- #38 Harsh Mariwala & family ₹67,800 Cr

About Kaya Limited
Data last updated:
Kaya Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the online cosmetics retail segment of the e-commerce sector. It was incorporated on 27 March 2003 and has been in existence for over 23 years.
Its director Harsh Mariwala and family are #38 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L85190MH2003PLC139763. Its GSTIN is 27AACCK1045L1ZK (Maharashtra). The company holds 22 GST registrations, of which 18 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 539276 and NSE: KAYA.
The company has an authorised share capital of ₹34 Cr and a paid-up capital of ₹15.19 Cr. It was formerly known as Kaya Aesthetics Ltd and Kaya Skin Care Limited. It is led by directors including Harsh Charandas Mariwala (Managing Director) and Rishabh Harsh Mariwala.
Its last annual general meeting (AGM) was held on 05 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 23/C Mahal Industrial Estate Mahakali Caves Road Near Paperbox Lane Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹222.48 Cr, a growth of 2.4% compared to the previous year. For the same year it recorded a net loss of ₹96.88 Cr (net margin -43.5%) and EBITDA of -₹23.18 Cr (EBITDA margin -10.4%). Total assets are valued at ₹145.62 Cr (up 22.8% YoY).
The company has about 689 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kaya Clinic. As per MCA filings, the company has open charges of ₹13.09 Lakh and satisfied charges of ₹25.13 Cr on record. Court records list 79 cases involving the company, including 42 filed by the company and 37 filed against it; 22 cases are pending. The company has 13 deals on record (8 market trades, 4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹259.74 Cr; the latest was in August 2025. The company has 28 MSME Form 1 returns on record between 2015 and 2024, listing 220 overdue payments to 66 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kaya.in.
Company details
Name history
Kaya has undergone 3 name changes throughout its history. The company was previously known as Kaya Aesthetics Ltd, Kaya Skin Care Limited, and Kaya Beauty Service Ltd. The current legal name is Kaya Limited.
| Company Name | Status |
|---|---|
| Kaya Limited | Current |
| Kaya Aesthetics Ltd | Previous |
| Kaya Skin Care Limited | Previous |
| Kaya Beauty Service Ltd | Previous |
CIN history
Kaya has one previous CIN (Corporate Identification Number): U85190MH2003PLC139763. The current CIN is L85190MH2003PLC139763, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L85190MH2003PLC139763 | Current |
| U85190MH2003PLC139763 | Previous |
Recognitions & Rankings of Kaya
Contact details
Kaya Limited's registered office is in Mumbai, Maharashtra. Its website is kaya.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address23/C Mahal Industrial Estate Mahakali Caves Road Near Paperbox Lane Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryE-Commerce, Online Cosmetics Retail
To see the full contact details of Kaya Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Kaya operates one associated brand: Kaya Clinic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Skin and hair care solutions are provided by Kaya Clinic. | kaya.in |
Business activity
The main business activity of Kaya is personal and household service. In detail, this covers washing and cleaning of textile and fur products, hair dressing and other beauty treatment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S3 | Washing and cleaning of textile and fur products, Hair dressing and other beauty treatment |
To see the full business activity and turnover split of Kaya Limited, buy the company report.
