IndiaMART InterMESH Reports FY26 Results, Recommends ₹60 Dividend Per Share

IndiaMART InterMESH Limited's Board of Directors convened on April 30, 2026, to approve the audited consolidated and standalone financial results for the quarter and financial year ended March 31, 2026. The statutory auditors, B S R & Co. LLP, issued an unmodified audit opinion on these results. The company has recommended a total dividend of ₹60 per equity share for FY26, comprising a final dividend of ₹30 per share and a special dividend of ₹30 per share, subject to shareholder approval at the Annual General Meeting scheduled for June 29, 2026.

Regulatory Compliance and Publication

Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, IndiaMART published its audited financial results in leading newspapers on May 01, 2026. The advertisements appeared in Mint (English Language National Daily Newspaper – All India) and Hindustan (Hindi Language Daily Newspaper – Delhi). The company has made these newspaper advertisements available on its investor website for stakeholder access.

Consolidated Financial Performance

For the financial year ended March 31, 2026, IndiaMART reported consolidated revenue from operations of ₹15,690 million, compared to ₹13,884 million in the previous year. Total income stood at ₹17,731 million in FY26 against ₹16,608 million in FY25. The company recorded a consolidated net profit of ₹4,747 million for FY26, lower than ₹5,507 million reported in the preceding year. Basic earnings per share (annualised) declined to ₹79.07 from ₹91.84 in FY25.

Particulars: Year ended March 31, 2026 (₹ million) Year ended March 31, 2025 (₹ million) Revenue from operations: 15,690 13,884 Total income: 17,731 16,608 Total expenses: 10,704 9,059 Profit before tax: 6,479 7,058 Net profit: 4,747 5,507 Basic EPS (₹10 per share): 79.07 91.84

For the quarter ended March 31, 2026, consolidated revenue from operations reached ₹4,043 million, while net profit stood at ₹502 million. The company reported share in net loss of associates at ₹548 million for the full year.

Segment Performance

The Group operates through two reportable business segments: Web and related services, and Accounting Software services. Web and related services generated segment revenue of ₹14,430 million in FY26, while Accounting Software services contributed ₹1,261 million. The Web and related services segment reported a segment result of ₹5,328 million, whereas Accounting Software services recorded a loss of ₹28 million for the year.

Balance Sheet and Cash Flows

As of March 31, 2026, the company's consolidated total assets stood at ₹46,246 million, compared to ₹41,337 million in the previous year. Total equity increased to ₹24,004 million from ₹21,853 million. Cash and cash equivalents at the end of FY26 amounted to ₹804 million. The company generated net cash from operating activities of ₹6,942 million during the year, while net cash used in investing and financing activities stood at ₹3,473 million and ₹3,400 million respectively.

Standalone Results

On a standalone basis, revenue from operations for FY26 reached ₹14,428 million, compared to ₹13,201 million in FY25. Standalone net profit for the year was ₹5,252 million, lower than ₹6,072 million in the previous year. Basic earnings per share (annualised) on a standalone basis stood at ₹87.49 for FY26.

Corporate Actions

The Board has fixed Friday, June 19, 2026, as the record date for determining shareholders eligible for the dividend payment. The 27th Annual General Meeting will be held on Monday, June 29, 2026, at 10:00 a.m. IST through video conferencing and other audio visual means. During FY26, the company granted 406,730 Stock Appreciation Rights to eligible employees at a weighted average share price of ₹2,245 per share.

IndiaMART InterMESH Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026, along with a significant dividend declaration and operational updates highlighting AI implementation and platform quality improvements. The Board of Directors, in its meeting held on April 30, 2026, approved the audited consolidated and standalone financial results and recommended a total dividend of ₹60 per equity share for FY2025-26.

Q4 EBITDA Performance

For the fourth quarter, the company reported EBITDA of ₹1.32 billion compared to ₹1.3 billion in the same period last year, marking a marginal increase. However, the EBITDA margin compressed to 32.80% from 36.72% year-on-year, indicating pressure on operational efficiency despite revenue growth.

Q4 Metric: Current Period Previous Year Change EBITDA: ₹1.32 billion ₹1.3 billion +1.54% EBITDA Margin: 32.80% 36.72% -392 bps

Platform Performance and AI Implementation

The company demonstrated strong operational metrics during Q4 FY26, with the platform generating 27 million unique business inquiries. The supplier ecosystem continued to expand, with supplier storefronts reaching 8.7 million, representing a 5% year-over-year growth. The paying supplier base strengthened to 220K, reflecting the platform's value proposition.

Operational Metric: Q4 FY26 Performance Unique Business Inquiries: 27 million Supplier Storefronts: 8.7 million YoY Growth (Storefronts): 5% Paying Suppliers: 220K

The Co-CEO emphasized the company's focus on AI utilization and platform quality improvements as key strategic initiatives to enhance user experience and operational efficiency.

Dividend Declaration

The Board recommended a final dividend of ₹30 per equity share of face value ₹10 each and a special dividend of ₹30 per equity share, aggregating to ₹60 per share. This is subject to shareholder approval at the 27th Annual General Meeting scheduled for June 29, 2026. The dividend will be paid within 30 days from the date of declaration and approval. Pursuant to Regulation 42 of Listing Regulations, the Board has fixed Friday, June 19, 2026 as the Record Date for determining eligible shareholders.

Financial Performance Summary

For the financial year ended March 31, 2026, the company reported comprehensive consolidated performance across key metrics:

Parameter: FY2026 (INR million) FY2025 (INR million) Revenue from operations: 15,690 13,884 Total income: 17,731 16,608 Total expenses: 10,704 9,059 Profit before tax: 6,479 7,058 Net profit: 4,747 5,507 Basic EPS (annualised): 79.07 91.84

For the quarter ended March 31, 2026, revenue from operations stood at ₹4,043 million, with net profit of ₹502 million. The standalone results showed net profit of ₹5,252 million for FY26, with basic EPS of ₹87.49 (annualised).

Segment Performance and Compliance

The Group operates through two reportable business segments. Web and related services generated revenue of ₹14,429 million from external customers for FY26, while Accounting Software services contributed ₹1,261 million. The segment result for Web and related services was ₹5,328 million, while Accounting Software services reported a loss of ₹28 million.

B S R & Co. LLP, statutory auditors, have issued an unmodified audit opinion on both consolidated and standalone annual financial results. The auditors confirmed that the financial results give a true and fair view in conformity with Indian Accounting Standards.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.