



Retailing | Mid Cap
FSN E-Commerce Ventures, operating in the consumer services sector, showcases a mixed financial landscape. The company demonstrates strong solvency, indicating a solid financial foundation with a high equity ratio. Growth prospects are also promising, driven by substantial increases in operating profit, EPS, asset, and net income. Profitability metrics, such as ROCE and ROA, reflect effective capital and asset utilization. However, liquidity is a concern due to low current, quick, and cash ratios. Efficiency ratios also present challenges, with low turnover rates. The company's coverage ratios are mixed, with interest coverage being average but equity dividend coverage being low. Overall, while the company exhibits robust growth and profitability, it needs to address its liquidity and efficiency to ensure long-term financial health and stability.
FSN E-Commerce Ventures, operating in the consumer services sector, showcases a mixed financial landscape. The company demonstrates strong solvency, indicating a solid financial foundation with a high equity ratio. Growth prospects are also promising, driven by substantial increases in operating profit, EPS, asset, and net income. Profitability metrics, such as ROCE and ROA, reflect effective capital and asset utilization. However, liquidity is a concern due to low current, quick, and cash ratios. Efficiency ratios also present challenges, with low turnover rates. The company's coverage ratios are mixed, with interest coverage being average but equity dividend coverage being low. Overall, while the company exhibits robust growth and profitability, it needs to address its liquidity and efficiency to ensure long-term financial health and stability.
Overall Valuation Score
Markets Depth NSE
Buy Orders
Bid
Quantity
Orders
No buy depth
Total
0
0
Sell Orders
Ask
Quantity
Orders
No sell depth
Total
0
0
Markets Today NSE
High
0.00
Low
0.00
Open
0.00
Close
0.00
Prev Close
0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
Today's High: 0.00
P/E RATIO (TTM)
1091.94
Industry Median
31.41
Mid Cap Median
60.64
P/E RATIO
483.57
P/B RATIO
67.43
Industry Median
3.31
Mid Cap Median
4.14
P/S RATIO
9.44
Industry Median
4.14
Mid Cap Median
9.44
Others
PEG RATIO
0.00
EV/EBITDA RATIO
123.57
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹338.5 as on Sep 1, 2026.
The company demonstrates excellent growth across multiple dimensions. Significant increases in operating profit, EPS, asset, and net income indicate strong business performance and market expansion. The company's ability to sustain this growth trajectory will be critical for long-term success. The weighted average calculation confirms the robustness of the company's growth over the recent years.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 54.61 | 36.3 | 24.14 | 24.49 | 26.06 |
| Operating Profit Growth Rate | 3.8 | 56.71 | 35.02 | 36.89 | 58.32 |
| Earnings Per Share (EPS) Growth | -97.95 | -50 | 57.14 | 109.09 | 204.35 |
| Asset Growth Rate | 103.23 | 11.49 | 15.29 | 17.02 | 15.85 |
| Net Income Growth Rate | -33.87 | -48.78 | 90.48 | 80 | 183.33 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Info Edge (India) Ltd | 7.26 | 60.64 | Neutral | 1172.00 | 85.37 | 1763.00 |
| 2 | FSN E-Commerce Ventures Ltd | 5.65 | 483.57 | Neutral | 752.00 | 0.31 | 204.00 |
| 3 | Swiggy Ltd | 5.25 | -18.27 | Neutral | -3235.00 | 1.51 | -4154.00 |
0 Credits RemainingUnlock Deep Technical Insights in Seconds Only with Dhanarthi AI
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 1 Technical Indicators From The 1 Hour Timeframe
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
Concall Report⬤7th Nov 25
Q2 FY26 Earnings Conference Call
BULLISH SENTIMENT
No Stock News Available at This Moment.
FSN E-Commerce Ventures Ltd, operating under the brand Nykaa, is a leading Indian multi-brand beauty, personal care, fashion, and wellness platform. It offers a vast portfolio of products across its online channels (Nykaa.com, Nykaa Fashion) and a growing network of physical stores, catering to diverse consumer needs.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. FSN E-Commerce Ventures Ltd's P/E ratio (TTM) is 1091.94, compared to the industry median of 31.41 and large cap median of 60.64.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. FSN E-Commerce Ventures Ltd's P/B ratio is 67.43, compared to the industry median of 3.31 and large cap median of 4.14.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. FSN E-Commerce Ventures Ltd's P/S ratio is 9.44, compared to the industry median of 4.14 and large cap median of 9.44.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. FSN E-Commerce Ventures Ltd's PEG ratio is 2.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. FSN E-Commerce Ventures Ltd's EV/EBITDA ratio is 123.57.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. FSN E-Commerce Ventures Ltd's ROE is 14.19%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. FSN E-Commerce Ventures Ltd's ROA is 16.31%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. FSN E-Commerce Ventures Ltd's ROCE is 17%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. FSN E-Commerce Ventures Ltd's operating margin is 7.50%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. FSN E-Commerce Ventures Ltd's net margin is 2.04%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. FSN E-Commerce Ventures Ltd's current ratio is 1.35.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. FSN E-Commerce Ventures Ltd's debt-to-equity ratio is 0.35.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. FSN E-Commerce Ventures Ltd's interest coverage ratio is 3.82.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. FSN E-Commerce Ventures Ltd's DPS is ₹0.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. FSN E-Commerce Ventures Ltd's EPS is 204.35.
