Nykaa Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

Nykaa was established in 2012 in honor of Falguni Nayal, a former Director of the Kotak Mahindra Capital Bank. Through a single market, it provided Indian consumers with access to more than 2,000 brands in the areas of style, lifestyle, beauty, and wellness. FSN ECommerce Ventures Ltd., which Falguni Nayar founded in 2012 and is the CEO and shareholder of, owns the Nykaa trademark. She became the wealthiest self-made billionaire in India on October 28, 2021, the first day of its company IPO on the Stock Exchange.

Nykaa Share Price Target 2024-2030

FSN E-commerce Ventures Ltd. (FSNEV), more commonly known as “Nykaa,” is a digitally inclined consumer technology platform. Customers are provided with immersive and enriching content-based lifestyle retail experiences through this platform. Products related to fashion, personal care, and beauty are some of the areas that the business focuses on specifically. It also has a line of products under its own private brand that are made for fashion, beauty, and personal care all over the world.

Nykaa Share Price Target Today Update

Nykaa is an omnichannel marketplace that serves Indian customers and has over 2,000 businesses in the fashion, lifestyle, beauty, and wellness categories. Investors will learn about the Nykaa Share Price Target 2025 and other intriguing features in this article, which will also walk them through the various future parts of the Nykaa Share Price Predictions. Investors will learn about the various aspects of the Nykaa Share Price Predictions in this article, including the Nykaa Share Price Target 2025 and upcoming projections.

About NYKAA Company

Mumbai-based Indian e-commerce startup Nykaa It offers magnificence, wellbeing, and design items through its site, portable application, and more than 100 actual shops. Nykaa sells goods made in India and all over the world. The company switched from selling beauty products exclusively online to an omnichannel model in 2015. It will sell approximately 200,000 products and 2,000 brands across its various platforms by the year 2020.

Nykaa Latest News

  • The Nykaa Share has not changed much on the stock exchange.
  • Moira Beautyis pushing its presentation on the Nykaa commercial center to propel its arrive at all the more clearly at the front of India.
  • The partnership between India’s omnichannel beauty and lifestyle online retailer Nykaa and Ekta Cosmetics was announced on March 27, 2024.
  • Nykaa founderand President Falguni Nayar said in a meeting that the Style and magnificence retailer organization is imagining holding a grip of its piece of the pie in the midst of developing rivalry from different players, for example, Dependence Retail’s ”Tira”, Tata Clique Pallette and Myntra.

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NYKAA Business Profile

As per NYKAA’s FY21 for deals esteem , it is India’s biggest specialty magnificence and individual consideration online stage and one of the quickest developing stages for design in the nation concerning GMV development. They have the highest average annualized value (AOV) among India’s leading online beauty and personal care platforms.

Beauty and Personal care

When compared to other platforms for cosmetics and beauty, Nykaa has the most valuable products for the 21st fiscal year. In addition, when taking into account the general merchandise value (GMV) in India, it is one of the largest and fastest-growing clothing websites. It is the most popular platform in the country when it comes to the number of orders placed by customers, but other businesses are also working on improving this.

Diverse Portfolio

The company owns 15 brands. The organization presented five new brands which are Dab and Key, Nykaa SkinRx, Pipa Bella, Gajra Posse and IYKYK.

Acquisitions

In FY22, a brand called “KICA” was procured by the organization’s completely possessed auxiliary Nykaa Design Private Limited at a cost of up to Rs. 44,1 million [5] In April 2022, the company purchased 18.5% of Earth Rhythm Private Limited and 60% of Nudge Wellness Private Limited.

Subsidiaries

FSN Distribution Private Limited automatically became the corporation’s wholly owned subsidiary during the fiscal year 2022. Dot & Key Wellness Private Limited also joined the company as a subsidiary.

India’s Leading Influential Lifestyle platform

Nykaa TV had 6.6 million hours of audience time in March 2022, and 31,968 posts were made on Instagram and Facebook, including videos, reels, posts, and stories. As of March 31, 2022, they had more than 13 million followers across a variety of social media platforms, making them one of the most influential lifestyle platforms in India.

Nykaa Fundamentals & Quarterly Results

Market Cap ₹ 48,484 Cr.
Current Price ₹ 170
52-Week High/Low ₹ 196 / ₹ 122
Stock P/E 1,756
Book Value ₹ 4.87
Dividend Yield 0.00%
ROCE (Return on Capital Employed) 5.52%
ROE (Return on Equity) 1.42%
Face Value ₹ 1.00
Debt to Equity 0.69
Debt Capacity -0.02
Debt (Preceding Year) ₹ 593 Cr.
Current Debt ₹ 966 Cr.
Reserves ₹ 1,106 Cr.
EPS (Earnings Per Share) ₹ 0.10
EPS (Last Year) ₹ 0.07
Pledged Percentage 0.00%
Free Cash Flow (Previous Year) ₹ -448 Cr.
EV/EBITDA 138
Industry PE 47.0
PEG Ratio 82.8
Piotroski Score 2.00
Earnings Yield 0.28%

Nykaa Quarterly Results

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Revenue 973 1,148 1,231 1,463 1,302 1,422 1,507 1,789
Expenses 935 1,102 1,170 1,385 1,231 1,348 1,426 1,690
Operating Profit 39 46 61 78 71 73 81 99
OPM % 4% 4% 5% 5% 5% 5% 5% 6%
Other Income 11 8 6 6 10 7 9 8
Interest 13 15 20 20 19 19 21 22
Depreciation 30 31 38 51 53 52 55 58
Profit Before Tax 6 8 9 13 9 10 13 26
Tax % -30% 32% 35% 27% 51% 34% 30% 31%
Net Profit 8 5 5 8 2 5 8 17
EPS (₹) 0.03 0.02 0.01 0.03 0.01 0.01 0.02 0.06

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CAGR Report

Metric 10 Years 5 Years 3 Years TTM / 1 Year
Compounded Sales Growth 55% 43% 25%
Compounded Profit Growth 21% 47% 13%
Stock Price CAGR 34%
Return on Equity (ROE) 3% 5% 1%

Shareholding Pattern

Mar 2022 Mar 2023 Mar 2024
Promoter Holding (%) 52.43% 52.28% 52.22%
FIIs 5.98% 12.26% 10.32%
DIIs 3.12% 7.86% 17.16%
Public Holding (%) 38.47% 27.62% 20.31%
No. of Shareholders 3,24,164 5,77,953 5,20,788

Nykaa Share Price Target 2024-2030 Forecast

Year Target
2024 Rs 224
2025 Rs 300
2026 Rs 370
2027 Rs 402
2028 Rs 476
2029 Rs 509
2030 Rs 590

Nykaa Share Price Target 2025

Month Maximum Target
January 233
February 228
March 224
April 230
May 245
June 250
July 265
August 260
September 270
October 279
November 293
December 300

Nykaa Share Price Target 2026

Month Maximum Target
January 315
February 305
March 290
April 303
May 311
June 322
July 331
August 342
September 350
October 358
November 363
December 370

Nykaa Share Price Target 2027

Month Maximum Target
January 377
February 372
March 366
April 370
May 379
June 381
July 387
August 395
September 388
October 383
November 391
December 402

Nykaa Share Price Target 2028

Month Maximum Target
January 419
February 411
March 406
April 416
May 427
June 435
July 444
August 450
September 460
October 457
November 467
December 476

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Nykaa Share Price Target 2029

Month Maximum Target
January 487
February 481
March 472
April 480
May 487
June 495
July 490
August 497
September 488
October 484
November 499
December 509

Nykaa Share Price Target 2030

Month Maximum Target
January 517
February 507
March 497
April 510
May 519
June 527
July 535
August 550
September 564
October 579
November 581
December 590

Points Before Investing in Nykaa Stock

  • Nykaa is a well-known brand on the Indian e-marketplace, offering a variety of high-quality fashion and lifestyle products to Indian customers.
  • With a market share of more than 30% in the India beauty and personal care sector, Nykaa outperforms its rivals in terms of market share.
  • The NYKAA NSE stock was recommended as a “Buy” by a stock brokerage firm in the range of Rs 163-161 and Rs 173 and Rs 180.
  • The recommended stop loss position is below Rs 153. Nykaa introduced Fenty Beauty by Rihanna to welcome international stars with a Rihanna Beauty Brand-curated selection.
  • With this debut in India’s leading market, Nykaa’s commitment to bringing the luxurious international brand to India is moving in the right direction.
  • The Nykaa Q3 FY24 results show a 106 % increase in profits to Rs 17.5 crores.

Final Words

Since Nykaa’s initial public offering (IPO) on the stock exchange in November 2021, its share price has fallen by -58%, making it an odd case for investors. The NYKAA NSE stock, which had a glorious opening price of Rs 393 per share, was unable to maintain its value and continued to fall continuously. Throughout recent months, Nykaa Offer has introduced a decent demonstration of positive direction by 26%, moving from Rs 127 for each offer on Spring 28th, 2023, to Rs 161 for every offer to date ie., March 27th, 2024.

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