Indiamart Intermesh Limited (INDIAMART) announced its financial results for the second quarter ending September 30, 2026. The company reported consolidated revenue from operations of Rs. 429 Crore, up 10% YoY compared to Rs. 391 Crore in the same quarter last year. This growth includes IndiaMART Standalone Revenue of Rs. 389 Crore and Busy Infotech Revenue of Rs. 37 Crore.

Operational Highlights

Collections from customers grew to Rs. 443 Crore, representing a 9% YoY growth, primarily comprising IndiaMART Standalone Collections of Rs. 394 Crore and Busy Infotech Collections of Rs. 46 Crore. Deferred revenue as on September 30, 2026, increased to Rs. 2,029 Crore, reflecting a 16% YoY growth. The company’s net profit for the quarter was Rs. 91 Crore, while cash flow from operations was Rs. 135 Crore.

Standalone Performance

Standalone revenue from operations increased to Rs. 389 Crore, up 8% YoY compared to Rs. 360 Crore last year. Collections from customers grew to Rs. 394 Crore, representing an 8% YoY growth. Deferred revenue as on September 30, 2026, increased to Rs. 1,863 Crore, reflecting a 14% YoY growth. EBITDA for the quarter was Rs. 156 Crore, representing a margin of 40%. Net profit for the quarter was Rs. 106 Crore.

Commenting on the performance, Mr. Dinesh Agarwal, Chief Executive Officer, said: ‘We remain focused on driving sustainable growth by building a trusted and reliable marketplace for both buyers and sellers. Our efforts to strengthen platform trustworthiness are fostering greater confidence and deeper, more meaningful engagement across the marketplace. AI remains central to enhancing user experience, from discovery and matchmaking to conversational tools, while we also explore new monetization avenues. With a robust business model and strong cash generation, we remain well positioned to create long-term value for all our stakeholders.’

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Indiamart Intermesh Limited

Indiamart Intermesh Limited belongs to the Consumer Cyclical › Internet Retail sector. Here’s a quick read on where the business and the stock stand today.

Indiamart drops 15.7% over three months and trades near its 52-week lows. Industry-leading margins of 30.3% reflect exceptional pricing power and operational efficiency. The business compounds revenue at 16.8% and profits at 18.7% CAGR. That is strong double-digit growth on both counts. The stock sits at 5% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. The business compounds at 16.8% revenue and 18.7% profit CAGR, with D/E of 0.02. Yet the stock drops 15.7% in three months. The business does not deteriorate — the stock does. That gap is what long-term investors look for. Check Fundamentals of Indiamart Intermesh Limited.

Maruti Suzuki India Limited (MARUTI) today announced its financial results for Q2 (July-September) and H1 (April-September) FY 2026-27, marking significant milestones in its performance. The company achieved its highest-ever quarterly total sales volume of 696,654 units, registering a growth of 26.5% over the same period in the previous year. This robust growth was driven by a broad-based increase in the domestic passenger vehicle market, with small car sales up by 35.9% and SUV sales soaring by 68.2%.

Record Domestic Sales

The company’s recently introduced SUVs received a strong market response, contributing to this robust growth. The domestic market share increased by 2.2 percentage points to 40.8%. Recent capacity additions have enabled the company to serve the strong demand, although demand continued to outpace supply, resulting in a low network inventory of about 17 days and pending bookings of about 200,000 units at the end of the quarter.

Export Sales and Net Profit

In export markets, despite the challenging geopolitical situation, the company could achieve sales of 108,119 units in Q2 FY 2026-27, compared to 110,487 units in Q2 FY 25-26. During the quarter, the company registered its highest-ever Net Sales of INR 506,155 million against INR 401,358 million in the same period of the previous year. The Operating Profit (EBIT) in the quarter stood at INR 28,037 million as compared to INR 33,820 million in Q2 FY25-26 owing to West-Asia conflict linked commodity increases. With this, the Net Profit for the quarter stood at INR 24,149 million compared to INR 33,028 million the same period previous year.

Moreover, during the first half of FY 2026-27, the company achieved its highest-ever half-yearly sales volume of 1,379,378 units, registering a growth of 27.9% year-on-year. This comprised record half-yearly domestic sales of 1,146,523 units and exports of 232,855 units. The company posted its highest-ever half-yearly Net Sales of INR 1,005,746 million in H1 FY 2026-27 as compared to INR 767,564 million in H1 FY 2025-26. Net Profit in H1 FY 2026-27 was at INR 57,670 million as against INR 70,609 million in H1 FY 2025-26.

As a forward-looking measure, the board approved the incorporation of a Section 8 company for setting up the Osamu Suzuki Centre of Excellence, which will use Japanese manufacturing philosophy to promote and enhance vocational and future-ready technical skills and concepts for advancing manufacturing excellence across India.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Maruti Suzuki India Limited

Maruti Suzuki India Limited belongs to the Consumer Cyclical › Auto Manufacturers sector. Here’s a quick read on where the business and the stock stand today.

Maruti drops 16.8% over three months and trades near its 52-week lows. Thin margins at 7.3% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The business compounds revenue at 15.9% and profits at 21.1% CAGR. That is strong double-digit growth on both counts. The stock sits at 6% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. The business compounds at 15.9% revenue and 21.1% profit CAGR, with D/E of 0.00. Yet the stock drops 16.8% in three months. The business does not deteriorate — the stock does. That gap is what long-term investors look for. Check Fundamentals of Maruti Suzuki India Limited.

Huhtamaki India Limited (HUHTAMAKI) announced its financial results for Q3 FY26, showcasing robust performance. The company reported net sales of Rs. 7,481 million, marking a 23.7% increase over Q3 FY25. EBIT before exceptional items stood at Rs. 521 million, reflecting an 18% rise on a comparable base excluding one-timers.

Strong Revenue Growth

The company’s net sales for the nine-month period ending September 2026 were Rs. 20,704 million, reflecting a 15.7% increase compared to the same period in FY25. EBIT before exceptional items for the nine-month period amounted to Rs. 1,528 million, showing a 22% growth over the corresponding period of the previous year.

Operational Efficiency

Commenting on the performance, Mr. Kamal Taneja, Managing Director, highlighted that the company delivered strong revenue growth during Q3 FY26 and the nine-month period. The performance was driven by volume growth and the pass through of material cost increases. Despite a volatile geopolitical environment, the business remained resilient, underpinned by higher volumes, improved product mix, and operational efficiency initiatives.

As Huhtamaki India Limited continues to focus on delivering profitable growth, maintaining disciplined capital allocation, and fostering a strong culture of accountability and execution, the company remains committed to its global strategic priorities. With a strong team and innovative products, Huhtamaki India Limited is poised to navigate future challenges and capitalize on growth opportunities.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Huhtamaki India Limited

Huhtamaki India Limited belongs to the Consumer Cyclical › Packaging & Containers sector. Here’s a quick read on where the business and the stock stand today.

Huhtamaki posts a 1.3% three-month gain, but softens in the last few weeks. The PEG of 0.40 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Thin margins at 5.2% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock gives back 1.0% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. The stock rises 1.3% in three months on -6.4% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Huhtamaki India Limited.