FSN E-Commerce Ventures Ltd (Nykaa) — Financial Report

• Market Cap: ₹59,214 Cr • Current Price: ₹200 • 52 Week High / Low: ₹214 / ₹123 • Stock P/E: 118.37 • Book Value: ₹15.3 • Dividend Yield: 0.00% • ROCE (Return on Capital Employed): 7.23% • ROE (Return on Equity): 6.91% • Face Value: ₹1 • EPS (TTM): ₹1.69 Financial Highlights (Standalone) • Revenue Growth: Revenue increased steadily over the past years with strong growth in online beauty and fashion sales. • Profitability: Profit after tax improved in recent years, though margins remain tight due to marketing expenses and expansion. • Operating Profit Margin (OPM): Moderate, reflecting a competitive e-commerce environment. • Debt Levels: Debt is under control, supported by strong cash reserves and healthy current ratio. • Cash Flows: Positive operating cash flow, enabling investment in technology and warehouse expansion. Shareholding Pattern (Latest) • Promoters: 52.3% • FIIs: 7.25% • DIIs: 16.4% • Public & Others: 24.05% Key Insights • Nykaa operates in a high-growth e-commerce segment with increasing penetration in tier-2 and tier-3 cities. • The stock trades at a high P/E, indicating premium market valuation based on growth expectations. • Focus on private-label brands and expanding product categories may improve margins over time. • The company’s omnichannel approach (online + offline stores) supports long-term scalability.