FSN E-Commerce Ventures Ltd.
NSE: NYKAAFSN E-Commerce Ventures Ltd.: A 30-second snapshot
FSN E-Commerce Ventures (Nykaa) trades at Rs 333.75, up 59.88% over the past year and 23.61% over the past three months, above both its 50-day (Rs 298.48) and 200-day (Rs 268.05) moving averages, with an RSI of 68.39. The stock is 37% below its 52-week high. Trailing PE is 476.29x (forward PE 119.65x) against a net profit margin of 1.99% and ROE of 14.34%, with a mean analyst rating of 2.48 across 25 analysts (1-5 scale, lower = more constructive).
P/E
476.3
Forward P/E
119.7
ROE
+14.3%
Debt / Equity
82.41
Profit Margin
+2.0%
Div. Yield
—
5Y ROE > 15%
0/5
5Y FCF > 0
2/5
Quality
54/100
News
8 headlines · 2 positive · 0 negative
Nykaa Q1 Results: Earnings call scheduled for Aug 4 to discuss performance - scanx.trade
scanx.trade
HSBC upgrades ratings and raises price targets on these two stocks, sees up to 18% upside - CNBC TV18
CNBC TV18
Nykaa expects Q1 revenue growth near 30% on fashion rebound - livemint.com
livemint.com
Nykaa Stock And 2 Founder Led Shares With Premium Growth Questions - simplywall.st
simplywall.st
Why Retail Investors Are Watching Nykaa Stock And Founder Led Peers - simplywall.st
simplywall.st
Recent context
- ·A Q1 earnings call for Nykaa is scheduled for August 4, 2026, per a July 27 report; the company had earlier guided to revenue growth near 30% on a fashion-segment rebound (livemint.com, July 5).
- ·HSBC raised its price target on Nykaa citing up to 18% potential upside, per a July 22, 2026 CNBC-TV18 report — one of 8 tracked headlines in the sample, which skewed neutral overall (6 of 8).
- ·Simplywall.st coverage on July 27-28 discussed Nykaa alongside other founder-led names and raised questions about premium growth assumptions, consistent with the gap between the 476x trailing PE and the 1.99% profit margin noted above.
Strengths
- +Price is up 59.88% over the past year and 23.61% over the past three months, trading above both the 50-DMA (Rs 298.48) and 200-DMA (Rs 268.05).
- +Five-year earnings growth of 290.2% alongside five-year revenue growth of 28.4%.
- +None of the 8 tracked news items in the sample carried negative sentiment (2 positive, 6 neutral) through the July 28, 2026 coverage window.
- +Ranks 3rd of 6 tracked Consumer Goods peers on ROE and 4th of 6 on quality score, placing it mid-pack rather than bottom-tier on those two dimensions.
Weaknesses
- −Trailing PE of 476.29x (forward PE 119.65x) is priced against a net profit margin of just 1.99%, and the stock ranks 5th of 6 tracked peers on PE within the Consumer Goods set.
- −Free cash flow was positive in only 2 of the tracked fiscal years, ROE has not exceeded 15% in any tracked year despite a current reading of 14.34%, the debt trend is flagged rising, and the fundamental consistency score is 45 out of 100.
- −Debt-to-equity is 0.82x (the raw percent-scaled figure of 82.405 expressed as a multiple), elevated for a non-financial consumer e-commerce operator that also pays no dividend.
- −The stock trades 37% below its 52-week high despite a 59.88% one-year price gain, pointing to wide intra-year price swings.
Open questions
- ?Does the 290.2% five-year earnings growth reflect a genuinely widening margin structure, or largely a low or negative earnings base recovering to positive?
- ?What would need to change operationally for free cash flow to turn consistently positive, given it was positive in only 2 of the tracked years?
- ?How does the 476.29x trailing PE compare with the multiples assigned to profitable peers such as Titan (85.19x) and Trent (92.80x), and what growth expectations does that gap imply are already priced in?
- ?Does the rising debt trend alongside the absence of a dividend indicate capital directed toward growth investment, or toward funding continued thin margins?
Peer comparison: Consumer Goods
Ranks 4 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| NYKAA | FSN E-Commerce Ventures Ltd.You're viewing | 476.3 | +14.3% | 43 |
| Industry avg | across 5 peers | 79.2 | +32.1% | 44 |
| ETERNAL | Eternal Ltd. | — | — | 50 |
| ASIANPAINT | Asian Paints Ltd. | 55.3 | — | 49 |
| TRENT | Trent Ltd. | 92.8 | +27.1% | 49 |
| DMART | Avenue Supermarts Ltd. | 83.6 | — | 38 |
| TITAN | Titan Company Ltd. | 85.2 | +37.1% | 34 |
Technical state
Current price
₹333.75
SMA 50
₹298.48
SMA 200
₹268.05
RSI (14)
68.4 (neutral)
From 52w high
-0.4%
1Y return
+59.9%
3M return
+23.6%
50-DMA
Above
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- mediumTrailing PE of 476.29x (forward PE 119.65x) is priced against a net profit margin of just 1.99%, meaning the current valuation multiple rests almost entirely on expected future earnings growth rather than present profitability.
- highFree cash flow was positive in only 2 of the tracked fiscal years, ROE has not exceeded 15% in any tracked year despite a current reading of 14.34%, the debt trend is flagged rising, and the fundamental consistency score is 45 out of 100 — all four persistence metrics point the same weak direction simultaneously.
- mediumDebt-to-equity is 0.82x (the raw Yahoo percent-scaled figure of 82.405 expressed correctly as a multiple), elevated for a non-financial consumer e-commerce operator that also pays no dividend.
- lowThe technical snapshots current price of Rs 333.75 carries no explicit as-of timestamp independent of the stale 2026-05-11 draft runDate metadata; given news coverage through July 28, 2026, this figure should be read as the latest available pull rather than a confirmed same-day quote.
Cross-section contradictions
- Price is up 59.88% over the past year and 23.61% over the past three months, trading above both the 50-DMA (Rs 298.48) and 200-DMA (Rs 268.05), while free cash flow was positive in only 2 of the tracked fiscal years, ROE has never exceeded 15%, and the trailing PE of 476.29x sits well above all tracked Consumer Goods peers — price momentum and underlying fundamental persistence are moving in different directions.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 11 Aug 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 1 Aug 2026 · rotates through NIFTY 500 every ~5 days