
Medical apparel startup Knya’s operating revenue rose 83% year on year to Rs 110 crore in FY26, Inc42 reports. Profit after tax more than tripled to Rs 10 crore from Rs 3…
Medical apparel startup Knya’s operating revenue rose 83% year on year to Rs 110 crore in FY26, Inc42 reports. Profit after tax more than tripled to Rs 10 crore from Rs 3 crore, while EBITDA rose to Rs 20 crore from Rs 6 crore. Its EBITDA margin widened to 18.2% from 10%. Total expenses increased 75% to Rs 100 crore.
Knya operates more than 30 stores and plans to reach 55 to 60 outlets by the end of FY27 and over 100 by FY28. It is targeting Rs 205 crore revenue, a 20% EBITDA margin and Rs 15 crore PAT in FY27. The company says 85% of revenue comes from its website and app, with stores contributing 5% to 7%. It does not plan to raise fresh capital soon.
The easy story is that store expansion will automatically turn Knya into a large retail brand. The opposite claim, that online sales make physical outlets wasteful, is just as lazy. Stores can improve product trials and customer acquisition, but they also add fixed costs. Knya’s stated 20% EBITDA margin target will be a useful test. Investors should watch whether new outlets lift revenue without pushing expenses sharply higher.
Source: inc42.com
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