IndiaMART InterMESH (NSE:INDIAMART) ROE %: 8.47% (As of Mar. 2026) — 59% Below Median


NSE:INDIAMART IndiaMART InterMESH Ltd NSE:INDIAMART
89 GF Score
Price ₹1,955.40
GF Value ₹3,070.00
Valuation Significantly Undervalued
! 2 Warning Signs
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What is IndiaMART InterMESH ROE %?

IndiaMART InterMESH NSE:INDIAMART -0.94% 89 ROE % is 8.47% as of Mar. 2026, which is 59% below its 10-year median of 20.70. GuruFocus rates NSE:INDIAMART with a GF Score™ of 89/100 and a GF Value™ of ₹3,070.00 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 534 Interactive Media companies, IndiaMART InterMESH ranks better than 84.64% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. IndiaMART InterMESH's annualized net income for the quarter that ended in Mar. 2026 was ₹2,008 Mil. IndiaMART InterMESH's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹23,700 Mil. Therefore, IndiaMART InterMESH's annualized ROE % for the quarter that ended in Mar. 2026 was 8.47%.

The historical rank and industry rank for IndiaMART InterMESH's ROE % or its related term are showing as below:

NSE:INDIAMART' s ROE % Range Over the Past 10 Years
Min: 14.43   Med: 20.7   Max: 67.77
Current: 21.37

During the past 12 years, IndiaMART InterMESH's highest ROE % was 67.77%. The lowest was 14.43%. And the median was 20.70%.

NSE:INDIAMART's ROE % is ranked better than
84.64% of 534 companies
in the Interactive Media industry
Industry Median: 2.345 vs NSE:INDIAMART: 21.37

IndiaMART InterMESH  (NSE:INDIAMART) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2008/23700.36
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2008 / 16172)*(16172 / 44953.605)*(44953.605 / 23700.36)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.42 %*0.3597*1.8967
=ROA %*Equity Multiplier
=4.47 %*1.8967
=8.47 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2008/23700.36
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2008 / 3136) * (3136 / 5024) * (5024 / 16172) * (16172 / 44953.605) * (44953.605 / 23700.36)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6403 * 0.6242 * 31.07 % * 0.3597 * 1.8967
=8.47 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


IndiaMART InterMESH ROE % Related Terms


IndiaMART InterMESH ROE % Historical Data

* Premium members only.

The historical data trend for IndiaMART InterMESH's ROE % 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.

IndiaMART InterMESH ROE % Chart

IndiaMART InterMESH Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.08 14.43 17.60 28.09 20.70

IndiaMART InterMESH Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.50 29.05 15.82 33.65 8.47

NSE:INDIAMART vs GOOGL, META, SPOT: ROE % Comparison

For the Internet Content & Information subindustry, IndiaMART InterMESH's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, IndiaMART InterMESH's ROE % distribution charts can be found below:

* The bar in red indicates where IndiaMART InterMESH's ROE % falls into.


NSE:INDIAMART
89GF Score
IndiaMART InterMESH Ltd NSE:INDIAMART
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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IndiaMART InterMESH ROE % Calculation

IndiaMART InterMESH's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=4746.82/( (21852.9+24003.75)/ 2 )
=4746.82/22928.325
=20.70 %

IndiaMART InterMESH's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=2008/( (23396.97+24003.75)/ 2 )
=2008/23700.36
=8.47 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 8.47% mean?
IndiaMART InterMESH (NSE:INDIAMART) has a ROE % of 8.47% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on IndiaMART InterMESH and its competitors. This is 59% below median its historical median of 20.70. Over the past decade, IndiaMART InterMESH's ROE % has ranged from 14.43 to 67.77. According to the industry distribution chart, IndiaMART InterMESH ranks #82 out of 534 companies in the Interactive Media industry, placing it in the top 15.4%.
Is IndiaMART InterMESH's ROE % too high?
IndiaMART InterMESH's current ROE % of 8.47% is 59% below median its 10-year median of 20.70. Over the past 10 years, this metric has ranged from a low of 14.43 to a high of 67.77. The Interactive Media industry median ROE % is 2.35. IndiaMART InterMESH's value of 8.47% is 261.2% above this industry median. Based on the distribution chart, IndiaMART InterMESH ranks #82 out of 534 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 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IndiaMART InterMESH's ROE % compare to GOOGL and META?
According to the Interactive Media industry distribution chart, IndiaMART InterMESH ranks #82 out of 534 companies for ROE %. This places IndiaMART InterMESH in the top 15% of its industry — outperforming the majority of peers. The industry median ROE % is 2.35. IndiaMART InterMESH's value of 8.47% is 261.2% above this benchmark. Historically, IndiaMART InterMESH's own ROE % has ranged from 14.43 to 67.77 over the past decade. While the company's 10-year median is 20.70 vs. the industry median of 2.35, 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 ROE % for an Interactive Media company?
The median ROE % among Interactive Media companies is 2.35, based on 534 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IndiaMART InterMESH's current ROE % of 8.47% is 261.2% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on IndiaMART InterMESH and its competitors. For the Interactive Media industry, the median ROE % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IndiaMART InterMESH's current ROE % is 8.47%, which is 59% below median its own 10-year median of 20.70. 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 ₹3,070.00, compared to a current price of ₹1,955.40 — trading 36.3% below its estimated fair value. The current ROE % is 8.47%, which is 59% below median its 10-year median of 20.70 and 261.2% above the Interactive Media industry median of 2.35. IndiaMART InterMESH's overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For IndiaMART InterMESH (NSE:INDIAMART), the current ROE % is 8.47% 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 ₹1,955.40 is trading 36.3% below its estimated GF Value™ of ₹3,070.00. GuruFocus considers IndiaMART InterMESH to be Significantly Undervalued.

Key valuation signals for NSE:INDIAMART:

  • ROE %: 8.47% (59% below median its 10-year median of 20.70)
  • GF Value™: ₹3,070.00 vs. price of ₹1,955.40 (36.3% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 261.2% above the Interactive Media median (#82 of 534)

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 Business Description

Other Exchanges 542726:India
Address Assotech Business Cresterra, 6th Floor, Tower 2, Plot No. 22, Sector 135, Noida, UP, IND, 201305
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.
89GF Score

Get the complete analysis for NSE:INDIAMART

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,955.40
Price
₹3,070.00
GF Value