Nykaa Share Price Surges Over 5% as Q1 Net Profit More Than Doubles
Nykaa’s parent company FSN E-Commerce Ventures Ltd’s share price rose significantly in Wednesday’s session as the company reported its net profit more than doubled in the first quarter of the financial year 2026. Its consolidated net profit advanced 142% on the year to Rs 23.32 crore versus Rs 9.64 crore.
Key Highlights of Q1 Results
- Revenue up 23.42% to Rs 2,154.94 crore versus Rs 1,746.00 crore.
- Net profit up 142% to Rs 23.32 crore versus Rs 9.64 crore.
- Ebitda up 46.52% to Rs 140.68 crore versus Rs 96.01 crore.
- Margin up 102 bps at 6.52% versus 5.49%.
Analysts’ Views and Target Prices
FSN E-Commerce management expressed confidence to break even in the current financial year. Citi Research and Jefferies raised their target prices following the good set of numbers for the first quarter. Nykaa is able to keep the momentum in its beauty and personal care segment while it saw revenue growth in the fashion segment, which convinced analysts to retain their views on the stock.
Out of 26 analysts tracking the company, 13 maintain a ‘buy’ rating, four recommend a ‘hold’, and nine suggest ‘sell’, according to Bloomberg data. The average 12-month consensus price target implies a downside of 0.1%.
Share Price Performance
FSN E-Commerce share price advanced 5.55% to Rs 216 apiece, the highest level since July 24. It was trading 2.96% higher at Rs 210.79 apiece as of 9:35 a.m., as compared to 0.29% advance in the NSE Nifty 50 index.
The stock advanced 12.67% in 12 months, and 29% on a year-to-date basis. Total traded volume so far in the day stood at 1.8 times its 30-day average. The relative strength index was at 52.42.
Indian Stock Market Outlook
The Indian stock market has been volatile in recent times, with the NSE Nifty 50 index trading near its all-time highs. The market is expected to remain cautious ahead of the upcoming earnings season, with investors closely watching the performance of major companies like Nykaa.
Investors can learn more about investing in the Indian stock market and stay up-to-date with the latest news and analysis on our website.
Conclusion
In conclusion, Nykaa’s strong Q1 results have led to a surge in its share price, with the company’s net profit more than doubling. The company’s ability to maintain momentum in its beauty and personal care segment and grow revenue in the fashion segment has convinced analysts to retain their positive views on the stock.
Investors can stay ahead with the latest stock market news and updates on our website, and get expert investing tips to make informed decisions.