Results · Commerce & Consumer Brands

Nykaa projects 30% revenue growth for Q1 FY27

What they do

Nykaa expects consolidated net revenue to grow about 30% year-on-year in Q1 FY27

Its beauty vertical net revenue growth is projected in the late twenties percent

Nykaa's market capitalization is Rs 90,883 crore

Nykaa has projected ~30% year-on-year consolidated net revenue growth for the first quarter of FY27 (April-June 2026).
Gross merchandise value (GMV, total value of goods sold) and net sales value (NSV, revenue after returns and discounts) are both expected to grow in the early thirties percent year-on-year.
The beauty vertical's NSV and net revenue growth are expected in the late twenties percent.
The fashion vertical's NSV growth is expected in the mid-fifties percent.
Nykaa's offline network had 324 stores as of June-end.
The company's share price was Rs 317.35 as of 10.07 AM, giving a market capitalisation of Rs 90,883 crore.

The fashion vertical's faster growth is attributed to lower leakages between GMV and NSV, a wider brand assortment, and sustained marketing investments.
A partnership with Nike has delivered encouraging early results.
Nykaa owns brands including Kay Beauty, Nykaa Cosmetics, and Dot & Key.

Nykaa is an online retailer of beauty products and fashion.
It operates through two main verticals: beauty and fashion.
The company sells products from third-party brands as well as its own brands.
Its owned brands include Kay Beauty, Nykaa Cosmetics, and Dot & Key.
Nykaa has an offline network of 324 stores across India.
The fashion vertical has partnered with Nike and seen encouraging early results.
The company makes money by selling products on its platform, with revenue from both its own brands and third-party brands.