Nykaa Q4 preview: 27% GMV jump, 180% profit surge expected as 170+ firms report today

Kotak pegs Nykaa Q4FY26 GMV growth at 27% with EBITDA margin expanding 110bps to 7.6% and net profit up 180% YoY. Fashion GMV seen up 32%. ITC FMCG revenue forecast at +11% with 37% EBIT growth, though cigarette volumes stay flat. LIC also reports today.

— Filed Thu, 21 May, 2026, 09:00 IST · Source Mint · Markets · Updated

Nykaa and ITC among 170+ companies reporting Q4FY26 results today. Kotak expects Nykaa GMV up 27%, EBITDA margin 7.6%, net profit up 180% YoY. ITC FMCG seen growing 11% with 37% EBIT growth; cigarette volumes flat.

Why this matters

Nykaa anchors a heavy Q4 docket alongside ITC and LIC, with 170+ firms reporting today. Follows a mixed consumer pack where Metro and Medplus surged while Whirlpool PAT crashed 33% and Lenskart profit slipped 9%.

retail-company signals steady at 747 in last 90 days