Check Before You Invest : FSN E-Commerce Ventures Ltd

Q: Which industry/sub-sector does FSN E-Commerce Ventures Ltd belong to?

FSN E-Commerce Ventures Ltd belongs to the Retail sector, operating specifically within the e-Commerce segment.

Q: Is FSN E-Commerce Ventures Ltd a good quality company?

FSN E-Commerce Ventures Ltd is a average quality company, based on a somewhat consistent multi-year financial track record. This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q: Is FSN E-Commerce Ventures Ltd undervalued or overvalued?

FSN E-Commerce Ventures Ltd appears Fair, as its key valuation ratios are in line with their past averages. Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more. Valuation Ratios. Price to Earnings, Current: 393.98, Historic Median: -. Price to Book, Current: 53.97, Historic Median: 40.73. Price to Sales, Current: 7.84, Historic Median: 7.99. EV to EBITDA, Current: 100.63, Historic Median: 128.76

Q: Is FSN E-Commerce Ventures Ltd a good buy now?

FSN E-Commerce Ventures Ltd is a good buy now, based on strong price trend analysis suggesting prices may rise. However, you need to check its quality and valuation before making a decision

Q: Revenue growth of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd revenue growth is 24.5% for FY-2025, which is below its 5-year CAGR of 35.08%, indicating slower growth.

Q: Gross Profit margin of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd Gross profit margin which is the profit after deduction of direct costs, is 5% for FY-2025, which is above its 5-year median of 4.6%, indicating increasing margins.

Q: Operating Profit Margin of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 5.97% for FY-2025, which is above its 5-year median of 5.43% indicating increasing margins.

Q: Net Profit Margin of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd Net Profit Margin is 0.93% for FY-2025, is in line with its 5-year median of 0.93%, indicating stable margins. Profitability Metrics. Gross Profit Margin (%), Current: 5, Historic Median: 4.6. Operating Profit Margin (%), Current: 5.97, Historic Median: 5.43. Net Profit Margin (%), Current: 0.93, Historic Median: 0.93

Q: Return on Asset of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd Return on Asset is 2.15%, which is in line with its 5-year historical median of 2.15%, indicating stable asset utilization efficiency.

Q: Return on capital employed (ROCE) of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd Return on capital employed is 11.21% for FY-2025, which is above its 5-year historical median of 8.07%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 11.25%, indicating value preservation.

Check Before You Invest : FSN E-Commerce Ventures Ltd

BSE: 543384 NSE: NYKAA ISIN: INE388Y01029

| Sector: Retail | Industry: e-Commerce

Snapshot

Q.1 Which industry/sub-sector does FSN E-Commerce Ventures Ltd belong to?

FSN E-Commerce Ventures Ltd belongs to the Retail sector, operating specifically within the e-Commerce segment.

Q.2 Is FSN E-Commerce Ventures Ltd a good quality company?

FSN E-Commerce Ventures Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is FSN E-Commerce Ventures Ltd undervalued or overvalued?

FSN E-Commerce Ventures Ltd appears Fair, as its key valuation ratios are in line with their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios	Current	5-year Historic Median
Price to Earnings	393.98	-
Price to Book	53.97	40.73
Price to Sales	7.84	7.99
EV to EBITDA	100.63	128.76

Q.4 Is FSN E-Commerce Ventures Ltd a good buy now?

FSN E-Commerce Ventures Ltd is a good buy now, based on strong price trend analysis suggesting prices may rise. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd revenue growth is 24.5% for FY-2025, which is below its 5-year CAGR of 35.08%, indicating slower growth.

Q.2 Gross Profit margin of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd Gross profit margin which is the profit after deduction of direct costs, is 5% for FY-2025, which is above its 5-year median of 4.6%, indicating increasing margins.

Q.3 Operating Profit Margin of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 5.97% for FY-2025, which is above its 5-year median of 5.43% indicating increasing margins.

Q.4 Net Profit Margin of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd Net Profit Margin is 0.93% for FY-2025, is in line with its 5-year median of 0.93%, indicating stable margins.

	Current Level	5-year Historic Median
Gross Profit Margin (%)	5	4.6
Operating Profit Margin (%)	5.97	5.43
Net Profit Margin (%)	0.93	0.93

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd Return on Asset is 2.15%, which is in line with its 5-year historical median of 2.15%, indicating stable asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd Return on capital employed is 11.21% for FY-2025, which is above its 5-year historical median of 8.07%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 11.25%, indicating value preservation.

Q.7 Return on Equity (ROE) of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd Return on equity is 5.9% for FY-2025, which is above its 5-year historical median of 4.58%, indicating the business is making better use of its shareholders capital.

Q.8 Cash conversion cycle of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd Cash conversion cycle is 46 days, in line with its 5-year historical median of 46 days, indicating stable working capital management. However, you need to compare this with its peers in the industry.

	Current Level	5-year Historic Median
Asset Turnover (x)	2.32	2.12
ROE (%)	5.9	4.58
ROCE (%)	11.21	8.07
Cash Conversion Cycle	46 days	46 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd Debt-to-Equity ratio is 0.76, which is above the industry average of 0.11, indicating higher debt levels in the industry.

Q.10 Debt to cash flow from operations of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd Debt to cash flow from operations is 2.06, which is at a moderate level.

Ownership & governance

D: Promoter shareholding and pledge status of FSN E-Commerce Ventures Ltd?

Q.1 Promoter shareholding and pledge status of FSN E-Commerce Ventures Ltd?

Promoters hold 52.09% of the FSN E-Commerce Ventures Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does FSN E-Commerce Ventures Ltd performance compare with that of its Peers?

Q.1 Revenue growth of FSN E-Commerce Ventures Ltd vs industry peers?

FSN E-Commerce Ventures Ltd revenue CAGR is 35.08%, compared to the industry median CAGR of 35.08%, indicating stable growth and maintaining its market share.

Profit Metrics

	Current Level	5-year Industry Median
Revenue Growth (%)	24.5	35.1
Gross Profit Growth (%)	34.5	51.1
Operating Profit Growth (%)	36.9	40.8
Net Profit Growth (%)	68.2	-

Operating Efficiency

	Current Level	5-year Industry Median
Asset Turnover (x)	2.32	1.86
ROE (%)	5.9	-
ROCE (%)	11.21	-33.29
Cash Conversion Cycle (days)	46.5	-12

Valuation & price assessment

Q.1 Stock return of FSN E-Commerce Ventures Ltd over the last decade?

Over the last 3 year(s), the stock has delivered a CAGR of 29.02% based on the current price.

	9Y	5Y	3Y	1Y
Share Price CAGR	-	-	29%	35.1%

Q.2 Valuation ratios of FSN E-Commerce Ventures Ltd vs historical?

The current P/E ratio of 393.98 is higher than its historical median of , indicating that the stock is trading above its historical average valuation.

Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	393.98	-	31.46
Price to Book	53.97	40.73	5.00
Price to Sales	7.84	7.99	7.95
EV to EBITDA	100.63	128.76	18.70

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Check Before You Invest : FSN E-Commerce Ventures Ltd

Snapshot

Performance Analysis

Ownership & governance

Peer comparison (industry-wise, mcap)

Profit Metrics

Operating Efficiency

Valuation & price assessment

Check more companies

Check trending companies

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