# Nykaa share price today (FSN E-Commerce Ventures Ltd, NSE: NYKAA)

> Nykaa share price today: ₹355.50 at the NSE close on 4 November 2026, up 44.5% in a year. FSN E-Commerce Ventures (NSE: NYKAA) is worth ₹1,01,942 crore, trades at a P/E of 383.0 and has closed between ₹234.55 and ₹355.50 over the past 52 weeks. > FSN E-Commerce Ventures Ltd's results are improving, while its P/E is near the low end of its own history over 5 years, higher than only 7% of past readings. NYKAA · New age - Platform - E-Retail · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/fsn-e-commerce-ventures-ltd

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## Key numbers

- Business trend: Growing steadily, from fewer quarters than usual
- Price: ₹355.50 (+44.5% in a year)
- P/E: 383.0× (lower than 93% of the last 5 years)
- Revenue (Jun 2026): ₹2,782 Cr (+29.1% on a year ago)
- Profit (Jun 2026): ₹80.0 Cr (+233.3% on a year ago)
- Operating margin: 8.0% (+1.0 points on a year ago)
- ROCE: 17%, FY26
- Profit that came in as cash: 352%, last 3 years

The main question: yearly earnings per share moved +204.3% while the share price moved +44.5%. ## What is the Nykaa share price today? FSN E-Commerce Ventures Ltd's share price was ₹355.50 at the close on 4 November 2026. It has been rising for 78 weeks. That is 18.8% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹235 and ₹356, and at that close it was at the high of that range. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 29 weeks in a row. Over the last 5 years the share price moved −10% while the NIFTY 500 moved +42%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Nykaa this quarter? Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), profit up on a year earlier for 11 quarters in a row (every quarter we can compare) and foreign funds (FIIs) raised their stake for 3 quarters in a row. 1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare) In the June 2026 quarter revenue was ₹2,782 crore, +29.1% on a year earlier. Why: Revenue rose because Fashion sold more after widening its clothes and home range. Next results: check whether Fashion growth holds as Nike sales become part of last year's comparison. From the earnings call on 4 Aug 2026. 2. Profit up on a year earlier for 11 quarters in a row (every quarter we can compare) In the June 2026 quarter profit was ₹80 crore, +233.3% on a year earlier. Why: Profit rose because Fashion made a profit for the quarter after being loss making. Next results: check whether Nykaa Now grows without pulling down overall earnings. From the earnings call on 4 Aug 2026. 3. Foreign funds (FIIs) raised their stake for 3 quarters in a row From 12.2% to 15.7% of the company by the September 2026 quarter. ## What are Nykaa's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Nykaa reported revenue of ₹2,782 crore, up 29.1% from ₹2,155 crore a year earlier, and a profit of ₹80.0 crore, up 233.3% from ₹24.0 crore. ### Nykaa results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹2,782 crore | ₹2,155 crore | +29.1% |
| Profit | ₹80.0 crore | ₹24.0 crore | +233.3% |
| Earnings per share | ₹0.28 | ₹0.08 | +250.0% |
| Operating margin | 8.0% | 7.0% | +1.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Nykaa's management discussed these results on a call held on 4 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Nykaa share price history? Nykaa closed at ₹355.50 on 4 November 2026, up 44.5% from ₹245.95 a year earlier (7 November 2025) and down 9.6% over five years. Its highest weekly close since November 2021 was ₹405.80 on 26 November 2021. ### Nykaa share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹350.70 | +1.4% |
| 1 month ago · 1 Oct 2026 | ₹323.20 | +10.0% |
| 6 months ago · 8 May 2026 | ₹272.90 | +30.3% |
| 1 year ago · 7 Nov 2025 | ₹245.95 | +44.5% |
| 3 years ago · 3 Nov 2023 | ₹140.30 | +153.4% |
| 5 years ago · 12 Nov 2021 | ₹393.15 | −9.6% |
| Earliest weekly close in our records · 12 Nov 2021 | ₹393.15 | −9.6% |
| Highest weekly close since November 2021 · 26 Nov 2021 | ₹405.80 | −12.4% |
| Lowest weekly close since November 2021 · 21 Apr 2023 | ₹120.65 | +194.7% |
| 52-week high (weekly close) · 4 Nov 2026 | ₹355.50 | 0.0% |
| 52-week low (weekly close) · 23 Jan 2026 | ₹234.55 | +51.6% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (267 weekly closes from 12 November 2021 to 4 November 2026.)

