- Valuation
- ₹75,810 Cr
About Nykaa
Nykaa is a publicly listed company based in Mumbai (India) founded in 2012 by Falguni Nayar, Om Prakash Nayar, and Adwaita Nayar. Cosmetics, skincare, haircare, and wellness products are retailed online. Nykaa has raised $88.91 million across 7 funding rounds from investors including KKR, Aza Fashions and TPG. The company has 3,735 employees. Nykaa has completed 7 acquisitions, including Aminu, Dot & Key and Earth Rhythm. Nykaa was last valued at $1.34 billion in May 2020. Its chief executive, as recorded, is Falguni Nayar. Its website nykaa.com draws about 21.1 million monthly visits. Its Indian entity Fsn E-Commerce Ventures Limited reported revenue of βΉ10,064 Cr. Nykaa offers products and services including Cosmetics and Beauty Products. Its focus areas include Retail, Beauty Tech, Ecommerce and Multi Category.
Company details
Nykaa was founded in 2012 in Mumbai, India, as an e-commerce platform in the beauty and personal care sector. A curated selection of products from various brands is offered through its online store, enabling consumers to purchase cosmetics, skincare, haircare, and wellness items. Operations focus on direct-to-consumer sales, with emphasis on diverse beauty needs across the Indian market.
Nykaa is ranked #92 among India's most valuable companies (2025).
Recognitions & Rankings of Nykaa
- Headquarters Mumbai, India
- Employees 3,735
- Founders Falguni Nayar, Om Prakash Nayar, Adwaita Nayar
- Stage Public
- SectorsHealthcare
- Website category Lifestyle · Beauty and Cosmetics
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website nykaa.com
- Social LinkedIn X Facebook
- Legal Name Fsn E-Commerce Ventures Ltd.
- Market Cap₹94,449 Cr
NYKAA · NSE
- Share Price₹321.90
-2.37% today
- Revenue₹10,022 Cr
FY 2025-26 · +26.1% YoY
- EBITDA₹726 Cr
Margin 7.2%
- Net Profit₹210 Cr
FY 2025-26 · +217.2% YoY
- P/E (TTM)361.4x
P/B 67.1x
- ROE14.9%
ROCE 16.3%
- Debt / Equity0.93
Interest cover 29.1x
- Total Equity Funding$88.91M (USD)
in 7 rounds
- Latest Funding Round$24.75M (USD), Series E
Mar 2020
- InvestorsKKR
& 58 more
- Employee Count3,735
- Investments & AcquisitionsAminu
& 6 more
Associated legal entities of Nykaa
Nykaa operates through Fsn E-Commerce Ventures 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 |
|---|---|---|---|---|---|---|---|
| Fsn E-Commerce Ventures Limited Listed CIN L52600MH2012PLC230136 | Active | 24 Apr 2012 | Mumbai, Maharashtra | ₹10,064 Cr | 508 | 14 | View details |
Products & Services of Nykaa
Nykaa offers a comprehensive portfolio of products and services, including Cosmetics and Beauty Products.
Cosmetics products are sold online for personal care and are tailored to various needs, including specific shades for Indian skin tones.
Beauty products are marketed through categories like new launches and fashion items to meet consumer demands.
Apps and channels of Nykaa
Nykaa publishes 1 mobile app with over 50M+ downloads.
Funding Insights of Nykaa
Nykaa has successfully raised a total of $88.91M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $24.75 million completed in March 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $88.91M
- Total Rounds 7
- Last Round Series E β $24.75M
- First Round $3.33M
(Jul 2014)
- Investors Count 59
All 7 funding rounds of Nykaa with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2020 | $24.75M | Series E | $1.34B | Steadview, Sunil Kant Munjal | |
| Mar 2019 | $14.47M | Series E | $823.42M | TPG | β |
| May 2018 | $24.45M | Series D | $β’β’β’β’β’ | Marico | |
| Apr 2018 | $11.3M | Series C | $β’β’β’β’β’ | Shefali Munjal, Karan Danthi | |
| Sep 2016 | $15.58M | Series C | $β’β’β’β’β’ | β | |
| Jul 2015 | $9.3M | Series B | $β’β’β’β’β’ | TVS Capital Funds | |
| Jul 2014 | $3.33M | Series A | $β’β’β’β’β’ | JM Financial Private Equity, Indra Banga |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2020 | $1.34B | β’β’β’β’β’β’β’β’ |
| Mar 2019 | $823.42M | β’β’β’β’β’β’β’β’ |
| May 2018 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
| Apr 2018 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
| Sep 2016 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
| Jul 2015 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
| Jul 2014 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
Full valuation and stage history of Nykaa
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $1.34B (May 2020). 59 investors in total: 18 institutional and 41 angel.
