Item: FSN E-Commerce Ventures Ltd.
Rating: 1
Author: HDFC Securities

FSN E-Commerce Ventures Ltd.

31 May 2023, 02:06PM

126.10

0.84%

Earnings Call

FSN E-Commerce Ventures Ltd - 543384 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

BSE India

Please find enclosed the Transcript of the Conference Call for analyst/institutional investors for discussing Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2023

pdf

Comment

FSN E-Commerce Ventures Ltd.

30 May 2023, 06:33PM

126.10

0.84%

Company Update

FSN E-Commerce Ventures Ltd - 543384 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - …

BSE India

Please find enclosed the schedule of Investor Meeting / Conference that will be hosted by the Company.

pdf

Comment

FSN E-Commerce Ventures Ltd.

28 May 2023

126.10

0.84%

Company Update

FSN E-Commerce Ventures Ltd - 543384 - Compliances-Reg.24(A)-Annual Secretarial Compliance

BSE India

Pursuant to Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the relevant Circular(s) issued by SEBI from time to time, please find enclosed the Annual Secretarial Compliance Report for the financial year ended March 31, 2023.

pdf

Comment

FSN E-Commerce Ventures Ltd.

26 May 2023

126.10

0.84%

Reduce Fsn E-commerce Ventures (Nykaa); target of Rs 120: HDFC Securities

Moneycontrol

HDFC Securities recommended reduce rating on Fsn E-commerce Ventures (Nykaa) with a target price of Rs 120 in its research report dated May 24, 2023.

Comment

FSN E-Commerce Ventures Ltd. is trading below it's 50 day SMA of 127.8

FSN E-Commerce Ventures Ltd.

25 May 2023

126.10

0.84%

Nykaa feels blues despite pink sale

livemint

Consolidated Ebitda margin rose 147 basis points (bps) year-on-year and nearly 9bps sequentially to 5.4%.

Comment

FSN E-Commerce Ventures Ltd. is trading above it's 30 day SMA of 124.9

Nykaa Q4 results: Share price falls over 2% after Q4 profit plunges nearly 72%

livemint | 25 May 2023 6 more

FSN E-Commerce Ventures Ltd.

25 May 2023

126.10

0.84%

Company Update

FSN E-Commerce Ventures Ltd - 543384 - Announcement under Regulation 30 (LODR)-Newspaper Publication

BSE India

Please find enclosed the Newspaper Advertisements for the Audited Consolidated Financial Results of the Company for the quarter and financial year ended March 31, 2023

pdf

Comment

FSN E-Commerce Ventures Ltd.

25 May 2023

126.10

0.84%

Company Update

FSN E-Commerce Ventures Ltd - 543384 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

BSE India

Allotment of 51,400 Equity Shares against the exercise of vested Employee Stock Options under ESOS 2017.

pdf

Comment

FSN E-Commerce Ventures Ltd.

25 May 2023

126.10

0.84%

Company Update

FSN E-Commerce Ventures Ltd - 543384 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - …

BSE India

Please find enclosed the schedule of Investor Meetings which will be attended by the Official(s) of the Company.

pdf

Comment

FSN E-Commerce Ventures Ltd.

25 May 2023

126.10

0.84%

HSIE Results Daily: Ashok Leyland, Fsn E-commerce Ventures (Nykaa), Hitachi Energy, Galaxy Surfactants, Sudarshan Chemical, J. Kumar Infraprojects

Sell: FSN E-Commerce Ventures Ltd.

Target

HDFC Securities

Sudarshan Chemical: We maintain REDUCE on Sudarshan Chemical (SCIL), with a price target of INR 454 (WACC 11%, terminal growth 3.5%). SCIL has product offerings similar to those of the global players but has been unable to gain market share, post the exit of the global majors. The stock is trading at 19x FY25E EPS, which we believe is contextually high (RoE of 14/17% for FY24/FY25E). Q4 EBITDA/APAT were 89/579% above our estimates, mainly owing to a 26% rise in revenue, lower-than-anticipated raw material cost and tax rate. J. Kumar Infraprojects: JKIL reported an operationally weak quarter, with revenue/EBITDA/APAT at 11.3/1.6/0.7bn, missing our estimates on all fronts. It received orders worth INR 26.5bn in FY23 (~53% of INR 50bn inflow guidance), taking the OB as of Mar'23 to INR 118.5bn (~2.8x FY23 revenue, ex of L1 INR 4.7bn). JKIL guided for FY24 revenue to grow by 15% YoY with EBITDA margins at 14-15%. On order inflow, (OI) it guided for INR 50bn. Gross debt increased marginally in Q4FY23 to INR 5.2bn as of Mar'23 vs. INR 4.8bn as of Dec'22, leading to a D/E of 0.22x. FY24 capex guidance stands at INR 1.5bn. Further, it guided for debt levels and NWC days to remain at FY23 levels during FY24. With ~62% utilization of fund-based limits, the company is well placed to incur any additional capex required. We maintain our ADD rating on the stock, with an unchanged target price of INR 351/sh (8x Mar-25E EPS). Ashok Leyland: Ashok Leyland's Q4 PAT, at INR 6.9bn, was ahead...

Comment

FSN E-Commerce Ventures Ltd. is trading above it's 30 day SMA of 124.9

FSN E-Commerce Ventures Ltd.

25 May 2023

126.10

0.84%

FSN E-Commerce Ventures (NYkaa) Results Earnings Call for Q4FY23

Conference Call with FSN E-Commerce Ventures Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript.
Management in attendance: Falguni Nayar and Senior Team

Comment

VOTE: Is FSN E-Commerce Ventures Ltd. worth buying?

57 Votes:

Buy 66.67%

Sell 26.32%

Hold 7.02%

RESEARCH REPORTS

Sell SEE REPORTS >

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Buy SEE REPORTS >

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