Name: Latest research reports of FSN E-Commerce Ventures Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: FSN E-Commerce Ventures Ltd.
Rating: 3
Author: ICICI Securities Limited

FSN E-Commerce Ventures Ltd.

NSE: NYKAA | BSE: 543384 | ISIN: INE388Y01029 | Industry: Internet & Catalogue Retail
| Expensive Performer

198.3600 -5.17 (-2.54%)

NSE Jun 24, 2025 15:31 PM

28.06% Gain from 52W Low

Volume: 6.2M

FSN E-Commerce Ventures Ltd.

23 May 2024, 12:00AM

198.36

-2.54%

Revenue growth accelerates in Q4, but margin visibility remains uncertain

Hold: FSN E-Commerce Ventures Ltd.

Target

ICICI Securities Limited

Nykaa grew BPC GMV 30% YoY in Q4FY24 aided by ‘Pink Love Sale’. As a result, BPC gross margin declined by 150bps YoY.

Number of FII/FPI investors increased from 235 to 243 in Mar 2025 qtr.