Nifty

:

25077.65

Sensex

:

81790.12

183.40 (0.74%)
582.95 (0.72%)

Login

Nifty
Sensex

:
:

25077.65
81790.12

183.40 (0.74%)
582.95 (0.72%)

FSN E-Commerce Ventures Ltd.

e-Commerce

Rating :

79/99

BSE: 543384 | NSE: NYKAA

Watchlist

NSE BSE

255.34

06-Oct-2025

Open
High
Low
Previous Close

239.81
256.95
239.5
239.81

Volume
Traded Value (lacs)
52 Week High
52 Week Low

29018183
7319472471.45
256.95
154.9

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

73,119.99
860.43
1

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

73,864.20
N/A
53.25

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

-
26.64
15.62

EBITDA CAGR (%)

10 Years
5 Years
3 Years

-
24.58
13.06

PAT CAGR (%)

10 Years
5 Years
3 Years

-
1.93
43.07

P:E (Median)

8 Years
5 Years
3 Years

-
-
-

P:BV (Average)

8 Years
5 Years
3 Years

-
-
35.84

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
-
140.26

Earnings Forecasts:

(Updated: 04-10-2025)

Description 2024 2025 2026 2027
Adj EPS 0.23 0.83 1.59 2.46
P/E Ratio 1110.17 307.64 160.59 103.80
Revenue 7949.82 10004.5 12480.7 15390.4
EBITDA 473.91 749.99 1084.69 1475.4
Net Income 66.08 227.33 448.43 701.27
ROA 1.79 6.66 10.32 12.51
P/B Ratio 56.12 47.37 36.27 26.99
ROE 5.16 15.94 24.87 29.92
FCFF 243.41 202.1 329.32 581.73
FCFF Yield
Net Debt 1103.44 748.82 602.92 256.18
BVPS 4.55 5.39 7.04 9.46

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var%
Net Sales 81.83 102.83 -20.42% 88.57 102.41 -13.51% 119.14 80.19 48.57% 109.41 66.24 65.17%
Expenses 98.94 113.90 -13.13% 100.35 106.97 -6.19% 123.30 98.33 25.39% 122.87 89.65 37.06%
EBITDA -17.11 -11.07 - -11.78 -4.56 - -4.16 -18.14 - -13.46 -23.41 -
EBIDTM -20.91% -10.77% -13.30% -4.45% -3.49% -22.62% -12.30% -35.34%
Other Income 40.10 39.18 2.35% 37.34 61.45 -39.24% 41.01 45.12 -9.11% 39.81 39.16 1.66%
Interest 2.35 1.86 26.34% 1.98 1.66 19.28% 2.50 1.71 46.20% 1.56 1.75 -10.86%
Depreciation 3.20 2.32 37.93% 3.38 2.29 47.60% 2.87 2.23 28.70% 3.00 2.06 45.63%
PBT 17.44 23.93 -27.12% 20.20 52.94 -61.84% 31.48 23.04 36.63% 21.79 11.94 82.50%
Tax 4.52 -18.30 - 5.58 -33.37 - 7.02 4.20 67.14% 5.63 1.27 343.31%
PAT 12.92 42.23 -69.41% 14.62 86.31 -83.06% 24.46 18.84 29.83% 16.16 10.67 51.45%
PATM 15.79% 41.07% 16.51% 84.28% 20.53% 23.49% 14.77% 16.11%
EPS 0.05 0.15 -66.67% 0.05 0.30 -83.33% 0.09 0.07 28.57% 0.06 0.04 50.00%

