Nykaa's FY26 profit triples as Nayar bets on fashion, House of Brands, B2B tech stack
Revenue rose 26% to ₹10,022 cr; net profit jumped 183% to ₹204 cr on Ebitda margin expansion to 7.5%. Fashion grew ~40%, customer base hit 55M, and Nykaa is now powering global brands like Kiehl's, Nike and Foot Locker via its tech and supply-chain stack.
Nykaa's FY26 revenue rose 26% to ₹10,022 cr with net profit up 183% to ₹204 cr. Founder Falguni Nayar is scaling fashion (40% growth), House of Brands, and offering tech/supply-chain stack to global brands like Kiehl's, Nike, Foot Locker.
Why this matters
Results validate Nayar's FY30 roadmap targeting $5B beauty GMV and 600+ stores, following brokerage bullishness and earlier guidance on fashion scale-up and margin expansion.
Retail-company signals steady at 3,443 over the past 90 days.