{"id":299810,"date":"2026-10-09T17:35:52","date_gmt":"2026-10-09T12:05:52","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=299810"},"modified":"2026-10-09T17:35:52","modified_gmt":"2026-10-09T12:05:52","slug":"indiamart-intermesh-share-price-target-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/","title":{"rendered":"Indiamart Intermesh Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Indiamart Intermesh share price Rs 1,616.00 (9 October 2026). Base target Rs 1,917, bull Rs 2,303, downside risk Rs 1,281. PE 19.53. 52W range Rs 1,565.10 to Rs 2,525.90.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Indiamart Intermesh share price target for 2027 is Rs 1,917, about 18.6% above the current price of Rs 1,616.00. The bull case is Rs 2,303, and the downside risk level, which is not a target, is Rs 1,281. The base case assumes earnings per share grow 19.6% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 19.53. These are model-based estimates built from reported financials, not guaranteed outcomes.<\/p>\n<\/p><\/div>\n<p>Investors weighing an Indiamart Intermesh target price for 2027 should start with where the stock sits today. At Rs 1,616.00 on 9 October 2026, it is 36.0% below its 52-week high of Rs 2,525.90 and 3.3% above its 52-week low of Rs 1,565.10. That range spans 61% from low to high, so the entry point matters as much as the Indiamart Intermesh price forecast itself.<\/p>\n<p>This article builds the Indiamart Intermesh share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 1,917 base case and the Rs 2,303 bull case were reached, along with a downside risk level of Rs 1,281.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=indiamart-intermesh-share-price-target-2027\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Indiamart_Intermesh_Stock_Analysis_Company_Overview_and_Key_Stats\" title=\"Indiamart Intermesh Stock Analysis: Company Overview and Key Stats\">Indiamart Intermesh Stock Analysis: Company Overview and Key Stats<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Why_Is_Indiamart_Intermesh_Share_Price_Target_Set_at_Rs_1917_for_2027\" title=\"Why Is Indiamart Intermesh Share Price Target Set at Rs 1,917 for 2027?\">Why Is Indiamart Intermesh Share Price Target Set at Rs 1,917 for 2027?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Earnings_Growth_Behind_the_Indiamart_Intermesh_Target_Price_Five_Years_of_Results\" title=\"Earnings Growth Behind the Indiamart Intermesh Target Price: Five Years of Results\">Earnings Growth Behind the Indiamart Intermesh Target Price: Five Years of Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Margins_and_the_Latest_Quarter\" title=\"Margins and the Latest Quarter\">Margins and the Latest Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Balance_Sheet_and_Cash_Flow\" title=\"Balance Sheet and Cash Flow\">Balance Sheet and Cash Flow<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Valuation_Check_for_the_Indiamart_Intermesh_Stock_Target_PE_Price_to_Book_and_ROE\" title=\"Valuation Check for the Indiamart Intermesh Stock Target: PE, Price to Book and ROE\">Valuation Check for the Indiamart Intermesh Stock Target: PE, Price to Book and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Shareholding_Pattern_and_Institutional_Holding\" title=\"Shareholding Pattern and Institutional Holding\">Shareholding Pattern and Institutional Holding<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Indiamart_Intermesh_Share_Price_Targets_for_the_Short_Term_and_12_Months\" title=\"Indiamart Intermesh Share Price Targets for the Short Term and 12 Months\">Indiamart Intermesh Share Price Targets for the Short Term and 12 Months<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Short_Term_Indiamart_Intermesh_Stock_Target_Levels_Technical_Setup\" title=\"Short Term Indiamart Intermesh Stock Target Levels: Technical Setup\">Short Term Indiamart Intermesh Stock Target Levels: Technical Setup<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#12_Month_Indiamart_Intermesh_Target_Price_for_2027\" title=\"12 Month Indiamart Intermesh Target Price for 2027\">12 Month Indiamart Intermesh Target Price for 2027<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#How_EPS_Growth_and_PE_Multiple_Change_the_Indiamart_Intermesh_Target_Price\" title=\"How EPS Growth and PE Multiple Change the Indiamart Intermesh Target Price\">How EPS Growth and PE Multiple Change the Indiamart Intermesh Target