Nykaa Crosses USD 1 Billion Revenue Milestone in FY2026

FSN E-Commerce Ventures Limited (referred to as "Nykaa" or the "Company"), today announced its financial results for the quarter and full year ended March 31, 2026.

Q4 FY2026 FINANCIAL HIGHLIGHTS SUMMARY:

- Consolidated GMV grew 28% to Rs. 5,241 Cr. Nykaa has consistently sustained mid 20's growth over last 14 quarters.

- Revenue from Operations grew 28% YoY to Rs. 2,648 Cr in Q4 FY2026. Highest growth in the last 12 quarters.

- Gross Profit grew 32% YoY to Rs. 1,203 Cr in the quarter, highest gross margin in last 14 quarters

- EBITDA grew 67% YoY to Rs. 223 Cr

- EBITDA margins expanded to 8.4% in Q4 FY2026 vs 6.5% in Q4 FY2025, highest EBIDTA margin ever

- Net Profit for the period (PAT) was Rs. 79 Cr, up 313% YoY in Q4 FY2026

FY2026 FINANCIAL HIGHLIGHTS SUMMARY:

- Consolidated GMV grew 28% to Rs. 19,963 Cr

- Revenue from Operations grew 26% YoY to Rs. 10,022 Cr in FY2026, crossing USD 1 bn revenue milestone

- Gross Profit grew 30% YoY to Rs. 4,516 Cr in FY2026

- EBITDA grew 59% YoY to Rs. 752 Cr

- EBITDA margins expanded to 7.5% in FY2026 vs 6.0% in FY2025, highest EBIDTA margin ever

- Net Profit for the period (PAT) was Rs. 204 Cr, up 183% YoY in FY2026, highest PAT margin ever

Speaking on this, Falguni Nayar, Executive Chairperson, Founder and CEO of Nykaa said, "Crossing the $1 billion revenue milestone along with track record for profitability and capital efficiency marks a defining moment in Nykaa's 14-year journey and reflects the deep trust consumers place in us. Over the past three years, Nykaa has evolved into a multi-engine growth platform, with our Beauty & Fashion businesses doubling their GMV, while our newer businesses like Superstore and House of Nykaa have grown 4X during the same period.

Today, we serve over 55 million consumers who are among the most engaged and premium customers in India. As we continue to build scalable and sustainable businesses across Beauty and Fashion, we are building Wellness as a future frontier and remain confident in the long-term opportunity ahead. Simultaneously, we are seeing AI emerge as a powerful enabler for consumer businesses, enabling us to serve our customers with greater personalization, efficiency, and scale."

Shares of FSN E-Commerce Ventures Ltd was last trading in BSE at Rs. 274.40 as compared to the previous close of Rs. 273.20. The total number of shares traded during the day was 405379 in over 8633 trades.

The stock hit an intraday high of Rs. 279.00 and intraday low of 273.00. The net turnover during the day was Rs. 111105369.00.

Source : Equity Bulls

Keywords

FSNECommerceVentures Nykaa Q4FY26 Q4FY2026 FY26 FY2026 ResultUpdate