NYKAA · NSE
FSN E-Commerce Ventures Limited
₹332.15
+2.59% (+₹8.4)
Prev. close
₹323.75
Volume
44,24,240
Delivery %
67.5%
As of
18 Sept 2026
Price history
Amol Athawale · Kotak Securities · 20 Aug 2026
“Bullish on FSN E-Commerce Ventures (Nykaa) for the next few trading sessions, targeting ₹350 with a trend decider level at ₹315. After a remarkable up move, the stock has been consolidating, suggesting a bullish continuation. It comfortably closed above its short-term moving average, indicating a likely resumption of its uptrend.”
Analyst sentiment
Analysts lean bullish
7 analyst stances · last 90 days · one per analyst
Trackable
6 · 5 bull / 1 neutral / 0 bear
Long-Horizon
none in window
Commentary
1 · 1 bull / 0 neutral / 0 bear
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Retained 'Buy' rating on Nykaa and raised confidence in its long-term growth trajectory, assigning the highest Street ta…” | Nomura AnalysisNomura Global Markets Research | Nykaa | PENDING | |
| “Reiterated 'Buy' rating on Nykaa with a target price of ₹400, describing the quarter as a strong beat across key metrics…” | Jefferies AnalysisJefferies | Nykaa | PENDING | |
| “Reiterated 'Outperform' rating on Nykaa with a target price of ₹376, noting that revenue growth and EBITDA exceeded expe…” | CLSA AnalysisCLSA | Nykaa | PENDING | |
| “Maintained 'Buy' rating on Nykaa with a target price of ₹380, citing robust GMV growth in both beauty and fashion, conti…” | HSBC AnalysisHSBC | Nykaa | PENDING | |
| “Maintained 'Neutral' call on Nykaa, while raising its target price to ₹370. Motilal Oswal noted that premiumization in b…” | Motilal Oswal AnalysisMotilal Oswal Financial Services | Nykaa | PENDING | |
| “Maintained 'Buy' rating on Nykaa, raising its target price to ₹411 from ₹343, implying nearly 20% upside. Nomura expects…” | Nomura AnalysisNomura Global Markets Research | Nykaa | PENDING | |
| “Maintained 'Buy' call on Nykaa, increasing its target price to ₹414 from ₹351, implying 21% upside. Nuvama noted Nykaa's…” | Nuvama AnalysisNuvama Alternative & Quantitative Research | Nykaa | PENDING |
Market commentary · 3 · levels, conditionals, previews, macro & hedged views — context, not graded
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Bullish on FSN E-Commerce Ventures (Nykaa) for the next few trading sessions, targeting ₹350 with a trend decider level …” | Amol AthawaleKotak Securities | FSN E-Commerce Ventures (Nykaa) | HIT | ||||
“Bullish on FSN E-Commerce Ventures (Nykaa) for the next few trading sessions, targeting ₹350 with a trend decider level at ₹315. After a remarkable up move, the stock has been consolidating, suggesting a bullish continuation. It comfortably closed above its short-term moving average, indicating a likely resumption of its uptrend.” How it resolved: FSN E-Commerce Ventures (Nykaa) rose from ₹330.35 to ₹341.85, a +3.48% increase, confirming the bullish outlook (10 Sept 2026) | |||||||
| “Bullish on FSN E-Commerce Ventures (Nykaa) for the next 1-2 weeks, targeting ₹335 with a decisive level at ₹313. The sto…” | Amol AthawaleKotak Securities | FSN E-Commerce Ventures (Nykaa) | NOT GRADED | ||||
| “Nomura expects Nykaa's Ebitda margin to improve from 7.5% in FY26 to an estimated 8.9% in FY27 and 10% in FY28, serving …” | Nomura AnalysisNomura Global Markets Research | FSN E-Commerce Ventures (Nykaa) | HIT | ||||
Fundamentals
About FSN E-Commerce Ventures Limited
FSN E-Commerce Ventures Limited, through its subsidiaries, manufactures, sells, and distributes beauty and lifestyle products in India and internationally. It operates through three segments: Beauty, Fashion, and Others. The company offers makeup for face, eyes, lips, and nails, as well as makeup palettes and tools and brushes; body, eye lip, sun, and hands and feet care products, as well as moisturizers, serums, cleansers, masks, toners, skin tools and supplements, neck creams, Korean beauty products, and specialized skincare; hair care and styling products, as well as tools and accessories; appliances; bath and shower, feminine hygiene, female and male grooming products, hygiene essentials, and oral care; and natural products. It also provides diaper essentials, baby accessories and hygiene, nursing and feeding items, and products for moms; health and wellness, including beauty boosters, daily nutrition, mind and mood, fitness and recovery, intimate wellness, herbal and ayurvedic, and women's health products; men essentials; fragrances; and lingerie, watches, sunglasses, bags, footwear, jewellery, and home essentials. In addition, the company offers marketing support services. It sells its products under various brand names through online portals or websites, such as e-commerce, m-commerce, internet, and intranet, as well as physical stores, stalls, and general and modern trade. The company was incorporated in 2012 and is based in Mumbai, India.
