Projected Income Statement: IndiaMART InterMESH Limited

Forecast Balance Sheet: IndiaMART InterMESH Limited

Forecast Balance Sheet - IndiaMART InterMESH Limited
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Net Debt 1 -25,495 -25,667 -25,929 -32,928 -35,285 -40,767 -46,669 -53,148
Change - -0.67% -1.02% -26.99% -7.16% -15.54% -14.48% -13.88%
Announcement Date 28/04/22 28/04/23 30/04/24 29/04/25 30/04/26 - - -
1INR in Million
Estimates

Cash Flow Forecast: IndiaMART InterMESH Limited

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
CAPEX 1 44 172 147 79 70 318.3 263 335.8
Change - 290.91% -14.53% -46.26% -11.39% 354.76% -17.38% 27.67%
Free Cash Flow (FCF) 1 3,979 4,587 5,445 6,153 6,872 5,660 6,142 7,028
Change - 15.28% 18.71% 13% 11.69% -17.63% 8.51% 14.42%
Announcement Date 28/04/22 28/04/23 30/04/24 29/04/25 30/04/26 - - -
1INR in Million
Estimates

Forecast Financial Ratios: IndiaMART InterMESH Limited

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029

Profitability

        
EBITDA Margin (%) 40.85% 27.19% 27.69% 37.65% 33.78% 35.54% 34.44% 33.45%
EBIT Margin (%) 39.27% 24.03% 24.64% 35.29% 31.97% 33.78% 32.66% 31.65%
EBT Margin (%) 53.44% 41.53% 37.97% 50.84% 41.29% 44.42% 44.7% 42.87%
Net margin (%) 39.5% 28.8% 27.91% 39.66% 30.25% 31.43% 31.99% 30.99%
FCF margin (%) 52.81% 46.55% 45.5% 44.32% 43.8% 32.89% 32.45% 33.65%
FCF / Net Income (%) 133.7% 161.63% 163.02% 111.73% 144.77% 104.65% 101.42% 108.59%

Profitability

        
ROA - - 9.69% 14.53% 10.84% 11.3% 11.95% 12.6%
ROE 17.08% 14.43% 17.6% 28.09% 20.7% 21.22% 21.81% 21.21%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 0.58% 1.75% 1.23% 0.57% 0.45% 1.85% 1.39% 1.61%
CAPEX / EBITDA (%) 1.43% 6.42% 4.44% 1.51% 1.32% 5.21% 4.03% 4.81%
CAPEX / FCF (%) 1.11% 3.75% 2.7% 1.28% 1.02% 5.62% 4.28% 4.78%

Items per share

        
Cash flow per share 1 - - - - - - - -
Change - - - - - - - -
Dividend per Share 1 1 10 20 50 60 56.4 61.6 70.48
Change - 900% 100% 150% 20% -5.99% 9.22% 14.41%
Book Value Per Share 1 306.2 336.2 289.8 364.3 399.4 436.6 479.4 514.9
Change - 9.79% -13.79% 25.71% 9.62% 9.32% 9.8% 7.39%
EPS 1 48.42 46.32 59.7 91.59 78.77 89.33 100.4 107.2
Change - -4.35% 28.9% 53.42% -14% 13.41% 12.42% 6.78%
Nbr of stocks (in thousands) 61,129 61,229 59,930 60,003 60,056 60,134 60,134 60,134
Announcement Date 28/04/22 28/04/23 30/04/24 29/04/25 30/04/26 - - -
1INR
Estimates
2027 *2028 *
P/E 17.2x 15.5x
PBR 3.6x 3.23x
EV / Sales 3.12x 2.54x
Yield 3.57% 3.86%

EPS & Dividend

EPS & Dividend - IndiaMART InterMESH Limited


Y-o-Y evolution of P/E

Valuation ratios - P/E - IndiaMART InterMESH Limited
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - IndiaMART InterMESH Limited
Trader
Investor
Global
Quality
ESG MSCI
-
MarketScreener Ratings - IndiaMART InterMESH Limited
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
1,572.70INR
Average target price
2,061.83INR
Spread / Average Target
+31.10%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - IndiaMART InterMESH Limited
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