Flipkart is India's largest e-commerce platform, with over 10 million registered users and 8 million products across 80+ categories. The company was founded by Sachin and Binny Bansal (alumni of IIT Delhi) in 2007. Flipkart is not listed yet on any of the stock exchanges of India. Retail investors can easily buy or sell Flipkart's unlisted shares using the online trading platform.
If you want to buy or sell Flipkart pre-IPO shares in India, this page will provide detailed information about Flipkart share price, funding rounds, acquisitions, and more. We perform the S.W.O.T analysis of a company to help you make an informed investment decision.
Analysing Flipkart Financial Statements 2023
Particulars (In Rs crore) | FY 2022-2023 | FY 2021-2022 |
Gross Revenue / Net Revenue | ₹55,823.90 | ₹50,992.50 |
EBITDA | ₹ (4864.60) | ₹ (3445.30) |
Net Income/ (Net Loss) | ₹ (4845.7) | ₹ (3404.30) |
Flipkart Unlisted Share Price Financial Summary
Revenue -There is a 10% increase in gross/net revenue. This suggests growth in sales or income generation for the company. The company has managed to scale up its revenue by ₹4,831.40 million. Investors generally react positively to growing revenue, which could impact positive growth in Flipkart unlisted share price.
EBITDA is negative, which indicates that the company is still struggling with its operational efficiency. EBITDA loss increased by ₹1,419.30 million in FY 2022-2023 compared to FY 2021-2022, raising concerns about profitability and cost control. Stocks of companies incurring higher losses can experience downward pressure.
Net income is also in negative, reflecting that the company is operating at a loss. The net loss increased by ₹1,441.40 million, indicating that not only is the company not profitable, but it also incurred higher losses compared to the previous year. The increasing losses over two years might pose long-term challenges for Flipkart share.
Is Flipkart facing losses?
In FY 21-22 Flipkart posted a loss of Rs 3404 crores. Now in FY 22-23, Flipkart posted a loss of Rs 4,846 crores. This is a 42% annual increase. Flipkart has been facing losses for the last 5 years. This can be one of the major reasons for the long stagnation in Flipkart stock price.
History Of Flipkart's Funding Rounds
Flipkart has undergone various funding rounds since its inception, through which it raised different amounts of funds. It is equally important for investors to know about this company's funding history, just like Flipkart share price in India. Here are the details of Flipkart's funding history:
Series A Funding
Flipkart secured its first-ever funding in 2009 via series A funding from Tiger Global Management and Accel India.
Series B Funding
In 2010, Flipkart raised a Series B funding through which it raised further funds from Tiger Global Management.
Series C Funding
In 2011, Flipkart got funding from ICONIQ Capital and MIH Group in the series C round for business expansion purposes.
Series D Funding
The company again raised funding from the same investors in 2012 through Series D funding.
Series E Funding
In 2013, Flipkart received new funds via Series E funding from Accel India and DST Global.
Series F Funding
In the series F funding, Flipkart secured substantial funding from various investors, including Tiger Global Management and others, in 2014.
Series G Funding
In 2017, Flipkart raised massive funding by participating in its last funding round, Series G. During this, it got investment from Softbank Vision Fund, Tencent, and others.
Major Acquisitions By Flipkart
Over the years, Flipkart acquired several digital distribution businesses, strengthening its portfolio in the unlisted share market. Some of the major acquisitions by Flipkart are as follows:
2011: This year, Flipkart acquired various digital distribution businesses, including Mime360.com and Chakpak, a digital portal of the Bollywood content library.
2012: Flipkart acquired an online electronic retailer named Letsbuy in an acquisition deal.
2014: This was a historical year for Flipkart as it acquired a significant fashion brand in India, "Myntra", in an acquisition deal of Rs 2000 crore.
2016: In 2016, Flipkart acquired Jabong for about $70 million through its arm Myntra.
Flipkart Unlisted Share Price In India
Flipkart share price in India depends on various factors from which the company's current performance is most vital. Per the fresh market data, the current Flipkart unlisted share price can be checked on the platform. Since the price of its pre-IPO stocks keeps changing, that’s why you must keep an eye on the Flipkart stock price regularly for better investment decisions.
Everything We Know So Far About Flipkart IPO
As per the recent information available, the Flipkart IPO is expected to launch in the U.S., whose size will be $60-70 billion. However, no accurate information is available about the IPO of Flipkart in India. The company has not filed a DRHP with SEBI yet. So, investors have to wait a bit to know the Flipkart share price on NSE or BSE.
Quick SWOT Analysis Of Flipkart – An Indian E-commerce Giant
Investing in Flipkart unlisted shares can be difficult when you don't know the company's strengths, weaknesses, opportunities, and threats. Here is the SWOT analysis of Flipkart:
Strength
The following are the strengths of Flipkart:
Financial support from Walmart
Acquisitions and partnerships
High brand recall
Extensive brand portfolio
High market share
Weaknesses
Here are the weaknesses of Flipkart:
Opportunities
Here are the opportunities associated with Flipkart:
Expansion in new market
Seamless supply chain
Secure payment facility
Upcoming acquisitions
High market demand
Threats
Here are the threats associated with Flipkart:
Revenue Growth Of Flipkart in Fiscal Year 2022-23
The revenue growth of Flipkart India has interesting numbers for the financial year 2023, which is to be booked at Rs 56,013 crores. It was a clear-cut 9% revenue expansion from the previous year despite the net loss of Rs. 4,834 crore. So, there are signs of stable growth for Flipkart India to cope with previous losses and make it more profitable.
Furthermore, Walmart, the US retailer, has raised a stake in Flipkart by investing $3.5 billion (around ₹28,953 crore) to acquire shares of non-controlling interest holders. It increases Walmart's ownership by almost 80%. It indicates the credibility Flipkart gained with consistent performance and progress that impressed high-profile investors like Walmart to increase their stake.
Overall, the e-commerce segment in India will accelerate in upcoming years due to market penetration that gears up online sales. As per the latest reports, India has acquired more than 125 million online shoppers in the past three years, and there is a high expectation of adding more than 80 million by 2025.
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