FSN E-Commerce Ventures Ltd.
NSE: NYKAA · E-Retail/ E-Commerce
Snapshot
Unlock FSN E-Commerce Ventures Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
FSN E-Commerce Ventures Ltd. (Nykaa) is a prominent Indian lifestyle retailer offering a diverse range of beauty, personal care, and fashion products. The company operates through a multi-channel approach, combining an extensive e-commerce platform with a growing network of physical retail stores.
Business Model
The company generates revenue through the direct sale of beauty, wellness, and fashion products via its online platforms and physical retail outlets. It leverages a mix of third-party brand partnerships and its own private label brands to drive consumer engagement and sales.
- Physical store count (as of March 2022):105
Growth Outlook
Growth is driven by the expansion of its physical store footprint and the continuous diversification of its product portfolio across beauty and fashion categories. The company focuses on scaling its proprietary brands and enhancing its digital infrastructure to capture increasing e-commerce penetration in India.
Key Risks
- Intense Market Competition. The company faces significant competition from both established e-commerce giants and traditional retail players in the beauty and fashion segments.
- Supply Chain Dependencies. Reliance on a wide network of third-party brands and manufacturers exposes the company to potential supply chain disruptions and inventory management challenges.
- Consumer Discretionary Spending. As a retailer of lifestyle and beauty products, the company is sensitive to fluctuations in consumer discretionary spending and broader macroeconomic conditions in India.
- Operational Execution. Scaling physical retail operations alongside digital platforms requires complex logistics and high capital expenditure, which may impact profitability.
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Key Metrics
REVENUE
₹10,649 Cr
TTM · consolidated
NET PROFIT
₹259 Cr
TTM · consolidated
EPS
₹0.89
TTM · consolidated
RETURN ON EQUITY
18.9%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
28.8%
TTM · consolidated
P/E
373.6x
Q1 FY27 · consolidated
EV/EBITDA
108.8x
Q1 FY27 · consolidated
EBITDA MARGIN
8.3%
TTM · consolidated
NET PROFIT MARGIN
2.9%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.5x
Q1 FY27 · consolidated
Peers · E-Retail/ E-Commerce
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
FSN E-Commerce Ventures Ltd.NYKAA | ₹95,222 Cr | 373.60 | 108.80 | 27.4% | 8.3% | 18.9% | 28.8% | +38.8% |
MeeshoMEESHO | ₹96,105 Cr | — | — | — | -4.0% | — | — | — |
Swiggy Ltd.SWIGGY | ₹76,212 Cr | -18.10 | -32.05 | 46.8% | -9.2% | -26.3% | -22.1% | -34.7% |
Urban Company LimitedURBANCO | ₹27,927 Cr | -81.57 | -166.07 | — | -9.8% | -15.6% | -9.9% | — |
CarTrade Tech LimitedCARTRADE | ₹14,408 Cr | 61.92 | 38.85 | 20.0% | 45.8% | 10.8% | 12.3% | +17.4% |
Brainbees Solutions Ltd.FIRSTCRY | ₹9,406 Cr | -69.56 | 20.68 | 11.7% | 5.4% | -3.8% | 0.1% | -48.8% |
As of Q1 FY27
Financials
FSN E-Commerce Ventures Ltd.
NSE: NYKAA · E-Retail/ E-Commerce
Snapshot
Unlock FSN E-Commerce Ventures Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
FSN E-Commerce Ventures Ltd. (Nykaa) is a prominent Indian lifestyle retailer offering a diverse range of beauty, personal care, and fashion products. The company operates through a multi-channel approach, combining an extensive e-commerce platform with a growing network of physical retail stores.
Business Model
The company generates revenue through the direct sale of beauty, wellness, and fashion products via its online platforms and physical retail outlets. It leverages a mix of third-party brand partnerships and its own private label brands to drive consumer engagement and sales.
- Physical store count (as of March 2022):105
Growth Outlook
Growth is driven by the expansion of its physical store footprint and the continuous diversification of its product portfolio across beauty and fashion categories. The company focuses on scaling its proprietary brands and enhancing its digital infrastructure to capture increasing e-commerce penetration in India.
Key Risks
- Intense Market Competition. The company faces significant competition from both established e-commerce giants and traditional retail players in the beauty and fashion segments.
- Supply Chain Dependencies. Reliance on a wide network of third-party brands and manufacturers exposes the company to potential supply chain disruptions and inventory management challenges.
- Consumer Discretionary Spending. As a retailer of lifestyle and beauty products, the company is sensitive to fluctuations in consumer discretionary spending and broader macroeconomic conditions in India.
- Operational Execution. Scaling physical retail operations alongside digital platforms requires complex logistics and high capital expenditure, which may impact profitability.
Start your research today
Unlock AI insights, financials, peers and live data on FSN E-Commerce Ventures Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹10,649 Cr
TTM · consolidated
NET PROFIT
₹259 Cr
TTM · consolidated
EPS
₹0.89
TTM · consolidated
RETURN ON EQUITY
18.9%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
28.8%
TTM · consolidated
P/E
373.6x
Q1 FY27 · consolidated
EV/EBITDA
108.8x
Q1 FY27 · consolidated
EBITDA MARGIN
8.3%
TTM · consolidated
NET PROFIT MARGIN
2.9%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.5x
Q1 FY27 · consolidated
Peers · E-Retail/ E-Commerce
As of Q1 FY27