IndiaMART InterMESH Ltd

IndiaMART InterMESH Ltd has announced the incorporation of its wholly-owned subsidiary, "IndiaMART Finance Limited". The incorporation was completed on August 04, 2026, with the issuance of a Certificate of Incorporation by the Registrar of Companies, Central Registration Centre, Ministry of Corporate Affairs. This move is in furtherance to their earlier intimation dated July 21, 2026, and complies with Regulation 30 of SEBI Listing Regulations 2015. The new entity is a company limited by shares, with CIN U64990DC2026PLC473863 and PAN AAJCI0529E*. The company's website will host the Certificate of Incorporation.

Nalanda India Equity Fund Limited has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding its shareholding in IndiaMART InterMESH Ltd. The fund reported a disposal of 90,000 shares, representing 0.15% of the total share capital. Following this transaction, Nalanda India Equity Fund's total holding in IndiaMART InterMESH Ltd stands at 4,358,106 shares, which is 7.25% of the total diluted share capital. The filing also notes a system glitch that caused a delay in reporting a 2% increase in total equity holding, which was due on June 16, 2026. The current holding is stated as 4,636,599 shares, equating to 7.71% of the total holding.

Nalanda India Equity Fund Limited has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding its shareholding in IndiaMART InterMESH Ltd. The fund sold 23,670 shares, reducing its total holding to 4,636,599 shares, representing 7.71% of the total diluted share capital. The sale occurred via the open market on July 21, 2026.

IndiaMART InterMESH Limited announced its agreement to subscribe to 4,630 Compulsory Convertible Preference Shares (CCPS) in Fleetx Technologies Private Limited for up to ₹64.99 Crores. Fleetx is an AI-powered fleet and logistics optimization platform. This investment aligns with IndiaMART's strategy to offer SaaS-based solutions for businesses. The transaction is expected to be completed within 30 days. Post-acquisition, IndiaMART's shareholding in Fleetx will be 25.80% on a fully diluted basis. Fleetx reported a turnover of ₹77.80 Crores for FY25.

Nalanda India Equity Fund Limited has filed a disclosure under SEBI's substantial acquisition regulations regarding its shareholding in IndiaMART InterMESH Ltd. The filing indicates a change in holdings, with the fund selling 423,115 shares. Post-transaction, Nalanda India Equity Fund holds approximately 7.71% of IndiaMART's total diluted share capital. The total share capital of IndiaMART InterMESH Ltd before the purchase was 601,431,480.

IndiaMART InterMESH Ltd has filed its Audited Consolidated and Standalone Financial Statements for the quarter ended June 30, 2026. The statements, prepared in accordance with Ind AS 34, have been audited by B S R & Co. LLP. The company has also disseminated these financial statements and the Auditor's Report on its investor website. The audit was conducted following the Standards on Auditing (SAs) under the Companies Act, 2013, and the auditors confirmed their independence and adherence to ethical requirements.

IndiaMART InterMESH Ltd announced that its Board of Directors met on July 21, 2026, to approve the audited consolidated and standalone financial results for the quarter ended June 30, 2026. The company also approved the incorporation of a wholly-owned subsidiary, 'IndiaMART Finance Limited', subject to necessary approvals. The financial results and auditors' reports are enclosed, and the results are also available on the company's investor relations website. The board meeting commenced at 11:00 a.m. and concluded at 3:15 p.m.

IndiaMART InterMESH Limited announced its audited financial results for the first quarter ended June 30, 2026. Consolidated Revenue from Operations grew by 11% year-on-year to ₹414 Crore, driven by an 11% increase in standalone revenue to ₹376 Crore. Collections from customers rose 8% YoY to ₹463 Crore, and deferred revenue increased 16% YoY to ₹2,014 Crore. Consolidated Net Profit stood at ₹172 Crore, a 12% YoY increase. The company highlighted operational growth with 26 million unique business enquiries and a 5% YoY increase in supplier storefronts to 8.8 million. The CEO expressed confidence in sustainable growth, leveraging AI for enhanced marketplace experience and stakeholder value.

IndiaMART InterMESH Ltd's Board of Directors met on July 21, 2026, to approve the audited consolidated and standalone financial results for the quarter ended June 30, 2026. The board also approved a proposal for the incorporation of a wholly-owned subsidiary in India, to be named "IndiaMART Finance Limited", subject to necessary approvals. The financial results, along with the auditors' reports, have been disseminated on the company's investor relations website. The meeting commenced at 11:00 a.m. and concluded at 3:15 p.m.

IndiaMART reported consolidated Q1 FY27 (quarter ended 30 June 2026) net profit of ₹172.2 Cr, up 12.2% year-on-year from ₹153.5 Cr, on revenue from operations of ₹414.4 Cr, up 11.4% YoY. The headline optically screams a +243% sequential profit jump (from ₹50.2 Cr in Q4 FY26), but that comparison is an artifact: Q4 carried a ₹33.9 Cr mark-to-market LOSS in other income, whereas this quarter other income was a positive ₹106.7 Cr. Strip out the treasury swing and the underlying picture is steady, not spectacular — operating (segment) profit of ₹146.5 Cr grew ~11% both YoY and QoQ, in line with the topline. Margins were broadly flat: operating margin of 35.4% sits marginally below the 35.9% of a year ago and well above Q4's depressed 32.8%; net margin held at 33.0%, essentially unchanged YoY. Growth continues to be ARPU-led rather than volume-led — the ₹42 Cr YoY revenue gain came on a supplier base management has flagged as challenged, consistent with the double-digit, price-hike-driven growth ambition set out on the Q4 concall. On that yardstick the quarter MEETS management's stated near-term aim; the company gives no formal quantitative guidance. Against the street, no firm pre-print consensus number surfaced — the prevailing analyst stance was Hold/neutral, with the key question being whether Q4's bottom-line compression was transient. This print answers that: the compression was a treasury/other-income effect, and core profitability has recovered. Beneath the consolidated line, the drag from newer bets persists. Share of associate losses was ₹14.6 Cr (vs ₹14.1 Cr a year ago), and the Accounting Software (Busy) segment, though growing revenue ~49% YoY to ₹38.5 Cr, remained loss-making at the segment-result level (−₹2.7 Cr). That is why standalone PAT of ₹176.1 Cr sits slightly ABOVE consolidated PAT — the marketplace core is more profitable than the group. Alongside results, the Board approved incorporating a wholly-owned subsidiary, IndiaMART Finance Limited, to offer short-term working-capital financing to platform users — a strategic push to deepen retention and monetisation, though immaterial in size at launch (₹5 lakh initial capital).