Financials of Kaya Limited
FY 2025-26 filings availableKaya Limited reported revenue of ₹222.48 Cr (up 2.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · 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 | 222 | 217 | 205 | 377 | 324 | 275 | 393 |
| Revenue growth | +2.5% | +5.8% | -45.5% | +16.3% | +17.8% | -30.1% | - |
| EBITDA | (23.18) | 19.64 | (71.65) | (18.72) | 18.88 | 26.93 | 55.63 |
| EBITDA margin | -10.4% | +9.0% | -34.9% | -5.0% | +5.8% | +9.8% | +14.2% |
| Profit before tax | (96.18) | 83.69 | (130) | (116) | (67.94) | (37.41) | (33.04) |
| Net profit | (96.88) | 69.67 | (131) | (117) | (69.38) | (38.45) | (55.39) |
| Net profit margin | -43.6% | +32.1% | -64.0% | -31.2% | -21.4% | -14.0% | -14.1% |
| EPS (₹) | (63.32) | 63.89 | (98.91) | (89.15) | (52.69) | (29.10) | (41.66) |
| Balance sheet | |||||||
| Total assets | 146 | 119 | 84.24 | 160 | 212 | 229 | 262 |
| Net worth | (153) | (139) | (227) | (104) | (1.56) | 54.48 | 81.64 |
| Total debt | 296 | 256 | 301 | 249 | 204 | 160 | 167 |
| Cash & bank | 1.56 | 7.39 | 18.09 | 53.97 | 25.90 | 12.78 | 7.79 |
| Net working capital | (98.73) | (56.19) | (137) | (88.22) | (68.97) | (72.34) | (70.86) |
| Cash flow | |||||||
| Cash from operations | 20.57 | 1.21 | 38.79 | 62.78 | 29.89 | 31.61 | 47.26 |
| Cash from investing | (63.10) | 24.93 | (8.38) | (39.13) | (34.13) | 4.07 | (11.65) |
| Cash from financing | 36.69 | (36.95) | (37.55) | (18.33) | 11.85 | (30.74) | (46.93) |
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 55.80 | 60.04 | 53.85 | 52.79 | 54.69 | 58.12 | 52.52 | 51.85 |
| Revenue growth (YoY) | +2.0% | +3.3% | +2.5% | +1.8% | +5.5% | - | - | - |
| Other income | 5.74 | 1.66 | 4.42 | 0.61 | 8.59 | 16.38 | 0.77 | 113 |
| EBITDA | (12.68) | (16.64) | (3.36) | 3.71 | 1.71 | 4.76 | 0.81 | 5.77 |
| EBITDA margin | -22.7% | -27.7% | -6.2% | +7.0% | +3.1% | +8.2% | +1.5% | +11.1% |
| Depreciation | 11.62 | 11.56 | 10.91 | 9.92 | 9.45 | 9.70 | 9.39 | 9.10 |
| Interest | 9.20 | 9.02 | 8.92 | 8.49 | 7.87 | 7.76 | 7.86 | 7.17 |
| Profit before tax | (27.76) | (35.56) | (18.77) | (14.09) | (7.02) | 3.68 | (15.67) | 103 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (27.76) | (35.56) | (18.77) | (14.09) | (7.02) | 3.68 | (15.67) | 103 |
| EPS (₹) | (18.28) | (23.41) | (13.18) | (10.76) | (5.36) | 2.81 | (11.97) | 78.60 |
| 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 | 222 | 217 | 210 | 178 | 141 | 117 | 204 |
| Revenue growth | +2.3% | +3.4% | +18.0% | +26.5% | +20.4% | -42.7% | - |
| EBITDA | (23.18) | 26.49 | (80.71) | (26.21) | 14.20 | 17.95 | 36.89 |
| EBITDA margin | -10.4% | +12.2% | -38.4% | -14.7% | +10.1% | +15.3% | +18.1% |
| Profit before tax | (96.14) | (26.51) | (139) | (85.47) | (25.47) | (14.14) | (12.89) |
| Net profit | (96.84) | (38.88) | (141) | (86.48) | (26.02) | (14.59) | (34.93) |
| Net profit margin | -43.5% | -17.9% | -67.0% | -48.5% | -18.5% | -12.5% | -17.1% |
| EPS (₹) | (63.30) | (20.24) | (106.18) | (65.44) | (19.50) | (10.81) | (25.98) |
