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Fsn E-Commerce Ventures Ltd

NYKAA

Fsn E-Commerce Ventures Ltd

NYKAA
Consumer DiscretionaryWellness Services
MidcapWith a market cap of ₹49,182 cr, stock is ranked 188
Moderate RiskStock is 2.44x as volatile as Nifty
172.061.12% (-1.95)
172.061.12% (-1.95)

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Consumer DiscretionaryWellness Services
MidcapWith a market cap of ₹49,182 cr, stock is ranked 188
Moderate RiskStock is 2.44x as volatile as Nifty

How to use scorecard? Learn more

Consumer DiscretionaryWellness Services
MidcapWith a market cap of ₹49,182 cr, stock is ranked 188
Moderate RiskStock is 2.44x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
1,149.6538.39—
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
38.566.700.73%

Forecast & Ratings

Detailed Forecast 
67%
Analysts have suggested that investors can buy this stock

from 21 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

FSN E-Commerce Ventures Limited is engaged in the business of manufacturing, selling and distribution of beauty, wellness, fitness, personal care, health care, skin care, hair care products, fashion garments, fashion accessories and equipment

Investor Presentation

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Nov 12, 2024

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 41.87%, vs industry avg of 31.83%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 52.61% to 92.67%

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Financial YearFY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue578.081,116.381,777.852,452.663,800.915,174.016,415.577,105.05
Raw Materialssubtract436.16785.481,196.091,533.852,492.143,007.423,846.796,685.79
Power & Fuel Costsubtract0.602.094.624.406.6414.9920.68
Employee Costsubtract54.93117.30195.61233.02326.47491.72564.90
Selling & Administrative Expensessubtract139.22253.12387.61389.40887.651,302.101,592.65
Operating & Other expensessubtract-29.94-67.46-99.39121.98-103.0270.5113.73
Depreciation/Amortizationsubtract7.4030.8859.5171.5996.41173.26224.23241.36
Interest & Other Itemssubtract7.1626.6946.2432.2947.3075.6283.5688.51
Taxes & Other Itemssubtract-9.27-7.204.184.586.2319.1336.7746.61
EPS-0.19-0.16-0.110.390.180.070.110.15
DPS0.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2023

Annual report

PDF

Investor Presentation

Jun 19PDF
Jun 16PDF
May 24PDF
+3 more
FY 2024

Annual report

PDF

Investor Presentation

Sep 18PDF
Aug 11PDF
FY 2025

Annual Report Pending

Investor Presentation

Nov 12PDF
Sep 18PDF
 

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryWellness Services

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Fsn E-Commerce Ventures Ltd1,524.5538.39—
Aayush Wellness Ltd846.5099.79—
Kaya Ltd-3.51-2.00—
Emerald Leisures Ltd-25.08-5.80—

Price Comparison

Compare NYKAA with any stock or ETF
Compare NYKAA with any stock or ETF
NYKAA
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding52.18%17.00%4.84%10.13%15.84%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep10.04%9.84%10.65%10.32%10.48%10.13%

Mutual Funds Holding Trend

Increased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has increased by 3.71%

Top 5 Mutual Funds holding Fsn E-Commerce Ventures Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Mirae Asset Large & Midcap Fund - Growth - Direct Plan

Growth
1.1915%1.54%-0.04%56/105 (-1)
ICICI Prudential Large & Mid Cap Fund - Growth - Direct Plan

Growth
0.9680%2.78%0.99%61/119 (-1)
Mirae Asset Large Cap Fund - Growth - Direct Plan

Growth
0.9097%1.14%-0.26%51/89 (-2)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

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Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

NYKAA has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

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Dividends

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News & Opinions
Live Market Update
Market sell-off intensifies; European mrkt opens lower

