About NineColours
NineColours is a publicly listed company based in Mumbai (India) founded in 2013. Online shopping platform offering a diverse range of clothing and accessories. Its Indian entity Nivaka Fashions Limited reported revenue of ₹19 Lakh. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Apparel. Its competitors include Cbazaar, The Morani Fashion and Indian Artizans; 2 of its 3 listed competitors have raised funding.
Company details
NineColours was established in 2013 in Mumbai, India, as an e-commerce platform in the retail sector. A wide selection of clothing and accessories is offered, with emphasis on traditional and cultural attire. Operations include product listings and order fulfillment, supported by shipping services extending to customers across India and international locations. The domain ninecolours.com serves as the primary online interface.
- Headquarters Mumbai, India
- Stage Public
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website ninecolours.com
- Social LinkedIn X Facebook
- Legal Name Nivaka Fashions Limited
- Date of Incorporation 11 Feb, 1983
- Jurisdiction Kolkata, West Bengal, India
- Market Cap₹6.98 Cr
NIVAKA · BSE
- Share Price₹0.67
-1.47% today
- Revenue₹0.02 Cr
FY 2025-26 · -98.6% YoY
- EBITDA−₹4.64 Cr
Margin -23,200.0%
- Net Profit−₹5.20 Cr
FY 2025-26 · -961.2% YoY
- Debt / Equity0.21
Interest cover -4.0x
Associated legal entities of NineColours
NineColours operates through Nivaka Fashions Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nivaka Fashions Limited Listed CIN L52100WB1983PLC035857 | Active | 11 Feb 1983 | Kolkata, West Bengal | ₹0.2 Cr | 7 | View details |
Board of directors of Nivaka Fashions Limited (NineColours)
Nivaka Fashions Limited is the primary company behind NineColours. The board of Nivaka Fashions Limited currently have 6 directors; the longest-serving is Priyesh Shantilal Jain, appointed in 2014. 20 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Priyesh Shantilal Jain DIN 00741595 | Director | 24 Feb 2014 | 12 yrs 7 mo | Nivaka Fashions Limited |
| Bhavin Shantilal Jain DIN 00741604 | Managing Director | 23 Jun 2014 | 12 yrs 4 mo | Nivaka Fashions Limited |
| Dinesh Jamnadas Shah DIN 02377709 | Director | 23 Jun 2014 | 12 yrs 4 mo | Nivaka Fashions Limited |
| Gayathri Muttur Nagaraj DIN 06742638 | Director | 13 Aug 2022 | 4 yrs 2 mo | Nivaka Fashions Limited |
| Mitesh Ajit Thakkar DIN 06994888 | Director | 05 Sep 2022 | 4 yrs 1 mo | Nivaka Fashions Limited |
| Suman Kumar Verma DIN 07385067 | Director | 07 Sep 2023 | 3 yrs 1 mo | Nivaka Fashions Limited |
IPO & Listings of NineColours
NineColours is a publicly listed company on the BSE with ticker symbol NIVAKA in India, operating in the Textiles sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onBSE: NIVAKA
- Listed entityNivaka Fashions Limited
- Exchange sectorTextiles
Financials of NineColours
Exchange-reported figures of Nivaka Fashions Limited, the listed company behind NineColours (BSE: NIVAKA).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.02 | 1.47 | 1.60 | 4.12 | 12.01 | 21.79 | 21.55 |
| Revenue growth | -98.6% | -8.1% | -61.2% | -65.7% | -44.9% | +1.1% | - |
