Meesho Limited

NSEI:MEESHO Stock Report

Market Cap: ₹856.4b

Meesho Future Growth

Future criteria checks 6/6

Meesho is forecast to grow earnings and revenue by 71.9% and 21.1% per annum respectively. EPS is expected to grow by 98.6% per annum. Return on equity is forecast to be 28.9% in 3 years.

Key information

71.9%

Earnings growth rate

98.62%

EPS growth rate

Multiline Retail earnings growth26.7%
Revenue growth rate21.1%
Future return on equity28.87%
Analyst coverage

Good

Last updated02 Jul 2026

Recent future growth updates

Recent updates

Narrative Update Jun 26

MEESHO: Index Additions And Margin Outlook Will Shape Balanced Return Potential

The analyst price target for Meesho has been adjusted from ₹190.80 to ₹200.46. Analysts point to a different balance of expected revenue growth, higher projected profit margins, an updated discount rate and a revised future P/E assumption as the key drivers of this change.
Analysis Article May 08

Will Meesho (NSE:MEESHO) Spend Its Cash Wisely?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
New Narrative Mar 25

Rural Expansion And Advertising Scale Will Transform Long Term Profitability

Catalysts About Meesho Meesho operates an online marketplace in India that connects buyers with a broad base of small and medium sellers across categories like apparel, home and kitchen, beauty and personal care, and grocery. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 10

Logistics And Ad Monetization Headwinds Will Persist Yet Eventually Support A Healthier Business

Catalysts About Meesho Meesho operates an online marketplace that connects millions of value focused consumers in India with a large base of small and medium sellers across categories. What are the underlying business or industry changes driving this perspective?
New Narrative Feb 11

Rising Value Ecommerce Adoption And Ad Monetisation Will Reshape This Long Term Opportunity

Catalysts About Meesho Meesho operates a value focused online marketplace that connects millions of buyers with a wide base of small and medium sellers across India. What are the underlying business or industry changes driving this perspective?

Earnings and Revenue Growth Forecasts

NSEI:MEESHO - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2029265,22218,11918,94822,13012
3/31/2028213,8037,2957,37511,46413
3/31/2027170,343-4,089-2,4996,04413
3/31/2026126,263-13,577-39,764-38,753N/A
12/31/2025114,951-25,828N/AN/AN/A
9/30/2025106,562-21,295-4,748-4,468N/A
3/31/202593,899-39,4175,1655,394N/A
3/31/202476,149-3,0501,9672,319N/A
3/31/202357,353-16,750-23,405-23,025N/A
3/31/202232,331-32,478-21,455-21,127N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MEESHO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (6.9%).

Earnings vs Market: MEESHO is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MEESHO is expected to become profitable in the next 3 years.

Revenue vs Market: MEESHO's revenue (21.1% per year) is forecast to grow faster than the Indian market (11% per year).

High Growth Revenue: MEESHO's revenue (21.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MEESHO's Return on Equity is forecast to be high in 3 years time (28.9%)


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 14:10
End of Day Share Price 2026/07/06 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Meesho Limited is covered by 14 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gaurav MalhotraAxis Capital Limited
Sachin SalgaonkarBofA Global Research
Kunal BajajChoice Equity Broking Private Limited