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Best Ecommerce Stocks in India (2025)

Ecommerce stocks represent companies operating online retail platforms, logistics, or technology enabling digital marketplaces. Driven by consumer convenience, internet penetration, and digital payments, they are a key play in India’s consumption growth story.

Top Ecommerce Stocks in 2025

Ecommerce Stock Screener

Ecommerce Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 14 of 14 results

last updated at 6:30 AM IST 
NameStocks (14)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Eternal LtdETERNALOnline ServicesOnline Services2,70,918.742,70,918.74295.75295.75514.08514.08-0.67-0.67-7.32-7.3220.3820.383.323.328.948.942.082.082.632.63--0.070.072.982.98
2.Swiggy LtdSWIGGYOnline ServicesOnline Services93,635.8193,635.81401.55401.55-30.04-30.04-0.42-0.42-1.01-1.0110.7010.70-22.45-22.459.169.16-34.61-34.61-25.96-25.96--0.170.173.743.74
3.Fsn E-Commerce Ventures LtdNYKAAWellness ServicesWellness Services73,875.0473,875.04255.50255.501,117.961,117.96-1.01-1.014.054.0530.9930.9951.0951.0955.0255.025.045.0412.9512.95--0.980.982.232.23
4.Cartrade Tech LtdCARTRADEOnline ServicesOnline Services14,793.1214,793.123,008.303,008.30109.86109.86-2.81-2.812.362.3699.0199.01118.13118.136.366.366.016.017.377.37--0.060.064.354.35
5.Brainbees Solutions LtdFIRSTCRYRetail - ApparelRetail - Apparel14,548.4314,548.43297.80297.80-75.97-75.97-0.96-0.96-13.70-13.70-18.32-18.32-50.82-50.822.762.76-4.22-4.22-1.12-1.12--0.300.304.044.04
6.Indiamart Intermesh LtdINDIAMARTOnline ServicesOnline Services13,993.7413,993.742,292.302,292.3025.4125.41-1.60-1.60-5.29-5.29-3.68-3.68-3.09-3.096.406.4028.0928.0924.5224.522.142.140.020.022.192.19
7.Just Dial LtdJUSTDIALOnline ServicesOnline Services6,167.866,167.86731.90731.9010.5610.560.920.92-5.20-5.20-17.49-17.49-34.78-34.781.341.3413.5413.5413.8613.86--0.020.022.952.95
8.Rattanindia Enterprises LtdRTNINDIAPower Trading & ConsultancyPower Trading & Consultancy5,875.685,875.6841.9541.9569.5969.59-1.41-1.41-17.62-17.62-12.18-12.18-41.85-41.856.366.369.549.548.478.47--1.001.003.683.68
9.Matrimony.Com LtdMATRIMONYOnline ServicesOnline Services1,038.061,038.06478.30478.3022.9322.93-0.64-0.64-7.92-7.92-4.50-4.50-24.79-24.794.304.3016.9916.9922.5522.552.082.080.220.222.162.16
10.Womancart LtdWOMANCARTRetail - OnlineRetail - Online204.68204.68301.65301.6528.5528.553.303.30-4.95-4.9529.6629.6615.8615.862.982.9816.8116.8113.9213.92--0.210.214.024.02
11.Intrasoft Technologies LtdISFTRetail - OnlineRetail - Online148.27148.2791.4191.4111.7011.700.560.56-5.87-5.87-17.86-17.86-37.03-37.030.650.655.765.767.527.52--0.060.063.393.39
12.Digidrive Distributors LtdDIGIDRIVEOnline ServicesOnline Services106.14106.1427.4327.4313.4313.43-0.58-0.58-4.86-4.86-14.07-14.07-34.01-34.010.390.393.163.163.213.21--0.000.003.303.30
13.Kaushalya Logistics LtdKLLLogisticsLogistics81.5381.5343.0543.056.876.87-2.16-2.16-17.15-17.15-47.05-47.05-60.86-60.861.351.3521.7621.7622.9922.99--1.321.324.554.55
14.Net Avenue Technologies LtdCBAZAARTextilesTextiles10.0810.084.504.50-2.42-2.42-4.26-4.2634.3334.33-26.83-26.83-68.42-68.420.960.96-25.26-25.26-37.92-37.92--0.130.135.225.22

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Ecommerce Stocks, based on publicly available information and is sorted by market cap.

What Are E-commerce Stocks?

E-commerce stocks represent shares in companies that enable buying and selling products or services through digital platforms. These companies operate in various areas like online marketplaces, quick commerce delivery, direct to consumer brands, and supporting infrastructure such as payments and logistics. Their value depends on trends in digital commerce and consumer behaviour.



