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MEESHO · NSE · E-Retail/ E-Commerce

Meesho Ltd

What the numbers mean, from its filings and the exchange. Data as of 12 Oct 2026.
Mid Cap · AMFI list Jan-Jun 2026 · Vendor sector: Logistics
No valuation view.No view: a loss-maker (growth stage), so earnings multiples do not apply.
Statements through FY2026Prices adjusted for corporate actionsNot yet reviewed by the adversarial model

What is Meesho's share price today?

Meesho last traded at ₹230.90 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 0.8% on the day, up 36.8% over a year. Its 52-week range is ₹126 to ₹254. The live price is in the app.

₹230.90 −0.8% today
+36.8% over 1 year · NSE, as of 12 Oct 2026, 11:00 pm IST
10 month-end closes, 31 Dec 2025 to 30 Sep 2026, adjusted for splits and bonuses
52-week range82% of the way up
Low ₹126High ₹254

What is Meesho's market cap?

Meesho's market capitalisation is about ₹1.08 lakh crore: what it would cost to buy every share at today's price. That makes it the 7th largest mid cap company we cover.

₹1.1 L Cr Mid Cap7th largest mid cap company
Mid Cap means the companies ranked 101 to 250 by size, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →

Key facts

From the exchange
Symbol
NSE: MEESHO
ISIN
INE0VDM01015
Cap bucket
Mid Cap, 7th largest by market cap
Industry (NSE)
Consumer Discretionary › Consumer Services › Retailing › E-Retail/ E-Commerce
Listed since
2025
Futures and options
Not traded

Is Meesho overvalued?

No valuation view yet. No view: a loss-maker (growth stage), so earnings multiples do not apply.

Valuation

Latest price and trailing 12 months
P/E -84.63
Industry 64.39
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B 1.94
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap ₹1.08 lakh Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield Not available
Last year's dividends as a share of today's price. Learn more →
PEG (vendor) Not available
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth Not available
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
1 models could be judged
Skipped — Fair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored; P/E vs own history, P/E vs peers: no positive EPS

Our valuation range

🔒 Pro
Value range, implied growth at today's price, and the nine models behind it: in the app.

Is Meesho a quality business?

Quality score 37.9; CAUTION on 24 of 30 flags judged.

Quality and risk

Data as of 12 Oct 2026
Business quality Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score 37.9
among 9 companies
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level CAUTION
24 of 30 flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →

Profitability

ROE 4.5%
Return on equity: profit as a share of shareholders' money. Learn more →
ROCE 5.8%
Return on capital employed: operating profit as a share of all the capital in the business, debt and equity. Learn more →
Profit margin -8.4%
vs peers 5.4% · 8th of 9
Profit after everything, as a share of revenue. Learn more →
EPS ₹-2.97
Trailing 12 months
Profit for each share over the last 12 months.

Scorecard

🔒 Pro
Health scores and red flags with their values and history: in the app.
See the scorecard →
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Has Meesho made money for shareholders?

Yes: +36.8% over one year.

Shareholder returns

1-year return +36.8%
Price only
What the share price did over the last 12 months. Learn more →
5-year return Not available
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer Not available
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →

Returns

3Y and 5Y are yearly averages
1W
+2.8%
1M
+9.6%
3M
+22.6%
6M
+46.1%
1Y
+36.8%
3Y
—
5Y
—
— not available

Is Meesho growing?

Revenue 3 years 30.5% a year.

Growth

Statements through FY2026 (Mar-26)
Revenue 3 years 30.5% a year
vs peers 28.3% · 5th of 9
Compound annual growth of revenue over three years. Learn more →
Profit 3 years Not available
Compound annual growth of net profit over three years. Learn more →
Revenue 5 years Not available
Compound annual growth of revenue over five years. Learn more →
Profit 5 years Not available
Compound annual growth of net profit over five years. Learn more →
EPS 3 years Not available
Growth in earnings per share, so dilution counts against the company. Learn more →
EPS 5 years Not available
Growth in earnings per share over five years, so dilution counts against the company. Learn more →
P/E vs own history Not available
Today's P/E against its own 5-year median; negative is cheaper than its history. Learn more →

How did Meesho do last quarter?

