FSN E-Commerce Ventures Ltd
Press Release issued by the Company titled "Nykaa begins FY2027 on a strong note with Q1 FY2027 Net Revenue growth accelerating to 29% YoY and robust PAT Growth of 226% YoY" & "Nykaa acquires ....
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 04 Aug 2026, 04:37 PM IST · BSE ID: c167a1fc-5143-4a3b-9251-4bc14970b8e7
View Original BSE Filing (PDF)
💡
In Simple Terms
Nykaa announced strong Q1 FY2027 financial results, with significant revenue and profit growth, and acquired a premium skincare brand.
🤖 AI Summary
- FSN E-Commerce Ventures (Nykaa) reported Q1 FY2027 consolidated GMV grew 34% YoY to Rs. 5,590 Cr.
- Revenue from Operations increased 29% YoY to Rs. 2,782 Cr, with Net Profit (PAT) up 226% YoY to Rs. 80 Cr.
- EBITDA grew 68% YoY to Rs. 236 Cr, expanding EBITDA margins to 8.5% from 6.5% a year ago.
- Nykaa acquired a 51% majority stake in Aminu Wellness Private Limited, a premium dermocosmetic skincare brand.
- Aminu Wellness Private Limited scaled 8x over the last three years, reaching Rs. 19 crores in FY26.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Consolidated GMV
Rs. 5,590 Cr
34% YoY
Revenue from Operations
Rs. 2,782 Cr
29% YoY
Gross Profit
Rs. 1,276 Cr
33% YoY
EBITDA
Rs. 236 Cr
68% YoY
Net Profit (PAT)
Rs. 80 Cr
226% YoY
Beauty vertical GMV
Rs. 4,105 Cr
House of Nykaa annualized GMV run rate
Rs. 3,758 Cr
39% YoY
House of Nykaa NSV
Rs. 550 Cr
36% YoY
Superstore by Nykaa GMV
Rs. 336 Cr
Superstore registered retailer base
523k+
30% YoY
Fashion GMV
Rs. 1,471 Cr
53% YoY
Fashion NSV
Rs. 451 Cr
54% YoY
Aminu Wellness FY26 revenue
Rs. 19 crores
🏢 How This Affects the Company
The acquisition of Aminu strengthens Nykaa's premium skincare portfolio within its House of Nykaa brands and expands its presence in science-backed skincare. Fashion GMV increased 53% YoY to Rs. 1,471 Cr, with NSV up 54% YoY to Rs. 451 Cr.
Consolidated Net Profit (PAT) increased 226% YoY to Rs. 80 Cr. EBITDA grew 68% YoY to Rs. 236 Cr, leading to an EBITDA margin expansion to 8.5% from 6.5% previously.
Nykaa expanded its beauty retail footprint to 324 stores across 105 cities, with total retail space increasing 29% YoY to ~3.3 lakh sq. ft. NYKAA NOW expanded to 13 cities, with a target to reach 25+ cities by the end of FY 2027.
Nysaa (GCC operations) remains impacted by geopolitical headwinds, with further improvement dependent on external factors.
👥 What This Means For Shareholders
✅
Action Required
No action required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance and strategic acquisitions, which can influence business trajectory and future value.
🔍
Management Signal
Management is signaling a continued focus on accelerating growth, expanding margins, and strategic portfolio diversification through acquisitions in premium segments.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY2027 financial results — review revenue and profit growth trends.
Updates on Aminu Wellness integration and its contribution to House of Nykaa.
Expansion of NYKAA NOW network towards 25+ cities by end of FY2027.
MEDIUM RISK
Geopolitical headwinds affecting GCC operations and continued competitive landscape in e-commerce.
💡 Investor Takeaway
Nykaa reported Q1 FY2027 Revenue from Operations grew 29% YoY to Rs. 2,782 Cr, and Net Profit (PAT) increased 226% YoY to Rs. 80 Cr. The company also acquired a 51% majority stake in Aminu Wellness Private Limited, enhancing its premium skincare portfolio.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated Net Profit (PAT) increased by 226% YoY to Rs. 80 Cr in Q1 FY2027, demonstrating robust earnings growth.
- EBITDA grew 68% YoY to Rs. 236 Cr, with EBITDA margins expanding to 8.5% in Q1 FY2027 from 6.5% a year ago.
⚠️ Concerns
- Nysaa, Nykaa's GCC operation, continues to be impacted by geopolitical headwinds, affecting its performance in the region.
- The filing does not provide specific financial details regarding the acquisition cost for the 51% stake in Aminu Wellness.
📅 Company Track Record
No previous filings found for FSN E-Commerce Ventures Ltd to establish historical context.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What were Nykaa's consolidated GMV and Revenue from Operations in Q1 FY2027?
Nykaa's consolidated GMV grew 34% YoY to Rs. 5,590 Cr in Q1 FY2027. Revenue from Operations increased 29% YoY to Rs. 2,782 Cr.
What was Nykaa's Net Profit (PAT) in Q1 FY2027?
Net Profit (PAT) for FSN E-Commerce Ventures was Rs. 80 Cr in Q1 FY2027, representing a 226% YoY increase.
What company did Nykaa acquire, and what stake was taken?
Nykaa acquired a 51% majority stake in Aminu Wellness Private Limited, a premium dermocosmetic skincare brand.
What was Aminu Wellness Private Limited's revenue in FY26?
Aminu Wellness Private Limited reported revenues of Rs. 19 crores in FY26, having scaled 8x over the past three years.
How did Nykaa's Fashion segment perform in Q1 FY2027?
Nykaa's Fashion segment GMV increased 53% YoY to Rs. 1,471 Cr, and NSV increased 54% YoY to Rs. 451 Cr in Q1 FY2027.
Questions based on this BSE filing only. For information purposes.