(Source line: "Ratios as of 26 Oct 2026, based on last traded price of ₹338.50. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 2012
Headquarters: Mumbai, Maharashtra
Core Offerings: Beauty & Personal Care (BPC), Fashion, Wellness, Consumer Brands, E-commerce Logistics
Stock Listing: NSE (NYKAA), BSE (543384)
Promoter: Falguni Nayar & Family
Founded in 2012 by former investment banker Falguni Nayar, Nykaa began as an online-only multi-brand retailer for beauty and personal care products. The company rapidly expanded its product offerings and launched its fashion arm, Nykaa Fashion, in 2018. In November 2021, FSN E-Commerce Ventures Ltd successfully listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) through a highly anticipated Initial Public Offering (IPO), solidifying its position as a prominent player in India's e-commerce landscape.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Beauty & Personal Care (BPC) | 85% (approx. FY24 GMV) | Higher margin contributor |
| Fashion | 15% (approx. FY24 GMV) | Lower margin, growing |
Beauty & Personal Care (BPC): This segment is the core business, offering a comprehensive range of makeup, skincare, haircare, fragrances, and bath & body products from both Indian and international brands through its online platforms and Nykaa Luxe/On Trend stores.
Fashion: Operating under Nykaa Fashion, this segment provides apparel, accessories, footwear, and jewellery across various categories, featuring both established and emerging designer labels.
Owned Brands: Nykaa also develops and markets its own private label brands across BPC (e.g., Nykaa Cosmetics, Kay Beauty, Dot & Key) and Fashion (e.g., Nykd by Nykaa, Pipa Bella, RSVP), leveraging its deep understanding of consumer preferences.
Wellness: The company has also ventured into the wellness space, offering health supplements and related products.
Falguni Nayar: Founder, Executive Chairperson, Managing Director & CEO. A former investment banker with over 20 years of experience, she founded Nykaa in 2012, transforming it into a leading beauty and fashion retailer.
Nykaa E-Retail Private Limited (Online BPC sales)
Nykaa Fashion Private Limited (Online Fashion sales)
FSN Brands Marketing Private Limited (Development of own brands)
Dot & Key Wellness Private Limited (Acquired wellness brand)
Nudge Wellness Private Limited (Developing health and wellness products)
Initial Public Offering (IPO) in November 2021. Bonus Issue of Equity Shares in 1:5 ratio (1 new share for every 5 held) in November 2022.
The FSN E-Commerce Ventures Ltd share price today is ₹338.50 on NSE (NYKAA), as of 26 Oct 2026.
As of 26 Oct 2026, FSN E-Commerce Ventures Ltd share price is ₹338.50, with previous close ₹338.50. Today's range is ₹338.50 to ₹338.50. The 52-week range is ₹N/A to ₹N/A.
As of today, FSN E-Commerce Ventures Ltd's market cap is ₹94,587.06 crore (Large Cap).
FSN E-Commerce Ventures Ltd's current P/E ratio is 1091.94, compared to the RETAILING sector average of 90.
FSN E-Commerce Ventures Ltd's current P/B ratio is 67.43.
FSN E-Commerce Ventures Ltd's current dividend yield is N/A. Last dividend of ₹0.00 per share was declared on N/A.
FSN E-Commerce Ventures Ltd's EPS (TTM) is ₹204.35.
FSN E-Commerce Ventures Ltd, operating under the brand Nykaa, is a leading Indian multi-brand beauty, personal care, fashion, and wellness platform. It offers a vast portfolio of products across its online channels (Nykaa.com, Nykaa Fashion) and a growing network of physical stores, catering to diverse consumer needs.
FSN E-Commerce Ventures Ltd is promoted by Falguni Nayar & Family, holding 52.09% as of 26 Oct 2026.
FSN E-Commerce Ventures Ltd is listed on NSE (NYKAA) and BSE (543384). Its next quarterly results are expected on August 2024 (for Q1 FY25).