The key equity benchmarks traded with deep cuts in afternoon trade. The Nifty traded below the 23,700 level. All the sectoral indices on the NSE were traded in red, with realty, media and metal shares declining the most. At 13:30 IST, the barometer index, the S&P BSE Sensex declined 643.82 points or 0.82% to 78,033.34. The Nifty 50 index slipped 224.75 points or 0.94% to 23,658.70. The broader market underperformed the benchmark indices. The S&P BSE Mid-Cap index dropped 2.01% and the S&P BSE Small-Cap index tumbled2.46%. The market breadth was weak. On the BSE, 705 shares rose and 3,158 shares fell. A total of 113 shares were unchanged. Economy: India's retail inflation, based on the Consumer Price Index (CPI), in October 2024 surged to a 14-month high of 6.21%, according to the latest official data released on Tuesday. India's retail inflation had stood at a nine-month high of 5.49% in September 2024. It was at 4.87% in October 2023. India's industrial production grew by 3.1% in September, according to official data released on Tuesday. In the previous month of August, the factory output, based on the Index of Industrial Production (IIP), was in the negative territory at (-) 0.1%. However, the IIP growth had stood at 6.4% in September 2023. Gainers & Losers: NTPC (up 1.20%), Britannia Industries (up 0.45%) and Tata Motors (up 0.25%), were major Nifty gainers. Hindalco Industries (down 3.93%), Eicher Motors (down 3.91%), Hero Motorcorp (down 3.55%), Tata Steel (down 3.49%) and Mahindra & Mahindra (down 3.36%) were major Nifty losers. Stocks in Spotlight: FSN E-Commerce Ventures (NYkaa) declined 3.18%. The company's consolidate net profit jumped 66.28% to Rs 12.97 crore on 24.4% increase in revenue from operations to Rs 1,874.74 crore in Q2 FY25 over Q2 FY24. Sula Vineyards slipped 5.68% after the company's consolidated net profit fell 37.28% to Rs 14.48 crore in Q2 FY25 as against Rs 23.09 crore posted in Q2 FY24. Revenue from operations (excluding excise duty) decreased marginally to Rs 132.36 crore in the second quarter of FY25 as compared to Rs 133.69 crore recorded in the corresponding quarter previous year. Droneacharya Aerial Innovations tumbled 16.37%. The company said that it has secured a master contract worth $1.75 million (Rs 14.80 crore) for specialized drone consultancy services from American Blast Systems (ABS), California, USA. Suven Pharmaceuticals Industries (SPL) fell 1.19%. The drug maker's consolidated net profit increased 3.34% to Rs 82.21 crore on 11.54% rise in revenue from operations to Rs 257.72 crore in Q2 FY25 over Q2 FY24. Nazara Technologies rose 1.05% after the company announced its integration with the Open Network for Digital Commerce (ONDC) to launch gCommerce. Global Markets: Most of the European stocks declined as investors looking ahead for October's inflation data of the U.S., a key factor when it comes to the Federal Reserve's decision to cut or maintain interest rates. Asian stocks traded mixed on Wednesday as investors are growing cautious ahead of crucial U.S. inflation data. Asian traders assessed corporate goods data out of Japan, which showed year-on-year producer price growth, or wholesale inflation, in October reached its highest since July last year at 3.4%. China's recent fiscal measures failed to significantly boost regional markets, while uncertainty surrounding global trade relations continues to dampen sentiment. Wall Street benchmarks retreated from record highs on Tuesday after a strong post-election run. At the close in NYSE, the Dow Jones Industrial Average lost 0.86%, while the S&P 500 index fell 0.29%, and the NASDAQ Composite index declined 0.09%. Key Federal Reserve officials' hawkish comments, particularly Minneapolis Fed President Neel Kashkari's warning about potential rate hikes, added to the negative sentiment. Investors are now focused on the upcoming U.S. consumer price index (CPI) data due later on Wednesday, which is expected to reveal persistent inflation in October.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
FSN E-Commerce Ventures allots 1.80 lakh equity shares under ESOP

FSN E-Commerce Ventures on 12 November 2024 has allotted 1,80,950 equity shares under ESOP. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
Nykaa jumps after Q2 PAT climbs 66% YoY to Rs 13 cr

