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India
Reported ownership for FY2027-Q2 as of 2026-09-30.
As of 06 Nov 2026, 03:30 pm
On November 2, 2026, Meesho completed an additional investment in Meesho Payments Private Limited (MPPL) by subscribing to 1.14 crore equity shares at a premium of ₹349 per share. The total cash consideration was ₹3,999.99 crore. MPPL reported a turnover of ₹1,104.65 lakhs and a net loss of ₹2,465.22 lakhs for the period ending March 31, 2026.
Between November 1 and November 3, 2026, Meesho allotted 21.44 lakh shares following the exercise of vested options and granted 2,901 new stock options convertible into 1.42 lakh shares. Consequently, the issued share capital increased from ₹4,628.87 crore to ₹4,631.01 crore, with each share having a face value of Re. 1.
As of November 6, 2026, Meesho closed at ₹233.55 with a market capitalization of approximately ₹10.80 lakh crore. Technical indicators show a bullish Supertrend direction on both daily and monthly timeframes. Immediate resistance is noted at ₹238.48 (2.11% above), while support sits near ₹232.55 (0.43% below).
Meesho has delivered a Year-to-Date return of +28.6% and a 3-month return of +25.4%, though it experienced a -2.0% decline over the last month. The stock exhibits high annualized volatility of +55.1% and has faced a maximum drawdown of -42.8% historically, with a current drawdown of -3.0% as of November 6, 2026.
As of 06 Nov 2026, 03:30 pm
Showing 3 of 6 candles
Recent drawdown or price variability is high enough to warrant closer monitoring.
Primary driver: Price swings are higher than typical
The session opened materially below the previous close, indicating a sharp repricing at the open.
The price gap may increase short-term downside uncertainty and warrants review of the underlying context.
The session opened materially above the previous close, indicating a sharp repricing at the open.
The move may reflect new information; subsequent price follow-through is worth monitoring.
Downward price movement of 2.78 standard deviations recorded on 2026-09-25.
Unusual market activity that may warrant review of the underlying price, volume, or news context.
Trading activity was substantially higher than usual and the price closed higher.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Latest complete financial results for Q2 FY27 and comparative quarterly trends.
| Ratio / Metric | Value |
|---|---|
| Earnings Per Share | ₹-0.28 per share |
| Ttm Eps | -2.06 |
| Cash Flow From Operating Activities | -₹279.62 crore |
| Free Cash Flow | -₹467.04 crore |
| Cash Flow From Investing Activities | -₹187.43 crore |
| Cash Flow From Financing Activities | -₹24.55 crore |
Meesho’s consolidated revenue from operations rose 11.3% quarter on quarter to ₹4,131.58 crore in Q2 FY2026-27. Expenses increased 10.7% to ₹4,382.27 crore, while the net loss narrowed marginally to ₹132.45 crore from ₹132.84 crore in Q1. At 30 September 2026, cash and cash equivalents were ₹128.78 crore, compared with ₹620.37 crore at 31 March 2026.
The pre-tax loss narrowed to ₹123.27 crore in Q2 from ₹132.84 crore in Q1. A tax expense of ₹9.18 crore brought the net loss to ₹132.45 crore, marginally lower than the prior quarter’s ₹132.84 crore. Basic and diluted loss per share were both ₹0.28, unchanged from Q1.
Finance costs declined to ₹1.38 crore from ₹2.13 crore in Q1.
Q2 brought another sequential increase in revenue, with expenses growing at a somewhat slower rate and the net loss narrowing only marginally. The lower cash and bank balances, alongside higher current investments, mark notable changes in the balance-sheet mix; rising trade payables and total liabilities also add context to the quarter-end position.
Disclosed bulk and block transactions involving Meesho, shown for the latest 90 days.
Exchange disclosures and regulatory announcements for Meesho.
