IndiaMart Share Price Target 2022 2023 2025 2030 Prediction

IndiaMart Share Price Target

Mkt cap 22.91TCr

About IndiaMart :

Indiamart Intermesh Ltd. was incorporated in the year 1999. Its today’s share price is 7548.5. Its current market capitalisation stands at Rs 23071.67 Cr. In the latest quarter, company has reported Gross Sales of Rs. 6650.48 Cr and Total Income of Rs.7543.7 Cr. The company’s management includes Manoj Bhargava, Rajesh Sawhney, Vivek Narayan Gour, Elizabeth Lucy Chapman, Dhruv Prakash, Brijesh Agrawal, Dinesh Chandra Agarwal.

52-wk high 9,950.00
52-wk low 4,630.80
P/E ratio 74.07
Div yield 0.20%

About IndiaMart Share :

  • IndiaMART InterMESH Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 23,058.22 Crore) operating in Services sector.
  • IndiaMART InterMESH Ltd. key Products/Revenue Segments include Income From Information Services for the year ending 31-Mar-2021.
  • For the quarter ended 30-09-2021, the company has reported a Consolidated Total Income of Rs 213.80 Crore, up 1.33 % from last quarter Total Income of Rs 211.00 Crore and up 18.06 % from last year same quarter Total Income of Rs 181.10 Crore.
  • Company has reported net profit after tax of Rs 84.00 Crore in latest quarter.
  • The company’s top management includes Mr.Dinesh Chandra Agarwal, Mr.Brijesh Kumar Agrawal, Mr.Dhruv Prakash, Mr.Rajesh Sawhney, Mrs.Elizabeth Lucy Chapman, Mr.Vivek Narayan Gour. Company has BSR & Co. LLP as its auditors.

IndiaMart Share Price Target 2021 Q4

  • November 2021 – 7545.15 Rs
  • December 2021 – 7558.20 Rs

IndiaMart share price target 2022

  1. 2022 Jan – 7612.35 Rs
  2. 2022 Feb – 7632.36 Rs
  3. 2022 Mar – 7625.39 Rs
  4. 2022 Apr – 7641.71 Rs
  5. 2022 May – 7652.10 Rs
  6. 2022 Jun –  7654.95 Rs
  7. 2022 Jul –  7662.90 Rs
  8. 2022 Aug – 7636.95 Rs
  9. 2022 Sep –  7754.99 Rs
  10. 2022 Oct – 7863.50 Rs
  11. 2022 Nov –  7921.55 Rs
  12. 2022 Dec –  8015.65 Rs

 

IndiaMart Share price target 2023  – 9824.25 Rs 

IndiaMart Share price target 2024 –  11652.15 Rs

IndiaMart Share price target 2025 –  14953.50 Rs

IndiaMart Share price target 2026 –  17935.30 Rs

IndiaMart Share price target 2027 – 17953.35 Rs

IndiaMart Share price target 2028 – 20628.20 Rs

IndiaMart Share price target 2029 – 22622.80 Rs

IndiaMart Share price target 2030 – 24652.00 Rs

 

Indiamart share price target 2022

You will get to see very good growth continuously in Indiamart’s business. The company’s profits have shown tremendous growth over the years. Due to which big investors are seen buying this stock continuously for a long time.

The company is a market leader in the business B2B sector. At present, its rival company is not seen as strong. Due to which the growth of Indiamart’s business is expected to grow more rapidly.

If the same growth continues in the business, then by 2022 its share price is going to show you the first target of Rs 10200. As soon as you touch this target, you will also be able to see another target of Rs 10800.

 

Indiamart share price target 2023

If we look at the company’s business model, in addition to the free service, they also provide paid service. For which the company takes some subscription charge from the seller. In this, the company provides better and maximum service to the seller as compared to free service. This keeps the seller’s trust in the company and helps in getting more and more customers.

The subscription sellers with the company are increasing continuously. Management says that in the coming years its growth will be seen to grow at a CAGR of 5-6 percent. If this happens then you are going to see a good boom in the business of Indiamart.

Along with this, the company also earns well from online transaction charges on its platform. Because of which its share price is expected to show more momentum in the coming days. Talking about the share price of Indiamart by 2023, the first target can be seen at Rs 12900. Then look for another target to hold for Rs 13150.

Indiamart share price target 2025

Indiamart has made a strong hold in the Indian market. In the B2B market, the company is seeing a large number of SME, Large Enterprises and Individuals customers joining. Due to the huge number of clients, it is not a matter of small company to get Indiamart out of the market.

Along with this, the company gives new facilities to the clients by changing many technologies in its business over time. Due to which the management of the company seems to be doing its best to provide the best facilities with the addition of new customers.

Similarly, if Indiamart is able to add new clients in the coming years, then it is going to see tremendous growth in its revenue and profit. If you look in 2025, then the company’s share price can be expected to show you the first target of Rs 15750. After that you see the second target for 16000.

Indiamart share price target 2030

As people are going online, every small and medium business is also slowly moving towards online. With this, Indiamart will be seen to benefit well as the company is moving forward in its B2B sector keeping the small and medium business in focus.

At the same time, many small and medium businesses are slowly joining Indiamart with the initiative of the government’s self-reliant India scheme. The benefits of which are going to be seen for the company in the coming years. Also the company has a lot of money to invest in its business.

And with this the company will be seen focusing on growing its business in the coming years. Due to which, in the long run, if Indiamart’s share price is not split till 2030, there is every possibility of going around Rs 33500.

 

 

Indiamart Future

If we look at the business of Indiamart from the point of view of the future, then it is quite good. The management of the company has many years of experience, due to which it has been seen in the last few years to take many good decisions. And its benefits have already started showing in the results.

In future also, there are many plans for the company to increase its business. If the company appears to be going according to its plan, then in the coming days with the growth of Indiamart’s business, you are going to see a tremendous jump in the share price.

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