Narrative Update • Jul 28

The Broadline Retail is pretty flat in the last 7 days, but Meesho has stood out, gaining 5.2%. Unfortunately though, the industry is down 24% over the past 12 months. 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 |
|---|---|---|---|---|---|---|
| Tue, 04 Aug 2026 | ₹1.5t | ₹398.5b | -₹2,984,746,307.00 | 50.6x | -489.5x | 3.7x |
| Thu, 02 Jul 2026 | ₹1.6t | ₹429.0b | -₹5,568,262,307.00 | 55.3x | -282.6x | 3.7x |
| Sat, 30 May 2026 | ₹1.6t | ₹422.6b | -₹8,024,784,307.00 | 52.8x | -194.9x | 3.7x |
| Mon, 27 Apr 2026 | ₹1.5t | ₹352.8b | -₹20,423,396,807.00 | 50.4x | -74.1x | 4.3x |
| Wed, 25 Mar 2026 | ₹1.3t | ₹352.7b | -₹20,434,944,000.00 | 41.6x | -62.2x | 3.6x |
| Fri, 20 Feb 2026 | ₹1.4t | ₹352.7b | -₹20,439,375,307.00 | 42.6x | -66.7x | 3.9x |
| Sun, 18 Jan 2026 | ₹1.5t | ₹385.3b | -₹16,508,855,307.00 | 48.1x | -90.5x | 3.9x |
| Tue, 16 Dec 2025 | ₹1.6t | ₹385.3b | -₹16,508,855,307.00 | 52.1x | -95.3x | 4.1x |
| Thu, 13 Nov 2025 | ₹843.8b | ₹273.2b | ₹4.3b | 57.6x | 195.9x | 3.1x |
| Sat, 11 Oct 2025 | ₹834.2b | ₹225.4b | ₹5.2b | 99.3x | 161.5x | 3.7x |
| Mon, 08 Sep 2025 | ₹869.3b | ₹221.3b | ₹5.2b | 88.1x | 168.3x | 3.9x |
| Wed, 06 Aug 2025 | ₹832.4b | ₹217.6b | ₹8.1b | 90.5x | 102.9x | 3.8x |
| Fri, 04 Jul 2025 | ₹822.7b | ₹262.8b | ₹8.0b | 100.5x | 103.2x | 3.1x |
| Sun, 01 Jun 2025 | ₹778.2b | ₹262.8b | ₹8.0b | 83.7x | 97.3x | 3x |
| Tue, 29 Apr 2025 | ₹633.0b | ₹206.1b | ₹9.5b | 17.8x | 66.5x | 3.1x |
| Thu, 27 Mar 2025 | ₹603.9b | ₹206.0b | ₹9.5b | 17.9x | 63.5x | 2.9x |
| Sat, 22 Feb 2025 | ₹608.0b | ₹206.0b | ₹9.5b | 30.2x | 63.9x | 3x |
| Mon, 20 Jan 2025 | ₹679.5b | ₹200.6b | ₹12.1b | 34.4x | 56.2x | 3.4x |
| Wed, 18 Dec 2024 | ₹627.7b | ₹245.1b | ₹12.3b | 36x | 51.2x | 2.6x |
| Fri, 15 Nov 2024 | ₹255.5b | ₹147.9b | ₹7.0b | 40.1x | 36.4x | 1.7x |
| Sun, 13 Oct 2024 | ₹314.8b | ₹146.7b | ₹11.0b | 45.6x | 28.7x | 2.1x |
| Tue, 10 Sep 2024 | ₹296.5b | ₹146.7b | ₹11.0b | 51x | 27x | 2x |
| Thu, 08 Aug 2024 | ₹279.7b | ₹136.6b | ₹4.3b | 48.1x | 65.8x | 2x |
| Sat, 06 Jul 2024 | ₹294.4b | ₹134.8b | ₹4.3b | 48.4x | 69.1x | 2.2x |
| Mon, 03 Jun 2024 | ₹250.6b | ₹140.4b | ₹4.2b | 64.7x | 59.3x | 1.8x |
| Wed, 01 May 2024 | ₹257.8b | ₹132.1b | ₹3.7b | 65x | 70.3x | 2x |
| Fri, 29 Mar 2024 | ₹162.9b | ₹88.4b | ₹2.9b | 25.8x | 56.3x | 1.8x |
| Sun, 25 Feb 2024 | ₹189.2b | ₹88.4b | ₹2.9b | 31.4x | 65.4x | 2.1x |
| Tue, 23 Jan 2024 | ₹180.7b | ₹82.2b | ₹574.3m | 76.4x | 314.6x | 2.2x |
| Thu, 21 Dec 2023 | ₹238.8b | ₹123.2b | ₹1.5b | 74x | 157.5x | 1.9x |
| Sat, 18 Nov 2023 | ₹214.4b | ₹123.0b | ₹1.5b | 58.3x | 143x | 1.7x |
| Mon, 16 Oct 2023 | ₹136.2b | ₹79.3b | ₹711.6m | 45.4x | 191.4x | 1.7x |
| Wed, 13 Sep 2023 | ₹140.5b | ₹79.3b | ₹711.1m | 46.3x | 197.6x | 1.8x |
| Fri, 11 Aug 2023 | ₹137.2b | ₹79.2b | ₹700.0m | 42.1x | 196x | 1.7x |
196x
How does Indian Broadline Retail compare with similar industries?
| IN Market | 2.00% | |
| Consumer Discretionary | 3.77% | |
| General Merchandise and Department Stores | -0.97% | |
| Broadline Retail | -0.97% | |
| 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 | ₹191.57 | 5.2% +₹43.8b | n/a | PS6.4x | |
| VMART V-Mart Retail | ₹777.95 | 8.8% +₹5.0b | -0.6% | PE45x | |
| VMM Vishal Mega Mart | ₹111.20 | 0.8% +₹4.2b | -21.5% | PE58.3x | |
| SHOPERSTOP Shoppers Stop | ₹403.35 | 4.5% +₹1.9b | -23.7% | PS0.9x | |
| 534597 RattanIndia Enterprises | ₹33.05 | 3.4% +₹1.5b | -39.8% | PS0.6x |