Price<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Bull_Case_and_Downside_Risk_for_Indiamart_Intermesh_Stock_Target_in_2027\" title=\"Bull Case and Downside Risk for Indiamart Intermesh Stock Target in 2027\">Bull Case and Downside Risk for Indiamart Intermesh Stock Target in 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Bull_Case_Rs_2303\" title=\"Bull Case Rs 2,303\">Bull Case Rs 2,303<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Downside_Risk_Level_Rs_1281\" title=\"Downside Risk Level Rs 1,281\">Downside Risk Level Rs 1,281<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Key_Risks_to_the_Indiamart_Intermesh_Target_Price_for_2027\" title=\"Key Risks to the Indiamart Intermesh Target Price for 2027\">Key Risks to the Indiamart Intermesh Target Price for 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Growth_Slowdown_Risk_for_the_Indiamart_Intermesh_Price_Target\" title=\"Growth Slowdown Risk for the Indiamart Intermesh Price Target\">Growth Slowdown Risk for the Indiamart Intermesh Price Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Liquidity_and_Size_Risk\" title=\"Liquidity and Size Risk\">Liquidity and Size Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Valuation_and_Margin_Risk\" title=\"Valuation and Margin Risk\">Valuation and Margin Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Market_and_Technical_Risk\" title=\"Market and Technical Risk\">Market and Technical Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#How_to_Invest_in_Indiamart_Intermesh\" title=\"How to Invest in Indiamart Intermesh\">How to Invest in Indiamart Intermesh<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#FAQs_on_Indiamart_Intermesh_Share_Price_Target_2027\" title=\"FAQs on Indiamart Intermesh Share Price Target 2027\">FAQs on Indiamart Intermesh Share Price Target 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#What_is_the_Indiamart_Intermesh_share_price_target_for_2027\" title=\"What is the Indiamart Intermesh share price target for 2027?\">What is the Indiamart Intermesh share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#What_is_the_Indiamart_Intermesh_share_price_today\" title=\"What is the Indiamart Intermesh share price today?\">What is the Indiamart Intermesh share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Is_Indiamart_Intermesh_a_buy_or_sell_at_the_current_price\" title=\"Is Indiamart Intermesh a buy or sell at the current price?\">Is Indiamart Intermesh a buy or sell at the current price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#What_are_the_bull_case_target_and_downside_risk_level_for_Indiamart_Intermesh_shares\" title=\"What are the bull case target and downside risk level for Indiamart Intermesh shares?\">What are the bull case target and downside risk level for Indiamart Intermesh shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#What_are_the_main_risks_to_the_Indiamart_Intermesh_price_target\" title=\"What are the main risks to the Indiamart Intermesh price target?\">What are the main risks to the Indiamart Intermesh price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#What_is_the_PE_ratio_of_Indiamart_Intermesh_and_how_does_it_compare_with_the_industry\" title=\"What is the PE ratio of Indiamart Intermesh and how does it compare with the industry?\">What is the PE ratio of Indiamart Intermesh and how does it compare with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#Who_owns_Indiamart_Intermesh_and_what_is_the_promoter_holding\" title=\"Who owns Indiamart Intermesh, and what is the promoter holding?\">Who owns Indiamart Intermesh, and what is the promoter holding?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-intermesh-share-price-target-2027\/#What_were_Indiamart_Intermeshs_latest_quarterly_results\" title=\"What were Indiamart Intermesh&#8217;s latest quarterly results?\">What were Indiamart Intermesh&#8217;s latest quarterly results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Indiamart_Intermesh_Stock_Analysis_Company_Overview_and_Key_Stats\"><\/span><strong>Indiamart Intermesh Stock Analysis: Company Overview and Key Stats<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Indiamart Intermesh (NSE: INDIAMART) has a market capitalisation of Rs 9,637 crore. In FY26 it reported revenue of Rs 1,773 crore and net profit of Rs 474.68 crore. The table collects the figures the Indiamart Intermesh share price target is built on.