Press Release

FSN E-Commerce Ventures Limited November 04, 2026 National Stock Exchange of India Limited BSE Limited Symbol: NYKAA Scrip Code: 543384 Dear Sir / Madam, Subject: Press Release We are enclosing herewith the following Press Release being issued by the Company regarding: i. Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026; and ii. Nykaa Accelerates Premium Cosmetics Play, Acquiring Majority Stake in Professional Makeup Brand Simply Nam Beauty Private Limited (“ Simply Nam”) This intimation is being submitted pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. We request you to take the above information on records. Thanking You, Yours faithfully, For FSN E-Commerce Ventures Limited Dr. Chetan Sharma Company Secretary & Compliance Officer Encl. As Above Registered Office: 104 Vasan Udyog Bhavan | Sun Mill Compound | S. B. Marg | Tulsi Pipe Road | Lower Parel (W) | Mumbai – 400013 Website: www.nykaa.com | Phone: +91 22 6838 9616 | Email – nykaacompanysecretary@nykaa.com CIN: L52600MH2012PLC230136 FSN E-Commerce Ventures Limited FSN E-Commerce Ventures Limited Quarter ended September 30, 2026 – Media Press Release Nykaa delivers strong Q2 FY2027 performance; consolidated Net revenue up 28% YoY, PAT up 207% YoY FSN E-Commerce Ventures Limited (referred to as “Nykaa” or the “Company”), today announced its financial results for the quarter ended September 30, 2026 Q2 FY2027 FINANCIAL HIGHLIGHTS SUMMARY: • Consolidated GMV grew 30% YoY to Rs. 6,151 Cr • Revenue from Operations grew 28% YoY to Rs. 3,006 Cr • Gross Profit grew 31% YoY to Rs. 1,382 Cr • EBITDA grew 65% YoY to Rs. 263 Cr • EBITDA margins expanded to 8.7% in Q2 FY2027 vs 6.8% in Q2 FY2026 • Profit Before Tax (PBT) was Rs. 149 Cr, up 168% YoY • Net Profit (PAT) was Rs. 101 Cr, up 207% YoY BUSINESS SUMMARY: Beauty saw strong momentum on the back of accelerated customer acquisition and premiumization of existing customers, and 330+ brands were launched in the past year. House of Nykaa continues to outperform supported by strong innovation, and Nykaa is excited about welcoming Simply Nam, a specialized, premium, professional grade colour cosmetics brand founded by celebrity makeup artist Namrata Soni to the portfolio. The fourth edition of Nykaaland once again brought together the beauty community in an immersive, experiential format with over 30,000 attendees. The Superstore business demonstrated how productivity can be improved to build the right foundation for future growth. Fashion also delivered a strong quarter, with the launch of Nykaa LUXE, a curated shop-in-shop bringing together homegrown and international luxury labels. Landmark launches, including the exclusive introduction of COS, further strengthened Nykaa’s premium fashion proposition. Speaking on this quarter’s results, Falguni Nayar, Executive Chairperson, Founder and CEO of Nykaa, said, “Our performance this quarter reflects the strength of the Nykaa ecosystem, with each of our businesses contributing to growth and productivity gains. We continued to improve operational efficiency, particularly across marketing and overheads. Beauty and Fashion are seeing accelerated growth, while House of Nykaa and Wellness offer significant runway for long-term growth. We remain focused on building differentiated businesses that serve our consumers and deliver sustainable growth over the long term.” BUSINESS HIGHLIGHTS: BEAUTY: • Nykaa’s Beauty vertical GMV for Q2 FY2027 stood at Rs. 4,454 Cr. This includes performance across businesses of e-commerce, retail stores, eB2B distribution and the House of Nykaa Beauty portfolio. NSV growth came in at 28% YoY this quarter with EBITDA up 51% YoY. Beauty Multi-brand Retail: • Nykaa’s brand launch engine remains robust as it accelerates bringing in globally trending brands to Indian consumers. This year, it launched over 330 brands across global, national & emerging beauty brands, further strengthening its portfolio, latest