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Nykaa Posts 38% Revenue Growth in Q4 FY26 as Beauty Margins Hit Record High

By , News Editor4 min read
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Nykaa Q4 FY26 quarterly results with beauty and fashion growth chart

Nykaa reported Q4 FY26 revenue of ₹2,460 crore, up 38% YoY, with the beauty vertical contribution margin hitting a record 28.4% on the back of premiumisation and own-brand growth.

Key Facts

Key facts: Nykaa Posts 38% Revenue Growth in Q4 FY26 as Beauty Margins Hit Record High
DetailValue
Deal size₹2,460 crore
SectorNykaa
CoverageStartup News

Nykaa reported strong Q4 FY26 results on June 2, 2026, with consolidated revenue of ₹2,460 crore and meaningful margin expansion in the core beauty business.


Key Numbers


  • Revenue: ₹2,460 crore (up 38% YoY)
  • Beauty GMV: ₹3,890 crore (up 34% YoY)
  • Fashion GMV: ₹1,180 crore (up 19% YoY)
  • Consolidated EBITDA margin: 8.6% (vs 6.1% YoY)
  • Net profit: ₹98 crore (vs ₹42 crore YoY)

  • Segment Highlights


  • Beauty contribution margin: Record 28.4%, up 290bps YoY, driven by 41% growth in own-brand portfolio
  • Fashion: Narrowed contribution loss to -3.1% from -8.4%, with positive contribution margin targeted for H2 FY27
  • Physical retail: 290 stores at quarter-end, with same-store growth of 18%

  • Strategic Updates


    Management announced a ₹250 crore investment in quick commerce — Nykaa Now — to be rolled out across 12 cities by December 2026, targeting 60-minute delivery for beauty essentials.


    Outlook


    FY27 guidance: 32–35% revenue growth and 200–250bps consolidated EBITDA margin expansion, with quick commerce expected to be margin-neutral in year one.

    nykaaq4 resultsbeautyecommercefy26

    Reported by Ananya Raghavan. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.

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