Investors in Nykaa
Nykaa has secured backing from 59 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include KKR, Aza Fashions and TPG.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Fund of funds focused on pre-seed and seed-stage companies | 1992 | tpg.com | Fort Worth, United States | |
Investment office backing consumer sector companies in India. | 2014 | sharrpventures.com | Mumbai, India | |
Investment funds for Indian startups are managed by Lighthouse. | lhfunds.com | Mumbai, India | ||
Growth-equity focused private firm investing in SMEs | 2006 | jmfpe.com | Mumbai, India | |
Venture capital firm backed by Max Group | 1982 | maxvil.com | Noida, India | |
Investment in growth equity and insurtech sectors in India. | 2007 | tvscapital.in | Chennai, India | |
Family investments are managed by this single family office. | yaipl.com | Mumbai, India | ||
Venture capital fund investing in consumer tech startups | 2014 | techproventures.com | Mumbai, India | |
Private equity firm managing investments in Indian sectors. | 2009 | faeringcapital.com | Mumbai, India | |
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States |
Investor details for Nykaa
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Fsn E-Commerce Ventures Limited (Nykaa)
Fsn E-Commerce Ventures Limited is the primary company behind Nykaa. The board of Fsn E-Commerce Ventures Limited currently have 11 directors; the longest-serving is Falguni Sanjay Nayar, appointed in 2012. 26 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Falguni Sanjay Nayar DIN 00003633 | Managing Director | 24 Apr 2012 | 14 yrs 5 mo | Fsn E-Commerce Ventures Limited |
| Milan Bhagwandas Khakhar DIN 00394065 | Director | 28 Sep 2015 | 11 yrs | Fsn E-Commerce Ventures Limited |
| Anita Ramachandran DIN 00118188 | Director | 12 Oct 2015 | 11 yrs | Fsn E-Commerce Ventures Limited |
| Adwaita Sanjay Nayar DIN 07931382 | Whole-time director | 22 Jan 2018 | 8 yrs 8 mo | Fsn E-Commerce Ventures Limited |
| Anchit Nayar DIN 08351358 | Whole-time director | 13 Aug 2019 | 7 yrs 2 mo | Fsn E-Commerce Ventures Limited |
| Sanjay Omprakash Nayar DIN 00002615 | Director | 09 Apr 2021 | 5 yrs 6 mo | Fsn E-Commerce Ventures Limited |
| Milind Shripad Sarwate DIN 00109854 | Director | 15 Jul 2021 | 5 yrs 3 mo | Fsn E-Commerce Ventures Limited |
| Pradeep Parameswaran DIN 07206780 | Director | 15 Jul 2021 | 5 yrs 3 mo | Fsn E-Commerce Ventures Limited |
| Seshashayee Sampathiyengar Sridhara DIN 09247644 | Director | 26 Jul 2021 | 5 yrs 2 mo | Fsn E-Commerce Ventures Limited |
| Santosh Desai DIN 01237902 | Director | 15 Jul 2024 | 2 yrs 3 mo | Fsn E-Commerce Ventures Limited |
| Dipak Gupta DIN 00004771 | Director | 01 Oct 2025 | 1 yr | Fsn E-Commerce Ventures Limited |
People of Nykaa
154 people are tracked at Nykaa (42 in leadership, 112 in team); the tracked headcount is 3,735.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Om Prakash Nayar | Co-Founder | Leadership |
| Co-Founder & Co-CEO | Leadership | |
Vishal Gupta | Co-CEO | Leadership |
| Co-CEO | Leadership | |
Sachin Jatin Parikh | Leadership | |
Pearl Shah | Vice President Marketing & Product Innovation; Kay Beauty, Nykaa Pvt Label Brands | Leadership |
Chandni G. | Assistant Vice President - Learning & Development | Leadership |
Ankit Jain | Director Of Engineering | Leadership |
Lokesh Bais | Director Of Devops | Leadership |
Shivcharan Pulugurtha | Senior Vice President: Revenue Growth And Business Operations | Leadership |
Rajesh Uppalapati | CTO | Leadership |
Mahesh Panse | Associate VP - Buying & Merchandising | Leadership |
Jayesh Dattani | Chief Investment Officer | Leadership |
Sobhagya Mohanty | Director Of Engineering | Leadership |
Pratik Dalal | Finance Head - Beauty Omnichannel | Leadership |
Kiran Shivlingkar | Director Of Product Design | Leadership |
Amit Kulshrestha | VP Products | Leadership |
Manoj Jaiswal | VP, Operations & Chief Supply Chain Officer | Leadership |
Namrata Hariani | Vp- Skin Category @ Nykaa.com (fsn Ecommerce Ventures Pvt Ltd) | Leadership |
134 more people are available in the full profile.
