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Results · Professional & Local Services

Yes Madam posts Rs 1.8 crore profit in FY25

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Yes Madam logo
Date
Company
Yes Madam
What it does
At-home beauty and wellness services
Kind
Results
Based in
Noida
Founded
2016
Sector
Professional & Local Services

What they do

Yes Madam offers at-home beauty, salon and wellness services via an app

What happened

It reported Rs 92.5 crore operating revenue and Rs 1.8 crore profit in FY25

Why it matters

The company is the only profitable at-scale player in its segment

The details

  • Yes Madam reported its financial results for the fiscal year ending March 2025 (FY25).
  • The company's operating revenue grew to Rs 92.5 crore from Rs 45.8 crore in FY24.
  • Total income, including non-operating income, stood at Rs 94.5 crore.
  • Yes Madam posted a profit of Rs 1.8 crore in FY25.
  • Total expenditure rose to Rs 92.4 crore from Rs 45.5 crore in the previous year.
  • Product sales contributed Rs 50 crore, or 54% of operating revenue.
  • Service revenue from commissions, subscriptions and royalties was Rs 42.5 crore.
  • The company's EBITDA margin was 0.57% and ROCE was 2.29%.

The bigger picture

  • Yes Madam is a Shark Tank India-famed firm and is the only profitable at-scale player in its segment.
  • Urban Company, a competitor, is also pushing product sales to achieve profitability.
  • The company may moderate growth till FY27 to wait out market volatility.

About the business

  • Yes Madam offers at-home beauty, salon and wellness services such as haircuts, facials, waxing and massages via its app and website.
  • It connects customers with trained professionals and earns a commission per booking.
  • Product sales, which include commission, subscription and royalty income, made up 54% of operating revenue in FY25.

What happens next

  • Yes Madam may moderate its growth until FY27 to wait out market volatility.

Founders

  • Mayank Arya, Founder
  • Aditya Arya, Founder

About Yes Madam

Product
At-home salon and spa services including waxing, facials, hair care and aesthetic treatments using hygienic single-use products
Customers
Busy professionals and consumers seeking convenient at-home beauty and wellness services
How it makes money
Marketplace connecting 12,000+ trained service professionals with customers through low commission model enabling partner earnings
What sets it apart
Bringing non-invasive aesthetic treatments to homes with trained professionals and instant service options

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