| 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
- ₹217.06
- Market cap
- ₹1,00,440 Cr
- Revenue (annual)
- ₹12,626 Cr
- Net profit (annual)
- ₹-1,358 Cr
- P/E (TTM)
- -83.6×Sector 67.6×
- Promoter holding
- 16.41%-0.16% QoQ
- FII holding
- 5.19%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Meesho Ltd
All →Meesho Capital Structure Change
Meesho Limited has allotted equity shares under its Employee Stock Option Plan, 2024. This issuance increases the company's paid-up share capital.
Meesho Employee Stock Options
Meesho Ltd allotted 10,71,542 equity shares to employees upon the exercise of vested options under its ESOP 2024 Plan.
Meesho Annual General Meeting
Meesho Limited issued a corrigendum to its 11th AGM notice, modifying the proposed amendment to its Articles of Association regarding founder nomination rights.
Meesho Management Change
Meesho discontinued its Chief Product Officer role in a product-team restructuring. Prasanna Arunachalam ceases to be SMP but remains employed at the company.
Meesho Employee Stock Options
Meesho Limited has allotted 13,52,253 equity shares following the exercise of options under its ESOP 2024 Plan. This increases the company's paid-up share capital to ₹462.62 Crore.
Meesho Earnings Call Transcript: Key Takeaways
Meesho Q1 FY27 call highlighted efficiency-driven logistics cost reduction, stabilized AOV, and 29% ADU growth despite fuel and wage headwinds.
- Call
- Guides 25% growth