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<tr>\n<td>Company<\/td>\n<td><a href=\"https:\/\/univest.in\/stocks\/indiamart\/indiamart-intermesh-ltd-share-price-today\">Indiamart Intermesh<\/a><\/td>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>INDIAMART<\/td>\n<\/tr>\n<tr>\n<td>CMP (9 October 2026)<\/td>\n<td>Rs 1,616.00<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 2,525.90<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 1,565.10<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 9,637 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>19.53<\/td>\n<\/tr>\n<tr>\n<td>Industry PE<\/td>\n<td>124.53<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>4.01<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>19.78%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.01<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 82.04<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>3.74%<\/td>\n<\/tr>\n<tr>\n<td>12-Month Base Target<\/td>\n<td>Rs 1,917<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 2,303<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk Level (not a target)<\/td>\n<td>Rs 1,281<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Indiamart_Intermesh_Share_Price_Target_Set_at_Rs_1917_for_2027\"><\/span><strong>Why Is Indiamart Intermesh Share Price Target Set at Rs 1,917 for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The base-case Indiamart Intermesh stock target of Rs 1,917 applies a PE multiple of 19.53 to a forward EPS estimate of Rs 98.14. That EPS assumes 19.6% yearly growth, the pace from FY24 to FY26, and puts the target 18.6% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Growth_Behind_the_Indiamart_Intermesh_Target_Price_Five_Years_of_Results\"><\/span><strong>Earnings Growth Behind the Indiamart Intermesh Target Price: Five Years of Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Indiamart Intermesh grew revenue from Rs 865.68 crore in FY22 to Rs 1,773 crore in FY26, a compound annual growth rate of 19.6%. Net profit grew more slowly, from Rs 297.62 crore to Rs 474.68 crore (12.4% a year), which points to margin pressure alongside the sales growth.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Financial Year<\/th>\n<th>Revenue (Rs Cr)<\/th>\n<th>Net Profit (Rs Cr)<\/th>\n<th>EPS (Rs)<\/th>\n<th>Dividend per Share (Rs)<\/th>\n<\/tr>\n<tr>\n<td>FY22<\/td>\n<td>865.68<\/td>\n<td>297.62<\/td>\n<td>96.84<\/td>\n<td>2.00<\/td>\n<\/tr>\n<tr>\n<td>FY23<\/td>\n<td>1,165.92<\/td>\n<td>283.83<\/td>\n<td>46.32<\/td>\n<td>20.00<\/td>\n<\/tr>\n<tr>\n<td>FY24<\/td>\n<td>1,407.38<\/td>\n<td>333.95<\/td>\n<td>55.04<\/td>\n<td>20.00<\/td>\n<\/tr>\n<tr>\n<td>FY25<\/td>\n<td>1,660.76<\/td>\n<td>550.70<\/td>\n<td>91.59<\/td>\n<td>50.00<\/td>\n<\/tr>\n<tr>\n<td>FY26<\/td>\n<td>1,773.14<\/td>\n<td>474.68<\/td>\n<td>78.77<\/td>\n<td>60.00<\/td>\n<\/tr>\n<\/table>\n<p>FY26 revenue growth was 6.8%, slower than the four-year average of 19.6%, and net profit moved down 13.8%. EPS rose from Rs 55.04 in FY24 to Rs 78.77 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Margins_and_the_Latest_Quarter\"><\/span><strong>Margins and the Latest Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Indiamart Intermesh converted 26.8% of FY26 revenue into net profit, against 33.2% in FY25, within a five-year range of 23.7% to 34.4%. EBITDA margin was 38.3% in FY26 versus 44.9% in FY25.<\/p>\n<p>In the June 2026 quarter, revenue was Rs 521.10 crore, up 12.2% from the same quarter a year earlier, while net profit of Rs 172.20 crore was up 12.2%. EBITDA came in at Rs 253.20 crore, up 12.1% year on year. The next quarterly result is the first test of whether the earnings assumption holds.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Balance_Sheet_and_Cash_Flow\"><\/span><strong>Balance Sheet and Cash Flow<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Debt to equity stands at 0.01, and shareholders&#8217; equity grew from Rs 1,874 crore in FY22 to Rs 2,400 crore in FY26. Operating cash flow in FY26 was Rs 694.22 crore against capital expenditure of Rs 7 crore, leaving free cash flow of Rs 687.22 crore, or 7.1% of the current market capitalisation. In FY25 free cash flow was Rs 615.35 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Check_for_the_Indiamart_Intermesh_Stock_Target_PE_Price_to_Book_and_ROE\"><\/span><strong>Valuation Check for the Indiamart Intermesh Stock Target: PE, Price to Book and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a PE of 19.53 against an industry PE of 124.53, Indiamart Intermesh trades at a discount to its industry. Price to book is 4.01 on a book value of Rs 399.12 per share, and return