Meesho Limited has informed the Exchange about Copy of Newspaper Publication w.r.t Postal Ballot Notice |SUBJECT: Copy of Newspaper Publication
Meesho Limited completed the acquisition of 92.74% of Kirana Club Pte. Ltd. and its Indian subsidiary Retail Pulse Labs Private Limited (RPLPL) on November 7, 2026, for an aggregate cash consideration of ₹186.71 crore. Following this transaction, Kirana Club became a subsidiary and RPLPL a step-down subsidiary of Meesho. The acquired entities operate B2B e-commerce platforms for kirana retailers, with combined recent turnover of approximately INR 16.04 crore (Kirana Club: SGD 45,808; RPLPL: INR 16.04 Crore) as of March 31, 2026.
Meesho Limited has called a postal ballot seeking shareholder approval by special resolution to appoint Sudhir Ganesh Sitapati (DIN 09197063) as a Non-Executive Independent Director for five years, from October 28, 2026 to October 27, 2031, and to pay him annual remuneration of INR 1,00,00,000 for three years, from October 28, 2026 to October 27, 2029. Sitapati was appointed Additional Director effective October 28, 2026, subject to shareholder approval. Remote e-voting runs from November 9, 2026 at 9:00 a.m. IST through December 8, 2026 at 5:00 p.m. IST; the filing reports no voting outcome. The appointment and remuneration proposal are substantive governance matters; the ballot and e-voting instructions are procedural.
Meesho Limited (NSE: MEESHO) has completed an additional investment in its wholly-owned subsidiary, Meesho Payments Private Limited (MPPL), by subscribing to 1,14,28,571 fully paid-up equity shares via a rights issue. The transaction was executed at cash consideration totaling INR 3,99,99,99,850, comprising shares with a face value of Re. 1/- each issued at a premium of Rs. 349/- per share. The equity shares were allotted on November 02, 2026. MPPL operates as a Lending Service Provider (LSP) incorporated on April 25, 2019, and reported a turnover of INR 1,104.65 lakhs and a net loss of INR 2,465.22 lakhs for the period ending March 31, 2026. This intimation follows a prior disclosure dated October 28, 2026, regarding the outcome of a Board Meeting.
Meesho Limited has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL
Meesho Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL
On November 1, 2026, Meesho Limited’s Nomination and Remuneration Committee approved the grant of 2,901 Stock Options to eligible employees under the ESOP 2024 Plan. Each option is convertible into 49 fully paid-up equity shares (face value Re. 1/-), resulting in a total of 142,149 equity shares covered by these grants. The exercise price is set at Re. 1/- per stock option. The company disclosed this transaction to the NSE and BSE pursuant to Regulation 30 of the SEBI Listing Regulations.
Meesho Limited’s Nomination and Remuneration Committee approved the allotment of 21,43,590 equity shares of Re. 1 each to eligible employees on November 1, 2026, following exercise of vested options under the Meesho Limited Employee Stock Option Plan, 2024. The shares rank pari-passu with existing equity shares. Issued, subscribed and paid-up equity share capital increased from Rs. 4,62,88,65,191 (4,62,88,65,191 shares) to Rs. 4,63,10,08,781 (4,63,10,08,781 shares).
Recent market and company developments associated with Meesho.
Indian actively-managed equity funds attracted net inflows of ₹5.2 lakh crore and increased assets under management from ₹31 lakh crore to ₹35.4 lakh crore during the period between Diwali 2025 and Diwali 2026, leading to significant portfolio reshuffling across sectors.
The Sensex and Nifty extended their winning streak to seven sessions, driven by foreign fund inflows, lower oil prices, strong corporate earnings, and rupee strength. For the Diwali Muhurat trading session on November 8, Chandan Taparia of Motilal Oswal Financial Services recommended buying Meesho, Eternal, MCX, and Adani Ports based on technical analysis indicating bullish momentum.
