Nykaa shares hit 52-week high on FY30 roadmap targeting $5bn+ GMV, 100mn beauty customers

FSN E-Commerce stock jumped 7% to ₹301 after investor day laid out FY30 ambitions: GMV above $5bn, doubling beauty customers from 45mn to 100mn, deeper tier-2/3 push, and scaling its 313-store network. FY26 GMV pegged near ₹20,000 cr (+28%), revenue ₹10,022 cr, EBITDA margin 7.5%, PAT ₹204 cr.

— Source publishedThu, 18 Jun, 2026, 11:38 IST·First seen Thu, 18 Jun, 2026, 11:45 IST·Source Mint · Companies

What happened

Nykaa shares jumped 7% to a 52-week high after its investor day unveiled a FY30 roadmap targeting $5bn+ GMV, doubling beauty customers to 100mn, expanding

Key facts

  • shares +7%
  • ₹301 52-week high
  • GMV target >$5bn by FY30
  • FY26 GMV ~₹20,000 cr
  • FY26 revenue ₹10,022 cr
  • Beauty GMV ~₹15,000 cr FY26
  • 100mn beauty customers target FY30 vs 45mn FY26
  • 313 stores in 99 cities
  • 76 stores added FY26
  • EBITDA margin 7.5%
  • PAT ₹204 cr
  • GMV growth 28%
  • revenue growth 26%
  • BPC+fashion CAGR >12% FY26-FY31
  • category spend $110bn to $200bn

Why this matters

Nykaa's tier-2/3 push and 100mn-customer target signal aggressive category consolidation—watch for tuck-in beauty brand acquisitions and potential offline retail M&A to accelerate the 313-store network.

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