🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Nykaa Expects Fashion Biz To Turn EBITDA Positive By FY26

Inc42 · 1y ago

Nykaa Expects Fashion Biz To Turn EBITDA Positive By FY26

Nykaa plans to achieve a positive EBITDA for its fashion business by the end of FY26 and increase it to 10% by FY27. The company also expects its beauty, personal care business to grow at a compound annual growth rate (CAGR) of mid-to-late 20% until FY28.

Related News

Nykaa shares inch up as retailer reports strong Q2 sales, positive full-year outlook

Economic Times

Economic Times · 1y ago

Nykaa shares inch up as retailer reports strong Q2 sales, positive full-year outlook

Beauty and fashion retailer Nykaa expects a 25% rise in net sales value (NSV) and 20% revenue growth in Q2, similar to its performance in Q1 of FY24. The company's flagship event, 'Hot Pink Sale', contributed to this growth. The beauty and personal care segment is the primary revenue contributor, with NSV expected to grow around 20% YoY. Nykaa Fashion also anticipates a 30% YoY increase in net sales value for the second quarter. Despite a lower share price since its listing, Nykaa remains positive about its performance, citing historical consumer demand in the second half of the year.

Nykaa expects Q1 consolidated revenue to grow in mid-twenties

Economic Times

Economic Times · 2y ago

Nykaa expects Q1 consolidated revenue to grow in mid-twenties

Nykaa, the Indian beauty and cosmetics platform, anticipates its consolidated revenue for the first quarter to experience mid-twenties growth. The company expects this growth despite the challenges posed by the COVID-19 pandemic and the temporary closure of offline stores. Nykaa's positive revenue outlook reflects its resilience and ability to adapt to changing market conditions while maintaining a strong online presence. Nykaa said its fashion business has witnessed relative resilience through gradual improvement in order volume with sustained average order value AOV.

'Quick commerce ops not hurting beauty biz, its aiding personal care'

Economic Times

Economic Times · 2m ago

'Quick commerce ops not hurting beauty biz, its aiding personal care'

Nykaa is cautiously approaching quick commerce, recognizing its beauty category isn't suited for rapid delivery, though personal care is gaining traction. Nykaa Now is curated separately for quick commerce. Despite the rapid expansion of rivals into beauty, Nykaa's beauty business has maintained strong growth. Nykaa's parent company reported rising profits and revenues, driven by beauty and personal care. The fashion segment is growing slower, but still outpacing industry growth, with a distinct positioning from fast-fashion competitors.

Blinkit Best Placed To Make The Most Of Quick Commerce Boom, Raise Zomato PT To INR 353: CLSA

Inc42 · 11m ago

Blinkit Best Placed To Make The Most Of Quick Commerce Boom, Raise Zomato PT To INR 353: CLSA

CLSA predicts that Blinkit, Zepto, and Swiggy Instamart will achieve a combined gross order value of $10 billion by FY26. They believe Zomato, as a listed company, will benefit the most in the quick commerce sector. Additionally, CLSA expects Blinkit's EBITDA and net profit to become positive by FY25. The brokerage firm has an outperform rating on Zomato and has raised its price target for the company to INR 353 from INR 350, taking into account its recent acquisition of Paytm ticketing.

Nykaa to pump in INR 150 Cr in its fashion vertical amid rising competition

Inc42 · 1y ago

Nykaa to pump in INR 150 Cr in its fashion vertical amid rising competition

Beauty and fashion e-commerce major Nykaa is planning to invest an additional INR 150 Cr in its fashion vertical, Nykaa Fashion Ltd. This strategic investment aims to provide long-term funds to Nykaa Fashion. Along with this, Nykaa will also acquire the lingerie and athleisure business from Nykaa Fashion for INR 229 Cr. The company reported a more than doubled net profit of INR 17.4 Cr in Q3 FY24, while its fashion vertical saw a 40% year-on-year growth in gross merchandise value. Nykaa faces competition from Myntra, Ajio, and Tata CliQ in the fashion e-commerce market.

Nykaa expects consolidated revenue to rise 22-23% in April-June quarter

Economic Times

Economic Times · 1y ago

Nykaa expects consolidated revenue to rise 22-23% in April-June quarter

Nykaa's parent company, FSN E-Commerce Ventures, expects a consolidated revenue growth of around 22-23% in the first quarter of FY25, with the beauty vertical showing strong momentum. However, the fashion industry is experiencing a soft demand environment, impacting growth. Nykaa's beauty vertical revenue is expected to grow by 22-23%, while the fashion vertical is projected to see a 20% YoY revenue growth. Despite challenges in the fashion industry, Nykaa remains optimistic about its performance.