Meesho reported revenue of ₹3,713 Cr, up 34.5% on a year earlier and a net profit of ₹-133 Cr, down 65.5% in the Jun 2026 quarter.

Latest quarter

Jun 2026
Revenue, latest quarter₹3,713 Cr
+34.5% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹-133 Cr
−65.5% on a year earlier
What was left for shareholders after every cost and tax.

How does Meesho compare with its peers?

Compared with 8 Retailing (the industry, as the basic industry was too small); the ranks are in the app.

Compared with 8 Retailing (the industry, as the basic industry was too small)

8 companies

Meesho against its peers

Largest 8 of 8 peers, by market cap
CompanyMarket capP/EP/BROEROCE1YQuality 🔒Rank 🔒
Meesho Ltd₹1.1 L Cr—1.94.5%5.8%+36.8%
Eternal Ltd₹3.1 L Cr688.25.77.3%8.2%−7.2%
Avenue Supermarts Ltd₹2.3 L Cr73.510.113.5%17.5%−16.3%
Trent Ltd₹1.6 L Cr86.015.228.9%29.2%−6.5%
Lenskart Solutions Ltd₹1.2 L Cr176.99.55.9%7.6%+68.1%
FSN E-Commerce Ventures Ltd₹98,245 Cr385.437.35.1%6.6%+31.2%
Info Edge (India) Ltd₹79,042 Cr49.41.8-1.6%4.8%−8.6%
Swiggy Ltd₹64,647 Cr—3.2——−46.1%
Vishal Mega Mart Ltd₹45,677 Cr51.07.09.9%13.2%−34.0%
Peer median—————−7.9%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.

Full peer comparison

🔒 Pro
Every peer, every figure, the ranks and the quality and forensic scores side by side: in the app.

Who owns Meesho?

Meesho is held by promoters 16.3%, foreign institutions 9.8%, domestic institutions 13.7%.

Shareholding pattern

Latest filing, percent of shares
Promoters16.3%
The founders and controlling group.
Foreign institutions9.8%
Overseas funds investing through the FPI route.
Domestic institutions13.7%
Indian insurers, banks, pension and mutual funds together.
Mutual funds11.7%
Indian mutual fund schemes; part of domestic institutions.
Retail and others1.8%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.

What do analysts say about Meesho?

16 analysts cover Meesho, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Analyst consensus

16 analysts
ConsensusBuy
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.

What does Meesho do and what is it sensitive to?

Meesho is India's largest e-commerce platform by Annual Transacting Users (251 million) and Placed Orders, connecting consumers with 846,000+ sellers. Sensitive to: festive season calendar effects (especially Diwali timing).

Business-model card

FY2026 · 20 verified
1Revenue
3Channels
0Regulators
0Reg. dependencies
1Sensitivities
1Costs
3Geographies

Meesho is India's largest e-commerce platform by Annual Transacting Users (251 million) and Placed Orders, connecting consumers with 846,000+ sellers. It earns revenue through Net Merchandise Value from marketplace transactions, optimized for affordability and accessibility across tier 2+ Indian markets.