Description Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var%
Net Sales 2,154.94 1,746.11 23.41% 2,061.76 1,667.98 23.61% 2,267.21 1,788.80 26.74% 1,874.74 1,507.02 24.40%
Expenses 2,014.26 1,649.99 22.08% 1,928.41 1,574.70 22.46% 2,126.43 1,690.02 25.82% 1,771.08 1,426.39 24.17%
EBITDA 140.68 96.12 46.36% 133.35 93.28 42.96% 140.78 98.78 42.52% 103.66 80.63 28.56%
EBIDTM 6.53% 5.50% 6.47% 5.59% 6.21% 5.52% 5.53% 5.35%
Other Income 9.33 7.33 27.29% 8.95 7.06 26.77% 5.53 7.58 -27.04% 5.45 8.57 -36.41%
Interest 30.16 21.31 41.53% 29.85 21.13 41.27% 31.93 21.84 46.20% 24.23 21.31 13.70%
Depreciation 76.14 60.06 26.77% 72.90 59.65 22.21% 69.82 58.03 20.32% 63.62 54.63 16.46%
PBT 43.71 22.08 97.96% 39.55 19.56 102.20% 44.56 26.49 68.21% 21.26 13.26 60.33%
Tax 19.24 7.84 145.41% 20.50 9.82 108.76% 17.59 8.26 112.95% 7.82 3.97 96.98%
PAT 24.47 14.24 71.84% 19.05 9.74 95.59% 26.97 18.23 47.94% 13.44 9.29 44.67%
PATM 1.14% 0.82% 0.92% 0.58% 1.19% 1.02% 0.72% 0.62%
EPS 0.08 0.03 166.67% 0.07 0.02 250.00% 0.09 0.06 50.00% 0.04 0.02 100.00%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Net Sales 398.95 419.95 312.52 275.46 187.70 145.81 187.66 Net Sales Growth 13.44% 34.38% 13.45% 46.76% 28.73% -22.30% Cost Of Goods Sold 189.85 192.49 131.08 113.55 58.84 64.58 65.20 Gross Profit 209.10 227.46 181.44 161.91 128.86 81.23 122.46 GP Margin 52.41% 54.16% 58.06% 58.78% 68.65% 55.71% 65.26% Total Expenditure 445.46 461.56 387.56 318.21 171.64 148.60 184.12 Power & Fuel Cost - 0.51 0.60 0.64 0.21 0.13 0.19 % Of Sales - 0.12% 0.19% 0.23% 0.11% 0.09% 0.10% Employee Cost - 66.12 72.09 49.95 28.79 17.78 24.76 % Of Sales - 15.74% 23.07% 18.13% 15.34% 12.19% 13.19% Manufacturing Exp. - 31.55 30.58 7.51 2.77 1.28 0.24 % Of Sales - 7.51% 9.78% 2.73% 1.48% 0.88% 0.13% General & Admin Exp. - 47.80 49.22 47.88 23.70 16.11 18.37 % Of Sales - 11.38% 15.75% 17.38% 12.63% 11.05% 9.79% Selling & Distn. Exp. - 117.35 100.75 91.04 56.88 48.04 75.31 % Of Sales - 27.94% 32.24% 33.05% 30.30% 32.95% 40.13% Miscellaneous Exp. - 5.74 3.24 7.66 0.44 0.68 0.05 % Of Sales - 1.37% 1.04% 2.78% 0.23% 0.47% 0.03% EBITDA -46.51 -41.61 -75.04 -42.75 16.06 -2.79 3.54 EBITDA Margin -11.66% -9.91% -24.01% -15.52% 8.56% -1.91% 1.89% Other Income 158.26 158.47 184.64 133.97 116.26 60.25 30.50 Interest 8.39 7.99 6.96 7.55 5.95 4.21 4.88 Depreciation 12.45 11.58 8.72 7.26 4.68 8.43 7.40 PBT 90.91 97.29 93.92 76.40 121.69 44.83 21.76 Tax 22.75 -0.07 -27.10 19.32 18.18 8.64 6.69 Tax Rate 25.02% -0.07% -28.85% 25.29% 14.94% 19.27% 30.74% PAT 68.16 97.36 121.02 57.08 103.51 36.19 15.07 PAT before Minority Interest 68.16 97.36 121.02 57.08 103.51 36.19 15.07 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 17.08% 23.18% 38.72% 20.72% 55.15% 24.82% 8.03% PAT Growth -56.87% -19.55% 112.02% -44.86% 186.02% 140.15% EPS 0.24 0.34 0.42 0.20 0.36 0.13 0.05

