Meesho (NSE:MEESHO) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


NSE:MEESHO Meesho Ltd NSE:MEESHO
22 GF Score
Price ₹189.94
! 2 Warning Signs
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What is Meesho Interest Coverage?

Meesho NSE:MEESHO +1.75% 22 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates NSE:MEESHO with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 825 Retail - Cyclical companies, Meesho ranks worse than 121212% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Meesho's Operating Income for the three months ended in Mar. 2026 was ₹-2,735 Mil. Meesho's Interest Expense for the three months ended in Mar. 2026 was ₹-24 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Meesho's Interest Coverage or its related term are showing as below:


NSE:MEESHO's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.92
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Meesho  (NSE:MEESHO) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Meesho Interest Coverage Related Terms


Meesho Interest Coverage Historical Data

* Premium members only.

The historical data trend for Meesho's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Meesho Interest Coverage Chart

Meesho Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Interest Coverage
0.00 0.00 0.00 0.00

Meesho Quarterly Data
Mar23 Mar24 Dec24 Mar25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial 0.00 0.00 N/A 0.00 0.00

NSE:MEESHO vs AMZN, BABA, PDD: Interest Coverage Comparison

For the Internet Retail subindustry, Meesho's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meesho Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Meesho's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Meesho's Interest Coverage falls into.


NSE:MEESHO
22GF Score
Meesho Ltd NSE:MEESHO
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Meesho Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Meesho's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Meesho's Interest Expense was ₹-90 Mil. Its Operating Income was ₹-15,319 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹348 Mil.

Meesho did not have earnings to cover the interest expense.

Meesho's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Meesho's Interest Expense was ₹-24 Mil. Its Operating Income was ₹-2,735 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹348 Mil.

Meesho did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Meesho (NSE:MEESHO) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Meesho and its competitors. According to the industry distribution chart, Meesho ranks #999999 out of 825 companies in the Retail - Cyclical industry.
Is Meesho's Interest Coverage too high?
Meesho's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Meesho ranks #999999 out of 825 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Meesho has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Meesho's Interest Coverage compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Meesho ranks #999999 out of 825 companies for Interest Coverage. This places Meesho in the lower half of its industry. The industry median Interest Coverage is 7.92. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.92, based on 825 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Meesho and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meesho's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meesho stock overvalued right now?
Meesho (NSE:MEESHO) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Meesho's overall GF Score™ is 22/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Meesho (NSE:MEESHO), the current Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Meesho Business Description

Other Exchanges 544632:India
Address Outer Ring Road, Varthur Hobli, 3rd Floor, Wing - E Helios Business Park, Kadubeesanahalli Village, Bengaluru, KA, IND, 560 103
Meesho Ltd is a technology platform that integrates commerce, logistics, and content creation to support e-commerce activities under the Meesho brand. The Company also provides digital financial services by facilitating financing arrangements between non-banking financial companies and sellers to support access to credit, and it operates a supply-chain service for the delivery of groceries and other products. The Company operates through the Marketplace segment, which is a technology platform connecting consumers, sellers, logistics partners, and content creators, and the New Initiatives segment, which includes a low-cost local logistics network for daily essentials and a digital financial services platform. The majority of the Company's revenue is generated from the Marketplace segment.
22GF Score

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