- Nykaa’s net income for the third quarter stood at 261.2 million rupees, marking a 61% year-over-year increase.
- Despite the growth, the net income fell short of the estimated 359.1 million rupees.
- Revenue climbed to 22.67 billion rupees, a 27% rise compared to the previous year, slightly under the estimated 22.71 billion rupees.
- Total costs were reported at 22.28 billion rupees, which is a 26% increase year-on-year.
- Other income decreased by 27% year-over-year to 55.3 million rupees.
- Following the earnings report, Nykaa’s shares fell by 2.3%, closing at 169.44 rupees with 4.44 million shares traded.
- Analyst recommendations include 15 buy ratings, 3 hold ratings, and 6 sell ratings.
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A look at FSN E-Commerce Ventures (Nykaa) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
FSN E-Commerce Ventures (Nykaa) is poised for strong long-term growth, with an exceptional Smart Score of 5 for Growth. As a provider of e-retailing beauty and personal care solutions, Nykaa offers a wide range of products in categories such as makeup, skincare, and grooming appliances. With a solid momentum score of 3, Nykaa has shown consistent performance in capturing market opportunities and maintaining investor interest.
While Nykaa scores lower on factors like Value and Dividend, indicating potential challenges in these areas, its resilience score of 2 suggests a moderate ability to weather economic downturns. Overall, Nykaa’s high growth and momentum scores highlight its potential for continued success in the e-commerce sector, making it a company to watch for investors seeking exposure to the beauty and personal care industry.
Summary: FSN E-Commerce Ventures Private Limited, operating as Nykaa, is a global provider of e-retailing beauty and personal care solutions, offering a diverse selection of products across various categories to customers worldwide.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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