FSN E-Commerce Ventures Limited (Nykaa) announced its financial results for the quarter ended September 30, 2026 (Q2FY27), showcasing robust growth. The company reported a 28% year-on-year increase in Net Revenue, reaching ₹3,006 crore. Profit After Tax (PAT) saw a substantial surge of 207% YoY to ₹101 crore, with EBITDA growing 65% YoY to ₹263 crore. The presentation highlights strong performance across both Beauty and Fashion verticals, alongside strategic initiatives like the acquisition of Simply Nam and expansion of Superstore by Nykaa.
Nykaa Reports Strong Q2FY27 Financial Performance
FSN E-Commerce Ventures Limited (Nykaa) has released its investor presentation for the quarter and half-year ended September 30, 2026 (Q2FY27), detailing significant financial growth across key metrics. The company demonstrated accelerated revenue growth and a notable increase in profitability, underscoring its robust market position and strategic execution.
Key Financial Highlights (Q2FY27)
- Net Revenue: Increased by 28% YoY to ₹3,006 crore.
- Gross Profit: Grew by 31% YoY to ₹1,382 crore, with a margin of 46.0%.
- EBITDA: Saw a substantial increase of 65% YoY to ₹263 crore, with an EBITDA margin of 8.7%.
- Profit After Tax (PAT): Skyrocketed by 207% YoY to ₹101 crore, achieving a PAT margin of 3.4%.
Half-Yearly Performance (H1FY27)
For the first half of FY27, Nykaa reported:
- GMV: Reached ₹11,740 crore, up 32% YoY.
- Net Revenue: Stood at ₹5,788 crore, a 29% YoY increase.
- Gross Profit: Was ₹2,657 crore (32% YoY growth).
- EBITDA: Reported at ₹499 crore (66% YoY growth).
- PAT: Reached ₹181 crore (215% YoY growth).
Vertical Performance Highlights
The company detailed strong performance from its key verticals:
Beauty
- NSV: Grew by 28% YoY to ₹2,536 crore in Q2FY27.
- EBITDA Margin: Improved to 10.5%.
- The vertical continues to show momentum with increased MAUV (54.1 mn, 30% YoY), AUTC (22.1 mn, 26% YoY), and AOV (₹2,149, 5% YoY).
Fashion
- NSV: Accelerated significantly with 47% YoY growth to ₹509 crore in Q2FY27.
- EBITDA Margin: Turned positive at 0.2%.
- Platform growth is attributed to strong customer acquisition, exciting brand launches, and traction from the Nike partnership.
Strategic Initiatives and Wins
The presentation also highlighted several strategic achievements:
- Nykaaland 4.0: India’s largest beauty playground saw over 100K+ attendees and 150 mn+ social reach.
- Nykaa Fashion Luxe: Launched with premium international and Indian designer labels.
- House of Nykaa: Continues to scale rapidly, crossing ₹2,300 crore+ annualized NSV.
- Simply Nam Acquisition: Nykaa is set to acquire 82% stake in the premium makeup brand Simply Nam for up to ₹33 crore.
- Superstore by Nykaa: Scales its retailer network by 27% and expands reach to over 1,200+ cities.
The financial results reflect Nykaa’s continued expansion and deepening market penetration across its diverse business verticals.
Source: BSE
