Latest news with #HouseofNykaa
Time of India
6 days ago
- Business
- Time of India
Nykaa shares rise 3% after Q1 business update
Shares of Nykaa ( FSN E-Commerce Ventures ) rose nearly 3% to Rs 203 on the BSE in Monday's trade, after the company shared its Q1 FY26 business update on Sunday. Nykaa said it has started FY26 on a strong note, with consolidated net revenue growth for the first quarter expected to be at the lower end of the mid-twenties range. Gross merchandise value (GMV) growth is expected to surpass this, crossing the mid-twenties, indicating sustained momentum across recent quarters. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like ¿Tu cama necesita abrigo? Arredo Compra ahora Beauty Segment The Beauty vertical is expected to post GMV growth in the higher mid-twenties, despite softer consumer sentiment during its flagship sale period, which was impacted by geopolitical tensions. The company said that the growth was driven by robust performance across its ecommerce platform, retail stores, eB2B distribution, and the House of Nykaa brands. The House of Nykaa portfolio, which includes both home-grown and acquired brands, continued its accelerated growth trajectory. As a result, net revenue in the Beauty vertical is also expected to grow in the mid-twenties, consistent with previous quarters. Live Events Fashion Segment The Fashion vertical is projected to deliver GMV growth in the mid-twenties, marking a notable improvement over recent quarters. This performance was supported by increased traction on the core platform, an expanding product assortment, and strong customer acquisition. While net revenue growth for the Fashion vertical is expected to improve sequentially to the mid-teens, it will likely remain lower than the GMV growth rate. Nykaa shares target price As per Trendlyne data, the average target price of the stock is Rs 205, which indicates an upside potential of 1% from the current market prices. The consensus recommendation from 5 analysts for the stock is a 'Hold'. Nykaa shares have gained 23% YTD, and are up 44% over the past two years. The company currently has a market capitalisation of Rs 57,976 crore.
Economic Times
6 days ago
- Business
- Economic Times
Nykaa shares rise 3% after Q1 business update
Nykaa shares experienced a rise following the release of its Q1 FY26 business update. The company anticipates consolidated net revenue growth in the lower end of the mid-twenties range. Gross Merchandise Value growth is expected to surpass this figure. The Beauty segment projects GMV growth in the higher mid-twenties. Tired of too many ads? Remove Ads Beauty Segment Tired of too many ads? Remove Ads Fashion Segment Nykaa shares target price Shares of Nykaa FSN E-Commerce Ventures ) rose nearly 3% to Rs 203 on the BSE in Monday's trade, after the company shared its Q1 FY26 business update on said it has started FY26 on a strong note, with consolidated net revenue growth for the first quarter expected to be at the lower end of the mid-twenties range. Gross merchandise value (GMV) growth is expected to surpass this, crossing the mid-twenties, indicating sustained momentum across recent Beauty vertical is expected to post GMV growth in the higher mid-twenties, despite softer consumer sentiment during its flagship sale period, which was impacted by geopolitical company said that the growth was driven by robust performance across its ecommerce platform, retail stores, eB2B distribution, and the House of Nykaa brands. The House of Nykaa portfolio, which includes both home-grown and acquired brands, continued its accelerated growth a result, net revenue in the Beauty vertical is also expected to grow in the mid-twenties, consistent with previous Fashion vertical is projected to deliver GMV growth in the mid-twenties, marking a notable improvement over recent quarters. This performance was supported by increased traction on the core platform, an expanding product assortment, and strong customer net revenue growth for the Fashion vertical is expected to improve sequentially to the mid-teens, it will likely remain lower than the GMV growth per Trendlyne data, the average target price of the stock is Rs 205, which indicates an upside potential of 1% from the current market prices. The consensus recommendation from 5 analysts for the stock is a 'Hold'.Nykaa shares have gained 23% YTD, and are up 44% over the past two years. The company currently has a market capitalisation of Rs 57,976 crore.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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Business Standard
6 days ago
- Business
- Business Standard
Nykaa shares rise over 2% on strong GMV growth guidance for Q1FY26
Nykaa share price today: Shares of FSN E-Commerce Ventures witnessed a 2 per cent gain, logging an intraday high of ₹202.40 on Monday, after the company released its revenue expectations for the April-June quarter (Q1FY26). The net revenue figure is estimated to be at the lower end of mid-twenties, the company said in an exchange filing. Gross merchandise value (GMV) growth, meanwhile, is expected to be on the higher side, surpassing mid-twenties. At 09:50 AM, Nykaa shares were trading at ₹200.73, up by 1.26 per cent on the National Stock Exchange. In comparison, the Nifty50 was trading largely flat with a negative bias, quoting 25,442.20. So far this year, shares of the company have witnessed a solid double-digit rise of 21.4 per cent on the NSE. Nykaa Q1FY26 Update Nykaa's beauty vertical continued to show strong growth, even as geopolitical tensions dampened sentiment during the April-June period, leading to some loss of momentum. On the fashion side, the vertical is estimated to deliver GMV growth in the mid-twenties, signalling improvement from the previous quarters. The healthy performance was majorly driven by improving traction in the core platform, fueled by a broader assortment and healthy customer acquisition, as per the company. "The strong growth came on the back of solid performance across all businesses including ecommerce platform, retail stores, eB2B distribution and the House of Nykaa brands," the company said in its exchange filing. "House of Nykaa brands continued its accelerated growth trajectory with strong performance of home-grown as well as acquired brands," the exchange filing further read. Brokerage Views- Elara Securities Analysts at Elara Securities believe that macro drivers such as Gen-Z users, niche and genuine brand offerings might help the e-commerce firm to outperform. "Profitability levers exist - Private labels, premiumisation and advertising revenue to support scale. Initiatives such as Nykaa land and digital campaigns will drive conversion up. The company is focusing on growth, which may keep advertising and promotion (A&P) costs sticky, yielding less operating leverage. So, we cut our FY27E-28E Ebitda by 5-6 per cent, retaining FY25-28E revenue CAGR at 29 per cent," the brokerage firm stated in a report last month. Elara has raised the target price to ₹225 from ₹215 earlier and has maintained an 'Accumulate' rating on the stock. About Nykaa The Indian e-commerce platform specialises in beauty, wellness and fashion products. The company was founded in 2012 by Falguni Nayar. FSN E-Commerce Ventures Private Ltd., the parent company of Nykaa, launched its ₹5,352 crore IPO in 2021. The public offering received robust investor interest as the shares of the company were listed at a premium of over 70 per cent. However, the shares of the new-age firm have since struggled to reach the listing price levels.
