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Last Updated on: 05 September, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 543384 | NSE: NYKAA

FSN E-Commerce Ventures Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: September 6, 2025, 12:38 am

Market Cap 69,491 Cr.
Current Price 243
High / Low 246/155
Stock P/E871
Book Value 4.55
Dividend Yield0.00 %
ROCE9.59 %
ROE5.16 %
Face Value 1.00
PEG Ratio58.57

Quick Insight

FSN E-Commerce Ventures Ltd's current market cap stands at a substantial ₹66,268 Cr., yet its P/E ratio is notably high at 831, indicating a potentially overvalued stock. With a ROE of 5.16% and ROCE of 9.59%, the company's profitability and capital efficiency seem modest. However, the OPM of 7% raises concerns about operational efficiency. The company's high P/BV ratio of 39.34x suggests an inflated stock price compared to its book value. Moreover, the significant borrowings of ₹1,321 Cr. alongside a CCC of 75 days may pose liquidity risks. Investors should exercise caution, considering these metrics point to potential overvaluation and financial leverage issues for FSN E-Commerce Ventures Ltd.

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for FSN E-Commerce Ventures Ltd

Competitors of FSN E-Commerce Ventures Ltd

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
FSN E-Commerce Ventures Ltd 69,491 Cr. 243 246/155871 4.550.00 %9.59 %5.16 % 1.00
Fone4 Communications (India) Ltd 12.2 Cr. 7.15 19.2/5.23 2.300.00 %33.0 %57.7 % 10.0
Cartrade Tech Ltd 12,403 Cr. 2,610 2,690/83779.9 4680.00 %7.59 %6.24 % 10.0
Zomato Ltd 3,17,398 Cr. 329 334/1901,062 31.40.00 %2.66 %1.71 % 1.00
Add-Shop E-Retail Ltd 28.4 Cr. 10.0 18.7/7.6212.0 39.90.00 %4.20 %2.98 % 10.0
Industry Average99,863.25 Cr419.84296.8093.690.00%10.28%11.63%7.75

All Competitor Stocks of FSN E-Commerce Ventures Ltd

Quarterly Result

MetricJun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
Sales 1,1481,2311,4631,3021,4221,5071,7891,6681,7461,8752,2672,0622,155
Expenses 1,1021,1701,3851,2311,3481,4261,6901,5751,6501,7712,1261,9282,014
Operating Profit 466178717381999396104141133141
OPM % 4%5%5%5%5%5%6%6%6%6%6%6%7%
Other Income 86610798775699
Interest 15202019192122212124323030
Depreciation 31385153525558606064707376
Profit before tax 89139101326202221454044
Tax % 32%35%27%51%34%30%31%50%36%37%39%52%44%
Net Profit 5582581791413261924
EPS in Rs 0.020.010.030.010.010.020.060.020.030.040.090.070.08

Last Updated: August 19, 2025, 3:10 pm

Below is a detailed analysis of the quarterly data for FSN E-Commerce Ventures Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:

  • For Sales, as of Jun 2025, the value is 2,155.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,062.00 Cr. (Mar 2025) to 2,155.00 Cr., marking an increase of 93.00 Cr..
  • For Expenses, as of Jun 2025, the value is 2,014.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,928.00 Cr. (Mar 2025) to 2,014.00 Cr., marking an increase of 86.00 Cr..
  • For Operating Profit, as of Jun 2025, the value is 141.00 Cr.. The value appears strong and on an upward trend. It has increased from 133.00 Cr. (Mar 2025) to 141.00 Cr., marking an increase of 8.00 Cr..
  • For OPM %, as of Jun 2025, the value is 7.00%. The value appears strong and on an upward trend. It has increased from 6.00% (Mar 2025) to 7.00%, marking an increase of 1.00%.
  • For Other Income, as of Jun 2025, the value is 9.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 9.00 Cr..
  • For Interest, as of Jun 2025, the value is 30.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 30.00 Cr..
  • For Depreciation, as of Jun 2025, the value is 76.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 73.00 Cr. (Mar 2025) to 76.00 Cr., marking an increase of 3.00 Cr..
  • For Profit before tax, as of Jun 2025, the value is 44.00 Cr.. The value appears strong and on an upward trend. It has increased from 40.00 Cr. (Mar 2025) to 44.00 Cr., marking an increase of 4.00 Cr..
  • For Tax %, as of Jun 2025, the value is 44.00%. The value appears to be improving (decreasing) as expected. It has decreased from 52.00% (Mar 2025) to 44.00%, marking a decrease of 8.00%.
  • For Net Profit, as of Jun 2025, the value is 24.00 Cr.. The value appears strong and on an upward trend. It has increased from 19.00 Cr. (Mar 2025) to 24.00 Cr., marking an increase of 5.00 Cr..
  • For EPS in Rs, as of Jun 2025, the value is 0.08. The value appears strong and on an upward trend. It has increased from 0.07 (Mar 2025) to 0.08, marking an increase of 0.01.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: August 23, 2025, 1:06 pm

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 5741,1111,7682,4413,7745,1446,3867,9508,359
Expenses 6011,0911,6852,2833,6104,8876,0397,4757,840
Operating Profit -272183158164257347475518
OPM % -5%2%5%6%4%5%5%6%6%
Other Income 4510122730302729
Interest 7274632477684108116
Depreciation 731607296173224266282
Profit before tax -37-32-1266473869127149
Tax % -25%-23%31%7%13%35%37%42%
Net Profit -28-25-16624121407283
EPS in Rs -3.47-2.87-1.906.820.140.070.110.230.28
Dividend Payout % 0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)10.71%36.00%487.50%-33.87%-48.78%90.48%80.00%
Change in YoY Net Profit Growth (%)0.00%25.29%451.50%-521.37%-14.91%139.26%-10.48%

FSN E-Commerce Ventures Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2018-2019 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:%
5 Years:35%
3 Years:28%
TTM:25%
Compounded Profit Growth
10 Years:%
5 Years:43%
3 Years:17%
TTM:107%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:2%
1 Year:11%
Return on Equity
10 Years:%
5 Years:4%
3 Years:3%
Last Year:5%

Last Updated: September 5, 2025, 3:30 pm

Balance Sheet

Last Updated: August 11, 2025, 3:59 pm

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital 1414151547285286286
Reserves 1082163074751,2921,0939771,015
Borrowings 833104133335937989691,321
Other Liabilities 1482353904797147731,1691,358
Total Liabilities 3537761,1241,3022,6462,9503,4013,980
Fixed Assets 34140227231483699668835
CWIP 002224313037
Investments 1013841038340
Other Assets 3084978921,0672,1382,1822,6683,108
Total Assets 3537761,1241,3022,6462,9503,4013,980

Below is a detailed analysis of the balance sheet data for FSN E-Commerce Ventures Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Mar 2025, the value is 286.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 286.00 Cr..
  • For Reserves, as of Mar 2025, the value is 1,015.00 Cr.. The value appears strong and on an upward trend. It has increased from 977.00 Cr. (Mar 2024) to 1,015.00 Cr., marking an increase of 38.00 Cr..
  • For Borrowings, as of Mar 2025, the value is 1,321.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 969.00 Cr. (Mar 2024) to 1,321.00 Cr., marking an increase of 352.00 Cr..
  • For Other Liabilities, as of Mar 2025, the value is 1,358.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,169.00 Cr. (Mar 2024) to 1,358.00 Cr., marking an increase of 189.00 Cr..
  • For Total Liabilities, as of Mar 2025, the value is 3,980.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,401.00 Cr. (Mar 2024) to 3,980.00 Cr., marking an increase of 579.00 Cr..
  • For Fixed Assets, as of Mar 2025, the value is 835.00 Cr.. The value appears strong and on an upward trend. It has increased from 668.00 Cr. (Mar 2024) to 835.00 Cr., marking an increase of 167.00 Cr..
  • For CWIP, as of Mar 2025, the value is 37.00 Cr.. The value appears strong and on an upward trend. It has increased from 30.00 Cr. (Mar 2024) to 37.00 Cr., marking an increase of 7.00 Cr..
  • For Investments, as of Mar 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 34.00 Cr. (Mar 2024) to 0.00 Cr., marking a decrease of 34.00 Cr..
  • For Other Assets, as of Mar 2025, the value is 3,108.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,668.00 Cr. (Mar 2024) to 3,108.00 Cr., marking an increase of 440.00 Cr..
  • For Total Assets, as of Mar 2025, the value is 3,980.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,401.00 Cr. (Mar 2024) to 3,980.00 Cr., marking an increase of 579.00 Cr..

