Narrative Update • Aug 09

The Broadline Retail is pretty flat in the last 7 days, but Meesho has stood out, gaining 4.0%. Unfortunately though, the industry is down 24% over the past 12 months. 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 |
|---|---|---|---|---|---|---|
| Fri, 14 Aug 2026 | ₹1.5t | ₹398.8b | -₹7,860,966,307.00 | 51.4x | -192.6x | 3.8x |
| Sun, 12 Jul 2026 | ₹1.6t | ₹429.0b | -₹5,568,262,307.00 | 54.2x | -288.7x | 3.7x |
| Tue, 09 Jun 2026 | ₹1.5t | ₹429.1b | -₹5,568,262,307.00 | 50.9x | -264.5x | 3.4x |
| Thu, 07 May 2026 | ₹1.6t | ₹403.8b | -₹20,789,388,807.00 | 51.8x | -78.5x | 4x |
| Sat, 04 Apr 2026 | ₹1.3t | ₹352.8b | -₹20,418,965,500.00 | 44.4x | -61.8x | 3.6x |
| Mon, 02 Mar 2026 | ₹1.4t | ₹352.7b | -₹20,439,375,307.00 | 39.6x | -66.9x | 3.9x |
| Wed, 28 Jan 2026 | ₹1.4t | ₹337.6b | -₹16,508,910,307.00 | 47.3x | -86.3x | 4.2x |
| Fri, 26 Dec 2025 | ₹1.7t | ₹385.3b | -₹16,508,855,307.00 | 59.7x | -103.3x | 4.4x |
| Sun, 23 Nov 2025 | ₹795.7b | ₹278.7b | ₹4.8b | 55.2x | 166.2x | 2.9x |
| Tue, 21 Oct 2025 | ₹902.5b | ₹274.4b | ₹5.4b | 100.5x | 168.2x | 3.3x |
| Thu, 18 Sep 2025 | ₹844.5b | ₹221.3b | ₹5.2b | 87.4x | 163.5x | 3.8x |
| Sat, 16 Aug 2025 | ₹824.7b | ₹221.3b | ₹5.2b | 87.5x | 159.8x | 3.7x |
| Mon, 14 Jul 2025 | ₹842.6b | ₹262.8b | ₹8.0b | 105.5x | 105.6x | 3.2x |
| Wed, 11 Jun 2025 | ₹826.3b | ₹262.8b | ₹8.0b | 96.5x | 103.4x | 3.1x |
| Fri, 09 May 2025 | ₹737.1b | ₹258.2b | ₹10.7b | 52.4x | 68.6x | 2.9x |
| Sun, 06 Apr 2025 | ₹618.7b | ₹206.0b | ₹9.5b | 18.7x | 65x | 3x |
| Tue, 04 Mar 2025 | ₹588.3b | ₹206.0b | ₹9.5b | 26.5x | 61.8x | 2.9x |
| Thu, 30 Jan 2025 | ₹644.5b | ₹200.6b | ₹12.1b | 33.9x | 53.3x | 3.2x |
| Sat, 28 Dec 2024 | ₹751.0b | ₹245.1b | ₹12.3b | 44.6x | 61.3x | 3.1x |
| Mon, 25 Nov 2024 | ₹258.7b | ₹148.0b | ₹7.0b | 30.7x | 36.7x | 1.7x |
| Wed, 23 Oct 2024 | ₹291.7b | ₹146.7b | ₹11.0b | 42.1x | 26.6x | 2x |
| Fri, 20 Sep 2024 | ₹307.4b | ₹146.7b | ₹11.0b | 48x | 28x | 2.1x |
| Sun, 18 Aug 2024 | ₹296.3b | ₹146.7b | ₹11.0b | 48.8x | 27x | 2x |
| Tue, 16 Jul 2024 | ₹296.4b | ₹134.6b | ₹4.3b | 47.3x | 69.6x | 2.2x |
| Thu, 13 Jun 2024 | ₹270.8b | ₹134.8b | ₹4.3b | 40.9x | 63.6x | 2x |
| Sat, 11 May 2024 | ₹251.7b | ₹131.6b | ₹3.7b | 65x | 68.4x | 1.9x |
| Mon, 08 Apr 2024 | ₹178.5b | ₹88.4b | ₹2.9b | 28.6x | 61.7x | 2x |
| Wed, 06 Mar 2024 | ₹178.8b | ₹88.4b | ₹2.9b | 30x | 61.8x | 2x |
| Fri, 02 Feb 2024 | ₹200.2b | ₹82.2b | ₹574.3m | 81x | 348.6x | 2.4x |
| Sun, 31 Dec 2023 | ₹244.9b | ₹123.2b | ₹1.5b | 76x | 161.5x | 2x |
| Tue, 28 Nov 2023 | ₹241.0b | ₹123.0b | ₹1.5b | 72.9x | 160.6x | 2x |
| Thu, 26 Oct 2023 | ₹197.3b | ₹120.3b | ₹1.7b | 63.8x | 119.3x | 1.6x |
| Sat, 23 Sep 2023 | ₹141.3b | ₹79.3b | ₹711.6m | 47.3x | 198.6x | 1.8x |
| Mon, 21 Aug 2023 | ₹131.6b | ₹79.3b | ₹711.1m | 40.6x | 185.1x | 1.7x |
185.1x
How does Indian Broadline Retail compare with similar industries?
| IN Market | -0.13% | |
| Consumer Discretionary | 0.29% | |
| General Merchandise and Department Stores | 1.37% | |
| Broadline Retail | 1.37% | |
| 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 | ₹193.62 | 4.0% +₹34.4b | n/a | PS6.5x | |
| SHOPERSTOP Shoppers Stop | ₹427.90 | 2.0% +₹925.0m | -16.3% | PS0.9x | |
| 524622 iStreet Network | ₹44.71 | 0.4% +₹12.8m | 161.3% | PE64.2x |