Nykaa E-Retail CEO Anchit Nayar said Nykaa Fashion’s EBITDA has been around negative 10% for some time and it is expected to become positive by the end of FY26 Nykaa is aiming to achieve a mid-single-digit EBITDA margin by FY27 and then increase it to 10% The Falguni Nayar-led company also expects its BPC business to grow at a CAGR of mid-to-late 20% till FY28 Beauty and fashion ecommerce major Nykaa expects its fashion business, Nykaa Fashion, to turn EBITDA positive by the end of the financial year 2025-26 (FY26). Speaking during Nykaa’s ‘Annual Investor Day’ event, Nykaa E-Retail CEO Anchit Nayar said, “Our business is growing rapidly. We’ve managed to maintain our EBITDA at a level of negative 10%.
By the end of the financial year 2026, we are confident that we will achieve positive EBITDA.” It is pertinent to note that Nykaa Fashion’s EBITDA margin stood at -10.3% in FY24.
By FY27, the company aims to achieve mid-single-digit EBITDA margin, progressing to 10% thereafter, Nayar added. He also said that the fashion vertical is filling in the gap in the market when it comes to premium platforms and it will continue to focus on this. “We are receiving tremendous love from consumers who resonate with our offerings and how we add value to their lifestyle.
Our metrics have been tracking very well. Unique visitors have been increasing steadily. Moreover, we are seeing a higher number of annual transacting customers and a rise in orders.
Importantly, our convers.