Nykaa crosses $1B revenue in FY26; profit triples to ₹204 cr
FSN E-Commerce Ventures' Nykaa posted FY26 revenue of ₹10,022 cr (+26% YoY) with GMV at ₹19,963 cr (+28%). EBITDA jumped 59% to ₹752 cr; margin expanded to 7.5%. Beauty GMV rose 27% to ₹14,954 cr. Offline footprint grew to 313 stores across 99 cities after 76 new openings. Earth Rhythm acquisition closed.
What happened
Nykaa crossed $1B revenue in FY26 with sales up 26% to ₹10,022 cr and profit tripling to ₹204 cr. Beauty led growth; offline network expanded to 313 stores
Key facts
- Revenue ₹10,022 cr (+26% YoY)
- GMV ₹19,963 cr (+28%)
- EBITDA ₹752 cr (+59%)
- EBITDA margin 7.5% vs 6%
- Net profit ₹204 cr (+183%)
- Q4 revenue ₹2,648 cr (+28%)
- Q4 PAT ₹79 cr (4x)
- Beauty GMV ₹14,954 cr (+27%)
- 200+ international brands launched
- 76 new stores; 313 total across 99 cities
- House of Nykaa GMV run-rate ₹3,176 cr (+49%)
- Superstore GMV ₹1,187 cr
- Fashion GMV ₹4,954 cr (+30%)
- 1,280+ fashion brands added
Why this matters
The closed Earth Rhythm acquisition and 99-city footprint position Nykaa as the consolidator in Indian beauty, raising the bar for D2C brand exits.