Latest news with #FSNE-CommerceVentures
Business Standard
2 days ago
- Business
- Business Standard
FSN E-Commerce surges after Q1 PAT jumps 79% YoY; clocks GMV of Rs 4,182 crore
FSN E-Commerce Ventures jumped 4.22% to Rs 213.60 after the company reported 79% rise in net profit to Rs 24 crore on a 23% increase in revenue from operations to Rs 2,155 crore in Q1 FY26 as compared with Q1 FY25. EBITDA improved by 46% to Rs 141 crore in Q1 FY26 from Rs 96 crore in Q1 FY25. EBITDA margin for Q1 FY26 was 6.5% as against 5.5% in Q1 FY25. Profit before tax (PBT) in Q1 FY26 was at Rs 44 crore, up by 98% from Rs 22 crore posted in Q1 FY25. Falguni Nayar, executive chairperson, founder and CEO Nykaa said: This quarters performance underscores Nykaas ability to consistently balance growth and profitability across both our beauty and fashion businesses. Our GMV for the quarter grew 26% year-on-year to Rs 4,182 crore, supported by accelerated premiumization and deeper market penetration. Since our IPO, we have consistently delivered mid-20s growth at a consolidated level. Our cumulative customer base now stands at 45 million, reflecting the growing trust and adoption of our platform. The House of Nykaa Beauty business also continues to scale rapidly, driven by successful new launches and strong consumer demand, now contributing 18% of our overall beauty GMVa clear testament to our brand-building strength." FSN E-Commerce Ventures is engaged in e-retailing of beauty and fashion products through three web portals: and It also has 250 retail stores across India under the Nykaa brand. It manufactures private label beauty products under various brands- majorly Nykaa and Kay Beauty.
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Business Standard
2 days ago
- Business
- Business Standard
Nykaa shares rise 5% on posting healthy Q1; Time to buy or book profit?
FSN E-Commerce Ventures, which operates beauty and cosmetics brand Nykaa, shares gained 5.3 per cent on Wednesday, August 13, 2025, logging an intra-day high at ₹215.95 per share on BSE. The stock was in demand after the company released its June quarter (Q1FY26) results on Tuesday, post-market hours. At 9:55 AM, Nykaa share price was trading 3.49 per cent higher at ₹212.1 per share. In comparison, the Sensex was 0.29 per cent higher at 80,467.04. Nykaa Q1 results recap FSN E-Commerce Ventures reported a 79.3 per cent rise in net profit at ₹24.47 crore for Q1FY26, compared to ₹13.64 crore in the year-ago period. Sequentially, net profit grew 28.4 per cent. Revenue from operations rose 23.41 per cent year-on-year (YoY) to ₹2,154.9 crore in Q1FY26 from ₹1,746.1 crore in Q1FY25. In the previous quarter, revenue stood at ₹2,061.7 crore. Nykaa's earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew 46 per cent YoY to ₹141 crore, with margins expanding to 6.5 per cent from 5.5 per cent in Q1FY25. The company's gross merchandise value (GMV) increased 26 per cent YoY to ₹4,182 crore. FSN E-Commerce Ventures (Nykaa) Q1 results analysis: Buy, sell or hold? Nomura | Neutral | Target: ₹223 The brokerage believes Nykaa continued to deliver strong revenue growth for beauty and personal care (BPC) in challenging conditions. Growth pick-up for the fashion business is also a positive. Even though margins have been on an improving trend, they have been behind expectations (consensus FY26/27F at 7.4 per cent/8.6 per cent. Nomura largely maintained its revenue growth estimates for FY26/27F at 27 per cent/25 per cent growth in BPC and 15 per cent/15 per cent growth in fashion. ICICI Securities | Add | Target: ₹230 In Q1FY26, Fashion's gross merchandise value (GMV) grew 24.5 per cent Y-o-Y driven by 74 per cent Y-o-Y growth in the men's category, which is a positive development, indicating sustainability of growth, as they are still under-indexed in men's fashion (16 percentage of GMV). Further, analysts think Nykaa's rapid delivery model, 'Nykaa now', could scale up to 10–15 per cent of Beauty's GMV by FY26-end and await further clarity on the impact of this scale-up on fulfilment and rental expenses. Nuvama Institutional Equities | Buy | Target: ₹235 Nykaa sustained a strong momentum in its BPC segment, while fashion registered a pickup in growth this quarter. The brokerage models in 20 per cent GMV growth, with margin expansion driven by narrowing losses in Fashion and eB2B. It cut earnings for FY26E/27E by 10 per cent/12 per cent, primarily due to higher tax assumptions. JM Financial Institutional Securities | Buy | Target raised to ₹260 from ₹250 With core BPC continuing to improve profitability along with a decline in losses in Fashion and eB2B, Jm Financial expects the company to see accelerated consolidated Ebitda margin improvement.
