Nykaa Q4 profit quadruples to Rs 78.4 cr; fashion turns EBITDA positive as stock jumps 4%
FSN E-Commerce posted Q4 net profit of Rs 78.4 cr vs Rs 20.3 cr YoY on revenue of Rs 2,648 cr (+28.4%). Beauty grew 27%, fashion 40% with maiden EBITDA profitability. Jefferies raised TP to Rs 350; Citi and Macquarie stay bearish. Stock up 4.04% to Rs 281.10, +38% over 12 months.
Nykaa Q4 net profit quadrupled to Rs 78.4 cr on revenue of Rs 2,648 cr (+28.4%), with beauty up 27% and fashion up 40% turning EBITDA positive. Stock rose 4%; Jefferies bullish, Citi and Macquarie remain bearish.
Why this matters
Reinforces Nykaa's profitability inflection seen in prior Q4 reads, with FY26 revenue crossing $1 bn and fashion finally hitting EBITDA breakeven, even as Citi-Jefferies analyst divide deepens.
Retail-company signals steady at 925 over the last 90 days.