Revenue by segment

2026-03-31
Marketplace99.9%
New Initiatives0.1%

Revenue engine

1 verified
Net Merchandise Value (NMV) from marketplace transactions
Revenue from 251 million annual transacting users purchasing from 846,000+ sellers; Q3 FY26 NMV of ₹10,995 crore growing 26% YoY

Customers & channels

3 verified
Annual Transacting Users (end consumers)
251 million active users growing 34% YoY; increasing repeat purchase frequency (9.78 transactions per user per year, up 9% YoY)
Seller network
846,000+ sellers annually, many first-time e-commerce merchants enabled to reach consumers directly
Tier 2+ markets and regional language users
Geographic channels with low-end smartphones and low-bandwidth constraints; primary accessibility focus for digital commerce adoption

Sensitivities

1 verified
Festive season calendar effects (especially Diwali timing)
Diwali timing variations between Q2 and Q3 shift quarterly NMV distribution; early Diwali in 2025 moved festival shopping from Q3 to Q2

Cost inputs

1 verified
Logistics
Technology-driven optimization of last-mile and marketplace logistics to maintain low-cost seller channel and enable competitive pricing

Geographies

3 verified
India (national market)
Primary market where Meesho operates as the largest e-commerce platform by users and order volume
Tier 2+ cities and secondary markets
Key geographic focus for accessibility; products and interfaces optimized for low-end smartphones and low-bandwidth environments
Regional language markets
Voice search and multi-lingual capabilities drive higher new-user conversion and lower entry barriers for first-time e-commerce shoppers
Each statement is checked word for word against the FY2026 annual report; the passages are in the app.

What changed recently?

Q1 FY2027 results filed (23 Jul 2026).

Change log

3 entries · newest first
  1. Results filedQ1 FY2027 results filed.
  2. Results filedQ4 FY2026 results filed.
  3. Results filedQ3 FY2026 results filed.
Get alerts →Sign in to be told when any of these change.

What this page does not tell you

What could not be judged, and why. Never empty.
  • Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored; P/E vs own history, P/E vs peers: no positive EPS.
  • FlagsCAUTION on 24 of 30 flags judged; 4 red; 6 could not be judged.
  • ForensicsForensic scores withheld: share count up 9999% in the year.
  • Data gapsDividend yield, PEG (vendor), PEG on our 3-year EPS growth, Business quality, 5-year return, Wealth destroyer and 6 more: not available yet.

What this page rests on

✓4 years of annual statements, through FY2026 (Mar-26)✓7 quarters of results✓10 months of month-end prices, adjusted for bonuses and splits○no valuation of ours yet✓business-model card FY2026 · 20 verified

Questions people ask

What is Meesho's share price today?

Meesho last traded at ₹230.90 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 0.8% on the day, up 36.8% over a year. Its 52-week range is ₹126 to ₹254. The live price is in the app.

What is Meesho's market cap?

Meesho's market capitalisation is about ₹1.08 lakh crore: what it would cost to buy every share at today's price. That makes it the 7th largest mid cap company we cover.

Is Meesho Ltd a large cap, mid cap or small cap?

Meesho Ltd (MEESHO) is a mid cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.

What is Meesho Ltd's P/E ratio?

-84.63, Industry 64.39. Price divided by last year's earnings per share: how many years of today's profit you pay for.

How does Meesho Ltd make money?

Meesho is India's largest e-commerce platform by Annual Transacting Users (251 million) and Placed Orders, connecting consumers with 846,000+ sellers. It earns revenue through Net Merchandise Value from marketplace transactions, optimized for affordability and accessibility across tier 2+ Indian markets.

Who are Meesho Ltd's peers?

Compared with 8 Retailing (the industry, as the basic industry was too small): Eternal Ltd, Avenue Supermarts Ltd, Trent Ltd, Lenskart Solutions Ltd, FSN E-Commerce Ventures Ltd and 3 more. The app shows how they compare on every figure.

Is this investment advice?

No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.

How did Meesho do last quarter?

Meesho reported revenue of ₹3,713 Cr, up 34.5% on a year earlier and a net profit of ₹-133 Cr, down 65.5% in the Jun 2026 quarter.

Who owns Meesho?

Meesho is held by promoters 16.3%, foreign institutions 9.8%, domestic institutions 13.7%.

What do analysts say about Meesho?

16 analysts cover Meesho, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Everything on Meesho, and 6,621 other companies, with 212 filters and the full peer tables

See Meesho in the app →See pricing