Shubham Dalia

Analyst
(91) 02241611544
shubham.dalia@incredresearch.com
Executive Summary

Valuation
Company Industry Sector Rating MktCap
(US$bn)
Price Target
Price
Up/
down (%)
CORE EPS EPS Growth (%) PER (x) P/Bk (x) EV/EBITDA (x) Yield (%) ROAE (%)
FY24 FY25F FY26F FY25F FY26F FY25F FY26F FY25F FY26F FY25F FY25F FY25F
FSN Ecommerce Technology - Others Technology REDUCE 6.6 197 103 (47.6)% 0.2 0.2 0.2 53.3% (2.7%) 840.60 863.56 42.37 40.39 127.39 0.00% 5.2%

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