Nykaa's FY26 profit triples as Nayar bets on fashion, House of Brands, B2B tech stack
Revenue rose 26% to ₹10,022 cr; net profit jumped 183% to ₹204 cr on Ebitda margin expansion to 7.5%. Fashion grew ~40%, customer base hit 55M, and Nykaa is now powering global brands like Kiehl's, Nike and Foot Locker via its tech and supply-chain stack.
What happened
Nykaa's FY26 revenue rose 26% to ₹10,022 cr with net profit up 183% to ₹204 cr. Founder Falguni Nayar is scaling fashion (40% growth), House of Brands, and
Key facts
- FY26 revenue ₹10,022 crore (+26% YoY)
- Ebitda ₹752 crore (+59%)
- Ebitda margin 7.5% vs 6%
- Net profit ₹204 crore (+183%)
- Beauty revenue ₹9,139 crore
- Fashion growth ~40%
- 55 million customers vs 13 million at IPO
- Founder net worth $4.4 billion
Why this matters
Nykaa's emergence as a tech and supply-chain backbone for global brands opens M&A and partnership angles around white-label commerce infrastructure and House of Brands roll-ups.