Here's What Analysts Are Forecasting For FSN E-Commerce Ventures Limited (NSE:NYKAA) After Its Second-Quarter Results
FSN E-Commerce Ventures Limited (NSE:NYKAA) last week reported its latest quarterly results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. FSN E-Commerce Ventures reported in line with analyst predictions, delivering revenues of ₹30b and statutory earnings per share of ₹0.35, suggesting the business is executing well and in line with its plan. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
After the latest results, the 26 analysts covering FSN E-Commerce Ventures are now predicting revenues of ₹128.4b in 2027. If met, this would reflect a decent 13% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to soar 52% to ₹1.71. In the lead-up to this report, the analysts had been modelling revenues of ₹128.4b and earnings per share (EPS) of ₹1.72 in 2027. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
View our latest analysis for FSN E-Commerce Ventures
The analysts reconfirmed their price target of ₹350, showing that the business is executing well and in line with expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on FSN E-Commerce Ventures, with the most bullish analyst valuing it at ₹414 and the most bearish at ₹220 per share. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the FSN E-Commerce Ventures' past performance and to peers in the same industry. It's clear from the latest estimates that FSN E-Commerce Ventures' rate of growth is expected to accelerate meaningfully, with the forecast 29% annualised revenue growth to the end of 2027 noticeably faster than its historical growth of 23% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 18% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect FSN E-Commerce Ventures to grow faster than the wider industry.
The Bottom Line
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at ₹350, with the latest estimates not enough to have an impact on their price targets.
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple FSN E-Commerce Ventures analysts - going out to 2029, and you can see them free on our platform here.
You can also view our analysis of FSN E-Commerce Ventures' balance sheet, and whether we think FSN E-Commerce Ventures is carrying too much debt, for free on our platform here.
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