Daily BriefsIndia

Daily Brief India: IndiaMart and more

In today’s briefing:

  • Indiamart Intermesh Ltd- Forensic Analysis

Indiamart Intermesh Ltd- Forensic Analysis

By Nitin Mangal

  • IndiaMart (INMART IN)‘s annual report analysis highlights some of the issues that should not be overlooked.
  • In addition to changes in important disclosures, the company still continues to see less flow-through of deferred income into revenues.
  • On the assets side, it should be noted that the strategic investments are yet to show any promise, while fixed assets show some concerns including non-verification, disposals, etc.

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