IndiaMART Q3 FY26 Earnings Results: Revenue Grows 13% on Strong Collections and Cash Position

IndiaMART InterMESH Limited announced its financial results for the quarter ended December 31, 2025, showing steady growth across revenue, profit, and cash generation, supported by strong customer collections and platform expansion.

IndiaMART Consolidated Financial Highlights (Q3 FY26)

• Revenue from operations rose to ₹402 crore, up 13% year-on-year, compared with ₹354 crore in Q3 FY25.
  • IndiaMART standalone revenue stood at ₹368 crore
  • Busy Infotech contributed ₹32 crore
• Customer collections increased to ₹426 crore, marking a 17% YoY growth.
  • Standalone collections were ₹390 crore (up 14%)
  • Busy Infotech collections were ₹33 crore
• Deferred revenue climbed to ₹1,775 crore, up 19% YoY, indicating strong revenue visibility.
  • Standalone deferred revenue: ₹1,654 crore
  • Busy Infotech deferred revenue: ₹112 crore
• Net profit for the quarter came in at ₹188 crore, with a healthy profit margin of 35%.
• EBITDA stood at ₹134 crore, translating into an EBITDA margin of 33%.
• Cash flow from operations was ₹129 crore, while cash and investments rose to a strong ₹3,051 crore as of December 31, 2025.

Standalone Performance Highlights

• Standalone revenue increased to ₹368 crore, up 9% YoY, driven mainly by better realisation from paying suppliers.
• Standalone EBITDA was ₹136 crore, with a robust EBITDA margin of 37%.
• Standalone net profit stood at ₹206 crore for the quarter.
• Standalone deferred revenue rose 16% YoY to ₹1,654 crore, reflecting continued customer traction.

Operational Highlights in Q3 FY26

• Unique business enquiries reached 28 million during the quarter.
• Supplier storefronts increased to 8.7 million, registering a 6% YoY growth.
• Paying suppliers stood at 2.21 lakh at the end of the quarter.

About IndiaMART

IndiaMART is India’s largest online B2B marketplace, connecting buyers and sellers across a wide range of products and services. The platform helps buyers discover products easily while offering sellers solutions for lead generation, lead management, and business growth.

Also Read: Best Long-Term Stocks in Jan 2026 – 5yr CAGR Basis!

IndiaMART Share Price Movement

IndiaMART InterMESH share price (NSE: INDIAMART) closed at ₹2,142.50 on January 20, 2026, down ₹51.90 or 2.37% for the day. The stock opened at ₹2,177 and moved between an intraday high of ₹2,185.30 and a low of ₹2,132.10. The stock is below its 52-week high of ₹2,799, but remains above the 52-week low of ₹1,900.10. The company offers a dividend yield of 1.40%, with a quarterly dividend of ₹7.50 per share.

Conclusion

IndiaMART delivered a solid Q3 FY26 performance with double-digit revenue growth, strong profitability, rising deferred revenue, and a healthy cash balance. Backed by platform enhancements and AI adoption, the company remains well placed for steady and sustainable long-term growth.

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