- Nykaa’s net income for the third quarter was 161.9 million rupees, which is a 98% increase year on year.
- However, the net income missed estimates, which predicted it to be 325.5 million rupees.
- The company’s revenue for the quarter was 17.9 billion rupees, showing a 23% increase from the previous year.
- This revenue matched the estimated revenue for the quarter.
- Total costs for the quarter were 17.7 billion rupees, marking a 21% increase year on year.
- Nykaa also reported other income, which amounted to 75.8 million rupees. This is a 34% increase from the previous year.
- The company received 14 buy ratings, 5 hold ratings, and 5 sell ratings.
- All comparisons to past results are based on values reported by from the company’s original disclosures.
FSN E-Commerce Ventures (Nykaa) on Smartkarma
FSN E-Commerce Ventures (Nykaa) is facing some challenges in its core BPC segment, as reported by top independent analysts on Smartkarma. The company, which is listed as NYKAA IN, has been the subject of recent research reports by Pranav Bhavsar, who has a bearish outlook on the company. According to the reports, Nykaa’s BPC segment is facing problems which could add to existing issues in its Fashion Business. Bhavsar’s research also points to potential concerns with the company’s practices, which have been highlighted on LinkedIn.
In another report on Smartkarma, Bhavsar raises concerns about Nykaa Fashion, a subsidiary of FSN E-Commerce Ventures (Nykaa). The report focuses on the declining financials of Nykaa Fashion, as well as inconsistencies in reporting and a potentially misleading narrative. Bhavsar also highlights elevated executive compensation at the company. These issues have prompted the need for a board review on materiality policy, according to Bhavsar’s research. As a part of Smartkarma’s Annual Report insights, this report sheds light on the potential mismanagement at Nykaa Fashion and the need for change within the company.
A look at FSN E-Commerce Ventures (Nykaa) Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 2 | |
Dividend | 1 | |
Growth | 2 | |
Resilience | 3 | |
Momentum | 3 | |
OVERALL SMART SCORE | 2.2 |
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 a company that provides online beauty and personal care products. They have a wide range of products including makeup, skin and hair care, bath and body, fragrance, grooming appliances, personal care, and health and wellness items. Their products are available for customers all over the world.
Based on Smartkarma Smart Scores, FSN E-Commerce Ventures (Nykaa) has a moderate long-term outlook. The company has received a score of 2 for value, indicating that it may not be undervalued in the market. However, it has a low score of 1 for dividend, suggesting that it may not be a good choice for investors seeking regular dividends. In terms of growth, the company has a score of 2, which means it has some potential for future growth. It also has a resilience score of 3, indicating that it may be able to withstand economic challenges. Lastly, with a momentum score of 3, FSN E-Commerce Ventures (Nykaa) has shown some positive movement in terms of its market performance.
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.
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