Meesho Limited
₹223.10-₹1.55 (-0.7%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹74,358 Cr
- EV / EBITDA
- -290.4x
- Revenue
- ₹9,388 Cr
- Net margin
- -4.2%
- ROCE
- -21.0%
Price chart
Technical chartScreen technicals →+31.1% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -2.0%
- 3M
- +22.6%
- 6M
- +15.6%
- 1Y
- +31.1%
- 5Y
- +35.0%
52-week range
Day change -₹1.55 (-0.7%) from ₹225 to ₹223 · Last close Oct 30, 2026
AI Summary
Indian StockStrengths1
- Revenue grew 23.3% YoY
Concerns1
- Negative free cash flow (₹2105 Cr)
Rule-based from financial data. Not advice.
About the company
Meesho Limited operates an e-commerce marketplace in India. It designs and develops Meesho, an online platform which connects sellers and consumers and offers various products.
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Meesho Limited operates an e-commerce marketplace in India. It designs and develops Meesho, an online platform which connects sellers and consumers and offers various products. The company offers apparels; footwear and accessories; home, kitchen, and furnishing products; kids and baby products; beauty and personal care; jewelry; bags; electronics; sports and fitness; office supplies and stationeries; car and motorbike accessories; pet supplies; and other products, as well as displaying ads, logistics, and content commerce services. It also provides digital financial services, and daily essentials and groceries. Meesho Limited is incorporated in 2015 and is based in Bengaluru, India. Meesho Limited is a subsidiary of Meesho Inc.
- Sector
- Consumer Discretionary
- Shares outstanding
- 451 Cr shares
- ISIN
- INE0VDM01015
- BSE code
- 544632
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹74,358 Cr
- EV / EBITDA
- -290.4x
- EV / Sales
- 9.7x
- P/S
- 9.8x
- 52-week high
- ₹240.70
- 52-week low
- ₹134.90
Profitability
- Operating margin
- -6.4%
- Net margin
- -4.2%
- EBITDA margin
- -3.3%
- ROE
- -14.2%
- ROCE
- -21.0%
- ROA
- -7.6%
- Dividend payout
- 0.0%
- Tax rate
- 0.0%
- Other income, % of PBT
- -72.6%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹9,388 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 23.3%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹254 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 84.5%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 1121.1%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹226 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -109.8%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹44.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 17.3%
Solvency and efficiency
- Current ratio
- 2.19
- Debt / Equity
- 0.03
- Debt / Assets
- 0.02
- Debt / EBITDA
- -0.28
- Financial leverage
- 1.86
- CFO / Net profit
- -0.71
- Cash / Market cap
- 4.4%
- Cash per share
- ₹7.33
- Asset turnover
- 1.83
- Fixed asset turnover
- 67.99
- Capital intensity
- 0.01
- Debtor days
- 0 days
- Cash conversion cycle
- 0 days
Where the revenue went
FY2025 ended in a loss, so the lines are listed rather than drawn as a flow.
