NYKAA Share Price Target From Tomorrow 2024 To 2030: Nykaa was founded in 2012 by Falguni Nayar, a former managing director of Kotak Mahindra Capital Company. It’s an omnichannel platform catering to Indian consumers, with over 2,000 businesses in the fashion, lifestyle, beauty, and wellness categories. Along with other interesting aspects like the Nykaa Share Price Target 2025 and future estimates, this article will guide investors through the many sections of the Nykaa Share Price Predictions moving ahead.
Company About NYKAA
Mumbai is home to the Indian e-commerce business Nykaa. Through its website, mobile app, and more than 100 physical stores, it provides products for beauty, wellness, and fashion. It became the first unicorn firm led by a woman in India in 2020. Nykaa offers products made in India as well as other countries. The company began offering products other than beauty in 2015, switching from an online-only to an omnichannel business model. By 2020, it will have 200,000 products and 2,000 brands available on its many channels.
NYKAA Share Price Current Market Overview
- Market Capitalisation – 54.89KCrores INR
- Reserves – 1,363.98 Cr INR
- Current Prices – 191.96
- 52-Week High – Rs 204.44
- 52-Week Low – Rs 130.75
- NO. OF SHARES – 285.72 Cr.
- P/E – 369.43
- P/B – 33.19
- FACE VALUE – ₹ 1
- DIV. YIELD – 0 %
- BOOK VALUE (TTM) – ₹ 5.84
- EPS (TTM) – ₹ 0.53
- ROE – 3.87 %
- ROCE – 5.40%
NYKAA Share Price Target 2024 T0 2030
|
Year |
Share Price Target (₹) |
|
2024 |
₹248 |
|
2025 |
₹287 |
|
2026 |
₹349 |
|
2027 |
₹445 |
|
2028 |
₹509 |
|
2029 |
₹800 |
|
2030 |
₹1000 |
NYKAA Share Price Target 2024: ₹248
Based on analysis, NYKAA’s minimum share price goal for 2024 is ₹210, a level that the business is anticipated to reach by Q1. By 2024, the highest share price that NYKAA can achieve is ₹248.
NYKAA Share Price Target 2025: ₹287
According to technical analysis, the minimum and maximum share price targets for NYKAA in 2025 are respectively ₹257 and ₹287.
NYKAA Share Price Target 2026: ₹349
We have set a minimum share price objective of ₹300 for NYKAA for the year 2026, which we hope to reach in the first quarter of that year. By Q4 of 2026, the maximum price target of ₹349 can be reached.
NYKAA Share Price Target 2027: ₹445
NYKAA’s projected price objective for 2027 is between ₹368 and ₹445.
NYKAA Share Price Target 2028: ₹509
The share price of NYKAA is predicted to increase every quarter in 2028; the highest goal is likely to be reached by the final quarter of 2028, at ₹509.
NYKAA Share Price Target 2029: ₹800
NYKAA’s share price objective for 2029 will range from ₹689, which is the lowest target, to ₹800, which is the maximum target, provided it continues to increase its profitability.
NYKAA Share Price Target 2030: ₹1000
Given that it is a Gann level, the share price target for NYKAA in the first quarter of 2030 should be approximately ₹826. By the end of 2030, the corporation can achieve its goals of ₹1000.
How to Purchase Nykaa Shares
Because there are so many online trading platforms available, buying Nykaa shares is a simple process. Shares of Nykaa are available for purchase through websites including Angel One, Groww, Upstox, and Zerodha. These platforms make investing in the stock market simple and offer a range of tools to assist clients in managing their portfolios.
Nykaa’s Competitors in the Market
- Myntra Ltd
- Ajio
- Tata Cliq
- Meesho
Investor Profile and Ratios
- Promoters: 52.24%
- Foreign Institutional Investors (FII): 10.65%
- Domestic Institutional Investors (DII): 4.13%
- Retail & Others: 22.14%
- Mutual Funds: 10.85%
Key Financial Ratios
- Current Ratio: 11.29
- Debt-Free Status: The company is virtually debt-free, which is a positive sign for long-term investors.
- Sales Growth: Nykaa’s sales growth over the past three years has been modest at 5.09%, indicating potential areas for improvement.
Advantages of Investing in Nykaa Shares
- Strong Profit Growth: Nykaa’s profits have grown by 59.64% over the past three years, reflecting the company’s ability to scale its operations effectively.
- Debt-Free Status: Being virtually debt-free allows Nykaa to reinvest profits into growth and innovation without the burden of interest payments.
- High Liquidity: With a current ratio of 11.29, Nykaa has a strong liquidity position, ensuring it can meet its short-term obligations with ease.
- Significant Promoter Holding: A high promoter holding of 52.24% indicates confidence in the company’s future prospects.
Disadvantages of Investing in Nykaa Shares
- Modest Sales Growth: Nykaa’s sales growth has been relatively modest at 5.09% over the past three years. This could be a concern for investors seeking high-growth opportunities in the e-commerce sector.
- Low Return on Equity (ROE): Nykaa’s ROE stands at a modest 3.87%, which may indicate that the company is not utilizing its equity base as efficiently as it could to generate profits. Investors typically look for higher ROE figures as a sign of strong financial performance.
- Negative Cash Flow from Operations: Nykaa’s cash flow from operations is negative, at -₹3.89 crore. This is a red flag for investors, as it suggests the company may be spending more on its operations than it is earning, which could impact its long-term sustainability if not addressed.
- Contingent Liabilities: Nykaa has contingent liabilities amounting to ₹641.66 crore. While these liabilities are not immediate debts, they could become financial obligations in the future, which might strain the company’s finances if they materialize.
