Nykaa's parent FSN E-Commerce posts strongest growth in 12 quarters in Q4 FY26Nykaa's parent FSN E-Commerce posts strongest growth in 12 quarters in Q4 FY26

Introduction

Leading beauty and fashion retailer reports Q4 FY2026 growth. GMV in late twenties. NSV in thirties. Net revenue in late twenties. Driven by strong segment performance.

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Share price movement of FSN E-Commerce

On April 06, 2026, FSN E-Commerce Ventures Ltd opened at ₹246.50, up 0.22% from its previous close of ₹245.95. The stock reached a high of ₹255.50 (3.88%) and a low of ₹243.30. By 10:49 AM, it traded at ₹252.75, a 2.76% increase, with a market cap of ₹72,368.07 crore.

Nykaa Q4 Growth Accelerates

FSN E-Commerce Ventures Limited reported Q4 FY2026 consolidated GMV growth in late twenties, NSV in early thirties, and net revenue in late twenties, marking highest growth in 12 quarters.

Full year FY2026 NSV growth is expected in late twenties, improving from mid-twenties earlier, while net revenue is projected at upper end of mid-twenties with consistent performance across beauty and fashion segments.

Beauty vertical delivered late twenties growth with improved GMV to NSV conversion, while fashion showed revival with GMV late twenties, NSV early forties, supported by customer growth, brand additions, and 26 new stores.

Stock performance of FSN E-Commerce for period of 1 week, 6 months, and 1 year

FSN E-Commerce Ventures Ltd delivered a 1-week return of 4.67%, a 6-month return of -4.44%, and a 1-year return of 39.1%.

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Shareholding pattern of FSN E-Commerce

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	52.10%	52.10%	52.10%
FII	12.20%	12.50%	11.60%
DII	25.40%	25.00%	23.60%
Public	10.40%	10.40%	12.60%

About FSN E-Commerce

FSN E-Commerce Ventures Limited (NSE: NYKAA) is a consumer tech platform founded in 2012. It operates beauty, fashion, B2B businesses and has expanded into Middle East markets.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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