Nykaa's $5bn FY30 revenue target resurfaces, spotlighting AI-led growth and retail expansion

Resurfacing a June 2026 disclosure, Nykaa reiterated its target of $5 billion in revenue by FY30, backed by AI initiatives and offline expansion. The company had reported a fourfold rise in Q4 profit and 28% beauty revenue growth, while approving an additional stake acquisition in Earth Rhythm.

— Filed Tue, 21 Jul, 2026, 16:33 IST · Source Financial Express · BrandWagon · Updated

Nykaa targets $5 billion revenue by FY30 through AI-led initiatives and retail expansion. Its Q4 profit rose fourfold and beauty revenue grew 28%; the company also approved an additional stake acquisition in Earth Rhythm.

Why this matters

The target follows Nykaa’s recent takeover of Kiehl’s India operations under an exclusive L’Oréal Luxe agreement, extending its role in premium beauty retail and its omni-channel footprint.

Omni-channel is steady, with 1,289 signals recorded over the past 90 days.