FSN E-Commerce Ventures Limited share price

NSE: NYKAA · ISIN INE388Y01029

Key numbers

Market cap
₹ 95,614 Cr
Current price
₹ 333.70
52-week high / low
₹ 350 / 228
Stock P/E
374.9
Book value
₹ 5.0
Dividend yield
0.00%
ROCE
16.8%
ROE
14.6%
Debt to equity
0.86
Sales growth (3 yrs)
24.7%
Profit growth (3 yrs)
118.0%
1-year return
40.8%

About FSN E-Commerce Ventures Limited

FSN E-Commerce Ventures Limited, through its subsidiaries, manufactures, sells, and distributes beauty and lifestyle products in India and internationally. It operates through three segments: Beauty, Fashion, and Others. The company offers makeup for face, eyes, lips, and nails, as well as makeup palettes and tools and brushes; body, eye lip, sun, and hands and feet care products, as well as moisturizers, serums, cleansers, masks, toners, skin tools and supplements, neck creams, Korean beauty products, and specialized skincare; hair care and styling products, as well as tools and accessories; appliances; bath and shower, feminine hygiene, female and male grooming products, hygiene essentials, and oral care; and natural products. It also provides diaper essentials, baby accessories and hygiene, nursing and feeding items, and products for moms; health and wellness, including beauty boosters, daily nutrition, mind and mood, fitness and recovery, intimate wellness, herbal and ayurvedic, and women's health products; men essentials; fragrances; and lingerie, watches, sunglasses, bags, footwear, jewellery, and home essentials. In addition, the company offers marketing support services.…

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,1552,3462,8732,6482,782
Operating profit141159230223236
Net profit2334637880
EPS (₹)0.080.120.220.270.28

Concall summary (2026-08-07)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • So as mentioned, I think Beauty has had a very Q1 in FY27 with 28% and 29% growth on both GMV and NSV and at the same time, delivering a very healthy EBITDA margin of 10.3%, which is 130 basis points higher than Q1 of FY26.
  • You can see that on the penetration side, we have increased the number of visits to our platform to close to 0.5 billion in Q1 FY27, which is a 22% growth year-over-year.

Growth & demand

  • The revenue growth momentum has built up now to 29% year -on-year revenue growth.
  • And you can see, as a result of that, we grew NSV by 28%, driven by the expansion in the network, which is our customers as well as more from the same customers, which is the AOV growth that you see.

Margins & costs

  • For EBITDA, happy to report EBITDA at INR 236 crores for the quarter, a 68% year -on-year growth and an 8.5% margin for the quarter.
  • On the EBITDA front also, the year-on-year EBITDA growth for the Beauty vertical is at about 48%, and the EBITDA itself is at INR 244 crores for Q1'27, and the EBITDA margin is 10.3%.

Capex & expansion

  • The remaining 49% will be acquired over the next few years as per terms that we've set out in the documents.
  • Fulfillment expenses increased by 42 basis points as we continue to invest in infrastructure expansion, which is leading to O2D efficiencies.

Balance sheet & cash

  • So it's been an execution which has leveraged a flywheel from assortment to distribution to demand creation and touches everyone from brand partners to customers to ecosystem to retailers and distributors.
  • We are also able to really leverage our data science to have a predictive engine on which retailer is going to buy which brand.

Peers in Internet Retail

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