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Unlisted Shares

Flipkart Essentials

As of July 27, 2024, Flipkart India, Unlisted Shares are trading at ₹52289.00 per share, with a 52-week high of ₹52289 and 52-week low of ₹51058. The minimun lot size is 4 shares, and the shares are traded on NSDL and CDSL.

ISIN

INE075T01014

Face Value

₹ 1

Total Share

1,22,91,210

Total Income

₹ 55,823.9 undefined

Profit After Tax

₹ ****

EPS

₹ ****

P/B

****

Market Capitalisation

₹ 64,269.51 Cr

Enterprise Value

₹ ****

Book Value

₹ 7,734.38

Intrinsic Value

₹ ****

Earnings Yield

-7.21 %

Sector

Consumer Discretionary

Sub-sector

Retail Online

Category

Decacorns

Cashflow - Operations

-₹ 7,645.4

Cashflow - Financing

8,449.4

Flipkart Growth

Compounded Sales Growth

1 Year

3 Year

7 Year

Return On Equity

2017

2020

2023

Highlights

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  • leading e-commerce player in India: Flipkart, the undisputed leader in Indian e-commerce, boasts a commanding market share of around 48%, outpacing its closest competitor, Amazon. This dominance translates to a vast product selection, robust logistics network, and a strong brand presence across the country.This means nearly half of all e-commerce business in India goes through Flipkart. 
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  • Strong User Base Growth: Flipkart's user base is expanding at a rate of 21% year-over-year (y-o-y), exceeding the overall industry growth. Mobile phones and apparel are Flipkart's biggest strengths, contributing around 80% of their market share. Their acquisition of Myntra bolstered their lead in the fashion segment.
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  • Revenue growth: The company's revenue surged from Rs 50,992 Cr in FY22 to Rs 55,824 Cr in FY23, reflecting a growth rate of 9%. Over the past five years, the company has maintained a consistent growth trajectory, with its revenue expanding at a compound annual growth rate (CAGR) of 21%.
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  • Partnership with big brands: Flipkart has a vast network of brands across various categories. Here are some potential big brands Flipkart have partnerships with:
  1. Technology Partners: Flipkart collaborates with companies like ServiceNow, Shopify, and Slack to optimize its internal operations and provide a seamless user experience. These partnerships enhance Flipkart's technological capabilities in areas like customer service, logistics, and data management.
  2. Strategic Alliances: Flipkart has partnered with Fireblocks, a digital asset management platform, to explore opportunities in the Web3.0 space
  3. Mobile Phone Companies: Prominent phone makers such as Apple, Samsung, Xiaomi, OnePlus, and Realme collaborate with Flipkart to retail their latest devices. These collaborations encompass exclusive debuts of new models, joint promotional campaigns featuring co-branded promotions and discounts, as well as pre-order perks and bundled offers.
  4. Electronics: Sony, LG, Bosch, Philips, HP, Dell, Lenovo, etc.
  5. Consumer Goods: Hindustan Unilever Limited (HUL), Procter & Gamble (P&G), Nestle, ITC, etc.
  6. Fashion: Myntra (acquired by Flipkart), Aditya Birla Fashion (brands like Peter England and Louis Philippe), Madura Fashion & Lifestyle (brands like Van Heusen and Allen Solly), Levi's, Nike, Adidas, etc.
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  • Investment thesis: The company has struggled to enhance its financial performance and operational efficiency since its inception. It has consistently sought funding through debt and equity issuance from its parent company, Flipkart Singapore, to sustain its operations. However, despite this, the company's growth has surpassed that of its competitors in the e-commerce industry, with a market share reaching 48%. In terms of its EV/Revenue multiple, Flipkart stands at approximately 1.2x, which is significantly lower than the industry standard of 4-5x, observed among major e-commerce rivals like Messho, Nykaa, and Ajio. This suggests that Flipkart's valuation, based on its EV/Revenue multiple, is relatively fair. However, investing only on the base of multiples is not the right way, an investor needs to look at other metrics too. The company closed the last round of funding in FY23 at a share price of Rs. 51,058/-. 

Business Rating

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Managment

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Accounting Practice

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Profatibility

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Solvency

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Growth

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Valuation

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Overall Ratings

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Recommendation

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Our Team

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Kalyan Krishnamurthy

( CEO )

Kalyan Krishnamurthy is the Group CEO of the Flipkart Group since 2018. As the Group CEO, Kalyan is responsible for driving growth and operations across the country with the vision to democratize e-commerce in India.

Quantity

Invest

, Min. Investment: ₹