NYKAA reported a strong Q3FY26, demonstrating consistent growth and improved profitability. GMV reached ₹5,795 Cr, up 28% YoY, with revenue at ₹2,873 Cr, a 27% YoY increase. The company’s strategic focus on omnichannel presence and brand expansion drove the robust performance. EBITDA stood at ₹230 Cr and adjusted PAT at ₹78 Cr reflecting a healthy margin improvement and operational efficiency.
Financial Performance in Detail
NYKAA showcased a robust performance in Q3FY26 with GMV reaching ₹5,795 Cr, representing a 28% YoY growth. Revenue from operations increased to ₹2,873 Cr, a 27% YoY increase. The company’s focus on expanding its brand portfolio and enhancing customer acquisition strategies has yielded positive results.
Key highlights of Q3FY26 include:
- GMV Growth: 28% YoY
- Revenue Growth: 27% YoY
- Gross Profit: ₹1,297 Cr with a margin of 45.2%
- EBITDA: ₹230 Cr with a margin of 8.0%
- Adjusted PAT: ₹78 Cr with a margin of 2.7% (Adjusted for one-time impact of the new labor code)
Segment Performance
The Beauty segment sustained its growth trajectory, driven by strong omnichannel performance and the outperformance of House of NYKAA brands. Fashion also experienced robust growth with improved profitability due to strategic brand additions and festive sales.
Strategic Initiatives
NYKAA continues to focus on strategic initiatives to drive growth and enhance profitability, including:
- Expanding its omnichannel presence
- Strengthening its House of NYKAA brands
- Improving unit economics in the eB2B segment
- Adding marquee brands in the Fashion segment
- Enhancing customer acquisition and retention strategies
House of Nykaa Growth
House of Nykaa brands delivered strong growth with a 48% YoY increase in GMV, reaching ₹872 Cr. Beauty brands contribute Rs 3,100 Cr and Fashion brands contribute Rs 400 Cr annually. The company continues to scale in underserved markets.
Fashion Vertical
The fashion vertical shows accelerated growth with improved profitability. GMV increased 31% with improved EBITDA margins.
Source: BSE