among which include Yves Rocher, Oribe, Mamonde, MEDIHEAL, &honey, and Purito Seoul, among others. These partnerships from multiple regions like France, Japan, Korea, USA as well as emerging Indian brands highlight Nykaa’s role in bringing globally bestselling and trending brands for the Indian consumer. • Nykaa’s fourth edition of Nykaaland, India’s largest immersive beauty festival, further brought together beauty enthusiasts, leading international and homegrown brands, celebrities and industry experts. Across all four editions, the festival has welcomed 100,000+ beauty enthusiasts, featured 50+ masterclasses led by renowned international and Indian beauty artists, and brought together 1,500+ celebrities, creators and KOLs, alongside 150+ international and homegrown brands. Nykaaland has evolved into a flagship IP that deepens consumer engagement, enables meaningful brand connections and strengthens Nykaa’s role in shaping India’s beauty community. • NYKAA NOW has expanded to 15 cities, with plans to reach 25+ cities by the end of FY2027, bringing delight, speed and convenience to beauty shoppers across India. Delivering India’s largest beauty, personal care and wellness assortment within 30-60 minutes, Nykaa Now offers over 1,000 marquee brands and more than 2X the BPC SKU depth of quick commerce. Its curated premium and luxe offerings are resonating with consumers, driving an AOV 3X that of the BPC category on quick commerce and a 15% higher FOP compared to the Nykaa platform. • As India's largest beauty specialty retail network, the company expanded its beauty retail footprint to 338 stores (+14 new stores in Q2) across 111 cities (+6 cities in Q2), with total retail space increasing +26% YoY to 3.4 lakh+ sq. ft. This is across multiple innovative retail formats, including 253 MBOs which are curated multi-brand destinations, 69 House of Nykaa owned brand outlets, and 16 exclusive brand experiential formats. Nykaa’s retail growth engine strengthens as scale, productivity and customer traction converge. HOUSE OF NYKAA (Beauty & Fashion): • House of Nykaa continued to scale rapidly during the quarter, achieving an annualized GMV run rate of Rs. 4,000 Cr+, and Rs. 2,300 Cr+ annualized NSV for Q2 FY2027, a 36% YoY NSV growth. The portfolio has served over 19 million customers to date, underscoring strong consumer affinity and sustained adoption. • House of Nykaa continued to build consumer relevance and unlock new growth opportunities via innovation across products, packaging and formulations. Dot & Key launched eight new shades of its Tinted Sunscreen in fun, fresh packaging, alongside the Dragon Fruit Jelly Bounce Moisturizer, offering lightweight hydration for oily and combination skin. Kay Beauty expanded into skincare this quarter, while marking its first anniversary in the UK through its presence across Space NK and TikTok Shop. Nykaa Cosmetics collaborated with Gen Z celebrity icon Sara Tendulkar and landed stellar lipstick launches, strengthening its position as a trend-led beauty brand. • The quarter also saw recognition of the immense consumer love received by Nykaa’s owned brands. Nykaa Cosmetics’ Matte to Last Lipstick won Best Lipstick Category at the Grazia Indie Awards, while Kay Beauty’s Lash Maximizer Mascara was recognised as Best Mascara at the same awards. Kay Beauty also received the Reader’s Choice award for its Soft Matte Full Coverage Concealer at the Vogue Beauty & Wellness Honours, and its Hydra Glow Tinted Sunscreen SPF 40 PA++ was named Best Base Product at the ELLE Beauty Awards. BEAUTY EB2B: SUPERSTORE BY NYKAA: • Superstore by Nykaa continued to scale, with GMV reaching Rs. 328 Cr, supported by an expanding retailer network and wider geographic reach. Its registered retailer base grew 27% YoY to over 550k+, making it one of India's fastest-growing beauty retail distribution platforms. This growth was ach [Showing first 8,000 characters — download PDF for full document]