Comparison · NSE · data 2026-11-01
Vedant Fashions Limited vs FSN E-Commerce Ventures Ltd.
In plain words
Size: FSN E-Commerce Ventures Ltd. is about 8.6 times the market value of Vedant Fashions Limited.
Valuation (P/E): FSN E-Commerce Ventures Ltd. 390.6 vs Vedant Fashions Limited 30.1.
Return on equity: Vedant Fashions Limited 20% vs FSN E-Commerce Ventures Ltd. 14.6%.
Profit growth over 3 years: FSN E-Commerce Ventures Ltd. 118% a year vs Vedant Fashions Limited -4.3% a year.
Debt to equity: FSN E-Commerce Ventures Ltd. 0.86 vs Vedant Fashions Limited 0.23.
Differences in the numbers, not a recommendation of either stock.
Side by side
| MANYAVAR | NYKAA | |
|---|---|---|
| Price | ₹478.55 | ₹349.35 |
| Market cap | ₹11,619 cr | ₹1,00,465 cr |
| P/E | 30.1 | 390.6 |
| P/B | — | — |
| ROE | 20.0% | 14.6% |
| ROCE | 18.4% | 22.2% |
| Debt / equity | 0.23 | 0.86 |
| Operating margin | 32.2% | 4.7% |
| Dividend yield | 1.62% | 0.00% |
| Sales growth, 3 years (yearly) | 1.9% | 24.9% |
| Profit growth, 3 years (yearly) | -4.3% | 118.0% |
| 1-year return | -30.3% | 35.6% |
| Revenue, last 12 months | ₹1,456 cr | ₹10,649 cr |
| Net profit, last 12 months | ₹386 cr | ₹256 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹81 cr | ₹80 cr |
| Quarter profit vs a year earlier | +14.7% | +243.1% |
| Promoter holding | 74.94% | 52.07% |
| Health check | Average (5.5/10) | Strong (6.7/10) |
Common questions
Which has a higher P/E, Vedant Fashions Limited or FSN E-Commerce Ventures Ltd.?
FSN E-Commerce Ventures Ltd. trades at the higher P/E (390.6 against 30.1). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Vedant Fashions Limited (20.0% against 14.6%).
Which carries more debt?
FSN E-Commerce Ventures Ltd. has the higher debt-to-equity ratio (0.86 against 0.23).