FSN E-Commerce Ventures Limited (NYKAA) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.090x

Based on the latest financial reports, FSN E-Commerce Ventures Limited (NYKAA) has a cash flow conversion efficiency ratio of 0.090x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs1.29 Billion ≈ $13.98 Million USD) by net assets (Rs14.39 Billion ≈ $155.67 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is FSN E-Commerce Ventures Limited's balance sheet to measure how much of total assets are equity-financed.

FSN E-Commerce Ventures Limited - Cash Flow Conversion Efficiency Trend (2019–2026)

This chart illustrates how FSN E-Commerce Ventures Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check FSN E-Commerce Ventures Limited cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

FSN E-Commerce Ventures Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of FSN E-Commerce Ventures Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Banco Santander (Brasil) S.A. SA:SANB3	0.200x
Taiwan Mobile Co Ltd TW:3045	0.104x
Strabag SE VI:STR	-0.037x
Anhui Conch Cement Co Ltd SHG:600585	0.036x
Insulet Corporation NASDAQ:PODD	0.087x
Gartner Inc NYSE:IT	0.921x
Oracle Financial Services Software Limited NSE:OFSS	0.132x
Li Auto Inc NASDAQ:LI	-0.087x

Annual Cash Flow Conversion Efficiency for FSN E-Commerce Ventures Limited (2019–2026)

The table below shows the annual cash flow conversion efficiency of FSN E-Commerce Ventures Limited from 2019 to 2026. For the full company profile with market capitalisation and key ratios, see NYKAA market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs15.02 Billion ≈ $162.45 Million	Rs5.88 Billion ≈ $63.61 Million	0.392x	+30.20%
2025-03-31	Rs13.43 Billion ≈ $145.20 Million	Rs4.04 Billion ≈ $43.67 Million	0.301x	+153397.51%
2024-03-31	Rs12.81 Billion ≈ $138.54 Million	Rs2.51 Million ≈ $27.14K	0.000x	+100.19%
2023-03-31	Rs13.92 Billion ≈ $150.56 Million	Rs-1.40 Billion ≈ $-15.17 Million	-0.101x	+61.71%
2022-03-31	Rs13.46 Billion ≈ $145.51 Million	Rs-3.54 Billion ≈ $-38.28 Million	-0.263x	-186.16%
2021-03-31	Rs4.91 Billion ≈ $53.08 Million	Rs1.50 Billion ≈ $16.20 Million	0.305x	+1502.72%
2020-03-31	Rs3.23 Billion ≈ $34.92 Million	Rs61.51 Million ≈ $665.21K	0.019x	+104.41%
2019-03-31	Rs2.31 Billion ≈ $24.98 Million	Rs-997.28 Million ≈ $-10.79 Million	-0.432x	--

About FSN E-Commerce Ventures Limited

NSE:NYKAA India Internet Retail

Market Cap

$10.68 Billion

Rs987.73 Billion INR

Market Cap Rank

#2118 Global

#89 in India

Share Price

Rs344.90

Change (1 day)

+3.45%

52-Week Range

Rs202.13 - Rs344.90

All Time High

Rs415.52