Narrative Update • Jul 28

In the last week, the Broadline Retail industry is up 2.1%, with Meesho up 2.2%. During this same period, the Rockingdeals Circular Economy underperformed, falling 7.1%. However, the industry is down 23% over the past year. As for the next few years, earnings are expected to grow by 54% per annum.
Has the Indian Broadline Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 08 Aug 2026 | ₹1.5t | ₹394.0b | -₹7,860,966,307.00 | 52.2x | -190.2x | 3.8x |
| Mon, 06 Jul 2026 | ₹1.6t | ₹429.0b | -₹5,568,262,307.00 | 55.4x | -284.1x | 3.7x |
| Wed, 03 Jun 2026 | ₹1.5t | ₹429.1b | -₹5,568,262,307.00 | 52.9x | -274.5x | 3.6x |
| Fri, 01 May 2026 | ₹1.6t | ₹352.8b | -₹20,423,396,807.00 | 50.4x | -76.7x | 4.4x |
| Sun, 29 Mar 2026 | ₹1.2t | ₹352.8b | -₹20,418,965,500.00 | 38x | -60.9x | 3.5x |
| Tue, 24 Feb 2026 | ₹1.4t | ₹352.7b | -₹20,439,375,307.00 | 42.7x | -67.3x | 3.9x |
| Thu, 22 Jan 2026 | ₹1.5t | ₹385.7b | -₹16,869,955,307.00 | 48.9x | -88.9x | 3.9x |
| Sat, 20 Dec 2025 | ₹1.8t | ₹385.3b | -₹16,508,855,307.00 | 53.1x | -111.2x | 4.8x |
| Mon, 17 Nov 2025 | ₹834.8b | ₹278.7b | ₹4.8b | 57.7x | 174.4x | 3x |
| Wed, 15 Oct 2025 | ₹831.3b | ₹225.4b | ₹5.1b | 98.9x | 161.6x | 3.7x |
| Fri, 12 Sep 2025 | ₹854.6b | ₹221.3b | ₹5.2b | 88.1x | 165.5x | 3.9x |
| Sun, 10 Aug 2025 | ₹791.7b | ₹217.6b | ₹8.1b | 87x | 97.9x | 3.6x |
| Tue, 08 Jul 2025 | ₹814.3b | ₹262.8b | ₹8.0b | 104.8x | 102.1x | 3.1x |
| Thu, 05 Jun 2025 | ₹784.8b | ₹262.8b | ₹8.0b | 92.2x | 98.2x | 3x |
| Sat, 03 May 2025 | ₹750.0b | ₹257.1b | ₹10.2b | 18.7x | 73.8x | 2.9x |
| Mon, 31 Mar 2025 | ₹604.6b | ₹206.0b | ₹9.5b | 17.4x | 63.5x | 2.9x |
| Wed, 26 Feb 2025 | ₹604.1b | ₹206.0b | ₹9.5b | 29.7x | 63.5x | 2.9x |
| Fri, 24 Jan 2025 | ₹656.1b | ₹200.6b | ₹12.1b | 33.6x | 54.3x | 3.3x |
| Sun, 22 Dec 2024 | ₹734.5b | ₹245.1b | ₹12.3b | 35x | 60x | 3x |
| Tue, 19 Nov 2024 | ₹248.6b | ₹148.0b | ₹7.0b | 31x | 35.3x | 1.7x |
| Thu, 17 Oct 2024 | ₹307.6b | ₹146.7b | ₹11.0b | 45.2x | 28x | 2.1x |
| Sat, 14 Sep 2024 | ₹312.6b | ₹146.7b | ₹11.0b | 49.8x | 28.5x | 2.1x |
| Mon, 12 Aug 2024 | ₹295.1b | ₹136.4b | ₹4.2b | 44.8x | 69.8x | 2.2x |
| Wed, 10 Jul 2024 | ₹290.4b | ₹134.6b | ₹4.3b | 47.5x | 68.1x | 2.2x |
| Fri, 07 Jun 2024 | ₹266.0b | ₹134.5b | ₹4.2b | 64.9x | 63x | 2x |
| Sun, 05 May 2024 | ₹258.4b | ₹131.6b | ₹3.7b | 66x | 70.5x | 2x |
| Tue, 02 Apr 2024 | ₹174.3b | ₹88.4b | ₹2.9b | 28.4x | 60.2x | 2x |
| Thu, 29 Feb 2024 | ₹178.7b | ₹88.4b | ₹2.9b | 29.4x | 61.8x | 2x |
| Sat, 27 Jan 2024 | ₹182.3b | ₹82.2b | ₹574.3m | 75.5x | 317.4x | 2.2x |
| Mon, 25 Dec 2023 | ₹250.7b | ₹123.2b | ₹1.5b | 77.1x | 165.3x | 2x |
| Wed, 22 Nov 2023 | ₹233.1b | ₹123.0b | ₹1.5b | 70.9x | 155.5x | 1.9x |
| Fri, 20 Oct 2023 | ₹139.8b | ₹79.3b | ₹711.6m | 46.5x | 196.5x | 1.8x |
| Sun, 17 Sep 2023 | ₹145.0b | ₹79.3b | ₹711.6m | 48.3x | 203.7x | 1.8x |
| Tue, 15 Aug 2023 | ₹130.5b | ₹79.2b | ₹700.0m | 40.4x | 186.5x | 1.6x |
186.5x
How does Indian Broadline Retail compare with similar industries?
| IN Market | 1.87% | |
| Consumer Discretionary | 2.83% | |
| General Merchandise and Department Stores | 2.09% | |
| Broadline Retail | 2.09% | |
| 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 |