FSN E-Commerce Ventures Ltd (NYKAA) — shareholding pattern, promoter holding, financials and share price
About FSN E-Commerce Ventures Ltd (NYKAA)
FSN E-Commerce Ventures Ltd operates in the E-Retail/ E-Commerce industry, within the Consumer Services sector. It trades on the NSE as NYKAA and on the BSE under scrip code 543384. Its ISIN is INE388Y01029.
FSN E-commerce Ventures Ltd. (FSNEV) popularly known as "Nykaa" is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care, and fashion products, including owned brand products manufactured by it. [1]
FSN E-Commerce Ventures Limited, commonly known as Nykaa, is a leading Indian e-commerce company focusing on beauty, wellness, and fashion products. It operates through a hybrid model of online platforms and physical stores.
The company reported robust financial growth in Q3FY26, with a 27% YoY increase in net revenue and a record-high EBITDA margin of 8%, reflecting operational efficiencies and strategic retail expansion.
Listed peers in E-Retail/ E-Commerce: Meesho Ltd, Swiggy Ltd, Urban Company Ltd, Cartrade Tech Ltd, Brainbees Solutions Ltd, RattanIndia Enterprises Ltd.
Valuation & Returns
10 Jul 2026At ₹330 a share on 10 Jul 2026, FSN E-Commerce Ventures Ltd (NYKAA) was valued at a price-to-earnings ratio of 463.4x against an industry P/E of 78.58x and a price-to-book of 72.63x on a book value of ₹4.54 per share as of Mar 2025. Solomo computes return on equity of 15.67% and return on capital employed of 17.06% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 463.4x
- Industry P/E
- 78.58x
- P/B
- 72.63x
- EPS (TTM)
- ₹0.71
- Book value / share
- ₹4.54
- ROE
- 15.67%
- ROCE
- 17.06%
- ROA
- 5.12%
- Debt / equity
- 1.01x
- Dividend yield
- 0%
- EBITDA margin
- 7.66%
- 52-week range
- ₹200.25 – ₹330.85
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, FSN E-Commerce Ventures Ltd (NYKAA) reported revenue of ₹10,022 crore, net profit of ₹204 crore and earnings per share of ₹0.7. That compares with revenue of ₹7,950 crore and net profit of ₹72 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹2,648 crore and net profit ₹79 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 3,774 | 5,144 | 6,386 | 7,950 | 10,022 |
| Net profit (₹ cr) | 41 | 21 | 40 | 72 | 204 |
| EPS (₹) | 0.14 | 0.07 | 0.11 | 0.23 | 0.7 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 17.48% | 30.79% | 24.50% |
| Profit growth | 45.23% | -2.02% | 68.57% |
| Stock price CAGR | - | 31% | 51% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 52.08% of FSN E-Commerce Ventures Ltd (NYKAA) (down 0.01 pp QoQ), foreign institutional investors (FII) hold 13.73% and domestic institutional investors (DII) hold 24.08%. Market capitalisation was ₹94,506 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2021.
Largest disclosed public shareholders in Jun 2026: Sbi Contra Fund 4.22%, Harindarpal Singh Banga 2.86%, Icici Prudential Life Insurance Company Limited 2.71%, Mirae Asset Large & Midcap Fund 2.64%, Nippon Life India Trustee Ltd-A/C Nippon India Multi Cap Fund 2.29%, Hdfc Trustee Company Limited-Hdfc Flexi Cap Fund 1.87%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 52.08% | - | 13.73% | 24.08% | 47.92% |
| Mar 2026 | 52.09% | - | 12.4% | 25.35% | 47.91% |
| Dec 2025 | 52.1% | - | 12.14% | 25.35% | 47.9% |
| Sep 2025 | 52.12% | - | 12.54% | 24.98% | 47.88% |
| Jun 2025 | 52.14% | - | 11.64% | 23.65% | 47.86% |
| Mar 2025 | 52.16% | - | 8.83% | 25.2% | 47.84% |
| Dec 2024 | 52.16% | - | 9.04% | 23.56% | 47.84% |
| Sep 2024 | 52.18% | - | 10.13% | 21.84% | 47.82% |