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As of 6 Nov 2026, Meesho is loss-making on a trailing 12-month basis, with a net loss of ₹922 Cr, so it has no P/E ratio. The share price is ₹233.48. Sales grew 30% a year over 3 years. It carries very little debt. It is a large-cap company with a market cap of ₹1.1 lakh crore, ranked 2nd of 13 Internet Retail companies by market cap; the shares rose 37% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹233.78
Day high
₹238.42
Day low
₹230.22
Prev. close
₹233.53
Volume
76.7 L

Health check

1 good · 5 to check
  • ReturnsAhead

    +37.3% over a year, better than 6 of 7 peers.

  • Price tagLoss-making

    Earnings were negative over the last 12 months.

  • GrowthUnder pressure

    Sales +30.1% a year over 3 years, but loss-making now.

  • ProfitabilityNegative

    ROCE -27.0% vs peer median -0.2%.

  • Balance sheetStretched

    Practically debt-free, Piotroski 4 of 9.

  • Red flags3 to check

    Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Internet Retail

12 listed peers. Screen the industry

Large cap

₹1.1L Cr, #2 of 13 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹14,893 Cr · profit ₹−922 Cr
Market cap
₹1.1L Cr
Large cap
P/E
n/a
Industry 16.3
Price to book
26.26
Peers 4.02
Dividend yield
0.00%
ROE
−36.5%
Peers −2.9%
ROCE
−27.0%
Peers −0.2%
Debt to equity
0.01
Debt ₹49 Cr
EPS (TTM)
−₹2.04
Face value ₹1
OPM (TTM)
−8.4%
Net margin −6.2%
Sales growth
+34.4%
Latest quarter vs a year ago
Profit growth
n/a
Year-ago quarter not reported
Price to sales
7.26
EV/EBITDA −84.5

Strengths and risks

Strengths

  • Practically debt-free.
  • Quarterly sales up 34.4% on a year ago.

Risks to check

  • Loss-making over the last twelve months.
  • Return on equity is low at −36.5%.
  • Interest coverage of only −156.0×.

Derived automatically from reported figures. Not a recommendation.

About Meesho

Meesho Limited operates an e-commerce marketplace in India. It operates in two segments, Marketplace and New Initiatives. The company operates Meesho, an online platform that connects consumers, sellers, logistics partners, and content creators; displays ads; and provides logistics services comprising order management, order pickup, transportation, and delivery. It also provides digital financial and AI agentic services. The company was incorporated in…

Headquarters
Bengaluru
Employees
2,078
Sector
Consumer Cyclical
ISIN
INE0VDM01015
Website
meesho.com

Price range

52 weeks

₹125.56₹254.40

Today

₹230.22₹238.42
Avg volume (3M)
1.9 Cr
1-year return
plus 37.3%
From 52-week high
minus 8.2%

Analyst consensus

18 analysts
BuyMean target ₹227.39 minus 2.6%

The mean target is below today’s price.

Target range, with today’s price

Low ₹125.00High ₹285.00

Consensus from Yahoo Finance. Not a recommendation.

Peers · Internet Retail

Compare with peersScreen the whole industry
Company
ETERNALEternal363.15plus 1.35%3,34,562685.210.372.9%1.6%2.8%97.7%–0.00%plus 14.3%
MEESHOMeesho233.48minus 0.02%1,08,125–26.26−27.0%−36.5%−8.4%30.1%–0.00%plus 37.3%
NYKAAFSN E-Commerce Ventures353.00plus 0.77%1,01,158315.261.4324.0%20.8%8.4%24.7%117.9%0.00%plus 39.7%
SWIGGYSwiggy191.17plus 0.88%50,141–3.01−19.4%−26.7%−10.8%41.0%–0.00%minus 54.2%
INDIAMARTIndiamart Intermesh1,547.10minus 1.85%9,30418.64.0220.0%22.5%32.0%16.8%18.7%1.94%minus 36.1%
FIRSTCRYBrainbees Solutions159.61minus 2.40%7,754–1.59−0.2%−2.9%3.3%16.4%–0.00%minus 53.1%
RTNINDIARattanIndia Enterprises25.12minus 1.87%3,469–4.46−11.6%−31.3%−0.5%22.1%–0.00%minus 50.5%
ACEVECTORAceVector18.81minus 5.10%1,024–2.74−12.0%−17.1%−9.9%−23.7%–0.00%minus 27.9%
Median of 7 peers–−1.85%9,304315.24.02−0.2%−2.9%2.8%22.1%68.3%0.00%−36.1%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrSep 25Dec 25Mar 26Jun 26Sep 26
3,0743,5183,5313,7134,132
3,5304,0563,7863,9374,361
−456−539−255−225−229
−14.8%−15.3%−7.2%−6.1%−5.5%
18178.8116114127
1.23.92.42.11.4
9.310.918.619.720.1
−45−3.7–––
−331−479−160−133−123
−24.5%−2.5%−3.9%–−7.4%
−411−491−166−133−132
-0.91-1.14-0.36-0.28-0.28

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+30.1%
ROE
−36.5%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
5,7357,6159,39012,626
–+32.8%+23.3%+34.5%
7,5258,0889,93414,024
−1,790−473−544−1,398
−31.2%−6.2%−5.8%−11.1%
88.3192276226
1.36.46.99
3058.13446.8
61.317.7−1,14618.3
−1,672−328−1,455−1,209
––−170.9%−12.3%
−1,672−328−3,942−1,358
-3.70-0.73-8.73-3.11

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
––0.3456
––1,4453,930
11.772.358.362.6
1,3701,8595,7223,458
3,8534,1617,2267,907
34.111095.3126
870767236508
2,1632,2265,3452,170
7861,0571,5495,102
3,8534,1617,2267,907

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−2,308220539−3,875
498−166−2,635247
−11.8−11.42,1054,101
−1,82243.29.4473
−38−35.2−22.9−101
−2,346185516−3,976

Shareholding pattern

Source: NSE filings
16.3%
promoters
  • Promoters16.34%
  • Public83.66%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202616.34%83.66%minus 0.07
30 Jun 202616.41%83.59%minus 0.16
31 Mar 202616.57%83.43%minus 0.19
31 Dec 202516.76%83.24%0.00
9 Dec 202516.76%83.24%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you