Share of FSN E-Commerce Ventures Nykaa Ltd is currently trading at around Rs. 140. Existing as well as prospective Long term investors are coming to Share Market Experts and Investment Consultants asking for the Nykaa Share Price Prediction for 2023,2024 & 2025. In this article we will discuss and analyse the fundamentals and business prospects of the company and based on our analysis we will tell you the Nykaa Share Price Prediction for 2023,2024 & 2025.
FSN E-Commerce Ventures Nykaa Ltd, commonly known as Nykaa, is a leading Indian e-commerce platform that primarily focuses on beauty and wellness products. The company was founded in 2012 by Falguni Nayar, a former investment banker and senior executive at Kotak Mahindra Bank, and has since become a household name in India’s fast-growing e-commerce industry.
Financial Fundamentals:
Nykaa’s financial performance has been impressive since its inception. In FY 2020-21, the company’s revenue grew by 38% to INR 2,544.3 crore (approximately USD 347 million) from INR 1,843.2 crore (approximately USD 251 million) in the previous fiscal year. The company’s gross merchandise value (GMV) also increased by 35% to INR 3,529.6 crore (approximately USD 481 million) in FY 2020-21 from INR 2,609.2 crore (approximately USD 356 million) in the previous fiscal year.
Nykaa’s EBITDA margin improved from negative 3% in FY 2019-20 to positive 1% in FY 2020-21. The company’s net loss also decreased from INR 166.3 crore (approximately USD 23 million) in FY 2019-20 to INR 60.7 crore (approximately USD 8 million) in FY 2020-21. The company’s strong financial performance can be attributed to its robust business model, customer-centric approach, and innovative marketing strategies.
Future Business Prospects:
Nykaa has been expanding its product offerings beyond beauty and wellness products to other categories such as fashion and accessories, home decor, and electronics. The company’s omnichannel strategy, which combines its online presence with brick-and-mortar stores, has helped it to reach a wider customer base.
Nykaa’s recent initial public offering (IPO) has been a huge success, with the company raising INR 2,248 crore (approximately USD 305 million). The IPO has not only provided Nykaa with the necessary capital to fund its expansion plans but has also enabled the company’s early investors and employees to monetize their holdings.
Nykaa plans to use the IPO proceeds to expand its offline presence, enhance its technology infrastructure, and acquire or invest in complementary businesses. The company has also set its sights on international markets such as the Middle East, Southeast Asia, and Europe.
In conclusion, Nykaa’s strong financial performance and ambitious growth plans bode well for the company’s future prospects. The company’s omnichannel strategy, expansion into new categories, and plans for international expansion are expected to drive its growth in the coming years.
Nykaa Share Price Prediction 2023
Based on the above discussion and analysis, share price of the company is likely to touch the level of around Rs.200 during 2023
Nykaa Share Price Prediction 2024
Based on the above discussion and analysis, share price of the company is likely to touch the level of around Rs.250 during 2024
Nykaa Share Price Prediction 2025
Based on the above discussion and analysis, share price of the company is likely to touch the level of around Rs.300 during 2025
Disclaimer : Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. Moneyinsight does not offer investment advice and does not encourage any action based on its content.
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