Indian Accounting Research Analyst, Trudence Capital Advisors

Nitin Mangal

Nitin Mangal is a Research Analyst with more than 15 years of experience in Indian equities. He is Pioneer of Corporate Governance and Accounting Research in Indian Market and has successfully developed product for Institutional Investors named as "Analysis Beyond Consensus" during his association with Edelweiss Securities Ltd, Mumbai. Later during the career, he has worked with Veritas Investment Research Corporation, Canada as Asia Consultant covering Indian and US equities. He has been profiled by leading financial newspapers such as Wall Street Journal, Business Standard etc

Indian Accounting Research Analyst

Indiamart Intermesh Ltd: Q4-F2022 Result Update

Smartkarma Webinar | Bearish IndiaMart (INMART IN): Against Consensus

2022 High Conviction- IndiaMart (INMART IN)- Bet Against Growth Propellants

Trudence Capital Advisors

Trudence Capital Advisors Private Limited is a SEBI-registered Research Analyst, holding SEBI registration number INH000015747. Our firm is dedicated to providing independent and unbiased research on Indian mid to large-cap companies. Trudence Capital is known for its counter-consensus views, with a focus on forensic research and on-ground primary investigations. Our research approach is thorough, involving detailed analysis of accounting practices and governance, alongside extensive channel checks.

Independent & Unbiased Research

Forensic Accounting

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<li>
<a href="https://www.smartkarma.com/entities/indiamart-intermesh-limited" target="_blank" data-smartkarma-citation="entities:27733:1" rel="noopener">IndiaMart (INMART IN)</a>'s annual report analysis highlights some of the issues that should not be overlooked.</li>
<li>In addition to changes in important disclosures, the company still continues to see less flow-through of deferred income into revenues.</li>
<li>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.</li>
</ul>



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.


Indiamart Intermesh Ltd- Forensic Analysis