However, the Borrowings (1,321.00 Cr.) are higher than the Reserves (1,015.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +-79-1006133-354-1400467
Cash from Investing Activity +31-16215-130-603140-10-205
Cash from Financing Activity +8223669-38927544-212
Net Cash Flow33-2690-34-3043449

Free Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-110.00-289.00-330.00-175.00-429.00-541.00-622.00474.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days451920119121411
Inventory Days114135160122150128119116
Days Payable1231001137762343952
Cash Conversion Cycle35546856971069475
Working Capital Days0-16-5367401014
ROCE %-1%5%13%7%6%7%10%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
Promoters52.38%52.34%52.28%52.28%52.26%52.24%52.22%52.20%52.18%52.16%52.16%52.14%
FIIs6.57%11.06%12.26%10.04%9.84%10.65%10.32%10.48%10.13%9.05%8.83%11.63%
DIIs3.01%6.35%7.86%11.58%14.31%15.25%17.16%18.29%21.83%23.56%25.20%23.64%
Public38.03%30.24%27.62%26.10%23.60%21.87%20.31%19.02%15.86%15.23%13.81%12.58%
No. of Shareholders3,21,1215,66,2825,77,9535,85,6985,65,1915,08,9365,20,7884,79,3944,73,2134,84,2564,72,4624,36,359

Shareholding Pattern Chart

No. of Shareholders

FSN E-Commerce Ventures Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Mirae Asset Large Cap Fund 31,535,616 1.39 556.4131,535,6162025-04-22 17:25:110%
Mirae Asset Large & Midcap Fund 29,720,382 1.39 524.3929,720,3822025-04-22 17:25:110%
Mirae Asset ELSS Tax Saver Fund 23,019,632 1.67 406.1623,019,6322025-04-22 17:25:110%
SBI Contra Fund 21,800,000 1.12 384.6421,800,0002025-04-22 17:25:110%
Mirae Asset Midcap Fund 19,000,853 2.01 335.2519,000,8532025-04-22 17:25:110%
Mirae Asset Focused Fund 18,237,754 3.9 321.7918,237,7542025-04-22 17:25:110%
SBI Large & Midcap Fund 16,400,000 1.13 289.3616,400,0002025-04-22 17:25:110%
Nippon India Focused Equity Fund 14,657,043 3.01 258.6114,657,0432025-04-22 17:25:110%
Invesco India Contra Fund 13,626,355 1.49 240.4213,626,3552025-04-22 17:25:110%
SBI Long Term Equity Fund 12,000,000 0.82 211.7312,000,0002025-04-22 17:25:110%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 1.001.001.001.0010.00
Basic EPS (Rs.) 0.230.110.070.881.39
Diluted EPS (Rs.) 0.230.110.070.871.39
Cash EPS (Rs.) 1.190.930.692.9085.72
Book Value[Excl.RevalReserv]/Share (Rs.) 4.554.424.8828.38325.92
Book Value[Incl.RevalReserv]/Share (Rs.) 4.554.424.8828.38325.92
Revenue From Operations / Share (Rs.) 27.8022.3618.0379.601621.00
PBDIT / Share (Rs.) 1.751.321.004.01115.00
PBIT / Share (Rs.) 0.820.530.391.9870.42
PBT / Share (Rs.) 0.440.240.130.9950.03
Net Profit / Share (Rs.) 0.250.150.080.8741.14
NP After MI And SOA / Share (Rs.) 0.230.110.060.8641.07
PBDIT Margin (%) 6.305.885.565.047.09
PBIT Margin (%) 2.952.372.192.484.34
PBT Margin (%) 1.601.080.741.253.08
Net Profit Margin (%) 0.920.680.481.092.53
NP After MI And SOA Margin (%) 0.830.500.371.082.53
Return on Networth / Equity (%) 5.072.551.393.0612.62
Return on Capital Employeed (%) 12.909.976.445.5817.46
Return On Assets (%) 1.660.940.651.554.75
Long Term Debt / Equity (X) 0.080.000.000.000.00
Total Debt / Equity (X) 0.730.530.330.240.38
Asset Turnover Ratio (%) 2.152.010.090.120.16
Current Ratio (X) 1.241.221.592.001.39
Quick Ratio (X) 0.580.580.751.090.66
Inventory Turnover Ratio (X) 0.010.050.120.250.11
Interest Coverage Ratio (X) 4.674.543.844.095.64
Interest Coverage Ratio (Post Tax) (X) 1.691.531.331.893.02
Enterprise Value (Cr.) 51981.3646697.8335439.4380141.670.00
EV / Net Operating Revenue (X) 6.547.316.8921.240.00
EV / EBITDA (X) 103.72124.17123.80421.290.00
MarketCap / Net Operating Revenue (X) 6.447.246.8321.220.00
Price / BV (X) 39.3436.6525.4859.760.00
Price / Net Operating Revenue (X) 6.447.246.8321.220.00

