FSN E-Commerce Ventures (BOM:543384) ROCE %: 31.91% (As of Mar. 2026)

What is FSN E-Commerce Ventures ROCE %?

FSN E-Commerce Ventures BOM:543384 +1.02% 87 ROCE % is 31.91% as of Mar. 2026. GuruFocus rates BOM:543384 with a GF Score™ of 87/100 and a GF Value™ of ₹295.24 (Fairly Valued). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. FSN E-Commerce Ventures's annualized ROCE % for the quarter that ended in Mar. 2026 was 31.91%.

FSN E-Commerce Ventures (BOM:543384) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

FSN E-Commerce Ventures ROCE % Related Terms

FSN E-Commerce Ventures ROCE % Historical Data

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The historical data trend for FSN E-Commerce Ventures's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

FSN E-Commerce Ventures ROCE % Chart

FSN E-Commerce Ventures Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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8.03

6.43

9.15

14.06

24.37

FSN E-Commerce Ventures Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															15.26	16.24	19.88	31.77	31.91

87GF Score

FSN E-Commerce Ventures Ltd BOM:543384

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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FSN E-Commerce Ventures ROCE % Calculation

FSN E-Commerce Ventures's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2026 )		(A: Mar. 2025 )		(A: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2026 )		(A: Mar. 2025 )		(A: Mar. 2026 )
	=	4473.5	/	( ( (39795.3 - 21605.9)	+	(46113.8 - 27582.5) )	/ 2 )
	=	4473.5	/	( (18189.4	+	18531.3)	/ 2 )
	=	4473.5	/	18360.35
	=	24.37 %

FSN E-Commerce Ventures's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	5914	/	( ( (0 - 0)	+	(46113.8 - 27582.5) )	/ 1 )
	=	5914	/	( ( 0	+	18531.3 )	/ 1 )
	=	5914	/	18531.3
	=	31.91 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 31.91% mean?

FSN E-Commerce Ventures (BOM:543384) has a ROCE % of 31.91% as of Mar. 2026.

Is FSN E-Commerce Ventures' ROCE % too high?

FSN E-Commerce Ventures' current ROCE % is 31.91%. The Retail - Cyclical industry median ROCE % is 7.59. FSN E-Commerce Ventures' value of 31.91% is 320.7% above this industry median. Overall, FSN E-Commerce Ventures has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does FSN E-Commerce Ventures' ROCE % compare to AMZN and BABA?

FSN E-Commerce Ventures' ROCE % of 31.91% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.59. FSN E-Commerce Ventures' value of 31.91% is 320.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Retail - Cyclical company?

The median ROCE % among Retail - Cyclical companies is 7.59, based on 1,110 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FSN E-Commerce Ventures's current ROCE % of 31.91% is 320.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Retail - Cyclical industry, the median ROCE % is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FSN E-Commerce Ventures's current ROCE % is 31.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is FSN E-Commerce Ventures stock overvalued right now?

Based on GuruFocus' analysis, FSN E-Commerce Ventures (BOM:543384) is currently considered Fairly Valued. The stock's GF Value™ is ₹295.24, compared to a current price of ₹323.95 — trading 9.7% above its estimated fair value. The current ROCE % is 31.91% and 320.7% above the Retail - Cyclical industry median of 7.59. FSN E-Commerce Ventures' overall GF Score™ is 87/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For FSN E-Commerce Ventures (BOM:543384), the current ROCE % is 31.91% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is FSN E-Commerce Ventures (BOM:543384) Overvalued in 2026?

Based on GuruFocus' analysis, FSN E-Commerce Ventures stock appears to be overvalued. The current stock price of ₹323.95 is trading 9.7% above its estimated GF Value™ of ₹295.24. GuruFocus considers FSN E-Commerce Ventures to be Fairly Valued.

Key valuation signals for BOM:543384:

ROCE %: 31.91%
GF Value™: ₹295.24 vs. price of ₹323.95 (9.7% above fair value)
GF Score™: 87/100 with 4 warning signs
Industry Position: 320.7% above the Retail - Cyclical median

No single metric tells the full story. See the BOM:543384 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

FSN E-Commerce Ventures Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies NSE:MEESHO NSE:SWIGGY NSE:FIRSTCRY BOM:534597 BOM:524622 NSE:ACETEC NSE:KORE NSE:ISFT BOM:544079 NSE:WOMANCART AMZN BABA PDD XAMS:PRX MELI DASH SE HKSE:03690 EBAY JSE:NPN

Other Exchanges NYKAA:India

Address Appasaheb Marathe Marg, A2, 4th Floor, Cnergy IT Park, Opposite Tata Motors, Prabhadevi, Mumbai, MH, IND, 400025

Website https://www.nykaa.com

FSN E-Commerce Ventures Ltd is engaged in the business of manufacturing, selling and distributing beauty, wellness, fitness, personal care, health care, skin care, hair care products, fashion garments, fashion accessories and equipments on the online portals or websites such as e-commerce, m-commerce, internet, intranet as well as through physical stores, stalls, general trade and modern trade etc. In addition, it also provides marketing support services. The group operates in the following segments: Beauty, Fashion, and Others. The majority of its revenue is generated from the Beauty segment, which comprises online beauty platform, beauty-owned brands, physical retail stores, eB2B distribution business, and Nykaa Man BPC business. Geographically, the group derives key revenue from India.

87GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹323.95

Price

₹295.24

GF Value

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