| EBITDA | (4.64) | (0.14) | (0.16) | (0.14) | 0.59 | (0.15) | (1.69) |
| EBITDA margin | - | -9.5% | -10.0% | -3.4% | +4.9% | -0.7% | -7.8% |
| Profit before tax | (5.22) | (0.48) | (0.26) | 0.11 | 0.29 | 0.59 | (0.83) |
| Net profit | (5.20) | (0.49) | (0.25) | 0.04 | 0.27 | 0.61 | (0.83) |
| Net profit margin | - | -33.3% | -15.6% | +1.0% | +2.3% | +2.8% | -3.9% |
| EPS (₹) | (0.51) | (0.05) | (0.02) | 0.00 | 0.03 | 0.06 | (0.08) |
| Balance sheet | |||||||
| Total assets | 5.52 | 11.43 | 12.04 | 12.70 | 10.83 | 10.54 | 9.67 |
| Net worth | 4.38 | 9.59 | 10.09 | 10.35 | 10.32 | 10.04 | 9.42 |
| Total debt | 1.15 | 1.84 | 1.95 | 0.56 | 0.51 | 0.51 | 0.25 |
| Cash & bank | 0.09 | 0.13 | 1.35 | 0.17 | 0.34 | 0.48 | 0.14 |
| Net working capital | (1.67) | 3.13 | 3.53 | 3.32 | 2.51 | (3.51) | (5.48) |
| Cash flow | |||||||
| Cash from operations | 0.10 | (0.98) | 0.57 | 1.21 | (5.55) | (0.80) | 3.64 |
| Cash from investing | (0.77) | 0.07 | 0.65 | (1.34) | 5.41 | 0.88 | (3.60) |
| Cash from financing | 0.62 | (0.31) | (0.04) | (0.04) | 0.00 | 0.26 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.01 | 0.04 | 0.05 | 0.04 | 0.05 | 1.34 | 0.09 | 0.19 |
| Revenue growth (YoY) | -80.0% | -97.0% | -44.4% | -79.0% | -76.2% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.13 | 3.58 | 0.34 | 0.43 | 0.32 | 0.91 | 0.12 | 0.31 |
| EBITDA | (0.12) | (3.54) | (0.29) | (0.39) | (0.27) | 0.43 | (0.03) | (0.12) |
| EBITDA margin | - | - | -2900.0% | - | -2700.0% | +33.1% | -60.0% | -240.0% |
| Depreciation | 0.01 | 0.05 | 0.21 | 0.16 | 0.11 | 0.13 | 0.13 | 0.13 |
| Interest | 0.02 | 0.01 | 0.04 | 0.04 | 0.10 | 0.06 | 0.05 | 0.04 |
| Profit before tax | (0.15) | (3.60) | (0.54) | (0.59) | (0.48) | 0.24 | (0.21) | (0.29) |
| Tax | 0.00 | 0.01 | (0.02) | 0.00 | (0.01) | 0.01 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.01 | 0.04 | 0.05 | 0.04 | 0.05 | 1.34 | 0.09 | 0.19 |
| Revenue growth (YoY) | -80.0% | -97.0% | -44.4% | -79.0% | -76.2% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.13 | 3.58 | 0.34 | 0.43 | 0.32 | 0.91 | 0.12 | 0.31 |
| EBITDA | (0.12) | (3.54) | (0.29) | (0.39) | (0.27) | 0.43 | (0.03) | (0.12) |
| EBITDA margin | - | - | -2900.0% | - | -2700.0% | +33.1% | -60.0% | -240.0% |
| Depreciation | 0.01 | 0.05 | 0.21 | 0.16 | 0.11 | 0.13 | 0.13 | 0.13 |
| Interest | 0.02 | 0.01 | 0.04 | 0.04 | 0.10 | 0.06 | 0.05 | 0.04 |
| Profit before tax | (0.15) | (3.60) | (0.54) | (0.59) | (0.48) | 0.24 | (0.21) | (0.29) |
| Tax | 0.00 | 0.01 | (0.02) | 0.00 | (0.01) | 0.01 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.02 | 1.47 | 1.60 | 4.12 | 12.01 | 21.79 | 21.55 |
| Revenue growth | -98.6% | -8.1% | -61.2% | -65.7% | -44.9% | +1.1% | - |
| Other income | 0.17 | 0.37 | 0.66 | 0.54 | 0.03 | 0.99 | 1.01 |
| Total expenses | 4.66 | 1.61 | 1.76 | 4.26 | 11.42 | 21.94 | 23.24 |
| Employee cost | 0.69 | 0.61 | 0.62 | 1.04 | 1.19 | 1.01 | 1.16 |
| EBITDA | (4.64) | (0.14) | (0.16) | (0.14) | 0.59 | (0.15) | (1.69) |
| EBITDA margin | - | -9.5% | -10.0% | -3.4% | +4.9% | -0.7% | -7.8% |
| Depreciation | 0.54 | 0.51 | 0.56 | 0.24 | 0.29 | 0.24 | 0.15 |
| Interest | 0.21 | 0.20 | 0.20 | 0.05 | 0.04 | 0.01 | 0.00 |
