Nykaa Q3 Results Preview: PAT May Surge Up to 192% YoY Led by BPC Momentum
Agencies FSN E-Commerce, the parent company of Nykaa, is anticipated to deliver impressive results for Q3FY26, primarily driven by robust festive demand. The Beauty and Personal Care (BPC) brand is expected to showcase strong performance throughout the December-ended quarter. Analysts forecast a substantial surge in net profit, potentially rising by up to 192% year-on-year (YoY).
Key Financial Estimates for Nykaa Q3 FY26
– Net Profit After Tax (PAT):
– Elara Capital: ₹60 crore (up 128% YoY and 88% QoQ)
– Nuvama Institutional Equities: ₹64 crore (up 139% YoY and 89% QoQ)
– JM Financial: ₹78 crore (up 192% YoY and 117% QoQ)
– Revenue:
– Elara Capital: ₹2,869 crore (up 27% YoY and 22% QoQ)
– Nuvama Institutional Equities: ₹2,902 crore (up 28% YoY and 24% QoQ)
– JM Financial: ₹2,859 crore (up 26% YoY and 22% QoQ)
– EBITDA:
– Elara Capital: ₹202 crore (up 43% YoY and 27% QoQ)
– Nuvama Institutional Equities: ₹209 crore (up 48% YoY and 31% QoQ)
– JM Financial: ₹215 crore (up 52% YoY and 35% QoQ)
– EBITDA Margin:
– Nuvama predicts an EBITDA margin of 7.2% for Q3FY26, reflecting a decline of 100 basis points YoY and 40 basis points QoQ. Meanwhile, JM Financial anticipates a 130 basis point YoY expansion, showcasing sustained operational leverage.
The high revenue growth suggests that Nykaa’s BPC segment continues to thrive amidst a competitive landscape. The market eagerly awaits the official earnings announcement on February 5.
Conclusion
In summary, Nykaa is on track for a remarkable Q3FY26 performance with expectations of a net profit increase of up to 192% YoY, largely fueled by strong demand in the BPC segment. As festive season momentum drives sales, experts are optimistic about the company’s financial health heading into this quarter. Keep an eye on the upcoming reports, as they will provide further insights into how Nykaa is adapting to market demands and maintaining its position within the beauty and personal care sector.