Nykaa's Profit Soars 4X to ₹79 Crore; FY26 Revenue Tops ₹10,000 Crore

Nykaa's strong financial performance highlights significant expansion and improved profitability across its beauty and fashion segments. The company's focus on an omnichannel approach and its product offerings have resulted in a landmark year for revenue.

Profitability Reaches New Highs

Nykaa's fourth-quarter net profit quadrupled to ₹79 crore, a significant jump from ₹19 crore in the prior year. EBITDA rose 67% to ₹223 crore, pushing the EBITDA margin to a record 8.4%. Gross profit for the quarter increased by 32% to ₹1,203 crore. These results mark the highest quarterly growth in 12 quarters, signaling operational improvements.

Full-Year Milestones and Financial Fortification

For the fiscal year ending March 2026, Nykaa's revenue from operations surpassed ₹10,000 crore for the first time, growing 26% to ₹10,022 crore. Annual net profit climbed to ₹204 crore from ₹72 crore in FY25. Gross profit rose 30% to ₹4,516 crore, and EBITDA increased 59% to ₹752 crore. The company also strengthened its financial position, with total assets growing to ₹4,611.4 crore and cash reserves up to ₹418.3 crore. Borrowings were reduced to ₹747.2 crore, improving net debt by 47% to ₹329 crore.

Omnichannel Expansion and Fashion Segment Ascent

The beauty division saw Gross Merchandise Value (GMV) increase by 27% to ₹14,954 crore. Nykaa expanded its physical retail footprint significantly, adding 76 new stores to reach 313 stores across 99 cities. AI integration, including virtual try-on tools, was a key focus for customer experience. The fashion segment's GMV grew 30% to ₹4,954 crore. Notably, the fashion segment turned EBITDA-positive in Q4 FY26, reporting ₹1 crore versus a ₹29 crore loss last year. Men's wear experienced 60% growth.

Strategic Acquisitions and Future Growth

Nykaa completed the full acquisition of clean beauty brand Earth Rhythm. Executive Chairperson Falguni Nayar called crossing the $1 billion revenue mark a defining moment, positioning Nykaa as a multi-engine growth platform. Nayar sees the Wellness category as a future growth frontier and plans to continue leveraging AI for customer engagement and efficiency.