Nykaa's stock jumps 5% post-earnings; brokerages maintain bullish stance
Nykaa's stock jumped 5.4% to ₹215.95 on Wednesday, right after the company reported a sharp 79% rise in net profit for April-June 2025, reaching ₹24cr.
The upbeat numbers have caught investors' attention and sparked fresh optimism around the brand.
Nykaa's Q1FY26 numbers show strong growth
Nykaa isn't just growing—it's thriving even in a tough market.
Revenue climbed 23% to ₹2,155cr, and gross merchandise value (GMV) rose 26% to ₹4,182cr.
The Beauty & Personal Care segment led the charge with strong sales, while losses in Fashion narrowed and Nykaa's user base hit 45 million.
Brokerages remain positive on Nykaa
Brokerages like Nuvama and JM Financial are still bullish on Nykaa, keeping their 'Buy' ratings with target prices of ₹235 and ₹260—suggesting there could be more upside ahead.
They're especially positive about Nykaa's steady growth and improving margins as it keeps expanding across categories.