NYKAANSEFSN E-Commerce Ventures LimitedMediumNeutral
Announced Mon, 6 Apr · 09:26 IST

FSN E Commerce Ventures Limited has informed the Exchange regarding 'Nykaa - Quarterly Revenue Update - Q4 FY2026'.

Guidance RaisedBusiness Updates View source PDF

NYKAA · price

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Price reaction · full curve 14 horizons · vs prior close
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₹247.29
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₹244.80
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AI summary

Nykaa reported strong Q4 FY2026 performance with consolidated GMV growth in late twenties, NSV growth in early thirties, and Net Revenue growth in late twenties — the highest growth in 12 quarters. Fashion vertical showed sharp acceleration with NSV growth in early forties and Net Revenue growth in late thirties, driven by improved platform momentum and the Nike partnership. Beauty vertical delivered steady late twenties growth across all metrics. The company expanded its retail network with a record 37 store additions (26 new + 11 Kiehl's integrations) in Q4, bringing total stores to 313. Full year FY2026 NSV growth is expected to accelerate to late twenties, up from mid-twenties in the prior two years. Middle East exposure remains below 1% of revenue with no material impact from geopolitical tensions.

Likely market impact

Strong quarterly acceleration across Beauty and Fashion verticals signals improving business momentum and market share gains, which is positive for Nykaa's growth trajectory and could support stock price appreciation.