| Balance sheet | |||||||
| Total assets | 146 | 119 | 104 | 186 | 246 | 207 | 219 |
| Net worth | (153) | (139) | (117) | 15.87 | 90.11 | 102 | 115 |
| Total debt | 296 | 256 | 220 | 168 | 154 | 103 | 103 |
| Cash & bank | 1.56 | 6.63 | 8.46 | 15.76 | 7.69 | 2.46 | 1.26 |
| Net working capital | (98.73) | (56.95) | (69.63) | (59.53) | (34.53) | (23.92) | (28.35) |
| Cash flow | |||||||
| Cash from operations | 20.61 | 14.58 | 40.19 | 47.31 | 34.44 | 18.11 | 32.24 |
| Cash from investing | (62.39) | 13.93 | (34.54) | (1.46) | (74.25) | (7.07) | (11.76) |
| Cash from financing | 36.69 | (30.43) | (12.96) | (31.78) | 39.52 | (9.88) | (23.87) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 60.14 | 55.80 | 60.04 | 53.85 | 52.79 | 54.69 | 58.35 | 52.35 |
| Revenue growth (YoY) | +13.9% | +2.0% | +2.9% | +2.9% | +1.5% | - | - | - |
| Other income | 1.14 | 5.74 | 1.66 | 4.41 | 0.61 | 4.45 | 1.12 | 0.98 |
| Total expenses | 56.28 | 68.48 | 76.67 | 57.18 | 49.06 | 48.79 | 57.40 | 46.71 |
| EBITDA | 3.86 | (12.68) | (16.63) | (3.33) | 3.73 | 5.90 | 0.95 | 5.64 |
| EBITDA margin | +6.4% | -22.7% | -27.7% | -6.2% | +7.1% | +10.8% | +1.6% | +10.8% |
| Depreciation | 10.84 | 11.62 | 11.56 | 10.91 | 9.92 | 9.45 | 9.70 | 9.39 |
| Interest | 9.34 | 9.20 | 9.02 | 8.92 | 8.49 | 7.87 | 7.76 | 7.86 |
| Profit before tax | (15.18) | (27.76) | (35.55) | (18.75) | (14.07) | (6.97) | (15.39) | (10.63) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 55.80 | 60.04 | 53.85 | 52.79 | 54.69 | 58.12 | 52.52 | 51.85 |
| Revenue growth (YoY) | +2.0% | +3.3% | +2.5% | +1.8% | +5.5% | - | - | - |
| Other income | 5.74 | 1.66 | 4.42 | 0.61 | 8.59 | 16.38 | 0.77 | 113 |
| EBITDA | (12.68) | (16.64) | (3.36) | 3.71 | 1.71 | 4.76 | 0.81 | 5.77 |
| EBITDA margin | -22.7% | -27.7% | -6.2% | +7.0% | +3.1% | +8.2% | +1.5% | +11.1% |
| Depreciation | 11.62 | 11.56 | 10.91 | 9.92 | 9.45 | 9.70 | 9.39 | 9.10 |
| Interest | 9.20 | 9.02 | 8.92 | 8.49 | 7.87 | 7.76 | 7.86 | 7.17 |
| Profit before tax | (27.76) | (35.56) | (18.77) | (14.09) | (7.02) | 3.68 | (15.67) | 103 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (27.76) | (35.56) | (18.77) | (14.09) | (7.02) | 3.68 | (15.67) | 103 |
| EPS (₹) | (18.28) | (23.41) | (13.18) | (10.76) | (5.36) | 2.81 | (11.97) | 78.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 222 | 217 | 205 | 377 | 324 | 275 | 393 |
| Revenue growth | +2.5% | +5.8% | -45.5% | +16.3% | +17.8% | -30.1% | - |
| Other income | 8.69 | 134 | 4.61 | 4.51 | 11.78 | 14.79 | 8.62 |
| Total expenses | 246 | 198 | 277 | 395 | 305 | 248 | 338 |
| Employee cost | 70.05 | 60.76 | 54.34 | 174 | 139 | 115 | 146 |
| EBITDA | (23.18) | 19.64 | (71.65) | (18.72) | 18.88 | 26.93 | 55.63 |
| EBITDA margin | -10.4% | +9.0% | -34.9% | -5.0% | +5.8% | +9.8% | +14.2% |
| Depreciation | 44.01 | 37.64 | 35.25 | 60.55 | 77.84 | 60.14 | 75.26 |
| Interest | 37.68 | 32.41 | 27.37 | 41.51 | 20.76 | 18.99 | 22.03 |
