External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

Equity Bottom-Up

Key points (machine generated)<ul><li>IndiaMart is India's largest online B2B marketplace with a market cap of $2 billion.</li><li>The company has a 60% market share of B2B e-commerce in India, indicating a large potential for growth.</li><li>IndiaMart benefits from a negative working capital business model, upfront supplier subscription payments, and a net cash balance sheet. It also has the option to invest in new business lines to expand its monetization opportunities. Despite limited advertising spend, the platform attracts over 1 billion in traffic.</li></ul>This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Key points (machine generated)IndiaMart is India's largest online B2B marketplace with a market cap of $2 billion.The company has a 60% market share of B2B e-commerce in India, indicating a large potential for growth.IndiaMart benefits from a negative working capital business model, upfront supplier subscription payments, and a net cash balance sheet. It also has the option to invest in new business lines to expand its monetization opportunities. Despite limited advertising spend, the platform attracts over 1 billion in traffic.This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Indiamart Intermesh (INDIAMART) - Friday, Oct 20, 2023

External broker reports(aggregated public sources), Axis Direct

Axis Direct

External broker reports(aggregated public sources)

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<ul><li>Indiamart Intermesh Ltd (Indiamart) reported revenue of Rs 295 Cr in Q2FY24, up 5% QoQ and 23% YoY, which stood in line with our expectations.</li><li>The company’s operating profit stood at Rs 80 Cr, reporting a growth of 15% on a QoQ basis, which was led by lower employee costs during the quarter.</li><li>Its operating margins improved by 240bps to 27%, largely driven by moderated employee expenses.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Indiamart Intermesh Ltd (Indiamart) reported revenue of Rs 295 Cr in Q2FY24, up 5% QoQ and 23% YoY, which stood in line with our expectations.The company’s operating profit stood at Rs 80 Cr, reporting a growth of 15% on a QoQ basis, which was led by lower employee costs during the quarter.Its operating margins improved by 240bps to 27%, largely driven by moderated employee expenses.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Indiamart Intermesh Ltd - Robust Result; Market Share Gain Continues

<ul><li>Indiamart provides online B2B marketplace for business products and services.</li><li>It makes it easier to do business by connecting buyers (Indian small and medium enterprises SMEs, and large corporate) and sellers across product categories and geographies in India through business enablement solutions.</li><li>It provides ease and convenience to the buyers by offering a wide assortment of products and a responsive seller base while offering lead generation, lead management and payment solutions to its sellers.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Indiamart provides online B2B marketplace for business products and services.It makes it easier to do business by connecting buyers (Indian small and medium enterprises SMEs, and large corporate) and sellers across product categories and geographies in India through business enablement solutions.It provides ease and convenience to the buyers by offering a wide assortment of products and a responsive seller base while offering lead generation, lead management and payment solutions to its sellers.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Pick of the Week - Indiamart Intermesh Ltd - 31 JULY 2023

<ul><li>Indiamart Intermesh Ltd (Indiamart) reported revenue of Rs 282 Cr in Q1FY24, up 5% QoQ and 26% YoY, which stood above our expectations.</li><li>The company’s operating profit stood at Rs 84 Cr, reporting a growth of 20% on a QoQ basis, which was led by lower employee costs during the quarter.</li><li>Its operating margins improved by 200bps to 27%, largely driven by moderated employee expenses. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Indiamart Intermesh Ltd (Indiamart) reported revenue of Rs 282 Cr in Q1FY24, up 5% QoQ and 26% YoY, which stood above our expectations.The company’s operating profit stood at Rs 84 Cr, reporting a growth of 20% on a QoQ basis, which was led by lower employee costs during the quarter.Its operating margins improved by 200bps to 27%, largely driven by moderated employee expenses. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Indiamart Intermesh Ltd. - Robust Result; Market Share Gain Continues

Thematic (Sector/Industry)

<ul><li>Despite the delay in automation spending, deal wins remained strong during the quarter.</li><li>Many Indian IT service companies reported the highest-ever order book despite the lack of near-term visibility.</li><li>The attrition rate has dropped as we see some easing on the supply side. This would help IT service companies improve their operating margins.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Despite the delay in automation spending, deal wins remained strong during the quarter.Many Indian IT service companies reported the highest-ever order book despite the lack of near-term visibility.The attrition rate has dropped as we see some easing on the supply side. This would help IT service companies improve their operating margins.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

India

IndiaMart InterMesh Limited operates as an e-commerce company. The Company offers air coolers, tower fans, washing machines, mixer grinders, barcode printers, steel pipes, tubes, water tanks, roofing supplies, mobile phones, computers, automobile parts, and machine tools. IndiaMart Intermesh markets its products in India

IndiaMart (INMART IN)

Indiamart Intermesh (INDIAMART) - Friday, Oct 20, 2023

IndiaMart is India's largest online B2B marketplace with a market cap of $2 billion.The company has a 60% market share of B2B e-commerce in India,...

Value Investors Club

Pick of the Week - Indiamart Intermesh Ltd - 31 JULY 2023

It makes it easier to do business by connecting buyers (Indian small and medium enterprises SMEs, and large corporate) and sellers across product...

Axis Direct

Top Sector Ideas - IT Services

Despite the delay in automation spending, deal wins remained strong during the quarter. Many Indian IT service companies reported the highest-ever...

Axis Direct