive supplier network |
| Udaan | 2016 | Bangalore, India | Wholesale B2B Trade | Focus on wholesale trade across segments |
IndiaMART holds a 60% market share in India’s online B2B classified sector, making it a dominant player. While competitors like Alibaba India offer global reach, IndiaMART’s localized approach gives it an edge in the domestic market.
IndiaMART FAQs
1. What is the share price target for IndiaMART in 2025?
The initial target for 2025 is ₹2,339.11, with a year-end target of ₹3,309.21.
2. What makes IndiaMART a good investment?
IndiaMART’s strong fundamentals, robust revenue growth, and dominant market position make it a promising long-term investment.
3. How does IndiaMART compare to its competitors?
IndiaMART holds a significant edge in the domestic B2B market, with a 60% share and a vast product range compared to its peers.
4. What are the risks of investing in IndiaMART?
Potential risks include dependency on other income sources and fluctuations in operational costs.
Final Words
The IndiaMART Share Price Target reflects the company’s promising trajectory in India’s growing B2B e-commerce space. With strong fundamentals, consistent revenue growth, and a dominant market position, IndiaMART offers a compelling investment opportunity for long-term growth. However, as with any investment, thorough research and market analysis are advised before making decisions.