Nykaa Continues Its Rally, Touches Fresh 52-Week High

SUMMARY

Shares of Nykaa touched a fresh 52-week high at INR 233 during the intraday trading today, settling at INR 229.35 by the day end

The company’s shares have zoomed about 12% since the company disclosed its Q1 financials on August 12

During Nykaa's 13th AGM today, CEO Falguni Nayar said that the company outpaced the growth of the Indian ecommerce market over the past five years

Continuing the rally since Nykaa declared its Q1 FY26 numbers, shares of the company touched a fresh 52-week high at INR 233 during the intraday trading today.

The stock gave up some of the gains to settle at INR 229.35. This was still almost 2% higher from the previous close.

The company’s shares have zoomed about 12% since the company disclosed its Q1 financials on August 12.

The BPC major’s consolidated net profit zoomed nearly 80% YoY to INR 24.5 Cr during the quarter, while its revenue jumped 23% YoY to INR 2,154.9 Cr.

The rally today came on the day the company held its 13th annual general meeting (AGM).

“Nykaa is well positioned for success as we are operating in this high growth environment where BPC and fashion are the fastest-growing categories in discretionary consumption,” founder Falguni Nayar said.

In FY25, Nykaa’s profit surged 82% to INR 72.1 Cr from INR 39.7 Cr in the previous fiscal year. Operating revenue grew 25% YoY to INR 7,949.8 Cr.

Calling FY25 a milestone year for the company, Nayar said that the company outpaced the growth of the Indian ecommerce market over the past five years, growing its GMV at a CAGR of 25% as compared to the industry average of 20%.

Towards the end of FY25, Nykaa officially entered the quick commerce segment with ‘Nykaa Now’. Under it, the company is delivering its beauty products in 30 to 120 minutes across its top 7 cities. Nayar said that Nykaa has made 1.3 Mn deliveries till date under the offering.

“We have built a comprehensive ecosystem, and it will continue to drive our growth in the years to come,” she added.

Nayar also unveiled the company’s next initiative, AI stylist Nykaa Muse. “Through our understanding of the consumer as well as ability to read between the lines of every customer query, Nykaa Muse can drive inspiration for every occasion in our consumer’s lives,” she said.

Besides, she added that Nykaa has increased its reliance on AI, with an increased share of its codes being written by AI.