Meesho

NSE: MEESHOBSE: 544632
Compare with peers
₹ 226.50▲ 3.4 (+1.52%)28 Oct, 03:29 pm IST
Market cap
₹ 99,487 Cr.
P/E
69.3x
P/B
22.81x
52-week range
125.56 – 254.4
ROE
−42%
ROCE
−36%
Dividend yield
0%
Debt / equity
0.01
Sector
Retailing
Industry
E-Retail/ E-Commerce
Listed on
NSE, BSE

About

Meesho Limited provides multi-sided technology platform driving e-commerce in India. Its e-commerce marketplace, that it operates under the brand name Meesho. It operates in two segments: Marketplace, which is a technology platform connecting consumers, sellers, logistics partners, and content creators, and New Initiatives, such as its low-cost local logistics network for daily essentials and a digital financial services platform. It is focused platform is designed to serve all segments of consumers across India by making e commerce affordable, accessible and engaging. It is focused on providing Everyday Low Prices to consumers. It offers various products across all categories, including apparel, footwear and accessories, home, kitchen and furnishings, kids and baby products, beauty and personal care, and others. It offers various collection of western wear for women, men’s western wear, men's ethnic wear, men’s accessories and footwear, baby care and kids fashion wear and others.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

E-Retail/ E-Commerce: 22 companies →

Meesho against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)69.3 against a typical 36.9: pricier than most peers (1st = cheapest).15th of 21
  • Sales growth+48.3% against a typical +32.6% from a year earlier.6th of 18
  • Share price, 3 months+24.3% against a typical −2.2%.3rd of 19
  • Size₹ 99,486.9 Cr. market value against a typical ₹ 186.5 Cr. (1st = largest).2nd of 20

Latest announcements

Exchange filings and their impact on the company.

  • 12 Oct 2026Press ReleaseMedium impactPositivePrice −0.8% that day
    Meesho's festive sale opened with ~75% YoY Day 1 order growth, signaling strong demand momentum.

    Meesho said Day 1 orders in its Mega Blockbuster Sale 2026 grew about 75% year-on-year, with peak orders crossing 75,000 per minute within 15 minutes of going live. Transacting customers rose about 60% and transacting sellers rose about 63%, while Meesho Mall orders grew over 200% and content commerce orders grew 3.7 times. The strong start points to healthy festive demand across Bharat, which should support higher volumes and better scale for Meesho and its sellers.

    Filing
  • 6 Oct 2026General UpdatesLow impactPositivePrice −0.7% on 7 Oct
    Meesho to put up to Rs 50 cr more into Retail Pulse Labs after Kirana Club deal, with Rs 202 cr acquisition terms unchanged.

    Meesho's board on October 6, 2026 approved an investment of up to Rs 50 crore in Retail Pulse Labs, which will become a step-down subsidiary once the first tranche of the Kirana Club acquisition closes. It also approved procedural amendments to the June 12, 2026 share purchase agreement, with total consideration unchanged at Rs 202.09 crore and no tranche completed yet. The extra Rs 50 crore, to be deployed within a year, is tiny versus Meesho's scale and will fund growth of the kirana-led business with only a small near-term loss drag.

    Filing
  • 6 Oct 2026Press ReleaseMedium impactPositivePrice +5.2% that day
    Meesho's creator-led NMV surged 152% YoY on 1.6 lakh creators and 4 lakh sellers, supporting continued high growth.

    Meesho said Net Merchandise Value through its Content Commerce ecosystem grew 152% year-on-year, supported by 1.6 lakh active creators over the last 12 months, 90% of them nano creators. Homemakers made up 40% and young graduates 30% of creators, while 66% of content-led orders came from Tier 3 and Tier 4 cities and over 4 lakh sellers opted in. Its short-video surface Video Finds recorded nearly 4,800 crore views and about 9,000 crore minutes of watch time. The update signals strong traction for discovery-led shopping in Bharat, which should support continued marketplace growth and seller demand.

    Filing

Board meetings

Results dates and other board meetings. Full calendar

Details
28 Oct 2026UpcomingFinancial ResultsTo consider and approve the financial results for the period ended September 30, 2026
23 Jul 2026Financial ResultsTo consider and approve the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026
6 May 2026Financial ResultsTo consider and approve the Audited Financial Results (standalone and consolidated) of the Company for the quarter and financial year ended March 31, 2026
30 Jan 2026Financial ResultsTo consider and approve the unaudited financial results for the period ended December 31, 2025

Share price

1M change +4.46%
1 of 3 filing days came with a big price moveBiggest +5.2% on 6 Oct 2026AI reading matched the move 1 of 1
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,6792,4002,5043,0743,5183,5313,713
Expenses2,8092,6312,7683,5304,0563,7863,937
Operating Profit−131−231−264−456−539−255−225
OPM %−4.9%−10%−11%−15%−15%−7%−6%
Other Income160−1,1583413675116114
Interest2111422
Depreciation12589111920
Profit before tax15−1,395−240−330−479−160−133
Tax %342%0%21%24%3%4%0%
Net Profit−37−1,391−289−411−491−166−133
EPS in Rs−4.44−159.79−1.49−2.11−1.09−0.36−0.29

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
—
3 Years
30%
TTM
34%
Compounded Profit Growth
10 Years
—
5 Years
—
3 Years
8%
TTM
75%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
—
3 Years
−92%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
16.41%
FIIs
5.19%
DIIs
9.14%
Public
69.26%

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 69.3xEPS (12 months) ₹ 3.22Median P/E 100.9x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Meesho₹ 226.50₹ 99,487 Cr.69.3x22.8x−42%—
Tata Consultancy Services₹ 2,528.00₹ 9,14,653 Cr.15.7x7.7x48%18.2%
Infosys₹ 1,154.50₹ 4,68,523 Cr.14.8x4.8x31.2%16.5%
HCL Technologies₹ 1,424.00₹ 3,86,426 Cr.18.8x4.4x—13%
Tech Mahindra₹ 1,789.40₹ 1,75,385 Cr.27.9x5.2x—8.7%
Billionbrains Garage Ventures₹ 181.65₹ 1,13,960 Cr.61.3x13.3x—46.5%

Management

Vidit Aatrey
Executive Chairman, Chief Executive Officer, Managing Director
Dhiresh Bansal
Chief Financial Officer
Sanjeev Kumar
Whole Time Director, Chief Technology Officer
Rahul Bhardwaj
Company Secretary, Compliance Officer

Prices are delayed and for information only. Nothing on this page is investment advice.