Consumer Cyclical
Fsn E-commerce Ventures Limited (nykaa) Q2 Fy2027: Net Revenue Up 28% Yoy, PAT Surges 207%
FSN E-Commerce Ventures Limited (NYKAA) reports strong Q2 FY2027 results with consolidated net revenue up 28% YoY and PAT surging 207%.
FSN E-Commerce Ventures Limited (referred to as “Nykaa” or the “Company”), today announced its financial results for the quarter ended September 30, 2026, Q2 FY2027. The company delivered strong performance with consolidated net revenue growing 28% year-on-year to Rs. 3,006 crore and Profit After Tax (PAT) surging 207% YoY to Rs. 101 crore.
Financial Highlights
The company reported several key financial metrics: Consolidated Gross Merchandise Value (GMV) grew 30% YoY to Rs. 6,151 crore. EBITDA grew 65% YoY to Rs. 263 crore, and EBITDA margins expanded to 8.7% in Q2 FY2027 compared to 6.8% in Q2 FY2026.
Business Summary
Beauty saw strong momentum on the back of accelerated customer acquisition and premiumization of existing customers, with over 330 brands launched in the past year. House of Nykaa continues to outperform supported by strong innovation. The fourth edition of Nykaaland brought together the beauty community in an immersive, experiential format with over 30,000 attendees. The Superstore business demonstrated how productivity can be improved to build the right foundation for future growth.
Business Highlights
Speaking on this quarter’s results, Falguni Nayar, Executive Chairperson, Founder and CEO of Nykaa, said, “Our performance this quarter reflects the strength of the Nykaa ecosystem, with each of our businesses contributing to growth and productivity gains. We continued to improve operational efficiency, particularly across marketing and overheads. Beauty and Fashion are seeing accelerated growth, while House of Nykaa and Wellness offer significant runway for long-term growth. We remain focused on building differentiated businesses that serve our consumers and deliver sustainable growth over the long term.”
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of FSN E-Commerce Ventures Limited
FSN E-Commerce Ventures Limited belongs to the Consumer Cyclical › Internet Retail sector. Here’s a quick read on where the business and the stock stand today.
FSN holds in the upper half of its 52-week range, a sign the market backs the stock. The PEG reaches 3.28. The stock trades on brand and index weight, not on growth. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The stock trades at 96% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. The business grows revenue at 24.7% and profits at 118.0%, with D/E of 0.00. The stock reflects that strength. Moreover, when fundamentals and price action align, the PEG of 3.28 premium is usually justified. Check Fundamentals of FSN E-Commerce Ventures Limited.
Consumer Cyclical
Lemon Tree Hotels Limited Launches Lemon Tree Resort, Pavagadh in Gujarat
Lemon Tree Hotels Limited announces the launch of Lemon Tree Resort, Pavagadh in Gujarat, offering a blend of leisure and cultural experiences.
Lemon Tree Hotels Limited has announced the launch of Lemon Tree Resort, Pavagadh in Gujarat, marking the group’s 11th operational resort. The resort, managed by Carnation Hotels Private Limited, offers a blend of leisure, cultural experiences, and contemporary hospitality in the historic destination.
Strategic Expansion in Gujarat
The resort is set amidst the region’s rich cultural heritage and natural landscape, providing an inviting getaway for leisure travelers, families, and corporate groups. It offers convenient access to significant historical and spiritual attractions in the area.
Unique Accommodations and Amenities
The resort features 44 rooms across five categories – Heritage Tents, Heritage Cottages, Bunga Huts, Heritage Suites, and Royal Tents. It also includes dining options like Citrus Café, a multi-cuisine restaurant, and facilities for meetings and celebrations such as a banquet hall, two boardrooms, and an expansive outdoor lawn. Guests can enjoy a swimming pool, spa, fitness center, kids’ zone, and various recreational activities.
Commenting on the launch, Mr. Vishvapreet Singh Cheema, President, Lemon Tree Hotels Ltd., said, ‘Gujarat offers a diverse hospitality landscape with opportunities spanning business and industrial centers, pilgrimage destinations, and emerging leisure markets. Our growing presence in the state reflects our confidence in its potential and our commitment to building a portfolio that responds to the diverse travel needs of the region.’ With 14 operational hotels and another 18 in the pipeline, the company remains focused on strengthening its presence across the state.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Lemon Tree Hotels Limited
Lemon Tree Hotels Limited belongs to the Consumer Cyclical › Lodging sector. Here’s a quick read on where the business and the stock stand today.
