IndiaMART Share Price Target 2023, 2024, 2025, 2026, 2027, 2030

IndiaMART share price target

IndiaMART Share Price Target 2023, 2024, 2025, 2026, 2027, 2030 | what to expect from IndiaMART share in future? By year 2023 it will reach around Rs3120. And by 2025 it will be at Rs.4050. It will cross Rs.6500 by year 2030.

IndiaMART Share Price Target 2023, 2024, 2025,2026, 2027, 2030

IndiaMART InterMESH Limited: Business Overview

IndiaMART InterMESH Limited is an Indian online B2B platform founded in 1999. It provides a platform for small and medium-sized enterprises (SMEs) to connect with buyers and suppliers across India. The company’s primary business is to facilitate business-to-business transactions, offering a platform for buyers and sellers to discover each other.

IndiaMART is unique in that it caters to a vast network of SMEs across India, enabling buyers to find niche products and services. It has an extensive database of more than 115 million registered users and 6.6 million suppliers, making it India’s largest online B2B marketplace. The platform’s innovative features, such as Instant Chat, Payment Protection Program and Lead Management System, make it a reliable and convenient platform for buyers and suppliers looking to connect and grow their business.

IndiaMART has been able to cater to vast network of SMEs in India because it provides a user-friendly and accessible platform for businesses of all sizes. Its online platform has made it easy for SMEs to connect with a vast network of suppliers and buyers across India, enabling them to expand their reach and grow their businesses.

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IndiaMART Share Price Prediction

Based on the company’s track record and historical data below are the estimated IndiaMART share target price predicted for upcoming years,

Year  First TargetSecond Target
IndiaMART Share Price Target 202329703120
IndiaMART Share Price Target 202433203620
IndiaMART Share Price Target 202536504050
IndiaMART Share Price Target 202640254480
IndiaMART Share Price Target 202744754890
IndiaMART Share Price Target 203055006500
IndiaMART share price target 2023, 2024, 2025,2026, 2027, 2030

IndiaMART Share Price Forecast

Till now we have studied the business model of the IndiaMART InterMESH Limited, we can now deep dive into company’s growth prospects which contributes into the improvement in IndiaMART share price.

IndiaMART share price target chart
IndiaMART share price target chart

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IndiaMART Share Price Target 2023

Fundamentals of the company plays important role in the future stock price prediction, IndiMART can be categorized into e-commerce sector which is one of the fast growing sector than any other.

  • IndiaMART’s total market capitalization as of June 2023 is Rs.18071.86 crores
  • Company has given around 43% returns for last 1 year to investors
  • PE ratio(price to earnings) is 64.51 and PB ratio is 4.50
  • Company has improved the assets to Rs.3520.31 crores
  • In last 6 months, promotor holding in the company has stayed constant which is a good sign.

So according to study company’s fundamentals are strong enough to support the IndiaMART share price in future. After studying the fundamentals of the company, IndiaMART share price target 2023 will be, first target Rs.2970 and second target will be Rs.3120

IndiaMART Share Price Target 2024

Next point we should study which is important factor for IndiaMART share price in future is financial of the company. IndiMART has recorded the strong financial growth which is a good sign for investors and important factor to take into consideration while predicting future share price of IndiaMART Limited. As per the results declared in March 2023 for FY22-23 are up by 37.5 % YoY.

  • Net Sales – Rs.268.80 crores which is up by 33.47 % YoY
  • Net income recorded – Rs.55.93 crores
  • Profit after Tax – Rs.94.70 crores which is increased by 38.44 % YoY
  • Earnings per Share(EPS) – Rs.3.54 which is up by 37.22% YoY
  • Net profit margin is 20.81 %

Overall IndiaMART InterMESH Limited has shown strong financial performance which indicates that company has built its position in the Indian online B2B marketplace. So IndiaMART share price target for year 2024 will be, Rs.3320 as first target and Rs.3620 will be the second target.

IndiaMART Share Price Target 2025

IndiaMART offers innovative features like Instant Chat and Payment Protection Program to provide a seamless and secure platform for buyers and suppliers to connect and conduct business. Instant Chat allows buyers and suppliers to communicate in real-time, enhancement trust and transparency in transactions. The Payment Protection Program ensures that buyer’s funds are secure and only released to suppliers upon successful delivery of goods or services. These features help build trust between buyers and suppliers, making IndiaMART a reliable platform for conducting B2B transactions.

Based on the growth prospect above, IndiaMART share price target 2025 will be, first target is Rs.3650 and second target will be Rs.4050

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IndiaMART Share Price Target 2026

IndiaMART offers its online business platform and tools to over 170 Million buyers where they can search over 95 million products & services and get connected with over 7.5 million reliable and competitive suppliers. The growing adaption of e-commerce in India is helping IndiaMART to grow rapidly and IndiaMART is now a well-positioned and created brand name with its unique user base in India. Accordingly IndiaMART share price target for year 2026 will be in the range of Rs.4025 to Rs.4480.

IndiaMART Share Price Target 2027

In the digitization era the penetration of smartphones has increasing rapidly, this is giving added advantage to IndiaMART InterMESH’s growth. IndiaMART mobile application is user friendly and very popular so millions of user base is been operated through mobile application. Still IndiaMART is consistently focusing on new innovation and introducing new products and services. Our estimated, IndiaMART share price target 2027 will be, first target is Rs.4475 and second target will be Rs.4890

IndiaMART Share Price Target 2030

Being one of largest online B2B marketplace, IndiaMART will continue its journey. They are creating 1million matchmaking on their platforms with their wide product and service range. In below image we can see the user’s interaction on their platform.

IndiaMART user overview
IndiaMART user overview

Additionally, its innovative features such as payment protection program, lead management system, and instant chat make it a reliable platform for SMEs to trade and build trust among each other. As per the study IndiaMART share price target 2030 will be around Rs.5500 to Rs.6500

IndiaMART Share Bonus History

IndiaMART InterMESH ltd has announced the bonus issue of shares to its investors in the proportion of 1:1

Annoucement date – 28th April 2023

Record date – 21st June 2023

Ex-Bonus date – 21st June 2023

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Is IndiaMART share a good buy?

Yes, looking at the company’s track record and historical data IndiaMART is profitable company and we can buy a shares for long term growth.

What is the share price target of IndiaMART in 2023?

IndiaMART share price target 2023 will be, first target Rs.2970 and second target will be Rs.3120

What is the share price target of IndiaMART in 2025?

IndiaMART share price target 2025 will be, first target is Rs.3650 and second target will be Rs.4050

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