Narrative Update • Jul 28

In the last week, the Broadline Retail industry is up 3.6%, with Meesho up 5.0%. Meanwhile, Rockingdeals Circular Economy actually underperformed within the industry, shrinking 6.4% in the last week. However, the industry is down 21% over the past year. Earnings are forecast to grow by 54% annually.
Has the Indian Broadline Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 09 Aug 2026 | ₹1.5t | ₹394.0b | -₹7,860,966,307.00 | 51.6x | -192.5x | 3.8x |
| Tue, 07 Jul 2026 | ₹1.6t | ₹429.0b | -₹5,568,262,307.00 | 55x | -285.5x | 3.7x |
| Thu, 04 Jun 2026 | ₹1.5t | ₹429.1b | -₹5,568,262,307.00 | 53.2x | -273.6x | 3.6x |
| Sat, 02 May 2026 | ₹1.6t | ₹352.8b | -₹20,428,488,807.00 | 51.9x | -76.7x | 4.4x |
| Mon, 30 Mar 2026 | ₹1.2t | ₹352.8b | -₹20,418,965,500.00 | 38x | -60.9x | 3.5x |
| Wed, 25 Feb 2026 | ₹1.4t | ₹352.7b | -₹20,439,375,307.00 | 42.2x | -67.3x | 3.9x |
| Fri, 23 Jan 2026 | ₹1.5t | ₹385.7b | -₹16,869,955,307.00 | 48.1x | -88.3x | 3.9x |
| Sun, 21 Dec 2025 | ₹1.8t | ₹385.3b | -₹16,508,855,307.00 | 53.1x | -111.2x | 4.8x |
| Tue, 18 Nov 2025 | ₹833.3b | ₹278.7b | ₹4.8b | 58.7x | 174.1x | 3x |
| Thu, 16 Oct 2025 | ₹826.9b | ₹225.4b | ₹5.1b | 98.2x | 160.7x | 3.7x |
| Sat, 13 Sep 2025 | ₹861.8b | ₹221.3b | ₹5.2b | 87x | 166.9x | 3.9x |
| Mon, 11 Aug 2025 | ₹791.7b | ₹217.6b | ₹8.1b | 87x | 97.9x | 3.6x |
| Wed, 09 Jul 2025 | ₹825.6b | ₹262.8b | ₹8.0b | 104.8x | 103.5x | 3.1x |
| Fri, 06 Jun 2025 | ₹792.5b | ₹262.8b | ₹8.0b | 93.5x | 99.2x | 3x |
| Sun, 04 May 2025 | ₹750.0b | ₹258.4b | ₹10.7b | 53.5x | 69.8x | 2.9x |
| Tue, 01 Apr 2025 | ₹604.6b | ₹206.0b | ₹9.5b | 17.4x | 63.5x | 2.9x |
| Thu, 27 Feb 2025 | ₹604.1b | ₹206.0b | ₹9.5b | 29.7x | 63.5x | 2.9x |
| Sat, 25 Jan 2025 | ₹639.1b | ₹200.6b | ₹12.1b | 33.6x | 52.9x | 3.2x |
| Mon, 23 Dec 2024 | ₹734.5b | ₹245.1b | ₹12.3b | 35x | 60x | 3x |
| Wed, 20 Nov 2024 | ₹254.9b | ₹148.0b | ₹7.0b | 30.5x | 36.2x | 1.7x |
| Fri, 18 Oct 2024 | ₹303.8b | ₹146.7b | ₹11.0b | 45x | 27.7x | 2.1x |
| Sun, 15 Sep 2024 | ₹312.6b | ₹146.7b | ₹11.0b | 49.8x | 28.5x | 2.1x |
| Tue, 13 Aug 2024 | ₹298.5b | ₹136.4b | ₹4.2b | 47.6x | 70.6x | 2.2x |
| Thu, 11 Jul 2024 | ₹301.2b | ₹134.6b | ₹4.3b | 47.6x | 70.7x | 2.2x |
| Sat, 08 Jun 2024 | ₹270.1b | ₹134.5b | ₹4.2b | 65.6x | 63.9x | 2x |
| Mon, 06 May 2024 | ₹258.4b | ₹131.6b | ₹3.7b | 66x | 70.5x | 2x |
| Wed, 03 Apr 2024 | ₹174.4b | ₹88.4b | ₹2.9b | 28.6x | 60.3x | 2x |
| Fri, 01 Mar 2024 | ₹185.7b | ₹88.4b | ₹2.9b | 31.3x | 64.2x | 2.1x |
| Sun, 28 Jan 2024 | ₹182.3b | ₹82.2b | ₹574.3m | 75.5x | 317.4x | 2.2x |
| Tue, 26 Dec 2023 | ₹250.7b | ₹123.2b | ₹1.5b | 77.1x | 165.3x | 2x |
| Thu, 23 Nov 2023 | ₹230.9b | ₹123.0b | ₹1.5b | 68.9x | 153.8x | 1.9x |
| Sat, 21 Oct 2023 | ₹210.1b | ₹120.3b | ₹1.7b | 70x | 127.1x | 1.7x |
| Mon, 18 Sep 2023 | ₹145.0b | ₹79.3b | ₹711.6m | 48.3x | 203.7x | 1.8x |
| Wed, 16 Aug 2023 | ₹130.5b | ₹79.3b | ₹711.1m | 39.2x | 183.5x | 1.6x |
183.5x
How does Indian Broadline Retail compare with similar industries?
| IN Market | 1.27% | |
| Consumer Discretionary | 2.72% | |
| General Merchandise and Department Stores | 3.57% | |
| Broadline Retail | 3.57% | |
| 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 | ₹191.35 | 5.0% +₹42.3b | n/a | PS6.4x | |
| VMM Vishal Mega Mart | ₹108.72 | 1.5% +₹7.6b | -21.8% | PE57x | |
| SHOPERSTOP Shoppers Stop | ₹420.05 | 7.8% +₹3.4b | -18.8% | PS0.9x | |
| VMART V-Mart Retail | ₹799.35 | 2.6% +₹1.6b | 5.1% | PE46.2x | |
| 534597 RattanIndia Enterprises | ₹31.80 | 1.6% +₹676.6m | -38.3% | PS0.6x |