Meesho Limited has formally announced an investors and analysts conference call to discuss its Q3FY26 financial performance, scheduled for Friday, January 30, 2026. The virtual meeting will commence at 06:30 p.m. IST, providing stakeholders with insights into the company's quarterly results.

Conference Call Details

The e-commerce platform has organized this earnings discussion in compliance with regulatory requirements under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement follows the company's earlier intimation dated January 21, 2026, regarding a Board Meeting scheduled for the same date.

Regulatory Compliance

The conference call announcement has been made pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations. Meesho Limited has communicated this information to both the National Stock Exchange of India Limited (Symbol: MEESHO) and BSE Limited (Scrip Code: 544632), ensuring compliance with listing obligations.

Accessibility and Information

Interested participants can access registration details through the company's designated link for the Q3FY26 earnings conference call. Additionally, Meesho has confirmed that this information will be made available on the company's investor relations website at investor.meesho.com/announcements, ensuring broader accessibility for stakeholders.

The communication was signed by Rahul Bhardwaj, Company Secretary and Compliance Officer (Membership No.: A41649), and digitally authenticated on January 26, 2026. The company operates from its registered office in Bengaluru, Karnataka, with CIN: U74900KA2015PLC082263.

Meesho Limited shares closed at ₹162.38 on Friday, declining 1.16% from the previous close of ₹164.29, as the recently-listed e-commerce platform continues to trade below its December highs. The stock has experienced significant volatility since its market debut, falling nearly 11% year-to-date and approximately 36% from its 52-week high of ₹254.40 reached on December 18, 2025.

Brokerage Coverage Initiations

Two major brokerages have initiated coverage on Meesho with cautious ratings despite acknowledging the company's strong market position. The research reports present a mixed outlook for the e-commerce platform.

Both brokerages cite limited upside potential at current valuation levels, suggesting the stock appears fully valued despite its recent decline from highs.

Strong Market Position and User Base

Both research reports highlight Meesho's dominant position in India's value e-commerce segment. The platform demonstrates impressive scale with significant market penetration across the country.

JM Financial expects the company to account for 99% of India's online shopper base by fiscal 2030, up from approximately 90% currently, indicating strong market expansion potential.

Financial Projections and Profitability Concerns

Analysts project robust revenue growth for Meesho, with JM Financial forecasting a 27% compound annual growth rate between fiscal 2025-2030. However, profitability remains a key concern for investors and analysts.

The company reported adjusted EBITDA losses of 3.20% of net merchandise value in the first half of fiscal 2026. Despite current losses, analysts expect improvement with break-even projected by fiscal 2028.

Business Model and Market Opportunity

Meesho's business model focuses on serving price-sensitive consumers primarily in tier 2-4 cities, with low average order values of around $3.00. The company operates an asset-light marketplace model with zero commission structure for sellers, instead monetizing through logistics services and advertising revenue.

Morgan Stanley estimates the platform's serviceable addressable market could reach $600-653 billion by fiscal 2030, indicating substantial long-term growth potential for the e-commerce segment.

Key Risk Factors

Analysts have identified several risk factors that could impact Meesho's performance. A key concern is the company's logistics spread, which came under pressure in the first half of fiscal 2026 due to industry consolidation.

JM Financial also flagged potential supply pressure when pre-IPO lock-in periods expire in June 2026, with over 50% shareholding held by venture capital and private equity investors. This could create additional selling pressure on the stock.

Trading Metrics

The stock, which listed on December 10, 2025, currently trades with an impact cost of 0.04% and daily volatility of 1.89%, indicating relatively liquid trading conditions despite the recent price decline.