Consumer Services · NIFTY 500

FSN E-Commerce Ventures Limited

NSENYKAA BSE543384 ISININE388Y01029 SeriesEQ Listed on NSE · BSE

₹360.30 +3.50 (+0.98%) Updated 12 Nov, 8:49 pm IST

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Price, daily close+40.73% in a year

Today

Open: ₹354.60
Prev close: ₹356.80
Day high: ₹361.45
Day low: ₹352.50
Volume: 47.76 L
Value traded: ₹171.20 Cr
Upper circuit: ₹369.40
Lower circuit: ₹347.90
52W high: ₹363.40
52W low: ₹232.00
1 month: +6.23%
6 months: +30.62%

52W low52W high

Ratios

Key numbers

Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.

Market cap₹103,201 Cr

P/E (TTM)321.70

P/B62.36

Book value / share₹5.78

EPS (TTM)₹1.12

ROE19.5%

Dividend yield—

Dividend (12m)—

Net margin (TTM)2.9%

Operating margin8.7%

Debt / equity0.60

Current ratio1.20

EV / EBITDA111.25

Sales growth (YoY qtr)+28.14%

Profit growth (YoY qtr)+192.80%

Sales CAGR 3Y+24.90%

Profit CAGR 3Y+117.96%

Shares286.43 Cr

Quarterly results

Results for each quarter

Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.

Revenue and net profit

1,78916.2

Dec 23

1,6686.9

Mar 24

1,7469.6

Jun 24

1,87510.0

Sep 24

2,26726.1

Dec 24

2,06220.3

Mar 25

2,15523.3

Jun 25

2,34634.4

Sep 25

2,87363.3

Dec 25

2,64878.4

Mar 26

2,78280.0

Jun 26

3,006101

Sep 26

Revenue · QoQ (vs last quarter)

—-6.8%+4.7%+7.4%+21%-9.1%+4.5%+8.9%+22%-7.8%+5.1%+8.1%

Revenue · YoY (vs a year ago)

————+27%+24%+23%+25%+27%+28%+29%+28%

Net profit · QoQ (vs last quarter)

—-57%+39%+4.1%+160%-22%+15%+48%+84%+24%+2.1%+26%

Net profit · YoY (vs a year ago)

————+61%+193%+142%+243%+142%+286%+243%+193%

RevenueNet profitLine = trend

0.06

Dec 23

0.02

Mar 24

0.03

Jun 24

0.04

Sep 24

0.09

Dec 24

0.07

Mar 25

0.08

Jun 25

0.12

Sep 25

0.22

Dec 25

0.27

Mar 26

0.28

Jun 26

0.35

Sep 26

EPS (₹) · YoY (vs a year ago)

————+50%+250%+167%+200%+144%+286%+250%+192%

EPS (₹)Line = trend

₹ Cr	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
Revenue	1,789	1,668	1,746	1,875	2,267	2,062	2,155	2,346	2,873	2,648	2,782	3,006
Other income	7.6	7.1	7.3	5.5	5.5	9.0	9.3	8.0	6.3	9.2	9.3	9.5
Total income	1,796	1,675	1,753	1,880	2,273	2,071	2,164	2,354	2,880	2,657	2,791	3,016
Raw material	23.5	7.5	2.6	1.5	2.8	1.3	3.3	0.3	2.2	8.7	4.1	5.9
Purchases	1,232	1,018	1,172	1,086	1,285	1,140	1,444	1,197	1,505	1,573	1,758	1,925
Employee cost	148	142	156	161	175	174	182	183	203	204	225	220
Other expenses	514	475	504	556	676	602	639	712	865	777	815	899
Total expenses	1,770	1,655	1,731	1,859	2,228	2,031	2,121	2,298	2,754	2,536	2,662	2,867
Operating profit	98.8	93.3	96.1	104	141	133	141	158	213	223	236	263
OPM %	5.5%	5.6%	5.5%	5.5%	6.2%	6.5%	6.5%	6.7%	7.4%	8.4%	8.5%	8.7%
Finance cost	21.8	21.1	21.3	24.2	31.9	29.9	30.2	31.5	29.2	26.3	26.7	30.5
Depreciation	58.0	59.6	60.1	63.6	69.8	72.9	76.1	79.1	80.9	84.2	89.5	93.1
Exceptional items	—	—	—	—	—	—	—	-1.0	-16.4	—	—	—
Profit before tax	26.5	19.6	22.1	21.3	44.6	39.6	43.7	55.4	110	122	129	149
Tax	8.3	9.8	7.8	7.8	17.6	20.5	19.2	22.4	41.9	42.8	49.4	47.3
Net profit	17.5	9.1	13.6	13.0	26.4	19.1	24.5	33.0	67.7	78.8	79.8	101
Profit to shareholders	16.2	6.9	9.6	10.0	26.1	20.3	23.3	34.4	63.3	78.4	80.0	101
EPS (₹)	0.06	0.02	0.03	0.04	0.09	0.07	0.08	0.12	0.22	0.27	0.28	0.35

