IndiaMART InterMESH Limited's Board of Directors convened on April 30, 2026, to approve the audited consolidated and standalone financial results for the quarter and financial year ended March 31, 2026. The statutory auditors, B S R & Co. LLP, issued an unmodified audit opinion on these results. The company has recommended a total dividend of ₹60 per equity share for FY26, comprising a final dividend of ₹30 per share and a special dividend of ₹30 per share, subject to shareholder approval at the Annual General Meeting scheduled for June 29, 2026.

Q4 Performance Shows Mixed Results

For the quarter ended March 31, 2026, IndiaMART reported consolidated revenue from operations of ₹4.00 billion compared to ₹3.55 billion in the corresponding quarter of the previous year, marking a 14% year-on-year growth. However, the company's quarterly performance showed a significant decline in profitability, with consolidated net profit dropping 72% to ₹502 million from ₹1.80 billion in Q4 of the previous year. This decline was primarily driven by mark-to-market losses on the treasury portfolio due to a significant increase in bond yields during the quarter.

Annual Financial Performance

For the financial year ended March 31, 2026, IndiaMART reported consolidated revenue from operations of ₹15,690 million, compared to ₹13,884 million in the previous year. Total income stood at ₹17,731 million in FY26 against ₹16,608 million in FY25. The company recorded a consolidated net profit of ₹4,747 million for FY26, lower than ₹5,507 million reported in the preceding year. Basic earnings per share (annualised) declined to ₹79.07 from ₹91.84 in FY25.

Segment Performance and Business Operations

The Group operates through two reportable business segments: Web and related services, and Accounting Software services. Web and related services generated segment revenue of ₹14,430 million in FY26, while Accounting Software services contributed ₹1,261 million. The Web and related services segment reported a segment result of ₹5,328 million, whereas Accounting Software services recorded a loss of ₹28 million for the year.

Balance Sheet and Corporate Actions

As of March 31, 2026, the company's consolidated total assets stood at ₹46,246 million, compared to ₹41,337 million in the previous year. Total equity increased to ₹24,004 million from ₹21,853 million. The company generated net cash from operating activities of ₹6,942 million during the year. The Board has fixed Friday, June 19, 2026, as the record date for determining shareholders eligible for the dividend payment, with the 27th Annual General Meeting scheduled for Monday, June 29, 2026.

IndiaMART InterMESH Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026, along with a significant dividend declaration and operational updates highlighting AI implementation and platform quality improvements. The Board of Directors, in its meeting held on April 30, 2026, approved the audited consolidated and standalone financial results and recommended a total dividend of ₹60 per equity share for FY2025-26.

Q4 EBITDA Performance

For the fourth quarter, the company reported EBITDA of ₹1.32 billion compared to ₹1.3 billion in the same period last year, marking a marginal increase. However, the EBITDA margin compressed to 32.80% from 36.72% year-on-year, indicating pressure on operational efficiency despite revenue growth.

Platform Performance and AI Implementation

The company demonstrated strong operational metrics during Q4 FY26, with the platform generating 27 million unique business inquiries. The supplier ecosystem continued to expand, with supplier storefronts reaching 8.7 million, representing a 5% year-over-year growth. The paying supplier base strengthened to 220K, reflecting the platform's value proposition.

The Co-CEO emphasized the company's focus on AI utilization and platform quality improvements as key strategic initiatives to enhance user experience and operational efficiency.

Dividend Declaration

The Board recommended a final dividend of ₹30 per equity share of face value ₹10 each and a special dividend of ₹30 per equity share, aggregating to ₹60 per share. This is subject to shareholder approval at the 27th Annual General Meeting scheduled for June 29, 2026. The dividend will be paid within 30 days from the date of declaration and approval. Pursuant to Regulation 42 of Listing Regulations, the Board has fixed Friday, June 19, 2026 as the Record Date for determining eligible shareholders.

Financial Performance Summary

For the financial year ended March 31, 2026, the company reported comprehensive consolidated performance across key metrics:

For the quarter ended March 31, 2026, revenue from operations stood at ₹4,043 million, with net profit of ₹502 million. The standalone results showed net profit of ₹5,252 million for FY26, with basic EPS of ₹87.49 (annualised).

Segment Performance and Compliance

The Group operates through two reportable business segments. Web and related services generated revenue of ₹14,429 million from external customers for FY26, while Accounting Software services contributed ₹1,261 million. The segment result for Web and related services was ₹5,328 million, while Accounting Software services reported a loss of ₹28 million.

B S R & Co. LLP, statutory auditors, have issued an unmodified audit opinion on both consolidated and standalone annual financial results. The auditors confirmed that the financial results give a true and fair view in conformity with Indian Accounting Standards.