Nykaa and Mamaearth Parent Firms Surge as Q4 Profits Jump Over 175%; Brokerages Turn Bullish
मुख्य बातें
- •FSN E-Commerce Ventures (Nykaa’s parent) reported a 286% YoY rise in Q4 FY26 net profit to ₹78 crore; revenue up 28% to ₹2,648 crore
- •Honasa Consumer (Mamaearth’s parent) posted a 177% YoY profit jump to ₹69 crore in Q4 FY26; revenue rose over 23% to ₹657 crore
- •Nykaa shares gained 4% intraday to ₹285.60, closing at ₹277.25; Honasa shares surged 12% intraday to ₹402.80, closing at ₹384.35
- •Analysts highlight strong operational performance but flag valuation concerns, advising patience over momentum chasing
- •Nykaa’s fashion business moving toward breakeven seen as a positive signal; Honasa’s growth driven by revenue and profitability rebound
- •Neither stock offers a clear risk-reward at current levels, according to market expert Harshal Dasani of INVasset PMS
Shares of Nykaa and Mamaearth’s parent companies surged on Friday after both firms reported strong quarterly profit growth, drawing bullish calls from international brokerages. FSN E-Commerce Ventures, the operator of Nykaa, posted a consolidated net profit of ₹78 crore for the March quarter of FY26, a 286% increase from ₹20 crore in the same period last year. Revenue from operations rose 28% year-on-year to ₹2,648 crore, up from ₹2,062 crore in Q4 FY25.
