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ANCHIT NAYAR
Nykaa reappoints Adwaita and Anchit Nayar to board for new five-year termsFSN E-Commerce Ventures, Nykaa's parent company, has approved the reappointment of Adwaita Nayar and Anchit Nayar as whole-time directors f...
Nykaa reports 2.5x rise in Q3 net profit to Rs 68 crore, revenue jumps 27%Nykaa's parent company FSN E-Commerce Ventures saw its net profit surge 2.5 times to Rs 67.7 crore in the December quarter. This growth was...
Nykaa reports 79% rise in Q1 net profitNykaa's parent company, FSN E-Commerce, witnessed a substantial 79% surge in net profit, reaching Rs 24.47 crore in the fiscal first quarte...
Add FSN E-Commerce Ventures, target price Rs 180: HDFC SecuritiesHDFC Securities recommends an Add call on Nykaa with a target price of Rs 180. Nykaa, a small cap in the services sector, reported a signif...
Nykaa’s Q3 net profit jumps 52% to Rs 26.4 croreThe Mumbai-based fashion and beauty retailer’s operating revenue grew 26.7% YoY to Rs 2,267.2 crore, while its GMV expanded 25% to Rs 4,527...
Quick commerce is not creating new demand: Nykaa Beauty CEO Anchit NayarAnchit Nayar said quick commerce is mostly taking demand from horizontal platforms and kirana stores. Nykaa’s strategy is to create demand ...
Nykaa’s Q2 net profit climbs 66% to Rs 13 crore; revenue up 24%The company is making deliveries quicker without significant investments that could affect profitability or revenue margins, Anchit Nayar, ...
We believe in India & the consumption story. We do not get impacted by share price: Anchit Nayar, NykaaNykaa's top executives, Anchit and Adwaita Nayar, discuss their omni-channel expansion strategy in the Middle East, focusing on a high cons...
If I am zero to one for Nykaa, Anchit is one to 100 and that makes us a good fit: Adwaita NayarAdwaita and Anchit Nayar, leaders at Nykaa, highlight their complementary roles in driving the company's success. They share insights on In...
Buy FSN E-Commerce Ventures, target price Rs 210: JM FinancialPromoters held 52.28 per cent stake in the company as of 31-Mar-2023, while FIIs owned 12.26 per cent, DIIs 7.86 per cent.
Premium beauty products’ demand to outpace mass segment: NykaaNykaa said that it has recorded $80 (about Rs 6,500) per customer spend in the BPC category in the past 12 months, which is significantly h...
Reduce FSN E-Commerce Ventures, target price Rs 110: HDFC SecuritiesMost of the fulfilment efficiency gains seem behind (especially in BPC); there may be room in customer acquisition costs (CAC) and product ...
Sell FSN E-Commerce Ventures, target price Rs 125: HDFC SecuritiesThe brokerage has slashed its FY24/25 EBITDA estimates by 8% each to account for higher gestation in fashion/B2B biz.
Add FSN E-Commerce Ventures, target price Rs 145: ICICI SecuritiesFSN E-Commerce Ventures, incorporated in the year 2012, is a Small Cap company (having a market cap of Rs 35631.40 Crore) operating in Serv...
Nykaa, Estee Lauder launch incubation and accelerator programme, Beauty&You IndiaThe programme, Beauty&You India will give a non-equity grant of up to $500,000 (Rs 4 crore) to winner companies, Anchit Nayar, chief execut...
Focus is on fundamentals, not valuation, says Nykaa CEO Falguni Nayar‘All we can do is deliver on the fundamentals and if the valuation goes up or down with the broader market, there is nothing that we can do...
Nykaa 'lambi race ki ghodi hai', bet on us for the long term: Falguni Nayar“Over the next few years, consumers will consume more beauty and fashion and all lifestyle segments that we cater to. Many of them are choo...
Wedding season is here! Nykaa founder's daughter, Adwaita, marries Anubhav Gupta in a fairytale ceremonyThe wedding comes on the back of a Valentine’s Day proposal earlier this year.
Wedding bells: Nykaa boss Falguni Nayar's daughter set to tie the knot this yearAdwaita Nayar will get married later in the year to Anubhav Gupta.
Being fashion forward: Nykaa will diversify, but does Falguni Nayar have enough ammunition to make it big?The seven-year-old specialised online beauty retail venture has added fashion to their forte.