Nykaa Crosses $1B Revenue Mark in FY26 as Profit Doubles to Rs 204 Cr
FSN E-Commerce posted FY26 revenue of Rs 10,022 cr (+26%) with GMV at Rs 19,963 cr (+28%). Q4 profit quadrupled to Rs 78.8 cr; EBITDA margin hit 8.4%. Offline footprint expanded to 313 stores across 99 cities with 76 additions. House of Nykaa run-rate touched Rs 3,176 cr (+49%).
What happened
Nykaa crossed $1B annual revenue in FY26 with operating revenue of Rs 10,022 cr (+26%) and profit doubling to Rs 204 cr. Beauty drove 91% of Q4 sales; offline
Key facts
- Q4 FY26 revenue Rs 2,648 cr (+28.4% YoY)
- Q4 net profit Rs 78.8 cr (4x YoY)
- FY26 revenue Rs 10,022 cr (+26.1%)
- FY26 profit Rs 204 cr
- FY26 GMV Rs 19,963 cr (+28%)
- Q4 EBITDA Rs 223 cr, margin 8.4%
- 313 stores across 99 cities, 76 added
- House of Nykaa GMV run-rate Rs 3,176 cr (+49%)
- Superstore GMV Rs 1,187 cr
- fashion GMV Rs 4,954 cr (+30%)
- Earth Rhythm 24.17% stake for Rs 9.4 cr
Why this matters
At $1B revenue with accelerating own-brand momentum, Nykaa is positioned to consolidate beauty M&A or attract premium strategic interest in adjacent categories.
Also reported by
- YourStory · Capital — Same time