Profit & loss

Results for each year

5 financial years (April to March), consolidated, ₹ crore.

Sales, operating profit and net profit

3,77416341.1

FY22

5,14425619.3

FY23

6,38634632.3

FY24

7,95047466.1

FY25

10,022735199

FY26

Revenue · YoY (vs a year ago)

—+36%+24%+24%+26%

Net profit · YoY (vs a year ago)

—-53%+68%+105%+202%

RevenueOperating profitNet profitLine = trend

₹ Cr	FY22	FY23	FY24	FY25	FY26
Revenue	3,774	5,144	6,386	7,950	10,022
Other income	27.0	30.2	29.9	27.3	32.8
Total expenses	3,754	5,136	6,347	7,850	9,707
Employee cost	326	492	565	666	772
Operating profit	163	256	346	474	735
OPM %	4.3%	5.0%	5.4%	6.0%	7.3%
Finance cost	46.5	74.6	82.8	107	117
Depreciation	96.4	173	224	266	320
Profit before tax	47.3	38.4	69.0	127	330
Tax	6.0	13.6	25.3	53.8	126
Tax rate %	12.7%	35.4%	36.7%	42.2%	38.2%
Net profit	41.3	21.0	39.7	72.1	204
Profit to shareholders	41.1	19.3	32.3	66.1	199
Net margin %	1.1%	0.4%	0.5%	0.8%	2.0%
EPS (₹)	0.87	0.07	0.11	0.23	0.70

Balance sheet

Assets and debt

At each year end (and the latest half year), ₹ crore.

Equity, debt and assets

1,37846041.4

Mar 23

1,26268075.8

Mar 24

1,301961125

Mar 25

1,438747177

Mar 26

1,655991180

Sep 26

Shareholders' equity · YoY (vs a year ago)

—-8.4%+3.1%+11%—

Shareholders' equityBorrowingsCashLine = trend

₹ Cr	Mar 23	Mar 24	Mar 25	Mar 26	Sep 26
Shareholders' equity	1,378	1,262	1,301	1,438	1,655
Long-term borrowings	0.4	0.0	110	18.3	18.2
Short-term borrowings	460	680	851	729	973
Total borrowings	460	680	961	747	991
Current liabilities	1,198	1,879	2,161	2,758	3,228
Fixed assets (PPE)	543	497	602	300	307
Inventories	1,005	1,192	1,418	1,642	2,210
Trade receivables	164	242	247	289	271
Cash & equivalents	41.4	75.8	125	177	180
Current assets	1,906	2,293	2,677	3,189	3,876
Total assets	2,950	3,401	3,980	4,611	5,342
Debt / equity	0.33	0.54	0.74	0.52	0.60

Cash flow

Cash coming in and going out

For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.

Operating, investing and financing cash

-354-603927

FY22

-1401404.9

FY23

0.3-10.144.3

FY24

467-205-212

FY25

644-159-433

FY26

Operations · YoY (vs a year ago)

—+60%+100%+185,808%+38%

OperationsInvestingFinancingLine = trend

₹ Cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	-354	-140	0.3	467	644
Cash from investing	-603	140	-10.1	-205	-159
Cash from financing	927	4.9	44.3	-212	-433
Spent on fixed assets	-94.0	-208	-111	-127	-154
Free cash flow	-448	-348	-110	339	490
Net cash flow	-29.7	4.2	34.4	49.2	52.3

Shareholding

Who holds the shares

Promoter and public holding at each quarter end, as filed with NSE.