## What is the latest news on Nykaa? 4 Nov 2026: Nykaa closed at ₹355.50, up 1.4% on the week and up 10.0% on the month. 4 Aug 2026: Nykaa held its results call for April to June 2026. Management guided: Nykaa Now presence above 25 cities by end FY27, with meaningful order share through the fulfillment model. ### Earlier

- Results for April to June 2026: Revenue up 29.1% and profit up 233.3% on a year earlier. ## What dividend does Nykaa pay? Nykaa has paid no dividend on the NSE since its first NSE close in our records (12 November 2021), the start of the period we checked. No. FSN E-Commerce Ventures Ltd paid out 0% of its profit as dividends in each of its last 9 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 5 November 2026.)

## What did Nykaa management say on the latest results call? On the call for April to June 2026, held on 4 August 2026, Nykaa's management guided: Nykaa Now presence above 25 cities by end FY27, with meaningful order share through the fulfillment model. > “The improvement in EBITDA that we are now seeing after Q4 and in the first quarter of this year is structural in nature.”
> Abhijit Dabbas, on the call for April to June 2026

### What management guided

- Superstore NSV yearly growth above 35% by FY30. - Fashion growth of 3-3.5 times over 4-5 years. - Remaining 49% stake in the premium dermacosmetics brand to be acquired over the next few years. - Relevant Nykaa consumer TAM estimated at 65-100 million over five years, including men and broad price points. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/44845/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 4 August 2026.)

## What to watch in Nykaa's next results? When Nykaa reports July to September 2026, these are the 3 checks that show whether the story is still on course. First: Superstore NSV growth to strengthen as GST-related MRP effects normalize from Q3 - check NSV-GMV convergence. - What to check (from the call)
- Superstore NSV growth to strengthen as GST-related MRP effects normalize from Q3 - check NSV-GMV convergence. - Nykaa Now rollout to broaden without operating profit dilution - check purchase frequency and fulfillment cost. - Premium dermacosmetics integration and next-stage stake transfer - check R&D-led launches and salon-distribution traction. ## Which stock lists is Nykaa on? Nykaa is on 3 of our India lists: Momentum stocks, 52 week high & low and Small & mid cap stocks. - [Momentum stocks Market cap cr: 101839.78531558608](https://www.sectoralpha.in/momentum-stocks-india)
- [52 week high & low 52-week position: At 52-week high](https://www.sectoralpha.in/52-week-high-stocks-india)
- [Small & mid cap stocks Size rank in India: 109](https://www.sectoralpha.in/small-cap-stocks-india)

