NSE MEESHO · BSE 544632 · Software & Programming · NIFTY 500
Meesho Share Price
Meesho Overview
Where the price stands, how it has moved and how it sits against its averages.
Meesho shares last traded at ₹218.40 on the NSE, down 6.81% on the day. That is 14.2% below the 52-week high of ₹254.65 and 73.7% above the 52-week low of ₹125.70. Its market value is ₹1,00,389 Cr.
Price returns
Against the market: 1 Month ▲ +17.25% · 3 Months ▲ +30.85% · 6 Months ▲ +59.10% · This year ▲ +49.64%
Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.
Moving averages — price is above 4 of 6
- 5-day average₹223.49 ▼ price 2.3% below
- 10-day average₹219.48 ▼ price 0.5% below
- Today's price₹218.40
- 20-day average₹214.07 ▲ price 2.0% above
- 50-day average₹200.24 ▲ price 9.1% above
- 100-day average₹192.71 ▲ price 13.3% above
- 300-day average₹179.37 ▲ price 21.8% above
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
Meesho Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹12,626 Cr | ▲ +34.5% | −₹1,358 Cr | −10.8% | −₹3.26 | — |
| FY 2025 | ₹9,390 Cr | ▲ +23.3% | −₹3,942 Cr | −42.0% | −₹8.73 | — |
| FY 2024 | ₹7,615 Cr | ▲ +32.8% | −₹328 Cr | −4.3% | −₹0.73 | — |
| FY 2023 | ₹5,735 Cr | — | −₹1,672 Cr | −29.2% | −₹3.70 | — |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹3,713 Cr | ▲ +5.1% | −₹133 Cr | −3.6% | −₹0.28 |
| Q4 FY26 | ₹3,531 Cr | ▲ +0.4% | −₹166 Cr | −4.7% | −₹0.44 |
| Q3 FY26 | ₹3,518 Cr | ▲ +14.4% | −₹491 Cr | −13.9% | −₹1.14 |
| Q2 FY26 | ₹3,074 Cr | ▲ +22.8% | −₹411 Cr | −13.4% | −₹0.91 |
| Q1 FY26 | ₹2,504 Cr | ▲ +4.3% | −₹289 Cr | −11.6% | −₹0.64 |
| Q4 FY25 | ₹2,400 Cr | ▼ −10.4% | −₹1,391 Cr | −58.0% | −₹3.08 |
| Q3 FY24 | ₹2,679 Cr | — | −₹37 Cr | −1.4% | −₹0.08 |
Balance sheet — FY26
- Total assets₹7,907 Cr
- Total liabilities₹3,520 Cr
- Shareholders' equity₹4,386 Cr
- Total debt₹63 Cr
- Cash & investments₹4,463 Cr
- Current ratio1.55×
- Operating margin (TTM)−11.24%
- Net margin (TTM)−8.68%
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY23–FY26
| ₹ crore | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Total revenue | 5,734.52 | 7,615.15 | 9,389.90 | 12,626.35 |
| Cost of revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating expenses | 7,568.25 | 8,180.10 | 11,348.86 | 14,299.37 |
| Operating income | −1,833.74 | −564.96 | −1,958.96 | −1,673.02 |
| Depreciation | 30.04 | 58.11 | 34.03 | 46.82 |
| Profit before tax | −1,671.90 | −327.64 | −1,454.86 | −1,209.27 |
| Tax | 0.00 | 0.00 | 2,486.84 | 148.47 |
| Net profit | −1,671.90 | −327.64 | −3,941.71 | −1,357.74 |
| EPS (₹) | −3.70 | −0.73 | −8.73 | −3.26 |
| Dividend per share (₹) | — | — | — | — |
| ₹ crore | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Total assets | 3,853.35 | 4,160.99 | 7,226.09 | 7,906.75 |
| Current assets | 2,639.46 | 3,167.33 | 6,787.33 | 5,371.63 |
| Cash & short-term investments | 2,151.89 | 2,226.36 | 5,606.07 | 4,462.81 |
| Inventory | 66.26 | 11.28 | 2.83 | 12.06 |
| Property, plant & equipment | 34.15 | 110.39 | 95.34 | 125.75 |
| Total liabilities | 1,381.43 | 1,931.35 | 5,780.57 | 3,520.37 |
| Current liabilities | 1,369.94 | 1,858.77 | 5,716.96 | 3,457.73 |
| Total debt | 11.69 | 72.27 | 58.27 | 62.63 |
| Total equity | 2,471.92 | 2,229.64 | 1,445.52 | 4,386.37 |
| ₹ crore | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| From operations | −2,308.19 | 220.20 | 539.37 | −3,875.34 |
| From investing | 498.38 | −165.62 | −2,635.25 | 247.27 |
| From financing | −11.81 | −11.42 | 2,105.26 | 4,101.44 |
| Capital expenditure | −38.00 | −35.25 | −22.90 | −101.04 |
| Dividends paid | — | — | — | — |
| Net change in cash | −1,805.33 | 43.84 | 6.67 | 473.31 |
Meesho vs Peers
Side by side with other software & programming companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| Meesho | ₹218.40 | ▼ −6.81% | ₹1,00,389 Cr | — | 24.23 | — | −8.68% | 0.00% | This stock |
| Tata Consultancy Services | ₹2,083.95 | ▲ +0.33% | ₹7,53,991 Cr | 15.67 | 7.66 | 48.55% | 18.15% | 2.86% | Bearish |
| Infosys | ₹1,000.95 | ▼ −0.81% | ₹4,06,209 Cr | 14.79 | 4.78 | 30.67% | 16.50% | 4.38% | Bearish |
| HCL Technologies | ₹1,259.40 | ▲ +1.17% | ₹3,41,759 Cr | 18.81 | 4.35 | 23.46% | 12.97% | 4.98% | Neutral |
| Tech Mahindra | ₹1,547.00 | ▲ +0.06% | ₹1,51,627 Cr | 27.90 | 5.20 | 16.03% | 8.72% | 3.24% | Bullish |
| Billionbrains Garage Ventures | ₹188.15 | ▲ +0.83% | ₹1,18,038 Cr | 61.26 | 13.32 | — | 46.54% | — | Moderately Bearish |
Rating = the data provider's overall technical view of each peer. Company names link to their own pages.
