FSN E-Commerce

    NYKAA
    Tech
    ₹344.50
    price as of 11/9/2026, 5:28:05 pm

    Market cap ₹98,709 Cr

    P/E
    387.08
    Day range
    ₹339.05 – ₹344.50
    52-week range
    ₹227.90 – ₹349.55
    Volume
    39.78 L
    Open
    ₹341.15
    Prev close
    ₹341.95
    52-week range, adjusted for splits and bonuses
    ₹227.9₹349.55
    30 Sept 202531 Aug 2026
    Index membership & F&O
    NIFTY 200NIFTY 500NIFTY MIDCAP 150F&O lot 3,125

    Price history

    6M change +36.87%RSI (14) 59.3 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 56.8% today vs 55.2% average · BSE close ₹343.2

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹210₹245₹280₹315₹3500%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Neutral
    Near-month future
    ₹343.8
    Change
    -0.04%
    Basis over spot
    −₹0.70
    Futures OI (shares)
    3.15 Cr
    OI change
    -1.53%
    Put-call ratio
    0.62
    Max pain
    ₹340
    Resistance (call OI)
    ₹350
    Support (put OI)
    ₹330
    Lot size
    3,125

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    29030531532533534535536537539005.0 L10.0 L15.0 L20.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    382.9
    EPS (TTM)
    ₹0.90
    ROE (FY26)
    14.9%
    ROCE (latest year)
    17%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +24.9%
    Profit 3Y CAGR
    +113.4%
    Revenue YoY (Jun 2026)
    +29.1%
    Profit YoY (Jun 2026)
    +233.3%
    Operating margin
    8.0%
    Net margin
    2.9%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr750 Cr1.5K Cr2.3K Cr3.0K Cr0%2%4%6%8%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • FII
    • Public

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1.0K Cr-500 Cr0 Cr500 Cr1.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY19FY20FY21FY22FY23FY24FY25FY26-16%-8%0%8%16%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr400 Cr800 Cr1.2K Cr1.6K Cr0.0x0.3x0.7x1.1x1.4x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales1,5071,7891,6681,7461,8752,2672,0622,1552,3462,8732,6482,782
    Expenses1,4261,6901,5751,6501,7712,1261,9282,0142,1872,6442,4252,546
    Operating Profit81999396104141133141159230223236
    OPM %5%6%6%6%6%6%6%7%7%8%8%8%
    Other Income987756997-1099
    Interest212221212432303031292627
    Depreciation555860606470737679818489
    Profit before tax132620222145404455110122129
    Tax %30%31%50%36%37%39%52%44%40%38%35%38%
    Net Profit8179141326192433687980
    EPS in Rs₹0.02₹0.06₹0.02₹0.03₹0.04₹0.09₹0.07₹0.08₹0.12₹0.22₹0.27₹0.28

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    FSN E-commerce Ventures Ltd. (FSNEV) popularly known as "Nykaa" is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care, and fashion products, including owned brand products manufactured by it. [1]

    Strengths

    • Company has delivered good profit growth of 27.7% CAGR over last 5 years

    Risks

    • Stock is trading at 68.6 times its book value
    • Though the company is reporting repeated profits, it is not paying out dividend
    • Company has a low return on equity of 7.75% over last 3 years.

    Compounded Sales Growth

    10 Years
    5 Years
    +33%
    3 Years
    +25%
    TTM
    +27%

    Compounded Profit Growth

    10 Years
    5 Years
    +28%
    3 Years
    +122%
    TTM
    +234%

    Stock Price CAGR

    10 Years
    5 Years
    3 Years
    +33%
    1 Year
    +45%

    Return on Equity

    10 Years
    5 Years
    +6%
    3 Years
    +8%
    Last Year
    +15%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter52.12%52.10%52.09%52.07%-0.02 pp
    FII12.54%12.15%12.40%13.73%+1.33 pp
    DII24.99%25.36%25.35%24.08%-1.27 pp
    Public10.36%10.41%10.15%10.12%-0.03 pp

    Filed with NSE for Jun 2026: promoters 52.08%, public 47.92% · XBRL filing

    Analysts & fund holdings

    61%
    61% recommend buy
    23 analysts cover the stock
    Valuation vs Diversified Consumer Services
    P/E387.1 vs 27.6
    Sector P/B5.69
    Beta1.36

    Who holds the shares, quarter by quarter

    Mutual funds 18.91% (-0.69 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters52.1%
    • Foreign institutions13.7%
    • Mutual funds18.9%
    • Insurance4.6%
    • Other domestic institutions0.5%
    • Retail2.4%
    • Others7.7%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    HDFC Flexi Cap Fund0.89%0.75%-0.06 pp
    SBI Contra Fund0.81%1.63%+0.17 pp
    Nippon India Multi Cap Fund0.73%1.24%-0.07 pp
    Mirae Asset Large & Midcap Fund0.70%1.47%+0.16 pp
    HDFC Focused Fund0.68%2.29%+0.19 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Avg
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • bonus
      Not available — not reported in this filing

      Bonus 5:1

      10 Nov 2022
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    Allotment of 1,80,870 Equity shares pursuant to exercise of vested stock option by the employees under the Employee Stock Option Schemes of the Company

    Company Update
    Completion Of Transaction For Further Increase In Shareholding In Earth Rhythm Private Limited ('Earth Rhythm'), A Subsidiary Of The Company

    Update on completion of acquisition of additional 24.2% equity shareholding in Earth Rhythm Private Limited, a subsidiary of the Company

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    Scrutinizer's Report and Voting Results of the 14th Annual General Meeting held on August 25, 2026.

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Proceedings of the 14th Annual General Meeting of the Company held on August 25, 2026.

    AGM/EGMPrice-sensitive
    Presentation Made At The 14Th Annual General Meeting Of The Company Held On August 25, 2026.

    Presentation made at the 14th Annual General Meeting of the Company held on August 25, 2026.

    AGM/EGMPrice-sensitive
    Chairperson''s Speech Delivered At The 14Th Annual General Meeting Held On August 25, 2026

    Chairperson's Speech delivered at the 14th Annual General Meeting held on August 25, 2026.

    Company Update
    Redemption Of Unlisted, Unsecured, Unrated, Redeemable, Non-Convertible Debentures ('Ncds') By Nykaa E-Retail Limited, A Wholly Owned Subsidiary Of The Company.

    Redemption of Unlisted, Unsecured, Unrated, Redeemable, Non-Convertible Debentures ("NCDs") by Nykaa E-Retail Limited, a wholly owned subsidiary of the Company

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    Allotment of 2,26,200 Equity shares pursuant to exercise of vested stock option by the employees under the Employee Stock Option Schemes of the Company

    Company Update
    Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    Please find enclosed herewith the Transcript of Analyst / Investor Meet held on August 04, 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please find enclosed herewith schedule of Analyst/ Institutional Investor Meet.

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Please find enclosed herewith the Newpaper Publication.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Audio and Video Recording of the Conference Call for Analyst/Institutional Investor

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    Press Release issued by the Company titled "Nykaa begins FY2027 on a strong note with Q1 FY2027 Net Revenue growth accelerating to 29% YoY and robust PAT Growth of 226% YoY" & "Nykaa acquires ....

    Result
    Unaudited Standalone And Consolidated Financial Results For The Quarter Ended June 30, 2026.

    Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Acquisition

    Acquisition of 51% shareholding on a fully diluted basis in Aminu Wellness Private Limited.

    Filed with BSE (scrip 543384); the last 45 days. Documents open at bseindia.com.

    Documents

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 11 Feb 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.