FSN E-Commerce Ventures Ltd

FSN E-Commerce Ventures Ltd announced that its wholly owned subsidiary, Nykaa E-Retail Limited, has successfully completed the full redemption of its issued Unlisted, Unsecured, Unrated, Redeemable, Non-Convertible Debentures (NCDs). This action aligns with the pre-agreed terms and follows a previous intimation dated July 22, 2024. The company has informed the stock exchanges as per SEBI regulations.

FSN E-Commerce Ventures Ltd (Nykaa) reported a strong start to FY2027, with Q1 FY2027 net revenue accelerating to 29% year-on-year (YoY) growth, reaching ₹2,782 Cr. Consolidated Gross Merchandise Value (GMV) grew 34% YoY to ₹5,590 Cr. Profit After Tax (PAT) saw a significant surge of 226% YoY to ₹80 Cr. EBITDA also grew robustly by 68% YoY to ₹236 Cr, with margins expanding to 8.5%. The company highlighted strong performance in its Beauty vertical, with GMV at ₹4,105 Cr and Net Sales Value (NSV) growth of 29% YoY. Nykaa also announced the acquisition of a majority stake in Aminu Wellness Private Limited, bolstering its premium skincare offerings. New brand launches like Rare Beauty and SK-II, along with the expansion of its retail footprint and digital initiatives, are contributing to this accelerated growth.

FSN E-Commerce Ventures Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved the acquisition of a 51% equity stake in Aminu Wellness Private Limited for a consideration of up to INR 32 Crores. The acquisition details are provided as per SEBI Listing Regulations. The Board meeting commenced at 11:36 a.m. and concluded at 03:55 p.m. IST.

FSN E-Commerce Ventures Limited announced today, August 04, 2026, that its Board of Directors has approved the acquisition of a 51% equity stake in Aminu Wellness Private Limited on a fully diluted basis. The consideration for this acquisition is up to INR 32 Crores. The board also approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The acquisition is in line with SEBI Listing Regulations, and further details are provided in Annexure B.

FSN E-Commerce's consolidated (primary basis) revenue rose 29.1% YoY and 5.1% QoQ to ₹2,782 Cr, while consolidated PAT jumped 226% YoY to ₹79.76 Cr (₹80.01 Cr attributable to parent) from ₹24.47 Cr a year ago, though it was roughly flat sequentially against ₹78.75 Cr in Q4 FY26. Basic EPS was ₹0.28 versus ₹0.08 YoY. Neither this quarter nor the year-ago quarter carried any exceptional items — those sat only in the FY26 full-year column (a net ₹17.40 Cr gain from an arbitration award, a warehouse-theft charge and a labour-code impact) — so the YoY comparison is clean and needs no adjustment. The growth was margin-led: operating margin (EBITDA/revenue) expanded to 8.48% from 6.53% a year ago and held roughly flat against 8.42% in Q4 FY26, while net margin improved to 2.87% from 1.14% YoY. Beauty segment revenue grew 27.4% YoY to ₹2,516 Cr with segment profit up to ₹159.1 Cr from ₹96.3 Cr, and Fashion revenue accelerated 47.9% YoY to ₹252.6 Cr with the segment loss narrowing sharply to ₹8.52 Cr from ₹27.01 Cr. Management's press release framed EBITDA margin and growth momentum as reaching their "highest levels in the last 12 quarters," a claim the OPM print backs up, and cited new brand launches — Rare Beauty, SK-II and Judydoll — as drivers of the beauty acceleration. Actual revenue growth (+29.1% YoY) lines up almost exactly with the company's own July 27, 2026 pre-quarter business update guiding ~30% YoY consolidated revenue/GMV/NSV growth, so guidance was effectively met; this also builds on the confident, margin-focused tone from the Q4 FY26 concall. No formal brokerage PAT consensus turned up in a search for this specific quarter. Our own pre-result preview had flagged EBITDA margin as "the litmus test" alongside beauty-fashion mix and NSV-vs-GMV dynamics — the print clears the margin bar and shows Fashion NSV clearly outpacing Beauty, though this filing does not disclose absolute GMV/NSV crore figures, so the "dollars following GMV" question isn't fully resolved. Standalone PAT of ₹9.57 Cr fell YoY (₹12.92 Cr) and QoQ (₹41.04 Cr), but that reflects the holding company's royalty/dividend-heavy income mix rather than group operating momentum. The same board meeting approved a 51% stake purchase in skincare player Aminu Wellness Private Limited for up to ₹32 Cr (FY26 revenue ₹19.44 Cr, up from ₹12.96 Cr and ₹8.40 Cr in the prior two years), expected to close by September 15, 2026 — a bolt-on to the owned-brands/skincare push. With margins already near multi-quarter highs and no one-offs distorting the base, the next checkpoints are whether Fashion crosses into segment profit and whether OPM keeps climbing through FY27 as guided.