Complete people profiles for Nykaa
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Nykaa
Nykaa is a publicly listed company on the NSE with ticker symbol NYKAA in India, operating in the Retail trade 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.
- IPO date10 Nov 2021
- Listed onBSE: 543384 · NSE: NYKAA
- Listed entityFSN E-Commerce Ventures Ltd.
- Exchange sectorRetail trade
- ISININE388Y01029
- Share price₹336.50 (-0.44% on the day) · 2026-10-14
- Market capitalisation₹96,527 Cr
- Price to earnings376.2
- EPS (diluted, trailing year)₹0.89
- Volume (last session)2,975,584
Financials of Nykaa
Exchange-reported figures of Fsn E-Commerce Ventures Limited, the listed company behind Nykaa (NSE: NYKAA).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue 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 | 10,022 | 7,950 | 6,386 | 5,144 | 3,774 | 2,441 | 1,768 |
| Revenue growth | +26.1% | +24.5% | +24.1% | +36.3% | +54.6% | +38.1% | - |
| EBITDA | 726 | 475 | 347 | 257 | 164 | 158 | 82.99 |
| EBITDA margin | +7.3% | +6.0% | +5.4% | +5.0% | +4.4% | +6.5% | +4.7% |
| Profit before tax | 330 | 127 | 69.02 | 38.38 | 47.31 | 66.13 | (12.44) |
| Net profit | 210 | 66.08 | 32.25 | 19.25 | 41.08 | 61.55 | (16.62) |
| Net profit margin | +2.1% | +0.8% | +0.5% | +0.4% | +1.1% | +2.5% | -0.9% |
| EPS (βΉ) | 0.70 | 0.23 | 0.11 | 0.07 | 0.87 | 40.88 | (11.42) |
| Balance sheet | |||||||
| Total assets | 2,776 | 2,818 | 2,332 | 2,337 | 2,068 | 831 | 741 |
| Net worth | 1,438 | 1,301 | 1,262 | 1,378 | 1,340 | 490 | 322 |
| Total debt | 1,238 | 1,321 | 969 | 798 | 593 | 333 | 413 |
| Cash & bank | 320 | 217 | 240 | 149 | 267 | 248 | 176 |
| Net working capital | 1,353 | 1,515 | 1,224 | 1,293 | 1,349 | 492 | 432 |
| Cash flow | |||||||
| Cash from operations | 644 | 467 | 0.25 | (140) | (354) | 133 | 6.15 |
| Cash from investing | (159) | (205) | (10.11) | 140 | (603) | (130) | 14.91 |
| Cash from financing | (433) | (212) | 44.26 | 4.87 | 927 | (37.72) | 68.72 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,782 | 2,648 | 2,873 | 2,346 | 2,155 | 2,062 | 2,267 | 1,875 |
| Revenue growth (YoY) | +29.1% | +28.4% | +26.7% | +25.1% | +23.4% | - | - | - |
| Other income | 9.31 | 9.15 | 6.26 | 8.03 | 9.33 | 8.95 | 5.53 | 5.45 |
| EBITDA | 236 | 223 | 213 | 158 | 141 | 133 | 141 | 104 |
| EBITDA margin | +8.5% | +8.4% | +7.4% | +6.7% | +6.5% | +6.5% | +6.2% | +5.5% |
| Depreciation | 89.46 | 84.22 | 80.88 | 79.09 | 76.14 | 72.90 | 69.82 | 63.62 |
| Interest | 26.74 | 26.33 | 29.16 | 31.47 | 30.16 | 29.85 | 31.93 | 24.23 |
| Profit before tax | 129 | 122 | 110 | 55.38 | 43.71 | 39.55 | 44.56 | 21.26 |
| Tax | 49.40 | 42.77 | 41.88 | 22.40 | 19.24 | 20.50 | 17.59 | 7.82 |
| Net profit | 79.76 | 78.75 | 67.74 | 32.98 | 24.47 | 19.05 | 26.97 | 13.44 |
| EPS (βΉ) | 0.28 | 0.27 | 0.22 | 0.12 | 0.08 | 0.07 | 0.09 | 0.04 |
| 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 | 357 | 420 | 313 | 275 | 188 | 146 | 204 |
| Revenue growth | -15.1% | +34.4% | +13.5% | +46.8% | +28.7% | -28.6% | - |
| EBITDA | (47.85) | (40.47) | (75.04) | (37.57) | 16.62 | (2.79) | 3.54 |
| EBITDA margin | -13.4% | -9.6% | -24.0% | -13.6% | +8.9% | -1.9% | +1.7% |
| Profit before tax | 113 | 97.29 | 93.92 | 76.39 | 122 | 44.82 | 21.76 |
| Net profit | 89.52 | 97.36 | 121 | 57.07 | 104 | 36.18 | 15.07 |
