IndiaMART Reports Q1 FY27 Net Profit Up 12% to ₹172 Crore; Revenue Crosses ₹414 Crore

India's largest online B2B marketplace, IndiaMART InterMESH Limited (NSE: INDIAMART, BSE: 542726), today announced its audited consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27).

The company reported a strong top-line and bottom-line expansion, driven by continuous improvements in realization from paying suppliers and sustained growth in its accounting software division.

Consolidated Q1 FY27 Financial Highlights

(All figures in ₹ Million, unless specified otherwise)

Revenue from Operations: Reached ₹4,144 million (₹414.4 crore), marking an 11.4% Y-o-Y increase from ₹3,721 million in Q1 FY26 and up 2.5% sequentially over Q4 FY26 (₹4,043 million).

Total Income: Expanded 12.2% Y-o-Y to ₹5,211 million (₹521.1 crore), supported by ₹1,067 million in other income.

Consolidated EBITDA: Reported at ₹1,465 million (₹146.5 crore), representing an EBITDA margin of 35%.

Profit Before Tax (PBT): Rose 13.6% Y-o-Y to ₹2,317 million (₹231.7 crore), after accounting for a share in net loss of associates of ₹146 million.

Net Profit After Tax (PAT): Reached ₹1,722 million (₹172.2 crore), up 12.2% Y-o-Y from ₹1,535 million in Q1 FY26 and surging 243% sequentially compared to ₹502 million in Q4 FY26.

Deferred Revenue: Grew 16% Y-o-Y to ₹20,140 million (₹2,014 crore) as of June 30, 2026.

Cash & Investments: Total cash and investment balance stood strong at ₹35,530 million (₹3,553 crore).

Business Segment Performance

1. Web and Related Services (IndiaMART Standalone)

Segment Revenue: Rose 8.5% Y-o-Y to ₹3,759 million (₹375.9 crore) from ₹3,463 million in Q1 FY26.

Segment Results (EBIT): Increased to ₹1,492 million from ₹1,340 million in Q1 FY26.

Paying Suppliers: Stood at 218,000 at the end of the quarter.

Supplier Storefronts: Grew to 8.8 million, representing a 5% Y-o-Y increase.

Unique Business Enquiries: Registered 26 million during the quarter.

2. Accounting Software Services (Busy Infotech)

Segment Revenue: Surged 49.2% Y-o-Y to ₹385 million (₹38.5 crore) from ₹258 million in Q1 FY26.

Collections from Customers: Stood at ₹590 million (₹59 crore) for the quarter.

Deferred Revenue: Reached ₹1,460 million (₹146 crore).

Expense Breakdown & Financial Position

Total operational expenses for Q1 FY27 were reported at ₹2,748 million, up from ₹2,465 million in Q1 FY26:

Employee Benefits Expense: Accounted for ₹1,740 million (vs. ₹1,610 million in Q1 FY26).

Other Expenses: Stood at ₹939 million (vs. ₹776 million in Q1 FY26).

Depreciation & Amortization: Reported at ₹64 million.

Finance Costs: Stood at ₹5 million.

Tax Provisioning: Total tax expense for the quarter was ₹595 million (comprising ₹430 million in current tax and ₹165 million in deferred tax).

Per Share Data & Capital Base

Basic EPS: Increased to ₹28.66 per equity share (face value ₹10/- each), compared to ₹25.59 in Q1 FY26 and ₹8.36 in Q4 FY26.

Diluted EPS: Reached ₹28.56 per share.

Paid-Up Equity Share Capital: Stood at ₹601 million (face value ₹10/- per share).

Other Equity: Reported at ₹23,403 million as of March 31, 2026.

"We continued our emphasis on sustainable growth and elevating overall marketplace experience by building a highly trusted, reliable environment for our buyers and sellers. By prioritizing platform trust, we are fostering deeper, more meaningful engagement across our marketplace. Deployment of AI, from standardized cataloging and intelligent matchmaking to advanced conversational tools, is streamlining user interactions and driving efficiency. With a robust business model and strong cash generation, we remain confident in our ability to create long-term value for all our stakeholders." - Dinesh Agarwal, CEO of IndiaMART InterMESH Limited.

Shares of Indiamart Intermesh Limited was last trading in BSE at Rs. 1933.50 as compared to the previous close of Rs. 1910.10. The total number of shares traded during the day was 3734 in over 458 trades.

The stock hit an intraday high of Rs. 1954.75 and intraday low of 1894.50. The net turnover during the day was Rs. 7224175.00.

Source : Equity Bulls

Keywords

IndiamartIntermesh INE933S01016 Q1FY27 Q1FY2027 ResultUpdate