Types of E-commerce


B2C (Business-to-Consumer) Marketplaces

These platforms connect businesses directly with consumers for retail sales. Examples: Nykaa (beauty/fashion), Flipkart (Walmart-owned, private), Amazon India (global giant).


B2B (Business-to-Business) Platforms

Focused on bulk buying and connecting businesses. They typically earn through subscriptions, commissions, or listing fees. Examples: IndiaMART InterMESH (leading B2B marketplace), Udaan (private).


Quick-Commerce & Hyperlocal Delivery

Provide groceries, essentials, or food within minutes through strong logistics. Examples: Blinkit (Zomato-owned/Eternal Ltd), Swiggy Instamart.


D2C (Direct-to-Consumer) Brands

Companies sell directly to customers online, often cutting out middlemen and relying on strong branding. Examples: Nykaa, Lenskart (private), Mamaearth (Honasa Consumer).


E-commerce Enablers & Infrastructure Providers

These firms provide payment gateways, logistics, or SaaS platforms powering e-commerce. Examples: Infibeam Avenues (CCAvenue), Delhivery (logistics), Paytm (payments).


Classifieds & Vertical Platforms

Specialised platforms focusing on a niche category like jobs, real estate, or auto. Examples: Info Edge (Naukri, 99acres, Jeevansathi), Cars24 (private).


Overview of the Top Ecommerce Stocks

Eternal Ltd

Eternal Limited (formerly Zomato Limited) is an Indian tech firm headquartered in Gurgaon. It owns and operates major platforms including Zomato (food delivery and discovery), Blinkit (quick commerce), District (live events/ticketing), and Hyperpure (B2B food supplies).

Swiggy Ltd

Swiggy Limited is a Bengaluru-based pioneer in hyperlocal commerce, offering food delivery since 2014 and quick commerce via Instamart. It connects users to food, groceries, and essentials through a unified app, serving over 580 Indian cities.

Fsn E-Commerce Ventures Ltd

FSN E‑Commerce Ventures Ltd is a consumer technology platform company behind Nykaa. It manufactures, sells, and distributes beauty, wellness, personal care, and fashion products across online and offline channels in India and the Middle East.

Brainbees Solutions Ltd

Brainbees Solutions Limited operates as FirstCry, India’s largest multi-channel retail platform for mothers’, babies’, and kids’ products. Founded in 2010 and headquartered in Pune, it sells via app, website, and 1,000+ stores, offering a wide range of categories for children and maternity

Indiamart Intermesh Ltd

IndiaMART InterMESH Ltd is India’s largest online B2B marketplace, connecting buyers with suppliers across diverse industries. Focused on small and medium enterprises (SMEs), the platform enables digital lead generation and sourcing of products and services. It offers a range of solutions including subscription plans, payment facilitation, and logistics support.

Ecommerce Market Size in India

India’s e-commerce sector continues to grow rapidly. In 2024, the B2C e-retail market alone accounts for about US$60 bn while the broader e-commerce market reaches around $147 bn. For FY2025, experts predict the market will exceed $160 bn, which shows a solid 25-30 percent Y-o-Y growth. By 2030, the B2C segment is expected to reach $170 to $190 bn and the overall e-commerce market could touch $345 bn, which reflects strong long-term growth potential.

How to Invest in Ecommerce Stocks?

Investing in ecommerce stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in ecommerce stocks:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for Ecommerce Stocks: Go to Tickertape Stock Screener and search for ecommerce stocks.
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter if your preferred parameters are not available. This can help you narrow down the top ecommerce stocks in India.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve identified ecommerce stocks that align with your investment thesis, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

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Advantages of Investing in Ecommerce Stocks

High-Growth Structural Theme

The number of online shoppers has grown from around 140 million in 2020 to nearly 260 million in 2024, showing rapid digital adoption.

Technology-Driven Scalability

Digital platforms can expand across India with lower incremental costs than physical retail. They use logistics and AI to scale efficiently.

Strong Reach into New Markets

E-commerce companies are expanding into smaller towns and rural areas, growing their customer base significantly.

Innovative Service Models

Quick-commerce players like Blinkit and Instamart drive customer engagement, create new consumption habits, and shape market expectations.

Diversified Business Models

E-commerce stocks include various models, from marketplaces like IndiaMART and direct-to-consumer brands like Nykaa to tech-enabled services like Infibeam, offering multiple ways for investors to participate.

