BSEMediumNeutral
Announced Fri, 30 May · 17:00 IST

Please find attached the Investor Presentation for Q4 and FY25

Mgmt Guided Margin ImprovementInvestor Communications View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

FSN E-Commerce Ventures (Nykaa) reported Q4 FY25 revenue of Rs 2,062 Cr, up 24% YoY, with GMV of Rs 4,102 Cr (up 27%). EBITDA grew 43% YoY to Rs 133 Cr (6.5% margin) and PAT more than doubled to Rs 19 Cr. For full year FY25, revenue was Rs 7,950 Cr (up 24%) and GMV Rs 15,604 Cr (up 25%), with EBITDA at Rs 474 Cr (up 37%) and PAT at Rs 72 Cr (up 81%). Beauty remains the growth engine with 30% YoY GMV growth, while Fashion recovered to 18% YoY growth in Q4. The company added 50 new beauty stores in FY25 (total 237), crossed 42 million cumulative customers, and improved working capital days from 42 to 34. ROCE rose from 7.5% to 11.3%. Two restructuring steps were completed: NCLT approved merger of LBB into Nykaa Fashion and demerger of eB2B business into Nykaa E-Retail, both aimed at unlocking synergies.

Likely market impact

Strong margin expansion and profit growth signal improving business health and operating leverage. Restructuring consolidates businesses for cost synergies, while continued beauty strength offsets fashion losses — overall a positive operational update for shareholders.