Whalesbook
FSN E-Commerce Ventures, matlab Nykaa, ke shares ne aaj Bombay Stock Exchange (BSE) par 4% ki tezi dikhayi aur seedha ₹285.65 ka naya 52-week high bana dala. Mid-morning tak thoda profit booking hua, lekin stock ab bhi 3.12% upar ₹282.95 par trade kar raha hai, jo BSE Sensex ke 0.17% ke gain se kaafi behtar hai.
Q4 Results ka Jaadu
Market mein ye excitement Nykaa ke March mein khatam hue fourth quarter ke results ki wajah se hai. Company ne is quarter mein ₹79 crore ka Net Profit report kiya, jo pichhle saal is quarter ke ₹19 crore se kaafi zyada hai. Revenue bhi 28.4% badhkar ₹2,648 crore ho gaya, jo pichhle saal ₹2,062 crore tha.
Brokerages ka Bharosa
Bade financial analysts bhi Nykaa ke performance se khush hain. Nomura ne toh 'Buy' rating di hai aur target price ₹305 se badha kar ₹317 kar diya hai. Unka kehna hai ki revenue growth aur margin expansion ki kaafi opportunities hain. Nomura ne FY27 aur FY28 ke liye EPS estimates bhi 8% aur 7% tak badhaye hain, aur Ebitda margin forecasts ko 20 basis points tak increase kiya hai. Brokerage ko lagta hai ki beauty aur personal care segment mein growth jari rahegi.
ICICI Securities ne 'Add' rating maintain rakhi hai aur price target ₹280 se badha kar ₹310 kar diya hai. Unhone beauty aur fashion dono segments mein zabardast performance note kiya hai. Nykaa ke beauty segment mein 29.1% year-on-year growth hui hai. Fashion segment bhi breakeven par aa gaya hai, jisme NSV 42% year-on-year badha hai. Halanki, kuch geopolitical factors ki wajah se management thoda caution dikha sakta hai, lekin ICICI Securities ko medium-term growth par bharosa hai.
JM Financial Institutional Securities ne 'Buy' recommendation di hai aur price target ₹335 set kiya hai. Unhone FY26 se FY29 tak Ebitda CAGR 50% hone ka andaaza lagaya hai, jisme beauty aur fashion segments mein margin improvement ka bada role hoga.