FSN E-Commerce
Market cap ₹96,330 Cr
- P/E
- 373.56
- Day range
- ₹336.20 – ₹346.15
- 52-week range
- ₹227.90 – ₹349.55
- Volume
- 23.38 L
- Open
- ₹345.40
- Prev close
- ₹344.50
Key metrics
- P/E (TTM)
- 382.9
- EPS (TTM)
- ₹0.90
- ROE (FY26)
- 14.9%
- ROCE (latest year)
- 17%
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
Bars in ₹ crore (a loss shows red); line is operating margin
- Revenue
- Net profit
- Operating margin
Who owns the company
Shareholding as of Jun 2026
- Promoter
- DII
- FII
- Public
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); line is debt-to-equity
- Equity
- Debt
- Debt / equity
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,507 | 1,789 | 1,668 | 1,746 | 1,875 | 2,267 | 2,062 | 2,155 | 2,346 | 2,873 | 2,648 | 2,782 |
| Expenses | 1,426 | 1,690 | 1,575 | 1,650 | 1,771 | 2,126 | 1,928 | 2,014 | 2,187 | 2,644 | 2,425 | 2,546 |
| Operating Profit | 81 | 99 | 93 | 96 | 104 | 141 | 133 | 141 | 159 | 230 | 223 | 236 |
| OPM % | 5% | 6% | 6% | 6% | 6% | 6% | 6% | 7% | 7% | 8% | 8% | 8% |
| Other Income | 9 | 8 | 7 | 7 | 5 | 6 | 9 | 9 | 7 | -10 | 9 | 9 |
| Interest | 21 | 22 | 21 | 21 | 24 | 32 | 30 | 30 | 31 | 29 | 26 | 27 |
| Depreciation | 55 | 58 | 60 | 60 | 64 | 70 | 73 | 76 | 79 | 81 | 84 | 89 |
| Profit before tax | 13 | 26 | 20 | 22 | 21 | 45 | 40 | 44 | 55 | 110 | 122 | 129 |
| Tax % | 30% | 31% | 50% | 36% | 37% | 39% | 52% | 44% | 40% | 38% | 35% | 38% |
| Net Profit | 8 | 17 | 9 | 14 | 13 | 26 | 19 | 24 | 33 | 68 | 79 | 80 |
| EPS in Rs | ₹0.02 | ₹0.06 | ₹0.02 | ₹0.03 | ₹0.04 | ₹0.09 | ₹0.07 | ₹0.08 | ₹0.12 | ₹0.22 | ₹0.27 | ₹0.28 |
From company filings, updated 15 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.
Working-capital cycle
0 days since Mar 2021
-13 days since Mar 2021
-28 days since Mar 2021
+15 days since Mar 2021
+1 days since Mar 2021
Strengths, risks & growth
FSN E-commerce Ventures Ltd. (FSNEV) popularly known as "Nykaa" is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care, and fashion products, including owned brand products manufactured by it. [1]
Strengths
- Company has delivered good profit growth of 27.7% CAGR over last 5 years
Risks
- Stock is trading at 68.6 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.75% over last 3 years.
Compounded Sales Growth
- 10 Years
- —
- 5 Years
- +33%
- 3 Years
- +25%
- TTM
- +27%
Compounded Profit Growth
- 10 Years
- —
- 5 Years
- +28%
- 3 Years
- +122%
- TTM
- +234%
Stock Price CAGR
- 10 Years
- —
- 5 Years
- —
- 3 Years
- +31%
- 1 Year
- +43%
Return on Equity
- 10 Years
- —
- 5 Years
- +6%
- 3 Years
- +8%
- Last Year
- +15%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 52.12% | 52.10% | 52.09% | 52.07% | -0.02 pp |
| FII | 12.54% | 12.15% | 12.40% | 13.73% | +1.33 pp |
| DII | 24.99% | 25.36% | 25.35% | 24.08% | -1.27 pp |
| Public | 10.36% | 10.41% | 10.15% | 10.12% | -0.03 pp |
Filed with NSE for Jun 2026: promoters 52.08%, public 47.92% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 18.91% (-0.69 pp)- Promoters52.1%
- Foreign institutions13.7%
- Mutual funds18.9%
- Insurance4.6%
- Other domestic institutions0.5%
- Retail2.4%
- Others7.7%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| HDFC Flexi Cap Fund | 0.89% | 0.75% | -0.06 pp |
| SBI Contra Fund | 0.81% | 1.63% | +0.17 pp |
| Nippon India Multi Cap Fund | 0.73% | 1.24% | -0.07 pp |
| HDFC Focused Fund | 0.68% | 2.29% | +0.19 pp |
| SBI ELSS Tax Saver Fund | 0.66% | 1.98% | +0.23 pp |
Scorecard
- Performance
- Low
- Valuation
- High
- Growth
- Avg
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 248 daily sessions to 11 Sept 2026.
Risk
- Volatility (1Y)
- 27.6%
- Downside volatility
- 24.0%
- Worst 5% of days
- 2.5%
- Average of that tail
- 3.0%
- Max drawdown (1Y)
- 16.4%
- Below its peak
- 1.4%
Against the market
- Beta vs Nifty 50
- 1.02
- Correlation
- 0.49
- Relative strength (3M)
- +28.2%
- ATR (14)
- 2.2%
Return
- Return 1M
- +4.0%
- Return 3M
- +26.3%
- Return 6M
- +34.2%
- Return 1Y
- —
- vs 200-day average
- +23.2%
Momentum
- RSI (14)
- 59.8
- MACD histogram
- 0.26
- Stochastic %K
- 76.6
- ADX (14)
- 27.2
- +DI / −DI
- 22.6 / 10.5
- Money flow index
- 74.4
Participation
- Delivery (20d avg)
- 58.0%
- vs its 60-day baseline
- -0.4 pts
- Volume vs 20-day
- -0.1σ
- Close vs day's VWAP
- +0.7%
- 52-week position
- 96 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Corporate actions
- bonusNot available — not reported in this filing
Bonus 5:1
10 Nov 2022ex-date
Company announcements
Disclosure in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - ESG Rating
Allotment of 1,80,870 Equity shares pursuant to exercise of vested stock option by the employees under the Employee Stock Option Schemes of the Company
Update on completion of acquisition of additional 24.2% equity shareholding in Earth Rhythm Private Limited, a subsidiary of the Company
Scrutinizer's Report and Voting Results of the 14th Annual General Meeting held on August 25, 2026.
Proceedings of the 14th Annual General Meeting of the Company held on August 25, 2026.
Presentation made at the 14th Annual General Meeting of the Company held on August 25, 2026.
Chairperson's Speech delivered at the 14th Annual General Meeting held on August 25, 2026.
Redemption of Unlisted, Unsecured, Unrated, Redeemable, Non-Convertible Debentures ("NCDs") by Nykaa E-Retail Limited, a wholly owned subsidiary of the Company
Allotment of 2,26,200 Equity shares pursuant to exercise of vested stock option by the employees under the Employee Stock Option Schemes of the Company
Please find enclosed herewith the Transcript of Analyst / Investor Meet held on August 04, 2026.
Please find enclosed herewith schedule of Analyst/ Institutional Investor Meet.
Please find enclosed herewith the Newpaper Publication.
Audio and Video Recording of the Conference Call for Analyst/Institutional Investor
Press Release issued by the Company titled "Nykaa begins FY2027 on a strong note with Q1 FY2027 Net Revenue growth accelerating to 29% YoY and robust PAT Growth of 226% YoY" & "Nykaa acquires ....
Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.
Filed with BSE (scrip 543384); the last 45 days. Documents open at bseindia.com.
Documents
Annual reports
Earnings calls
- Aug 2026TranscriptSlidesRecording
- Jun 2026TranscriptSlidesRecording
- May 2026Slides
- Feb 2026TranscriptSlidesRecording
- Nov 2025TranscriptSlides
- Aug 2025TranscriptSlidesRecording
Credit ratings
- Rating update · 7 May from crisil
- Rating update · 9 Apr 2025 from crisil
- Rating update · 6 Feb 2025 from crisil
- Rating update · 7 Feb 2024 from crisil
- Rating update · 28 Dec 2023 from crisil
- Rating update · 7 Feb 2023 from crisil
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 11 Feb 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.
