IndiaMART InterMESH (NSE:INDIAMART) Scaled Net Operating Assets: -0.16 (As of Mar. 2026)


NSE:INDIAMART IndiaMART InterMESH Ltd NSE:INDIAMART
90 GF Score
Price ₹1,927.30
GF Value ₹3,070.00
Valuation Significantly Undervalued
! 3 Warning Signs
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What is IndiaMART InterMESH Scaled Net Operating Assets?

IndiaMART InterMESH NSE:INDIAMART -1.44% 90 Scaled Net Operating Assets is -0.16 as of Mar. 2026. GuruFocus rates NSE:INDIAMART with a GF Score™ of 90/100 and a GF Value™ of ₹3,070.00 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

IndiaMART InterMESH's operating assets for the quarter that ended in Mar. 2026 was ₹15,043 Mil. IndiaMART InterMESH's operating liabilities for the quarter that ended in Mar. 2026 was ₹22,011 Mil. IndiaMART InterMESH's Total Assets for the quarter that ended in Dec. 2025 was ₹43,661 Mil. Therefore, IndiaMART InterMESH's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.16.


IndiaMART InterMESH Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for IndiaMART InterMESH's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

IndiaMART InterMESH Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.20 -0.08 -0.16 -0.19 -0.17

IndiaMART InterMESH Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 -0.18 -0.14 -0.15 -0.13 -0.16

NSE:INDIAMART vs GOOGL, META, SPOT: Scaled Net Operating Assets Comparison

For the Internet Content & Information subindustry, IndiaMART InterMESH's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, IndiaMART InterMESH's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where IndiaMART InterMESH's Scaled Net Operating Assets falls into.


NSE:INDIAMART
90GF Score
IndiaMART InterMESH Ltd NSE:INDIAMART
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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IndiaMART InterMESH Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

IndiaMART InterMESH's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(15043.38-22011.26)/41336.85
=-0.17

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=46246.03 - 31202.65
=15043.38

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22242.28 - 130.9 - 100.12
=22011.26

IndiaMART InterMESH's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(15043.38-22011.26)/43661.18
=-0.16

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=46246.03 - 31202.65
=15043.38

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22242.28 - 130.9 - 100.12
=22011.26

* 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.

What does a Scaled Net Operating Assets of -0.16 mean?
IndiaMART InterMESH (NSE:INDIAMART) has a Scaled Net Operating Assets of -0.16 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on IndiaMART InterMESH and its competitors.
Is IndiaMART InterMESH's Scaled Net Operating Assets too high?
IndiaMART InterMESH's current Scaled Net Operating Assets is -0.16. Overall, IndiaMART InterMESH has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IndiaMART InterMESH's Scaled Net Operating Assets compare to GOOGL and META?
IndiaMART InterMESH's Scaled Net Operating Assets of -0.16 can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Interactive Media company?
A good Scaled Net Operating Assets depends on the Interactive Media industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on IndiaMART InterMESH and its competitors. IndiaMART InterMESH's current Scaled Net Operating Assets is -0.16. 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 ₹1,927.30 — trading 37.2% below its estimated fair value. The current Scaled Net Operating Assets is -0.16. IndiaMART InterMESH's overall GF Score™ is 90/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For IndiaMART InterMESH (NSE:INDIAMART), the current Scaled Net Operating Assets is -0.16 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 ₹1,927.30 is trading 37.2% below its estimated GF Value™ of ₹3,070.00. GuruFocus considers IndiaMART InterMESH to be Significantly Undervalued.

Key valuation signals for NSE:INDIAMART:

  • Scaled Net Operating Assets: -0.16
  • GF Value™: ₹3,070.00 vs. price of ₹1,927.30 (37.2% below fair value)
  • GF Score™: 90/100 with 3 warning signs

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.
90GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,927.30
Price
₹3,070.00
GF Value