Nykaa Share Price Target 2022, 2023, 2025, 2030
Nykaa Share Price Target 2022,2023, 2025, 2030
Nykaa is a popular Indian beauty products retailer. It sells products across categories such as makeup, skincare, hair care, and fragrance. The company was founded in 2012 by Falguni Nayar and has since become a well-known name in the Indian beauty industry. Nykaa went public in October 2019 and its share price has been on a steady rise since then. In this blog post, we will take a look at Nykaa’s share price target for the next few years and see how it is doing compared to its competitors.
What is Nykaa?
Nykaa is an Indian beauty and wellness retailer, which was founded in 2014. The company sells both online and offline, through its website and app, as well as through brick-and-mortar stores. Nykaa offers a wide range of products across categories such as makeup, skincare, hair care, bath and body, fragrances, and wellness. It also has a premium line of products called Nykaa Luxe.
Nykaa Company Details
Nykaa was founded in 2012 by Falguni Nayar, a former investment banker. The company is headquartered in Mumbai, India. Nykaa is an online beauty and wellness retailer. The company sells beauty and personal care products through its website and mobile app. Nykaa offers products from over 1000 brands, including international and Indian brands. The company has a team of over 200 experts who provide guidance on choosing the right products for individual needs.
Nykaa has raised a total of $205 million in funding from investors including Tiger Global Management, TPG Growth, LVMH Moet Hennessy Louis Vuitton SE, and Naspers.
How to buy shares in Nykaa
Assuming you are a first-time investor looking to invest in Nykaa, here is a step-by-step guide on how you can buy shares in the company:
1. Approach a stockbroker: You will need to approach a SEBI-registered stockbroker to buy shares in Nykaa.
2. Open a Demat account: Once you have decided on the stockbroker you wish to approach, you will need to open a Demat account with them. This is where your shares will be held electronically.
3. Fill out the necessary forms: You will then need to fill out the necessary forms with your stockbroker, including a KYC form and an application for opening a Demat account.
4. Place your order: Once all the forms have been filled out and submitted, you can place your order for Nykaa shares through your stockbroker.
5. Pay for your shares: Once your order has been placed, you will need to pay for your shares using an online or offline payment method accepted by your stockbroker.
Nykaa Share Price Target 2022
Nykaa is a leading beauty retailer in India with a large selection of products across makeup, skincare, fragrance, hair care, and more. The company has been growing rapidly and has plans to continue expanding its reach in the coming years. Nykaa went public in October 2019 and since then, its share price has been on a roller coaster ride.
Despite the volatile share price, analysts are bullish on Nykaa and have set a target price of Rs 1,500 for 2022. This target price represents a significant upside from the current share price of around Rs 1,100.
The main reason for the bullishness is Nykaa’s strong growth prospects. The company is expected to benefit from the growing demand for beauty products in India as well as its expansion into new categories such as apparel and accessories. Moreover, Nykaa’s recent acquisition of Kama Ayurveda will help it tap into the growing demand for ayurvedic products.
With strong growth prospects and a favorable long-term outlook, Nykaa is an attractive investment at its current share price.
Nykaa Share Price Target 2025
Nykaa Share Price Target 2025
The Nykaa share price target for 2025 is set at Rs.4,000. This means that the expected return on investment (ROI) for Nykaa shareholders is 20%.
This ROI is based on Nykaa’s current share price of Rs. 500 and its expected earnings growth rate of 30% per year over the next five years.
Nykaa’s expected earnings growth rate is based on its strong historical performance and its bright future prospects. The company has been growing at a rapid pace and is expected to continue doing so in the future.
Nykaa’s share price has already tripled in the last three years and is expected to continue to rise at a similar pace in the coming years. Therefore, the Nykaa share price target for 2025 seems achievable and even conservative.
Nykaa Share Price Target 2030
Nykaa’s share price target for 2030 is ambitious but achievable. The company has a strong track record of growth and profitability and is well-positioned to continue its success in the future.
