‹ StopDownNykaa

Nykaa

Online and in-store retailer of beauty and fashion products in India

MumbaiFounded 2012Beauty and fashion retailListedWebsite ↗X ↗
₹10,022 CrRevenue, FY26Up 26%
₹204 CrNet profit, FY26Up about 182%
₹80 CrNet profit, Q1 FY27Up about 233%
324Offline storesJune 2026
$5BGMV target for FY30Set at investor day
◎The short version9 key points
  • Nykaa sells beauty, personal care and fashion products online and through its own stores in India.Indian Startup NewsInc42
  • Falguni Nayar started the company in 2012 and now serves as its Executive Chairperson and CEO.startuptalkyIndian Startup News
  • For the year to March 2026, revenue crossed ₹10,000 crore and net profit grew to about ₹204 crore.Indian Startup NewsInc42
  • In the April to June 2026 quarter, profit was about ₹80 crore on revenue of ₹2,782 crore, and the fashion arm made an operating profit for the first time.Inc42
  • Management wants gross merchandise value above $5 billion by FY30 and expects owned brands to pass ₹5,000 crore in net sales.Inc42CNBC TV18
  • It has been buying into skincare brands: a 51% stake in Aminu for up to ₹32 crore, and talks over Deepika Padukone's 82°E.Inc42Entrackr
  • It took over Nike's India online store from February 2026 and hired Ankit Jain to run its quick delivery unit, Nykaa Now.Inc42Indian Startup Times
  • Zee has taken Nykaa to the Delhi High Court over music used in Instagram reels, seeking ₹2 crore.Inc42Inc42
  • In September 2026 it teamed up with L'Oréal's venture fund BOLD to back young beauty brands.CNBCTV18
↗Timeline16 events
2026
Jan 2026

Takes over running Nike's India online store from February

Inc42
Feb 2026

Q3 FY26: net profit ₹68 crore, revenue ₹2,873 crore

News18
Apr 2026

Confirms talks to buy a majority stake in 82°E

Entrackrstartuptalky
Apr 2026

Ends FY26 with 313 stores

Inc42
May 2026

Zee sues over music in 12 Instagram reels

Inc42
May 2026

Asks court to add Meta to the Zee case

Inc42
May 2026

Q4 FY26: net profit ₹78.8 crore, revenue ₹2,648.2 crore

Indian Startup News
May 2026

Board approves buying a further 24.17% of Earth Rhythm for ₹9.4 crore

Indian Startup News
Jun 2026

Shares rise 6% to ₹298.10

Inc42
Jun 2026

Investor day sets FY30 targets

Inc42
Jul 2026

Names Ankit Jain head of Nykaa Now

Indian Startup Times
Aug 2026

Q1 FY27: net profit about ₹80 crore, revenue ₹2,782 crore

Inc42
Aug 2026

Board approves 51% stake in Aminu for up to ₹32 crore

Inc42
Aug 2026

Third Best in Beauty awards held

India Gazette
Sep 2026

Partners with L'Oréal's BOLD fund

CNBCTV18
Oct 2026

Nykaa Fashion starts zero-commission brand accelerator

Business Standard
⇄Deals and partnerships5 items
Jan 2026Nike India online store

Runs Nike's India ecommerce as local service partner

UndisclosedInc42
Apr 202682°E

Talks to buy a majority of Deepika Padukone's skincare brand

UndisclosedEntrackrstartuptalky
May 2026Earth Rhythm

A further 24.17% stake, making it wholly owned

₹9.4 croreIndian Startup News
Aug 2026Aminu

51% of a premium skincare brand

Up to ₹32 croreInc42
Sep 2026BOLD (L'Oréal)

Joint minority investments in young beauty brands

UndisclosedCNBCTV18
▣Products5 items
Beauty

The main business. It brought in about 91% of Q4 FY26 revenue.

Indian Startup News
Nykaa Fashion

Clothing and lifestyle arm, with revenue of ₹252.6 crore in Q1 FY27.

Inc42
Nykaa Now

Delivery of beauty items in 30 to 60 minutes, in 13 cities.

Indian Startup TimesInc42
Superstore by Nykaa

Wholesale platform for retailers.

Indian Startup NewsInc42
House of Nykaa

Its own brands, including Dot & Key, Kay Beauty and Nykaa Cosmetics.

Inc42Entrackr
●People4 people
Falguni Nayar

Founder, Executive Chairperson and CEO. Former Kotak Mahindra executive and IIM Ahmedabad alumna.

Inc42Indian Startup News
Adwaita Nayar

Co-founder, leads Nykaa Fashion.

Inc42India Gazette
Anchit Nayar

Co-founder, Executive Director and CEO of Nykaa Beauty.

Indian Startup TimesIndia Gazette
Ankit Jain

Head of Nykaa Now. Joined from Instamart, where he was COO.

Indian Startup Times
§Licences and legal1 items
May 2026

Zee sued Nykaa in the Delhi High Court over music in Instagram reels. Nykaa says the links are down and wants Meta added. Next hearing was set for 26 May.

Inc42Inc42

Every line links to the article it came from, written in our own words. Not investment advice.