Discover and read the best of Twitter Threads about #NYKAA

Most recents (20)

#MarketAtClose | #Midcaps continue to outperform, Nifty Midcap Index posts record close
#Sensex, #Nifty & #NiftyBank close with minor gains in a range-bound session
Sensex rises 119 points to 62,547 & Nifty 46 points to 18,534
Midcap Index gains 154 points to 33,967 & Nifty Bank…… Image
#MarketAtClose | #Metal stocks rise on improved global prices, #Hindalco up over 3%
#ApolloHospitals gains another 3% on Friday, up 8% for the week
#HeroMoto continues its positive run, less than 2% away from 52-wk high
#Auto stocks rise after strong sales in May, M&M, #Maruti,……
#MarketAtClose | #Pharma stocks see some buying, Dr Reddy’s, Sun, Laurus up over 1% each
New-age cos like #Zomato & #Nykaa see healthy gains on Friday, up 4-8%
4 #Nifty stocks (#BajajAuto, #Britannia, #TaMo, #ApolloHosp) hit 52-week highs today
M&M Fin gains more than 1% to hit……
Read 4 tweets
Breaking: Shark Tank India is Cancelled after 2 Seasons?

So... everyone seems to think Shark Tank India is the "next big thing" on TV - but I think it's not coming back for the next season.

And here's how I think this whole thing will go down…

Thread. 🧵 Shark Tank cancelled
Disclaimer - I don't *want* Shark Tank India to fail. The world is more fun if it wins...

But wanting something doesn't mean it's going to happen. If it did, then every bag of chips would have more chips and less air.
OK, let's pretend you are the CEO of Sony India.

Congrats. You did it!

People like your channel. No, no - they LOVE your channel.

But there is a problem. You are not in the top 10 GE channels in India.

Despite having shows like KBC, Kapil Sharma, Indian Idol…

Read 57 tweets
💄"From Glam to Glum: Nykaa's Profits Fall by 71%"

[THREAD🧵] to explain Q3 Results & Nykaa's Business👇

1) Nykaa is involved in three different business segments, which are:

a) Fashion
b) Beauty and Personal Care (BPC)
c) Other

#Nykaa #earnings Image
2) The revenue from operations in Q3 is 1,462 crore, reflecting a YoY growth of 33%.

3) There was a 37% growth in the total value of sales, as measured by GMV.
4) There has been a 71% year-on-year decline in the profit after tax, which now stands at 8.5 Cr in Q3.

o Gross profit margin reduced by 293bps

o EBIDTA grew by only 13% but EBIDTA margin fall from 6.3% to 5.3%
Read 7 tweets
Our Research team has upgraded Nykaa from hold to ADD as valuation has turned palatable.

At current price, a reverse DCF shows valuation is factoring in a 15% revenue CAGR, which is reasonable.

More details in thread below:
#Nykaa #ICICISecurities Image
As per our estimates, value of BPC business segment is Rs 100 assuming no operating revenue/profit from fashion & other new biz (B2B + BPC-Men).

Sensitivity analysis:

Value potential for BPC business: Rs 100-240
Value potential for fashion business: Rs 14-75

CMP: 129

Key metrics and charts - consolidated business

#Nykaa #ICICISecurities Image
Read 6 tweets
On #NYKAA (FSN Ecom), even at the current mkt pls and assuming the most aggressive PAT estimate for FY24, it’s still trading at 178X. Just does not make sense.

A more reasonable PE is 45X which were given for high growth SAAS companies that were making profits. ONE
ONE big mistake investors made when accessing estimates of #NYKAA was that the Avg Ticket size in the DRHP was Rs2500-3000 whcih people didn’t realise was due to RICH people who were NOT able to shop abroad and BUYING sitting at home (Covid) ordering in Bulk.
One more thing, many of these people are now travelling and buying stuff. Or thier friends from overseas are getting it for them.

One more thing. People spent more on Trying out expensive stuff since they were saving money on Salons & Beauty Palor Services.
Read 7 tweets
It is said that the VALUE is in the eyes of the beholder so in the next 15 min, let me derive the VALUATION range for #Mamaearthipo with facts and figures.