After reviewing the key financial ratios for FSN E-Commerce Ventures Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
  • For Basic EPS (Rs.), as of Mar 25, the value is 0.23. This value is below the healthy minimum of 5. It has increased from 0.11 (Mar 24) to 0.23, marking an increase of 0.12.
  • For Diluted EPS (Rs.), as of Mar 25, the value is 0.23. This value is below the healthy minimum of 5. It has increased from 0.11 (Mar 24) to 0.23, marking an increase of 0.12.
  • For Cash EPS (Rs.), as of Mar 25, the value is 1.19. This value is below the healthy minimum of 3. It has increased from 0.93 (Mar 24) to 1.19, marking an increase of 0.26.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 4.55. It has increased from 4.42 (Mar 24) to 4.55, marking an increase of 0.13.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 4.55. It has increased from 4.42 (Mar 24) to 4.55, marking an increase of 0.13.
  • For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 27.80. It has increased from 22.36 (Mar 24) to 27.80, marking an increase of 5.44.
  • For PBDIT / Share (Rs.), as of Mar 25, the value is 1.75. This value is below the healthy minimum of 2. It has increased from 1.32 (Mar 24) to 1.75, marking an increase of 0.43.
  • For PBIT / Share (Rs.), as of Mar 25, the value is 0.82. This value is within the healthy range. It has increased from 0.53 (Mar 24) to 0.82, marking an increase of 0.29.
  • For PBT / Share (Rs.), as of Mar 25, the value is 0.44. This value is within the healthy range. It has increased from 0.24 (Mar 24) to 0.44, marking an increase of 0.20.
  • For Net Profit / Share (Rs.), as of Mar 25, the value is 0.25. This value is below the healthy minimum of 2. It has increased from 0.15 (Mar 24) to 0.25, marking an increase of 0.10.
  • For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 0.23. This value is below the healthy minimum of 2. It has increased from 0.11 (Mar 24) to 0.23, marking an increase of 0.12.
  • For PBDIT Margin (%), as of Mar 25, the value is 6.30. This value is below the healthy minimum of 10. It has increased from 5.88 (Mar 24) to 6.30, marking an increase of 0.42.
  • For PBIT Margin (%), as of Mar 25, the value is 2.95. This value is below the healthy minimum of 10. It has increased from 2.37 (Mar 24) to 2.95, marking an increase of 0.58.
  • For PBT Margin (%), as of Mar 25, the value is 1.60. This value is below the healthy minimum of 10. It has increased from 1.08 (Mar 24) to 1.60, marking an increase of 0.52.
  • For Net Profit Margin (%), as of Mar 25, the value is 0.92. This value is below the healthy minimum of 5. It has increased from 0.68 (Mar 24) to 0.92, marking an increase of 0.24.
  • For NP After MI And SOA Margin (%), as of Mar 25, the value is 0.83. This value is below the healthy minimum of 8. It has increased from 0.50 (Mar 24) to 0.83, marking an increase of 0.33.
  • For Return on Networth / Equity (%), as of Mar 25, the value is 5.07. This value is below the healthy minimum of 15. It has increased from 2.55 (Mar 24) to 5.07, marking an increase of 2.52.