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Net Sales 8,358.65 7,949.82 6,385.62 5,143.80 3,773.93 2,440.89 1,767.53 Net Sales Growth 24.57% 24.50% 24.14% 36.30% 54.61% 38.10% Cost Of Goods Sold 4,675.96 4,472.66 3,646.39 2,865.68 2,130.01 1,492.58 1,009.45 Gross Profit 3,682.69 3,477.16 2,739.23 2,278.12 1,643.92 948.32 758.08 GP Margin 44.06% 43.74% 42.90% 44.29% 43.56% 38.85% 42.89% Total Expenditure 7,840.18 7,475.04 6,038.76 4,886.75 3,612.22 2,282.65 1,681.82 Power & Fuel Cost - 25.83 20.68 14.99 6.64 4.40 4.62 % Of Sales - 0.32% 0.32% 0.29% 0.18% 0.18% 0.26% Employee Cost - 666.07 564.90 491.72 326.47 233.02 195.61 % Of Sales - 8.38% 8.85% 9.56% 8.65% 9.55% 11.07% Manufacturing Exp. - 324.44 271.11 201.80 171.51 96.80 34.57 % Of Sales - 4.08% 4.25% 3.92% 4.54% 3.97% 1.96% General & Admin Exp. - 374.69 313.99 327.27 180.31 111.37 91.84 % Of Sales - 4.71% 4.92% 6.36% 4.78% 4.56% 5.20% Selling & Distn. Exp. - 1,590.50 1,196.30 972.29 792.24 334.05 340.75 % Of Sales - 20.01% 18.73% 18.90% 20.99% 13.69% 19.28% Miscellaneous Exp. - 20.85 25.39 12.99 5.04 10.42 4.97 % Of Sales - 0.26% 0.40% 0.25% 0.13% 0.43% 0.28% EBITDA 518.47 474.78 346.86 257.05 161.71 158.24 85.71 EBITDA Margin 6.20% 5.97% 5.43% 5.00% 4.28% 6.48% 4.85% Other Income 29.26 27.26 29.94 30.21 29.30 11.76 10.55 Interest 116.17 108.19 83.55 75.62 47.30 32.29 46.24 Depreciation 282.48 266.40 224.23 173.26 96.41 71.59 64.55 PBT 149.08 127.45 69.02 38.39 47.31 66.12 -14.53 Tax 65.15 53.75 25.31 13.57 6.02 4.48 8.47 Tax Rate 43.70% 42.17% 36.67% 35.35% 12.72% 6.78% -58.29% PAT 83.93 67.71 36.23 23.12 41.08 61.55 -23.27 PAT before Minority Interest 80.79 73.70 43.71 24.82 41.29 61.65 -23.00 Minority Interest -3.14 -5.99 -7.48 -1.70 -0.21 -0.10 -0.27 PAT Margin 1.00% 0.85% 0.57% 0.45% 1.09% 2.52% -1.32% PAT Growth 62.97% 86.89% 56.70% -43.72% -33.26% - EPS 0.29 0.24 0.13 0.08 0.14 0.22 -0.08

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Shareholder's Funds 1,659.61 1,534.91 1,455.56 1,549.95 561.15 418.87 Share Capital 285.93 285.60 285.25 47.41 15.06 14.55 Total Reserves 1,336.53 1,220.70 1,153.34 1,486.88 537.15 393.32 Non-Current Liabilities -36.44 -21.28 39.24 32.76 -2.63 -21.51 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.15 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 3.87 2.24 1.39 1.24 0.94 0.92 Current Liabilities 209.43 313.96 336.85 100.28 68.30 72.94 Trade Payables 42.25 30.42 15.68 16.62 11.39 17.35 Other Current Liabilities 89.34 206.98 283.48 50.68 30.84 20.94 Short Term Borrowings 75.74 74.87 35.47 31.33 24.35 34.63 Short Term Provisions 2.10 1.69 2.23 1.66 1.72 0.01 Total Liabilities 1,832.60 1,827.59 1,831.65 1,682.99 626.82 470.30 Net Block 38.59 30.35 28.62 16.46 12.90 17.51 Gross Block 75.18 63.24 50.77 32.61 34.09 30.41 Accumulated Depreciation 36.59 32.89 22.14 16.16 21.19 12.91 Non Current Assets 1,420.89 1,094.62 725.93 731.48 311.93 209.64 Capital Work in Progress 19.37 9.15 0.89 0.00 0.00 0.68 Non Current Investment 935.07 640.87 461.28 379.48 69.58 52.49 Long Term Loans & Adv. 426.16 410.49 225.29 312.82 216.56 138.01 Other Non Current Assets 1.70 3.76 9.85 22.72 12.88 0.96 Current Assets 411.71 732.97 1,105.72 951.51 314.89 260.66 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 86.12 103.27 78.00 72.55 33.22 46.34 Sundry Debtors 47.71 115.79 71.49 20.65 63.72 25.51 Cash & Bank 28.62 38.63 51.97 220.33 192.30 169.18 Other Current Assets 249.26 20.79 18.10 14.94 25.65 19.62 Short Term Loans & Adv. 232.19 454.49 886.16 623.05 16.68 15.02 Net Current Assets 202.28 419.01 768.86 851.23 246.59 187.72 Total Assets 1,832.60 1,827.59 1,831.65 1,682.99 626.82 470.30