A thread 🧵
#mamaearth became the 1st unicorn in 2022 with signs of profitability and is likely to be the 1st new age D2C Startup to have an IPO after audiotech brand #Boat withdrew its IPO plans earlier this year citing uncertain market; it is imp to understand the positioning of #Mamaearth
Although D2C Startups command a higher Valuation, approx 60% of the Sales of #mamaearth comes from third party e-commerce marketplace including Amazon, Flipkart and Nykaa
Honasa Balance Sheet shows huge Trade receivables of 141 Cr which shows that it is dependent on offline sales
Read 14 tweets
“Good corporate governance is about 'intellectual honesty, not just sticking to rules & regulations, capital flowed towards co that practice good governance'

Mega thread 🧵 of Corporate Governance issues, frauds exposed by us

Like Share Retweet Follow if you find valuable
Before moving ahead if you want to know who is behind Beat The Street and What exactly Beat The Street does?

Here is thread

All thanks to the team behind the stage @SudzzBTS @nimishshp
If you want to read Beat The Street Corporate Governance Coverage in documentary format you can read here…
Read 20 tweets
This is for #Nykaa investors.
Assume you hold 100 Nykaa shares from the #IPO.
The IPO price was 1125.
A 5:1 bonus was issued.
Today you own 600 shares.
The cost of your original 100 shares will be your IPO purchase price.
If you sell now at 175, let's see the overall impact. 1/n
First , let us see the tax impact.
Your original 100 shares cost ₹1125.
IPO listing date was November 11, 2021. Share allotment date was between November 1 and 8, 2021.

If you sold your original 100 shares at ₹175, you attract a long term capital loss of ₹950. #Nykaa 2/n
Now to the bonus shares of 500. The cost of these 500 shares will be zero.
When you sell them within a year from the allotment date of the bonus shares, you will attract a short-term capital gains tax of 15%.

In reality, you never made a profit. You actually made ₹75 loss. 3/n
Read 7 tweets
One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times

Covering one of the most unique set ups: Extended moves & Reversal plays

Time for a 🧵 to learn the above from @iManasArora
What qualifies for an extended move?

30-40% move in just 5-6 days is one example of extended move

How Manas used this info to book profits

Read 34 tweets
#NewPosition - LONG in #NYKAA at 1464

Reversal play

Trade reason same as #JSL shared yesterday
Extended on both - Daily & smaller frame.



Sold 1/3rd position
Read 5 tweets
#Nykaa Q3 2022 Concall Highlights 💅

Like & Retweet for better reach !

Financial highlights

1. Consolidated Revenue from Operations grew 24% QoQ and 36% YoY to ₹ 1098.4 Cr in Q3 FY22
2.Revenue from sale of products grew 24% QoQ
3. Income from Marketplace services grew 2% QoQ and 154% YoY in Q3 FY22.

4. Advertisement revenue grew 33% QoQ and 53% YoY in Q3 FY22,
EBITDA was ₹ 69 Cr in Q3 FY22 at a margin of 6.3% vs 3.3% in Q2 FY22.
5. PAT was ₹ 290 million in Q3 FY22 a -58%YoY decline. This was mainly due to higher marketing expense.
6. ₹ 430 cr cash balance in the books.
Read 15 tweets
I have a very logical strategy cum observation for those who like investing in IPOs but not getting allotment

And just watching the price of the IPO going up up and up

Typically what happens

The #IPOs which are very good are #oversubscribed and we don’t get any allocation
And those IPOs which are not so good then we get the location and then the #IPO get #listed at lower price..

So here is the simple logical observation cum strategy


1. Whenever a good company IPO get listed, just observation for next one month.. it should trade above the allocation price by 20-30%

2. Just after one month Anchor investors gets an opportunity to book their profits..

3. Observe the #stock price for next week

Read 9 tweets
Nykaa is in the news today. Our analysis:

“Makeup is not a mask that covers up your beauty; it’s a weapon that helps you express who you are from the inside”. Michelle Phan

Looking good is a basic need of any human being – it is a bit more pronounced in the fairer sex (1/n)
Beauty, personal care and fashion products are an age old industry which would also be evergreen. We may shift from offline to online or from chemical based to natural/vegan etc but the need would always be there (2/n)
Current size of the online beauty & personal care (BPC) market in India is estimated to be around USD 1.6 bn. Expected growth rate could be north of 25% (3/n)
Read 9 tweets
#FalguniNayar becomes India’s wealthiest self-made female billionaire after Nykaa’s successful IPO

#NykaaIPO @MyNykaa…

By @Krittiiii
@MyNykaa @Krittiiii .@MyNykaa founder and chief executive #FalguniNayar has become India’s wealthiest self-made female billionaire after the beauty ecommerce brand’s successful initial public offering (IPO).