  • For Return on Capital Employeed (%), as of Mar 25, the value is 12.90. This value is within the healthy range. It has increased from 9.97 (Mar 24) to 12.90, marking an increase of 2.93.
  • For Return On Assets (%), as of Mar 25, the value is 1.66. This value is below the healthy minimum of 5. It has increased from 0.94 (Mar 24) to 1.66, marking an increase of 0.72.
  • For Long Term Debt / Equity (X), as of Mar 25, the value is 0.08. This value is below the healthy minimum of 0.2. It has increased from 0.00 (Mar 24) to 0.08, marking an increase of 0.08.
  • For Total Debt / Equity (X), as of Mar 25, the value is 0.73. This value is within the healthy range. It has increased from 0.53 (Mar 24) to 0.73, marking an increase of 0.20.
  • For Asset Turnover Ratio (%), as of Mar 25, the value is 2.15. It has increased from 2.01 (Mar 24) to 2.15, marking an increase of 0.14.
  • For Current Ratio (X), as of Mar 25, the value is 1.24. This value is below the healthy minimum of 1.5. It has increased from 1.22 (Mar 24) to 1.24, marking an increase of 0.02.
  • For Quick Ratio (X), as of Mar 25, the value is 0.58. This value is below the healthy minimum of 1. There is no change compared to the previous period (Mar 24) which recorded 0.58.
  • For Inventory Turnover Ratio (X), as of Mar 25, the value is 0.01. This value is below the healthy minimum of 4. It has decreased from 0.05 (Mar 24) to 0.01, marking a decrease of 0.04.
  • For Interest Coverage Ratio (X), as of Mar 25, the value is 4.67. This value is within the healthy range. It has increased from 4.54 (Mar 24) to 4.67, marking an increase of 0.13.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.69. This value is below the healthy minimum of 3. It has increased from 1.53 (Mar 24) to 1.69, marking an increase of 0.16.
  • For Enterprise Value (Cr.), as of Mar 25, the value is 51,981.36. It has increased from 46,697.83 (Mar 24) to 51,981.36, marking an increase of 5,283.53.
  • For EV / Net Operating Revenue (X), as of Mar 25, the value is 6.54. This value exceeds the healthy maximum of 3. It has decreased from 7.31 (Mar 24) to 6.54, marking a decrease of 0.77.
  • For EV / EBITDA (X), as of Mar 25, the value is 103.72. This value exceeds the healthy maximum of 15. It has decreased from 124.17 (Mar 24) to 103.72, marking a decrease of 20.45.
  • For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 6.44. This value exceeds the healthy maximum of 3. It has decreased from 7.24 (Mar 24) to 6.44, marking a decrease of 0.80.
  • For Price / BV (X), as of Mar 25, the value is 39.34. This value exceeds the healthy maximum of 3. It has increased from 36.65 (Mar 24) to 39.34, marking an increase of 2.69.
  • For Price / Net Operating Revenue (X), as of Mar 25, the value is 6.44. This value exceeds the healthy maximum of 3. It has decreased from 7.24 (Mar 24) to 6.44, marking a decrease of 0.80.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of FSN E-Commerce Ventures Ltd as of September 5, 2025 is: 166.87