Profit before tax (PBT) jumped 60.33% YoY to Rs 21.26 crore during the quarter. EBITDA grew 29% to Rs 103.7 crore during the quarter as compared with Rs 80.6 crore in Q2 FY24. EBITDA margin rose by 18 bps to Rs 5.5% in Q2 FY25 as against 5.4% in Q2 FY24. During the quarter, consolidated GMV grew 24% YoY to Rs 3,652.5 crore. The beauty vertical recorded a 29% YoY GMV growth, reaching Rs 2,783.3 crore in Q2 FY2025. This was fuelled by new customer acquisition growth of 31% YoY, bringing Nykaa's cumulative beauty customer base to 30 million. The company now operates India's largest beauty retail network of 210 physical stores spanning 72 cities. There was around 25% YoY growth in retail space, including two new flagship stores launched in Mumbai and Delhi. The company's beauty-owned brands reported 48% YoY GMV growth in Q2 FY2025, reaching Rs 360.2 crore. It recently expanded its ownership stake in Dot & Key and Earth Rhythm and also expanded its innovative and industry-leading product portfolio in Kay Beauty, Nykaa Cosmetics, Wanderlust and more, driving significant growth in the quarter. Nykaa's distribution business Superstore by Nykaa continues to see strong GMV growth of 80% YoY as it continues to expand its operations across the country. Nykaa Fashion witnessed a healthy revenue growth of 22% YoY in Q2 FY25. GMV grew 10% YoY, with 'First in Fashion', representing new season sales, growing 26% YoY showcasing strong demand in targeted segments. Meanwhile, the company's step-down subsidiary, Nessa International Holdings has incorporated a new Wholly Owned Subsidiary in Jebel Ali Free Zone, Dubai, United Arab Emirates by the name 'Nysaa Distribution FZE, a Free Zone Establishment with limited liability. Nykaa (FSN E-Commerce) is one of India's leading lifestyle-focused consumer technologies platforms. Since its launch, Nykaa expanded its product categories by introducing online platforms Nykaa Fashion, Nykaa Man, and Superstore. Delivering a comprehensive omnichannel e-commerce experience, Nykaa offers over 6,000 brands through its website and mobile applications.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Earnings
FSN E-Commerce Ventures consolidated net profit rises 71.62% in the September 2024 quarter

Net profit of FSN E-Commerce Ventures rose 71.62% to Rs 10.04 crore in the quarter ended September 2024 as against Rs 5.85 crore during the previous quarter ended September 2023. Sales rose 24.40% to Rs 1874.74 crore in the quarter ended September 2024 as against Rs 1507.02 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1874.741507.02 24 OPM %5.535.35 - PBDT84.8867.89 25 PBT21.2613.26 60 NP10.045.85 72 Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
FSN E-Commerce Ventures to convene board meeting

FSN E-Commerce Ventures will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
FSN E-Commerce Ventures announces incorporation of subsidiary in Saudi Arabia

Nessa International Holdings, a step down subsidiary of FSN E-Commerce Ventures, has incorporated a new Wholly Owned Subsidiary in Kingdom of Saudi Arabia by the name 'Nysaa Trading LLC', a Limited Liability Company.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
FSN E-Commerce Ventures to conduct AGM

FSN E-Commerce Ventures announced that the 12th Annual General Meeting (AGM) of the company will be held on 18 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
Volumes jump at FSN E-Commerce Ventures Ltd counter

Ambuja Cements Ltd, Vardhman Textiles Ltd, Minda Corporation Ltd, Prism Johnson Ltd are among the other stocks to see a surge in volumes on BSE today, 23 August 2024.FSN E-Commerce Ventures Ltd saw volume of 426.04 lakh shares by 10:46 IST on BSE, a 44.02 fold spurt over two-week average daily volume of 9.68 lakh shares. The stock increased 5.77% to Rs.222.55. Volumes stood at 14.97 lakh shares in the last session.Ambuja Cements Ltd notched up volume of 5.24 lakh shares by 10:46 IST on BSE, a 6.4 fold spurt over two-week average daily volume of 81822 shares. The stock rose 1.16% to Rs.640.25. Volumes stood at 98564 shares in the last session.Vardhman Textiles Ltd registered volume of 1.04 lakh shares by 10:46 IST on BSE, a 5.84 fold spurt over two-week average daily volume of 17758 shares. The stock rose 4.23% to Rs.507.75. Volumes stood at 22149 shares in the last session.Minda Corporation Ltd registered volume of 54537 shares by 10:46 IST on BSE, a 3.59 fold spurt over two-week average daily volume of 15208 shares. The stock rose 5.80% to Rs.569.15. Volumes stood at 17573 shares in the last session.Prism Johnson Ltd clocked volume of 67397 shares by 10:46 IST on BSE, a 3.32 times surge over two-week average daily volume of 20298 shares. The stock gained 2.72% to Rs.165.90. Volumes stood at 10287 shares in the last session.Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
Nykaa gains as Q1 PAT soars to Rs 14 cr

