NYKAA2023-01-012023-03-31 NYKAA2023-01-012023-03-31 NYKAA2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member NYKAA2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member NYKAA2023-03-31 NYKAA2023-01-012023-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member NYKAA2023-01-012023-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member NYKAA2023-01-012023-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member NYKAA2023-01-012023-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543384 NYKAA NOTLISTED FSN E Commerce Ventures Limited Equity 2022-04-01 2023-03-31 2023-05-24 2023-05-12 INR Millions Yearly 13:25:00 18:00:00 2023-05-24 2023-05-24 true Cash Flow Indirect Declaration of unmodified opinion Single segment Omnichannel 2023-01-01 2023-03-31 Audited Consolidated 13017240000.00 97380000.00 13114620000.00 972770000.00 6017460000.00 268690000.00 1273310000.00 187610000.00 530420000.00 3778070000.00 13028330000.00 86290000.00 0.00 86290000.00 260960000.00 -217420000.00 43540000.00 0.00 42750000.00 0.00 0.00 0.00 -20000000.00 22750000.00 -2840000.00 19910000.00 24110000.00 -1360000.00 21370000.00 -1460000.00 2852450000.00 1 0.01 0.01 0.00 0.00 0.01 0.01 1. The above audited Consolidated Financial Results of the Company for the quarter and year ended Mar 31, 2023 have been prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ('Ind AS ) as prescribed under section 133 of the Companies Act 2013, as amended, read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. These audited Consolidated Financial Results, as reviewed by the Audit Committee of the Board, were approved and taken on record by the Board of Directors at their meeting held on May 24, 2023. 2. The Group is engaged in the business of selling beauty, personal care, fashion products and other related products and services through various platforms and the Group’s Chief Operating Decision Makers (CODM) review and allocate resources based on Omni business and Omni channel strategy, which in the terms of Ind AS 108 on ‘Operating Segments’ constitutes a single reporting segment. Hence, no separate disclosure is required for segments. 3. On May 04, 2022, the Company had acquired 18.51% stake in Earth Rhythm Private Limited (Earth Rhythm) for a consideration of Rs. 416.50 million. Accordingly, effective such date Earth Rhythm has become an associate of the Company and the same has been accounted as per equity method of accounting in the consolidated financial results in accordance with Ind AS 28 ‘Investment in associates and joint ventures’. The Company has completed the Purchase Price Allocation (PPA) in accordance with Ind AS 103 Business Combinations. The excess of the purchase price over the fair value of the net assets acquired was allocated to the group’s share in Brand amounting to Rs. 161.15 million and Goodwill amounting to Rs 162.22 million. Amortisation expense of brand amounting to Rs. 9.77 million has been considered non-deductible expense for tax purposes. 4. On September 09, 2022, the Company acquired 100% stake in Iluminar Media Private Limited (LBB) for a consideration of Rs. 292.75 million. Accordingly, effective such date LBB has become a wholly owned subsidiary of the Company. The Company is in the process of completing the Purchase Price Allocation (PPA) in accordance with Ind AS 103 Business Combinations. Accordingly, as on the acquisition date, it has provisionally recognized the carrying amount of assets and liabilities of the subsidiary, and the excess of purchase consideration over net assets acquired amounting to Rs. 312.06 million has been allocated to certain intangibles of Rs. 176.89 million and goodwill of Rs. 135.17 million on provisional basis. 