Milestone · Commerce & Consumer Brands

Nykaa outlines long-term growth targets for fiscal 2030

By Startup Enthusiast · 12 September 2026

What they do

Nykaa operates an omnichannel retail platform for beauty, personal care, and fashion products across India

The company has announced ambitious fiscal 2030 targets, including over $5 billion in gross merchandise value

Strategic plans include transitioning to an AI-native platform and expanding its B2B superstore and house brands

Nykaa has set a fiscal 2030 vision to achieve over $5 billion in gross merchandise value.
The company plans to scale its Beauty segment to reach 100 million consumers by 2030.
Nykaa aims to grow its Fashion segment GMV by 3 to 3.5 times over the same period.
The firm is transitioning into an AI-native platform, introducing features like Skin Scan and Virtual Closet.
The House of Nykaa brands are targeted to surpass ₹5,000 crore in net sales by 2030.
Superstore by Nykaa aims to reach over 1 million retailers with a GMV exceeding ₹3,500 crore.

Nykaa reported a fiscal 2026 net profit of ₹204 crore, marking an 183% year-on-year growth.
The company's fiscal 2026 revenue reached ₹10,022 crore, reflecting a 26% annual increase.
Matt Orton at Raymond James Investment is exploring the firm for potential opportunities.

Nykaa operates online and offline retail platforms for beauty, personal care, and fashion.
The company manages a B2B platform called Superstore by Nykaa for retail partners.
It maintains a portfolio of House of Nykaa brands.
The business uses 14 years of proprietary data to operate its commerce platform.
Nykaa reported ₹276 crore in operating free cash flow for fiscal 2026.