Nykaa Share Price: The stock of FSN E-Commerce Ventures Limited, popularly known as Nykaa, saw a significant 10% jump during the intra-day trading session on Wednesday, August 21. Despite this bullish trend, the Falguni Nayar-led company’s stock remains down by 80% from its IPO listing price.
Nykaa Share Price Performance
The Nykaa share price has shown a positive trajectory over the last month, reflecting a 21% increase. This improvement indicates growing trust and confidence among investors in this new-age stock. The current market capitalization of Nykaa is around Rs 61,343 crore, making it a key constituent of the BSE 200 index.
By 1:30 PM on August 21, Nykaa’s stock price had climbed to Rs 212.10, showing a notable increase from its opening price of Rs 191 earlier in the day. The stock is currently trading above all 8 Exponential Moving Averages (EMAs), including the 5-day, 10-day, 12-day, 20-day, 26-day, 50-day, 100-day, and 200-day moving averages.
Nykaa Q1FY25 Earnings Report
Nykaa’s Q1 FY25 earnings reveal a 23% year-on-year growth in consolidated revenue from operations, amounting to Rs 1,746 crore. Additionally, the company’s net profit rose by an impressive 150% year-on-year, reaching Rs 13.6 crore. The EBITDA for Q1 FY25 increased by 31% to Rs 96.1 crore, with EBITDA margins improving slightly to 5.5%, compared to 5.2% in Q1 FY24.
The Nykaa Fashion segment has also shown robust performance, with Gross Merchandise Value (GMV) growing 15% year-on-year. Among the key growth drivers were women’s western wear (up 34% YoY), lingerie (up 54% YoY), and athleisure (up 110% YoY).
Nykaa Share Price History
Over the past year, Nykaa shares have delivered a 24% return to investors, despite underperforming the broader BSE Consumer Discretionary index, which gained 30.49% during the same period.
Nykaa IPO and Long-Term Performance
Nykaa’s IPO in 2021 aimed to raise approximately Rs 5,351 crore, including a fresh issue of Rs 630 crore and an offer for sale of Rs 4,721 crore. The IPO price band was set between Rs 1,085 to Rs 1,125 per share, and the stock listed at Rs 1,125. Despite the recent uptick, the Nykaa share price remains down by 80% from its initial listing price.
Key Insights for Investors
Investors have shown renewed interest in Nykaa shares, given the company’s positive Q1 FY25 performance and the promising growth in its fashion segment. Although the stock is still trading well below its IPO price, the recent momentum could signal a potential recovery for the company. However, investors should remain cautious and monitor market trends closely.
Conclusion
The Nykaa share price has seen a notable surge, reflecting a bullish sentiment in the market. With improving earnings, a strong brand presence, and growth in new categories, Nykaa remains a stock to watch. For those interested in further insights, you can check Nykaa’s official financial reports or read detailed articles from leading financial news outlets.
