{"id":309221,"date":"2026-10-15T09:35:55","date_gmt":"2026-10-15T04:05:55","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=309221"},"modified":"2026-10-15T09:35:55","modified_gmt":"2026-10-15T04:05:55","slug":"indiamart-best-stock-in-its-sector","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/indiamart-best-stock-in-its-sector\/","title":{"rendered":"Is IndiaMART the Best Stock in Its Sector? A Look at the Numbers"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>IndiaMART CMP Rs 1,616 (15 Oct 2026). Market cap Rs 9,725 Cr. ROE 19.78%. P\/E 19.71x versus Industry P\/E 122.81x.<\/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;\">IndiaMART is one of the names investors compare when screening the Business Services sector, built on a 19.78% return on equity and a P\/E of 19.71x against an Industry P\/E of 122.81x. Whether IndiaMART is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Business Services sector peers, so you can judge that for yourself.<\/p>\n<\/p><\/div>\n<p>Is <a href=\"https:\/\/univest.in\/stocks\/indiamart\/indiamart-intermesh-ltd-share-price-today\">IndiaMART<\/a> the best stock in its sector? The stock trades on the NSE at Rs 1,616 as of 15 October 2026, within its 52-week range of Rs 1,565.10 to Rs 2,525.90. Indiamart Intermesh Ltd, headquartered in Noida, runs one of India&#8217;s largest online B2B marketplaces, connecting buyers with suppliers across many product categories.<\/p>\n<p>IndiaMART sits in the Business Services sector, and its 19.78% ROE and 19.71x P\/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector&#8217;s Industry P\/E benchmark.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/abbott-india-best-stock-in-its-sector\">Is Abbott India the Best Stock in Its Sector? A Look at the Numbers<\/a><\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=indiamart-best-stock-in-its-sector\"><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-best-stock-in-its-sector\/#About_IndiaMART\" title=\"About IndiaMART\">About IndiaMART<\/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-best-stock-in-its-sector\/#Is_IndiaMART_the_Best_Stock_in_Its_Sector\" title=\"Is IndiaMART the Best Stock in Its Sector?\">Is IndiaMART the Best Stock in Its Sector?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-best-stock-in-its-sector\/#How_IndiaMART_Compares_Against_Its_Business_Services_Sector_Peers\" title=\"How IndiaMART Compares Against Its Business Services Sector Peers\">How IndiaMART Compares Against Its Business Services Sector Peers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-best-stock-in-its-sector\/#What_Makes_IndiaMART_Worth_Watching_in_Business_Services\" title=\"What Makes IndiaMART Worth Watching in Business Services\">What Makes IndiaMART Worth Watching in Business Services<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-best-stock-in-its-sector\/#IndiaMART_Valuation_Is_It_Justified\" title=\"IndiaMART Valuation: Is It Justified?\">IndiaMART Valuation: Is It Justified?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-best-stock-in-its-sector\/#How_to_Track_IndiaMART_Before_You_Invest\" title=\"How to Track IndiaMART Before You Invest\">How to Track IndiaMART Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-best-stock-in-its-sector\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-best-stock-in-its-sector\/#Is_IndiaMART_the_best_stock_in_its_sector\" title=\"Is IndiaMART the best stock in its sector?\">Is IndiaMART the best stock in its sector?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-best-stock-in-its-sector\/#What_is_the_current_share_price_of_IndiaMART\" title=\"What is the current share price of IndiaMART?\">What is the current share price of IndiaMART?<\/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-best-stock-in-its-sector\/#What_sector_does_IndiaMART_belong_to\" title=\"What sector does IndiaMART belong to?\">What sector does IndiaMART belong to?<\/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-best-stock-in-its-sector\/#How_does_IndiaMART_compare_to_its_sector_peers_on_PE\" title=\"How does IndiaMART compare to its sector peers on P\/E?\">How does IndiaMART compare to its sector peers on P\/E?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-best-stock-in-its-sector\/#What_is_IndiaMARTs_return_on_equity\" title=\"What is IndiaMART&#8217;s return on equity?\">What is IndiaMART&#8217;s return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/indiamart-best-stock-in-its-sector\/#Should_I_invest_in_IndiaMART_based_on_its_sector_position\" title=\"Should I invest in IndiaMART based on its sector position?\">Should I invest in IndiaMART based on its sector position?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"About_IndiaMART\"><\/span><strong>About IndiaMART<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Indiamart Intermesh Ltd, headquartered in Noida, runs one of India&#8217;s largest online B2B marketplaces, connecting buyers with suppliers across many product categories. It earns most of its revenue from subscription packages sold to suppliers who list on the platform. The stock trades about 36 percent below its 52-week high and about 3 percent above its 52-week low. At a market capitalisation of Rs 9,725 Cr, it is tracked as part of the Business Services sector on Univest.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_IndiaMART_the_Best_Stock_in_Its_Sector\"><\/span><strong>Is IndiaMART the Best Stock in Its Sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>IndiaMART makes its case as the best stock in its sector primarily on valuation relative to its Industry P\/E, combining a 19.78% ROE with a 19.71x P\/E against the sector&#8217;s 122.81x Industry P\/E. IndiaMART&#8217;s 19.71x P\/E is below the 122.81x Industry P\/E and Info Edge (India) at 41.25x, though above Justdial at 11.54x, while its 19.78% ROE is higher than Info Edge (India) at 3.82% and Justdial at 9.73%, and its debt to equity ratio of 0.01 is below Justdial at 0.02, and in line with Info Edge (India) at 0.01.