Holding over time

52.2%Dec 23

52.2%Mar 24

52.2%Jun 24

52.2%Sep 24

52.2%Dec 24

52.2%Mar 25

52.1%Jun 25

52.1%Sep 25

52.1%Dec 25

52.1%Mar 26

52.1%Jun 26

52.1%Sep 26

Promoter & groupPublic

Latest (30 Sep 2026)

52.1%promoter

Promoter & group: 52.07%
Public (FIIs, mutual funds, retail…): 47.93%
Promoter change, last quarter: -0.01 pts

Dividends & news

Latest dividends and announcements

Dividends & corporate actions

Bonus 5:1Ex 10-Nov-2022

Board meetings

FSN E COMMERCE VENTURES LIMITED has informed the Exchange about Board Meeting to be held on 04-Nov-2026 to inter-alia consider and approve the Unaudi…04-Nov-2026
the financial results for the period ended September 30, 202604-Nov-2026
FSN E Commerce Ventures Limited has informed the Exchange about Board Meeting to be held on 04-Aug-2026 to inter-alia consider and approve the Unaudi…04-Aug-2026
the financial results for the period ended Jun 30, 202604-Aug-2026
FSN E COMMERCE VENTURES LIMITED has informed the Exchange about Board Meeting to be held on 21-May-2026 to inter-alia consider and approve the Audite…21-May-2026

Filings with NSE

ESOP/ESOS/ESPS7 Nov
Analysts/Institutional Investor Meet/Con. Call Updates6 Nov
Copy of Newspaper Publication5 Nov
Credit Rating- Others5 Nov
Analysts/Institutional Investor Meet/Con. Call Updates4 Nov
Press Release4 Nov
Investor Presentation4 Nov

Latest news

FSN E-Commerce Ventures (NSEI:NYKAA) Stock Forecast & Analyst PredictionsSimply Wall St · 5 Nov, 1:30 pm FSN E-Commerce Ventures Nykaa Shares Rise Over 2% TodayTradingView · 19 Aug, 12:30 pm Nykaa share fall 4% post strong Q1 results; hits 52-week highBusinessLine · 8 Aug, 12:30 pm Nykaa's Q2 fails to impress Street despite 200% rise in PAT; stock falls 2%Business Standard · 5 Nov, 1:26 pm Nykaa shares gain 3% as Nomura, Jefferies hike target prices after strong Q2. Should you buy despite valuaThe Economic Times · 5 Nov, 9:26 am FSN E-Commerce Ventures Share Price Today Falls 2%Univest · 21 Oct, 12:30 pm FSN E-Commerce Ventures Nykaa Shares Decline 2.39% to Rs 334.30TradingView · 5 Aug, 12:30 pm FSN E-Commerce Ventures Ltd. Share Price Live TodayCNBC TV18 · 3 Jan, 9:52 pm

About

About FSN E-Commerce Ventures Limited

FSN E-Commerce Ventures Limited is listed on the NSE under the symbol NYKAA and belongs to the Consumer Services sector.

BRANDS

Dot & KeyNykaa FashionNykaa Man

Company details

Company name: FSN E-Commerce Ventures Limited
NSE symbol: NYKAA
BSE scrip code: 543384
ISIN: INE388Y01029
Listed on: NSE, BSE
Series: EQ (normal equity)
Listed on NSE since: 10 Nov 2021
Face value: ₹1 per share
Market lot: 1 share
Shares issued: 286.43 crore
Index: NIFTY 500
Sector (NSE): Consumer Services
Industry: Internet Retail
Managing director / CEO: Falguni Nayar
Chair: Falguni Nayar
Headquarters: Mumbai, Maharashtra, India
Registered address: A2, 4th Floor, Cnergy IT Park, Appasaheb Marathe Marg, Opposite Tata Motors, Prabhadevi, Mumbai 400025, Maharashtra, India.
Founded: 2012
Employees: 11,488
Financial year: April to March
Results basis: Consolidated
Website: nykaa.com

Peers

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Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.

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FSN E-Commerce Ventures Limited

Today

Ratios

Quarterly results

Revenue and net profit

Profit & loss

Sales, operating profit and net profit

Balance sheet

Equity, debt and assets

Cash flow

Operating, investing and financing cash

Shareholding

Holding over time

Latest (30 Sep 2026)

Dividends & news

Dividends & corporate actions

Board meetings

Filings with NSE

Latest news

About

Company details

Peers