NYKAA Q1 Net Profit Rises 1.3% YoY; Acquires 51% in Aminu

Board Meeting Outcomes

The Board of Directors meeting was held on August 04, 2026, commencing at 11:36 AM and concluding at 03:55 PM IST. The Board approved:

1. Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026 (Q1 FY2026-27)

2. Acquisition of 51% equity stake in Aminu Wellness Private Limited (Aminu) for consideration of up to ₹32 Crores

Consolidated Financial Results (Q1 FY27)

Key Financial Metrics (₹ in crores):

| Total Income | 2,791.31 | 2,657.32 | 2,164.27 |

| Profit Before Tax | 129.16 | 121.52 | 43.71 |

| Net Profit After Tax | 79.76 | 78.75 | 24.47 |

| Total Comprehensive Income | 79.84 | 81.10 | 24.59 |

Earnings Per Share (EPS):

Basic EPS: ₹0.28 for Q1 FY27 (₹0.27 in Q4 FY26, ₹0.08 in Q1 FY26)

Tax Expense:

Current tax: ₹53.78 crore
Deferred tax credit: ₹(4.38) crore
Total tax expense: ₹49.40 crore

Attribution of Profit:

Equity shareholders of parent: ₹78.38 crore
Non-controlling interests: ₹1.38 crore

Segment Performance (Consolidated)

Revenue Breakdown (₹ in crores):

Beauty segment: ₹2,516.33 (up from ₹1,975.37 YoY)
Fashion segment: ₹252.63 (up from ₹170.83 YoY)
Others: ₹13.04 (up from ₹8.74 YoY)
Total Segment Revenue: ₹2,782.00

Segment Results (₹ in crores):

Beauty segment profit: ₹159.10
Fashion segment loss: ₹(8.52) (improved from ₹(27.01) loss YoY)
Others segment loss: ₹(13.90)
Total Segment Results: ₹136.68

Capital Employed (₹ in crores):

Total Capital Employed: ₹1,595.17
Beauty segment: ₹1,991.57 (Assets: ₹4,021.17, Liabilities: ₹2,029.60)
Fashion segment: ₹66.31 (Assets: ₹329.50, Liabilities: ₹263.19)
Others: ₹41.91 (Assets: ₹112.50, Liabilities: ₹70.59)

Standalone Financial Results (Q1 FY27)

Key Financial Metrics (₹ in crores):

| Total Income | 127.69 | 163.16 | 121.93 |

| Profit Before Tax | 12.78 | 49.74 | 17.44 |

| Net Profit After Tax | 9.57 | 41.04 | 12.92 |

| Total Comprehensive Income | 9.57 | 41.31 | 12.92 |

Earnings Per Share (EPS):

Basic EPS: ₹0.03 for Q1 FY27 (₹0.14 in Q4 FY26, ₹0.05 in Q1 FY26)

Acquisition Details (Aminu Wellness Private Limited)

Transaction Summary:

Acquisition of 51% shareholding on fully diluted basis
Consideration: Up to ₹32 Crores (cash)
Expected completion: By September 15, 2026
Not a related party transaction
Arm's length basis

Target Company Details:

Name: Aminu Wellness Private Limited
Incorporation: June 06, 2019
Business: Manufacture, marketing and sale of cosmetics products in skincare category
Industry: Beauty and Personal Care (BPC)
Turnover: FY 2025-26: ₹19.44 Crores, FY 2024-25: ₹12.96 Crores, FY 2023-24: ₹8.40 Crores

Strategic Rationale:

BPC and skincare spend in India is "premiumizing" and Aminu fits well within that segment
Aminu has strong R&D capabilities and omnichannel distribution
No governmental or regulatory approvals required

Auditor's Review

S.R. Batliboi & Associates LLP issued unmodified review reports for both standalone and consolidated financial results, stating nothing has come to their attention that causes them to believe the statements contain material misstatements.

Consolidated Results Coverage: Includes 15 subsidiaries with total revenues of ₹335.34 crores, total net profit after tax of ₹27.95 crores, and total comprehensive income of ₹28.07 crores for the quarter ended June 30, 2026.

Subsidiaries List: Includes Nykaa E-Retail Limited, FSN Brands Marketing Private Limited, Nykaa Fashion Limited, FSN Distribution Limited, and 17 other entities.

Notes to Financial Results

1. Financial results prepared in accordance with Ind AS and SEBI Listing Regulations

2. Exceptional items for year ended March 31, 2026 included:

Arbitration award receipt of ₹9.34 crore (net)
Inventory theft expense of ₹10.38 crore
Labour Codes impact of ₹16.36 crore (consolidated) / ₹2.13 crore (standalone)

3. Figures for quarter ended March 31, 2026 are balancing figures between audited annual results and published YTD figures

4. No separate segment disclosure in standalone results as required by Ind AS 108