IndiaMART InterMESH Limited (NSE: INDIAMART)

IndiaMART InterMESH Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	12,460	11,968	9,854	7,535	6,696	6,389
Revenue Growth (YoY)	19.47%	21.45%	30.78%	12.53%	4.81%	25.90%
Cost of Revenue	5,702	5,507	4,294	2,706	2,074	2,755
Gross Profit	6,758	6,461	5,560	4,829	4,622	3,634
Selling, General & Admin	85.91	77.72	56.36	13.07	21.68	44.54
Other Operating Expenses	2,937	3,070	2,784	1,737	1,316	1,900
Operating Expenses	3,394	3,512	3,151	1,870	1,499	2,156
Operating Income	3,364	2,949	2,409	2,959	3,123	1,478
Interest Expense	-87.53	-89.13	-81.51	-54.02	-66.63	-32.83
Interest & Investment Income	29.93	30.77	38.42	70.97	37.71	44.34
Earnings From Equity Investments	-409.97	-403.94	-379.05	-122.49	-26.6	-16.41
Other Non Operating Income (Expenses)	-0.61	1.57	8.03	2.39	-	-
EBT Excluding Unusual Items	2,896	2,488	1,995	2,856	3,067	1,473
Merger & Restructuring Charges	-	-	-40.7	-	-	-
Gain (Loss) on Sale of Investments	2,029	2,047	1,746	1,038	793.52	639.77
Gain (Loss) on Sale of Assets	2.19	2	2.86	1.56	-0.38	0.46
Asset Writedown	4.47	4.82	4.71	1.76	10.02	1.34
Other Unusual Items	1.22	1.55	4.77	7.3	22.93	-
Pretax Income	4,933	4,544	3,713	3,904	3,894	2,114
Income Tax Expense	1,286	1,204	874.51	928.25	1,096	640.37
Earnings From Continuing Operations	3,647	3,340	2,838	2,976	2,798	1,474
Net Income	3,647	3,340	2,838	2,976	2,798	1,474
Net Income to Common	3,647	3,340	2,838	2,976	2,798	1,474
Net Income Growth	13.88%	17.66%	-4.63%	6.38%	89.83%	635.29%
Shares Outstanding (Basic)	60	61	61	61	58	58
Shares Outstanding (Diluted)	60	61	61	61	59	59
Shares Change (YoY)	-1.39%	-0.99%	-0.31%	3.90%	0.84%	11.44%
EPS (Basic)	60.57	55.18	46.48	48.91	48.07	25.57
EPS (Diluted)	60.41	55.04	46.32	48.42	47.29	25.12
EPS Growth	15.49%	18.83%	-4.34%	2.39%	88.26%	560.18%
Free Cash Flow	5,923	5,445	4,586	3,979	3,225	2,560
Free Cash Flow Per Share	98.10	89.74	74.84	64.73	54.51	43.63
Dividend Per Share	20.000	20.000	10.000	1.000	7.500	5.000
Dividend Growth	100.00%	100.00%	900.00%	-86.67%	50.00%	-
Gross Margin	54.24%	53.99%	56.42%	64.08%	69.02%	56.88%
Operating Margin	27.00%	24.64%	24.44%	39.27%	46.64%	23.13%
Profit Margin	29.27%	27.90%	28.80%	39.50%	41.78%	23.07%
Free Cash Flow Margin	47.54%	45.50%	46.54%	52.81%	48.16%	40.07%
EBITDA	3,593	3,177	2,618	2,971	3,150	1,519
EBITDA Margin	28.84%	26.54%	26.57%	39.43%	47.04%	23.78%
D&A For EBITDA	228.96	227.8	209.29	12.01	26.87	41.45
EBIT	3,364	2,949	2,409	2,959	3,123	1,478
EBIT Margin	27.00%	24.64%	24.44%	39.27%	46.64%	23.13%
Effective Tax Rate	26.06%	26.50%	23.55%	23.77%	28.14%	30.29%
Revenue as Reported	14,526	14,074	11,659	8,657	7,561	7,074
Advertising Expenses	-	23.28	26.22	9.39	7.98	21.64

Source: S&P Capital IQ. Standard template. Financial Sources.