Indiamart Intermesh Limited — Investor Meet, 02-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

IndiaMART reported consolidated revenue of Rs. 355 Cr in Q4 and Rs. 1,388 Cr for FY25, up 13% and 16% YoY. Customer collections grew 12% QoQ to Rs. 541 Cr. Paying suppliers rose by 2,139 to 217k, with Platinum and Gold subscribers contributing 75% of revenue and showing strong ARPU growth (10-17%). EBITDA margins held near 40%, expected to ease to 33-35% as growth investments resume. Busy Infotech saw 42% YoY billing growth with 8k+ licenses sold. Management is cautiously piloting ad spend to boost growth; cash balance stands at Rs. 2,885 Cr with a Rs. 50/share dividend approved.