FSN E-Commerce Ventures Limited — PPTs, 04-08-2026: Investor Presentation

Nykaa delivered a strong Q1FY27. Net Revenue grew 29% YoY to Rs 2,782 Cr, and Profit After Tax (PAT) surged 226% YoY to Rs 80 Cr. Overall GMV rose 34% YoY to Rs 5,590 Cr. The Beauty segment's NSV climbed 29% with EBITDA up 48% (10.3% margin). Fashion NSV jumped 54% and achieved positive EBITDA of Rs 0.4 Cr. The House of Nykaa portfolio reported strong growth, with annualized NSV exceeding Rs 2,200 Cr, up 36% YoY.

Key growth drivers include expanding omnichannel presence with 324 stores, strategic premium brand partnerships like Rare Beauty, and leveraging AI for customer engagement (e.g., Virtual Closet for fashion). Recent developments include launching the largest ultra-luxe Nykaa store in Vasant Kunj and acquiring a 51% stake in Aminu, a premium skincare brand, for Rs 32 Cr to boost its House of Nykaa portfolio. Nykaa Now's rapid delivery expanded to 13 cities. The company’s capital efficiency is evident, with ROCE at 26.8%. Management continues to prioritize profitable growth and aims to expand Nykaa Now to over 25 cities by FY27.