Nykaa Q4 PAT seen surging 226% YoY to ₹65 cr on BPC, fashion strength
Brokerages model 27% revenue growth to ₹2,613 cr for FSN E-Commerce, with BPC GMV/NSV up 24-25% and fashion NSV +33% YoY. Ebitda margin pegged near 7.6% post-festive normalisation. Street eyes eB2B SuperStore traction and margin trajectory when results drop May 21.
Nykaa Q4FY26 preview: brokerages expect PAT to surge 226% YoY to ₹65 cr on 27% revenue growth to ₹2,613 cr, driven by BPC and fashion; margin normalisation post-festive, eB2B SuperStore traction in focus.
Why this matters
Builds on Nykaa's Q4FY26 preview pegging +26% growth and Latin Manharlal's long-term Buy call, reinforcing its lead in India's e-commerce-first beauty playbook racing to a $4B luxury segment.
Retail-company signals steady at 567 prints over 90 days, with Nykaa anchoring Q4 earnings narrative.