Nykaa - The Flywheel Juggernaut: Dolat Capital Initiates Coverage

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Dolat Capital Report.Nykaa, India’s leading super-vertical e-commerce participant, is one of the most dominant player in beauty and personal care segment. India beauty and personal care market is at an inflexion point with rising affordability, higher spending intensity and willingness of consumer to pay premium for quality and brand. There is a paradigm shift in consumer preference from ‘looking good’ to ‘feeling good’, and the industry is innovating to address the evolving consumer awareness and aspirations. Having built its core around beauty and personal care, Nykaa is expanding into fashion, men’s grooming and business-to-business.Over the trailing five to seven years many structural positives aligned for a conducive runway of growth viz. smartphone penetration, affordable data, rapid digital adoption, evolution of logistics and payment eco-system. Leveraging these tailwinds, Nykaa created a formidable position in the online beauty and personal care space..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Nykaa - The Flywheel Juggernaut: Dolat Capital Initiates Coverage

Nykaa - The Flywheel Juggernaut: Dolat Capital Initiates Coverage

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