Nykaa profit soars 80% to Rs 24.5 Cr in Q1 FY26

Entrackr

Entrackr · 16d ago

Nykaa profit soars 80% to Rs 24.5 Cr in Q1 FY26

Online beauty and fashion platform Nykaa reported strong growth in Q1 FY26, with its revenue from operations rising 23% year-on-year and profits surging nearly 80% during the quarter ending June 2026. According to its financial statements sourced from the National Stock Exchange (NSE), Nykaa's revenue from operations grew to Rs 2,155 crore in Q1 FY26, compared to Rs 1,746 crore in Q1 FY25. On a quarter-on-quarter basis, Nykaa’s operating revenue increased 5% to Rs 2,155 crore in Q1 FY26 from Rs 2,061 crore in Q4 FY25. The beauty segment accounted for 92% of the total revenue at Rs 1,975 crore, while the fashion segment contributed 8% of the operating income in the Q1 FY25. For Nykaa, the cost of materials constituted 56% of its total expenditure, rising to Rs 1,193 crore in Q1 FY26. Additional spending on employee benefits, finance, marketing, technology, and other overheads brought the company’s total costs to Rs 2,120 crore during the quarter. Steady growth in its scale helped Nykaa achieve nearly 80% increase in profit to Rs 24.5 crore in Q1 FY26, compared to Rs 13.64 crore in Q1 FY25. The Nykaa board has approved acquiring the remaining 40% stake in Nudge Wellness for Rs 0.15 crore, making it a wholly owned subsidiary. It has also approved additional share purchases in Earth Rhythm, increasing its stake to 75.83%. At the close of today's trading session, Nykaa's stock was priced at Rs 205.7, giving the company a market capitalization of Rs 58,828 crore (approx $6.7 billion).

UltraTech lines up Rs 10,000 cr capex for FY26 to bolster capacity

Economic Times

Economic Times · 1m ago

UltraTech lines up Rs 10,000 cr capex for FY26 to bolster capacity

UltraTech Cement plans to invest Rs 10,000 crore in FY26 to expand capacity and improve efficiency. The company achieved a significant capacity milestone of 188.8 MTPA and aims for 200 MTPA soon, driven by acquisitions like India Cements and Kesoram Industries. UltraTech expects cement demand growth of 6-7% in FY26, bolstered by government infrastructure investments. Despite recent market challenges, they foresee higher volume growth, improved margins, and a reduced net debt to EBITDA ratio.

Nykaa sues former executive Asthana who now heads Tata Cliq

Economic Times

Economic Times · 11m ago

Nykaa sues former executive Asthana who now heads Tata Cliq

Nykaa, a beauty and fashion product retailer, has filed a lawsuit against its former chief business officer, Gopal Asthana, who now heads Tata Digital's fashion business, Tata Cliq. Nykaa accuses Asthana of breaching confidentiality, misappropriating proprietary data, and attempting to harm its business by recruiting Nykaa employees to join Tata Cliq. Nykaa is seeking a refund of employee stock option benefits and damages amounting to Rs 24 crore. The Bombay High Court has ordered Asthana to refrain from hiring Nykaa executives for Tata Cliq. Both Nykaa and Tata Cliq have not commented on the matter.

Can Nykaa’s house-of-brands strategy be its next growth driver?

Livemint

Livemint · 1y ago

Can Nykaa’s house-of-brands strategy be its next growth driver?

Nykaa, the online beauty and fashion marketplace, is focused on becoming a "house of brands" rather than just a multi-brand retailer. The company has seen growth in the beauty segment, with brands such as Dot & Key, Nykaa Cosmetics, and Nykd by Nykaa gaining traction. However, progress has been slower in the fashion segment. Building a successful house of brands is challenging, and Nykaa will need to find ways to scale all of its brands to make the most of its investment and effort. The company is also facing competition from other marketplaces in the fashion category.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Just Months After Promotion, Open ...

Microsoft locks down a building a ...

Gaming Ban Stumps Cricket: Virat ...

Download the medial app to read full posts, comements and news.