Meesho Ltd
The Company is an app-based marketplace that is operated under the brand of Meesho that connects sellers and end consumers. Its offerings span categories including fashion, accessories, electronics, home and kitchen items, health, and fitness equipment, and office supplies.[1]
- Market Cap ₹ 75,550 Cr.
- Current Price ₹ 167
- High / Low ₹ 255 / 154
- Stock P/E
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE -8.85 %
- ROE -257 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 16.8%
- Company has a low return on equity of -126% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Services Retailing E-Retail/ E-Commerce
Part of BSE IPO
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2025 | |
|---|---|
| 2,504 | |
| 2,768 | |
| Operating Profit | -264 |
| OPM % | -11% |
| 34 | |
| Interest | 1 |
| Depreciation | 8 |
| Profit before tax | -240 |
| Tax % | 21% |
| -289 | |
| EPS in Rs | -1.49 |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 793 | 3,232 | 5,735 | 7,615 | 9,388 | |
| 1,328 | 6,598 | 7,533 | 8,100 | 9,943 | |
| Operating Profit | -536 | -3,366 | -1,799 | -485 | -555 |
| OPM % | -68% | -104% | -31% | -6% | -6% |
| 46 | 127 | 155 | 231 | -801 | |
| Interest | 0 | 0 | 1 | 6 | 7 |
| Depreciation | 9 | 9 | 30 | 58 | 34 |
| Profit before tax | -499 | -3,248 | -1,675 | -318 | -1,397 |
| Tax % | 0% | 0% | 0% | 0% | 178% |
| -499 | -3,248 | -1,675 | -318 | -3,883 | |
| EPS in Rs | -127.92 | -519.82 | -213.79 | -40.64 | -445.98 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 43% |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -20% |
| TTM: | -1346% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -180% |
| 3 Years: | -126% |
| Last Year: | -257% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 4 | 6 | 8 | 0.00 | 0.27 |
| Reserves | 150 | 466 | 2,169 | 2,241 | 1,516 |
| 0 | 0 | 0 | 72 | 58 | |
| 586 | 2,143 | 1,376 | 1,854 | 5,683 | |
| Total Liabilities | 739 | 2,616 | 3,553 | 4,168 | 7,258 |
| 8 | 35 | 56 | 112 | 96 | |
| CWIP | 0 | 0 | 2 | 0 | 0 |
| Investments | 358 | 1,198 | 2,053 | 754 | 5,006 |
| 374 | 1,383 | 1,442 | 3,302 | 2,157 | |
| Total Assets | 739 | 2,616 | 3,553 | 4,168 | 7,258 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -247 | -2,113 | -2,303 | 226 | 543 | |
| 278 | -907 | -1,289 | -171 | -2,648 | |
| -5 | 3,372 | 3,263 | -11 | 2,105 | |
| Net Cash Flow | 25 | 353 | -328 | 44 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 71 | 0 | 0 | 0 | 0 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 71 | 0 | 0 | 0 | 0 |
| Working Capital Days | -131 | -145 | -59 | 20 | -165 |
| ROCE % | -1,038% | -126% | -15% | -9% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Updates on Acquisition
13h - Incorporated Valmo Transportation Pvt Ltd on Jan 28, 2026; WOS logistics; authorised capital Rs15 crore; paid-up Rs1 lakh.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 26 Jan
-
Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results For The Quarter And Nine Months Ended December 31 2025
21 Jan - Board meeting on Jan 30, 2026 to approve unaudited Q3/9M results ended Dec 31, 2025; trading window closed.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Jan
-
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
13 Jan - Postal ballot to ratify/amend ESOP 2024, extend to subsidiaries; appoint BMP auditors; e-voting Jan14–Feb12,2026.
Business Overview[1]
It is a multi-sided technology e-commerce platform. The company operates its e-commerce marketplaceunder the brand name Meesho. It has emerged as one of India’s largest in terms of number of placed orders and annual transacting users. The company operates a low cost model and offers low cost unbranded products, regional brands and national brands at affordable prices. In FY25, the company had 1.83 billion orders placed. The company also owns **Valmo ** brand under its umbrella.