| Profit before tax | (96.18) | 83.69 | (130) | (116) | (67.94) | (37.41) | (33.04) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21.07 |
| Net profit | (96.88) | 69.67 | (131) | (117) | (69.38) | (38.45) | (55.39) |
| Net profit margin | -43.6% | +32.1% | -64.0% | -31.2% | -21.4% | -14.0% | -14.1% |
| EPS (₹) | (63.32) | 63.89 | (98.91) | (89.15) | (52.69) | (29.10) | (41.66) |
| 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 | 15.19 | 13.10 | 13.06 | 13.06 | 13.06 | 13.06 | 13.06 |
| Reserves & surplus | (168) | (153) | (240) | (117) | (14.62) | 41.42 | 68.58 |
| Shareholders' funds (net worth) | (153) | (139) | (227) | (104) | (1.56) | 54.48 | 81.64 |
| Minority interest | 0.00 | 0.00 | (0.01) | 0.67 | 0.53 | 0.37 | 0.67 |
| Secured loans | 0.00 | 0.00 | 15.63 | 50.36 | 7.54 | 14.63 | 22.17 |
| Unsecured loans | 296 | 256 | 286 | 198 | 196 | 146 | 145 |
| Total debt | 296 | 256 | 301 | 249 | 204 | 160 | 167 |
| Total liabilities | 146 | 119 | 84.24 | 160 | 212 | 229 | 262 |
| Assets | |||||||
| Gross block | 300 | 232 | 416 | 465 | 432 | 416 | 487 |
| Net block | 193 | 158 | 174 | 217 | 240 | 279 | 303 |
| Capital work in progress | 0.16 | 1.31 | 1.20 | 2.30 | 2.05 | 1.44 | 0.90 |
| Investments | 38.69 | 3.63 | 29.12 | 21.02 | 25.63 | 11.35 | 18.78 |
| Inventories | 20.13 | 25.75 | 28.62 | 29.47 | 26.95 | 27.63 | 36.00 |
| Sundry debtors | 0.55 | 2.11 | 3.92 | 3.54 | 3.82 | 3.31 | 5.14 |
| Cash & bank balances | 1.56 | 7.39 | 18.09 | 53.97 | 25.90 | 12.78 | 7.79 |
| Loans & advances | 11.32 | 26.75 | 23.83 | 34.57 | 23.27 | 22.80 | 27.02 |
| Total current assets | 33.56 | 62.00 | 74.46 | 122 | 79.94 | 66.52 | 75.95 |
| Total current liabilities | 132 | 118 | 211 | 210 | 149 | 139 | 147 |
| Net working capital | (98.73) | (56.19) | (137) | (88.22) | (68.97) | (72.34) | (70.86) |
| Total assets | 146 | 119 | 84.24 | 160 | 212 | 229 | 262 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 7.24 | 18.04 | 25.17 | 19.85 | 12.25 | 7.31 | 18.62 |
| Net cash from operating activities | 20.57 | 1.21 | 38.79 | 62.78 | 29.89 | 31.61 | 47.26 |
| Net cash from investing activities | (63.10) | 24.93 | (8.38) | (39.13) | (34.13) | 4.07 | (11.65) |
| Net cash from financing activities | 36.69 | (36.95) | (37.55) | (18.33) | 11.85 | (30.74) | (46.93) |
| Net change in cash | (5.85) | (10.80) | (7.13) | 5.32 | 7.60 | 4.94 | (11.31) |
| Closing cash | 1.56 | 7.39 | 18.09 | 53.97 | 25.90 | 12.78 | 7.79 |
| 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 | +2.5% | +5.8% | -45.5% | +16.3% | +17.8% | -30.1% | - |
| EBITDA growth | -218.0% | +127.4% | -282.8% | -199.2% | -29.9% | -51.6% | - |
| PBT growth | - | +9998.0% | -11.5% | -71.1% | -81.6% | -13.2% | -56.6% |
| Net income growth | -239.1% | +153.1% | -11.8% | -69.3% | -80.4% | +30.6% | - |
| Revenue CAGR (3Y) | -16.1% | -12.5% | -9.3% | -1.4% | -8.4% | -11.8% | -1.3% |
| EBITDA CAGR (3Y) | +7.4% | +1.3% | - | - | +12.8% | +169.2% | - |
| Profitability & leverage | |||||||
| Net income margin | -43.2% | +38.5% | -63.2% | -30.9% | -21.0% | -13.6% | -13.8% |
