Nykaa posted strong Q4 FY26 earnings with double-digit revenue growth, sharp profit expansion and improving EBITDA margins led by the beauty segment business.
Nykaa Q4 Results 2026: FSN E-Commerce Ventures reported consolidated revenue from operations of ₹2,648.17 crore in Q4 FY26, up 28.44% YoY but down 7.83% QoQ. Consolidated net profit rose 313.39% YoY to ₹78.75 crore, while EBITDA margin improved to 8.42%
Nykaa Q4 Results 2026: On 21 May, FSN E-Commerce Ventures, the parent company of Nykaa, reported a strong rise in profitability for the quarter ended 31 March 2026, supported by margin expansion in its beauty business and lower losses in fashion operations.
Nykaa reported consolidated revenue from operations of ₹2,648.17 crore in Q4 FY26, up 28.44% YoY, while net profit jumped 313.39% YoY to ₹78.75 crore.
|
Metric |
Q4 FY26 |
Q3 FY26 |
QoQ% |
Q4 FY25 |
YoY% |
|
Revenue from Ops (₹ Cr) |
2,648.17 |
2,873.26 |
-7.83% |
2,061.76 |
28.44% |
|
Total Income (₹ Cr) |
2,657.32 |
2,879.52 |
-7.72% |
2,070.71 |
28.33% |
|
EBITDA (₹ Cr) |
222.92 |
229.76 |
-2.98% |
133.35 |
67.17% |
|
EBITDA Margin % |
8.42% |
7.99% |
43 bps |
6.47% |
195 bps |
|
Net Profit (₹ Cr) |
78.75 |
67.74 |
16.25% |
19.05 |
313.39% |
Source: Company filing
Consolidated revenue from operations stood at ₹2,648.17 crore in Q4 FY26 compared with ₹2,061.76 crore in Q4 FY25, registering a growth of 28.44% year-on-year. Revenue declined 7.83% from Q3 FY26.
Total income came in at ₹2,657.32 crore, up 28.33% YoY from ₹2,070.71 crore and lower by 7.72% QoQ.
The company’s consolidated EBITDA for the quarter stood at ₹222.92 crore, increased 67.17% YoY from ₹133.35 crore in Q4 FY25, while it declined 2.98% QoQ from Q3 FY26.
EBITDA margin improved to 8.42% in Q4 FY26 against 6.47% in Q4 FY25 and 7.99% in Q3 FY26.
Consolidated profit attributable to owners of the parent stood at ₹78.75 crore in Q4 FY26. This was sharply higher than ₹19.05 crore reported in the year-ago quarter, reflecting a rise of 313.39% YoY.
Nykaa’s beauty segment continued to remain the growth driver. Its beauty business rose to ₹2,409.94 crore in Q4 FY26 from ₹1,894.76 crore a year ago. Fashion segment revenue also increased to ₹225.33 crore from ₹161 crore in the corresponding quarter last year.
|
Segment |
Q4 FY26 Revenue (₹ Cr) |
Q4 FY25 Revenue (₹ Cr) |
YoY% |
Contribution to Q4 FY26 Total Revenue |
|
Beauty |
2,409.94 |
1,894.76 |
27.19% |
91.00% |
|
Fashion |
225.33 |
161.00 |
39.96% |
8.51% |
|
Others |
12.90 |
6.00 |
115.00% |
0.49% |
|
Total |
2,648.17 |
2,061.76 |
28.44% |
100% |
Source: Company filing
For the full financial year FY26, Nykaa reported consolidated revenue from operations of ₹10,022.35 crore, up 26.07% from ₹7,949.82 crore in FY25.
Consolidated net profit increased to ₹203.94 crore compared with ₹72.07 crore in FY25. Operating cash flow improved to ₹644.30 crore during FY26 against ₹466.63 crore in the previous financial year.
|
Metric |
FY26 |
FY25 |
YoY Change |
|
Consolidated Revenue (₹ Cr) |
10,022.35 |
7,949.82 |
26.07% |
|
Consolidated Net Profit (₹ Cr) |
203.94 |
72.07 |
182.97% |
|
Operating Cash Flow (₹ Cr) |
644.30 |
466.63 |
38.08% |
Source: NSE filing, FSN E-Commerce Ventures FY26 Consolidated Annual Results

As of 22 May, 11.50 AM
On 22 May 2026, after q4 result, Nykaa shares opened higher but erased early morning gains during trade. As of 11:45 AM, Nykaa share price is trading at ₹274.65, almost flat compared to the previous close.
On a year-to-date (YTD) basis, the stock has gained 3.35%. Over the last one year, from 22 May 2025, to 22 May 2026, Nykaa shares have risen nearly 36%.