## Is Nykaa profitable? FSN E-Commerce Ventures Ltd earned ₹80.0 Cr of net profit in the Jun 2026 quarter, +233.3% on the same quarter a year earlier. That is the 11th quarter in a row of profit growth. Full-year FY26 profit was ₹204 Cr. That is 2.9% of the quarter's revenue. The same quarter a year earlier earned ₹24.0 Cr. For the full year, FY26 profit was ₹204 Cr (+183.3% on the year before). Why profit moved: revenue changed +29.1% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +216.1% and revenue +27.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Nykaa make, and is it growing? FSN E-Commerce Ventures Ltd reported ₹2,782 Cr of revenue in the Jun 2026 quarter, +29.1% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 8 years it has grown 43.0% a year on average. The last full year, FY26, came in at ₹10,022 Cr. The last four reported quarters add to ₹10,649 Cr. FY26 revenue was ₹10,022 Cr, +26.1% on the year before. Recent pace: the last four quarters grew +27.3% on average, against 43.0% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +27.4%, against +26.0% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +217.1%, against +132.7% a year (accelerating). ## How much of every ₹100 of sales does Nykaa keep? FSN E-Commerce Ventures Ltd's operating margin was 8.0% in the Jun 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 9 years it has been between −4.6% and 8.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +2.0 percentage points on the year while gross margin changed +1.2 points. So the gain came mostly from the gross margin, which means input costs and prices charged. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is Nykaa's profit turning into cash? Over the last 3 years, 352% of FSN E-Commerce Ventures Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹644 Cr of operating cash against ₹204 Cr of profit. After ₹465 Cr of spending on assets, ₹179 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 352% of profit came in as cash: the cash cycle got 15 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Nykaa's cash go? FSN E-Commerce Ventures Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 71 days in FY26, up from 56 days in FY21. It spent ₹1,097 Cr on assets over the last 3 years. Customers take 11 days to pay, and stock sits for 109 days on average. At FY26 sales of ₹10,022 Cr, each day of that cycle ties up about ₹27.5 Cr, so roughly ₹1,949 Cr is tied up in the business at any time. FY26: customers took 11 days to pay and stock sat for 109 days, about 3.6 months of sales sitting as stock, for a full cycle of 71 days, longer than FY21's 56. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 109 days. Customers pay about 11 days after that. Suppliers are paid at 49 days. Together that makes the 71-day cycle. Spending on assets: ₹1,097 Cr over the last 3 years, against ₹810 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹9.0 Cr (FY26): assets paid for that are not earning yet. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Nykaa's P/E ratio, and how does it compare with its own history? FSN E-Commerce Ventures Ltd's P/E is 383.0×, near the low end of its own history: it has been lower only 7% of the time. Its usual P/E (the middle reading) is 1,221.0×, over 5 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹0.89. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved +204.3% while the price moved +44.5%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved −2.0% a year; about +33.4% a year came from earnings growth and about −35.4 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. The PEG ratio and its quarterly curve, which only the second data source has, are not shown on this page: its two data sources disagree by up to 28% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the Nykaa business getting better or worse? FSN E-Commerce Ventures Ltd's business is growing steadily. Revenue and EPS growth have stayed positive throughout, and ROCE is steady at 17.0%. This is based on 8 quarters of 4 measures, with some gaps. Why it matters: steady growth with healthy returns is how a business compounds over time. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Nykaa earn on its capital? FSN E-Commerce Ventures Ltd earned a ROCE of 17% in FY26. That is up from a low of −1% in FY19. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 2.0% net margin and 2.17× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 2.0% net margin × 2.17× asset turnover × 3.21× leverage (assets divided by equity) ≈ 13.9% on equity. The margin does its share; borrowing is a big part of it. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 28% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Nykaa have too much debt? FSN E-Commerce Ventures Ltd had ₹1,238 Cr of borrowings against ₹1,438 Cr of equity in FY26, so its debt is 0.86× its equity. Its operating profit is 6 times its interest bill. Over 5 years borrowings went from ₹333 Cr to ₹1,238 Cr. Over the last 3 of those years it spent ₹1,097 Cr on assets. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 28% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the Nykaa shareholding pattern? Foreign institutions raised their stake in FSN E-Commerce Ventures Ltd by 5.5 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 15.7% of the company. Domestic institutions moved +0.5 points over the same period, to 22.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +5.5 points over 8 quarters, to 15.7%; Domestic institutions: +0.5 points over 8 quarters, to 22.4%; Promoters: −0.1 points over 8 quarters, to 52.1%. Why the owners changed: foreign institutions drove it (+5.5 points), together with domestic institutions (+0.5 points). They raised their stake step by step. ## How far is Nykaa from balance-sheet trouble? For FSN E-Commerce Ventures Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Nykaa rank in its industry? 61.0 out of 100, rank 3 of 6 in New age - Platform - E-Retail, with 68% of the evidence available. FSN E-Commerce Ventures Ltd scores 61.0 out of 100 against the 6 companies it is compared with in New age - Platform - E-Retail, ranking 3. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 22.5 + 14.9 + 10 + 13.6 = 61. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Nykaa compared with? Nykaa ranks 3 of 6 New age - Platform - E-Retail companies on the 4-Factor Sector Score, with 61.0 out of 100. 1. [GNG Electronics Ltd](https://www.sectoralpha.in/stocks/gng-electronics-ltd) EBGNG · leader · Most evidence points up · 76% evidence 67.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Revenue 35.6% · Profit 88.2% · Operating margin change 2 points · 88% evidence Capital efficiency 17.4/25 · ROCE 20.2% · Operating margin 12% · 100% evidence Valuation 10.0/20 · P/E 52.8× · PEG n/a · 0% evidence Relative strength 20.0/20 · Lead over its industry 24.4% · Lead over NIFTY 500 50.4% · 1 year 96.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 20.3 + 17.4 + 10 + 20 = 67.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Honasa Consumer Ltd](https://www.sectoralpha.in/stocks/honasa-consumer-ltd) HONASA · turning · Evidence leans up · 86% evidence 61.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.5/35 · Revenue 21.1% · Profit 100% · Operating margin change 7 points · 88% evidence Capital efficiency 15.6/25 · ROCE 19.2% · Operating margin 15% · 100% evidence Valuation 8.0/20 · P/E 57.1× · PEG 2.13 · 50% evidence Relative strength 11.7/20 · Lead over its industry 2.4% · Lead over NIFTY 500 25.6% · 1 year 55.5% · 100% evidence · 8 of 12 weeks ahead Exact sum: 26.5 + 15.6 + 8 + 11.7 = 61.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. FSN E-Commerce Ventures Ltd this page NYKAA · leader · Evidence leans up · 68% evidence 61.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.5/35 · Revenue 27.4% · Profit 100% · Operating margin change 1 points · 83% evidence Capital efficiency 14.9/25 · ROCE 17.2% · Operating margin 8% · 76% evidence Valuation 10.0/20 · P/E 376× · PEG n/a · 0% evidence Relative strength 13.6/20 · Lead over its industry 3.6% · Lead over NIFTY 500 28.7% · 1 year 41.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.5 + 14.9 + 10 + 13.6 = 61 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Lenskart Solutions Ltd](https://www.sectoralpha.in/stocks/lenskart-solutions-ltd) LENSKART · breaking out · Evidence leans up · 66% evidence 57.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 34.3/43.75 · Revenue 37.1% · Profit 81% · Operating margin change 4 points · 88% evidence Capital efficiency 17.3/31.25 · ROCE 8.1% · Operating margin 22% · 100% evidence Valuation 6.3/25 · P/E 179× · PEG 3.63 · 50% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 34.3 + 17.3 + 6.3 = 57.9 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 5. [Meesho Ltd](https://www.sectoralpha.in/stocks/meesho-ltd) MEESHO · breaking out · Too little evidence to rank firmly · 51% evidence 47.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 34.6/43.75 · Revenue 39.8% · Profit 56.7% · Operating margin change 9 points · 74% evidence Capital efficiency 0.3/31.25 · ROCE -40% · Operating margin -6% · 100% evidence Valuation 12.5/25 · P/E n/a · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 34.6 + 0.3 + 12.5 = 47.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Brainbees Solutions Ltd](https://www.sectoralpha.in/stocks/brainbees-solutions-ltd) FIRSTCRY · quiet · Most evidence points down · 61% evidence 27.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.1/35 · Revenue 11.7% · Profit 29.2% · Operating margin change 1 points · 62% evidence Capital efficiency 5.2/25 · ROCE 0.6% · Operating margin 2.8% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 0.0/20 · Lead over its industry -44.9% · Lead over NIFTY 500 -28.9% · 1 year -54.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 12.1 + 5.2 + 10 + 0 = 27.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [New age - Platform - E-Retail](https://www.sectoralpha.in/sectors/new-age-platform-e-retail), all 6 compared on one page. ## Which companies are close to Nykaa in size? Nykaa is the 3rd largest of 6 New age - Platform - E-Retail companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Lenskart Solutions and Meesho. Just below it: Honasa Consumer, Brainbees Solutions and GNG Electronics. ### New age - Platform - E-Retail companies close in size