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Shareholder's Funds 1,301.28 1,262.23 1,378.01 1,339.90 489.90 322.40 Share Capital 285.93 285.60 285.25 47.41 15.06 14.55 Total Reserves 978.20 948.02 1,075.80 1,276.83 465.90 296.87 Non-Current Liabilities 218.33 -28.28 172.54 220.04 38.35 92.46 Secured Loans 47.80 0.00 0.36 0.92 1.66 0.15 Unsecured Loans 62.41 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 18.64 10.22 9.27 7.80 7.35 5.26 Current Liabilities 2,160.59 1,878.87 1,197.51 965.26 694.82 667.59 Trade Payables 634.83 386.69 265.39 362.05 316.21 313.41 Other Current Liabilities 746.74 803.45 461.29 260.58 157.26 85.00 Short Term Borrowings 768.83 680.04 459.44 331.58 185.81 267.33 Short Term Provisions 10.19 8.69 11.39 11.04 35.54 1.86 Total Liabilities 3,721.58 3,131.63 2,762.20 2,530.82 1,223.90 1,083.19 Net Block 834.82 668.15 698.82 483.25 231.13 231.45 Gross Block 1,589.17 1,242.38 1,093.45 741.56 409.75 343.34 Accumulated Depreciation 754.35 574.23 394.64 258.31 178.62 111.88 Non Current Assets 1,044.50 838.68 856.61 603.76 260.89 262.80 Capital Work in Progress 36.74 29.77 30.88 24.50 2.36 2.02 Non Current Investment 0.16 34.31 38.12 0.00 1.32 3.80 Long Term Loans & Adv. 125.36 101.77 86.82 53.36 26.09 25.52 Other Non Current Assets 47.42 4.68 1.97 42.66 0.00 0.00 Current Assets 2,677.08 2,292.95 1,905.60 1,927.05 963.01 820.39 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 1,417.54 1,192.05 1,005.14 875.62 498.09 450.09 Sundry Debtors 246.61 241.60 163.53 94.53 76.64 98.43 Cash & Bank 217.15 239.86 148.74 267.04 247.67 175.62 Other Current Assets 795.78 93.94 60.65 49.81 140.62 96.25 Short Term Loans & Adv. 668.52 525.50 527.54 640.05 98.87 77.06 Net Current Assets 516.49 414.08 708.09 961.80 268.20 152.80 Total Assets 3,721.58 3,131.63 2,762.21 2,530.81 1,223.90 1,083.19

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Cash From Operating Activity 142.58 -31.19 -0.44 72.02 -84.07 -90.85 PBT 97.29 93.92 76.40 121.69 44.83 21.76 Adjustment -43.89 -92.06 -54.95 -61.72 -18.04 -8.33 Changes in Working Capital 113.38 -6.50 -7.59 18.84 -107.84 -101.76 Cash after chg. in Working capital 166.78 -4.64 13.86 78.81 -81.06 -88.34 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -24.20 -26.55 -14.30 -6.80 -3.01 -2.51 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -146.09 -25.94 -41.34 -944.19 -67.09 74.63 Net Fixed Assets -22.16 -20.73 -19.05 1.48 -3.00 Net Investments -294.20 -179.59 -81.80 -309.90 -17.09 Others 170.27 174.38 59.51 -635.77 -47.00 Cash from Financing Activity 7.57 47.31 21.26 872.66 86.92 107.42 Net Cash Inflow / Outflow 4.06 -9.82 -20.51 0.49 -64.25 91.21 Opening Cash & Equivalents 1.44 11.26 31.77 31.28 95.53 4.32 Closing Cash & Equivalent 5.50 1.44 11.26 31.77 31.28 95.53

