ALFA Finder| Revenue growth | Annual transacting users +33% Y-o-Y; ad catalogs +40%. |
|---|---|
| Margins | Sequential 170bps contribution margin improvement; Q4 exit rate at 4%. |
| Demand visibility | Strong growth in new users from rural and non-GST sellers. |
| Management confidence | High confidence in value-focused model as tailwind during inflation. |
Growth
Annual transacting users grew 33% Y-o-Y; ad catalog count rose 40% Y-o-Y; NMV to GMV ratio at 58.8%.
Outlook
Focus on scaling 'Meesho Mall' for value brands; investing in sort-center automation and rural user acquisition.
Risks
Transient logistics capacity disruptions in Q2/Q3 FY26; high rural CAC for first-time transactors; inflation impact on AOV.
Earnings Call filed with NSE, NSE: MEESHO. Summary written with AI assistance from the document.
Meesho Ltd: key numbers
- Share price
- ₹251.90
- Market cap
- ₹1,16,655 Cr
- Revenue (annual)
- ₹12,626 Cr
- Net profit (annual)
- ₹-1,358 Cr
- P/E (TTM)
- -126.5×Sector 66.2×
- Promoter holding
- 16.34%-0.07% QoQ
- FII holding
- 9.84%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Meesho Ltd
All →Meesho Acquisition Worth ₹186.7 Cr
Meesho acquired 92.74% of Kirana Club and its step-down subsidiary RPLPL for ₹186.71 Crore in cash. The acquisition makes Kirana Club a subsidiary and strengthens Meesho's e-commerce ecosystem.
- Value
- ₹186.7 Cr
Meesho Annual General Meeting
Meesho seeks postal ballot approval, with voting closing 08-Dec-2026, to appoint Sudhir Sitapati as Independent Director. The resolution also covers ₹1 Crore annual remuneration.
Meesho Employee Stock Options
Meesho allotted 21,43,590 equity shares to employees on exercise of ESOP 2024 options. No exercise price or consideration is disclosed in the filing.
Meesho Merger & Restructuring Worth ₹15 Cr
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- Value
- ₹15.00 Cr
Meesho Acquisition Worth ₹50 Cr
Meesho approved up to Rs.50 Crore further investment in Retail Pulse Labs, payable in tranches. It follows the Kirana Club acquisition, making RPLPL a step-down subsidiary.
- Value
- ₹50.00 Cr
- Execution
- Within 1 year from the closing of the first tranche of the original acquisition
Meesho Acquisition Worth ₹18.74 Cr
Meesho will acquire a further stake in Retail Pulse Labs for ₹18.74 Crore cash. The step-down deal depends on completing the first Kirana Club tranche.
- Value
- ₹18.74 Cr