Narrative Update • Jul 28

Over the last 7 days, the Broadline Retail industry has risen 4.6%, driven by gains from Meesho of 2.2%. In the past year, the industry is down 23%. 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, 07 Aug 2026 | ₹1.5t | ₹394.0b | -₹7,860,966,307.00 | 52.2x | -190.2x | 3.8x |
| Sun, 05 Jul 2026 | ₹1.6t | ₹429.0b | -₹5,568,262,307.00 | 55.4x | -284.1x | 3.7x |
| Tue, 02 Jun 2026 | ₹1.6t | ₹429.1b | -₹5,568,262,307.00 | 52.8x | -280.8x | 3.6x |
| Thu, 30 Apr 2026 | ₹1.5t | ₹352.8b | -₹20,423,396,807.00 | 51.6x | -72.4x | 4.2x |
| Sat, 28 Mar 2026 | ₹1.2t | ₹352.7b | -₹20,434,944,000.00 | 39.5x | -60.8x | 3.5x |
| Mon, 23 Feb 2026 | ₹1.4t | ₹352.7b | -₹20,439,375,307.00 | 42.7x | -66.6x | 3.9x |
| Wed, 21 Jan 2026 | ₹1.5t | ₹385.3b | -₹16,508,855,307.00 | 50.3x | -90.5x | 3.9x |
| Fri, 19 Dec 2025 | ₹1.9t | ₹385.3b | -₹16,508,855,307.00 | 53.3x | -112.9x | 4.8x |
| Sun, 16 Nov 2025 | ₹834.8b | ₹278.7b | ₹4.8b | 57.7x | 174.4x | 3x |
| Tue, 14 Oct 2025 | ₹841.9b | ₹225.4b | ₹5.2b | 100.3x | 163x | 3.7x |
| Thu, 11 Sep 2025 | ₹862.6b | ₹221.3b | ₹5.2b | 88.3x | 167x | 3.9x |
| Sat, 09 Aug 2025 | ₹791.7b | ₹217.6b | ₹8.1b | 87x | 97.9x | 3.6x |
| Mon, 07 Jul 2025 | ₹819.9b | ₹262.8b | ₹8.0b | 100.8x | 102.8x | 3.1x |
| Wed, 04 Jun 2025 | ₹787.2b | ₹262.8b | ₹8.0b | 92.6x | 98.5x | 3x |
| Fri, 02 May 2025 | ₹736.6b | ₹257.1b | ₹10.2b | 18.3x | 72.4x | 2.9x |
| Sun, 30 Mar 2025 | ₹604.6b | ₹206.0b | ₹9.5b | 17.4x | 63.5x | 2.9x |
| Tue, 25 Feb 2025 | ₹598.0b | ₹206.0b | ₹9.5b | 29.7x | 62.8x | 2.9x |
| Thu, 23 Jan 2025 | ₹652.4b | ₹200.6b | ₹12.1b | 33.2x | 54x | 3.3x |
| Sat, 21 Dec 2024 | ₹734.5b | ₹245.1b | ₹12.3b | 35x | 60x | 3x |
| Mon, 18 Nov 2024 | ₹256.4b | ₹148.0b | ₹7.0b | 31.4x | 36.4x | 1.7x |
| Wed, 16 Oct 2024 | ₹309.0b | ₹146.7b | ₹11.0b | 45x | 28.1x | 2.1x |
| Fri, 13 Sep 2024 | ₹311.4b | ₹146.7b | ₹11.0b | 49.3x | 28.3x | 2.1x |
| Sun, 11 Aug 2024 | ₹295.1b | ₹136.4b | ₹4.2b | 44.8x | 69.8x | 2.2x |
| Tue, 09 Jul 2024 | ₹290.1b | ₹134.6b | ₹4.3b | 48.3x | 68.1x | 2.2x |
| Thu, 06 Jun 2024 | ₹249.2b | ₹134.5b | ₹4.2b | 62.3x | 59x | 1.9x |
| Sat, 04 May 2024 | ₹258.4b | ₹131.6b | ₹3.7b | 66x | 70.5x | 2x |
| Mon, 01 Apr 2024 | ₹162.9b | ₹88.4b | ₹2.9b | 25.8x | 56.3x | 1.8x |
| Wed, 28 Feb 2024 | ₹183.3b | ₹88.4b | ₹2.9b | 30.1x | 63.3x | 2.1x |
| Fri, 26 Jan 2024 | ₹182.3b | ₹82.2b | ₹574.3m | 75.5x | 317.4x | 2.2x |
| Sun, 24 Dec 2023 | ₹250.7b | ₹123.2b | ₹1.5b | 77.1x | 165.3x | 2x |
| Tue, 21 Nov 2023 | ₹218.0b | ₹123.0b | ₹1.5b | 60.5x | 145.4x | 1.8x |
| Thu, 19 Oct 2023 | ₹137.7b | ₹79.3b | ₹711.6m | 45x | 193.5x | 1.7x |
| Sat, 16 Sep 2023 | ₹147.0b | ₹79.3b | ₹711.6m | 49.3x | 206.5x | 1.9x |
| Mon, 14 Aug 2023 | ₹134.1b | ₹79.2b | ₹700.0m | 41.1x | 191.6x | 1.7x |
191.6x
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 | ₹186.17 | 2.2% +₹18.6b | n/a | PS6.2x | |
| VMM Vishal Mega Mart | ₹109.52 | 1.5% +₹7.6b | -24.2% | PE57.4x | |
| VMART V-Mart Retail | ₹813.90 | 6.5% +₹4.0b | 5.7% | PE47x | |
| SHOPERSTOP Shoppers Stop | ₹419.50 | 7.5% +₹3.2b | -18.4% | PS0.9x | |
| 534597 RattanIndia Enterprises | ₹31.49 | 1.3% +₹538.5m | -40.0% | PS0.6x |