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Katrina Kaif’s Kay Beauty Smashes ₹350 Crore, Becomes Nykaa Favourite

Kay Beauty, co-founded by Katrina Kaif, has crossed ₹350 crore in gross revenue and is now one of Nykaa’s top 5 brands, reflecting strong growth, consumer trust, and successful digital-first strategies, while other celebrity ventures like Deepika Padukone’s 82°E struggle.

Katrina Kaif smiling at a Kay Beauty launch event with branded makeup products displayed around her.

Kay Beauty, which was introduced in 2019, made its way into India’s already crowded makeup market during the pandemic. Most of the brands were facing problems like interrupted supply chains and less buying power in consumers. In spite of these difficulties, the brand gradually took its place in the market. Kay Beauty, being a digital native and primarily an online brand, made it a point to reach a bigger audience. The brand’s success was a clear indicator that a good online strategy and authentic product with reasonable prices could turn the market for the new beauty players even in a fluctuating market.

Strong Financial Performance and Growth

It’s being reported that Kay Beauty’s growth has been nothing short of extraordinary. The brand’s gross merchandise value (GMV) amounted to ₹240 crore in FY2025 and then to ₹350 crore in FY2026, a jump of 46% compared to the previous year. This impressive growth is, of course, not only a figure, but it is also a strong indicator of the brand’s capability to win consumer loyalty and stay powerful in the competition. Besides, the growth suggests that there is a trend towards celebrity-endorsed products that are of good quality, affordable, and usable in real life becoming more acceptable.

Outshining Competitors in a Celebrity-Dominated Space

Kay Beauty’s accomplishment is even more remarkable given that it has surpassed the sales of several well-established celebrity beauty brands. Not all star-studded investments have garnered the same recognition. Deepika Padukone, for example, who was the global brand ambassador for Nykaa, still experienced her skincare brand 82°E reporting a net loss of ₹12.3 crore in FY2025. Kay Beauty has captured and convinced a vast audience that “star power alone does not guarantee success; understanding consumer preferences and being true to oneself are equally important” through its inclusive products available for all skin tones, easy application, and reasonable prices.

Katrina Kaif’s Personal Involvement

The success of the brand can be attributed significantly to Katrina Kaif’s active involvement with the brand. The actress puts the products to the test in realistic situations, which can vary from long film shoots under studio lights to outdoor settings, and guarantees that they will meet the quality and performance standards. This hands-on approach has brought the consumers to trust and has thus placed Kay Beauty not merely as a celebrity brand but as a truly trustworthy makeup line.

The Bigger Picture for India’s Beauty Industry

Kay Beauty’s milestone is a turning point for India’s cosmetics industry. It shows that celebrity-backed brands can achieve substantial growth if they combine quality products, inclusivity, and digital-first strategies. With e-commerce adoption on the rise and consumers looking for trustworthy yet easy-to-get beauty solutions, it is likely that Kay Beauty’s success will motivate not only the newcomers but also the old players to put authenticity, consumer-centric design, and innovative marketing strategies above mere celebrity endorsements.

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