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FSN E-commerce Ventures Ltd. (FSNEV) popularly known as"Nykaa"is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care, and fashion products, including owned brand products manufactured by it.
Nykaa completed the transaction to increase its equity shareholding in subsidiary Earth Rhythm by an additional 24.2%. This strategic move bolsters Nykaa's investment and control in the brand.
Nykaa posted strong FY26 financials: Revenue crossed Rs 10,000 Cr (+26% YoY), EBITDA Rs 752 Cr (+59% YoY), and PAT Rs 204 Cr (+183% YoY). Total GMV reached Rs 20,000 Cr. Its Fashion business achieved Q4 EBITDA breakeven. Management targets 4-5x EBITDA growth by FY30.
Company reports strong performance, achieving ₹10,000 Cr NSV and ₹20,000 Cr GMV. Revenue crossed ₹10,000 Cr, EBITDA reached ₹752 Cr (7.5% margin), and PAT ₹204 Cr. Fashion recently achieved EBITDA breakeven. Aims to grow GMV 2.5-3x, EBITDA 4-5x, and ROCE to 40%+ for future growth, leveraging diversified platforms.
Nykaa's Q1 FY27 saw strong growth: Revenue +29% to Rs. 2,782 Cr, PAT +226% to Rs. 80 Cr, EBITDA +68% to Rs. 236 Cr. Fashion segment turned profitable. Company acquired a 51% stake in Aminu, a premium skincare brand, boosting its House of Nykaa portfolio. Expansion continues with new stores...
Nykaa targets USD 5 Billion+ GMV in beauty & lifestyle by FY30. The company aims for 2-3X revenue, 4-5X EBITDA growth, and >40% ROCE. Plans include expanding beauty stores to 600+, tripling premium shoppers, and scaling Fashion, House of Nykaa (targeting >₹5,000 Cr NSV), and Superstore (targeting >₹3,500 Cr GMV),...