Nykaa Targets $5 Bn GMV by FY30, Bets on Owned Brands and Fashion Profitability
At its Investor Day, Nykaa laid out FY30 ambitions: $5 Bn GMV, revenue up 2.5-3X, EBITDA 4-5X and ROCE over 40%. Owned brands are set to nearly triple to ₹5,000 Cr NSV, with fashion growing ~40% as the company chases its goal of becoming India's L'Oréal amid intensifying competition.
At its Investor Day, Nykaa set FY30 targets of $5 Bn GMV, 2.5-3X revenue and 4-5X EBITDA, betting on premium beauty, fashion profitability and owned brands aiming to become India's L'Oréal amid stiff competition.
Why this matters
The FY30 roadmap builds on Nykaa's FY26 profit tripling as Nayar doubles down on fashion, House of Brands and B2B tech, while K-beauty momentum across India boosts its core beauty business.
Retail-company signals steady at 3,986 over the past 90 days.
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