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Results · Commerce & Consumer Brands

Knya posts triple profit growth on revenue surge

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Date
Company
Knya
What it does
Medical apparel maker for healthcare pros
Kind
Results
Founded
2022
Sector
Commerce & Consumer Brands

What they do

Knya sells medical apparels like scrubs and lab coats to healthcare professionals across India

What happened

The company reported a threefold rise in profit after tax to ₹10 Cr for FY26

Why it matters

Founders plan an IPO within three to five years while expanding stores internationally

The details

  • Knya reported strong FY26 results with operating revenue reaching ₹110 Cr.
  • Profit after tax (net earnings) tripled to ₹10 Cr from ₹3 Cr the previous year.
  • EBITDA (earnings before interest, taxes, depreciation, and amortization) more than tripled to ₹20 Cr.
  • The EBITDA margin improved significantly to 18.2% compared to 10% in FY25.
  • Total expenses rose by 75% to ₹100 Cr alongside the revenue growth.
  • The company serves over 15 lakh medical professionals and 1,000 hospitals nationwide.
  • Revenue is primarily driven by its own website and app accounting for ~85% of sales.
  • Knya remains profitable from day one without needing fresh capital raises near term.

The bigger picture

  • The business achieved profitability immediately upon launch in 2022.
  • Store operations are self-funding expansion efforts into new cities.
  • Recognition on the Inc42 FAST42 list 2025 highlights its rapid growth trajectory.

About the business

  • Knya manufactures medical apparels including scrubs, lab coats, and winter jackets.
  • Products also include performance workwear and essential tools like stethoscopes.
  • The company maintains a catalog of over 700 distinct stock keeping units.
  • It operates more than 30 physical stores in major Indian metropolitan cities.
  • Sales channels include marketplaces like Amazon, Flipkart, Myntra, Blinkit, and Swiggy.
  • Hospital clients include major chains like Max Healthcare, Apollo, and Narayana Health.
  • The model shifted from direct-to-consumer to omnichannel in 2024.
  • Current annual recurring revenue stands at over ₹250 Cr.
  • International expansion targets include UAE, Saudi Arabia, and Egypt.

What happens next

  • The company plans to increase its store count to 55-60 by FY27.
  • Long-term retail goals aim for approximately 250 stores globally.
  • FY27 revenue guidance is set at ₹205 Cr with a 20% EBITDA margin.
  • Public listing via an IPO is targeted within the next 3-5 years.
  • European markets will be explored later this financial year for expansion.

Investors

  • DSG Consumer Partners (investor) — Venture capital firm focused on consumer businesses.
  • Samina Hamied (angel) — Angel investor and entrepreneur known for supporting early-stage ventures.
  • Dr Devi Shetty (angel) — Cardiac surgeon and founder of Narayana Health.

Founders

  • Abhijeet Kaji, Cofounder
  • Vanshika Kaji, Cofounder

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