| Line | FY2025 |
|---|---|
| Sales | ₹9,388 Cr |
| Expenses | ₹9,943 Cr |
| Operating profit | -₹555 Cr |
| Other income | -₹801 Cr |
| Interest | ₹7 Cr |
| Depreciation | ₹34 Cr |
| Profit before tax | -₹1,397 Cr |
| Tax and other | ₹2,486 Cr |
| Net profit | -₹3,883 Cr |
Revenue and net profit
Revenue grew 23.3% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹793 Cr | -₹499 Cr |
| FY2022 | ₹3,232 Cr | -₹3,248 Cr |
| FY2023 | ₹5,735 Cr | -₹1,675 Cr |
| FY2024 | ₹7,615 Cr | -₹318 Cr |
| FY2025 | ₹9,388 Cr | -₹3,883 Cr |
Cash flows
FY2025: ₹543 Cr from operations, -₹2,105 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | -₹247 Cr | ₹31 Cr |
| FY2022 | -₹2,113 Cr | -₹3,020 Cr |
| FY2023 | -₹2,303 Cr | -₹3,592 Cr |
| FY2024 | ₹226 Cr | ₹55 Cr |
| FY2025 | ₹543 Cr | -₹2,105 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹9,388 Cr+23.3%1Y
- Net profit
- -₹3,883 Cr
- Cash from operations
- ₹543 Cr+140.3%1Y
- Free cash flow
- -₹2,105 Cr-3,927.3%1Y
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹9,388 Cr | -₹555 Cr | — | -₹3,883 Cr | ₹543 Cr | -₹2,105 Cr | -256.1% | +23.3% | +1121.1% |
Monthly returns
Month-by-month returns of MEESHO across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹7,258 Cr |
| Equity capital | ₹27 L |
| Reserves | ₹1,516 Cr |
| Borrowings | ₹58 Cr |
| Other liabilities | ₹5,683 Cr |
| Assets | ₹7,258 Cr |
| Fixed assets | ₹96 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹5,006 Cr |
| Other assets | ₹2,157 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
MEESHO has no positive P/E; the peer median is 55.4x.
Not shown (no positive earnings and no EV / Sales): Meesho Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Meesho LimitedMEESHOthis company | ₹74,358 Cr | — | — | -14.2% | -290.4x |
| United Spirits LimitedUNITDSPR | ₹95,949 Cr | 55.4x | 11.9x | 18.8% | 46.6x |
| LG Electronics India LimitedLGEINDIA | ₹94,943 Cr | 46.2x | — | 40.1% | 38.6x |
| Havells India LimitedHAVELLS | ₹89,811 Cr | 60.9x | 10.4x | 17.1% | 41.5x |
| Lenskart Solutions LimitedLENSKART | ₹77,370 Cr | 599.0x | — | 2.4% | 158.4x |
| FSN E-Commerce Ventures LimitedNYKAA | ₹72,865 Cr | 1134.0x | 42.6x | 7.9% | 661.0x |
| Berger Paints India LtdBERGEPAINT | ₹60,724 Cr | 58.4x | 10.6x | 20.3% | 35.0x |
| Vishal Mega Mart LimitedVMM | ₹59,889 Cr | 110.0x | 9.0x | 5.7% | 102.3x |
| Patanjali Foods LimitedPATANJALI | ₹58,948 Cr | 41.3x | 4.9x | 7.5% | 38.4x |
| Peer median | — | 55.4x | 6.3x | 11.8% | 36.3x |
Year-to-date ROI
MEESHO since 1 January, against earlier years.
Historical volatility
MEESHO's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | -68.0% |
| FY2022 | -104.0% |
| FY2023 | -31.0% |
| FY2024 | -6.0% |
| FY2025 | -6.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹9,388 Cr |
| Costs | |
| Interest | ₹7 Cr |
| Expenses | ₹9,943 Cr |
| Operating profitOperating Profit | -₹555 Cr |
| Other income and charges | |
| Profit before tax | -₹1,397 Cr |
| Tax | |
| Net profitNet Profit | -₹3,883 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹7,258 Cr |
| Equity capitalEquity Capital | ₹27 L |
| Reserves | ₹1,516 Cr |
| Borrowings | ₹58 Cr |
| Other liabilitiesOther Liabilities | ₹5,683 Cr |
| AssetsTotal Assets | ₹7,258 Cr |
| Fixed assetsFixed Assets | ₹96 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹5,006 Cr |
| Other assetsOther Assets | ₹2,157 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹543 Cr |
| Investing cash flowCash from Investing Activity | -₹2,648 Cr |
| Financing cash flowCash from Financing Activity | ₹2,105 Cr |
| Change in cashNet Cash Flow | ₹0 Cr |
Learn while you research
Academy chapters picked for Meesho Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Growth Investing23% revenue growth is in the top tier, learn how to value growth.7 min read
- 04 Cyclical vs Defensive StocksConsumer staples behave defensively across the business cycle.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read