NYKAANSEFSN E-Commerce Ventures LimitedMediumNeutral
Announced Thu, 21 May · 16:35 IST

FSN E Commerce Ventures Limited has informed the Exchange about Investor Presentation

Mgmt Guided Margin ImprovementCfo Debt Reduction RoadmapPromoter Disclosed Acquisition PlansInvestor Communications View source PDF

NYKAA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹275.00
prior close
₹283.50
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AI summary

Nykaa reported strong FY26 results with revenue crossing the Rs 10,000 crore milestone (Rs 10,022 Cr, up 26% YoY). The company achieved its highest-ever EBITDA margin of 7.5% (up from 6.0%) and PAT margin of 2.0% (up from 0.9%), with PAT growing 10x over 3 years to Rs 204 crore. Q4FY26 was particularly strong with 28% YoY revenue growth (Rs 2,648 Cr), 8.4% EBITDA margin, and 3.0% PAT margin — all records for the company. GMV grew 28% YoY to Rs 19,963 crore, with mid-20s growth sustained over 14 consecutive quarters. Beauty vertical delivered 27% growth with 9.6% EBITDA margin, Fashion turned profitable with 0.3% EBITDA margin in Q4, and Superstore by Nykaa grew 26% with improving unit economics. Net debt reduced by 47% from Rs 623 crore to Rs 329 crore, while ROCE improved from 11.3% to 21.2%.

Likely market impact

The strong margin expansion and debt reduction demonstrate Nykaa's path to sustained profitability at scale, which should be positive for shareholder confidence. The Fashion vertical turning profitable removes a key concern for investors, while the Rs 10,000 crore revenue milestone validates the omnichannel beauty and fashion platform thesis.