<\/p>\n<table style=\"width:100%;border-collapse:collapse;\">\n<tr>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Metric<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">IndiaMART<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">CMP (NSE)<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 1,616.50<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">52-Week High \/ Low<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 2,525.90 \/ Rs 1,565.10<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Market Cap<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 9,725 Cr<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">P\/E (TTM) vs Industry P\/E<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">19.71x vs 122.81x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">P\/B<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">4.05<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">ROE<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">19.78%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">EPS (TTM)<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 82.04<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Dividend Yield<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">3.71%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Debt to Equity<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.01<\/td>\n<\/tr>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare IndiaMART Against Other Business Services Sector Stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_IndiaMART_Compares_Against_Its_Business_Services_Sector_Peers\"><\/span><strong>How IndiaMART Compares Against Its Business Services Sector Peers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets IndiaMART against 2 other Business Services sector names, using the same live data source for every company. A peer average row is included for P\/E, ROE and debt to equity, calculated across the 2 peer companies.<\/p>\n<table style=\"width:100%;border-collapse:collapse;\">\n<tr>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">P\/E<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/indiamart\/indiamart-intermesh-ltd-share-price-today\">IndiaMART<\/a><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">9,725<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">19.71<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">19.78%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.01<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Info Edge (India)<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">78,796<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">41.25<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">3.82%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.01<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Justdial<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">5,814<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">11.54<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">9.73%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.02<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>Peer average (2 companies)<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">&#8211;<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>26.39<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>6.78%<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>0.01<\/strong><\/td>\n<\/tr>\n<\/table>\n<p>Against this peer set, IndiaMART&#8217;s 19.78% ROE is above the 6.78% peer average, and its P\/E of 19.71x runs below the peer average of 26.39x. IndiaMART&#8217;s 19.71x P\/E is below the 122.81x Industry P\/E and Info Edge (India) at 41.25x, though above Justdial at 11.54x, while its 19.78% ROE is higher than Info Edge (India) at 3.82% and Justdial at 9.73%, and its debt to equity ratio of 0.01 is below Justdial at 0.02, and in line with Info Edge (India) at 0.01.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Makes_IndiaMART_Worth_Watching_in_Business_Services\"><\/span><strong>What Makes IndiaMART Worth Watching in Business Services<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Valuation:<\/strong> A 19.71x P\/E is below the 122.81x Industry P\/E and Info Edge (India) at 41.25x, though above Justdial at 11.54x.<\/li>\n<li><strong>Returns:<\/strong> A 19.78% ROE is higher than Info Edge (India) at 3.82% and Justdial at 9.73%.<\/li>\n<li><strong>Leverage:<\/strong> A debt to equity ratio of 0.01 is below Justdial at 0.02, and in line with Info Edge (India) at 0.01.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"IndiaMART_Valuation_Is_It_Justified\"><\/span><strong>IndiaMART Valuation: Is It Justified?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>IndiaMART&#8217;s 19.71x P\/E is below the 122.81x Industry P\/E and Info Edge (India) at 41.25x, though above Justdial at 11.54x, while its 19.78% ROE is higher than Info Edge (India) at 3.82% and Justdial at 9.73%, and its debt to equity ratio of 0.01 is below Justdial at 0.02, and in line with Info Edge (India) at 0.01. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/ofss-best-stock-in-its-sector\">Is Oracle Financial Services Software the Best Stock in Its Sector? A Look at the Numbers<\/a><\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/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 and other Business Services sector stocks.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Track_IndiaMART_Before_You_Invest\"><\/span><strong>How to Track IndiaMART Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Before deciding whether IndiaMART deserves its label as the best stock in its sector for your own portfolio, compare it directly against Business Services sector peers using the steps below.<\/p>\n<ol>\n<li>Open the Univest Screener and search for IndiaMART to view live price, valuation ratios, and peer comparisons within the Business Services sector.<\/li>\n<li>Compare its P\/E, P\/B, and ROE against other Business Services sector stocks before deciding if the current valuation fits your strategy.<\/li>\n<li>Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.<\/li>\n<li>Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>IndiaMART earns a place in the best stock in its sector conversation on the strength of a 19.78% ROE and a P\/E of 19.71x against a 122.81x Industry P\/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.<\/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<h3><span class=\"ez-toc-section\" id=\"Is_IndiaMART_the_best_stock_in_its_sector\"><\/span><strong>Is IndiaMART the best stock in its sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. IndiaMART has a 19.78% ROE and trades at 19.71x P\/E against a 122.81x Industry P\/E. Against the 2 peers compared in this article, its ROE is above the 6.78% peer average and its P\/E is below the 26.39x peer average. Its debt to equity ratio of 0.01 is below the 0.01 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_current_share_price_of_IndiaMART\"><\/span><strong>What is the current share price of IndiaMART?