Nykaa Q4 FY26 results: Net profit soars 290% YoY to ₹78 crore, revenue rises to ₹2,648 crore

FSN E-Commerce Ventures, the parent company of Nykaa, reported a 290% year-on-year surge in consolidated net profit to ₹78 crore for the quarter ended March 31, 2026. In the corresponding quarter last year, the beauty and personal care retailer had posted a net profit of ₹20 crore.

The company’s revenue from operations increased 28% year-on-year (YoY) to ₹2,648 crore as compared to ₹2,062 crore in Q4 FY25. Nykaa said it was the highest growth in the last 12 quarters.

On the operational level, Nykaa’s earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at ₹222 crore, marking a jump of 66% from ₹134 crore in the corresponding quarter of the previous fiscal year.

The company’s EBITDA margin also expanded to 8.3% in contrast to 6.5% YoY. Its consolidated GMV grew 28% to ₹5,241 crore, as Nykaa has consistently sustained mid-20s growth over the last 14 quarters, the firm said.

For FY26, Nykaa reported consolidated GMV growth of 28% to ₹19,963 crore, while revenue from operations rose 26% year-on-year to ₹10,022 crore, crossing the $1 billion revenue milestone. Gross profit increased 30% YoY to ₹4,516 crore during the year.

The company’s EBITDA grew 59% YoY to ₹752 crore, with margins expanding to 7.5% in FY26 compared to 6.0% in FY25. Net profit stood at ₹204 crore, registering a growth of 183% year-on-year, with PAT margin reaching its highest level.

Commenting on the earnings, Executive Chairperson, Founder and CEO Falguni Nayar said, “Crossing the $1 billion revenue milestone along with a track record for profitability and capital efficiency marks a defining moment in Nykaa’s 14-year journey and reflects the deep trust consumers place in us. Over the past three years, Nykaa has evolved into a multi-engine growth platform, with our Beauty & Fashion businesses doubling their GMV, while our newer businesses like Superstore and House of Nykaa have grown 4X during the same period.”

Segment updates

• Nykaa, in a statement, said that its beauty vertical delivered superior growth along with improving profitability in FY26 and its GMV grew 27% YoY to ₹14,954 crore.

• The e-commerce firm added a record 76 stores during the year, while continuing to deliver double-digit same-store sales growth.

• House of Nykaa Beauty and Fashion achieved an annualised GMV run rate of ₹3,176 crore, up 49% YoY in FY26, while continuing to outpace platform growth and contribute meaningfully to overall gross margin expansion. Within this, House of Nykaa Beauty GMV reached ₹2,788 crore in FY26, quadrupling over the last three years, driven by a strong growth flywheel anchored in high-quality innovation, deep consumer insight, portfolio expansion, and sustained demand across channels.

• In FY26, Superstore by Nykaa grew four times over three years—from ₹325 crore GMV in FY23 to ₹1,187 core in FY26—driven by deeper geographic penetration and expanding retailer engagement.

• Fashion had a strong year, delivering on assortment, scale and profitability in FY26, landing at GMV of ₹4,954 crore, up 30% YoY. This was driven by strong brand partnerships, sustained growth momentum, and broader category penetration, Nykaa said.

“As we continue to build scalable and sustainable businesses across beauty and fashion, we are building wellness as a future frontier and remain confident in the long-term opportunity ahead. Simultaneously, we are seeing AI emerge as a powerful enabler for consumer businesses, enabling us to serve our customers with greater personalisation, efficiency, and scale,” Nayar added.

Ahead of the earnings, Nykaa shares closed at ₹274.50 apiece on the National Stock Exchange, gaining 0.44%.