5. The Board of Directors of the Company at its meeting held on October 06, 2022 entered into Share Purchase cum Shareholders’ Agreement (“Agreement”) by FSN International Private Limited, a wholly owned subsidiary of the Company (hereinafter referred to as “FSN International”) with Apparel Group, a global fashion and lifestyle retail conglomerate headquartered in the United Arab Emirates (UAE) (hereinafter referred to as “Apparel”) for undertaking an omni-channel, multi branded beauty retail operation business in the countries that are part of the Gulf Cooperation Council (GCC) through an entity incorporated in Abu Dhabi Global Market in which FSN International holds 55% stake and balance 45% is held by Apparel as on the Closing Date, in accordance with the terms of the Agreement. On February 08, 2023, FSN International has remitted an amount of USD 5,500 to acquire 5,500 shares (55% stake) in the Company at face value. The share transfer process was completed on Mar 02, 2023 pursuant to which Nessa International Holdings Limited became a subsidiary effective such date Single segment 2022-04-01 2023-03-31 Audited Consolidated 51438000000.00 302130000.00 51740130000.00 1594330000.00 28479910000.00 -1417430000.00 4917170000.00 746050000.00 1732560000.00 15303590000.00 51356180000.00 383950000.00 0.00 383950000.00 861110000.00 -725370000.00 135740000.00 0.00 248210000.00 0.00 0.00 0.00 -38600000.00 209610000.00 1570000.00 211180000.00 192620000.00 16990000.00 194150000.00 17030000.00 2852450000.00 1 0.00 0.07 0.07 0.00 0.00 0.07 0.07 Other Expenses 3778070000.00 Other Expenses 15303590000.00 141450000.00 5432670000.00 20220000.00 0.00 610650000.00 944850000.00 288560000.00 0.00 377900000.00 3300000.00 0.00 0.00 434500000.00 437800000.00 1877730000.00 453420000.00 10443800000.00 10051400000.00 0.00 1635310000.00 413760000.00 1073640000.00 0.00 2644860000.00 5767570000.00 0.00 3237010000.00 19055980000.00 0.00 0.00 29499780000.00 2852450000.00 10927650000.00 13780100000.00 13921550000.00 3610000.00 0.00 3506880000.00 3510490000.00 92650000.00 0.00 0.00 0.00 3603140000.00 4600010000.00 2653890000.00 3951240000.00 11205140000.00 656090000.00 113860000.00 0.00 0.00 11975090000.00 0.00 0.00 15578230000.00 29499780000.00 11.The Board of Directors at its meeting held on October 03, 2022 approved issue of bonus shares, in proportion of 5:1, i.e., 5 (five) bonus equity shares of Re 1 each for every 1 (one) fully paid-up equity share held as on the record date. Subsequently, pursuant to the approval by the Members of the Company on November 02, 2022 through Postal Ballot, the Company allotted 237,35,63,075 equity shares of Re 1/- each as fully paid-up bonus equity shares on November 12, 2022 to the eligible equity shareholders. Consequent to the bonus issue, the total paid up share capital of the Company increased from Rs. 474.71 million to Rs. 2,848.28 million. Earnings Per Share for all periods presented have been adjusted accordingly. Also, the Board of Directors approved reclassification of Authorized Share Capital of the Company from Rs. 3,250 million comprising of 275,00,00,000 (Two Hundred and Seventy-Five Crores) equity shares of Re 1 each and 50,00,00,000 (Fifty Crores) preference shares of Re 1 each, to Rs. 3,250 million comprising of 325,00,00,000 (Three Hundred and Twenty-Five Crores) Equity Shares of Re 1/- (Rupee One) and the same was approved by Members of the Company on November 02, 2022 through Postal Ballot. 12.The consolidated results for the quarter ended March 31, 2023 and March 31, 2022 are balancing figures between audited results for the full financial year and the published year to date figures upto the third quarter of the respective financial years which were subjected to limited review by statutory auditors. 13.Previous period figures have been regrouped wherever found necessary, to conform to the current period classification. 746050000.00 -1295190000.00 -718840000.00 0.00 -1213210000.00 -67700000.00 -223020000.00 -91440000.00 0.00 -987060000.00 0.00 250560000.00 0.00 1732540000.00 0.00 16890000.00 -56240000.00 1094880000.00 0.00 -3110000.00 0.00 218590000.00 93960000.00 0.00 0.00 0.00 0.00 104200000.00 0.00 -835320000.00 -451370000.00 0.00 0.00 0.00 951050000.00 0.00 -1402420000.00 0.00 285920000.00 0.00 416500000.00 0.00 0.00 0.00 0.00 0.00 2081610000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 180940000.00 0.00 3998860000.00 0.00 1395770000.00 0.00 0.00 288360000.00 0.00 0.00 0.00 0.00 0.00 1268800000.00 5610000.00 348580000.00 820070000.00 0.00 334210000.00 0.00 0.00 48690000.00 42040000.00 0.00 42040000.00 371720000.00 413760000.00 Remeasurements of defined benefit liability -4060000.00 Remeasurements of defined benefit liability 770000.00 -4060000.00 770000.00 -950000.00 -150000.00 Exchange differences in translating the financial statements of foreign operations, net 270000.00 Exchange differences in translating the financial statements of foreign operations, net 650000.00 270000.00 650000.00 0.00 0.00