| Revenue growth | FY26: 26% YoY; Q4: 28% YoY. |
|---|---|
| Margins | Record EBITDA margins; BPC at 10.3% in Q4. |
| Order book | Annual transacting customers grew 2x over 3 years. |
| Demand visibility | Positive momentum in April/May 2026 despite macro caution. |
| Management confidence | Strong; momentum building through year end. |
Growth
FY26 GMV grew 28% YoY; Net Revenue grew 26%; EBITDA margin hit record 7.5%; PAT grew 183%.
Outlook
Focus on premium beauty; targets 500 total stores in 3-4 years (50-60 annually); expanding international brands.
Risks
Global inflation, high oil prices, and depreciating currency impacting general consumption appetite.
Earnings Call filed with NSE, NSE: NYKAA. Summary written with AI assistance from 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.
More from FSN E-Commerce Ventures Ltd
All →FSN E-Commerce Ventures Acquisition
FSN E-Commerce Ventures Limited completed its acquisition of a 51% stake in Aminu Wellness Private Limited. Aminu is now a subsidiary of the company.
FSN E-Commerce Ventures Partnership
Nykaa and L'Oréal's corporate venture fund, BOLD, are collaborating to co-invest in emerging Indian beauty and wellness brands, leveraging shared resources and industry expertise.
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.
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.
FSN E-Commerce Ventures Merger & Restructuring
FSN E-Commerce Ventures has completed the acquisition of an additional 24.2% stake in its subsidiary, Earth Rhythm Private Limited, following previously approved plans.
FSN E-Commerce Ventures Earnings Call Transcript: Key Takeaways
Nykaa delivered a solid start to FY27, characterized by 29% revenue growth and significant EBITDA margin expansion to 8.5%. The narrative focuses on structural profitability in Fashion and aggressive expansion into quick commerce through Nykaa Now.
- Call
- Guides 35% growth