on equity is 19.78%. A PE of 19.53 equals an earnings yield of 5.1%, and the FY26 dividend of Rs 60.00 per share gives a yield of 3.74%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Shareholding_Pattern_and_Institutional_Holding\"><\/span><strong>Shareholding Pattern and Institutional Holding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Promoters held 49.07% of Indiamart Intermesh in June 2026, and promoter holding has stayed near 49.07% since June 2025. Foreign institutional investors (FII) held 19.92% and domestic institutions (DII) held 12.11%, which puts total institutional holding at 32.03%. FII holding rose from 19.22% in June 2025 to 19.92% in June 2026. Public shareholders own the remaining 18.90%. A meaningful institutional holding adds a layer of research coverage and trading depth.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Indiamart_Intermesh_Share_Price_Targets_for_the_Short_Term_and_12_Months\"><\/span><strong>Indiamart Intermesh Share Price Targets for the Short Term and 12 Months<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Short_Term_Indiamart_Intermesh_Stock_Target_Levels_Technical_Setup\"><\/span><strong>Short Term Indiamart Intermesh Stock Target Levels: Technical Setup<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At Rs 1,616.00 on 9 October 2026, Indiamart Intermesh trades below its 50-day simple moving average of Rs 1,707.29 and below its 200-day exponential moving average of Rs 1,955.30. The 14-day RSI reads 43.8, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 1,707.29 (50-day simple moving average) and the nearest support is Rs 1,565.10 (52-week low). A sustained move above Rs 1,707.29 would improve the short-term setup, while a close below Rs 1,565.10 would shift attention to the next support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Month_Indiamart_Intermesh_Target_Price_for_2027\"><\/span><strong>12 Month Indiamart Intermesh Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month target for Indiamart Intermesh is Rs 1,917: forward EPS of Rs 98.14 at a PE of 19.53. That is 18.6% above Rs 1,616.00. It would still leave the stock 24.1% below its 52-week high of Rs 2,525.90.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_EPS_Growth_and_PE_Multiple_Change_the_Indiamart_Intermesh_Target_Price\"><\/span><strong>How EPS Growth and PE Multiple Change the Indiamart Intermesh Target Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>EPS Growth<\/th>\n<th>PE 15.62<\/th>\n<th>PE 19.53<\/th>\n<th>PE 22.46<\/th>\n<\/tr>\n<tr>\n<td>0.0% (EPS Rs 82.04)<\/td>\n<td>Rs 1,281<\/td>\n<td>Rs 1,602<\/td>\n<td>Rs 1,843<\/td>\n<\/tr>\n<tr>\n<td>19.6% (EPS Rs 98.14)<\/td>\n<td>Rs 1,533<\/td>\n<td>Rs 1,917<\/td>\n<td>Rs 2,204<\/td>\n<\/tr>\n<tr>\n<td>25.0% (EPS Rs 102.55)<\/td>\n<td>Rs 1,602<\/td>\n<td>Rs 2,003<\/td>\n<td>Rs 2,303<\/td>\n<\/tr>\n<\/table>\n<p>Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Indiamart Intermesh price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bull_Case_and_Downside_Risk_for_Indiamart_Intermesh_Stock_Target_in_2027\"><\/span><strong>Bull Case and Downside Risk for Indiamart Intermesh Stock Target in 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_2303\"><\/span><strong>Bull Case Rs 2,303<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case Indiamart Intermesh price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 102.55, and a PE multiple that rises 15% to 22.46. That gives Rs 2,303, 42.5% above the current price and below the 52-week high of Rs 2,525.90.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Downside_Risk_Level_Rs_1281\"><\/span><strong>Downside Risk Level Rs 1,281<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The downside risk level is not a target. It assumes EPS stays flat at Rs 82.04 and the PE falls 20% to 15.62. That gives Rs 1,281, 20.7% below the current price and below the 52-week low of Rs 1,565.10.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Scenario<\/th>\n<th>EPS Growth<\/th>\n<th>PE Multiple<\/th>\n<th>Price (Rs)<\/th>\n<th>Change vs CMP<\/th>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>25.0%<\/td>\n<td>22.46<\/td>\n<td>Rs 2,303<\/td>\n<td>+42.5%<\/td>\n<\/tr>\n<tr>\n<td>Base Case<\/td>\n<td>19.6%<\/td>\n<td>19.53<\/td>\n<td>Rs 1,917<\/td>\n<td>+18.6%<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk<\/td>\n<td>0.0%<\/td>\n<td>15.62<\/td>\n<td>Rs 1,281<\/td>\n<td>-20.7%<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Indiamart_Intermesh_Target_Price_for_2027\"><\/span><strong>Key Risks to the Indiamart Intermesh Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Growth_Slowdown_Risk_for_the_Indiamart_Intermesh_Price_Target\"><\/span><strong>Growth Slowdown Risk for the Indiamart Intermesh Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue in the June 2026 quarter was up 12.2% year on year, and FY26 revenue growth was 6.8%. If growth slows from here, the EPS estimate behind the Indiamart Intermesh stock target will need revising.