| Net profit margin | +25.1% | +23.2% | +38.7% | +20.7% | +55.2% | +24.8% | +7.4% |
| EPS (βΉ) | 0.31 | 0.34 | 0.42 | 0.20 | 2.18 | 24.03 | 10.36 |
| Balance sheet | |||||||
| Total assets | 2,018 | 1,763 | 1,636 | 1,542 | 1,627 | 608 | 465 |
| Net worth | 1,803 | 1,660 | 1,535 | 1,456 | 1,550 | 561 | 419 |
| Total debt | 208 | 86.27 | 87.27 | 55.36 | 51.41 | 45.73 | 39.78 |
| Cash & bank | 82.53 | 28.62 | 38.63 | 51.97 | 220 | 192 | 169 |
| Net working capital | 366 | 285 | 501 | 812 | 888 | 276 | 225 |
| Cash flow | |||||||
| Cash from operations | 63.29 | 143 | (31.19) | (0.44) | 72.02 | (84.07) | (90.05) |
| Cash from investing | (194) | (146) | (25.94) | (41.34) | (944) | (67.09) | 68.77 |
| Cash from financing | 130 | 7.57 | 47.31 | 21.26 | 873 | 86.92 | 102 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 75.42 | 102 | 95.67 | 76.97 | 81.83 | 88.57 | 119 | 109 |
| Revenue growth (YoY) | -7.8% | +15.2% | -19.7% | -29.7% | -20.4% | - | - | - |
| Other income | 52.27 | 61.13 | 47.53 | 40.56 | 40.10 | 37.34 | 41.01 | 39.81 |
| Total expenses | 104 | 103 | 108 | 94.53 | 98.94 | 100 | 123 | 123 |
| EBITDA | (28.36) | (1.31) | (11.90) | (17.56) | (17.11) | (11.78) | (4.16) | (13.46) |
| EBITDA margin | -37.6% | -1.3% | -12.4% | -22.8% | -20.9% | -13.3% | -3.5% | -12.3% |
| Depreciation | 6.34 | 5.43 | 3.71 | 3.98 | 3.20 | 3.38 | 2.87 | 3.00 |
| Interest | 4.79 | 4.65 | 2.67 | 2.50 | 2.35 | 1.98 | 2.50 | 1.56 |
| Profit before tax | 12.78 | 49.74 | 29.25 | 16.52 | 17.44 | 20.20 | 31.48 | 21.79 |
| Tax | 3.21 | 8.70 | 7.57 | 4.27 | 4.52 | 5.58 | 7.02 | 5.63 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,782 | 2,648 | 2,873 | 2,346 | 2,155 | 2,062 | 2,267 | 1,875 |
| Revenue growth (YoY) | +29.1% | +28.4% | +26.7% | +25.1% | +23.4% | - | - | - |
| Other income | 9.31 | 9.15 | 6.26 | 8.03 | 9.33 | 8.95 | 5.53 | 5.45 |
| EBITDA | 236 | 223 | 213 | 158 | 141 | 133 | 141 | 104 |
| EBITDA margin | +8.5% | +8.4% | +7.4% | +6.7% | +6.5% | +6.5% | +6.2% | +5.5% |
| Depreciation | 89.46 | 84.22 | 80.88 | 79.09 | 76.14 | 72.90 | 69.82 | 63.62 |
| Interest | 26.74 | 26.33 | 29.16 | 31.47 | 30.16 | 29.85 | 31.93 | 24.23 |
| Profit before tax | 129 | 122 | 110 | 55.38 | 43.71 | 39.55 | 44.56 | 21.26 |
| Tax | 49.40 | 42.77 | 41.88 | 22.40 | 19.24 | 20.50 | 17.59 | 7.82 |
| Net profit | 79.76 | 78.75 | 67.74 | 32.98 | 24.47 | 19.05 | 26.97 | 13.44 |
| EPS (βΉ) | 0.28 | 0.27 | 0.22 | 0.12 | 0.08 | 0.07 | 0.09 | 0.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 10,022 | 7,950 | 6,386 | 5,144 | 3,774 | 2,441 | 1,768 |
| Revenue growth | +26.1% | +24.5% | +24.1% | +36.3% | +54.6% | +38.1% | - |
| Other income | 42.11 | 27.26 | 29.94 | 30.21 | 26.97 | 11.76 | 10.32 |
| Total expenses | 9,296 | 7,475 | 6,039 | 4,887 | 3,610 | 2,283 | 1,685 |
| Employee cost | 772 | 666 | 565 | 492 | 326 | 233 | 196 |
| EBITDA | 726 | 475 | 347 | 257 | 164 | 158 | 82.99 |
| EBITDA margin | +7.3% | +6.0% | +5.4% | +5.0% | +4.4% | +6.5% | +4.7% |
| Depreciation | 320 | 266 | 224 | 173 | 96.41 | 71.59 | 59.51 |
| Interest | 118 | 108 | 83.56 | 75.62 | 47.30 | 32.29 | 46.24 |
| Profit before tax | 330 | 127 | 69.02 | 38.38 | 47.31 | 66.13 | (12.44) |
| Tax | 126 | 53.75 | 25.32 | 13.57 | 6.02 | 4.48 | 3.91 |
| Net profit | 210 | 66.08 | 32.25 | 19.25 | 41.08 | 61.55 | (16.62) |
| Net profit margin | +2.1% | +0.8% | +0.5% | +0.4% | +1.1% | +2.5% | -0.9% |
