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Earnings Call

FSN E-Commerce Ventures Earnings Call: Key Takeaways

Nykaa hit a milestone ₹10,000 crore revenue in FY26, driven by a 28% GMV growth and significant margin expansion across beauty and fashion segments.

Why this was an Alfa AlertNot a filter event. While results were strong and hit a milestone, they aligned with or did not materially exceed guided ranges by over 5%.
Highlights
Revenue growthNet revenue grew 26% YoY for the full year FY26.
MarginsEBITDA margins improved to 8.4% in Q4, a record high.
Demand visibilityStrong demand in beauty; fashion showing signs of revival and positivity.
Management confidenceConfident and optimistic, particularly regarding AI-led efficiencies and segment-level turnarounds.

Growth

Growth is high-quality and organic, with GMV and net revenue both up 28% YoY for Q4.

Outlook

Aims to maintain high growth momentum with a focus on premiumization and reaching 500 stores in 3-4 years.

Risks

Inflationary pressures from currency depreciation and high oil prices could impact discretionary spending despite current momentum.

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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FSN E-Commerce Ventures Other Announcement

Nykaa announced an improved ESG rating of 64 from Crisil, categorized as "Strong". This rating was voluntarily assigned by Crisil without company engagement.

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Employee Stock Options

FSN E-Commerce Ventures Employee Stock Options

FSN E-Commerce Ventures Limited allotted 1,80,870 equity shares under its Employee Stock Option Schemes. The allotment follows the exercise of vested options by employees.

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Merger & Restructuring

FSN E-Commerce Ventures Merger & Restructuring

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