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Buy FSN E-Commerce Ventures Ltd For Target Rs. 198 By Geojit Financial Services Ltd Strong revenue growth; BPC outperformed FSN E-Commerce Ventures Pvt Ltd (Nykaa) is a consumer technology platform provider that distributes beauty, fitness, healthcare, skincare and haircare products via online and physical stores. It has three operating segments: beauty and personal care (BPC), fashion and others, which include Nykaa Man, Superstore and international business. * In Q2FY25, Nykaa's revenue grew 24.4% YoY to Rs. 1,875cr, driven by robust performance of the Beauty and...
Buy FSN E-Commerce Ventures Ltd For Target Rs. 198 By Geojit Financial Services Ltd
Buy FSN E-Commerce Ventures Ltd For Target Rs. 198 By Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-04 03:42:53 pm
Buy FSN E-Commerce Ventures Ltd For Target Rs.250 By JM Financial Services Investments in customer acquisition drive margin miss In a quarter where consumption names disappointed, Nykaa delivered decent growth numbers with BPC/Fashion delivering 29%/10% YoY growth. Though BPC growth did get a boost from 80% YoY growth in eB2B business, core BPC GMV growth came in at a robust 26%. With customer acquisition remaining prominent, core BPC saw a dip in GMV-NSV conversion while ad expenses also inched up. Overall, the company reported 24.4% YoY growth in revenue to rea...
Buy FSN E-Commerce Ventures Ltd For Target Rs.250 By JM Financial Services
Buy FSN E-Commerce Ventures Ltd For Target Rs.250 By JM Financial Services
Source: JMFinancial Services
2024-12-02 09:56:39 am
Buy FSN E-Commerce Ventures Ltd For Target Rs.230 By JM Financial Services Growth posturing unlikely to impact medium-term margins Nykaa’s 2024 Investor Day showcased aggressive growth aspirations of the company across BPC and Fashion segment with eB2B already growing rapidly driven by a large penetration story. The company also guided towards FY26 EBITDA breakeven for Fashion, ahead of consensus and in-line with our estimates. Though management took a restrained approach in suggesting stable BPC EBITDA margins in the near-term, we believe contribution marg...
Buy FSN E-Commerce Ventures Ltd For Target Rs.230 By JM Financial Services
Buy FSN E-Commerce Ventures Ltd For Target Rs.230 By JM Financial Services
Source: JM Financial Services
2024-07-08 06:08:16 pm
FSN E-Commerce Ventures rises as its arm incorporates wholly owned subsidiary in Qatar FSN E-Commerce Ventures is currently trading at Rs. 173.45, up by 2.35 points or 1.37% from its previous closing of Rs. 171.10 on the BSE. The scrip opened at Rs. 172.00 and has touched a high and low of Rs. 174.90 and Rs. 171.00 respectively. So far 125178 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 195.40 on 10-Jan-2024 and a 52 week low of Rs. 130.00 on 14-Aug-2023. Last one week high and low of the scrip...
FSN E-Commerce Ventures rises as its arm incorporates wholly owned subsidiary in Qatar
FSN E-Commerce Ventures rises as its arm incorporates wholly owned subsidiary in Qatar
Source: Accord Fintech
2024-07-05 11:32:08 am
FSN E-Commerce Ventures rises as its arm incorporates Wholly Owned Subsidiary in Kuwait FSN E-Commerce Ventures is currently trading at Rs. 171.70, up by 2.15 points or 1.27% from its previous closing of Rs. 169.55 on the BSE. The scrip opened at Rs. 170.25 and has touched a high and low of Rs. 172.00 and Rs. 169.30 respectively. So far 92781 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 195.40 on 10-Jan-2024 and a 52 week low of Rs. 130.00 on 14-Aug-2023. Last one week high and low of the scrip ...