| EPS (βΉ) | 0.70 | 0.23 | 0.11 | 0.07 | 0.87 | 40.88 | (11.42) |
| 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 | 286 | 286 | 286 | 285 | 47.41 | 15.38 | 14.76 |
| Reserves & surplus | 1,151 | 1,015 | 976 | 1,093 | 1,292 | 475 | 296 |
| Shareholders' funds (net worth) | 1,438 | 1,301 | 1,262 | 1,378 | 1,340 | 490 | 322 |
| Minority interest | 64.12 | 41.38 | 18.81 | 14.15 | 5.62 | 0.83 | 0.74 |
| Secured loans | 628 | 742 | 600 | 386 | 333 | 187 | 248 |
| Unsecured loans | 610 | 579 | 369 | 412 | 260 | 145 | 165 |
| Total debt | 1,238 | 1,321 | 969 | 798 | 593 | 333 | 413 |
| Total liabilities | 2,776 | 2,818 | 2,332 | 2,337 | 2,068 | 831 | 741 |
| Assets | |||||||
| Gross block | 2,039 | 1,589 | 1,242 | 1,093 | 742 | 410 | 328 |
| Net block | 1,008 | 835 | 668 | 699 | 483 | 231 | 227 |
| Capital work in progress | 9.25 | 36.74 | 29.78 | 30.88 | 24.50 | 2.36 | 2.02 |
| Investments | 0.16 | 0.16 | 34.31 | 38.12 | 0.00 | 1.32 | 3.80 |
| Inventories | 1,642 | 1,418 | 1,192 | 1,005 | 876 | 498 | 445 |
| Sundry debtors | 289 | 247 | 242 | 164 | 94.53 | 76.64 | 98.43 |
| Cash & bank balances | 320 | 217 | 240 | 149 | 267 | 248 | 176 |
| Loans & advances | 937 | 796 | 619 | 588 | 690 | 141 | 96.11 |
| Total current assets | 3,189 | 2,677 | 2,293 | 1,906 | 1,927 | 963 | 816 |
| Total current liabilities | 1,836 | 1,162 | 1,069 | 613 | 578 | 471 | 384 |
| Net working capital | 1,353 | 1,515 | 1,224 | 1,293 | 1,349 | 492 | 432 |
| Total assets | 2,776 | 2,818 | 2,332 | 2,337 | 2,068 | 831 | 741 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 125 | 75.78 | 41.38 | 37.17 | 66.91 | 101 | 11.41 |
| Net cash from operating activities | 644 | 467 | 0.25 | (140) | (354) | 133 | 6.15 |
| Net cash from investing activities | (159) | (205) | (10.11) | 140 | (603) | (130) | 14.91 |
| Net cash from financing activities | (433) | (212) | 44.26 | 4.87 | 927 | (37.72) | 68.72 |
| Net change in cash | 52.26 | 49.16 | 34.40 | 4.20 | (29.74) | (34.28) | 89.78 |
| Closing cash | 320 | 217 | 240 | 149 | 267 | 248 | 176 |
| 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 | +26.1% | +24.5% | +24.1% | +36.3% | +54.6% | +38.1% | - |
| EBITDA growth | +53.0% | +36.9% | +34.9% | +56.7% | +3.7% | +90.7% | - |
| PBT growth | +159.1% | +84.7% | +79.8% | -18.9% | -28.5% | +9998.0% | +60.8% |
| Net income growth | +217.2% | +104.9% | +67.5% | -53.1% | -33.3% | +470.3% | - |
| Revenue CAGR (3Y) | +24.9% | +28.2% | +37.8% | +42.8% | +50.3% | +62.0% | - |
| EBITDA CAGR (3Y) | +41.4% | +42.5% | +29.9% | +45.8% | +98.9% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +2.0% | +0.9% | +0.7% | +0.5% | +1.1% | +2.5% | -0.9% |
| Return on capital employed | +16.3% | +9.3% | +6.5% | +5.1% | +6.2% | +11.8% | 0.0% |
| Return on net worth | +14.9% | +5.7% | +3.3% | +1.8% | +4.2% | +13.5% | 0.0% |
| Debt / equity | 0.93 | 0.89 | 0.67 | 0.51 | 0.51 | 0.92 | 1.31 |
| Long-term debt / equity | 0.23 | 0.19 | 0.14 | 0.15 | 0.17 | 0.29 | 0.37 |
| Interest cover | 29.05 | 51.92 | 68.13 | 90.25 | 69.93 | 37.26 | 196.93 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.53 | 5.62 | 5.47 | 5.61 | 6.56 | 6.62 | 6.95 |
| Inventory turnover | 6.55 | 6.09 | 5.81 | 5.47 | 5.49 | 5.17 | 5.12 |
| Debtors turnover | 37.40 | 32.57 | 31.52 | 39.87 | 44.10 | 27.88 | 22.61 |
| EPS (βΉ) | 0.70 | 0.23 | 0.11 | 0.07 | 0.87 | 40.88 | (11.42) |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 5.02 | 4.55 | 4.42 | 4.83 | 28.26 | 325.14 | 213.70 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 75.42 | 102 | 95.67 | 76.97 | 81.83 | 88.57 | 119 | 109 |
| Revenue growth (YoY) | -7.8% | +15.2% | -19.7% | -29.7% | -20.4% | - | - | - |
| Other income | 52.27 | 61.13 | 47.53 | 40.56 | 40.10 | 37.34 | 41.01 | 39.81 |
| Total expenses | 104 | 103 | 108 | 94.53 | 98.94 | 100 | 123 | 123 |
| EBITDA | (28.36) | (1.31) | (11.90) | (17.56) | (17.11) | (11.78) | (4.16) | (13.46) |
| EBITDA margin | -37.6% | -1.3% | -12.4% | -22.8% | -20.9% | -13.3% | -3.5% | -12.3% |
| Depreciation | 6.34 | 5.43 | 3.71 | 3.98 | 3.20 | 3.38 | 2.87 | 3.00 |
| Interest | 4.79 | 4.65 | 2.67 | 2.50 | 2.35 | 1.98 | 2.50 | 1.56 |
| Profit before tax | 12.78 | 49.74 | 29.25 | 16.52 | 17.44 | 20.20 | 31.48 | 21.79 |
| Tax | 3.21 | 8.70 | 7.57 | 4.27 | 4.52 | 5.58 | 7.02 | 5.63 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 357 | 420 | 313 | 275 | 188 | 146 | 204 |
| Revenue growth | -15.1% | +34.4% | +13.5% | +46.8% | +28.7% | -28.6% | - |
| Other income | 189 | 157 | 185 | 129 | 116 | 60.25 | 30.50 |
| Total expenses | 404 | 460 | 388 | 313 | 171 | 149 | 201 |
| Employee cost | 67.62 | 66.12 | 72.09 | 49.95 | 28.79 | 17.78 | 24.76 |
| EBITDA | (47.85) | (40.47) | (75.04) | (37.57) | 16.62 | (2.79) | 3.54 |
| EBITDA margin | -13.4% | -9.6% | -24.0% | -13.6% | +8.9% | -1.9% | +1.7% |
| Depreciation | 16.31 | 11.58 | 8.72 | 7.26 | 4.68 | 8.43 | 7.40 |
| Interest | 12.24 | 7.99 | 6.96 | 7.55 | 5.95 | 4.21 | 4.88 |
| Profit before tax | 113 | 97.29 | 93.92 | 76.39 | 122 | 44.82 | 21.76 |
| Tax | 25.07 | (0.07) | (27.10) | 19.32 | 18.18 | 8.64 | 6.69 |
| Net profit | 89.52 | 97.36 | 121 | 57.07 | 104 | 36.18 | 15.07 |
| Net profit margin | +25.1% | +23.2% | +38.7% | +20.7% | +55.2% | +24.8% | +7.4% |
| EPS (βΉ) | 0.31 | 0.34 | 0.42 | 0.20 | 2.18 | 24.03 | 10.36 |
| 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 | 286 | 286 | 286 | 285 | 47.41 | 15.38 | 14.76 |
| Reserves & surplus | 1,516 | 1,374 | 1,249 | 1,170 | 1,502 | 546 | 404 |
| Shareholders' funds (net worth) | 1,803 | 1,660 | 1,535 | 1,456 | 1,550 | 561 | 419 |
| Secured loans | 87.00 | 75.74 | 74.87 | 0.00 | 31.33 | 24.35 | 19.81 |
| Unsecured loans | 121 | 10.53 | 12.40 | 55.36 | 20.08 | 21.38 | 19.97 |
| Total debt | 208 | 86.27 | 87.27 | 55.36 | 51.41 | 45.73 | 39.78 |
| Total liabilities | 2,018 | 1,763 | 1,636 | 1,542 | 1,627 | 608 | 465 |
| Assets | |||||||
| Gross block | 125 | 75.18 | 63.24 | 50.77 | 32.61 | 34.09 | 30.42 |
| Net block | 81.65 | 38.59 | 30.35 | 28.62 | 16.45 | 12.90 | 17.51 |
| Capital work in progress | 0.00 | 19.37 | 9.15 | 0.89 | 0.00 | 0.00 | 0.68 |
| Investments | 944 | 935 | 641 | 461 | 379 | 69.58 | 52.49 |
| Inventories | 77.61 | 86.12 | 103 | 78.00 | 72.55 | 33.22 | 46.34 |
| Sundry debtors | 95.75 | 47.71 | 116 | 71.49 | 20.65 | 63.72 | 25.51 |
| Cash & bank balances | 82.53 | 28.62 | 38.63 | 51.97 | 220 | 192 | 169 |
| Loans & advances | 254 | 249 | 475 | 904 | 638 | 25.65 | 17.10 |
| Total current assets | 510 | 412 | 733 | 1,106 | 952 | 315 | 258 |
| Total current liabilities | 144 | 127 | 232 | 294 | 63.60 | 38.82 | 33.15 |
| Net working capital | 366 | 285 | 501 | 812 | 888 | 276 | 225 |