| Return on capital employed | 0.0% | -4.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | 0.0% | +164.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 6.87 | 2.41 | 0.84 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 5.18 | 1.78 | 0.60 |
| Interest cover | -56.08 | -180.06 | -25.60 | -52.37 | -35.21 | -57.18 | -112.23 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.84 | 0.67 | 0.47 | 0.84 | 0.76 | 0.61 | 1.04 |
| Inventory turnover | 9.70 | 7.99 | 7.06 | 13.35 | 11.87 | 8.64 | 9.93 |
| Debtors turnover | 167.28 | 72.03 | 55.01 | 102.37 | 90.88 | 65.08 | 74.69 |
| EPS (₹) | (63.32) | 63.89 | (98.91) | (89.15) | (52.69) | (29.10) | (41.66) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (100.58) | (106.47) | (173.59) | (79.41) | (1.19) | 41.70 | 62.49 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 60.14 | 55.80 | 60.04 | 53.85 | 52.79 | 54.69 | 58.35 | 52.35 |
| Revenue growth (YoY) | +13.9% | +2.0% | +2.9% | +2.9% | +1.5% | - | - | - |
| Other income | 1.14 | 5.74 | 1.66 | 4.41 | 0.61 | 4.45 | 1.12 | 0.98 |
| Total expenses | 56.28 | 68.48 | 76.67 | 57.18 | 49.06 | 48.79 | 57.40 | 46.71 |
| EBITDA | 3.86 | (12.68) | (16.63) | (3.33) | 3.73 | 5.90 | 0.95 | 5.64 |
| EBITDA margin | +6.4% | -22.7% | -27.7% | -6.2% | +7.1% | +10.8% | +1.6% | +10.8% |
| Depreciation | 10.84 | 11.62 | 11.56 | 10.91 | 9.92 | 9.45 | 9.70 | 9.39 |
| Interest | 9.34 | 9.20 | 9.02 | 8.92 | 8.49 | 7.87 | 7.76 | 7.86 |
| Profit before tax | (15.18) | (27.76) | (35.55) | (18.75) | (14.07) | (6.97) | (15.39) | (10.63) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 | 222 | 217 | 210 | 178 | 141 | 117 | 204 |
| Revenue growth | +2.3% | +3.4% | +18.0% | +26.5% | +20.4% | -42.7% | - |
| Other income | 8.68 | 17.05 | 4.61 | 3.86 | 8.91 | 12.51 | 8.56 |
| Total expenses | 246 | 191 | 291 | 205 | 127 | 99.12 | 167 |
| Employee cost | 70.05 | 60.76 | 54.34 | 61.83 | 43.10 | 32.02 | 53.85 |
| EBITDA | (23.18) | 26.49 | (80.71) | (26.21) | 14.20 | 17.95 | 36.89 |
| EBITDA margin | -10.4% | +12.2% | -38.4% | -14.7% | +10.1% | +15.3% | +18.1% |
| Depreciation | 44.01 | 37.64 | 35.25 | 29.82 | 34.86 | 32.23 | 44.50 |
| Interest | 37.63 | 32.41 | 27.37 | 33.30 | 13.72 | 12.37 | 13.84 |
| Profit before tax | (96.14) | (26.51) | (139) | (85.47) | (25.47) | (14.14) | (12.89) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21.07 |
| Net profit | (96.84) | (38.88) | (141) | (86.48) | (26.02) | (14.59) | (34.93) |
| Net profit margin | -43.5% | -17.9% | -67.0% | -48.5% | -18.5% | -12.5% | -17.1% |
| EPS (₹) | (63.30) | (20.24) | (106.18) | (65.44) | (19.50) | (10.81) | (25.98) |
| 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 | 15.19 | 13.10 | 13.06 | 13.06 | 13.06 | 13.06 | 13.06 |
| Reserves & surplus | (168) | (153) | (130) | 2.81 | 77.05 | 88.89 | 102 |
| Shareholders' funds (net worth) | (153) | (139) | (117) | 15.87 | 90.11 | 102 | 115 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 296 | 256 | 220 | 168 | 154 | 103 | 103 |
