Results · Commerce & Consumer Brands

Nykaa shares rise 6% as FY30 targets set

By Startup Enthusiast · 18 June 2026

What they do

Nykaa shares rose 6% to ₹298.10 on BSE on 18 Jun 2026

The company reported a 182% rise in FY26 net profit to ₹203.9 Cr

Management set a $5 Bn GMV target for beauty/lifestyle by FY30

Nykaa reported strong financial results for the fiscal year ending March 2026.
Full-year consolidated net profit surged 182% to reach ₹203.9 Cr from ₹72.1 Cr.
Operating revenue grew 26% year-on-year to stand at ₹10,022.4 Cr for FY26.
Q4 FY26 net profit jumped 4x to ₹78.8 Cr compared to the previous year.
Quarterly operating revenue rose 28% to ₹2,648.2 Cr in Q4 FY26.
The stock price closed up 6% at ₹298.10 on the BSE following the news.
Market capitalization reached approximately $9 Bn at the close of trading on June 18.
UBS maintained a Neutral rating with a target price of ₹290 citing valuation concerns.

Investors are watching closely as the company scales its physical retail footprint.

Nykaa operates a digital marketplace for beauty, fashion, and consumer brands.
The company is expanding its physical presence with over 600 stores targeted by FY30.
It aims to serve 10 Cr beauty consumers across India by the end of the decade.
AI features like Skin Scan and Virtual Closet enhance user discovery and personalization.
Beauty GMV doubled over the past three years to reach ₹15,000 Cr in FY26.
Fashion GMV is targeted to grow 3-3.5X by FY30.
House of Nykaa brand NSV is projected to exceed ₹5,000 Cr by FY30.
The company integrates AI into merchandising, operations, and customer service workflows.