Brand Makers
Dil Ka Jod Hai, Tootega Nahin
Nykaa Chairperson Falguni Nayar's pay rises 28% to Rs 11 crore in FY25; Nayar family's total compensation up 31%
Notably, no commission or sitting fees was paid to Sanjay Nayar in FY2025, who is the Non-Executive, Non-Independent Director of the company
(From L to R): Adwaita Nayar, (Executive Director, Managing Director & CEO – Nykaa Fashion Limited, Head of owned brands), Falguni Nayar (Executive Chairperson, Managing Director & CEO), and Anchit Nayar, (Executive Director FSN E-Commerce Ventures Limited and
MD & CEO Nykaa E-Retail Limited)
Falguni Nayar, Executive Chairperson, Managing Director, and Chief Executive Officer (CEO) of Nykaa, earned around Rs 11 crore in the financial year 2024-25. Falguni's total compensation witnessed nearly a 28% rise year-on-year, according to the data in the company's annual report.
Building on Falguni Nayar's compensation increase, her children--Adwaita Nayar and Anchit Nayar--also saw their compensation rise by 38% year-on-year in FY25.
Adwaita Nayar, the Managing Director and CEO of Nykaa Fashion Limited (a 100% Subsidiary of the Company), received a remuneration of Rs 5.8 crore in FY2025 compared to Rs 4.2 crore in the year-ago period.
Anchit Nayar, MD and CEO of Nykaa E-Retail Limited, also received similar compensation in FY25.
Notably, no commission or sitting fees was paid to Sanjay Nayar, who is the Non-Executive, Non-Independent Director of the company.
Overall, the Nayars remuneration witnessed a 31% YoY rise in FY2025.
Expanding beyond the Nayar family, the report indicated that managerial remuneration overall increased by 14.95%, while employees' average salary (includes fixed pay) rose by 9.2% in FY2025. In the previous financial year, the average salary increase for Nykaa's employees was 8.7%.
The median remuneration of the employees of the company as at the end of the year under review was Rs 9.6 lakh, which was 14.29% higher than the previous year’s median remuneration.
Reflecting broader company trends, Nykaa cut employee expenses to 8.4% of revenue in FY2025, from 8.8% in FY2024. According to the company's annual report, the total employee count stood at 3,735, with 1,322 new hires in FY2025. Nykaa's workforce comprises 43% female employees, while permanent employees on rolls were 491 as of March 31, 2025.
SPOTLIGHT
"The raucous, almost deafening, cuss words from the heartland that Piyush Pandey used with gay abandon turned things upside down in the old world order."
Read MoreThe new face of the browser: Who’s building AI-first browsers, what they do and how they could upend advertising
From OpenAI’s ChatGPT-powered Atlas to Microsoft’s Copilot-enabled Edge, a new generation of AI-first browsers is transforming how people search, surf and interact online — and reshaping the future of digital advertising.