Nykaa’s shares are currently trading at around Rs. 1,600, and the company has a market capitalization of Rs. 60,000 crores. At this rate, Nykaa would need to grow its business by 20% every year for the next 10 years to achieve its share price target of Rs. 3,000 by 2030.
This is an ambitious but achievable target. Nykaa has consistently grown its sales and profits at double-digit rates over the past few years, and there is no reason why it cannot continue to do so in the future. The company has a strong brand presence in India and is expanding rapidly into new categories and geographies.
Nykaa’s shares are reasonably priced at current levels and offer good long-term growth potential. Investors looking for exposure to the Indian consumer sector could consider buying Nykaa shares with a long-term view.
Nykaa Share Price Target 2050
Nykaa is an Indian multinational beauty retailer headquartered in Mumbai. The company was founded in 2014 by Falguni Nayar, a former investment banker. Nykaa sells beauty and wellness products through its website and stores across India. As of March 2018, Nykaa had raised $106 million from investors including Tiger Global Management, TPG Growth, LVMH Moët Hennessy – Louis Vuitton SE, and Highland Capital Partners.
Nykaa went public on the National Stock Exchange of India (NSE) in October 2019. As of November 2020, Nykaa’s market capitalization was ₹47 billion (US$660 million).
In November 2020, Bank of America Merrill Lynch upgraded Nykaa to a ‘buy’ rating with a price target of ₹4,500 per share, citing strong growth prospects for the company. Goldman Sachs has also set a price target of ₹4,500 for Nykaa shares for December 2021.
Nykaa Financial Performance
Nykaa is an Indian beauty and wellness company. The company was founded in 2014 by Falguni Nayar. Nykaa sells products through its e-commerce platform, as well as through physical stores.
Nykaa has been growing rapidly since its inception. In FY2019, Nykaa’s revenue stood at Rs 1,236 crore, up from Rs 854 crore in FY2018. This growth was driven by strong growth in both online and offline sales. Nykaa’s online sales grew by 70% in FY2019, while offline sales grew by 40%.
Nykaa has been profitable since FY2017. In FY2019, Nykaa’s net profit stood at Rs 64 crore, up from Rs 41 crore in FY2018.
Nykaa’s share price has also grown rapidly in recent years. Nykaa’s shares were listed on the National Stock Exchange of India (NSE) in November 2017. Since then, the stock has risen significantly and is currently trading at around Rs 2,700 per share.
Analysts have set a 12-month target price of Rs 2,700 for Nykaa shares. This is nearly 50% higher than the current market price of Rs 1,842. The e-commerce platform for beauty and wellness products has been on a roll, with strong growth in both revenues and profits.
The company’s good performance is expected to continue in the future, thanks to its strong brand equity, wide product range, and efficient supply chain. Moreover, Nykaa is now expanding into new categories such as fashion and lifestyle products, which should help boost growth further.
Thus, despite the current high valuation, Nykaa shares still have decent upside potential.
Nykaa Share For Long-Term Investment
Nykaa is an Indian beauty and wellness retailer founded in 2012. The company sells a wide range of products across categories including makeup, skincare, hair care, bath & body, fragrances, and more. Nykaa has been consistently profitable since FY17 and has reported strong growth in recent years.
Here are three reasons why we believe Nykaa is a good long-term investment:
1. Strong brand presence and awareness: Nykaa has built a strong brand presence in India with over 1 million loyal customers. The company has a wide distribution network including online channels (Nykaa.com) and offline stores (Nykaa On Trend).
2. Focused on quality and customer satisfaction: Nykaa is focused on providing quality products and excellent customer service. This has helped the company build a loyal customer base that keeps coming back for more.
3. Robust financials: Nykaa is a financially strong company with growing revenues and profits. The company has zero debt on its balance sheet and continues to invest in growth initiatives such as expanding its product range and store network.
We believe Nykaa is well-positioned for long-term growth and recommend it as a good investment option.