FSN E-Commerce Ventures Ltd (Nykaa) has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report, which is part of the Integrated Annual Report, details the company's operations, employee data, and market reach. Nykaa's business activities primarily revolve around retail sales via e-commerce (85% of turnover), marketing support, and wholesale of cosmetics and fashion apparel. The company operates across 75 locations nationally and serves a diverse customer base, with a focus on Gen Z and millennials. The BRSR was prepared on a consolidated basis, including its subsidiary Nykaa E-Retail Limited, and received reasonable assurance from TUV India Pvt. Ltd.

FSN E-Commerce Ventures Ltd has communicated its Integrated Annual Report and Notice of the Annual General Meeting (AGM) for FY2025-26 to its members. The company is complying with SEBI Listing Regulations by sending weblinks to members whose email IDs are not registered, allowing access to the report and AGM notice. The AGM is scheduled for August 25, 2026, at 10:30 AM IST, to be held via Video Conferencing. E-voting will be open from August 21 to August 24, 2026. The Integrated Annual Report is also available on the company's website.

FSN E-Commerce Ventures Ltd (Nykaa) has filed its Integrated Annual Report for the Financial Year 2025-26. The report includes the Notice convening the 14th Annual General Meeting (AGM), scheduled for August 25, 2026, to be held via Video Conferencing. Key financial highlights for FY2025-26 include a Gross Merchandise Value (GMV) of ₹19,963 crore (28% YoY growth), Net Revenue of ₹10,022 crore (26% YoY growth), Gross Profit of ₹4,516 crore (30% YoY growth), EBITDA of ₹752 crore (59% YoY growth), and PAT of ₹204 crore (183% YoY growth). The company also reported a cumulative customer base of over 55 million and expanded its retail presence with 313 beauty stores, including 76 new openings in FY2026. The report details the company's performance, value creation approach, stakeholder engagement, and sustainability initiatives.

FSN E-Commerce Ventures Limited (Nykaa) has announced its 14th Annual General Meeting (AGM) will be held on August 25, 2026, at 10:30 a.m. IST. The meeting will be conducted virtually via Video Conferencing (VC) or Other Audio Visual Means (OAVM), adhering to the Companies Act, 2013 and SEBI Listing Regulations. Key agenda items include the adoption of standalone and consolidated audited financial statements for the fiscal year ended March 31, 2026. Additionally, the AGM will address the re-appointment of directors Mr. Sanjay Nayar and Mr. Milan Khakhar, who are retiring by rotation. The appointment and remuneration of M/s. Walker Chandiok & Co. LLP as statutory auditors will also be considered. The notice is being sent to shareholders electronically and is available on the company's website and NSDL's e-voting portal.

FSN E-Commerce Ventures Ltd (Nykaa) has announced that its Board of Directors will convene on Tuesday, August 04, 2026. The primary agenda for this meeting is to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, along with the Statutory Auditors' Report. This intimation is in compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also confirmed the closure of its trading window, which began on June 24, 2026, and will remain closed until August 06, 2026, extending 48 hours after the declaration of the financial results.