MEESHO
Meesho Limited
Online marketplace for small unbranded sellers and value-conscious consumers
Consumer Discretionary›Consumer Services›Retailing›E-Retail/ E-Commerce
Key metrics
Price as of 2026-10-16
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
Meesho is an Indian online marketplace that connects value-conscious consumers with small, largely unbranded sellers, and is extending into branded shopping, creator-led shopping and its own logistics.
Company snapshot
2ndBy market cap
Ranked among 12 companies in E-Retail/ E-Commerce.
What we see
- ✗Net margin is negative — the company is spending more than it earns right now.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Sales | 3,518 Cr | 3,531 Cr | 3,713 Cr |
| Operating expenses (approx.) | 4,056 Cr | 3,786 Cr | 3,937 Cr |
| EBITDA | -539 Cr | -255 Cr | -225 Cr |
| OPM % | -15.3% | -7.2% | -6.1% |
| Other income | 79 Cr | 116 Cr | 114 Cr |
| Interest | 4 Cr | 2 Cr | 2 Cr |
| Depreciation | 11 Cr | 19 Cr | 20 Cr |
| Profit before tax | -479 Cr | -160 Cr | -133 Cr |
| Tax % | -2.5% | -3.9% | 0.0% |
| Net profit | -491 Cr | -166 Cr | -133 Cr |
| EPS (₹) | ₹-1.14 | ₹-0.36 | ₹-0.28 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|
| Sales | 5,735 Cr | 7,615 Cr | 9,390 Cr | 12,626 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 7,538 Cr | 8,109 Cr | 9,968 Cr | 14,111 Cr | Sign in free for the trailing twelve months |
| EBITDA | -1,804 Cr | -494 Cr | -579 Cr | -1,485 Cr | Sign in free for the trailing twelve months |
| OPM % | -31.5% | -6.5% | -6.2% | -11.8% | Sign in free for the trailing twelve months |
| Other income | 163 Cr | 244 Cr | 511 Cr | 473 Cr | Sign in free for the trailing twelve months |
| Interest | 1 Cr | 6 Cr | 7 Cr | 9 Cr | Sign in free for the trailing twelve months |
| Depreciation | 30 Cr | 58 Cr | 34 Cr | 47 Cr | Sign in free for the trailing twelve months |
| Profit before tax | -1,672 Cr | -328 Cr | -1,455 Cr | -1,209 Cr | Sign in free for the trailing twelve months |
| Tax % | — | — | -170.9% | -12.3% | Sign in free for the trailing twelve months |
| Net profit | -1,672 Cr | -328 Cr | -3,942 Cr | -1,358 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹-4.43 | ₹-0.87 | ₹-9.98 | ₹-3.11 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity capital | 0 Cr | 0 Cr | 0.27 Cr | 456 Cr |
| Reserves | 2,472 Cr | 2,230 Cr | 1,445 Cr | 3,930 Cr |
| Borrowings | — | — | — | — |
| Other liabilities | 1,381 Cr | 1,931 Cr | 5,781 Cr | 3,520 Cr |
| Total liabilities | 3,853 Cr | 4,161 Cr | 7,226 Cr | 7,907 Cr |
| Fixed assets (net) | 23 Cr | 52 Cr | 52 Cr | 78 Cr |
| CWIP | — | — | — | 0 Cr |
| Investments | 2,344 Cr | 744 Cr | 4,983 Cr | 1,210 Cr |
| Loans & advances | — | — | — | 6 Cr |
| Trade receivables | 0.40 Cr | 0.18 Cr | 0.46 Cr | 6 Cr |
| Cash & bank | 97 Cr | 140 Cr | 147 Cr | 620 Cr |
| Other assets | 1,390 Cr | 3,225 Cr | 2,044 Cr | 5,987 Cr |
| Total assets | 3,853 Cr | 4,161 Cr | 7,226 Cr | 7,907 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Cash from operating activity | -2,308 Cr | 220 Cr | 539 Cr | -3,875 Cr |
| Cash from investing | 498 Cr | -166 Cr | -2,635 Cr | 247 Cr |
| Cash from financing | -12 Cr | -11 Cr | 2,105 Cr | 4,101 Cr |
| Net cash flow | -1,822 Cr | 43 Cr | 9 Cr | 473 Cr |
| Free cash flow (OCF − Capex) | -2,345 Cr | 186 Cr | 516 Cr | -3,976 Cr |
Ratios
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| ROCE % | -67.6% | -14.4% | -100.2% | -27.4% |
| ROE % | -67.6% | -14.7% | -272.7% | -31.0% |
| Debtor days | 0 | 0 | 0 | 0 |
| Inventory days | — | — | — | 0 |
| Days payable | 53 | 42 | 42 | 45 |
| Cash conversion cycle | -53 | -42 | -41 | -45 |
| Debt / equity | — | — | — | — |
| Current ratio | 1.93 | 1.70 | 1.19 | 1.55 |
| Net debt / EBITDA | — | — | — | — |