Nykaa Q4 FY26 Results: Net Profit Jumps 183%, Crosses $1 Billion Revenue Milestone in FY26

FSN E-Commerce Ventures Limited, which operates Nykaa, reported strong financial growth for Q4FY26 and FY26.

The company crossed the important milestone of $1 billion in annual revenue during FY26, supported by strong demand across its beauty and fashion businesses.

Nykaa Q4FY26 Financial Highlights

Nykaa delivered strong quarterly growth across revenue, profit and margins.

Key Q4FY26 Numbers

• Gross Merchandise Value (GMV): ₹5,241 crore, up 28% YoY
• Revenue from Operations: ₹2,648 crore, up 28% YoY
• Gross Profit: ₹1,203 crore, up 32% YoY
• EBITDA: ₹223 crore, up 67% YoY
• EBITDA Margin: 8.4%, compared to 6.5% last year
• Net Profit (PAT): ₹79 crore, up 313% YoY 

The company said this was its highest quarterly revenue growth in the last 12 quarters.

Nykaa FY26 Growth

For the full financial year FY26, Nykaa reported record growth and profitability.

FY26 Highlights

• GMV: ₹19,963 crore, up 28% YoY
• Revenue from Operations: ₹10,022 crore, up 26% YoY
• Gross Profit: ₹4,516 crore, up 30% YoY
• EBITDA: ₹752 crore, up 59% YoY
• EBITDA Margin: 7.5%
• PAT: ₹204 crore, up 183% YoY 

The company said FY26 recorded its highest-ever EBITDA and PAT margins.

Beauty Business Continues to Drive Growth

Nykaa’s beauty business remained its largest growth engine.

Beauty Segment Highlights

• Beauty GMV rose 27% YoY to ₹14,954 crore
• The company launched more than 200 global beauty brands during FY26 

Major international brands launched on Nykaa included:

• Chanel Beauty
• Armani Beauty
• Kylie Cosmetics
• SK-II
• La Roche-Posay

Retail Expansion and AI Focus

Nykaa expanded its offline presence significantly during FY26.

Retail Network

• Operates 313 beauty stores across 99 cities
• Added 76 new stores during the year

The company also highlighted its growing use of AI-driven tools, including:

• AI-powered skin analysis
• Personalised beauty recommendations
• Customer beauty profiles 

Management said AI is helping improve customer engagement and personalisation.

Customer Base and Expansion

Nykaa now serves:

• Over 55 million customers
• Through online platforms and more than 330 offline beauty stores 

The company also continues to expand internationally through its Middle East beauty platform Nysaa.

Management Commentary

Founder and CEO Falguni Nayar said crossing the $1 billion revenue mark is a major milestone in Nykaa’s 14-year journey.

She added that:

• Beauty and fashion businesses have doubled in size over the last 3 years
• New businesses such as Superstore and House of Nykaa have grown 4 times
• Wellness is emerging as a future growth area 

Nykaa Share Price Movement

Nykaa share price (NSE: NYKAA) closed at ₹275, up 0.62 per cent or ₹1.70 on the NSE. During the trading session, the stock touched an intraday high of ₹277 and a low of ₹272.95. The company’s market capitalisation stood at ₹78,490 crore. Nykaa is currently trading near its 52-week high of ₹285.60, while the 52-week low stands at ₹191.16. The stock has a price-to-earnings (P/E) ratio of 560.25.

Read More: KG Basin Case: RIL Seeks Out-of-Court Settlement with Govt, Informs SC!

Conclusion

Nykaa delivered a strong FY26 with record revenue, rising profitability and continued expansion across beauty, fashion and retail. Growth in premium beauty brands, store expansion and AI-driven customer engagement are expected to support the company’s long-term growth plans. 

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.