Meesho Limited vs FSN E-Commerce Ventures Limited
An objective side-by-side of MEESHO and NYKAA, both in E-Retail/ E-Commerce: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-10-16 close
Latest results: MEESHO Jun 2026 · NYKAA Jun 2026
At a glance
- Meesho Limited is the larger company by market value, about 1.1 times the size of FSN E-Commerce Ventures Limited.
| Metric | Meesho MEESHO |
FSN E-Commerce NYKAA |
|---|---|---|
| Size and price | ||
| Market cap | ₹105,108 Cr | ₹98,852 Cr |
| Share price | ₹227.20 | ₹345.00 |
| Valuation | ||
| P/E | — | 380.55 |
| P/B | — | 68.74 |
| EV/EBITDA | — | 148.32 |
| PEG | — | 3.12 |
| Dividend yield | — | 0.0% |
| Profitability | ||
| ROE | — | 18.1% |
| ROCE | — | 17.0% |
| Operating margin | -10.7% | 6.3% |
| Sales (TTM) | ₹13,836 Cr | ₹10,649 Cr |
| Net profit (TTM) | ₹-1,201 Cr | ₹260 Cr |
| Growth | ||
| Latest quarter sales YoY | +48.3% | +29.1% |
| Latest quarter profit YoY | +54.0% | +232.3% |
| Sales CAGR 3Y | — | +25.0% |
| Profit CAGR 3Y | — | +122.0% |
| Sales CAGR 5Y | — | +33.0% |
| Profit CAGR 5Y | — | +28.0% |
| Financial strength | ||
| Debt/Equity | — | 0.86 |
| Interest cover | -195.12 | 2.12 |
| Ownership | ||
| Promoter holding | 16.3% | 52.1% |
| Promoter change (4 qtrs) | +0.00 pp | -0.06 pp |
| Price performance | ||
| Return 1M | +6.54% | +5.96% |
| Return 3M | +20.93% | +6.79% |
| Return 1Y | — | +30.10% |
| Return YTD | +26.07% | +30.12% |
| Technical condition | ||
| Technical score | 57 | 82 |
| RS rating (1-99) | 85.00 | 81.00 |
| % vs 200-DMA | +24.55% | +19.54% |
| RSI (14) | 52.39 | 57.31 |
| % from 52-week high | -10.69% | -1.30% |
