Financials FSN E-Commerce Ventures Limited

Equities

NYKAA

INE388Y01029

Department Stores

Market Closed - NSE India S.E. 12:42:31 30/04/2024 BST 5-day change 1st Jan Change
176.8 INR +0.08% Intraday chart for FSN E-Commerce Ventures Limited +5.21% +1.61%

Valuation

Fiscal Period: March 2022 2023 2024 2025 2026
Capitalization 1 801,024 354,417 504,834 - -
Enterprise Value (EV) 1 801,684 358,606 511,669 512,620 512,317
P/E ratio 1,942 x 1,775 x 1,077 x 232 x 116 x
Yield - - - - 0.04%
Capitalization / Revenue 21.2 x 6.89 x 7.97 x 6.24 x 4.98 x
EV / Revenue 21.2 x 6.97 x 8.08 x 6.34 x 5.05 x
EV / EBITDA 491 x 140 x 146 x 86.9 x 56.1 x
EV / FCF -179 x -103 x 2,286 x 252 x 174 x
FCF Yield -0.56% -0.97% 0.04% 0.4% 0.58%
Price to Book 59.8 x 25.7 x 35.3 x 30.7 x 24.9 x
Nbr of stocks (in thousands) 2,844,629 2,852,447 2,856,203 - -
Reference price 2 281.6 124.2 176.8 176.8 176.8
Announcement Date 27/05/22 24/05/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Net sales 1 - 37,739 51,438 63,360 80,904 101,404
EBITDA 1 - 1,633 2,560 3,495 5,900 9,137
EBIT 1 - 668.4 827.9 1,281 3,454 6,077
Operating Margin - 1.77% 1.61% 2.02% 4.27% 5.99%
Earnings before Tax (EBT) 1 - 473.1 384 722.1 2,818 5,595
Net income 1 618.5 410.8 192.6 500.9 2,033 4,053
Net margin - 1.09% 0.37% 0.79% 2.51% 4%
EPS 2 6.678 0.1450 0.0700 0.1641 0.7620 1.522
Free Cash Flow 1 - -4,479 -3,484 223.8 2,034 2,949
FCF margin - -11.87% -6.77% 0.35% 2.51% 2.91%
FCF Conversion (EBITDA) - - - 6.4% 34.48% 32.27%
FCF Conversion (Net income) - - - 44.69% 100.07% 72.76%
Dividend per Share 2 - - - - - 0.0667
Announcement Date 03/08/21 27/05/22 24/05/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 - 10,984 9,733 11,484 12,308 14,628 13,017 14,218 15,354 17,999 16,456 18,204
EBITDA 1 - 689.8 385.2 460.5 611.4 781.6 706.9 734.7 855.2 1,122 930.3 -
EBIT 1 - 497.7 80.35 150.4 226.4 274.6 176.5 215.5 514.2 719.4 325.6 440
Operating Margin - 4.53% 0.83% 1.31% 1.84% 1.88% 1.36% 1.52% 3.35% 4% 1.98% 2.42%
Earnings before Tax (EBT) 1 - - 58.16 83.4 - - 86.29 97.19 162 463 259 -
Net income 1 - 279.3 85.6 45.5 41.08 81.93 24.11 33.03 137.5 286 138.2 -
Net margin - 2.54% 0.88% 0.4% 0.33% 0.56% 0.19% 0.23% 0.9% 1.59% 0.84% -
EPS 2 0.005000 0.1000 0.0300 0.0167 0.0150 0.0300 0.0100 0.0200 0.0950 0.1310 0.0524 0.0597
Dividend per Share 2 - - - - - - - - - - - -
Announcement Date 01/12/21 09/02/22 27/05/22 05/08/22 01/11/22 13/02/23 24/05/23 11/08/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Net Debt 1 - 660 4,190 6,835 7,786 7,483
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - 0.4042 x 1.636 x 1.956 x 1.32 x 0.819 x
Free Cash Flow 1 - -4,479 -3,484 224 2,035 2,949
ROE (net income / shareholders' equity) - 4.49% 1.42% 3.47% 13.1% 22%
ROA (Net income/ Total Assets) - - 0.69% 1.4% 6.5% 11.2%
Assets 1 - - 27,981 35,779 31,279 36,185
Book Value Per Share 2 - 4.710 4.830 5.010 5.760 7.100
Cash Flow per Share 2 - -1.250 -0.5100 0.1700 0.5800 0.9600
Capex 1 - 940 2,082 1,434 1,629 1,701
Capex / Sales - 2.49% 4.05% 2.26% 2.01% 1.68%
Announcement Date 03/08/21 27/05/22 24/05/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
22
Last Close Price
176.8 INR
Average target price
177.9 INR
Spread / Average Target
+0.66%
Consensus
  1. Stock Market
  2. Equities
  3. NYKAA Stock
  4. Financials FSN E-Commerce Ventures Limited