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Liquidity_and_Size_Risk\"><\/span><strong>Liquidity and Size Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Indiamart Intermesh has a market capitalisation of Rs 9,637 crore. Institutional holding is 32.03%, and promoters hold 49.07%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_and_Margin_Risk\"><\/span><strong>Valuation and Margin Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net margin was 26.8% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 19.53 versus an industry PE of 124.53, a de-rating toward the downside-risk PE of 15.62 would cut the price even if earnings hold.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Market_and_Technical_Risk\"><\/span><strong>Market and Technical Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The stock trades 36.0% below its 52-week high, with an RSI of 43.8 and a MACD reading above its signal line. Broader market weakness can override company fundamentals in the short term.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Indiamart_Intermesh\"><\/span><strong>How to Invest in Indiamart Intermesh<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Start with the live price and volume. Any Indiamart Intermesh share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 1,616.00 price before acting on any level.<\/p>\n<p>Next, review the fundamentals yourself. The Univest Screener lets you check Indiamart Intermesh&#8217;s PE, ROE, debt and shareholding in one place.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Indiamart Intermesh fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<p>Then compare the three Indiamart Intermesh target price scenarios with your own view. If you expect EPS growth below 19.6%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.<\/p>\n<p>Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.<\/p>\n<p>Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Indiamart Intermesh live price and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Indiamart Intermesh share price target for 2027 is Rs 1,917 in the base case, with Rs 2,303 as the bull case. The support for that view is arithmetic you can check: EPS grew 19.6% a year over FY24 to FY26, and the stock trades at a PE of 19.53. The risks are equally concrete, including a stock that sits 36.0% below its 52-week high and a downside scenario that cuts the price 21% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Indiamart_Intermesh_Share_Price_Target_2027\"><\/span><strong>FAQs on Indiamart Intermesh Share Price Target 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Indiamart_Intermesh_share_price_target_for_2027\"><\/span><strong>What is the Indiamart Intermesh share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The base-case Indiamart Intermesh share price target for 2027 is Rs 1,917, with Rs 2,303 as the bull case. The downside risk level, which is not a target, is Rs 1,281. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Indiamart_Intermesh_share_price_today\"><\/span><strong>What is the Indiamart Intermesh share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 9 October 2026, 3:29 PM IST, Indiamart Intermesh trades at Rs 1,616.00, up 0.83% on the day. The 52-week range is Rs 1,565.10 to Rs 2,525.90.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Indiamart_Intermesh_a_buy_or_sell_at_the_current_price\"><\/span><strong>Is Indiamart Intermesh a buy or sell at the current price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data is mixed rather than one-sided: EPS has grown 19.6% a year over FY24 to FY26, but the stock is 36.0% below its 52-week high. Whether Indiamart Intermesh fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_bull_case_target_and_downside_risk_level_for_Indiamart_Intermesh_shares\"><\/span><strong>What are the bull case target and downside risk level for Indiamart Intermesh shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The bull case target is Rs 2,303, which assumes 25.0% EPS growth