Nykaa grants fresh 4.05 lakh ESOPs ahead of Q4 results

In the past 3 months, shares of Nykaa have surged over 16 percent, outpacing Nifty 50 index that gained by merely a percent during the same period

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

FSN e-Commerce Ventures, which operates beauty and fashion retail brand Nykaa, granted around 4.05 lakh equity shares under its employee stock option plan (ESOP) ahead of its January-March quarter (Q4FY24) results announcement.

The newly allotted shares are valued at Rs 7.1 crore based on the company's closing price on May 21. Companies usually allot shares to employees to attract or retain talent, align employee and shareholder interests, and enhance overall performance.

Follow our live blog for all the market action

Earlier in March, Meesho had announced an ESOP buyback plan of Rs 200 crore, followed by Pocket FM's repurchase worth Rs 69 crore in April.

Analysts at Elara Securities expect Nykaa to report 19.8 percent year-on-year (YoY) rise in net profit to Rs 1,558 crore in Q4FY24, while recurring profit-after-tax (PAT) is likely to jump by 340 percent YoY to Rs 10 crore.

The company's earnings before interest, tax, depreciation, and amortisation (EBITDA) is also expected to grow by 23.5 percent YoY to Rs 87 crore in the March-ended quarter.

Nykaa has been reporting a steady performance over the last 3 quarters despite overall slowdown in consumer spending. Nuvama expects Nykaa to report 24 percent and 34 percent YoY growth in BPC and fashion gross merchandise value (GMV).

On the other hand, analysts at Kotak Institutional Equities see the company's EBITDA margins expanding by 82 basis points YoY in Q4FY24, thanks to loss reduction in eB2B business as well as fixed-cost operating leverage.

In the past 3 months, shares of Nykaa have surged over 16 percent, outpacing Nifty 50 index that gained by merely a percent during the same period. Nykaa shares hit 52-week high of Rs 195 apiece on January 10, 2024.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.