| Profit before tax | (5.22) | (0.48) | (0.26) | 0.11 | 0.29 | 0.59 | (0.83) |
| Tax | (0.02) | 0.01 | (0.01) | 0.07 | 0.02 | (0.02) | 0.00 |
| Net profit | (5.20) | (0.49) | (0.25) | 0.04 | 0.27 | 0.61 | (0.83) |
| Net profit margin | - | -33.3% | -15.6% | +1.0% | +2.3% | +2.8% | -3.9% |
| EPS (₹) | (0.51) | (0.05) | (0.02) | 0.00 | 0.03 | 0.06 | (0.08) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.27 | 10.27 | 10.27 | 10.27 | 10.27 | 10.27 | 10.27 |
| Reserves & surplus | (5.89) | (0.68) | (0.18) | 0.08 | 0.05 | (0.23) | (0.85) |
| Shareholders' funds (net worth) | 4.38 | 9.59 | 10.09 | 10.35 | 10.32 | 10.04 | 9.42 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.47 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 1.15 | 1.84 | 1.95 | 0.09 | 0.51 | 0.51 | 0.25 |
| Total debt | 1.15 | 1.84 | 1.95 | 0.56 | 0.51 | 0.51 | 0.25 |
| Total liabilities | 5.52 | 11.43 | 12.04 | 12.70 | 10.83 | 10.54 | 9.67 |
| Assets | |||||||
| Gross block | 5.80 | 1.98 | 1.79 | 1.45 | 1.40 | 1.29 | 0.80 |
| Net block | 5.80 | 1.98 | 1.79 | 0.49 | 0.68 | 0.85 | 0.60 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 1.83 | 0.00 | 0.00 | 0.00 |
| Investments | 1.08 | 2.69 | 2.69 | 2.69 | 2.58 | 2.58 | 2.08 |
| Inventories | 0.00 | 1.63 | 1.78 | 1.85 | 2.13 | 3.38 | 2.71 |
| Sundry debtors | 0.00 | 1.85 | 0.43 | 2.80 | 10.71 | 15.41 | 11.70 |
| Cash & bank balances | 0.09 | 0.13 | 1.35 | 0.17 | 0.34 | 0.48 | 0.14 |
| Loans & advances | 1.38 | 2.00 | 0.99 | 0.96 | 1.42 | 0.74 | 0.46 |
| Total current assets | 1.47 | 5.61 | 4.55 | 5.78 | 14.60 | 20.01 | 15.01 |
| Total current liabilities | 3.14 | 2.48 | 1.02 | 2.46 | 12.09 | 23.52 | 20.49 |
| Net working capital | (1.67) | 3.13 | 3.53 | 3.32 | 2.51 | (3.51) | (5.48) |
| Total assets | 5.52 | 11.43 | 12.04 | 12.70 | 10.83 | 10.54 | 9.67 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.13 | 1.35 | 0.17 | 0.34 | 0.48 | 0.14 | 0.10 |
| Net cash from operating activities | 0.10 | (0.98) | 0.57 | 1.21 | (5.55) | (0.80) | 3.64 |
| Net cash from investing activities | (0.77) | 0.07 | 0.65 | (1.34) | 5.41 | 0.88 | (3.60) |
| Net cash from financing activities | 0.62 | (0.31) | (0.04) | (0.04) | 0.00 | 0.26 | 0.00 |
| Net change in cash | (0.05) | (1.22) | 1.18 | (0.17) | (0.14) | 0.34 | 0.04 |
| Closing cash | 0.09 | 0.13 | 1.35 | 0.17 | 0.34 | 0.48 | 0.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -98.6% | -8.1% | -61.2% | -65.7% | -44.9% | +1.1% | - |
| EBITDA growth | -3214.3% | +12.5% | -14.3% | -123.7% | +493.3% | +91.1% | - |
| PBT growth | -987.5% | -84.6% | - | -62.1% | -50.9% | +9998.0% | - |
| Net income growth | -961.2% | -96.0% | -725.0% | -85.2% | -55.7% | +173.5% | - |
| Revenue CAGR (3Y) | -83.1% | -50.4% | -58.1% | -42.4% | -30.8% | -15.5% | +13.3% |
| EBITDA CAGR (3Y) | +221.2% | - | +2.2% | -56.4% | -30.5% | - | +176.4% |
| Profitability & leverage | |||||||
| Net income margin | - | -33.3% | -15.6% | +1.0% | +2.3% | +2.8% | -3.9% |
| Return on capital employed | 0.0% | 0.0% | 0.0% | +1.2% | +3.2% | +5.9% | 0.0% |
| Return on net worth | 0.0% | 0.0% | 0.0% | +0.2% | +2.8% | +6.3% | 0.0% |
| Debt / equity | 0.21 | 0.19 | 0.12 | 0.05 | 0.05 | 0.04 | 0.03 |
