Nykaa Share Price Target 2025: Shares of FSN E-Commerce, the parent of Nykaa, on Wednesday (August 13) jumped more than 5 per cent after the company reported
79 per cent jump in its Q1 FY26 profit.
Nykaa shares opened gap up with a gain of 5.06 per cent 215 and made an intraday high of Rs 216. At 11:15 AM, the counter traded 4.50 per cent higher at Rs 214. A total of 1.53 crore shares changed hands around the same time.
Nykaa shares are gaining for the last three consecutive trading sessions and trading higher than 5-day, 50-day, 100-day and 200-day moving averages but lower than 20-day moving averages.
Earlier on Tuesday (Aug 12), the fashion and beauty retailer reported a 79 per cent YoY rise in consolidated net profit to Rs 24.47 crore for June 2025 quarter. The company had posted a net profit of Rs 13.64 crore in the corresponding period of the previous financial year. Its total income rose to Rs 2,164.27 crore in Q1 as against Rs 1,753.44 crore pisted in the same three-month quarter a year ago.
The company said that Q1 growth was driven largely by its beauty vertical, which registered a nearly 24 per cent YoY increase in revenues to Rs 1,975 crore.
Post quarterly results, Nuvama has maintained Buy rating on Nykaa shares for target price of Rs 235. It said that market share gain remains a key focus area for the company. It noted that the Nykaa sustained the strong momentum in the beauty and personal care (BPC) segment while the fashion segment growth picked up in Q1.
The brokerage estimates 20 per cent GMV (Gross Merchandise Value) growth with margin expansion from narrowing losses in the fashion and eB2B. It has, however, cut the earnings for FY26E and FY27E by 10 per cent and 12 per cent, respectively, mainly due to higher tax assumptions.
FSN E-Commerce Ventures is a constituent of BSE 200 index and the company enjoys a market valuation of Rs 62,234.48 crore.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
