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Meesho financials and balance sheet

NSE: MEESHOBSE: 544632RetailingMid Cap

Last close ₹214.90down ₹4.35 (1.98%)BSE ₹215.05

Share price at the NSE close on 23 Oct 2026. Previous close ₹219.25.

Range of traded prices from listing on 10 Dec 2025 to 23 Oct 2026
₹125.56Low, 16 Mar 2026₹254.40High, 18 Dec 2025
Market cap
₹99,467 Cr139th largest listed
P/E
No full year
P/B
22.7
Dividend yield
Nonesince listing in Dec 2025
Debt to equity
0.00
Volume, NSE
1,54,84,97640.6% delivered

1 year at a glance

Consolidated: the company and its subsidiaries together. ₹ crore, years to March.Meesho annual reports

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss

Operating and net margin, per cent

  • Operating margin
  • Net margin

Results for the year to Mar 2026

Consolidated: the company and its subsidiaries together. ₹ crore.

From revenue to net profit

  1. Revenue12,626
  2. Employee costs−912
  3. Other expenses−13,199
  4. Operating profit−1,485
  5. Depreciation−47
  6. Other income+473
  7. One-off items−141
  8. Finance costs−9.0
  9. Profit before tax−1,209
  10. Tax−148
  11. Net profit−1,358

What the company owns

  • Plant, investments and other assets₹5,056 Cr
  • Cash and bank₹1,893 Cr
  • Current investments₹952 Cr
  • Receivables₹6 Cr

What pays for it: net worth and liabilities

  • Net worth₹4,386 Cr
  • Other liabilities₹1,951 Cr
  • Owed to suppliers₹1,570 Cr

Meesho business segments, year to Mar 2026

A reportable segment is a line of business the company must report on its own. Consolidated, ₹ crore, as the company reports them. A segment at a loss has no share of profit.Meesho segment results by quarter

Revenue by segment

₹12,626 CrTotal
  • Marketplace₹12,614 Cr99.9% of total
  • New Initiatives₹12 Cr0.1% of total

Segment results by year

Consolidated, ₹ crore, years to March.

  • Marketplace

    Revenue, ₹ crore
    Profit, ₹ crore
  • New Initiatives

    Revenue, ₹ crore
    Profit, ₹ crore
₹ croreMar 2026
Revenue of all businesses12,626
Company revenue, as in its results12,626
Revenue12,614
Profit−1,178
Margin−9.3%
Revenue12
Profit is before tax and finance costs, the way companies report their segments.

Profit and loss

Consolidated, ₹ crore, years to March.Meesho quarterly results

₹ croreMar 2026Filed 6 May
Revenue from operations12,626
14,111
Materials and goods bought0
Employee costs912
Other expenses13,199
Operating profit before depreciation−1,485
Operating margin−11.8%
Materials, % of revenue0.0%
Employee costs, % of revenue7.2%
Other expenses, % of revenue104.5%
Depreciation and amortisation47
Operating profit after depreciation−1,532
Other income473
Finance costs9
Profit before one-off items and tax−1,068
One-off items−141
Profit before tax−1,209
Tax148
Net profit−1,358
Other comprehensive income−3
Total comprehensive income−1,361
Net margin−10.8%

Balance sheet

Consolidated, ₹ crore, at 31 March.

₹ croreMar 2026Filed 6 May
4,386
Share capital456
Reserves3,930
Borrowings0
3,458
63
Total assets7,907
2,535
5,372
Net debt−2,845
Borrowings are counted again inside the liabilities due within a year and after a year.

Cash flow

Consolidated, ₹ crore, years to March.

₹ croreMar 2026Filed 6 May
−3,875
−1,095
259
Receivables−6
Payables523
Other working capital−258
Tax paid−2,780
Capital spending101
Free cash flow−3,976
247
4,101
Dividends paid0
Shares bought back0
Shares issued4,251
Net change in cash473
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only.

Per share

Consolidated, ₹ per share, years to March.

₹ per shareMar 2026Filed 6 May
Earnings per share−₹3.11
Diluted earnings per share−₹3.11
Book value per share₹9.61
Shareholder yield−6.7%
Market cap at the year end (₹ crore)63,364

Ratios

Consolidated, years to March.Meesho PE ratio and valuation

RatioMar 2026Filed 6 May
Return on equity−31.0%
Return on capital employed−34.9%
Debt to equity0.00
Receivable days0
Working capital days−27
Asset turnover1.60
Assets per rupee of net worth1.80
Sales per rupee of plant162.44
Capital spending to depreciation2.16
Plant being built, % of plant in use0.0%
Interest cover is left blank for the year to Mar 2026: operating profit after depreciation is a loss, and a loss covers no interest bill.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2026.

Return on assets, latest year
−17.2%

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ croreLatest year
Cash from operations−3,875
Cash from investing247
Cash from financing4,101
Capital spending101
Dividends paid0
Shares bought back0
Shares issued for cash4,251
Borrowings raised0
Borrowings repaid0

Accounting checks

Consolidated, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2026
Altman Z-scorePublished threshold 1.13.50
A threshold marked as ours has no published figure; it is the line we read the check against.