The shares of IndiaMART InterMESH gained 4.2% to an intraday high of Rs 2,430 on the BSE on Wednesday, April 30, after the company reported its Q4FY25 numbers, wherein the consolidated net profit came in at Rs 180.6 crore.
This marks an increase of 81.3% over the net profit of Rs 99.6 crore posted in the corresponding quarter of the previous financial year (Q4FY24).
The company’s consolidated revenue for the quarter stood at Rs 355 crore, registering a year-on-year growth of 12.8% as compared to Rs 315 crore in Q4FY24.
The earnings before interest, tax, depreciation, and amortization (EBITDA) also saw a notable improvement, rising 47.5% to Rs 130.4 crore in Q4FY25 from Rs 88.4 crore in the year-ago period.
Alongside this, IndiaMART's EBITDA margin expanded significantly by 863 basis points to 36.7%, up from 28.1% in Q4FY24, reflecting enhanced operational efficiency during the quarter.
In addition to the quarterly earnings, the company announced a final dividend of Re 1 for the financial year ended March 31, 2025.
Also read: IndusInd Bank shares in focus after CEO Sumant Kathpalia resigns amid derivatives accounting row
Following the Q4 results, domestic brokerage firm Nuvama retained a 'Reduce' rating on IndiaMART and raised the target price to Rs 2,100 from Rs 1,970. It noted that the Q4FY25 revenue stood at Rs 3.6 billion, up 12.8% YoY and in line with estimates. The EBITDA margin was 36.7%, slightly below the expected 37.6%. PAT came in at Rs 1.8 billion, ahead of the Rs 1.2 billion estimate due to fair value gains on investments.
Standalone collection growth was modest at 9% YoY. Subscriber addition remained benign, while churn stayed elevated. Silver subscriber churn continued to remain high. EPS estimates for FY26 and FY27 were revised upward by 6.9% and 7.3%, respectively. Margins remained elevated, and medium-term growth pressure persisted.
IndiaMart share price history
Over the past one year, the shares of IndiaMart have declined by 11.20%, while the year-to-date (YTD) performance shows a modest gain of 2.00%. In the last six months, the stock fell 8.75%, whereas it posted gains of 12.26% over the three-month period and 12.86% over the one-month period.
IndiaMart shares, on Tuesday, closed 4.3% higher at Rs 2,331.10 on the BSE.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
This marks an increase of 81.3% over the net profit of Rs 99.6 crore posted in the corresponding quarter of the previous financial year (Q4FY24).
The company’s consolidated revenue for the quarter stood at Rs 355 crore, registering a year-on-year growth of 12.8% as compared to Rs 315 crore in Q4FY24.
The earnings before interest, tax, depreciation, and amortization (EBITDA) also saw a notable improvement, rising 47.5% to Rs 130.4 crore in Q4FY25 from Rs 88.4 crore in the year-ago period.
Alongside this, IndiaMART's EBITDA margin expanded significantly by 863 basis points to 36.7%, up from 28.1% in Q4FY24, reflecting enhanced operational efficiency during the quarter.
In addition to the quarterly earnings, the company announced a final dividend of Re 1 for the financial year ended March 31, 2025.
Also read: IndusInd Bank shares in focus after CEO Sumant Kathpalia resigns amid derivatives accounting row
Following the Q4 results, domestic brokerage firm Nuvama retained a 'Reduce' rating on IndiaMART and raised the target price to Rs 2,100 from Rs 1,970. It noted that the Q4FY25 revenue stood at Rs 3.6 billion, up 12.8% YoY and in line with estimates. The EBITDA margin was 36.7%, slightly below the expected 37.6%. PAT came in at Rs 1.8 billion, ahead of the Rs 1.2 billion estimate due to fair value gains on investments.
Standalone collection growth was modest at 9% YoY. Subscriber addition remained benign, while churn stayed elevated. Silver subscriber churn continued to remain high. EPS estimates for FY26 and FY27 were revised upward by 6.9% and 7.3%, respectively. Margins remained elevated, and medium-term growth pressure persisted.
IndiaMart share price history
Over the past one year, the shares of IndiaMart have declined by 11.20%, while the year-to-date (YTD) performance shows a modest gain of 2.00%. In the last six months, the stock fell 8.75%, whereas it posted gains of 12.26% over the three-month period and 12.86% over the one-month period.
IndiaMart shares, on Tuesday, closed 4.3% higher at Rs 2,331.10 on the BSE.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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