and a PE of 22.46. The downside risk level is Rs 1,281, which assumes flat EPS and a PE of 15.62. It marks a risk, not a target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_to_the_Indiamart_Intermesh_price_target\"><\/span><strong>What are the main risks to the Indiamart Intermesh price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are slower revenue growth, a small market capitalisation of Rs 9,637 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Indiamart_Intermesh_and_how_does_it_compare_with_the_industry\"><\/span><strong>What is the PE ratio of Indiamart Intermesh and how does it compare with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PE ratio of Indiamart Intermesh is 19.53 against an industry PE of 124.53. Price to book is 4.01 and return on equity is 19.78%. The base case in the Indiamart Intermesh price target holds this PE constant.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_owns_Indiamart_Intermesh_and_what_is_the_promoter_holding\"><\/span><strong>Who owns Indiamart Intermesh, and what is the promoter holding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Promoters held 49.07% of Indiamart Intermesh in June 2026. FII held 19.92%, DII held 12.11% and the public held 18.90%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Indiamart_Intermeshs_latest_quarterly_results\"><\/span><strong>What were Indiamart Intermesh&#8217;s latest quarterly results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the June 2026 quarter, Indiamart Intermesh reported revenue of Rs 521.10 crore (up 12.2% year on year) and net profit of Rs 172.20 crore (up 12.2%).<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Indiamart Intermesh share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The base-case Indiamart Intermesh share price target for 2027 is Rs 1,917, with Rs 2,303 as the bull case. The downside risk level, which is not a target, is Rs 1,281. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.\"}},{\"@type\":\"Question\",\"name\":\"What is the Indiamart Intermesh share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of 9 October 2026, 3:29 PM IST, Indiamart Intermesh trades at Rs 1,616.00, up 0.83% on the day. The 52-week range is Rs 1,565.10 to Rs 2,525.90.\"}},{\"@type\":\"Question\",\"name\":\"Is Indiamart Intermesh a buy or sell at the current price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The data is mixed rather than one-sided: EPS has grown 19.6% a year over FY24 to FY26, but the stock is 36.0% below its 52-week high. Whether Indiamart Intermesh fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. 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FII held 19.92%, DII held 12.11% and the public held 18.90%.\"}},{\"@type\":\"Question\",\"name\":\"What were Indiamart Intermesh's latest quarterly results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In the June 2026 quarter, Indiamart Intermesh reported revenue of Rs 521.10 crore (up 12.2% year on year) and net profit of Rs 172.20 crore (up 12.2%).\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indiamart Intermesh share price target 2027: base Rs 1,917, bull Rs 2,303, downside risk level Rs 1,281, built from reported earnings, valuation and shareholding data.<\/p>\n","protected":false},"author":36,"featured_media":299809,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[1019],"class_list":["post-299810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["299809"],"rank_math_title":["Indiamart Intermesh Share Price Target 2027: Base and Bull Case"],"rank_math_description":["The Indiamart Intermesh share price target for 2027 is Rs 1,917 versus Rs 1,616.00 today. Bull case, downside risk, earnings trend and risks explained. October 2026."],"rank_math_focus_keyword":["Indiamart Intermesh share price target | Density Target: 1.2 to 1.5%"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/indiamart-intermesh-share-price-target-2027-base-and-bull-targets-built-on-fy26.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=299810"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299810\/revisions"}],"predecessor-version":[{"id":299811,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299810\/revisions\/299811"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/299809"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=299810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=299810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=299810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}