Nykaa Hits 52-Week High as Q4 Profit Quadruples, FY26 Earnings Jump 182%

FSN E-Commerce Ventures touched ₹285.65 intraday, lifting market cap to ₹78,260 Cr after Q4 net profit surged 4X to ₹78.8 Cr on 28% revenue growth. FY26 profit climbed 182% to ₹203.9 Cr on ₹10,022 Cr revenue. Physical footprint expanded to 313 stores with 76 additions across 20 new cities. Morgan Stanley, HSBC, Citi, CLSA and Jefferies stay largely constructive.

— Source publishedFri, 22 May, 2026, 13:41 IST·First seen Fri, 22 May, 2026, 13:44 IST·Source Inc42

What happened

Nykaa stock hit 52-week high after Q4 net profit quadrupled to ₹78.8 Cr and revenue rose 28%. FY26 profit grew 182%; added 76 stores reaching 313 outlets across

Key facts

  • 52-week high ₹285.65
  • market cap ₹78,259.67 Cr
  • Q4 net profit ₹78.8 Cr (4X YoY)
  • Q4 revenue ₹2,648.2 Cr (+28%)
  • FY26 profit ₹203.9 Cr (+182%)
  • FY26 revenue ₹10,022.4 Cr (+26%)
  • 76 new stores added
  • 313 total stores
  • 20 new cities

Why this matters

Nykaa's widening physical moat in tier-2 cities and four-fold profit acceleration raises the bar for any beauty/BPC roll-up thesis and tightens the window for competitive M&A in Indian premium retail.

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