| Total debt | 296 | 256 | 220 | 168 | 154 | 103 | 103 |
| Total liabilities | 146 | 119 | 104 | 186 | 246 | 207 | 219 |
| Assets | |||||||
| Gross block | 300 | 232 | 208 | 174 | 147 | 143 | 219 |
| Net block | 193 | 158 | 132 | 94.61 | 80.31 | 91.76 | 113 |
| Capital work in progress | 0.16 | 1.31 | 1.20 | 0.81 | 1.13 | 0.89 | 0.49 |
| Investments | 38.69 | 4.39 | 31.29 | 142 | 187 | 126 | 118 |
| Inventories | 20.13 | 25.75 | 20.46 | 21.38 | 20.73 | 22.83 | 29.62 |
| Sundry debtors | 0.55 | 2.11 | 4.85 | 4.98 | 5.08 | 4.57 | 6.42 |
| Cash & bank balances | 1.56 | 6.63 | 8.46 | 15.76 | 7.69 | 2.46 | 1.26 |
| Loans & advances | 11.32 | 26.75 | 12.81 | 15.17 | 8.90 | 16.38 | 18.63 |
| Total current assets | 33.56 | 61.24 | 46.58 | 57.29 | 42.40 | 46.24 | 55.93 |
| Total current liabilities | 132 | 118 | 116 | 117 | 76.93 | 70.16 | 84.28 |
| Net working capital | (98.73) | (56.95) | (69.63) | (59.53) | (34.53) | (23.92) | (28.35) |
| Total assets | 146 | 119 | 104 | 186 | 246 | 207 | 219 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.48 | 8.41 | 15.71 | 1.65 | 1.93 | 0.78 | 4.17 |
| Net cash from operating activities | 20.61 | 14.58 | 40.19 | 47.31 | 34.44 | 18.11 | 32.24 |
| Net cash from investing activities | (62.39) | 13.93 | (34.54) | (1.46) | (74.25) | (7.07) | (11.76) |
| Net cash from financing activities | 36.69 | (30.43) | (12.96) | (31.78) | 39.52 | (9.88) | (23.87) |
| Net change in cash | (5.09) | (1.93) | (7.30) | 14.06 | (0.29) | 1.16 | (3.39) |
| Closing cash | 1.56 | 6.63 | 8.46 | 15.76 | 7.69 | 2.46 | 1.26 |
| 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 | +2.3% | +3.4% | +18.0% | +26.5% | +20.4% | -42.7% | - |
| EBITDA growth | -187.5% | +132.8% | -207.9% | -284.6% | -20.9% | -51.3% | - |
| PBT growth | -262.7% | +80.9% | -62.3% | -235.6% | -80.1% | -9.7% | -35.8% |
| Net income growth | -149.1% | +72.4% | -62.8% | -232.4% | -78.3% | +58.2% | - |
| Revenue CAGR (3Y) | +7.7% | +15.6% | +21.6% | -4.4% | -12.4% | -16.5% | +1.7% |
| EBITDA CAGR (3Y) | -4.0% | +23.1% | - | - | +58.3% | - | - |
| Profitability & leverage | |||||||
| Net income margin | -43.2% | -12.2% | -66.0% | -47.9% | -18.1% | -12.1% | -16.6% |
| Return on capital employed | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 3.04 | 1.34 | 0.95 | 0.37 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 2.62 | 1.11 | 0.75 | 0.29 |
| Interest cover | -56.01 | -290.67 | -23.60 | -59.43 | -66.41 | -86.62 | -181.87 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.84 | 0.99 | 1.10 | 1.11 | 0.97 | 0.65 | 1.40 |
| Inventory turnover | 9.70 | 9.41 | 10.05 | 8.47 | 6.47 | 4.46 | 6.42 |
| Debtors turnover | 167.28 | 62.48 | 42.79 | 35.45 | 29.20 | 21.30 | 34.17 |
| EPS (₹) | (63.30) | (20.24) | (106.18) | (65.44) | (19.50) | (10.81) | (25.98) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (100.58) | (106.47) | (89.40) | 12.15 | 68.98 | 78.04 | 87.99 |
To see the full year-wise statements and ratios of Kaya Limited, buy the company report.