| Long-term debt / equity | 0.21 | 0.19 | 0.12 | 0.05 | 0.05 | 0.04 | 0.03 |
| Interest cover | -4.05 | -30.77 | -27.78 | -13.16 | 13.33 | -2.56 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.01 | 0.78 | 0.99 | 2.89 | 8.93 | 20.85 | 44.43 |
| Inventory turnover | 0.02 | 0.86 | 0.88 | 2.07 | 4.36 | 7.16 | 9.21 |
| Debtors turnover | 0.02 | 1.29 | 0.99 | 0.61 | 0.92 | 1.61 | 2.53 |
| EPS (₹) | (0.51) | (0.05) | (0.02) | 0.00 | 0.03 | 0.06 | (0.08) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.43 | 0.93 | 0.98 | 1.01 | 1.01 | 0.98 | 0.92 |
Competitors of NineColours
NineColours has 3 listed competitors in our database, 2 of them funded. They include Cbazaar, The Morani Fashion and Indian Artizans.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cbazaar.com | 2001 | Chennai, India | $7.6M | 63 | Indian ethnic wear is sold online by Cbazaar. | |
| moranifashion.com | 2020 | Pune, India | Online retailer of Indian ethnic wear, sarees, blouses, and accessories. | |||
| indianartizans.com | 2013 | Pune, India | $83,321 | Multi-category ethnic products are retailed online by Indian Artizans. |
Detailed competitors of NineColours
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Web traffic of NineColours
The website of NineColours (ninecolours.com) receives about 2.8K visits a month.
- Monthly visits2.8K
▲ 202.4% vs previous month
Websites whose visitors overlap most with NineColours. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sareesaga.com | 100% | #2,170,825 | View details | ||
| yourdesignerwear.com | 98% | 9.4K | #1,143,500 | View details | |
| nihalfashions.com | 98% | #1,260,533 | View details | ||
| parivarceremony.com | 97% | 16.6K | #1,762,795 | View details | |
shoppers99.com | shoppers99.com | 96% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for NineColours
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Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as NineColours (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 |
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Related news about Ninecolours
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Frequently Asked Questions about NineColours
NineColours was founded in 2013.
NineColours is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind NineColours, Nivaka Fashions Limited, reported revenue of ₹19 Lakh for FY 2026, down 99% year on year.
NineColours was established in 2013 in Mumbai, India, as an e-commerce platform in the retail sector. A wide selection of clothing and accessories is offered, with emphasis on traditional and cultural attire. Operations include product listings and order fulfillment, supported by shipping services extending to customers across India and international locations. The domain ninecolours.com serves as the primary online interface.
NineColours's top competitors include Cbazaar, Indian Artizans and The Morani Fashion.
Yes, NineColours is publicly traded on BSE under the ticker symbol NIVAKA.
NineColours operates through Nivaka Fashions Limited.
The legal entities of NineColours currently have 7 directors, including Gayathri Muttur Nagaraj, Bhavin Shantilal Jain, Dinesh Jamnadas Shah and others.