FSN E-Commerce Ventures enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


1,01,046	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
177	177	125	75.8	41.4
64.1	64.1	41.4	18.8	14.1
747	747	961	680	460
1,01,680	—	—	—	—
570	570	836	605	419
₹355.11	—	—	—	—

2,249	2,249	2,304	1,961	1,853
33.2%	33.2%	41.7%	34.7%	24.9%
0.01×	—	—	—	—

9.55×	—	—	—	—
119.95×	—	—	—	—
197.81×	—	—	—	—
207.33×	—	—	—	—
10,649	10,022	7,950	6,386	5,144
848	752	474	346	256
514	432	208	122	82.8
—	644	467	0.3	−140
490	490	339	−110	−348
—	445	309	−142	−360
—	154	127	111	208

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

NYKAA₹352.90

FSN E-Commerce Ventures Ltd.

· Consumer Services

₹ CrorePeersMEESHO TRENT ETERNAL GMRAIRPORT SWIGGY CONCOR IRCTC NAUKRIMcap ₹1.01L Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	1,01,045.9
- Cash, Equiv & ST Investments	41.4	75.8	124.9	177.2	177.2
+ Minority Interest	14.1	18.8	41.4	64.1	64.1
+ Total Debt	460.4	680.4	961.4	747.2	747.2
Enterprise Value	—	—	—	—	1,01,680.0
Net Debt (memo)	419.0	604.6	836.4	570.0	570.0
EV per Share	—	—	—	—	355.11

Total Capital	1,852.5	1,961.4	2,304.0	2,249.3	2,249.3
Total Debt/Total Capital	24.85	34.69	41.73	33.22	33.22
Total Debt/EV	—	—	—	—	0.01

EV/Sales	—	—	—	—	9.55
EV/EBITDA	—	—	—	—	119.95
EV/EBIT	—	—	—	—	197.81
EV/Free Cash Flow	—	—	—	—	207.33
Reference Items — Trailing FY Values
Sales	5,143.8	6,385.6	7,949.8	10,022.4	10,649.4
EBITDA	256.0	346.2	473.9	752.3	847.7
EBIT	82.8	121.9	207.5	432.0	514.0
Operating Cash Flow	-140.2	0.3	466.6	644.3	—
Free Cash Flow	-348.4	-110.5	339.4	490.4	490.4
FCFF (free cash flow to the firm)	-360.2	-142.4	308.9	444.9	—
Capital Expenditure	208.2	110.7	127.2	153.9	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.