Nykaa said that its profitability continues to improve with PAT growth of 150% YoY, with impact of depreciation and lease cost impact moderating versus financial year 2023. Revenue from operations grew at a healthy pace of 23% year on year to Rs 1,746.11 crore in Q1 FY25, in line with last 2 year CAGR. Profit before tax soared to Rs 22.08 crore during the quarter from Rs 9.71 crore posted in Q1 FY24. EBITDA stood at Rs 96.1 crore in Q1 FY25, registering a growth of 31% on YoY basis. EBITDA margin increased 34 bps to 5.5% in the June quarter as against 5.2% reported in Q1 FY24. During the quarter, consolidated gross merchandise value (GMV) grew 25% YoY to Rs 3,320.9 crore on the back of strong performance in Beauty, where GMV was up 28% YoY, while Fashion performance continued to be resilient in a muted demand environment. In Beauty segment, Beauty GMV showed a strong growth of 28% YoY in Q1 FY25, in line with long term beauty industry growth trajectory. This performance was result of accelerated customer acquisition, up 27% YoY, driving healthy order volume growth. The quarter also witnessed significant IP activations, including our flagship Pink Summer Sale. Nykaa stated that it has achieved 200 store milestone in July 2024, further cementing its position as India's largest specialized beauty retailer spanning 72 cities. The company has rolled out 11 stores in Q1 FY25 including 3 Luxe stores, 5 On-trend stores and 3 Owned Brand Kioks. The firm's Beauty owned brands had another successful quarter with strong growth of 47% YoY. Superstore by Nykaa witnessed strong GMV growth of 72% YoY in FY2024. The distribution business has achieved scale with improving profitability as contribution margin (as a % to NSV) improved 520 bps YoY, from -18.5% in Q1 FY2024 to -13.3% in Q1 FY2025. This is supported by several initiatives to improve gross margins, and optimization of fulfilment and selling & distribution expenses, it added. Nykaa Fashion delivered a healthy GMV growth of 15% YoY. This was a result of high growth across our core categories of women's western wear, up 34% YoY as well as ramping up of emerging categories like lingerie and athleisure, which delivered strong GMV growth of 54% YoY and 110% YoY respectively. Fashion revenue growth was higher than GMV growth at 21% YoY, led by lower returns and cancellations and higher marketing and other services related income. Gross margins improved significantly to 49.4% as of % of NSV as against 45.8% a year ago, with increased content and other marketing income. There is increased efficiency in Fulfilment through several optimization interventions and marketing expenses (as a % of NSV) continue to improve with increasing repeat customer mix. As a result, EBITDA margins improved by 492 bps in Q1 FY25 standing at -9.2% v/s -14.1% in Q1 FY24, said Nykaa. Meanwhile, the company announced that its board has approved to increase its existing majority stake of 51% in Dot & Key to 90% by acquiring the additional stake of 39% for a consideration amount of Rs 265.3 crore. The company will be acquiring 5,29,286 equity shares of Dot & Key from the promoters/ existing shareholders of Dot & Key. Further, the board has also approved to acquire additional stake in Earth Rhythm for a consideration amount of Rs 44.5 crore. The company will be acquiring up to 57,302 equity shares and 12,226 warrants of Earth Rhythm through Primary and Secondary acquisition thereby resulting in Earth Rhythm becoming subsidiary of the company. Both the aforementioned acquisitions are expected to be completed by 30 September 2024. Nykaa (FSN E-Commerce) is one of India's leading lifestyle-focused consumer technologies platforms. Since its launch, Nykaa expanded its product categories by introducing online platforms Nykaa Fashion, Nykaa Man, and Superstore. Delivering a comprehensive omnichannel e-commerce experience, Nykaa offers over 6,000 brands through its website and mobile applications.Powered by Capital Market - Live

3 months agoCapital Market - Live
Live Market Update
Broader market underperforms; metal shares slide

