FSN E-Commerce Ventures Stock Forecast

Stock Price Forecast

According to 25 analysts polled by S&P Global, FSN E-Commerce Ventures stock has a consensus rating of "Hold" and an average price target of ₹303.24. The average 1-year stock price forecast is 8.00% lower than the current stock price, while the lowest is ₹210.00 (-36.29%) and the highest is ₹360.00 (+9.22%).

Price Target: ₹303.24 (-8.00%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	₹210.00	₹303.24	₹319.00	₹360.00
Change	-36.29%	-8.00%	-3.22%	+9.22%

Analyst Ratings

The average analyst rating for FSN E-Commerce Ventures stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	5	6	6	7	7	7
Buy	7	7	7	6	6	6
Hold	6	6	7	7	7	7
Sell	2	2	1	1	1	1
Strong Sell	4	4	4	4	4	4
Total	24	25	25	25	25	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Geojit Research No rating	Geojit Research	Buy Reiterates ₹333.00	Buy	Reiterates	₹333.00	+1.03%	Jun 19, 2026
Vivek Maheshwari Jefferies	Jefferies	Buy Maintains ₹350.00	Buy	Maintains	₹350.00	+6.19%	May 25, 2026
Latika Chopra J.P. Morgan	J.P. Morgan	Hold Upgrades ₹270.00	Hold	Upgrades	₹270.00	-18.08%	Feb 10, 2026

Financial Forecast

Revenue This Year

126.65B

from 100.22B

26.36%

from 100.22B

Revenue Next Year

158.27B

from 126.65B

24.97%

from 126.65B

EPS This Year

1.68

from 0.74

127.55%

from 0.74

EPS Next Year

2.75

from 1.68

63.55%

from 1.68

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	37.74B	51.44B	63.86B	79.50B	100.22B	126.65B
Revenue Growth	54.61%	36.30%	24.14%	24.50%	26.07%	26.36%
Gross Profit	16.44B	22.78B	27.39B	34.77B	45.16B	57.55B
Gross Margin	43.56%	44.29%	42.90%	43.74%	45.06%	45.44%
Operating Income	668.45M	827.87M	1.22B	2.08B	4.32B	7.52B
Net Income	410.75M	192.62M	322.60M	660.80M	1.99B	4.62B
EPS	-	-	-	-	0.74	1.68
EPS Growth	-	-	-	-	220.74%	127.55%
Forward PE	-	221.88	265.49	-	175.99	196.35
Free Cash Flow	-4.15B	-3.20B	1.84B	-384.65M	5.70B	4.62B
No. Analysts	-	-	-	-	-	23

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	132.2B
Avg	126.6B
Low	123.6B

Revenue Growth

Revenue Growth	2027	2028	2029
High	31.9%
Avg	26.4%
Low	23.4%

EPS Forecast

EPS	2027	2028	2029
High	2.00
Avg	1.68
Low	1.40

EPS Growth

EPS Growth	2027	2028	2029
High	171.1%
Avg	127.6%
Low	89.8%