Investor presentation for Analyst / Institutional Investors Call

Investor Presentation - Q4FY26 and FY26 - Q4FY26 net revenue Rs 2,648 Cr +28% y-y; FY26 net revenue Rs 10,022 Cr +26% y-y - FY26 gross margin improved to 45.1% (+132 bps y-y); EBITDA margin expanded to 7.5% (+155 bps y-y) - PAT surged 183% y-y to Rs 204 Cr in FY26, driven by scale and operating leverage - Beauty segment GMV Rs 14,954 Cr +27% y-y; Fashion GMV Rs 4,954 Cr +30% y-y in FY26 - Retail stores expanded to 313 with 20 new cities added in FY26; strong growth in House of Nykaa brands - Net debt reduced 47% y-y to Rs 329 Cr; ROCE improved to 21.2% in FY26 - Capex Rs 145 Cr in FY26 focused on retail expansion, fulfillment, and technology