Nykaa Q2 FY27: Net Revenue up 28% to ₹3,006 Cr, Acquires 82% Stake in Simply Nam
Nykaa reported Q2 FY2027 results with consolidated Net revenue up 28% YoY to ₹3,006 Cr and PAT up 207% YoY to ₹101 Cr. Consolidated GMV grew 30% YoY to ₹6,151 Cr. The company also acquired an 82% majority stake in professional makeup brand Simply Nam. Fashion NSV increased 47% YoY to ₹509 Cr.
The strong financial performance and the significant acquisition of a majority stake in a professional makeup brand are material events that will likely have a considerable impact on the company's future growth and market positioning.
The company reported strong year-on-year growth in revenue, profit, and GMV, alongside a strategic acquisition that expands its market presence in the premium segment.
FSN E-Commerce Ventures Limited (Nykaa) announced strong financial results for the quarter ended September 30, 2026. Consolidated Net revenue grew 28% year-on-year to ₹3,006 crore, while Profit After Tax (PAT) surged by 207% year-on-year to ₹101 crore. Consolidated Gross Merchandise Value (GMV) increased by 30% year-on-year to ₹6,151 crore. EBITDA saw a significant rise of 65% year-on-year to ₹263 crore, with EBITDA margins expanding to 8.7% from 6.8% in the same period last year.
In a strategic move, Nykaa has acquired an 82% majority stake in Simply Nam Beauty Private Limited, a professional makeup brand founded by celebrity makeup artist Namrata Soni. This acquisition aims to strengthen Nykaa's House of Nykaa portfolio and expand its presence in the premium and bridge-to-luxury professional makeup segment. Simply Nam, founded in 2020, combines professional makeup expertise with clinically tested formulations tailored for the Indian market.
The Beauty vertical demonstrated robust momentum, with GMV reaching ₹4,454 crore, an increase of 28% year-on-year. The company continued to expand its retail footprint, with 338 beauty stores across 111 cities by the end of Q2 FY2027. The Fashion segment also performed well, with Net Sales Value (NSV) increasing by 47% year-on-year to ₹509 crore, and the EBITDA margin turning positive at 0.2% from -3.5% in the previous year.
Falguni Nayar, Executive Chairperson, Founder and CEO of Nykaa, commented on the results, stating, "Our performance this quarter reflects the strength of the Nykaa ecosystem, with each of our businesses contributing to growth and productivity gains. We continued to improve operational efficiency, particularly across marketing and overheads. Beauty and Fashion are seeing accelerated growth, while House of Nykaa and Wellness offer significant runway for long-term growth. We remain focused on building differentiated businesses that serve our consumers and deliver sustainable growth over the long term."
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FSN E-Commerce Ventures Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by FSN E-Commerce Ventures Limited. Read the original for the full detail.