FSN E-Commerce Ventures Ltd

FSN E-Commerce Ventures Ltd has announced the closure of its trading window. This closure will be effective from Wednesday, June 24, 2026, and will remain in effect until 48 hours after the company's unaudited financial results for the quarter ending June 30, 2026, are made public. This measure is in accordance with the company's 'Code of Conduct for Prevention of Insider Trading' and is being communicated to all designated persons.

FSN E-Commerce Ventures Ltd (Nykaa) has unveiled its ambitious FY30 vision, aiming to achieve over USD 5 billion in Gross Merchandise Value (GMV) for its beauty and lifestyle business. The company plans to drive 2-3X revenue growth and 4-5X EBITDA growth, targeting a 40%+ ROCE. This expansion will be fueled by disciplined execution, operating leverage, and capital-efficient investments. Nykaa intends to serve 200 million consumers by FY36, with significant growth expected in its Beauty and Fashion segments. The Beauty business aims for 2-3X GMV growth and healthy double-digit EBITDA margins, expanding its retail footprint to over 600 stores. Nykaa Fashion targets 3-3.5X GMV growth with high single-digit EBITDA margins. The company also sees wellness as a major upcoming opportunity and plans to leverage AI for enhanced consumer engagement and operational efficiency.

FSN E-Commerce Ventures Ltd (Nykaa) has responded to a clarification sought by BSE regarding a news item about a partnership with OpenAI for AI-enabled shopping. The company confirmed that such collaborations are part of its ordinary course of business and that it remains in discussions with various parties. Nykaa stated that it will make appropriate disclosures as and when due. The company also clarified that there is no material non-public information that could impact the scrip's price or volume behavior, attributing any trading movements to market factors. Furthermore, Nykaa confirmed no pending legal or regulatory proceedings related to the matter.

FSN E-Commerce Ventures Ltd (Nykaa) announced its FY2026 results, crossing the USD 1 billion revenue milestone. Consolidated GMV grew 28% to ₹19,963 Cr. Revenue from Operations grew 26% YoY to ₹10,022 Cr. EBITDA increased by 59% YoY to ₹752 Cr, with margins expanding to 7.5%. Net Profit (PAT) was ₹204 Cr, up 183% YoY. In Q4 FY26, revenue grew 28% YoY to ₹2,648 Cr, EBITDA grew 67% YoY to ₹223 Cr and PAT was up 313% YoY to ₹79 Cr.

FSN E-Commerce Ventures Ltd's board approved audited consolidated and standalone financial results for the quarter and financial year ended March 31, 2026. Additionally, the board approved the acquisition of additional stake in Earth Rhythm Private Limited (ERPL), a subsidiary of the company. The board meeting commenced at 01:15 p.m. and concluded at 03:35 p.m.

FSN E-Commerce Ventures Ltd's Board of Directors approved the audited consolidated and standalone financial results for the quarter and financial year ended March 31, 2026. Additionally, the board approved the acquisition of an additional stake in Earth Rhythm Private Limited (ERPL), a subsidiary of the company. The meeting commenced at 01:15 p.m. and concluded at 03:35 p.m.

FSN E-Commerce Ventures Ltd (Nykaa) has re-appointed Ms. Adwaita Nayar and Mr. Anchit Nayar as Whole-Time Directors designated as Executive Directors for a term of 5 years effective July 1, 2026, until June 30, 2031. Additionally, Ms. Anita Ramachandran and Mr. Milind Sarwate have been re-appointed as Independent Directors for a second term of 5 years effective July 15, 2026, until July 14, 2031. These re-appointments are subject to the approval of the company's members.

FSN E-Commerce Ventures Ltd has scheduled a Board of Directors meeting on May 21, 2026, to consider and approve the Audited Standalone and Consolidated Financial Statements for the quarter and year ended March 31, 2026. The trading window has been closed from March 25, 2026, and will remain closed until May 23, 2026, following the declaration of the financial statements.

FSN E-Commerce Ventures Ltd, the parent company of Nykaa, is in discussions to buy a majority stake in Deepika Padukone's skincare brand 82°E. The company regularly evaluates strategic opportunities for growth and expansion. Nykaa filed its quarterly revenue update for Q4 FY2026 on April 6, 2026. At present, there are no pending legal or regulatory proceedings related to this matter.

Nykaa (FSN E-Commerce Ventures Limited along with its subsidiaries) delivered a robust performance in Q4 FY2026. The Consolidated GMV growth is expected to be in late twenties, while Consolidated NSV growth is expected to be higher in early thirties. Consolidated Net Revenue growth is expected to be in late twenties, marking the highest growth in the last 12 quarters. This growth was driven by the acceleration in the Fashion vertical and the sustained strong performance of the Beauty vertical. Nykaa’s Beauty vertical is expected to deliver GMV, NSV and Net Revenue growth of late twenties. The Fashion vertical demonstrated steady growth revival since the start of FY2026 and is expected to strengthen further in Q4 FY2026 with GMV growth of late twenties and NSV growth tracking ahead at early forties. The retail network saw strong expansion with a record number of store additions - 26 new store openings and 11 Kiehl’s store integrations in Q4 FY2026.