FSN E-Commerce Ventures Limited
FSN E-Commerce Ventures Limited operates in E-Retail/ E-Commerce, part of the Consumer Services sector. It booked ₹2,782 cr of revenue in its latest quarter (Q1 FY27) and kept 2.9% of sales as profit. It is the 3rd largest of 9 E-Retail/ E-Commerce companies we track, by market value.
| Segment | FY25 | FY26 | Share |
|---|---|---|---|
| Beauty | 7,251 | 9,139 | 91% → 91% |
| Fashion | 675 | 832 | 8% → 8% |
| Others | 24 | 51 | 0% → 1% |
| Total | 7,950 | 10,022 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“Business verticals India’s leading omnichannel beauty and lifestyle retailer At Nykaa, we are not just a retailer; we are the creators and builders of India’s beauty and fashion market. Nykaa has cumulatively served over 42 million customers across its beauty and fashion platforms.”
Healthier than 57% of companies in Consumer Services, on all six measures of filed financials. Each measure is ranked against the 16–46 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 41
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in NYKAA?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 15%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹2,782 cr |
| Other Income | ₹9 cr |
| Total Income | ₹2,791 cr |
| Cost of Materials | ₹4 cr |
| Purchases of Stock-in-Trade | ₹1,758 cr |
| Inventory Change (±) | ₹-256 cr |
| Employee Benefit Expense | ₹225 cr |
| Finance Costs | ₹27 cr |
| Depreciation & Amortisation | ₹89 cr |
| Other Expenses | ₹815 cr |
| Total Expenses | ₹2,662 cr |
| Profit before Tax | ₹129 cr |
| Tax Expense | ₹49 cr |
| Net Profit | ₹80 cr |
| Net margin on total income | 2.9% |
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 2,873 cr | 2,648 cr | 2,782 cr |
| Total income | 2,880 cr | 2,657 cr | 2,791 cr |
| Expenses | 2,754 cr | 2,536 cr | 2,662 cr |
| Profit before tax | 110 cr | 122 cr | 129 cr |
| Tax | 42 cr | 43 cr | 49 cr |
| Net profit (owners' share) | 63 cr | 78 cr | 80 cr |
| Net margin (owners' share, on revenue) | 2.2% | 3.0% | 2.9% |
| EPS (₹) | 0.22 | 0.27 | 0.28 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| ETERNAL LIMITED | ₹322 | ₹2.97 L cr | 805.9 | 1.2% | 0.5% | — |
| Meesho Limited | ₹207 | ₹95,542 cr | — | -12.1% | -3.6% | — |
| FSN E-Commerce Ventures Limitedthis company | ₹324 | ₹92,748 cr | 289.1 | 22.3% | 2.9% | — |
| Swiggy Limited | ₹277 | ₹72,443 cr | — | -17.3% | -11.6% | — |
| Urban Company Limited | ₹163 | ₹23,975 cr | — | -17.2% | -17.4% | — |
| Cartrade Tech Limited | ₹2,938 | ₹14,109 cr | 68.7 | 8.3% | 25.5% | — |
| Brainbees Solutions Limited | ₹169 | ₹8,220 cr | — | -2.6% | -1.5% | — |
| RattanIndia Enterprises Limited | ₹26 | ₹3,645 cr | 59.9 | 7.9% | 0.8% | — |
| Intrasoft Technologies Limited | ₹90 | ₹147 cr | 8.1 | 6.8% | 3.3% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Bonus issue | 1:5 | 10 Nov 2022 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.