Eternal vs Meesho: share price, P/E, ROE and financials compared
Eternal and Meesho at a glance
Eternal and Meesho are both listed in Consumer Services. Eternal is the larger by market cap, at ₹3.3L Cr against ₹1.1L Cr for Meesho (3.1 times as large). On valuation, Eternal has the lower price-to-book (10.37× against 26.26×). On returns and margins, Eternal has the higher operating margin (2.8% against −8.4%). Over three years, Eternal has faster 3-year sales growth (+97.7% against +30.1% a year). Meesho carries less debt for its equity, with a debt-to-equity of 0.01× against 0.18×.
Key metrics, side by side
| Metric | EternalETERNAL | MeeshoMEESHO |
|---|---|---|
| Price (₹) | 363.15 | 233.48 |
| Market cap (₹ Cr) | 3,34,562 | 1,08,125 |
| P/E | 685.2× | – |
| P/B | 10.37× (the lower figure, shaded) | 26.26× |
| Dividend yield, trailing | 0.00% | 0.00% |
| ROE | 1.6% | −36.5% |
| ROCE | 2.9% | −27.0% |
| Operating margin (OPM) | 2.8% (the higher figure, shaded) | −8.4% |
| Net margin (NPM) | 0.6% | −6.2% |
| Sales CAGR 3Y | +97.7% (the higher figure, shaded) | +30.1% |
| Profit CAGR 3Y | – | – |
| Debt to equity | 0.18× | 0.01× (the lower figure, shaded) |
| Interest cover | 2.6× (the higher figure, shaded) | −133.9× |
| Net profit TTM (₹ Cr) | 493 | −922 |
| 1Y return | +14.3% | +37.3% (the higher figure, shaded) |
| Promoter holding | – | – |
Eternal vs Meesho: common questions
Which is bigger, Eternal or Meesho?
By market cap, Eternal is bigger at ₹3.3L Cr, against ₹1.1L Cr for Meesho (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹493 Cr for Eternal and −₹922 Cr for Meesho.
Which has a higher ROE, Eternal or Meesho?
Eternal reports a return on equity of 1.6% and Meesho −36.5%. Meesho’s ROE isn’t ranked because it is loss-making. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Eternal or Meesho?
Over the last three years: Sales grew +97.7% a year at Eternal and +30.1% at Meesho, so Eternal grew sales faster. Past growth doesn’t predict future growth.