Details
Sector
Consumer Cyclical
Industry
Internet Retail
CEO
Ms. Falguni Sanjay Nayar
Headquarters
Mumbai
Employees
2,028
Website
nykaa.comExchange
View on NSE ↗Key stats
Market cap
₹92,763.14 Cr
P/E ratio (TTM)
355.8
EPS (TTM)
₹0.91
Beta (1Y · daily vs NIFTY 50)
1.01
Beta (5Y · monthly vs NIFTY 50)
1.34
Shares float
121.34 Cr
EPS · quarter ended Jun 2026
₹0.28
Upcoming earnings
05 Nov 2026
Financial Performance
01 · Financials
FY22 growth needs FY21 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ₹3,773.94 Cr | ₹5,143.80 Cr | ₹6,385.63 Cr | ₹7,949.82 Cr | ₹10,022.35 Cr | |
| EBITDA | ₹190.23 Cr | ₹286.26 Cr | ₹376.09 Cr | ₹501.17 Cr | ₹767.68 Cr |
| ₹41.29 Cr | ₹19.26 Cr | ₹32.27 Cr | ₹66.08 Cr | ₹199.44 Cr | |
| Diluted EPS | ₹0.15 | ₹0.07 | ₹0.11 | ₹0.23 | ₹0.7 |
09 · Balance Sheet
Annual
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| — | ₹2,949.98 Cr | ₹3,400.63 Cr | ₹3,979.53 Cr | ₹4,611.38 Cr | |
| — | ₹798.49 Cr | ₹969.48 Cr | ₹1,320.59 Cr | ₹1,237.81 Cr | |
| Stockholders' equity | — | ₹1,378.01 Cr | ₹1,262.23 Cr | ₹1,301.28 Cr | ₹1,437.98 Cr |
Total assets, Current assets, Inventory, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ₹-353.96 Cr | ₹-140.24 Cr | ₹25.10 L | ₹466.63 Cr | ₹644.30 Cr | |
| Investing cash flow | ₹-602.79 Cr | ₹139.58 Cr | ₹-10.11 Cr | ₹-205.43 Cr | ₹-158.94 Cr |
| ₹927.01 Cr | ₹4.87 Cr | ₹44.26 Cr | ₹-212.04 Cr | ₹-433.10 Cr | |
| Capital expenditure | ₹-93.97 Cr | ₹-208.16 Cr | ₹-110.73 Cr | ₹-127.22 Cr | ₹-153.87 Cr |
| End cash position | ₹37.17 Cr | ₹41.38 Cr | ₹75.78 Cr | ₹124.94 Cr | ₹177.20 Cr |
Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Nov 21–Dec 21(2Q) | Mar 22 | Jun 22 | Sep 22 | Nov 22 | Dec 22 | Mar 23–Jun 23(2Q) | Sep 23 | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24–Mar 25(2Q) | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 52.56% | 52.43% | 52.41% | 52.38% | 52.36% | 52.34% | 52.28% | 52.26% | 52.24% | 52.22% | 52.20% | 52.18% | 52.16% | 52.14% | 52.12% | 52.10% | 52.09% | 52.08% |
| Public | 47.44% | 47.57% | 47.59% | 47.62% | 47.64% | 47.66% | 47.72% | 47.74% | 47.76% | 47.78% | 47.80% | 47.82% | 47.84% | 47.86% | 47.88% | 47.90% | 47.91% | 47.92% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Consumer Cyclical
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Titan Company Limited | ₹4.36 L Cr | ₹4,841 | 75.4 | 27.74 | 32.3% | 1.95 | +44.8% | +37.4% |
| Maruti Suzuki India Limited | ₹3.88 L Cr | ₹12,103 | 27.0 | 3.62 | 13.7% | 0.00 | +20.1% | -23.5% |
| Mahindra & Mahindra Limited | ₹3.69 L Cr | ₹3,076.5 | 18.7 | 3.96 | 18.4% | 1.44 | +24.1% | -15.3% |
| Bajaj Auto Limited | ₹3.18 L Cr | ₹11,500 | 27.6 | 8.20 | 27.7% | 0.58 | +22.6% | +26.6% |
| ETERNAL LIMITED | ₹2.97 L Cr | ₹326.85 | 671.6 | 9.58 | 1.2% | 0.15 | +168.6% | -3.3% |
| Eicher Motors Limited | ₹2.06 L Cr | ₹7,516 | 35.7 | 8.20 | 22.0% | 0.02 | +23.9% | +8.5% |
| TVS Motor Company Limited | ₹1.95 L Cr | ₹4,171.3 | 55.9 | 20.38 | 31.6% | 3.43 | +29.2% | +17.6% |
| Hyundai Motor India Limited | ₹1.74 L Cr | ₹2,155 | 35.7 | 8.69 | 27.1% | 0.05 | +2.1% | -17.2% |
| Samvardhana Motherson International Limited | ₹1.70 L Cr | ₹162.57 | 38.9 | 4.16 | 9.4% | 0.47 | +11.1% | +49.2% |
| Tata Motors Limited | ₹1.63 L Cr | ₹442.9 | 37.9 | 12.81 | 23.8% | 0.44 | +44.3% | — |
| Trent Limited | ₹1.49 L Cr | ₹2,824 | 82.0 | 21.29 | 24.6% | 0.37 | +17.6% | -45.1% |
| FSN E-Commerce Ventures Limited | ₹92,763.14 Cr | ₹332.15 | 355.8 | 64.51 | 13.9% | 0.86 | +25.9% | +35.1% |
Ranked by market cap within Consumer Cyclical, same metrics as the Fundamentals screener. Click a column to sort.
Documents
IPO documents
Annual reports
Concall transcripts
Show all 12
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
21 indices
Weight is a free-float market-cap-share estimate from NSE’s live index data, not NSE’s own published (and sometimes capped) index weight. Indices without a live weight feed are listed without one, in alphabetical order after the weighted ones.
FSN E-Commerce Ventures (NYKAA) Share Price Falls 3.3% Today
FSN E-Commerce Ventures (NYKAA) shares fell 3.3% to Rs 326.85 today, resulting in a market capitalization of Rs 98,302.6 crore. The decline occurred without a clear company-specific catalyst, though the stock's valuation ratios remain elevated compared to industry benchmarks. The company operates in the e-commerce industry within the retailing sector.