Risks of Investing in Ecommerce Stocks

Profitability Challenges

Quick commerce companies such as Swiggy and Blinkit are increasing revenues but facing declining profits. Heavy investments in infrastructure and discounts put pressure on long-term margins.

Operational Pressures

Rapid expansion leads to pricing pressures, instability in gig workforce arrangements, and concerns about long-term sustainability.

Intense Competition and Consolidation

The market includes many similar players competing for share, which makes sustainability and differentiation essential.

Regulatory and Policy Uncertainty

Changes in data norms, e-commerce regulations, or cross-border trade policies can disrupt business models.

Valuation Volatility

In emerging sectors, high investor expectations can result in sharp stock swings if growth slows.

Factors to Consider Before Investing in Ecommerce Stocks

Business Model Clarity

Determine if the company operates in B2C, B2B, D2C, or delivery-first models, as each model has different revenue dynamics and scalability potential.

Path to Profitability

Quick commerce players show fast growth but also widening losses. Review their burn rate, breakeven strategy, and potential for sustainable margins.

Market Position and Differentiation

Assess brand strength and niche focus. For example, IndiaMART leads in B2B with a 79 percent surge in Q4 PAT, while Nykaa shows leadership in omnichannel beauty retail with 28 percent revenue growth and profitability.

Technology and Delivery Infrastructure

Firms investing in AI, logistics, and mobile commerce, such as Myntra, have stronger scalability advantages.

Regulatory Awareness and Flexibility

Stay alert to policy changes in e-commerce and data regulation, which can affect the supply chain or customer acquisition strategies.

Conclusion

E-commerce stocks in India offer exposure to a dynamic, high-growth digital economy, with models ranging from marketplaces and D2C brands to delivery and tech platforms. While the expansion story is compelling, investors must weigh profitability challenges, competitive pressures, and execution risk. With Tickertape Stock Screener, an investor can evaluate ecommerce stocks on 200+ filters, and identify stocks that aligns with their investment thesis.

Frequently Asked Questions on Ecommerce Stocks

  1. What are Ecommerce Stocks?

    E-commerce stocks are shares of companies that sell goods or services online. They include marketplaces, direct-to-consumer brands, and quick-commerce firms, allowing investors to benefit from the rapid growth of digital shopping and technology-driven retail models.

  2. How to invest in Ecommerce Stocks?

    Here’s how you can invest in Ecommerce stocks -
    1. Go to the Tickertape Stock Screener
    2. Select the "Ecommerce" stocks.
    3. From the Ecommerce stocks, analyse and sort the Ecommerce stocks using over 200+ filters - including valuation ratios, financials, technical indicators, and more - based on your investment thesis.
    4. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Ecommerce stocks.

    Disclaimer: Please do your own research or consult your financial advisor before investing.

  3. What is the future projection of Ecommerce Stocks?

    E‑commerce stocks in India are poised to benefit from robust market expansion, with the sector’s GMV expected to rise from  $125 bn in 2024 to  $345 bn by 2030 (CAGR ~15 %). Strong players like Swiggy and Eternal, led by quick‑commerce growth, are outperforming peers, though profitability pressures remain amid heavy investments in logistics.

    Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

  4. How to choose Ecommerce Stocks for investing?

    When choosing e-commerce stocks, analyze financial statements for revenue growth, profitability, and cash flow stability. Conduct fundamental analysis of business models, customer acquisition trends, and market expansion strategies. Evaluate valuation metrics like P/E and P/S ratios compared with peers. Assess competitive positioning, supply chain efficiency, and regulatory environment. Finally, track management quality and technological adaptability. With over 200+ filters, you can fundamentally analyse and evaluate the stocks on Tickertape Stock Screener and identify stocks that aligns with your investment thesis.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  5. Do Ecommerce Stocks offer regular dividends?

    Most Indian e-commerce companies (like Zomato, Nykaa, etc.) are growth-oriented and typically retain earnings for expansion rather than paying regular dividends. Mature offline retailers may have a more consistent policy. However, you can use Tickertape Stock Screener to filter Ecommerce Stocksby dividend yield, dividend history, and payout ratios to identify consistent payers. Disclaimer: This is only for educational purposes as the latest data is derived from Tickertape Stock Screener.

  6. What are the factors affecting Ecommerce Stocks prices?

    E-commerce stocks are influenced by user growth, transaction volumes, customer acquisition costs, and unit economics. Policy shifts like FDI rules, competition from rivals, and supply chain efficiency also matter. Investor sentiment often follows funding trends, profitability outlook, and festive or seasonal sales performance.

    Disclaimer: Please note that the above information is for educational purposes only.