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.

— Source publishedThu, 21 May, 2026, 08:49 IST·First seen Thu, 21 May, 2026, 08:59 IST·Source Mint · Markets

What happened

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

Key facts

  • 27% GMV growth
  • 25% revenue growth
  • 7.6% EBITDA margin
  • 110 bps margin expansion
  • 180% YoY net profit increase
  • 32% fashion GMV growth
  • 11% FMCG revenue growth