Meesho (NSE:MEESHO) ROCE %: -14.18% (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 ROCE %?

Meesho NSE:MEESHO +1.75% 22 ROCE % is -14.18% as of Mar. 2026. GuruFocus rates NSE:MEESHO with a GF Score™ of 22/100. The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Meesho's annualized ROCE % for the quarter that ended in Mar. 2026 was -14.18%.

Meesho  (NSE:MEESHO) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Meesho ROCE % Related Terms

Meesho ROCE % Historical Data

* Premium members only.

The historical data trend for Meesho's ROCE % 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.

Meesho ROCE % Chart

Meesho Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROCE %
-67.27 -13.43 -75.98 -40.29

Meesho Quarterly Data
Mar23 Mar24 Dec24 Mar25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial 2.96 -369.34 0.00 -206.12 -14.18
NSE:MEESHO
22GF Score
Meesho Ltd NSE:MEESHO
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Meesho ROCE % Calculation

Meesho's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-12003.1/( ( (72260.87 - 57169.59) + (79067.46 - 34577.31) )/ 2 )
=-12003.1/( (15091.28+44490.15)/ 2 )
=-12003.1/29790.715
=-40.29 %

Meesho's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-6308.28/( ( (0 - 0) + (79067.46 - 34577.31) )/ 1 )
=-6308.28/( ( 0 + 44490.15 )/ 1 )
=-6308.28/44490.15
=-14.18 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -14.18% mean?
Meesho (NSE:MEESHO) has a ROCE % of -14.18% as of Mar. 2026.
Is Meesho's ROCE % too high?
Meesho's current ROCE % is -14.18%. Overall, Meesho has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Meesho's ROCE % compare to AMZN and BABA?
Meesho's ROCE % of -14.18% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.58. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.58, based on 1,112 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Retail - Cyclical industry, the median ROCE % is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meesho's current ROCE % is -14.18%. 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 ROCE % of -14.18%. The current ROCE % is -14.18%. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Meesho (NSE:MEESHO), the current ROCE % is -14.18% 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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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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