IndiaMART InterMESHNSE:INDIAMART +1.81%91 Return-on-Tangible-Equity is 10.59% as of Mar. 2026, which is 60% below its 10-year median of 26.15. GuruFocus rates NSE:INDIAMART with a GF Score™ of 91/100 and a GF Value™ of ₹3,075.34 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 491 Interactive Media companies, IndiaMART InterMESH ranks better than 79.84% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. IndiaMART InterMESH's annualized net income for the quarter that ended in Mar. 2026 was ₹2,008 Mil. IndiaMART InterMESH's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹18,956 Mil. Therefore, IndiaMART InterMESH's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.59%.
The historical rank and industry rank for IndiaMART InterMESH's Return-on-Tangible-Equity or its related term are showing as below:
NSE:INDIAMART'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.53 Med: 26.15 Max: 67.94
Current: 27.24
During the past 12 years, IndiaMART InterMESH's highest Return-on-Tangible-Equity was 67.94%. The lowest was 16.53%. And the median was 26.15%.
NSE:INDIAMART's Return-on-Tangible-Equity is ranked better than 79.84% of 491
companies
in the Interactive Media industry
Industry Median: 5.8
vs NSE:INDIAMART: 27.24
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
IndiaMART InterMESH Return-on-Tangible-Equity Related Terms
IndiaMART InterMESH Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for IndiaMART InterMESH's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:INDIAMART vs GOOGL, META, SPOT: Return-on-Tangible-Equity Comparison
For the Internet Content & Information subindustry, IndiaMART InterMESH's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
IndiaMART InterMESH Return-on-Tangible-Equity vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, IndiaMART InterMESH's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where IndiaMART InterMESH's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 10.59% mean?
IndiaMART InterMESH (NSE:INDIAMART) has a Return-on-Tangible-Equity of 10.59% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on IndiaMART InterMESH and its competitors. This is 60% below median its historical median of 26.15. Over the past decade, IndiaMART InterMESH's Return-on-Tangible-Equity has ranged from 16.53 to 67.94. According to the industry distribution chart, IndiaMART InterMESH ranks #99 out of 491 companies in the Interactive Media industry, placing it in the top 20.2%.
Is IndiaMART InterMESH's Return-on-Tangible-Equity too high?
IndiaMART InterMESH's current Return-on-Tangible-Equity of 10.59% is 60% below median its 10-year median of 26.15. Over the past 10 years, this metric has ranged from a low of 16.53 to a high of 67.94. The Interactive Media industry median Return-on-Tangible-Equity is 5.80. IndiaMART InterMESH's value of 10.59% is 82.6% above this industry median. Based on the distribution chart, IndiaMART InterMESH ranks #99 out of 491 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, IndiaMART InterMESH has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IndiaMART InterMESH's Return-on-Tangible-Equity compare to GOOGL and META?
According to the Interactive Media industry distribution chart, IndiaMART InterMESH ranks #99 out of 491 companies for Return-on-Tangible-Equity. This places IndiaMART InterMESH in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.80. IndiaMART InterMESH's value of 10.59% is 82.6% above this benchmark. Historically, IndiaMART InterMESH's own Return-on-Tangible-Equity has ranged from 16.53 to 67.94 over the past decade. While the company's 10-year median is 26.15 vs. the industry median of 5.80, IndiaMART InterMESH has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Interactive Media company?
The median Return-on-Tangible-Equity among Interactive Media companies is 5.80, based on 491 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IndiaMART InterMESH's current Return-on-Tangible-Equity of 10.59% is 82.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on IndiaMART InterMESH and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IndiaMART InterMESH's current Return-on-Tangible-Equity is 10.59%, which is 60% below median its own 10-year median of 26.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IndiaMART InterMESH stock overvalued right now?
Based on GuruFocus' analysis, IndiaMART InterMESH (NSE:INDIAMART) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹3,075.34, compared to a current price of ₹1,923.50 — trading 37.5% below its estimated fair value. The current Return-on-Tangible-Equity is 10.59%, which is 60% below median its 10-year median of 26.15 and 82.6% above the Interactive Media industry median of 5.80. IndiaMART InterMESH's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For IndiaMART InterMESH (NSE:INDIAMART), the current Return-on-Tangible-Equity is 10.59% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is IndiaMART InterMESH (NSE:INDIAMART) Overvalued in 2026?
Based on GuruFocus' analysis, IndiaMART InterMESH stock appears to be undervalued.
The current stock price of ₹1,923.50 is trading 37.5% below its estimated GF Value™ of ₹3,075.34.
GuruFocus considers IndiaMART InterMESH to be Significantly Undervalued.
Key valuation signals for NSE:INDIAMART:
Return-on-Tangible-Equity: 10.59% (60% below median its 10-year median of 26.15)
GF Value™: ₹3,075.34 vs. price of ₹1,923.50 (37.5% below fair value)
Industry Position: 82.6% above the Interactive Media median (#99 of 491)
No single metric tells the full story. See the NSE:INDIAMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IndiaMART InterMESH Ltd operates as an online B2B marketplace for business products and services. It serves as a platform for Small and Medium Enterprises (SMEs), Large Enterprises, as well as individuals. Geographically, it derives a majority of its revenue from India. It earns revenue mainly through the sale of subscription packages.
91GF Score
Get the complete analysis for NSE:INDIAMART
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:INDIAMART has been successfully added to your 
