Beauty business at 10.1% EBITDA margin
What: Beauty segment now profitable with 10.1% EBITDA margin, highest ever
Impact: +₹1200 Cr revenue
“EBITDA of beauty business stands at 10.1% of net revenue (Vishal, CFO)”
FSN E-Commerce Ventures Ltd (New age - Platform - E-Retail) — fundamental analysis, earnings data, and key metrics. PE: 455.0. ROE: 5.2%. This stock is not currently in the Nifty 500 momentum outperformers list.
Based on Q3 FY26 earnings • Updated Mar 21, 2026
What: Beauty segment now profitable with 10.1% EBITDA margin, highest ever
Impact: +₹1200 Cr revenue
“EBITDA of beauty business stands at 10.1% of net revenue (Vishal, CFO)”
Earnings deceleration risks from management commentary
Trigger: Further labor code clarifications
Impact: -30 bps margin impact
Management view: Provision taken for new Labour Code impact (Vishal, CFO)
Monitor: One-time provisions
Key quotes from recent conference calls
“The EBITDA of the beauty business now stands at 10.1% of net revenue. On the fact that's for the quarter and for the nine month it stands at 9.4%. — Vishal, CFO”
“We've also been continuously fixing the underlying core platform... which has resulted in 340 basis points improvement in EBITDA margin also during the quarter. — Vishal, CFO”
“We have improved 574 bips of EBITDA margin coming out of fulfillment expenses, S&D cost and employee and other expenses. It's not only scale but even individually like packaging cost, cost, addressing leakages. — Vishal, CFO”
Forward-looking targets from management for 2-4 quarters
Revenue Growth Target
25%
Implied PAT Growth
100%
OPM Guidance
8%
Key Milestones
• Fashion business breakeven by Q1 FY27
• Sustain 8%+ EBITDA margins
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Mar 21, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
FSN E-Commerce Ventures Ltd's latest quarterly results (Dec 2025) show
FSN E-Commerce Ventures Ltd's current PE ratio is 455.0x.
FSN E-Commerce Ventures Ltd's price-to-book ratio is 49.7x.
FSN E-Commerce Ventures Ltd's fundamental strength based on key financial ratios
FSN E-Commerce Ventures Ltd has a debt-to-equity ratio of N/A.
FSN E-Commerce Ventures Ltd's return ratios over recent years
FSN E-Commerce Ventures Ltd's operating cash flow is positive (FY2025).
FSN E-Commerce Ventures Ltd currently does not pay a significant dividend (yield 0.00%).
FSN E-Commerce Ventures Ltd's shareholding pattern (Dec 2025)
FSN E-Commerce Ventures Ltd's promoter holding has decreased recently.
FSN E-Commerce Ventures Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
FSN E-Commerce Ventures Ltd has 1 key growth catalyst identified from recent earnings analysis
FSN E-Commerce Ventures Ltd has 1 key risk worth monitoring
In Q3 FY26, FSN E-Commerce Ventures Ltd's management highlighted
FSN E-Commerce Ventures Ltd's management has provided the following forward guidance for 2-4 quarters
Based on quantitative research signals, here is why FSN E-Commerce Ventures Ltd may be worth studying
FSN E-Commerce Ventures Ltd investment thesis summary:
FSN E-Commerce Ventures Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.