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Cash From Operating Activity 466.63 0.25 -140.24 -353.96 133.18 14.79 PBT 127.45 69.02 38.40 47.31 66.12 -14.53 Adjustment 377.85 313.74 245.50 135.82 119.44 108.35 Changes in Working Capital 21.07 -251.28 -329.04 -464.93 -39.21 -74.76 Cash after chg. in Working capital 526.37 131.48 -45.14 -281.80 146.35 19.06 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -59.74 -131.23 -95.11 -72.16 -13.17 -4.27 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -205.43 -10.11 139.58 -602.79 -129.74 1.56 Net Fixed Assets -22.16 -20.73 -19.05 1.48 -3.00 Net Investments -294.20 -179.59 -81.80 -309.90 -17.09 Others 110.93 190.21 240.43 -294.37 -109.65 Cash from Financing Activity -212.04 44.26 4.87 927.01 -37.72 73.44 Net Cash Inflow / Outflow 49.16 34.40 4.20 -29.74 -34.28 89.80 Opening Cash & Equivalents 75.78 41.38 37.17 66.91 101.19 11.41 Closing Cash & Equivalent 124.94 75.78 41.38 37.17 66.91 101.19

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Book Value (Rs.) 5.67 5.27 5.04 5.39 2.04 280.34 ROA 5.32% 6.61% 3.25% 8.96% 6.60% 3.82% ROE 6.22% 8.22% 3.84% 9.92% 7.54% 4.36% ROCE 6.29% 6.51% 5.47% 11.78% 9.44% 6.85% Fixed Asset Turnover 6.07 5.48 6.61 5.63 4.52 7.59 Receivable days 71.05 109.36 61.05 82.04 111.68 31.72 Inventory Days 82.30 105.86 99.74 102.83 99.58 67.19 Payable days 68.90 64.18 51.91 86.87 81.23 30.80 Cash Conversion Cycle 84.46 151.04 108.89 98.00 130.03 68.11 Total Debt/Equity 0.05 0.05 0.02 0.02 0.04 0.09 Interest Cover 13.18 14.49 11.11 21.46 11.64 5.46

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Book Value (Rs.) 4.42 4.32 4.77 4.66 1.77 214.05 ROA 2.15% 1.48% 0.94% 2.20% 5.34% -2.53% ROE 5.90% 3.37% 1.85% 4.57% 15.56% -8.56% ROCE 11.21% 8.07% 6.49% 8.05% 15.53% 5.98% Fixed Asset Turnover 5.62 5.47 5.61 6.56 6.48 6.55 Receivable days 11.21 11.58 9.16 8.28 13.09 20.95 Inventory Days 59.91 62.80 66.73 66.43 70.89 71.73 Payable days 41.68 32.64 39.96 58.11 76.99 49.93 Cash Conversion Cycle 29.43 41.74 35.93 16.59 7.00 42.75 Total Debt/Equity 0.76 0.55 0.34 0.25 0.39 0.86 Interest Cover 2.18 1.83 1.51 2.00 3.05 0.69

Top Investors:

harindarpal singh banga

icici prudential life insurance company limited

sbi contra fund

icici prudential large & mid cap fund

nippon life india trustee ltd-a/c nippon india multi cap fund

mirae asset large cap fund

hdfc trustee company limited-hdfc flexi cap fund

kotak mahindra trustee co ltd a/c kotak multicap fund

hdfc life insurance company limited

narotam.s.sekhsaria

Annual Reports:

News Update:

FSN E-Commerce - Quarterly Results
12th Aug 2025, 16:56 PM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

Feedback