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of September 5, 2025, FSN E-Commerce Ventures Ltd is Overvalued by 31.33% compared to the current share price 243.00

Intrinsic Value of FSN E-Commerce Ventures Ltd as of September 5, 2025 is: 191.68

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of September 5, 2025, FSN E-Commerce Ventures Ltd is Overvalued by 21.12% compared to the current share price 243.00

Last 5 Year EPS CAGR: 14.87%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of 14.13, which is a positive sign.
  2. The company has higher reserves (685.38 cr) compared to borrowings (602.50 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (67.44 cr) and profit (46.11 cr) over the years.
  1. The stock has a low average ROCE of 5.88%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 73.13, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in FSN E-Commerce Ventures Ltd:
    1. Net Profit Margin: 0.92%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 12.9% (Industry Average ROCE: 10.28%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 5.07% (Industry Average ROE: 11.63%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 1.69
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.58
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 871 (Industry average Stock P/E: 296.8)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.73
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

FSN E-Commerce Ventures Ltd. is a Public Limited Listed company incorporated on 24/04/2012 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L52600MH2012PLC230136 and registration number is 230136. Currently company belongs to the Industry of E-Commerce/E-Retail. Company's Total Operating Revenue is Rs. 419.95 Cr. and Equity Capital is Rs. 285.93 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
E-Commerce - Electronics/Food/Others104, Vasan Udyog Bhavan, Mumbai Maharashtra 400013companysecretary@nykaa.com
https://www.nykaa.com
Management
NamePosition Held
Mrs. Falguni NayarExe.Chairman & Mng.Director
Ms. Adwaita NayarExecutive Director
Mr. Anchit NayarExecutive Director
Ms. Santosh DesaiIndependent Director
Mr. Pradeep ParameswaranIndependent Director
Mr. Seshashayee SridharaIndependent Director
Mr. Milind SarwateIndependent Director
Mr. Sanjay NayarNon Executive Director
Mr. Milan KhakharNon Executive Director
Ms. Anita RamachandranIndependent Director

FAQ

What is the intrinsic value of FSN E-Commerce Ventures Ltd?

FSN E-Commerce Ventures Ltd's intrinsic value (as of 05 September 2025) is 166.87 which is 31.33% lower the current market price of 243.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹69,491 Cr. market cap, FY2025-2026 high/low of 246/155, reserves of ₹1,015 Cr, and liabilities of 3,980 Cr.

What is the Market Cap of FSN E-Commerce Ventures Ltd?

The Market Cap of FSN E-Commerce Ventures Ltd is 69,491 Cr..

What is the current Stock Price of FSN E-Commerce Ventures Ltd as on 05 September 2025?

The current stock price of FSN E-Commerce Ventures Ltd as on 05 September 2025 is 243.

What is the High / Low of FSN E-Commerce Ventures Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of FSN E-Commerce Ventures Ltd stocks is 246/155.

What is the Stock P/E of FSN E-Commerce Ventures Ltd?

The Stock P/E of FSN E-Commerce Ventures Ltd is 871.

What is the Book Value of FSN E-Commerce Ventures Ltd?

The Book Value of FSN E-Commerce Ventures Ltd is 4.55.

What is the Dividend Yield of FSN E-Commerce Ventures Ltd?

The Dividend Yield of FSN E-Commerce Ventures Ltd is 0.00 %.

What is the ROCE of FSN E-Commerce Ventures Ltd?

The ROCE of FSN E-Commerce Ventures Ltd is 9.59 %.

What is the ROE of FSN E-Commerce Ventures Ltd?

The ROE of FSN E-Commerce Ventures Ltd is 5.16 %.

What is the Face Value of FSN E-Commerce Ventures Ltd?

The Face Value of FSN E-Commerce Ventures Ltd is 1.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in FSN E-Commerce Ventures Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE