Nykaa revenue, valuation and funding
Nykaa reported revenue of ₹10,022.4 crore in FY26 (the year to March 2026), against ₹7,950 crore in FY25, with a net profit of ₹203.9 crore, per filings and statements as reported.
| Revenue (FY26) | ₹10,022.4 crore |
|---|---|
| Revenue (FY25) | ₹7,950 crore |
| Net profit (FY26) | ₹203.9 crore |
| Net profit (FY25) | ₹72 crore |
Figures from filings and statements as reported; the table below carries each year with its source.
Nykaa key facts
- What it doesBeauty and fashion e-commerce Story
- Founded2012
- HeadquartersMumbai
- Last roundRs 100 crore, Private equity, on 31 March 2020 Story
- StatusListed
₹10,022 croreRevenue, FY26Up 26%
₹204 croreNet profit, FY26Up about 182%
₹80 croreNet profit, Q1 FY27Up about 233%
324Offline storesJune 2026
$5 billionGMV target for FY30Set at investor day
Nykaa revenue and profit by year
| Year | Revenue | Profit or loss | Expenses | Note | Source |
|---|---|---|---|---|---|
| FY26 | ₹10,022.4 crore | ₹203.9 crore | consolidated, revenue from operations and net profit; FSN E-Commerce Ventures | Free Press Journal | |
| FY25 | ₹7,950 crore | ₹72 crore | consolidated, revenue from operations and net profit; FSN E-Commerce Ventures | Entrepreneur India |
As reported for each financial year; where sources disagree the figure is left out rather than picked.
Timeline
- 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
The short version
- 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
Deals and partnerships
| When | With | What | Price | Source |
|---|---|---|---|---|
| Jan 2026 | NINike India online store | Runs Nike's India ecommerce as local service partner | Undisclosed | Inc42 |
| Apr 2026 | 8E82°E | Talks to buy a majority of Deepika Padukone's skincare brand | Undisclosed | Entrackrstartuptalky |
| May 2026 | EREarth Rhythm | A further 24.17% stake, making it wholly owned | ₹9.4 crore | Indian Startup News |
| Aug 2026 | AMAminu | 51% of a premium skincare brand | Up to ₹32 crore | Inc42 |
| Sep 2026 | BLBOLD (L'Oréal) | Joint minority investments in young beauty brands | Undisclosed | CNBCTV18 |
Products
- 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
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 legal
Questions people ask about Nykaa
What is Nykaa's revenue?
Nykaa's parent FSN E-Commerce Ventures reported consolidated revenue from operations of about ₹10,022 crore in FY26, up 26%. A year earlier, in FY25, it was about ₹7,950 crore. Beauty is the larger part of the business, with fashion, quick delivery and wholesale alongside it. Free Press JournalEntrepreneur IndiaIndian Startup News
Is Nykaa profitable?
Yes. Nykaa made a consolidated net profit of about ₹203.9 crore in FY26, against about ₹72 crore in FY25. The April to June 2026 quarter added about ₹80 crore on revenue of ₹2,782 crore. Free Press JournalEntrepreneur IndiaInc42
Who founded Nykaa?
Falguni Nayar started Nykaa in 2012 in Mumbai after a career at Kotak Mahindra. She is its Executive Chairperson and CEO. Adwaita Nayar leads Nykaa Fashion and Anchit Nayar leads Nykaa Beauty. Inc42India GazetteIndian Startup Times
Every line links to the article it came from, written in our own words. Not investment advice. Profile updated 2026-11-08.
Stories cover its results, launch, partnership, milestone and award news. Sectors: Commerce & Consumer Brands. Stages: Public, Q1 FY27, Talks and Q3 FY26. Based in Mumbai. Stories run from 31 March 2020 to 4 November 2026.
The founders
Who put in money
BOLD (Business Opportunities for L’Oréal Development)UndefinedFaering CapitalSharrp VenturesSteadview CapitalTVS Capital Funds
Head to head: Nykaa vs Myntra →
Every story on Nykaa
- NYNykaa · Results · 4 November 2026Nykaa Q2 profit triples to Rs 101 croreNykaa is an online beauty and fashion platform, with beauty making up the bulk of what it sells to shoppers
- NYNykaa · Results · 4 October 2026Nykaa expects late-twenties revenue growth in Q2Nykaa, run by FSN E-Commerce Ventures, is a listed Indian retailer selling beauty and fashion products online and through its own stores
- NYNykaa · Launch · 1 October 2026Nykaa Fashion launches zero-commission brand acceleratorNykaa is an online retailer of beauty and fashion, and Nykaa Fashion is its clothing and lifestyle arm
- NYNykaa · Partnership · 24 September 2026Nykaa and L’Oréal’s BOLD partner to back Indian beauty startupsNykaa operates a digital-first retail network across India offering beauty, personal care, wellness, and fashion products to millions of consumers
- NYNykaa · Launch · 23 September 2026Nykaa brings luxury haircare brand Oribe to IndiaOribe, the luxury haircare brand of stylist Oribe Canales and Daniel Kaner, enters India exclusively through Nykaa
- NYNykaa · Results · 13 September 2026Nykaa posts strong Q1 and FY26 resultsNykaa sells cosmetics, beauty products and fashion online in India
- NYNykaa · Milestone · 12 September 2026Nykaa outlines long-term growth targets for fiscal 2030Nykaa operates an omnichannel retail platform for beauty, personal care, and fashion products across India
- NYNykaa · Award · 8 August 2026Nykaa hosts third annual Best in Beauty awardsNykaa hosts its third annual Best in Beauty Awards celebrating top beauty brands and products across India
- NYNykaa · Results · 4 August 2026Nykaa Q1 FY27 profit triples to Rs 80 croreNykaa's consolidated profit for April to June 2026 was Rs 79.7 crore, against Rs 24.4 crore in the same quarter last year
- NYNykaa · Acquisition · 4 August 2026 · ₹32 CrNykaa acquires 51% stake in Aminu for ₹32 croreAminu retails premium skincare products like serums, cleansers and sunscreens
- NYNykaa · People · 28 July 2026Nykaa hires ex-Instamart executive for quick deliveryNykaa named Ankit Jain, former chief operating officer at Swiggy Instamart, to lead its 30-minute delivery service Nykaa Now
- NYNykaa · Results · 6 July 2026Nykaa projects 30% revenue growth for Q1 FY27Nykaa expects consolidated net revenue to grow about 30% year-on-year in Q1 FY27
- NYNykaa · Milestone · 29 June 2026Nykaa sets $5 billion GMV target for FY30Nykaa is an online beauty retailer that has evolved into a beauty and lifestyle platform
- NYNykaa · Results · 18 June 2026Nykaa shares rise 6% as FY30 targets setNykaa shares rose 6% to ₹298.10 on BSE on 18 Jun 2026
- NYNykaa · Partnership · 17 June 2026Nykaa partners OpenAI for ChatGPT shoppingNykaa announced a multi-year agreement to let people find and buy products from its catalogue inside ChatGPT
- NYNykaa · Results · 21 May 2026 · ₹78.8 CrNykaa Q4 net profit quadruples, revenue up 28%Nykaa is an online beauty and fashion platform based in Mumbai
- NYNykaa · Policy · 20 May 2026 · $210KNykaa seeks Meta's addition in Zee copyright caseZee sued Nykaa for using copyrighted songs in Instagram reels without authorization, seeking $210K in damages
- NYNykaa · Legal · 5 May 2026 · ₹2 croreZee sues Nykaa over music in Instagram reelsNykaa sells beauty, personal care and fashion products online in India
- NYNykaa · Acquisition · 7 April 2026Nykaa confirms talks to buy 82°ENykaa told the stock exchange it is negotiating to buy a majority stake in actress Deepika Padukone's skincare brand 82°E
- NYNykaa · Stake sale · 7 April 2026Nykaa in talks to acquire a stake in skincare brand 82°EFSN E-Commerce Ventures Limited, the parent entity of beauty retailer Nykaa, is currently holding discussions to acquire a stake in skincare brand 82°E
- NYNykaa · Results · 6 April 2026Nykaa posts strong Q4 growth, eyes 82°E dealQ4 FY26 net revenue growth in late twenties, highest in past 12 quarters; full-year growth at upper end of mid-twenties
- NYNykaa · Partnership · 13 February 2026Nykaa takes over Kiehl's India operationsNykaa signed an exclusive deal with L'Oréal Luxe India to run Kiehl's business in the country from end to end
- NYNykaa · Results · 5 February 2026Nykaa Q3 FY26 profit more than doublesNykaa's consolidated profit for October to December 2025 was Rs 67.74 crore, against Rs 26.41 crore a year earlier
- NYNykaa · Partnership · 30 January 2026Nykaa takes over Nike's India ecommerce operationsNykaa is an online retailer of beauty and fashion products
- NYNykaa · Results · 5 January 2026Nykaa forecasts Q3 FY26 revenue growth in upper mid-twentiesNykaa forecasted Q3 FY26 revenue growth in the upper mid-twenties and GMV/NSV growth in the late twenties year-on-year
- NYNykaa · Results · 14 August 2024Nykaa Q1 FY25 profit rises to Rs 13.6 croreNykaa reported consolidated profit of Rs 13.64 crore for April to June 2024, against Rs 5.42 crore a year earlier
- NYNykaa · IPO · 10 November 2021 · Rs 5,352 croreNykaa lists on stock exchanges with 80% gainNykaa shares debuted on 10 November 2021 at Rs 2,018, about 80% above the issue price of Rs 1,125
- NYNykaa · IPO · 28 October 2021 · Rs 2,396 croreNykaa raises Rs 2,396 crore from anchor investorsNykaa allotted about 21.3 million shares to large institutional buyers at Rs 1,125 each before its public offer opened
- NYNykaa · Acquisition · 1 October 2021Nykaa buys skincare brand Dot & KeyNykaa took over Kolkata-based skincare brand Dot & Key just days before its public share offer opened, without stating the price
- NYNykaa · IPO · 3 August 2021 · Rs 525 croreNykaa files draft IPO papers with SebiNykaa submitted its draft offer papers to the market regulator, planning to raise Rs 525 crore by issuing fresh shares
- NYNykaa · Funding · 31 March 2020 · Rs 100 croreNykaa raises Rs 100 crore from SteadviewBeauty and lifestyle retailer Nykaa announced a fresh Rs 100 crore investment from Steadview Capital, its existing main backer, on 31 March 2020
Read next on Nykaa
Head to headNykaa vs MyntraRevenue, profit, valuation and funding, side by sideCommerce & Consumer BrandsCommerce & Consumer Brands startups in India 2026Funding, the biggest rounds and the most active investors this yearResultsNykaa Q2 profit triples to Rs 101 croreNykaa is an online beauty and fashion platform, with beauty making up the bulk of what it sells to shoppers
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