NYKAA
Nykaa - FSN E-Commerce Ventures Ltd.
Each stock's 10,000-path forecast, rendered as light.
Nykaa - FSN E-Commerce Ventures Ltd. (NYKAA) Stock Analysis & Case Study
Is NYKAA a good buy? The data-driven verdict.
Nykaa - FSN E-Commerce Ventures Ltd. (NYKAA) trades at ₹332,on the numbers it tread carefully, a Downstox Snapshot Score of 41/100.
On the numbers, Nykaa - FSN E-Commerce Ventures Ltd. (NYKAA) tread carefully, a Downstox Snapshot Score of 41/100, weighing expensive at 357.0× earnings, ROE of 15.3%, a 58% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
NYKAA fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How NYKAA ranks against the 2,373 companies in our screener
- NYKAA's market cap of 95,081 Cr ranks in the top 5% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- NYKAA's book value of ₹5 ranks in the 9th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- NYKAA's promoter holding of 52.1% ranks in the 36th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- NYKAA's 3-year profit (PAT) growth of 122.0% ranks in the top 4% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- NYKAA's 3-year revenue growth of 25.0% ranks in the 80th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- NYKAA's debt-to-equity ratio of 0.86x is lower than 18% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is NYKAA overvalued? NYKAA P/E vs peers
NYKAA trades at 357.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
NYKAA share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 4.7y of NYKAA history (-2%/yr drift, 29%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| NYKAA 2027 | ₹242 | ₹354 | ₹517 | +7% |
| NYKAA 2028 | ₹222 | ₹378 | ₹642 | +14% |
| NYKAA 2029 | ₹211 | ₹403 | ₹767 | +21% |
| NYKAA 2030 | ₹200 | ₹429 | ₹922 | +29% |
| NYKAA 2031 | ₹196 | ₹458 | ₹1,070 | +38% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability NYKAA goes up, or doubles?
The bull case for NYKAA
- NYKAA's return on equity of 15.3% ranks in the 72nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹767.
The bear case & risks
- NYKAA's P/E of 357.0x is lower than 3% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- A steep 66.1× price-to-book means most of the value is intangible/expectations, not assets on the books.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹211.
NYKAA volatility & expected range, how bumpy is the ride?
Over the last 4.7 years NYKAA compounded at -2%/year with annualized volatility of 29%. That volatility implies a 1-year 80% range of ₹242-₹517, the honest backbone behind any single price target.
NYKAA price forecast, the full 60-month probability fan
NYKAA price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds NYKAA hits common targets within the simulated horizon?
Full multi-horizon detail on the NYKAA price target & forecast page.
NYKAA Piotroski F-Score: 5/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. NYKAA scores 5/8, mixed financial health.
NYKAA MTF margin & leverage across 11 brokers
Margin Trading Facility lets you buy NYKAA with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 25.52% | 3.9× |
| Zerodha | 24.70% | 4.0× |
| Groww | 24.74% | 4.0× |
| Dhan | 23.00% | 4.3× |
| Kotak NeoCHEAPEST | 21.98% | 4.5× |
| Paytm Money | 22.08% | 4.5× |
| Pocketful | 29.24% | 3.4× |
| Fyers | 30.30% | 3.3× |
| Anand Rathi | 28.99% | 3.4× |
| Bajaj Broking | 23.00% | 4.3× |
| Share India | 29.06% | 3.4× |
Compare every broker on the NYKAA MTF page.
About Nykaa - FSN E-Commerce Ventures Ltd.: sector, index & market-cap context
Nykaa - FSN E-Commerce Ventures Ltd. (NYKAA) is a mid-cap NSE-listed company in the Internet sector, and a constituent of the Nifty 500 index, with a market capitalisation of ₹95,081 Cr. See more stocks on our screener.
How the NYKAA Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Nykaa - FSN E-Commerce Ventures Ltd.'s public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
NYKAA analysis, FAQs
Is Nykaa - FSN E-Commerce Ventures Ltd. (NYKAA) a good buy?
On the numbers, Nykaa - FSN E-Commerce Ventures Ltd. (NYKAA) tread carefully, a Downstox Snapshot Score of 41/100, weighing expensive at 357.0× earnings, ROE of 15.3%, a 58% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is NYKAA overvalued or undervalued?
NYKAA trades at 357.0× earnings, expensive versus the ~22× long-run Nifty average.
What is the NYKAA share price target for 2031?
NYKAA's probability-weighted 2031 median target is ₹458, with an 80% range of ₹196-₹1,070 (10,000-path Monte-Carlo).
What is the probability NYKAA doubles in 5 years?
The modelled probability of NYKAA reaching ₹664 (2×) within 5 years is 28%.
What is the bull case for NYKAA?
NYKAA's return on equity of 15.3% ranks in the 72nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in NYKAA?
NYKAA's P/E of 357.0x is lower than 3% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 66.1× price-to-book means most of the value is intangible/expectations, not assets on the books.