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Unlisted Shares
Myntra Essentials
As of July 27, 2024, Myntra Designs Ltd., Unlisted Shares are trading at ₹4215.00 per share, with a 52-week high of ₹4215 and 52-week low of ₹4215. The minimun lot size is None shares, and the shares are traded on .
ISIN
An International Securities Identification Number (ISIN) is a code that uniquely identifies a specific securities issue. The numbers are allocated by a country's respective national numbering agency (NNA).
Face Value
Value of a security, as stated by its issuer. It has no relation with market price of the stock.
Total Share
Total shares or total number of shares outstanding represents the amount of stock on the open market, including shares held by institutional investors and restricted shares held by insiders and company officers.
Total Income
Gross income refers to the total income earned by an individual on a pay check before taxes and other deductions. It comprises all incomes received by an individual from all sources – including wages, rental income, interest income, and dividends.
Profit After Tax
It is the final profit left over after subtracting all operating and non operating items from net revenue.
EPS
It is the profit allocated to each outstanding share of common stock.
Market Capitalisation
Market capitalization is the aggregate valuation of the company based on its current share price and the total number of outstanding shares.
Enterprise Value
It measures companys total value, which includes market capitalization, debt and excludes cash.
Book Value
It calculates the per share value of a company based on its equity available to common shareholders
Intrinsic Value
Intrinsic value is the anticipated value of a company or stock determined through fundamental analysis. It is also referred to as the price a rational investor is willing to pay for an investment, given its level of risk.
Earnings Yield
Sector
A sector is an area in which businesses share the same or a related product or service. It can also be known as an industry or market that shares common operating characteristics
Sub-sector
Subsectors are the divisions of a sector. They are areas that vary from the rest of the sector substantially enough to justify creating a plan just for the subsector.
Category
Category is defined as a class or division of things regarded as having particular shared characteristics.
Cashflow - Operations
It indicates the amount of money a company brings in from its ongoing and regular operations over a fixed period of time.
Cashflow - Financing
It shows the net flows of cash that are used to fund the company, which include transactions involving debt, equity, and dividends.
Myntra Growth
Compounded Sales Growth
1 Year
4 Year
6 Year
Return On Equity
2018
2020
2023
Highlights
- Largest fashion e-commerce player in India: Myntra holds a significant market share in the Indian fashion e-commerce market, with estimates ranging from 35% to 45% as of 2023.The company boasts a significant user presence, with more than 50 million active users, underscoring its extensive reach and popularity.
- Vast Product Portfolio: Myntra provides an extensive range of over 1.5 million products spanning various categories such as clothing, shoes, accessories, beauty, home & living, and sports. With a diverse portfolio of 500+ partnered brands, including well-known names like Wrogn, All About You, and Anouk, Myntra caters to distinct style preferences and budget considerations. Additionally, the platform features over 20,000 domestic brands, showcasing a dynamic blend of established players like Sabyasachi and Fabindia, as well as emerging talents from the Indian design scene.
- Revenue growth: Over the last 5 years, revenue has grown at a yearly rate of 60.78%, vs industry avg of 40.12%
- Investment thesis: Myntra is experiencing growing financial difficulties, with widening losses, negative return ratios, and overall poor performance. The heavy reliance on discounts and promotions has eroded profit margins, causing logistical challenges and impacting customer satisfaction. This raises concerns about the company's sustainability and future outlook.
- When evaluating the industry benchmark and looking at companies such as Flipkart, Meesho, and Nykaa, the average EV/revenue ratio for e-commerce businesses typically falls between 3-4x.However, Myntra's current valuation exceeds this range, standing at over 6x, indicating that the company may be slightly overvalued in terms of pricing. The projected price range, determined through the EV/Revenue multiple in the upcoming years, is anticipated to fall within the range of Rs 2200-2600.
- Prominent Investor: Myntra functions as an autonomous brand and website, yet it is owned by Flipkart through FK Myntra Holdings Limited, a Singapore-based holding company. Walmart, as the parent company of the Flipkart Group, serves as the ultimate holding entity in this corporate structure.
Business Rating
Managment
Accounting Practice
Profatibility
Solvency
Growth
Valuation
Overall Ratings
Recommendation
Our Team
Abhishek Gupta
( Chief Financial Officer (CFO) )
Sharon Pais
( Chief Business Officer (CBO) )
₹
Quantity
Invest
₹
, Min. Investment: ₹