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Earnings Call

FSN E-Commerce Ventures Earnings Call: Key Takeaways

Nykaa reports strong FY26 performance with revenue crossing $1bn. Strategy focuses on omnichannel expansion, high-growth verticals like K-Beauty and Derma, and improving EBITDA margins through scale.

Highlights
Revenue growth26% YoY growth for FY26.
MarginsEBITDA margin reached record 7.5% for FY26.
Demand visibilityPositive; 28% GMV growth across beauty and fashion.
Management confidenceHigh; citing 'defining year' and 'landmark innovation'.

Growth

FY26 Net Revenue grew 26% YoY to ₹10,022 Cr; PAT jumped 183% YoY to ₹204 Cr.

Outlook

Expanding store network (313 stores currently); targeting $100bn overall TAM by FY30.

Risks

Not explicitly detailed; focus remains on competitive dynamics and scaling secondary verticals like Fashion.

Source

Earnings Call filed with NSE, NSE: NYKAA. Summary written with AI assistance from the document.

Read the document ↗

FSN E-Commerce Ventures Ltd: key numbers

Share price
₹333.70
Market cap
₹95,582 Cr
Revenue (annual)
₹10,022 Cr
Net profit (annual)
₹199.4 Cr
P/E (TTM)
373.2×Sector 67.6×
Promoter holding
52.08%-0.01% QoQ
FII holding
13.73%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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