Lemon trades in the lower quarter of its 52-week range. The business compounds revenue at 16.3% and profits at 25.6% CAGR. That is strong double-digit growth on both counts. Not a single revenue dip or loss quarter in five years — this is a business built to last through cycles. Buyers show up with 1.8x the volume of sellers. Moreover, they dominated on 19 of recent sessions versus 11 for sellers — a healthy accumulation pattern. Both the business and the stock move in the right direction. Revenue grows at 16.3%, profits at 25.6%, and the PEG sits at 1.49 — below its growth rate. That combination is rare. Check Fundamentals of Lemon Tree Hotels Limited.
Auto Parts
Pricol Limited (pricolltd) Reports 33.68% Growth in H1-fy27 PAT
Pricol Limited (PRICOLLTD) reports consolidated PAT of INR 152.23 crores, a 33.68% growth compared to H1-FY26.
Pricol Limited (NSE: PRICOLLTD), one of India’s leading auto component manufacturers, announced its consolidated financial results for the first half of the fiscal year 2026-27 (H1-FY27). The company reported a consolidated profit after tax (PAT) of INR 152.23 crores, marking a significant 33.68% growth compared to the same period in FY26.
Financial Performance
The revenue from operations for H1-FY27 stood at INR 2,417.60 crores, reflecting a year-on-year (YoY) growth of 29.59%. The earnings per share (EPS) – both basic and diluted – increased to INR 12.49, a 33.73% rise from the previous year. The EBITDA for the first half of the fiscal year was INR 281.42 crores, showing a 24.95% YoY growth.
Business Highlights
Pricol’s performance was recognized with several awards, including the ‘Iconic Brands of India 2026’ at the ET Edge Iconic Brands of India Awards. The company also received the ‘Best Production Ramp-Up Support Award’ from TVS Motor Company, highlighting its operational excellence. Additionally, Pricol was honored with the ‘Excellence in Indigenous Design & Parts Development’ Award by Komatsu India Private Limited.
Management Comments
Commenting on the company’s performance, Mr. Vikram Mohan, Chairman & Managing Director, stated: ‘Amid changing business dynamics and evolving market needs, our focus remains on strengthening operational efficiency, maintaining cost discipline, and enhancing productivity. We continue to adapt our strategies to evolving customer expectations and industry developments, with emphasis on technological advancement, product development, quality, and reliability, while keeping in view the future needs and priorities of the business. Our priorities remain centered on agility, competitiveness, and consistent execution to effectively respond to changing business conditions.’
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Pricol Limited
Pricol Limited belongs to the Consumer Cyclical › Auto Parts sector. Here’s a quick read on where the business and the stock stand today.
Pricol posts a 8.7% three-month gain, but softens in the last few weeks. Thin margins at 6.3% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 27.7% and profits at 26.2% CAGR. Both numbers are exceptional. Sellers drive 1.6x the volume of buyers. Furthermore, they controlled 18 of recent sessions versus 12 for buyers — a clear distribution signal. Revenue grows at 27.7% and profits at 26.2%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of Pricol Limited.
Consumer Cyclical
Thomas Cook (india) Limited (thomascook) Posts 27th Consecutive Profitable Quarter
Thomas Cook (India) Limited (NSE: THOMASCOOK) achieves its 27th consecutive profitable quarter with record Q2 revenue of ₹1,272 million.
Thomas Cook (India) Limited (NSE: THOMASCOOK) has announced its 27th consecutive profitable quarter, marking a significant milestone in the company’s growth trajectory. The hospitality giant Sterling Holiday Resorts Limited (SHRL) delivered record Q2 revenue of ₹1,272 million, up 17% year-on-year, despite the traditionally weakest quarter in the hospitality calendar.
Record Expansion and Growth
Sterling Holiday Resorts Limited (SHRL) recorded its highest-ever quarterly expansion, opening seven resorts in Q2 FY27 and taking its portfolio to 83 resorts, crossing the milestone of 4,000 keys. The managed-resort business is emerging as a significant growth driver, with Q2 revenue from managed resorts growing 67% year-on-year to ₹379 million.
Strong Half-Year Performance
Sterling delivered a strong H1 FY27, with revenue from operations growing 19% year-on-year to ₹2,971 million. EBITDA grew 15% to ₹910 million, while Profit Before Tax increased 22% to ₹623 million, reflecting sustained operating momentum and improving business fundamentals.
Robust Financial Health
Sterling ended Q2 FY27 with cash reserves of ₹3,805 million, up 12% sequentially, while maintaining a zero-debt balance sheet. This financial strength provides the flexibility to invest in resort upgrades, technology, guest experience, and expansion opportunities.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Thomas Cook (India) Limited
Thomas Cook (India) Limited belongs to the Consumer Cyclical › Travel Services sector. Here’s a quick read on where the business and the stock stand today.
Thomas trades in the lower quarter of its 52-week range. The PEG of 0.10 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The stock sits at 18% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 18.5% and profits at 223.6%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of Thomas Cook (India) Limited.
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