Date: August 04, 2026

Quarterly Financial Results Q1 FY2027

Financial Performance

  • Consolidated GMV: Grew 34% YoY to ₹5,590 Cr
  • Revenue from Operations: Grew 29% YoY to ₹2,782 Cr
  • Gross Profit: Grew 33% YoY to ₹1,276 Cr
  • EBITDA: Grew 68% YoY to ₹236 Cr
  • EBITDA Margins: Expanded to 8.5% vs 6.5% a year ago (200 bps expansion)
  • Net Profit (PAT): ₹80 Cr, up 226% YoY

Business Segment Performance

Beauty Vertical:

  • GMV stood at ₹4,105 Cr (includes e-commerce, retail stores, eB2B distribution, and House of Nykaa portfolio)
  • NSV growth: 29% YoY
  • Retail footprint: 324 stores across 105 cities
  • Retail space: Increased 29% YoY to ~3.3 lakh sq. ft.
  • Unveiled largest-ever Nykaa Luxe store at Ambience Mall, Vasant Kunj (over 5,000 sq. ft. with 80+ brands)

House of Nykaa (Beauty & Fashion):

  • Annualized GMV run rate: Approximately ₹3,758 Cr (39% YoY growth)
  • Q1 FY2027 NSV: ₹550 Cr (36% YoY growth)
  • Reach: Over 18+ million customers to date
  • New launches across top 3 brands contributed 20-40% of their revenues

Beauty eB2B: Superstore by Nykaa:

  • GMV: Grew to ₹336 Cr
  • Geographic reach: Serves 1,200+ cities
  • Registered retailer base: 523k+ (up 30% YoY)

Fashion Vertical:

  • GMV: Increased 53% YoY to ₹1,471 Cr
  • NSV: Increased 54% YoY to ₹451 Cr
  • EBITDA margin (as % of NSV): Expanded from -6.2% in Q1 FY2026 to 0.1% in Q1 FY2027
  • Cumulative customer base: 12 million (growing 34% YoY)
  • Category growth: Women's fashion 40% YoY, Men's 83% YoY, Kids 57% YoY
  • New brands: Launched 130+ new brands including Birkenstock, Debenhams, and H&M Move
  • Nike partnership: Crossed 1.5 million Nike app installs within 6 months of launch

Operational Highlights

New Brand Launches: Rare Beauty, SK-II, Judydoll, K18, Dr. Reju-All

NYKAA NOW Expansion:

  • Expanded to 13 cities
  • Plans to reach 25+ cities by end of FY2027
  • Offers 1,000+ marquee brands with 30-60 minute delivery

Technology Initiatives:

  • Virtual Closet (AI-powered fashion discovery): Powered over 200K virtual avatars, achieved 2x higher conversion among users
  • AskNykaa: Conversational search engine

International Operations:

  • GCC (Nysaa) impacted by geopolitical headwinds
  • Festive season in May supported modest improvement

Management Commentary

Falguni Nayar, Executive Chairperson, Founder and CEO: "This quarter marked continued acceleration in our growth momentum and EBITDA margins, both reaching their highest levels in the last 12 quarters. We remain focused on building with discipline, innovation, and long-term value creation."

Acquisition of Majority Stake in Aminu Wellness

Transaction Details

  • Nykaa acquired 51% majority stake in Aminu Wellness Private Limited
  • Remaining stake to be acquired over next few years on pre-agreed terms
  • Founders will continue to run the business

Company Background

  • Founded in 2019 by Prachi Bhandari (clinical cosmetologist) and Aman Mohunta (business lead)
  • Bootstrapped since inception, now profitable
  • Revenue growth: Scaled 8x over last three years
  • FY26 Revenue: ₹19 crores

Business Overview

  • Premium dermocosmetic skincare brand
  • 30+ proprietary formulations using 150+ globally sourced ingredients from over 10 countries
  • Advanced skincare technologies including DNA-repair enzymes, Nordic silts, biotechnology actives
  • Professional skincare: Works with premium salons and skin clinics (Bodycraft, Jean Claude Biguine, Kaya Clinic, etc.)
  • Awards: Seven beauty awards and multiple "Best Product" recognitions from Femina, Vogue, Grazia, Elle, Esquire

Strategic Rationale

Adwaita Nayar, Co-founder & Executive Director: "Aminu is a natural addition to our House of Nykaa vision. Its premium positioning, loyal following, and genuine R&D depth make it more than an acquisition - it's a capability addition to our ecosystem."

Founders Prachi Bhandari & Aman Mohunta: "This partnership creates a powerful platform to accelerate growth, strengthen our innovation pipeline and build a category-defining premium skincare business."