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> IndiaMART was trading at Rs 1,616.50 on the NSE as of 15 October 2026, within its 52-week range of Rs 1,565.10 to Rs 2,525.90. The stock trades about 36 percent below its 52-week high and about 3 percent above its 52-week low. Its market capitalisation is Rs 9,725 Cr and its EPS (TTM) is Rs 82.04, which is the earnings figure behind the 19.71x P\/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_sector_does_IndiaMART_belong_to\"><\/span><strong>What sector does IndiaMART belong to?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> IndiaMART is classified under the Business Services sector on Univest, and that group of listed companies is the reference point for the 122.81x Industry P\/E used in this article. The 2 named peers compared here are Info Edge (India) and Justdial, chosen as comparable listed names so that the P\/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Business Services sector stocks on the Univest Screener.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_IndiaMART_compare_to_its_sector_peers_on_PE\"><\/span><strong>How does IndiaMART compare to its sector peers on P\/E?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> IndiaMART&#8217;s P\/E of 19.71x is below the 26.39x average of the 2 named peers, with Info Edge (India) at 41.25x and Justdial at 11.54x. It also sits below the 122.81x Industry P\/E, which is the benchmark for the wider Business Services sector. A P\/E that is below a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P\/B ratio of 4.05 gives one more view of how the market values its book value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_IndiaMARTs_return_on_equity\"><\/span><strong>What is IndiaMART&#8217;s return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> IndiaMART reported a return on equity of 19.78%, which is above the 6.78% average of its named peers, with Info Edge (India) at 3.82% and Justdial at 9.73%. ROE shows how much profit a company generates on every rupee of shareholders&#8217; equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.01 against a peer average of 0.01. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_invest_in_IndiaMART_based_on_its_sector_position\"><\/span><strong>Should I invest in IndiaMART based on its sector position?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Sector position is only one input into an investment decision. IndiaMART has a 19.78% ROE and a 19.71x P\/E, which make it worth researching further, and its dividend yield is 3.71%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Is IndiaMART the best stock in its sector?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. IndiaMART has a 19.78% ROE and trades at 19.71x P\/E against a 122.81x Industry P\/E. Against the 2 peers compared in this article, its ROE is above the 6.78% peer average and its P\/E is below the 26.39x peer average. Its debt to equity ratio of 0.01 is below the 0.01 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.\"}},{\"@type\":\"Question\",\"name\":\"What is the current share price of IndiaMART?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"IndiaMART was trading at Rs 1,616.50 on the NSE as of 15 October 2026, within its 52-week range of Rs 1,565.10 to Rs 2,525.90. The stock trades about 36 percent below its 52-week high and about 3 percent above its 52-week low. Its market capitalisation is Rs 9,725 Cr and its EPS (TTM) is Rs 82.04, which is the earnings figure behind the 19.71x P\/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.\"}},{\"@type\":\"Question\",\"name\":\"What sector does IndiaMART belong to?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"IndiaMART is classified under the Business Services sector on Univest, and that group of listed companies is the reference point for the 122.81x Industry P\/E used in this article. The 2 named peers compared here are Info Edge (India) and Justdial, chosen as comparable listed names so that the P\/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Business Services sector stocks on the Univest Screener.\"}},{\"@type\":\"Question\",\"name\":\"How does IndiaMART compare to its sector peers on P\/E?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"IndiaMART's P\/E of 19.71x is below the 26.39x average of the 2 named peers, with Info Edge (India) at 41.25x and Justdial at 11.54x. It also sits below the 122.81x Industry P\/E, which is the benchmark for the wider Business Services sector. A P\/E that is below a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P\/B ratio of 4.05 gives one more view of how the market values its book value.\"}},{\"@type\":\"Question\",\"name\":\"What is IndiaMART's return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"IndiaMART reported a return on equity of 19.78%, which is above the 6.78% average of its named peers, with Info Edge (India) at 3.82% and Justdial at 9.73%. ROE shows how much profit a company generates on every rupee of shareholders' equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.01 against a peer average of 0.01. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.\"}},{\"@type\":\"Question\",\"name\":\"Should I invest in IndiaMART based on its sector position?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Sector position is only one input into an investment decision. IndiaMART has a 19.78% ROE and a 19.71x P\/E, which make it worth researching further, and its dividend yield is 3.71%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Is IndiaMART the best stock in its Business Services sector? A data-driven comparison against named peers on P\/E, ROE and more.<\/p>\n","protected":false},"author":35,"featured_media":309218,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[5839,1019],"class_list":["post-309221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-sector-stocks","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["309218"],"rank_math_title":["Is IndiaMART the Best Stock in Its Sector? A Look at the Numbers"],"rank_math_description":["Is IndiaMART the best stock in its Business Services sector? A data-driven comparison against named peers on P\/E, ROE and more."],"rank_math_focus_keyword":["Is IndiaMART the Best Stock in Its Sector? 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