Nykaa targets $5B GMV by FY30, plans 5x EBITDA jump and Tier-3 push
FSN E-Commerce unveiled FY30 roadmap: 2.5-3x revenue, 4-5x EBITDA with early-to-mid teens margins, and offline share rising from 17% to 30%. Plans expansion to 3,500 cities and 19,000 pin codes, Rs 5,000 cr private label book, and Tier-3+ markets to deliver 75% of GMV.
Nykaa unveiled FY30 targets at investor day: $5 billion+ GMV, 2.5-3x revenue, 4-5x EBITDA, early-to-mid teens margins. Plans 1,000+ global brands, Rs 5,000 cr private labels, offline share to 30%, expansion to 3,500 cities and Tier-3 markets.