1. [Lenskart Solutions Ltd](https://www.sectoralpha.in/stocks/lenskart-solutions-ltd) ₹1,17,960 crore
2. [Meesho Ltd](https://www.sectoralpha.in/stocks/meesho-ltd) ₹1,03,221 crore
3. FSN E-Commerce Ventures Ltd ₹1,00,078 crore
4. [Honasa Consumer Ltd](https://www.sectoralpha.in/stocks/honasa-consumer-ltd) ₹14,414 crore
5. [Brainbees Solutions Ltd](https://www.sectoralpha.in/stocks/brainbees-solutions-ltd) ₹8,236 crore
6. [GNG Electronics Ltd](https://www.sectoralpha.in/stocks/gng-electronics-ltd) ₹7,518 crore

[All 6 New age - Platform - E-Retail companies, largest first](https://www.sectoralpha.in/sectors/new-age-platform-e-retail#all-companies)

### Companies close in size in other industries

1. [Aditya Birla Capital Ltd](https://www.sectoralpha.in/stocks/aditya-birla-capital-ltd) ₹1,01,156 crore · Conglomerate Backed NBFC
2. [Persistent Systems Ltd](https://www.sectoralpha.in/stocks/persistent-systems-ltd) ₹1,00,296 crore · IT - ER&D
3. FSN E-Commerce Ventures Ltd ₹1,00,078 crore
4. [Siemens Energy India Ltd](https://www.sectoralpha.in/stocks/siemens-energy-india-ltd) ₹99,831 crore · Electrical Equipments/HVDC
5. [Indus Towers Ltd](https://www.sectoralpha.in/stocks/indus-towers-ltd) ₹99,802 crore · Telecom Services

## What else do people ask about Nykaa? ### What is Nykaa's share price today? FSN E-Commerce Ventures Ltd's share price is ₹355.50, +44.5% over the past year. The whole company is worth ₹1,01,942 Cr on the market. It is at its highest price of the past 52 weeks (range ₹235 to ₹356), 18.8% above its 200-day average. The price has been rising for 78 weeks (as of 4 November 2026). ### What were Nykaa's latest quarterly results? FSN E-Commerce Ventures Ltd reported revenue of ₹2,782 Cr and net profit of ₹80.0 Cr for the Jun 2026 quarter. Revenue rose 29.1% and profit rose 233.3% compared with a year earlier. Earnings per share were ₹0.28. The operating margin was 8.0%, 1.0 percentage points higher than a year earlier (as of 4 November 2026). ### What is Nykaa's market cap? FSN E-Commerce Ventures Ltd's market capitalisation is ₹1,01,942 Cr at a share price of ₹355.50. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Nykaa performing? FSN E-Commerce Ventures Ltd's share price has been rising for 78 weeks. In its latest quarter, revenue rose 29.1% and profit rose 233.3% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 29 weeks running (as of 4 November 2026). ### Will Nykaa's share price go up? This page does not forecast FSN E-Commerce Ventures Ltd's share price. What it shows instead: the share price is ₹355.50, and it has been rising for 78 weeks. Its P/E of 383.0× is higher than 7% of its own last 5 years (as of 4 November 2026). ### Who owns Nykaa? Promoters own 52.1% of FSN E-Commerce Ventures Ltd, foreign institutions 15.7%, domestic institutions 22.4% and the public 9.9% (latest quarter). The biggest change over the last two years: Foreign institutions raised their stake by 5.5 percentage points over 8 quarters (as of 4 November 2026). ### Where is Nykaa in its business cycle? FSN E-Commerce Ventures Ltd's FY26 operating margin was 8.0%, against a 9-year range of −4.6% to 8.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 8.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Nykaa story? The main question: yearly earnings per share moved +204.3% while the share price moved +44.5%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Nykaa a stock worth studying right now? What the numbers show: FSN E-Commerce Ventures Ltd's results are improving, while its P/E is near the low end of its own history over 5 years, higher than only 7% of past readings. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a Nykaa share price forecast for 2026? What management itself guided: Nykaa Now presence above 25 cities by end FY27, with meaningful order share through the fulfillment model. ## Lists

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