| Total assets | 2,018 | 1,763 | 1,636 | 1,542 | 1,627 | 608 | 465 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 5.50 | 1.44 | 11.26 | 31.77 | 31.28 | 95.53 | (19.75) |
| Net cash from operating activities | 63.29 | 143 | (31.19) | (0.44) | 72.02 | (84.07) | (90.05) |
| Net cash from investing activities | (194) | (146) | (25.94) | (41.34) | (944) | (67.09) | 68.77 |
| Net cash from financing activities | 130 | 7.57 | 47.31 | 21.26 | 873 | 86.92 | 102 |
| Net change in cash | (0.80) | 4.06 | (9.82) | (20.51) | 0.49 | (64.25) | 80.65 |
| Closing cash | 82.53 | 28.62 | 38.63 | 51.97 | 220 | 192 | 169 |
| 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 | -15.1% | +34.4% | +13.5% | +46.8% | +28.7% | -28.6% | - |
| EBITDA growth | -18.2% | +46.1% | -99.7% | -326.1% | +695.7% | -178.8% | - |
| PBT growth | +16.1% | +3.6% | +23.0% | -37.2% | +171.5% | +106.0% | +9998.0% |
| Net income growth | -8.1% | -19.6% | +112.1% | -44.9% | +186.1% | +140.1% | - |
| Revenue CAGR (3Y) | +9.0% | +30.8% | +28.9% | +10.5% | +22.5% | +76.0% | - |
| EBITDA CAGR (3Y) | +8.4% | - | +199.6% | - | - | -43.7% | - |
| Profitability & leverage | |||||||
| Net income margin | +24.6% | +23.2% | +38.7% | +20.7% | +55.2% | +24.8% | +7.4% |
| Return on capital employed | +6.6% | +6.2% | +6.4% | +5.3% | +11.3% | +8.4% | +5.7% |
| Return on net worth | +5.1% | +6.1% | +8.1% | +3.8% | +9.7% | +6.8% | +3.5% |
| Debt / equity | 0.08 | 0.05 | 0.05 | 0.04 | 0.05 | 0.09 | 0.10 |
| Long-term debt / equity | 0.03 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.00 |
| Interest cover | -19.08 | -15.35 | -8.31 | -16.84 | 49.83 | -37.52 | -126.42 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.56 | 6.07 | 5.48 | 6.61 | 5.63 | 4.52 | 8.26 |
| Inventory turnover | 4.35 | 4.43 | 3.45 | 3.66 | 3.55 | 3.67 | 5.91 |
| Debtors turnover | 4.97 | 5.14 | 3.34 | 5.98 | 4.45 | 3.27 | 12.52 |
| EPS (βΉ) | 0.31 | 0.34 | 0.42 | 0.20 | 2.18 | 24.03 | 10.36 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 6.30 | 5.80 | 5.37 | 5.10 | 32.69 | 372.47 | 287.75 |
Investments & Acquisitions by Nykaa
Nykaa has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Aminu, Dot & Key and Earth Rhythm.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Offers balanced skincare solutions for various concerns like aging and hydration. | aminu.life | Mumbai, India | 2019 | Aug 2026 | $3.36M | |
Internet-first brand offering multi-category organic beauty products | earthrhythm.com | Gurugram, India | 2019 | Aug 2024 | $5.3M | |
Multi-category products are offered via an online marketplace. | lbb.in | Delhi, India | 2015 | Aug 2022 | $3.69M | |
Provider of nutritional supplements to improve health and wellness | nudgewellness.com | Gurugram, India | 2022 | Apr 2022 | $470,401 | |
Internet-first brand of sports wear for women | kicaactive.com | Delhi, India | 2017 | Apr 2022 | $589,818 | |
Internet-first brand of natural skincare products | dotandkey.com | Kolkata, India | 2018 | Sep 2021 | $13.08M | |
Fashion apparel and accessories for women are retailed online. | twentydresses.com | Mumbai, India | 2012 | Mar 2019 | β’β’β’β’ |
Complete acquisition details for Nykaa
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- Acquired stakes
- Deal sources
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Timeline of Nykaa
14 dated milestones of Nykaa across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Nykaa is founded.