Domestic institutional investors have overtaken foreign institutional investors in Nifty 50 ownership, with their stake rising to a 16-quarter high of 25.8% while FII holdings fell to a 16-quarter low of 22.1%, according to Elara Securities data. This structural shift is evident across broader market indices and specific sectors, as domestic funds increased exposure in banking, auto, and IT stocks while reducing foreign reliance in mid-cap and small-cap segments.
Venture Capital firm Ventura has identified Park Medi World, HDFC Bank, Paytm, Meesho, LG Electronics India, and Ather Energy as its Diwali stock picks for Samvat 2083, citing upside potential of up to 83.7% in some names. The brokerage's recommendations are based on factors such as aggressive expansion, improved balance sheets, structural e-commerce growth, and technology-led platform advantages. These selections come amid recent market volatility, with the BSE Sensex and Nifty 50 trading in green following four consecutive days of gains.
Meesho reported narrowing operating losses in its Q2 FY27 results, indicating continued growth momentum despite profitability challenges.
Logistics and payments firms Shadowfax, BlackBuck, and Pine Labs reported strong Q2 FY27 financial results, with Shadowfax's net profit jumping fivefold, BlackBuck's rising 42%, and Pine Labs' surging over six-fold.
Meesho anticipates near-term margin pressure as it increases investments to drive growth during the festive season, despite reporting a rise in contribution margin to 6% of net merchandise value in the second quarter of FY27.
Brokerage JM Financial expects the November 2026 MSCI India Standard Index review to add Life Insurance Corporation of India, Meesho, and Coforge while excluding Oracle Financial Services Software and Siemens Energy India. The estimated net passive inflows resulting from these changes are projected at approximately $1.4 billion.
Comprehensive Section Breakdown for Meesho
Strategic Vision: Indian e-commerce platform connecting sellers with customers.
Category: Consumer Tech
Meesho operates an online marketplace connecting sellers with customers across India, spanning categories like fashion, home, beauty, and electronics.
Key Products & Services: Meesho
• Enables individuals to operate businesses with low initial investment.
Revenue from operations rose from ₹3,712.81 crore in Q1 FY2026-27 to ₹4,131.58 crore in Q2. The sequential increase extends the progression from ₹3,517.60 crore in Q3 FY2025-26 and ₹3,531.21 crore in Q4 FY2025-26.
Total income increased 11.3% quarter on quarter to ₹4,259 crore, including ₹127.42 crore of other income. Total expenses rose 10.7% to ₹4,382.27 crore. Other expenses, the largest reported expense category, increased 10.4% to ₹4,079.86 crore. Employee benefit expense was ₹280.88 crore and depreciation, depletion and amortisation expense was ₹20.15 crore.
At 30 September 2026, cash and cash equivalents stood at ₹128.78 crore, compared with ₹620.37 crore at 31 March 2026. Current investments increased over the same dates to ₹2,407.56 crore from ₹951.78 crore, while bank balances other than cash and cash equivalents fell to ₹459.16 crore from ₹1,272.76 crore.
Total assets were ₹8,001.68 crore at 30 September 2026. Equity attributable to owners was ₹4,205.97 crore, down from ₹4,386.37 crore at 31 March 2026, while total liabilities increased to ₹3,795.71 crore from ₹3,520.37 crore.
Current trade payables rose to ₹1,918.27 crore from ₹1,569.73 crore. Within that balance, outstanding dues to micro and small enterprises were ₹74.67 crore, down from ₹118.08 crore at 31 March 2026.
Core Thesis: Meesho enables country-wide online shopping by facilitating resellers using social media channels.
• Reseller Network: The platform enables individuals to operate businesses with low initial investment by leveraging Meesho's platform for product sourcing, logistics, and customer reach. • Social Commerce Integration: Meesho facilitates resellers using social media channels to connect with customers across India. • Diverse Product Categories: The online marketplace spans various categories, including fashion, home and kitchen products, beauty and personal care items, electronics accessories, and daily use products.