FSN E-Commerce Ventures rises as its arm incorporates Wholly Owned Subsidiary in Kuwait
FSN E-Commerce Ventures rises as its arm incorporates Wholly Owned Subsidiary in Kuwait
Source: Accord Fintech
2024-06-07 12:14:06 pm
Buy FSN E-Commerce Ventures Ltd For Target Rs.210 By JM Financial Services Tough macro environment ensures that growth comes at a cost While there have been murmurs of rising competition for Nykaa BPC, company seems to have retained its market share, if not increased it as well. The segment delivered 25%/20% GMV/NSV YoY growth. However, as reflected by 210bps YoY drop in contribution margin (CM), it did require the company to invest heavily. On the other hand, Fashion business delivered another strong quarter with 31% NSV growth along with 510bps improvement in C...
Buy FSN E-Commerce Ventures Ltd For Target Rs.210 By JM Financial Services
Buy FSN E-Commerce Ventures Ltd For Target Rs.210 By JM Financial Services
Source: JM Financial Services
2024-05-07 02:25:01 pm
Buy FSN E-Commerce Ventures Ltd For Target Rs.364 - Elara Capital Fashion segment posts positive surprise BPC revenue and earnings growth plateau in Q3FY24   FSN E-Commerce Ventures (NYKAA IN) online BPC segment posted in-line GMV growth of 24.6% YoY, on: 1) festive season boost, 2) positive impact of November sale and 3) strong growth in gross merchandise value (GMV) of its premium product portfolio (250+ brands – three-year GMV CAGR of 50%); revenue growth was lower at 19% Y...
Buy FSN E-Commerce Ventures Ltd For Target Rs.364 - Elara Capital
Buy FSN E-Commerce Ventures Ltd For Target Rs.364 - Elara Capital
Source: Elara Capital
2024-02-28 12:15:41 pm
FSN E-Commerce rises on approving arm`s investment in subsidiary FSN E-Commerce Ventures is currently trading at Rs. 164.25, up by 1.10 points or 0.67% from its previous closing of Rs. 163.15 on the BSE. The scrip opened at Rs. 164.15 and has touched a high and low of Rs. 166.00 and Rs. 163.05 respectively. So far 193956 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 195.40 on 10-Jan-2024 and a 52 week low of Rs. 114.30 on 26-Apr-2023. Last one week high and low of the scrip...
FSN E-Commerce rises on approving arm`s investment in subsidiary
FSN E-Commerce rises on approving arm`s investment in subsidiary
Source: Accord Fintech
2024-02-02 12:38:34 pm
Foot Locker to step into India, inks deals with Metro Brands, Nykaa Foot Locker will enter the Indian market in 2024 in partnership with local peer Metro Brands and cosmetics-to-fashion retailer Nykaa, the U.S.-based athleisure chain said on Wednesday, giving it a much wider global footprint. Metro Brands, which has over 700 stores across India, will exclusively own and operate Foot Locker stores in the country and focus on selling shoes from brands such as Nike and Adidas. Nykaa Fashion, owned by FSN E-Commerce Ventures, will operate Foot Locker's ...
Foot Locker to step into India, inks deals with Metro Brands, Nykaa
Foot Locker to step into India, inks deals with Metro Brands, Nykaa
Source: Reuters
2023-11-30 09:48:04 am
Buy FSN E-Commerce Ventures Ltd For Target Rs.210 - JM Financial With BPC segment expected to be in focus in festive Q3, Nykaa Fashion garnered majority attention in the current quarter. The segment delivered 32%/17% NSV growth on YoY/QoQ basis while also reaching record contribution margin (as % of NSV) of 4.7%. With Indian market increasingly attractive for BPC brands, BPC segment saw higher discounting by brands with Nykaa also seeing reversal of advertising income on the new platform. Overall, the company reported 25%YoY GMV growth with BPC/Fashion/Oth...
Buy FSN E-Commerce Ventures Ltd For Target Rs.210 - JM Financial
Buy FSN E-Commerce Ventures Ltd For Target Rs.210 - JM Financial
Source: JM Financial Institutional Securities Ltd
2023-11-20 02:53:35 pm