FSN E-Commerce Ventures, the mum or dad firm of Nykaa, noticed its shares surge 6.25% in intraday commerce on Monday, October 6, to hit a recent one-year peak of ₹254.80 per share. This optimistic response from buyers follows the discharge of the corporate’s Q2FY26 enterprise replace.
Q2 Enterprise Replace
In its regulatory submitting on Sunday, the corporate stated it has seen accelerated development momentum in Q2FY26 and delivered yet one more quarter of wholesome efficiency, with consolidated web income development anticipated within the mid-twenties, aided by an early begin to the festive season.
It expects consolidated GMV development to be near the thirties, in comparison with the mid-twenties in the previous couple of quarters. This development was led by renewed momentum within the trend vertical and a wholesome efficiency within the magnificence vertical.
Nykaa expects its Magnificence vertical to ship NSV and web income development within the mid-twenties, marking over ten consecutive quarters of sustained development momentum. Nykaa manufacturers proceed to witness fast development, pushed by the sturdy efficiency of acquired manufacturers like Dot & Key, in addition to homegrown manufacturers like Kay Magnificence and Nykaa Cosmetics.
The corporate additionally anticipates the style vertical to ship NSV development within the increased mid-twenties, supported by sturdy traction within the core platform enterprise. This development is led by increasing model assortment and sturdy buyer acquisition.
Based on the corporate, the vertical’s web income development is anticipated to enhance to the low twenties, up from the low to mid-teens in the previous couple of quarters. Internet income development for the vertical is decrease than NSV development as a result of a lag in promoting and advertising earnings.
“The current GST reforms introduced by the federal government are a welcome step towards stimulating demand. These reforms are anticipated to extend disposable earnings and drive long-term development throughout a number of shopper and discretionary classes,” the corporate stated in its regulatory submitting.
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