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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