IndiaMART InterMESH Limited has announced its financial performance for the quarter and year ended March 31, 2026. The company reported consolidated revenue from operations of Rs. 404 crore for Q4 and Rs. 1,569 crore for the full fiscal year. Despite facing market challenges, including pricing adjustments and macroeconomic factors, the company remains focused on its AI-driven growth strategy, platform trust initiatives, and expansion of its accounting software segment, Busy Infotech.
Consolidated Financial Highlights
For the fiscal year ended March 31, 2026, IndiaMART achieved a consolidated revenue from operations of Rs. 1,569 crore, marking a 13% year-on-year growth. The fourth quarter contributed Rs. 404 crore to this total, representing a 14% growth compared to the same period in the previous year. Consolidated collections from customers reached Rs. 1,857 crore for the year, while the consolidated deferred revenue grew by 17% to stand at Rs. 1,965 crore.
Operating Performance and Platform Metrics
The company reported that its paying supplier base reached 2.20 lakh. While there was a minor decline in the net addition of suppliers during the fourth quarter, primarily attributed to price increases in the Silver subscription tier and broader market conditions, the company maintains a stable churn rate. The Platinum and Gold customer segments continue to perform strongly, accounting for approximately 50% of the total customer base and contributing over 75% of total revenue.
Strategic Initiatives and AI Integration
Management emphasized its commitment to enhancing platform trust through improved buyer and seller verification processes, including GST and bank account verification. The company is actively embedding AI capabilities across its ecosystem to refine discovery processes for both buyers and sellers. Furthermore, the company continues to invest in Busy Infotech, which reported a billing of Rs. 170 crore for the full year and holds 4.42 lakh total licenses sold.
Shareholder Returns
Reflecting its strong cash generation—with consolidated cash and treasury balances reaching Rs. 3,280 crore—the Board of Directors has recommended a total dividend of Rs. 60 per share. This includes a final dividend of Rs. 30 and a special dividend of Rs. 30, subject to approval by the shareholders.
Source: BSE
