Results · Commerce & Consumer Brands
Knya posts triple profit growth on revenue surge
By Startup Enthusiast ·
- Date
- Company
- Knya
- What it does
- Medical apparel maker for healthcare pros
- Kind
- Results
- Founded
- 2022
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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