Board of directors of Kaya Limited
Kaya has 8 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishabh Harsh Mariwala Also directs: Marico Limited, Harsh Mariwala Enterprises LLP, Sharrp Ventures Capital Private Limited and 4 more | Director | 19 May 2021 | 5 Years 5 Months | Current |
| Rajendra Kishore Mariwala | Director | 01 Nov 2011 | 14 Years 11 Months | Current |
| Nikhil Khattau Nirvan Also directs: Marico Limited, Torrent Pharmaceuticals Ltd, Eatclub Brands Private Limited and 1 more | Director | 30 Mar 2015 | 11 Years 7 Months | Current |
| Harsh Charandas Mariwala Also directs: Marico Limited, Eternis Fine Chemicals Limited, Harsh Mariwala Enterprises LLP and 5 more | Managing Director | 27 Mar 2003 | 23 Years 7 Months | Current |
| Om Prakash Manchanda | Director | 03 Aug 2021 | 5 Years 2 Months | Current |
| Vasuta Agarwal | Director | 03 Aug 2021 | 5 Years 2 Months | Current |
Auditor
Kaya Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 51.40%, foreign institutional investors hold 0.70%, domestic institutional investors hold 3.00% and retail and other public shareholders hold 44.90%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 51.40% | 51.40% | 51.40% | 51.40% |
| Public | 48.60% | 48.60% | 48.60% | 48.60% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2017 | 100105326 | Standard Chartered Bank | ₹10 Cr | Satisfied | |
| 19 Sep 2014 | 10521879 | Citi Bank N.A. | ₹13.09 Lakh | Satisfied | |
| 06 Dec 2013 | 10469073 | Kotak Mahindra Bank Limited | ₹15 Cr | Satisfied |
To see the full charge records of Kaya Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Kaya Limited has 13 deals on record (8 market trades, 4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹259.74 Cr; the latest was in August 2025.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2025 | Funding round | ₹75 Cr | Investors: Axana Estates LLP |
| Jun 2024 | Market trade | ₹5.45 Cr | Buyer: Multiplier Share and Stock Advisors Private Limited Seller: Multiplier Share and Stock Advisors Private Limited |
| Jun 2024 | Market trade | ₹39.31 Cr | Buyer: Graviton Research Capital LLP , Aakraya Research LLP , Qe Securities LLP , an individual Seller: Graviton Research Capital LLP , Aakraya Research LLP , Qe Securities LLP , an individual |
| Jun 2024 | Market trade | ₹49.74 Cr | Buyer: Mansi Share And Stock Advisors Pvt Ltd, Stock Vertex Ventures, Setu Securities Private Limited Seller: Mansi Share And Stock Advisors Pvt Ltd, Setu Securities Private Limited , Stock Vertex Ventures |
| Jun 2015 | Funding round | ₹12.9 Cr | Investors: Marico Kaya Enterprises Limited |
To see the full deal history of Kaya Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kaya Limited has 79 court cases on record: 42 filed by Kaya, 37 filed against it. 22 cases are pending and 57 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 40 | 23 | 11 |
| High courts | 39 | 14 | 11 |
Cases on record (5 of 79)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kozhikode, Kerala | Civil suit | Filed against the company by M/S. Kaya E Retail Private Limited and 1 other | Pending |
| District court, Central, Delhi | Court case (L I D) | Filed against the company by Madan Lal | Pending |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against M/S. Acara Wellness Private Limited & Ors | Pending |
| District court, Kozhikode, Kerala | Civil suit | Filed against the company by Kaya E -Retail Private Limited and 1 other | Disposed |
