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Nykaa Q1 profit more than triples as EBITDA margin reaches 12-quarter high

Nykaa reported strong Q1 FY27 growth, with profit more than tripling and revenue rising 29% year-on-year. EBITDA margin reached a 12-quarter high, prompting JM Financial and Nuvama to lift targets while MOFSL retained a Neutral view on valuation.

Newer report adds to this story , : Goldman Sachs starts coverage at neutral with a ₹280 target.

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Reported figures

From the report. Source details below

Q1 revenue from operations Rs 2,782 crore, up 29% YoY from Rs 2,155 crore
Gross profit Rs 1,276 crore, up 33% YoY
EBITDA Rs 236 crore, up 68%; margin 8.5% versus 6.5% YoY
Q1 total expenses Rs 2,662.15 crore
Share price hit Rs 348.30 before falling 3.10% to Rs 327.70
Market capitalisation Rs 95,496 crore
JM Financial target Rs 395; MOFSL Rs 370; Nuvama Rs 414

Also in the report

  • Q1 net profit Rs 79.76 crore, versus Rs 24.47 crore a year earlier

The source

Source Read the source at Business Today

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