- Funding First funding round of $3.3M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Twenty Dresses.
- Milestone Reaches Soonicorn status.
- Funding Latest funding round, Series E, of $24.7M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Dot & Key.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Kica.
- Acquisition Acquires Nudge Wellness.
- Acquisition Acquires Little Black Book.
- Acquisition Acquires Earth Rhythm.
- Acquisition Acquires Aminu.
Web traffic of Nykaa
The website of Nykaa (nykaa.com) receives about 21.1M visits a month and ranks #2,062 among all websites worldwide, #69 in Beauty and Cosmetics.
- Monthly visits21.1M
▲ 1.1% vs previous month
- Unique visitors10.3M
per month
- Global rank#2,062
among all websites
- Category rank#69
Lifestyle · Beauty and Cosmetics
- Bounce rate47%
- Pages per visit4.7
- Average visit1 min 57 sec
- DevicesDesktop 10% Β· Mobile 90%
Websites whose visitors overlap most with Nykaa. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| purplle.com | 100% | 2.4M | #18,058 | View details | |
tirabeauty.com | tirabeauty.com | 91% | #10,035 | β | |
| nykaaman.com | 89% | #16,923 | View details | ||
sephora.in | sephora.in | 87% | #117,487 | β | |
| myntra.com | 83% | 113.8M | #236 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for Nykaa
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Beauty & Skin Care Platforms
3 companies that operate in the same segment as Nykaa (Beauty & Skin Care Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Beauty and cosmetic products are retailed through an online platform. | 2011 | Mumbai, Maharashtra, India | USD 559.92 M | USD 166.71 M | 973 | |
Online brand offering mens grooming products | 2015 | Gurugram, Haryana, India | USD 52.66 M | |||
Retailer of perfumes, cosmetics, skincare, and related gift set items | 2012 | Gurugram, Haryana, India | USD 58.54 M |
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Related news about Nykaa
Complete news archive for Nykaa
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Articles about Nykaa on our blog
- Listed New-Age Tech Tracker: Market Cap, Revenue and Profit16 Oct 2026
- Startup Acquisitions in India, 2026: 15 Deals and Their Terms24 Sep 2026
- Top E-commerce Companies in India in 2026, Ranked by Revenue22 Jun 2021
- Top 10 Indian Start-ups Led by Women, Ranked by Funding (2026)06 May 2021
- Trademark Classes in India: How to Choose the Right One (2026)28 Apr 2020
Frequently Asked Questions about Nykaa
Nykaa was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Nykaa is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Falguni Nayar is the CEO of Nykaa, as recorded in our data. They have also founded this company.
Nykaa is a funded company, having raised a total of $88.91M across 7 funding rounds to date. The company's 1st funding round was a Series A of $3.33M, raised on Jul 2014.
Nykaa has 3,735 employees.
The primary company behind Nykaa, Fsn E-Commerce Ventures Limited, reported revenue of βΉ10,064 Cr for FY 2026, up 26% year on year.
Nykaa was founded in 2012 in Mumbai, India, as an e-commerce platform in the beauty and personal care sector. A curated selection of products from various brands is offered through its online store, enabling consumers to purchase cosmetics, skincare, haircare, and wellness items. Operations focus on direct-to-consumer sales, with emphasis on diverse beauty needs across the Indian market.
Nykaa offers Cosmetics and Beauty Products.
Yes, Nykaa is publicly traded on NSE under the ticker symbol NYKAA.
Nykaa has made 7 acquisitions, including Aminu, Dot & Key, and Earth Rhythm.
Nykaa has 59 investors. Key investors include KKR, Aza Fashions, TPG, Warburg Pincus, and Marico.
The valuation of Nykaa is $1.34B as of May 2020.

