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
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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.