| District court, Bilaspur, Chhattisgarh | Court case (OTHER TRIBUNALS) | Filed against the company by South Eastern Coalfields Ltd. | Disposed |
To see the full case history of Kaya Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Kaya Limited has 28 MSME Form 1 returns on record between 2015 and 2024, listing 220 overdue payments to 66 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 66)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Buzil Rossari Private Limited | |||
| an individual supplier | |||
| Printmann Offset Private Limited CN | |||
| Skin Aesthetics International Private Limited | |||
| Sekhmet Technologies Private Limited |
To see the full MSME payment records of Kaya Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kaya Limited has a workforce of 689 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Kaya has 22 GST registrations: 18 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK1045L1ZK | Maharashtra | Active | 01 Jul 2017 |
| 03AACCK1045L1ZU | Punjab | Active | 01 Jul 2017 |
| 04AACCK1045L1ZS | Chandigarh | Active | 01 Jul 2017 |
| 05AACCK1045L1ZQ | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kaya Limited, buy the company report.
Recent activity
Kaya Limited has 22 board changes on record since 2003: 15 appointments and 7 cessations. The latest: Anita Belani was appointed as Director on 01 Apr 2025.
20 earlier events are in the company report.
News
Frequently asked questions
Kaya is an active public limited company based in Mumbai, Maharashtra, India. The company works in online cosmetics retail, within the e-commerce industry. It was incorporated on 27 March 2003 (23+ years old) and is registered under CIN L85190MH2003PLC139763. Listed on BSE: 539276 and NSE: KAYA.
Kaya reported revenue of ₹222.48 Cr for FY 2025-26 (up 2.4% YoY) based on consolidated financials.
Kaya has 8 current directors:
- Harsh Charandas Mariwala - Managing Director
- Rishabh Harsh Mariwala - Director
- Rajendra Kishore Mariwala - Director
- Nikhil Khattau Nirvan - Director
- Om Prakash Manchanda - Director
- Vasuta Agarwal - Director
- Anita Belani - Director
- Vivek Anant Karve - Director
The latest financial statements of Kaya on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 05 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kaya is 27AACCK1045L1ZK, registered in Maharashtra. The company has 22 GST registrations in all, of which 18 are active and 4 are cancelled or inactive. Other active GSTINs include 03AACCK1045L1ZU (Punjab), 04AACCK1045L1ZS (Chandigarh), 05AACCK1045L1ZQ (Uttarakhand).
The CIN (Corporate Identification Number) of Kaya is L85190MH2003PLC139763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Kaya is a listed company as per MCA records. Its shares are listed on both BSE (code: 539276) and NSE (symbol: KAYA).
Kaya has 79 court cases on record: 42 filed by the company and 37 filed against it. 22 are pending. Most are in the district courts.
Kaya was incorporated on 27 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Kaya has 13 deals on record (8 market trades, 4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹259.74 Cr; the latest was in August 2025.
Anita Belani was appointed as Director on 01 Apr 2025. Vivek Anant Karve was appointed as Director on 01 Apr 2025. Nagesh Satyanarayan Basavanhalli ceased to be Director on 31 Mar 2025. Kaya has 22 board changes on record in total.

