Buy IndiaMART; target of Rs 6150: Motilal Oswal
Motilal Oswal is bullish on IndiaMART recommended buy rating on the stock with a target price of Rs 6150 in its research report dated April 30, 2022.03-05-2022
03-05-2022
IndiaMART InterMESH Ltd - 542726 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
ln accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the schedule of analyst/ institutional investor meet/call held on April 30, 2022 with Invesco Asset Management (India) Private Limited through Telephonic mode. During the said meet/call, no unpublished price sensitive information was shared. The latest Investor Presentation is available on the website of the Company, i.e., https://investor.indiamart.com Please take the above information on record.01-05-2022
IndiaMART InterMESH Ltd - 542726 - Announcement under Regulation 30 (LODR)-Public Announcement-Buyback of Shares
This is in furtherance to our letter dated April 28, 2022 informing the outcome of the Board Meeting held on the same date that approved, inter alia, the Buyback of our Equity Shares by the way of tender offer. In this connection, we are pleased to inform you that pursuant to Regulation 7 of the Buyback Regulations, the Company has published the Public Announcement dated April 29, 2022 for the Buyback on April 30, 2022, in the attached newspapers. We request you to take the above information on record.30-04-2022
Earnings Call for Q4FY22 of IndiaMART InterMESH
Conference Call with IndiaMART InterMESH Management and Analysts on Q4FY22 Performance and Outlook. Listen to the full earnings transcript.29-04-2022
IndiaMART InterMESH Ltd - 542726 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy of the advertisements published in the following newspapers on April 29, 2022 with respect to Audited Consolidated Financial Results for the quarter and year ended March 31, 2022: Mint (English Language National Daily Newspaper - All India); and Hindustan (Hindi Language Daily Newspaper - Delhi). The copies of newspaper advertisements are also available on the Company's website at https://investor.indiamart.com/. Kindly take the same on your records.29-04-2022
Q4FY22 Quarterly Result Announced for IndiaMART InterMESH Ltd.
Internet Software & Services firm IndiaMART InterMESH declares Q4FY22 result: FY2022 vs. FY2021: Consolidated Revenue from Operations of Rs. 753 Crore, YoY growth of 13% Consolidated Cash generated from Operations at Rs. 402 Crore; YoY growth of 25% Consolidated Net Profit of Rs. 298 Crore, YoY growth of 6% Board of Directors recommended final dividend of Rs. 2 per share Board of Directors has approved buyback of 160,000 Equity shares, for an aggregating upto Rs.100 Crore Q4 FY2022 vs. Q4 FY2021: Consolidated Revenue from Operations of Rs. 201 Crore, YoY growth of 12% Consolidated Net Profit of Rs. 57 Crore Consolidated Cash generated from Operations at Rs. 158 Crore IndiaMART reported consolidated Total Revenue from Operations of Rs. 201 Crore in Q4 FY22, a growth of 12% YoY primarily driven by 11% increase in in number of paying subscription suppliers and marginal improvement in realization from existing customers. Consolidated Deferred Revenue grew by 25% YoY to Rs. 907 Crore as on March 31, 2022. Consolidated EBITDA was Rs. 57 Crore and EBITDA margin for Q4 FY22 stood at 28% as compared to 48% for Q4 FY21. The margin declined primarily due to investments being made for growth in manpower as well as sales and distribution which has resulted into increased customer addition. Consolidated EBIT for the period was Rs. 54 Crore with EBIT margin of 27% in Q4 FY22. Profit before Tax was at Rs. 77 Crore and Net Profit was Rs. 57 Crores, representing margins of 33% and 25% respectively. Commenting on the performance, Mr. Dinesh Agarwal, Chief Executive Officer, said: “We are happy to close the financial year on a strong note with growth in customers, revenue and cash flows while maintaining healthy margins in the business. Growing cash flow from operations resulting into strong balance sheet enables us to build newer capabilities as well as create a large talent pool to meet the evolving customer needs. With the increasing internet adoption, we remain committed to enabling businesses to transform themselves as well as building a strong and sustainable foundation for leveraging the growth opportunities ahead to create long term shareholder value.” Result PDF29-04-2022
IndiaMART, Tazapay partner to facilitate cross-border transactions for exporters in India
The partnership will help exporters have a customized seamless payment solution for B2B trades, explained the firms in a joint statement.28-04-2022
IndiaMART InterMESH Ltd - 542726 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Investor Presentation on Audited (Standalone and Consolidated) Financial Results of the Company for the quarter and the year ended March 31, 2022. Please take the above information on record.28-04-2022
IndiaMART InterMESH Ltd - 542726 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Press Release on the Audited (Standalone and Consolidated) Financial Results of the Company for the quarter and the year ended March 31, 2022. Please take above information on record.28-04-2022
IndiaMART InterMESH Ltd - 542726 - Statement Of Deviation Or Variation In Utilization Of Funds
Pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Statement of Deviation or Variation in utilization of funds raised through QIP by the Company, for the quarter and the year ended March 31, 2022, reviewed by the Audit Committee at its meeting held yesterday i.e., Wednesday, April 27, 2022. Please take above information on record.28-04-2022