Meesho Limited
NSE: MEESHO · E-Retail/ E-Commerce · sector
₹214.84NSE close 2026-10-26
Key numbers
Market cap₹99,012 cr
Price₹214.84
52w high / low₹254 / ₹126
P/E–Sector median 13.4x
P/B22.6xSector median 3.1x
Book value₹9.5
Dividend yield–
ROE-30.9%Sector median 1.3%
ROCE-27.4%Sector median 3.0%
OPM-12.9%Sector median 2.6%
Debt / equity0.00xSector median 0.01x
EV/EBITDA–Sector median 28.7x
Interest cover-133.9x
Current ratio1.55x
Sales growth 3y–Sector median +40.6%
Profit growth 3y–Sector median +66.9%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 15 companies in E-Retail/ E-Commerce (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹2,845 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest -133.9x in the last 12 months.
- Net loss in 3 of the last 3 quarters.
- No dividend in the last 1 financial years.
- Price ₹214.84 on 2026-10-26: -15.6% from the 52-week high, +71.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹232.84 · low ₹134.77
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Revenue | 3,518 | 3,531 | 3,713 |
| EBITDA | -543 | -255 | -225 |
| OPM % | -15.4% | -7.2% | -6.1% |
| Other income | 79 | 116 | 114 |
| Net profit | -491 | -166 | -133 |
| EPS (₹) | -1.14 | -0.36 | -0.28 |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY26 | TTM |
|---|---|---|
| Revenue | 12,626 | 12,626 |
| EBITDA | -1,626 | -1,626 |
| Net profit | -1,358 | -1,358 |
| EPS (₹) | -3.11 | -3.11 |
| Dividend / share (₹) | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY26 |
|---|---|
| Shareholders' equity | 4,386 |
| Borrowings | 0 |
| Cash & equivalents | 2,845 |
| Total assets | 7,907 |
| Fixed assets | 78 |
| Capital work in progress | 0 |
| Investments | 259 |
| Receivables | 6 |
| Inventory | 0 |
| Payables | 1,570 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY26 |
|---|---|
| Cash from operations | -3,875 |
| Cash from investing | 247 |
| Cash from financing | 4,101 |
| Capex | 101 |
| Free cash flow | -3,976 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY26 |
|---|---|
| ROE % | -31.0% |
| ROCE % | -27.4% |
| Debtor days | 0 |
| Inventory days | 0 |
| Payable days | 45 |
| Cash conversion cycle (days) | -45 |
| Working capital days | 55 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 16.34% |
| FIIs | 9.83% |
| DIIs | 13.66% |
| of which Mutual funds | 11.68% |
| of which Insurance | 0.83% |
| Public (non-institutions) | 60.17% |
| Quarter | Dec 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|
| Promoters % | 16.76% | 16.76% | 16.57% | 16.41% | 16.34% |
| Promoter group | % |
|---|---|
| Vidit Aatrey | 9.86% |
| Sanjeev Kumar | 6.47% |
| Shikher Aatrey | 0.00% |
| Ravi Datt Sharma | 0.00% |
| Prasoon Sharma | 0.00% |
| Minu Margeret | 0.00% |
| Ira Margeret Aatrey | 0.00% |
| Sebi John Menachery | 0.00% |
| Annie Sebi Menachery | 0.00% |
| Nisi Ann Mary Menachery | 0.00% |
| Ram Kumar | 0.00% |
| Ahilya Devi | 0.00% |
| Shalvi Raj | 0.00% |
| Santosh Kumar Barnwal | 0.00% |
| Avyaan Barnwal | 0.00% |
| Public holders above 1% | % |
|---|---|
| Naspers Ventures BV | 11.22% |
| Elevation Capital V Limited | 10.86% |
| Peak XV Partners Investments V | 8.89% |
| SVF II Meerkat (DE) LLC | 6.84% |
| Westbridge Crossover Fund, LLC | 3.61% |
| SBI Nifty Midcap 150 ETF | 2.31% |
| Invesco India Focused Fund | 1.97% |
| Aditya Birla SUN Life Mutual Fund - Aditya Birla S | 1.91% |
| Astrend India Investment Limited | 1.82% |
| Peak XV Partners Growth Investments IV | 1.39% |
| HSBC Mutual Fund - HSBC Aggressive Hybrid Fund | 1.23% |
| Fidelity Investment Trust Fidelity Series Emerging | 1.17% |
| Mars Equity Dragon Fund VCC | 1.11% |
| Motilal Oswal Nifty 500 Index Fund | 1.01% |
2,19,369 shareholders. Pledged: – of promoter shares.
Peers in E-Retail/ E-Commerce
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| ETERNAL | ₹2,99,832 cr | 602.9x | 9.6x | 1.6% | 4.9% | 2.8% | +97.3% | – |
| MEESHO | ₹99,012 cr | – | 22.6x | -30.9% | -27.4% | -12.9% | – | – |
| NYKAA | ₹94,495 cr | 370.6x | 65.7x | 18.7% | 24.2% | 7.8% | +24.9% | – |
| SWIGGY | ₹48,666 cr | – | 2.7x | -26.3% | -19.2% | -11.8% | – | – |
| URBANCO | ₹20,113 cr | – | 10.2x | -21.5% | -17.3% | -23.2% | – | – |
| CARTRADE | ₹13,553 cr | 58.2x | 5.5x | 9.8% | 12.9% | 33.1% | +28.9% | – |
| FIRSTCRY | ₹7,966 cr | – | 1.6x | -2.6% | 0.2% | 2.6% | – | – |
| SHIPROCKET | ₹7,639 cr | – | – | – | – | – | – | – |
| RTNINDIA | ₹3,185 cr | – | 3.6x | -73.0% | – | – | +64.7% | – |
| ROBU | ₹939 cr | 38.4x | 11.0x | 35.0% | 43.9% | 11.7% | +56.8% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Marketplace | ₹12,614 cr | 99.9% | ₹-1,178 cr | -9.3% |
| New Initiatives | ₹12 cr | 0.1% | ₹-70 cr | -577.3% |
Documents
- Annual report FY26
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Freight transport by road: The Company operates a zero commission, logistics driven marketplace business model, generating its revenue primarily through its logistics network which includes order fulfilment for deliveries and return pick-ups.
| Sector | Consumer Discretionary |
| Industry | E-Retail/ E-Commerce |
| Sub-industry | E-Retail/ E-Commerce |
| Symbol | MEESHO |
| BSE code | 544632 |
| ISIN | INE0VDM01015 |
| Face value | ₹1.0 |
| Incorporated | 2015-08-13 |
| Website | https://investor.meesho.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.