FSN E Commerce Ventures

Fsn E Commerce Ventures (NYKAA) is a mid-cap Consumer Services company valued at ₹98,818 crore operating in E-Retail/ E-Commerce on the NSE and BSE.

Recent price move

Fsn E Commerce Ventures last traded at ₹345, modestly up 1.95% on the day.

Recent developments

On 2026-10-05, Nykaa shares rose 4% as the company indicated strong growth momentum across beauty and fashion in Q2 FY27, with consolidated GMV expected to grow in the high 20s. On 2026-10-04, the company reported consolidated net revenue growth in the late twenties and GMV in the high twenties for Q2, contributing to a 1.41% rise in share price.

Financial performance

The company's business is improving, with annual revenue rising 26.1% and annual net profit surging 183.2%. The latest quarter saw revenue grow 29.1% and net profit jump 232.3% compared to the same quarter a year earlier. Net profit margin expanded 1.1 percentage points to 2.0%, while return on equity and return on capital employed remained at 13.9% and 16.7% respectively.

Valuation multiples

The stock trades at 492.9 times earnings, 68.18 times book value.

Things to watch

The stock is 1.9% below its 52-week high, and the company has not paid any dividends despite repeated profits. Promoter holding remained at 52.08%, while domestic institutional holding fell by 1.27 percentage points in the quarter.

Where it stands

Nykaa continues to show strong growth with revenue and profit rising sharply in both annual and quarterly terms. The most significant movement was in the latest quarter, where net profit surged 232.3%. The company remains profitable but has not distributed earnings to shareholders.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.