IndiaMART InterMESH Ltd (NSE:INDIAMART)

Q1 2027 Indiamart Intermesh Ltd Earnings Call Transcript

Jul 21, 2026 / 11:30 AM GMT

Release Date Price: ₹1918 (-0.77%)

Transcript

Key Points

Positve

IndiaMART InterMESH Ltd (BOM:542726) reported a consolidated revenue growth of 11% year-on-year for Q1 FY27.
The company saw a 16% year-on-year increase in consolidated deferred revenue, indicating strong future revenue potential.
Subscription plans, particularly platinum and gold, which contribute significantly to revenue, maintained high upsell and retention rates.
IndiaMART is enhancing its platform with AI capabilities, including intelligent matchmaking and content moderation, to improve user experience.
The company has introduced a buyer payment protection program to enhance trust and safety on its platform.

Negative

The total paying supplier base decreased by 1,850 suppliers during the quarter, attributed to moderation in gross additions and elevated churn at the Silver subscription level.
There is a noted decline in the number of buyers on the platform, raising concerns about buyer engagement and retention.
The growth in collections for the Busy accounting software was lower than expected, attributed to a one-time impact in the previous year.
The company faces challenges in increasing the number of unique business inquiries, which have remained flat.
There is uncertainty regarding the impact of large language models (LLMs) on search engine traffic, which could affect IndiaMART's visibility and user acquisition.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

INMR.NS - IndiaMART InterMESH Ltd
Q1 2027 Indiamart Intermesh Ltd Earnings Call
Jul 21, 2026 / 11:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Permesh Limited, I welcome you all to the company's quarter 1 FY27 earnings webinar, as a reminder, all participant clients will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes.

Joining us today from the management side we have Mr.

Dinesh Agarwal, Chief Executive Officer.

Mr.

Vijay Agarwal, full-time director, Mr.

Jain Dean, Chief Financial, and Mr.

Pradeep Chandra, Chief Strategy Officer.

Before we begin, I would like this conference call maybe forward-looking in nature and risks and uncertainties.

Kindly refer to slide number 3 of the earnings presentation for the detail.

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.