Why is FSN E-Commerce Ventures Ltd ?
1
Healthy long term growth as Net Sales has grown by an annual rate of 32.64% and Operating profit at 36.63%
2
With a growth in Net Profit of 16.25%, the company declared Outstanding results in Mar 26
- The company has declared positive results for the last 10 consecutive quarters
- OPERATING PROFIT TO INTEREST(Q) Highest at 8.47 times
- PBT LESS OI(Q) At Rs 112.37 cr has Grown at 92.8% (vs previous 4Q average)
- NET SALES(Latest six months) At Rs 5,521.43 cr has Grown at 27.55%
3
High Institutional Holdings at 37.76%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
How much should you buy?
- Overall Portfolio exposure to FSN E-Commerce should be less than 10%
- Overall Portfolio exposure to E-Retail/ E-Commerce should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in E-Retail/ E-Commerce)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is FSN E-Commerce for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
FSN E-Commerce
37.28%
1.32
28.17%
Sensex
-8.79%
-0.67
13.06%
Quality key factors
Factor
Value
Sales Growth (5y)
32.64%
EBIT Growth (5y)
36.63%
EBIT to Interest (avg)
1.93
Debt to EBITDA (avg)
2.98
Net Debt to Equity (avg)
0.64
Sales to Capital Employed (avg)
2.70
Tax Ratio
38.24%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
37.76%
ROCE (avg)
8.19%
ROE (avg)
5.34%
Valuation Key Factors 
Factor
Value
P/E Ratio
355
Industry P/E
45
Price to Book Value
51.87
EV to EBIT
174.79
EV to EBITDA
100.37
EV to Capital Employed
32.05
EV to Sales
7.53
PEG Ratio
1.63
Dividend Yield
NA
ROCE (Latest)
18.34%
ROE (Latest)
14.62%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
No Trend
Technical Movement
33What is working for the Company
OPERATING PROFIT TO INTEREST(Q)
Highest at 8.47 times
PBT LESS OI(Q)
At Rs 112.37 cr has Grown at 92.8% (vs previous 4Q average
NET SALES(Latest six months)
At Rs 5,521.43 cr has Grown at 27.55%
PAT(Latest six months)
Higher at Rs 151.80 cr
ROCE(HY)
Highest at 17.37%
DEBTORS TURNOVER RATIO(HY)
Highest at 34.63 times
EPS(Q)
Highest at Rs 0.27
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for FSN E-Commerce
Operating Profit to Interest - Quarterly
Highest at 8.47 times and Grown
each quarter in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 112.37 cr has Grown at 92.8% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 58.27 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 78.38 cr has Grown at 106.2% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 38.02 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 78.38 cr. and Grown
each quarter in the last five quartersMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Latest six months
At Rs 5,521.43 cr has Grown at 27.55%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Highest at 34.63 times and Grown
each half year in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Earnings per Share (EPS) - Quarterly
Highest at Rs 0.27
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)






