Nykaa targets Rs 6,000 crore GMV from owned brands by FY30

Beauty and lifestyle retailer FSN E-Commerce, which operates under the Nykaa brand, aims to triple the gross merchandise value (GMV) of its owned brands to Rs 6,000 crore by FY30, targeting a compounded annual growth rate (CAGR) of 30%.

As of the end of FY25, these brands—grouped under the “House of Nykaa”—contribute Rs 2,100 crore to the company’s overall GMV. Five of them have individually surpassed Rs 100 crore in GMV, with three exceeding Rs 200 crore.