Nykaa Fashion CEO sees no slowdown; Q4 revenue up 40% to Rs 225 cr
Nykaa Fashion's Q4 FY26 sales rose 40% YoY to Rs 225 cr, with parent FSN's profit surging 286% to Rs 78.38 cr. CEO Abhijeet Dabas flags continued momentum, citing Nike and H&M tie-ups, 600+ new brands, and 60% GMV growth in emerging categories like men's, kids, and home.
What happened
Nykaa Fashion CEO Abhijeet Dabas reports no consumer slowdown post Q4 FY26, with fashion revenue up 40% to Rs 225 cr. Recent tie-ups with Nike and H&M, plus
Key facts
- Q4 FY26 profit Rs 78.38 cr vs Rs 20.28 cr (+286%)
- Beauty sales Rs 2,409 cr (+27.2% YoY)
- Fashion sales Rs 225 cr (+40% YoY)
- 600+ brands added in FY26
- $5 bn fashion TAM
- Emerging categories GMV +60% YoY
Why this matters
Nykaa Fashion's brand-aggregation playbook with marquee tie-ups (Nike, H&M) and 600+ new brands creates a defensible curation moat—scout adjacent vertical platforms or regional apparel brands ripe for a similar onboarding model.