The key equity indices traded in with small gains in mid-morning trade. The Nifty hovers above the 24,100 level. Metal shares extended losses for the second consecutive trading session. At 11:27 IST, the barometer index, the S&P BSE Sensex, was up 89.63 points or 0.12% to 79,045.66. The Nifty 50 index added 7.15 points or 0.03% to 24,146.15. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index shed 0.71% and the S&P BSE Small-Cap declined 0.96%. The market breadth was weak. On the BSE, 1,315 shares rose and 2,404 shares fell. A total of 129 shares were unchanged. Due to the observance of Independence Day on Thursday, 15 August 2024, the domestic market will be closed. Consequently, the Nifty weekly options expiry has been shifted to today. Economy : The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 2.04% (Provisional) for the month of July, 2024 (over July, 2023). Positive rate of inflation in July, 2024 is primarily due to increase in prices of food articles, manufacture of food products, mineral oils, crude petroleum & natural gas, other manufacturing etc. The month over month change in WPI index for the month of July, 2024 stood at 0.84% as compared to June, 2024. Primary Articles index increased by 3.13% to 197.6 (provisional) in July, 2024 from 191.6 (provisional) for the month of June, 2024. Prices of food articles (3.90%), crude petroleum & natural gas (1.22%), minerals (1.01%) and non-food articles (0.90%) increased in July, 2024 as compared to June, 2024. Fuel & Power index increased by 0.14% to 147.9 (provisional) in July, 2024 from 147.7(provisional) for the month of June, 2024. Prices of mineral oils (1.09%) increased in July, 2024 as compared to June, 2024. Manufactured Products index declined by 0.14% to 141.7 (provisional) in July, 2024 from 141.9(provisional) for the month of June, 2024. WPI Food Index or the Food Index consisting of 'food articles' from primary articles group and 'food product' from manufactured products group increased from 190.3 in June, 2024 to 195.4 in July, 2024. The rate of inflation (Y-o-Y) based on WPI Food Index decreased from 8.68% in June, 2024 to 3.55% in July, 2024. IPO update: The initial public offer (IPO) of Saraswati Saree Depot received 26,74,03,680 bids for shares as against 100,00,800 shares on offer, according to stock exchange data at 11:15 IST on Wednesday (14 August 2024). The issue was subscribed 26.74 times. The issue opened for bidding on 12 August 2024 and it will close on 14 August 2024. The price band of the IPO was fixed at Rs 152 to 160 per share. Buzzing Index: The Nifty Metal index slipped 1.64% to 8,810.55. The index fell 3.24% for the second consecutive trading session. NMDC (down 4.99%), Hindustan Copper (down 4.7%), Ratnamani Metals & Tubes (down 3.89%), Tata Steel (down 3.85%), Hindustan Zinc (down 3.28%), Welspun Corp (down 2.36%), JSW Steel (down 2.31%), Vedanta (down 2.15%), Steel Authority of India (down 1.72%) and Adani Enterprises (down 1.54%) declined. Stocks in spotlight: FSN E-commerce Ventures(Nykaa) advanced 2.04% after the company's consolidated net profit jumped 49% to Rs 13.6 crore in Q1 FY25 as compared with Rs 9.1 crore in Q1 FY24. Revenue increased 4.7% YoY to Rs 1,746.11 crore during the quarter. Texmaco Rail & Engineering slipped 3.46%. The company's consolidated net profit surged to Rs 70.44 crore in Q1 FY25 as compared with Rs 20.15 crore in Q1 FY24. Revenue increased 36% YoY to Rs 891.71 crore in Q1 FY25. Piramal Enterprises tumbled 10.29%. The company's consolidated net profit jumped 64% to Rs 181 crore during the quarter as compared with Rs 509 crore posted in corresponding quarter last year. Total income declined 26% YoY to Rs 2,145 crore in Q1 FY25. Global Markets: Most Asian stocks advanced on Wednesday, buoyed by Wall Street's rally following upbeat US inflation data. This strengthened expectations that the Federal Reserve could initiate monetary easing as early as September. New Zealand's dollar tumbled after the central bank unexpectedly cut interest rates by 25 basis points to 5.25%. Chinese equities declined as data revealed a contraction in bank loans to the real economy for the first time in 19 years. Investors are eagerly awaiting earnings results from Tencent Holdings and details of its planned share buyback. US stocks surged on Tuesday, nearing recent record highs, after a milder-than-expected producer price index (PPI) report. The Dow Jones Industrial Average gained 1.04%, the Nasdaq Composite jumped 2.43%, and the S&P 500 climbed 1.68%. The PPI, a measure of wholesale inflation, rose 0.1% last month. This data buoyed investor sentiment ahead of Wednesday's more closely watched consumer price index (CPI) report, which is expected to show a modest increase of 0.2% month-over-month.Powered by Capital Market - Live

3 months agoCapital Market - Live