Nish Hair reports ₹34 crore FY25 revenue, up from ₹14 crore in FY24
Hair-extension brand Nish Hair, founded by Parul Gulati in 2017, reported ₹34 crore in FY25 revenue and ₹8.4 crore in profit after tax. The brand, valued at about ₹50 crore in 2023, is pursuing a ₹100 crore growth plan.
What happened
Nish Hair founder Parul Gulati highlighted the hair-extension brand’s journey from a home-based venture to ₹34 crore FY25 revenue and ₹8.4 crore PAT. The brand
Key facts
- ₹50 crore valuation in 2023
- ₹34 crore FY25 revenue
- ₹14 crore FY24 revenue
- ₹8.4 crore FY25 profit after tax
- ₹100 crore growth plan
- Launched in 2017
Why this matters
Nish Hair’s profitable scale in hair extensions could make it an attractive partner or acquisition target for beauty platforms seeking a differentiated, high-engagement category to accelerate their India D2C portfolio.
What to watch
- FY26 revenue growth rate and whether the company sustains growth above 50% after the FY25 step-up.
- PAT and gross-margin trends as marketing, inventory and offline costs increase.
- Evidence of repeat-purchase growth and successful contribution from non-extension categories.
- New offline retail, salon, marketplace or international distribution announcements.
- Fundraising, valuation updates or strategic investor entry tied to the ₹100 crore growth plan.
- Customer-review signals around product quality, delivery times, shade matching and return rates.
- Expand from extensions into higher-frequency and higher-ticket adjacent categories, including wigs, toppers, clip-ins, hair care and styling accessories.
- Build selective offline discovery through salons, pop-ups, shop-in-shops or flagship experience centers to reduce fit and shade-selection friction.
- Increase supply-chain control through supplier partnerships, quality testing and demand planning to protect gross margins as volumes scale.
- Use Parul Gulati's creator-led brand equity to drive education, testimonials and customer-community content while diversifying performance-marketing channels.
- Consider growth capital or strategic partnerships if the ₹100 crore plan requires faster inventory, retail or geographic expansion than retained profits can fund.