Logotype for FSN E-Commerce Ventures Ltd

FSN E-Commerce Ventures (NYKAA) investor relations material

FSN E-Commerce Ventures Q1 25/26 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for FSN E-Commerce Ventures Ltd
Q1 25/26 earnings summary12 Aug, 2025

Executive summary

  • Achieved 26% year-over-year GMV growth to ₹4,180–4,182 crore and 23% net revenue growth to ₹2,155 crore in Q1 FY26.

  • Gross profit rose 27% year-over-year to ₹962 crore; EBITDA up 46% year-over-year to ₹141 crore; PAT grew 79% year-over-year to ₹24 crore.

  • Customer base reached 45 million, up 30% year-over-year; 250 beauty stores now operate across 82 cities.

  • House of Nykaa brands delivered 57% year-over-year GMV growth, achieving a ₹2,700 crore run rate.

  • Unaudited consolidated results for the quarter ended June 30, 2025, were approved by the Board and reviewed by independent auditors.

Financial highlights

  • Revenue from operations grew 23% year-over-year to ₹2,155 crore; gross margin expanded by 132 bps to 44.6%.

  • EBITDA margin improved to 6.5% (up over 100 bps year-over-year); PAT margin at 1.1%.

  • Working capital days improved to 32; ROCE increased to 12.7% at the consolidated level.

  • Contribution margin rose to 19.9% (up 41 bps year-over-year); fulfillment and employee expenses as % of revenue declined.

  • Basic and diluted EPS for the quarter were ₹0.08 (consolidated) and ₹0.05 (standalone).

Outlook and guidance

  • Confident in sustaining market-beating growth despite macro uncertainties and competition.

  • On track to achieve EBITDA break-even in fashion segment during the year.

  • Continued focus on premiumization, expanding brand portfolio, and omnichannel reach.

  • House of Nykaa brands expected to drive further growth, with Kay Beauty set for global expansion.

  • Superstore eB2B platform scaling with improved profitability and wider reach.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next FSN E-Commerce Ventures earnings date

Logotype for FSN E-Commerce Ventures Ltd
Q2 25/2611 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next FSN E-Commerce Ventures earnings date

Logotype for FSN E-Commerce Ventures Ltd
Q2 25/2611 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

FSN E-Commerce Ventures Ltd operates as an online and offline retailer of beauty, personal care, fashion, and wellness products under the Nykaa brand. The company offers a curated product portfolio through e-commerce platforms and physical stores. It is headquartered in Mumbai, India, and its shares are listed on the NSE.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage