In a noteworthy turn of events, FSN E-Commerce Ventures’ Nykaa experienced a significant uptick in its stock price during the trading session on Monday, reaching Rs 340.25—a commendable increase of 2.05% from the previous close.
This surge is indicative of a decidedly bullish sentiment among investors as of August 3, 2026. Notably, this stock is a member of the esteemed Nifty Midcap 150 index.
Financial Performance
FSN E-Commerce Ventures Nykaa has showcased impressive financial growth on both quarterly and annual fronts.
The consolidated financial reports reveal a consistent trajectory of revenue and net profit enhancements, signaling robust operational performance.
Quarterly Consolidated Financials (Rupees in Crore)
| Metric | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 2,061.76 | 2,154.94 | 2,345.98 | 2,873.26 | 2,648.17 |
| Net Profit | 19.05 | 24.47 | 32.98 | 67.74 | 78.75 |
| EPS | 0.07 | 0.08 | 0.12 | 0.22 | 0.27 |
Quarterly revenues exhibited a remarkable rise, escalating from Rs 2,061.76 Crore in March 2025 to Rs 2,648.17 Crore by March 2026.
Concurrently, net profits surged from Rs 19.05 Crore to Rs 78.75 Crore, a noteworthy year-on-year increase for the March quarter. Earnings Per Share (EPS) ascended from 0.07 to 0.27 within the same timeframe.
Annual Consolidated Financials (Rupees in Crore)
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | 3,773.94 | 5,143.80 | 6,385.63 | 7,949.82 | 10,022.35 |
| Net Profit | 41.29 | 24.82 | 43.72 | 73.70 | 203.94 |
| EPS | 0.88 | 0.07 | 0.11 | 0.23 | 0.70 |
| BVPS | 28.38 | 4.88 | 4.42 | 4.55 | 5.02 |
| ROE (%) | 3.06 | 1.39 | 2.55 | 5.07 | 13.86 |
| Debt to Equity | 0.25 | 0.33 | 0.54 | 0.74 | 0.52 |
Yearly, the company’s revenue showcased exemplary growth, expanding from Rs 3,773.94 Crore in 2022 to Rs 10,022.35 Crore in 2026.
Notably, the net profit reached an impressive Rs 203.94 Crore in 2026, up from Rs 73.70 Crore in 2025.
Furthermore, the Return on Equity (ROE) experienced significant enhancement, rising to 13.86% in 2026 compared to 5.07% the previous year.
The Debt to Equity ratio was reduced to 0.52 in 2026, indicating an improvement in financial leverage.
Standalone Income Statement (Rupees in Crore)
Annual Standalone Income Statement
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Sales | 187 | 217 | 257 | 419 | 356 |
| Other Income | 115 | 128 | 184 | 157 | 189 |
| Total Income | 303 | 346 | 442 | 577 | 545 |
| Total Expenditure | 175 | 258 | 345 | 472 | 420 |
| EBIT | 127 | 88 | 96 | 105 | 125 |
| Interest | 5 | 7 | 6 | 7 | 12 |
| Tax | 18 | 19 | -27 | 0 | 25 |
| Net Profit | 103 | 61 | 117 | 97 | 87 |
On a standalone basis, net profit rose substantially to Rs 103 Crore in March 2026, compared to Rs 61 Crore the previous year.
Quarterly Standalone Income Statement
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 |
|---|---|---|---|---|---|
| Sales | 102 | 95 | 76 | 81 | 88 |
| Other Income | 61 | 47 | 40 | 40 | 37 |
| Total Income | 163 | 143 | 117 | 121 | 125 |
| Total Expenditure | 108 | 111 | 98 | 102 | 103 |
| EBIT | 54 | 31 | 19 | 19 | 22 |
| Interest | 4 | 2 | 2 | 2 | 1 |
| Tax | 8 | 7 | 4 | 4 | 5 |
| Net Profit | 41 | 21 | 12 | 12 | 14 |
The quarterly standalone net profit surged to Rs 41 Crore in March 2026, a significant increase from Rs 14 Crore recorded in March 2025.
Cash Flow (Rupees in Crore)
| Cash Flow From | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Operating Activities | 63 | 142 | -31 | -3 | 72 |
| Investing Activities | -194 | -146 | -31 | -37 | -944 |
| Financing Activities | 130 | 7 | 52 | 21 | 872 |
| Net Cash Flow | 0 | 4 | -9 | -20 | 0 |
For the fiscal year ending March 2026, the company reported a positive cash flow from operating activities amounting to Rs 63 Crore, down from Rs 142 Crore the previous year.
Balance Sheet (Rupees in Crore)
| Equities & Liabilities | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Share Capital | 286 | 285 | 285 | 285 | 47 |
| Reserves & Surplus | 1,516 | 1,373 | 1,341 | 1,363 | 1,502 |
| Total Liabilities | 2,162 | 1,889 | 1,812 | 1,786 | 1,690 |
| Total Assets | 2,162 | 1,889 | 1,812 | 1,786 | 1,690 |
As of March 2026, total liabilities and total assets both stood at Rs 2,162 Crore, an increase from Rs 1,889 Crore recorded in March 2025.
Key Ratios
| Ratio | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Basic EPS (Rs.) | 0.31 | 0.34 | 0.41 | 0.22 | 2.22 |
| Diluted EPS (Rs.) | 0.31 | 0.34 | 0.41 | 0.21 | 2.20 |
| Book Value/Share (Rs.) | 6.30 | 5.80 | 5.70 | 5.78 | 32.69 |
| P/E (x) | 758.06 | 526.71 | 395.00 | 564.77 | 126.84 |
| P/B (x) | 37.35 | 30.85 | 28.42 | 21.29 | 51.66 |
The Price-to-Earnings (P/E) ratio for FSN E-Commerce Ventures Nykaa reached 758.06 in March 2026, substantially higher than 526.71 in the preceding year, indicating a marked increase in investor valuation.
The Price-to-Book (P/B) ratio also rose from 30.85 to 37.35 within the same period, whilst the basic EPS totaled 0.31 for March 2026.
Corporate Actions
FSN E-Commerce Ventures Nykaa executed a bonus issue on October 3, 2022, establishing a bonus ratio of 5:1, thereby issuing five new shares for every existing share. The ex-bonus date was set for November 10, 2022, while the record date fell on November 11, 2022.
Recent corporate communications included the Integrated Annual Report and the Notice for the Annual General Meeting for FY2025-26, as well as the Business Responsibility and Sustainability Report for the same fiscal period, all of which were disclosed on August 1, 2026.
The current trading price of Rs 340.25 signifies a positive upward trajectory, reflective of exceptional financial performance and an optimistic investor outlook.
Source link: Moneycontrol.com.
