BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
IndiaMART InterMESH Ltd. delivered strong operational performance during Q3 FY21, led by robust increase in paid suppliers (at 7k v/s their target range of ~5,000).
Collections were up 9% sequentially but flat on a YoY basis.
Margin showed great resilience, with the company reporting the highest ever Ebitda margin of 48.4% (v/s our estimate of 39.8%) on lower variable pay and stable employee count.
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