| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 2,782 | 2,155 | +29.1% |
| EBITDA | 236 | 141 | +67.8% |
| EBITDA margin | 8.5% | 6.5% | +2.0 pts |
| Profit before tax | 129 | 43.7 | +195.5% |
| Net profit | 79.8 | 24.5 | +226.0% |
| EPS | ₹0.28 | ₹0.08 | +250.0% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 98,068 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 177 | 177 | 125 | 75.8 | 41.4 | ||
| 64.1 | 64.1 | 41.4 | 18.8 | 14.1 | ||
| 747 | 747 | 961 | 680 | 460 | ||
| 98,702 | — | — | — | — | ||
| 10,649 | 10,022 | 7,950 | 6,386 | 5,144 | ||
| — | +26.1% | +24.5% | +24.1% | — | ||
| 848 | 752 | 474 | 346 | 256 | ||
| 8.0% | 7.5% | 6.0% | 5.4% | 5.0% | ||
| 514 | 432 | 208 | 122 | 82.8 | ||
| 259 | 204 | 72.1 | 39.7 | 21.0 | ||
| 2.4% | 2.0% | 0.9% | 0.6% | 0.4% | ||
| ₹0.89 | ₹0.70 | ₹0.23 | ₹0.11 | ₹0.07 | ||
| — | +201.8% | +104.8% | +67.5% | — | ||
| — | 644 | 467 | 0.3 | −140 | ||
| — | −154 | −127 | −111 | −208 | ||
| 490 | 490 | 339 | −110 | −348 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 98,068.0 | |
| - Cash, Equiv & ST Investments | 41.4 | 75.8 | 124.9 | 177.2 | 177.2 | |
| + Minority Interest | 14.1 | 18.8 | 41.4 | 64.1 | 64.1 | |
| + Total Debt | 460.4 | 680.4 | 961.4 | 747.2 | 747.2 | |
| Enterprise Value | — | — | — | — | 98,702.2 | |
| Revenue | 5,143.8 | 6,385.6 | 7,949.8 | 10,022.4 | 10,649.4 | |
| Growth %, YoY | — | +24.1 | +24.5 | +26.1 | — | |
| EBITDA | 256.0 | 346.2 | 473.9 | 752.3 | 847.7 | |
| Margin % | 4.98 | 5.42 | 5.96 | 7.51 | 7.96 | |
| EBIT | 82.8 | 121.9 | 207.5 | 432.0 | 514.0 | |
| Net Income | 21.0 | 39.7 | 72.1 | 203.9 | 259.2 | |
| Margin % | 0.41 | 0.62 | 0.91 | 2.03 | 2.43 | |
| EPS, Adj (current shares) | 0.07 | 0.11 | 0.23 | 0.70 | 0.89 | |
| Growth %, YoY | — | +67.5 | +104.8 | +201.8 | — | |
| Cash from Operations | -140.2 | 0.3 | 466.6 | 644.3 | — | |
| Capital Expenditures | -208.2 | -110.7 | -127.2 | -153.9 | — | |
| Free Cash Flow | -348.4 | -110.5 | 339.4 | 490.4 | 490.4 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
FSN E-Commerce Ventures (NSE: NYKAA) had a market capitalisation of ₹1,01,099 crore at the 29 October 2026 close (₹352.90 a share), a PE ratio of 394.7 on the last four quarters' profit and a price-to-book ratio of 70.31. In FY26 its consolidated net profit was ₹199 crore on revenue of ₹10,022 crore; in Q1 FY27 (April–June 2026) it was ₹80 crore, up 243.1% year on year. Its debt-to-equity ratio was 0.50 on 31 March 2026. Promoters held 52.07% of the shares on 30 September 2026.
Nykaa's PE ratio is 394.7 at the 29 October 2026 close (₹352.90 a share): a market capitalisation of ₹1,01,099 crore divided by consolidated net profit of ₹256 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹199 crore) it is 506.9.
Nykaa's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,438 crore on 31 March 2026, up 10.5% from ₹1,301 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,01,099 crore at the 29 October 2026 close.
Nykaa's book value per share was ₹5.02 on 31 March 2026: shareholders' equity of ₹1,438 crore divided by the 286.48 crore shares in issue, up 10.3% from ₹4.55 a year earlier. The share price at the 29 October 2026 close was ₹352.90.
Nykaa's price-to-book (PB) ratio is 70.31 at the 29 October 2026 close: a market capitalisation of ₹1,01,099 crore divided by shareholders' equity (book value) of ₹1,438 crore on 31 March 2026. That is a book value of ₹5.02 per share against a share price of ₹352.90.
In FY26, Nykaa's return on equity (ROE) was 14.6% and its return on capital employed (ROCE) was 23.5%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 5.2% and ROCE 12.4%.
Promoters held 52.07% of Nykaa on 30 September 2026, down 0.01 percentage points from 52.08% the previous quarter and down 0.05 percentage points from 52.12% a year earlier, according to the shareholding pattern filed with NSE.
Nykaa's market capitalisation was ₹1,01,099 crore (₹1.01 lakh crore) at the 29 October 2026 close: 286.48 crore shares at ₹352.90 each.
Nykaa's debt-to-equity ratio was 0.50 on 31 March 2026: borrowings of ₹747 crore against total equity of ₹1,502 crore. A year earlier, on 31 March 2025, it was 0.72.
Nykaa's basic earnings per share (EPS) were ₹0.70 in FY26, against ₹0.23 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹0.89.
No. Nykaa had borrowings of ₹747 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.50. Its cash and current investments were ₹320 crore, so its net debt was ₹427 crore.
In FY26, Nykaa generated ₹644 crore of cash from operations and spent ₹154 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹490 crore. In FY25 it was ₹339 crore.
Nykaa's latest results are for Q1 FY27 (April–June 2026), filed on 4 August 2026: consolidated net profit ₹80 crore, up 243.1% from ₹23.3 crore in Q1 FY26; revenue from operations ₹2,782 crore, up 29.1% year on year.
On 30 September 2026, Nykaa's shares were held by promoters 52.07%, foreign portfolio investors (FII/FPI) 15.65%, domestic institutions (DII) 22.35% (including mutual funds at 16.72%) and retail and other non-institutional investors 9.93%. Over the year, FII holding was up 3.11 percentage points from 12.54% and DII holding was down 2.63 percentage points from 24.98%.
On FY26 consolidated figures, against Meesho, Trent and Eternal (Zomato): Nykaa's operating margin of 4.3% is the second highest of the four (Meesho −12.1%, Trent 11.5%, Eternal (Zomato) −0.7%; peer average −0.4%); its return on equity of 14.6% is the second highest of the four (Meesho −31.0%, Trent 27.6%, Eternal (Zomato) 1.2%; peer average −0.7%).
In FY26, Nykaa earned net profit of ₹199 crore on revenue of ₹10,022 crore, against ₹1,358 crore on ₹12,626 crore for Meesho. Nykaa's operating margin was 4.3% (Meesho −12.1%) and its return on equity 14.6% (Meesho −31.0%). At the 29 October 2026 close, Nykaa's market capitalisation was ₹1,01,099 crore against ₹1,04,040 crore for Meesho.
In FY26 (April 2025–March 2026), Nykaa's consolidated net profit was ₹199 crore, up 201.8% from ₹66.1 crore in FY25, on revenue from operations of ₹10,022 crore (up 26.1%). Over three years, from FY23, net profit was up 935.4%.
Nykaa will announce its Q2 FY27 results (July–September 2026) on Wednesday, 4 November 2026, the date of the board meeting it has notified to the exchanges.
From FSN E-Commerce Ventures' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.