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FSN E-Commerce Ventures stock

NYKAA.NSNSE

FSN E-Commerce Ventures Limited, Consumer CyclicalISIN INE388Y01029

$3.83▲ $0.04 (+1.0%)Closing price of 12 Nov 2026

69Score 69 out of 100, Neutral

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Price and trend

80 / 100

Price history

+40% in one year

The chart shows daily closes over 5 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.

Long-term trend

Above the 200-day line: the price is 22% above it.

Trend change

Since May 2025 the 50-day line has been above the 200-day line; the trend has turned up.

Momentum

Overheated: the price has risen very quickly lately (RSI 80).

Distance to the high

The price is at its 52-week high. Largest decline in 5 years: 72% (December 2021 to April 2023).

Chart figures for advanced users
SMA 50$3.60
Average price of the last 50 trading days, shows the short-term trend.
SMA 200$3.15
Average price of the last 200 trading days, shows the long-term trend.
RSI (14)80
Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
MACDabove the signal line
Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
Support$2.49
The lowest closing price of the last twelve months.
Resistance$3.83
The highest closing price of the last twelve months.
Market cap
$10.97B
Div. yield
no dividend
320.0
on reported earnings of the last twelve months
148.0
on earnings for the next twelve months ($0.03 per share)
Fair value
no data

Snapshot

Computed from the data by fixed rules, no AI

  • FSN E-Commerce Ventures Limited belongs to the Specialty Retail industry (India) and, with a market value of $10.97B, is number 28 of 86 companies in its industry on MEQIRI.
  • In fiscal 2026 it reported revenue of $1.07B (up 26.1% year on year) and earnings of $21.2M (up 201.8%).
  • For fiscal 2027, analysts expect on average revenue of $1.37B (up 28.1%) and adjusted earnings per share of $0.02 (up 136.2%).
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  • MEQIRI Score 69 out of 100 (Neutral): rank 177 of 596 in Consumer Cyclical, median 61.

In plain words

The numbers on this page in plain words, written by an AI

Strengths

  • Analysts expect strong earnings growthUp 51% a year through 2029 (estimates from 21 analysts).Growth 99
  • Earnings per share growingUp 36.1% a year since 2021.Growth 99
  • Growing faster than its industryRevenue up 21.6% a year since 2021, Specialty Retail median 10.8%.Growth 99

Weaknesses

  • Margin fallingOperating margin 4.3%, average of the prior years 21.7% (to 2025).Profitability 58
69/ 100
MEQIRI Score
Neutral

Its standout strengths are growth and momentum, while valuation holds the score back.

Daily figure as of 13 Nov 2026

How the score is calculated

Score overview

Fundamentals are strong, with stable profits and strong cash generation.

Profit consistency88% of years
Cash conversion (free cash flow to earnings, 12 months)135%
ROIC (12 months)16.8%
Positive free cash flow38% of years
How this category is measured

Score history

The full history of up to 20 years comes with MEQIRI Pro.

See plans

Crash risk not measured

How well MEQIRI warns

For stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.

Valuation

Valuation signal

Overvalued
Price
$3.83
Fair value
not meaningful
Gap to fair value
no data

A fair value is not meaningful here, so the signal follows the valuation grade.

Valuation metrics

6.91
108.4
Fair value (model)
no data

The model puts the fair value at less than a quarter of the share price. That says more about the assumptions than about the company, so a fair value is not meaningful here and the valuation relies on the P/E and the other metrics.

Calculate with your own assumptions

Company performance

This shows several years of history with an automatic assessment.

Revenue

8 years

In the twelve months to 30 Sep 2026, revenue rose 28.1% on the twelve months before. Revenue has grown strongly since 2019, at around 28% per year.

Margins

8 years
  • Gross margin
  • Operating margin
  • Net margin

In fiscal 2026: gross 34%, operating 4%, net 2%.

Debt & balance sheet

latest quarter
0.82
3.8x
1.16
Cash & equivalents
$44.44M

Moderate debt, and interest is adequately covered.

Earnings

Next earnings
10 Feb 2027in 89 days
Last reported
3 Nov 2026EPS reported $0.00 (expected $0.00)below expectations

Analyst estimates

Earnings estimates have barely changed since 24 Oct 2026.

Fiscal 202726 analysts
Earnings per share
$0.020.0%
Revenue
$1.37B0.0%
Fiscal 202825 analysts
Earnings per share
$0.030.0%
Revenue
$1.72B0.0%

MEQIRI has stored the estimates since 24 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.

What happened at FSN E-Commerce Ventures

The key events of the last six months from our own data. A click takes you to the matching card.

Sector comparison

596 rated companies in Consumer Cyclical

Rank 177 of 596
177/ 596
This company
69
Sector median
61

Categories against the sector median

ProfitabilityMedian of 596 companies58 (median 53)5 above the median
GrowthMedian of 596 companies99 (median 60)39 above the median
FundamentalsMedian of 596 companies73 (median 73)0 at the median
ValuationMedian of 575 companies with a value10 (median 73)63 below the median
StabilityMedian of 596 companies61 (median 62)1 below the median
Capital allocationMedian of 596 companies56 (median 59)3 below the median
Technical analysisMedian of 596 companies80 (median 62)18 above the median
MomentumMedian of 596 companies90 (median 60)30 above the median

The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.

Competitors in Specialty Retail

The next larger and next smaller companies by market value

All 86 Specialty Retail stocks

ETFs that hold FSN E-Commerce Ventures

Held by 17 ETFs on Xetra. Shown per index: the ETF with the largest weight.

ETFWeightCostFund size
iShares MSCI India UCITS ETFQDV50.32%0.65%€4.98B
iShares Edge MSCI EM Minimum Volatility UCITS ETFEUNZ0.22%0.40%€435.04M
iShares MSCI EM Consumer Growth UCITS ETFCEMG0.22%0.60%€31.52M
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Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2026, period end 31 Mar 2026
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral since 12 Nov 2026, previously Strong
  • Valuation signal Overvalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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