Narrative Update • Jul 28

In the last week, the Broadline Retail industry is up 7.2%, with Meesho up 5.7%. During this same period, the Shoppers Stop underperformed, falling 7.5%. However, the industry is down 25% over the past year. As for the next few years, earnings are expected to grow by 55% per annum.
Has the Indian Broadline Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 27 Aug 2026 | ₹1.6t | ₹399.2b | -₹7,865,467,307.00 | 53.4x | -203.2x | 4x |
| Sat, 25 Jul 2026 | ₹1.5t | ₹396.4b | -₹3,115,132,307.00 | 51.1x | -471.5x | 3.7x |
| Mon, 22 Jun 2026 | ₹1.5t | ₹429.0b | -₹5,568,262,307.00 | 55.8x | -272.2x | 3.5x |
| Wed, 20 May 2026 | ₹1.6t | ₹422.3b | -₹8,083,258,807.00 | 50.5x | -197.9x | 3.8x |
| Fri, 17 Apr 2026 | ₹1.4t | ₹352.8b | -₹20,418,965,500.00 | 51.4x | -68.1x | 3.9x |
| Sun, 15 Mar 2026 | ₹1.2t | ₹352.7b | -₹20,439,375,307.00 | 36.9x | -58.1x | 3.4x |
| Tue, 10 Feb 2026 | ₹1.4t | ₹351.5b | -₹20,526,943,307.00 | 45.1x | -67.9x | 4x |
| Thu, 08 Jan 2026 | ₹1.6t | ₹385.3b | -₹16,508,855,307.00 | 53.1x | -94.6x | 4.1x |
| Sat, 06 Dec 2025 | ₹795.8b | ₹278.7b | ₹4.8b | 52.6x | 166.3x | 2.9x |
| Mon, 03 Nov 2025 | ₹884.1b | ₹274.5b | ₹5.4b | 97.2x | 164.1x | 3.2x |
| Wed, 01 Oct 2025 | ₹834.6b | ₹225.4b | ₹5.2b | 83.8x | 161.6x | 3.7x |
| Fri, 29 Aug 2025 | ₹856.9b | ₹221.3b | ₹5.2b | 86.6x | 165.9x | 3.9x |
| Sun, 27 Jul 2025 | ₹808.4b | ₹217.6b | ₹8.1b | 94.2x | 99.9x | 3.7x |
| Tue, 24 Jun 2025 | ₹820.9b | ₹262.8b | ₹8.0b | 95.2x | 102.7x | 3.1x |
| Thu, 22 May 2025 | ₹773.6b | ₹258.2b | ₹10.7b | 54.4x | 72x | 3x |
| Sat, 19 Apr 2025 | ₹637.7b | ₹206.0b | ₹9.5b | 18.5x | 67x | 3.1x |
| Mon, 17 Mar 2025 | ₹581.1b | ₹206.0b | ₹9.5b | 25x | 61.1x | 2.8x |
| Wed, 12 Feb 2025 | ₹637.9b | ₹205.9b | ₹9.5b | 31.3x | 67.1x | 3.1x |
| Fri, 10 Jan 2025 | ₹765.4b | ₹245.1b | ₹12.3b | 50.7x | 62.5x | 3.1x |
| Sun, 08 Dec 2024 | ₹279.6b | ₹148.0b | ₹7.0b | 27.6x | 39.7x | 1.9x |
| Tue, 05 Nov 2024 | ₹288.2b | ₹148.7b | ₹10.8b | 42.4x | 26.6x | 1.9x |
| Thu, 03 Oct 2024 | ₹327.4b | ₹146.7b | ₹11.0b | 46.5x | 29.8x | 2.2x |
| Sat, 31 Aug 2024 | ₹298.9b | ₹146.7b | ₹11.0b | 50.3x | 27.2x | 2x |
| Mon, 29 Jul 2024 | ₹288.5b | ₹135.6b | ₹3.9b | 45.1x | 73.8x | 2.1x |
| Wed, 26 Jun 2024 | ₹290.5b | ₹134.8b | ₹4.3b | 48.4x | 68.2x | 2.2x |
| Fri, 24 May 2024 | ₹264.5b | ₹132.7b | ₹3.7b | 68.7x | 72.3x | 2x |
| Sun, 21 Apr 2024 | ₹168.1b | ₹88.4b | ₹2.9b | 26.6x | 58.1x | 1.9x |
| Tue, 19 Mar 2024 | ₹161.5b | ₹88.4b | ₹2.9b | 26x | 55.8x | 1.8x |
| Thu, 15 Feb 2024 | ₹190.4b | ₹88.4b | ₹2.9b | 31.6x | 65.8x | 2.2x |
| Sat, 13 Jan 2024 | ₹263.2b | ₹123.2b | ₹1.5b | 80.4x | 173.5x | 2.1x |
| Mon, 11 Dec 2023 | ₹245.1b | ₹123.2b | ₹1.5b | 78.3x | 161.6x | 2x |
| Wed, 08 Nov 2023 | ₹206.7b | ₹120.3b | ₹1.7b | 74x | 125x | 1.7x |
| Fri, 06 Oct 2023 | ₹138.2b | ₹79.3b | ₹711.6m | 47.2x | 194.2x | 1.7x |
| Sun, 03 Sep 2023 | ₹147.6b | ₹79.3b | ₹711.1m | 48.3x | 207.6x | 1.9x |
207.6x
How does Indian Broadline Retail compare with similar industries?
| IN Market | 0.83% | |
| Consumer Discretionary | 0.62% | |
| General Merchandise and Department Stores | 5.74% | |
| Broadline Retail | 5.74% | |
| Department Stores | 0% | 0 |
| General Merchandise Stores | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MEESHO Meesho | ₹208.14 | 5.7% +₹52.0b | n/a | PS7x | |
| VMM Vishal Mega Mart | ₹109.62 | 6.0% +₹29.1b | -28.4% | PE57.5x | |
| VMART V-Mart Retail | ₹852.35 | 5.6% +₹3.6b | 15.3% | PE49.3x | |
| 524622 iStreet Network | ₹53.79 | 22.0% +₹689.9m | 174.2% | PE94.2x | |
| ROCKINGDCE Rockingdeals Circular Economy | ₹240.50 | 51.4% +₹677.6m | 5.9% | PE19.7x |