INDIAMART INTERMESH LIMITED (INDIAMART) : IPO update & Valuations

INDIAMART INTERMESH LIMITED (INDIAMART) is going to hit the market soon(24-26 June 2019). We have pointed out some facts about the cos:
1.IndiaMART is India’s largest online B2B marketplace for business products
and services. It has ~ 60% market share of B2B in FY2017.
2.It generate income from web services by~98.9% in 2019.
3. Cash Flow is Positive for the last 3 yrs ( Rs.40.2Cr in 2019)
4.Revenue from Operations increased from Rs.410.5Cr in 2018 to Rs.507.4Cr in 2019
5.Cos has posted profit of Rs.20.00Cr in 2019 compare to Rs.54.8Cr in 2019. It has posted loss of Rs.64.3Cr in 2017
6. Cos. is a cash rich one.Cash and cash equivalents is Rs.40.2Cr & Bank balances is Rs37.5Cr as on 31.03.2019
Valuations : Quess Corp Ltd is now Trading at x2.4 of its EPV ( March 2019 earnings considered here) whereas INDIAMART is offered for subscriptions at X3.5 of its EPV ( 03/2019 earnings basis) at higher price band of Rs.973. Its appears quite costly.

The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method.You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com
Follow us at Twitter # NiftyNext1  ::  Instagram # NiftyNext1

Support us using our Amazon Associates Link to BUY products from Amazon @ https://www.amazon.in/ref=assoc_aax_fallback_728x90?tag=8802230836-21&linkCode=ur8
//www.niftynext.com/#ixzz5n1U2taIW

Sectors to Invest

We are positive on the below sectors for Short-Mid Term
1. Oil Marking Companies & Paints ( Reason : Correction in Crude Oil )
2.Fertiliser & Agrochemical Sectors ( Reason : Good Monsoon is expected )

The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method.You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com
Support us using our Amazon Associates Link to BUY products from Amazon @ https://www.amazon.in/ref=assoc_aax_fallback_728x90?tag=8802230836-21&linkCode=ur8
//www.niftynext.com/#ixzz5n1U2taIW

Modi Re-elactions as PM & Effect on Your Porftilio

At the time of wiring this article, Nifty is Trading at 11635 with up move of +235 points. With conclusion of last phase of Parliament election on 19 May 2019 & Exit Polls showing victory for the Ruling BJP is setting the index on fire.
As a retail investor, we must evaluate ourself the impact on our portfolio.
First of all Economy has its own ups & downs, irrespective of political party.As per my opinion, Indian economy is going to recession or say is in recession as evident from Sales figure of corporate india and Q4 FY 2018-19 financial results. This Political show may take the index too new high in next few trading session, but we at Retail world will not be able to catch the skying rocket stocks.
I am confident that new govt will pay more focus on Infra, Pharam (Medicals) & Railways.
Investment in these sectors will be beneficial in mid to long term.
Wishing you a Happy Investing Term !

The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method.You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com
Support us using our Amazon Associates Link to BUY products from Amazon @ https://www.amazon.in/ref=assoc_aax_fallback_728x90?tag=8802230836-21&linkCode=ur8
//www.niftynext.com/#ixzz5n1U2taIW