#nykaa #nykaaIPO
@MyNykaa @Krittiiii According to the Bloomberg Billionaires Index, Nayar’s net worth surged to $6.5 billion as Nykaa listed at a over 70% premium on the stock market.

#FalguniNayar #nykaa #nykaaIPO
Read 9 tweets

Key points

IPO Open Date~ Oct 28, 2021

IPO Close Date~ Nov 1, 2021

IPO Listing Date~ Nov 11, 2021

IPO Price~ ₹1085 to ₹1125 per equity share

Minimum application amount~ ₹13,500

Maximum application amount~ ₹189,000
Summary of financial Information (Restated Consolidated)
Loss making to marginal profitable company

1. Promoted by Nayar Family.

Yes, Sanjay Nayar of KKR.

Sanjay Nayar is the Chairman & CEO of the Indian arm of the private equity giant~ KKR.
Read 12 tweets
We believe that the most interesting aspect of Nykaa's business is CONTENT. Do read the below article before making a decision on applying for #NykaaIPO.Here's a short thread 🧵on different content initiatives taken by #nykaa.Do like and retweet if you liked the thread. Thank you
#Nykaa believes in both BPC and fashion businesses, consumers often require assistance to navigate and make purchase decisions. Nykaa wants to simplify lifestyle commerce through influencer-led inspirational and educational transmedia #Content
#Nykaa has a network of 1,363 influencers, including Generation Z trendsetters, mommy bloggers, beauty, fashion, and lifestyle bloggers, makeup artists, and celebrities. Nykaa is attracting these influencers by paying commission for the sales they drive on our platform.
3/n Image
Read 8 tweets
So who is Falguni Nayar? what's her story and how did he end up starting #nykaa and becoming India's 1st women entrepreneur to lead a unicorn into the public markets. A short thread 🧵 Image
Falguni Nayar did her MBA in Finance from IIM-A and
worked with Kotak Mahindra group as an investment banker in US and UK for 18 years. In April 2012, she quit as MD after she turned 50 and found #Nykaa. People thought I was crazy,” Nayar said to Vagabomb.
The brand name #Nykaa is derived from the Sanskrit word nayaka, meaning ‘one in the spotlight’. Nykaa sells beauty, wellness, and fashion products through digital and 76 offline stores for men and women.
Read 10 tweets
Thread on #Nykaa DRHP Findings - Business & Valuations

Nykaa has hogged a lot of limelight as it will be the first Indian beauty retailer to list on the exchanges and it is profitable too! (FY21 was profitable, not earlier)

Hit the Retweet to spread this thread about Nykaa :)

About Nykaa -

- Incorporated in 2012
- Evolved from a beauty retailer to a lifestyle focused tech platform
- As of FY21, they offered ~2.0 million SKUs from 3,826 national and international brands

- They have a diverse portfolio of beauty, personal care, and fashion products, including owned brand products (Portfolio of 13 owned brands) manufactured by them. They have an Omnichannel presence
Read 26 tweets

*1st profitable e-commerce co to hit the IPO market

*Turned net cash from net debt in FY21

*Eyeing valuation of $4-5bn

*Assuming $4bn valuation
IPO priced at TRAILING FY21
12x sales

#StockMarket #nykaaIPO #Nykaa Image

-Turned EBIDTA positive in FY19
-Turned Profitable in FY21
-Margins Improving
-GM doubled in past 5 years to more than 40% in FY20 (Jefferies)
-A&P spends at 10-11% of Revenues

#StockMarket #nykaaIPO
What’s Working: Jefferies

-Focus on Beauty & Personal Care (BPC) a high margin biz

-Focus on unit economies Delivery charges of 70 below 500 order

-No discount from own pocket, discounts funded by brands

-Uptick on margin, no distributor or wholesale channel

Read 3 tweets
2021 could finally be the year of India’s #TechIPOs as startups like @zomato, @delhivery, @policybazaar head for the public markets…

By @SanchDash
@zomato @delhivery @policybazaar @SanchDash Multiple Indian startups like @zomato, @delhivery @policybazaar, @FreshworksInc, @Flipkart, @MyNykaa are reportedly eyeing the public markets in 2021.

#TechIPO #IPOs
@zomato @delhivery @policybazaar @SanchDash @FreshworksInc @Flipkart @MyNykaa India’s market regulator Securities and Exchange Board of India (SEBI) too is looking to ease norms to facilitate startup #IPOs in the country.

Read 10 tweets

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