Nykaa Sets Sights on 3X-4X Fashion Growth, Targets EBITDA Breakeven in FY '26

Nykaa sets sights on 3X-4X fashion growth, targets EBITDA breakeven in FY '26

Nykaa’s parent, FSN E-Commerce Ventures, is focusing more aggressively on fashion and plans to increase the vertical three to four times in the next five years. It is relying on high customer retention and margin expansion to fuel the push and estimates Nykaa Fashion to become EBITDA-positive as early as FY ’26. In the last […] The post Nykaa sets sights on 3X-4X fashion growth, targets EBITDA breakeven in FY ’26 appeared first on Apparel Resour…

Nykaa Targets Fashion Business EBITDA Break-Even In FY26

Listed beauty major Nykaa is targeting EBITDA (Earnings before interest, tax, depreciation and amortization) break-even for its fashion vertical in the ongoing financial year (FY26). As per the company’s investor presentation, Nykaa is planning to grow its fashion vertical by 3-4X in the next five years, on the back of product line expansion and new customer acquisition. The company’s fashion segment has grown at a 55% compound annual growth rat…