Date: August 25, 2026
Financial Performance
Overall Performance
- Crossed Rs 10,000 Cr revenue milestone in FY26
- PAT grew approximately 3x in FY26
- EBITDA grew 5x over 5 years to Rs 750 Cr with 7.5% EBITDA margin
- Strong ROCE improvement driven by capital efficiency
GMV Performance
- Total GMV reached Rs 20,000 Cr
- Cumulative customer base: 55 million
Beauty Business
- NSV reached Rs 8,500 Cr+ in FY26, growing 4x in 5 years
Fashion Business
- NSV reached Rs 1,450 Cr in FY26, growing 6x in 5 years
- Achieved EBITDA breakeven in Q4FY26
House of Nykaa
- FY26 GMV: ~Rs 3,200 Cr (8x growth in 5 years)
- FY26 NSV: ~Rs 1,900 Cr (7x growth in 5 years)
- 25% FY26 GMV contribution from new launches
- 20 new launches in FY26
Business Operations and Strategic Updates
Beauty Segment
- India's largest beauty omnichannel retailer
- 200+ new brands launched in FY26
- India's largest specialty beauty stores network covering nearly 100 cities
- Retail innovation: Nykaa Perfumery, exclusive brand boutiques (Kiehl's, Charlotte Tilbury), lifestyle café
- Nykaa Now rapid delivery service live across 13 cities
Fashion Segment
- India's leading premium online fashion platform
- 1,280 new brands launched in FY26
- Manages Nike.in and Nike Commerce App in India
Superstore by Nykaa
- India's leading eB2B BPC distribution platform
- Grew 4x in 3 years
- Strengthened portfolio with 220+ leading brands
Technology Integration
- AI permeates every function at Nykaa
- Ask Nykaa: 5x increase in conversational queries
- Virtual Closet: 480K+ virtual avatars created since May 2026
- Skin Scan: 1.5M+ skin scans completed
- Make-Up VTO: 1.3M+ try-ons completed
- Foundation Finder: 2x product viewed to cart conversion
Market Position and Growth
- Gen Z accounts for ~40% of target market (600 million by FY36)
- Community of 300 KOLs generating 60 million+ reach
- Participation in 13+ marquee college lifestyle and music festivals with 60K+ footfalls
- India's 1st Gen Z Beauty Creator Incubator Program generating 2,000+ content pieces
Future Outlook
FY30 Vision
- Target 4-5x EBITDA growth in next 5 years (FY30E)
- Target early to mid teens EBITDA margin
- Continue to invest to accelerate growth engines
Market Opportunities
- India BPC market: $40 billion+ opportunity by FY31E
- India online fashion market: $50 billion opportunity
- GCC BPC market: $25 billion opportunity
Corporate Governance and CSR
Board Composition
- ~55% women directors
- ~60% Nykaa leadership under age 40
- Independent directors: 7 members with diverse backgrounds
Employee Demographics
- ~80% employees below age 35 years
- ~45% women employees
- 60%+ women employees in beauty and fashion category management, marketing and HR
Sustainability Initiatives
- 100% corrugated boxes reused across all House of Nykaa and Superstore warehouses
- Recycling initiatives rewarding customers to return beauty empties at stores
- Clean up drives
Nykaa Foundation
- Women empowerment focus with ~90% of CSR spend towards initiatives
- 5,600+ women skilled
- Target: 50,000 women skilled
- Partnerships with Indian Deaf Cricket Association, Slum Soccer, and National Council of Applied Economic Research
Awards and Recognition
- Nykaa Retail Beauty ranked among India's Top 15 Best Workplaces in Retail 2026
- Awarded WoW workplace by Jombay
- Recognized as one of LinkedIn's Top Midsize Companies in India
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