Skip to content
Intrinsic value · Buy/Sell verdict · scores — free· 1049 Indian stocks· EOD 2026-07-31

IndiaMART InterMESH Limited

INDIAMARTNSEConsumer Services
₹1,799.8
+56.70 (+3.25%)
Buy

Valuation (94/100) does the heavy lifting; momentum (15/100) is the drag.

Buy zone
The bottom line

StocksWizard rates IndiaMART InterMESH Limited a Buy, scoring 62/100 on our blended model. We put fair value near ₹2,797.56; at ₹1,799.8 that leaves roughly 55% upside, so the stock screens undervalued by 55%. On 25.1x trailing earnings it sits cheaper than the Consumer Services median of about 57.8x. It's sitting close to its 52-week low of ₹1,743. Financial health scores 86/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9. The average analyst target of ₹2,332.11 implies about 30% upside across 18 analysts. It clears 9 of 13 investability checks, with durability 85, valuation 87 and momentum 15 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹2,797.56up 55.44%
Undervalued by 55%
Price ₹1,799.8Range ₹899.9₹3,599.6
DCF + relative blendmedium confidence

With a 20% margin of safety, our buy-below price is ₹2,238.05.

Analyst views

18 analysts11 buy · 2 hold · 5 sell
12-month consensus target₹2,332.11up 29.58%

1-year price

EOD · 2026-07-31
1D
up 3.25%
1W
up 2.27%
1M
down 5.12%
3M
down 9.80%
6M
down 14.87%
1Y

52-week range

-30.66% from the 52-week high.

Trend check
Below 50-DMA₹1,922Below 200-DMA₹2,088

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Buy62
A
Financial health 86/100
Altman Z 4.42 · Safe zone

Piotroski F-score 4/9 — quality of earnings & balance sheet.

Our scores

Durability85
Valuation87
Momentum15

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 9 of 13 checks
Each check screens one fundamentals, valuation or trend signal.
  • Pass: ROE above 15%: 20.7%
  • Pass: Low debt (D/E < 0.5): 0.01x
  • Pass: Positive free cash flow
  • Pass: Revenue growth > 10%: 14%
  • Fail: Earnings growing: -72%
  • Pass: Net margin ≥ 10%: 30.3%
  • Pass: Current ratio > 1.5: 2.34
  • Pass: Below our fair value
  • Pass: Margin of safety ≥ 20%
  • Fail: Above 200-day average
  • Fail: Above 50-day average
  • No data: Positive 1-year return
  • Pass: Altman Z in safe zone: Z 4.42
  • Fail: Piotroski ≥ 7: 4/9

Quarterly results

Revenue · 1Q2026
₹404 Cr
Net profit
₹70 Cr
Margin
17%
2Q2025
3Q2025
4Q2025
1Q2026
Revenue Net profitLatest revenue QoQ +10%

Annual financials

Revenue · 2026
₹1,569 Cr
Net profit
₹475 Cr
Margin
30%
2023
2024
2025
2026
Revenue Net profitLatest revenue YoY +19%

Shareholding

  • Promoter56.0%
  • Institutions23.3%
  • Public & other20.7%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹11,871 Cr
P/E ratio
25.1
P/B ratio
4.94
EPS (TTM)
₹78.74
ROE
20.7%
Debt / Equity
0.01x
Profit margin
30.3%
Free cash flow
₹503 Cr
52-week high
₹2,595.55
-30.66% from high
52-week low
₹1,743
Dividend yield
1.5%
Beta
0.23
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Strong return on equity (20.7%).
  • Lightly leveraged balance sheet.
  • Healthy profit margin (30.3%).
  • Financially solid — Altman Z 4.42.

Opportunities

  • Revenue growing (14% YoY).
  • Trading in our value buy zone versus sector peers.
  • Trades ~55% below our estimated fair value.

Bear case

Weaknesses

  • Price below its 200-day moving average (downtrend).

Threats

  • Earnings contracting year on year.

About IndiaMART InterMESH Limited

IndiaMART InterMESH Limited operates an online B2B marketplace connecting domestic and international buyers with suppliers of business products and services. The platform serves small and medium enterprises, large enterprises, and individuals across India and globally, functioning as an interactive hub for commerce transactions.

IndiaMART InterMESH Limited — frequently asked questions

Is IndiaMART InterMESH Limited a buy, hold or sell?

StocksWizard currently rates IndiaMART InterMESH Limited (INDIAMART) a Buy, based on a blended score of 62/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is IndiaMART InterMESH Limited's fair value?

Our blended DCF and relative-valuation model estimates IndiaMART InterMESH Limited's fair value at about ₹2,797.56, versus a current price of ₹1,799.8 — roughly 55% upside. On that basis the stock looks undervalued by 55%.

Is IndiaMART InterMESH Limited financially healthy?

IndiaMART InterMESH Limited scores 86/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9.

How has IndiaMART InterMESH Limited's share price performed?

IndiaMART InterMESH Limited is down 10% over three months, and last traded at ₹1,799.8. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.