Business of Fashion
3 days ago
- Business
- Business of Fashion
Nykaa Revenue Surges, Profit Doubles in Second Quarter
FSN E-Commerce Ventures, the parent of Indian beauty products retailer Nykaa, posted a quarterly profit on Tuesday that more than doubled, benefiting from new brand tie-ups and steady demand for makeup and skincare. The company, which retails an array of brands such as Estée Lauder and actor Katrina Kaif's Kay Beauty both online and offline, said profit rose to 233.2 million rupees ($2.66 million) for the first quarter ended June 30, from 96.4 million rupees a year ago. Indians, especially the affluent, have not shied away from spending on skincare and cosmetics — a category that outperforms others even during a consumption slowdown — helping prop up the $28-billion beauty and personal care industry in India. Nykaa added brands such as luxury offering Chanel, Korean skincare label Aestura and sunscreen maker Supergoop to its product line-up, lifting revenue in its beauty business 24 percent to 19.75 billion rupees. The growth was driven by a focus on reaching more customers across online and offline stores and offering higher-end products, Nykaa said. That, coupled with a 15 percent rise in its fashion business, which sells apparel and accessories from brands such as Victoria's Secret and Titan's Mia, pushed overall revenue up 23 percent at 21.55 billion rupees. By Praveen Paramasivam; Editor: Janane Venkatraman Learn more: Inside the Indian Beauty Retail Wars The battle for exclusive international beauty launches is intensifying as Nykaa, Tira and more set their eyes on expansion.
Business Standard
3 days ago
- Business
- Business Standard
FSN E-Commerce Ventures consolidated net profit rises 141.91% in the June 2025 quarter
Sales rise 23.41% to Rs 2154.94 crore Net profit of FSN E-Commerce Ventures rose 141.91% to Rs 23.32 crore in the quarter ended June 2025 as against Rs 9.64 crore during the previous quarter ended June 2024. Sales rose 23.41% to Rs 2154.94 crore in the quarter ended June 2025 as against Rs 1746.11 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 2154.941746.11 23 OPM % 6.535.50 - PBDT 119.8582.14 46 PBT 43.7122.08 98 NP 23.329.64 142
Fashion Network
3 days ago
- Business
- Fashion Network
India's Nykaa posts two-fold rise in quarterly profit on beauty products demand
Home › News › Business Published August 12, 2025 Download Print Published August 12, 2025 FSN E-Commerce Ventures, the parent of Indian beauty products retailer Nykaa, posted a quarterly profit on Tuesday that more than doubled, benefiting from new brand tie-ups and steady demand for makeup and skincare. Nykaa announced in June that it could break even in four years - Nykaa- Facebook The company, which retails an array of brands such as Estee Lauder and actor Katrina Kaif's Kay Beauty both online and offline, said profit rose to 233.2 million rupees ($2.66 million) for the first quarter ended June 30, from 96.4 million rupees a year ago. Indians, especially the affluent, have not shied away from spending on skincare and cosmetics — a category that outperforms others even during a consumption slowdown — helping prop up the $28-billion beauty and personal care industry in India. Nykaa added brands such as luxury offering Chanel, Korean skincare label Aestura and sunscreen maker Supergoop to its product line-up, lifting revenue in its beauty business 24% to 19.75 billion rupees. The growth was driven by a focus on reaching more customers across online and offline stores and offering higher-end products, Nykaa said. That, coupled with a 15% rise in its fashion business, which sells apparel and accessories from brands such as Victoria's Secret and Titan's Mia, pushed overall revenue up 23% at 21.55 billion rupees. © Thomson Reuters 2025 All rights reserved.