Meesho Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation Is the price reasonable?
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 22.72× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 64 metrics from the data provider
Valuation
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield0.00%
No dividends on record.
Corporate calendar
- MeetingAnnual General Meeting
- BoardQuarterly Results
- BoardAudited Results
- MeetingPostal Ballot
- BoardQuarterly Results
About Meesho
Software & Programming
Meesho Limited provides multi-sided technology platform driving e-commerce in India. Its e-commerce marketplace, that it operates under the brand name Meesho. It operates in two segments: Marketplace, which is a technology platform connecting consumers, sellers, logistics partners, and content creators, and New Initiatives, such as its low-cost local logistics network for daily essentials and a digital financial services platform. It is focused platform is designed to serve all segments of consumers across India by making e commerce affordable, accessible and engaging. It is focused on providing Everyday Low Prices to consumers. It offers various products across all categories, including apparel, footwear and accessories, home, kitchen and furnishings, kids and baby products, beauty and personal care, and others. It offers various collection of western wear for women, men’s western wear, men's ethnic wear, men’s accessories and footwear, baby care and kids fashion wear and others.
Key people
- Vidit AatreyExecutive Chairman, Chief Executive Officer, Managing Director
- Dhiresh BansalChief Financial Officer
- Sanjeev KumarWhole Time Director, Chief Technology Officer
- Rahul BhardwajCompany Secretary, Compliance Officer
Company facts
- NSE symbolMEESHO
- BSE code544632
- ISININE0VDM01015
- IndustrySoftware & Programming
- IndexNIFTY 500
- Market cap₹1,00,389 Cr
- Revenue (FY26)₹12,626 Cr
- Net profit (FY26)−₹1,358 Cr
In the News
Recent headlines about Meesho — they open on Mint in a new tab.
- Advertising margin holds the key to Meesho’s profitability
While logistics margin expansion can bring Meesho to Ebitda breakeven, scaling ad monetization will be the key driver of actual profitability and further upside for the stock.
23 Sep 2026 · 3 min read · Mint ↗ - Raja Venkatraman recommends three stocks for 23 September
Market expert Raja Venkatraman shares his top stock picks for 23 September. Here’s his technical outlook and trade strategy.
23 Sep 2026 · 5 min read · Mint ↗ - Meesho shares jump 6% as UBS raises target price - Check revised one | Rationale explained
Meesho shares rose 6% after UBS maintained its Buy rating and increased the target price to ₹260, forecasting strong growth and improved margins. UBS anticipates sustained NMV growth and higher profitability driven by logistics cost reductions and enhanced advertising revenue.
22 Sep 2026 · 5 min read · Mint ↗ - Mastercard to exit Pine Labs in $93 million block deal
Mastercard seeks to sell up to 49.7 million shares in Pine Labs through a block deal valued at up to ₹893 crore.
21 Sep 2026 · 2 min read · Mint ↗ - India’s value-commerce players look beyond low prices to win shoppers
Flipkart’s Shopsy, Amazon Bazaar, and Snapdeal are sharpening their value-commerce strategies around engagement, localization and fashion.
21 Sep 2026 · 5 min read · Mint ↗ - E-commerce platforms Eternal's Zomato, Blinkit, Meesho's Valmo facilitate ITR refunds for delivery partners—What we know
Eternal's Zomato and Blinkit, and Meesho's Valmo have facilitated ITR for over 2 lakh delivery partners, unlocking ₹35.6 crore combined in refunds. Over 70% of filers were first timers, the companies added.
19 Sep 2026 · 2 min read · Mint ↗ - MUFG's Dragon Funds to deepen India-Japan, Asia-Pacific focus; eyes $600 mn fund
Backed by Japan’s largest bank Mitsubishi UFJ Financial Group, Dragon Funds is the equity financing arm of Mars Platform. Its first fund was about $500 million in size, of which $400 million has already been deployed across 8 companies across India alongside other global markets.
16 Sep 2026 · 3 min read · Mint ↗ - Flipkart creates 2.5 lakh festive season jobs to meet demand surge: All about the hiring drive
Flipkart's seasonal recruitment drive covers more than 7,000 Ekart facilities across the country.
15 Sep 2026 · 2 min read · Mint ↗
Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →