Renee Cosmetics eyes Rs 500 crore revenue in FY26

Makeup and skincare brand Renee Cosmetics is targeting a revenue total of Rs 500 crore for the 2026 financial year along with 3% to 5% profitability in earnings before interest, tax, depreciation, and amortisation. The business has achieved break even over the past two fiscal quarters and aims to expand its retail footprint and product selection. 

“We have a presence in more than 1,500 beauty assisted stores and operate eight airport stores and 20 kiosks,” Renee Cosmetics’ co-founder Priyank Shah told ET Retail. “This fiscal, we plan to expand our presence to 2,500 beauty assisted stores and take the total number of our kiosks to 50.”

Renee Cosmetics’ current product portfolio features around 500 SKUs, ranging from lipsticks and eyeshadow compacts to nail varnishes, mascaras, and eyeliners, according to its Facebook page. The business was established in 2018 in Ahmedabad and has raised a total of $48.5 million over the course of five funding rounds, according to business information platform Tracxn.  

“In the next 18 months, we see more than 25% of our revenue coming from skincare infused makeup,” said Shah. “We are also betting big on face and lips categories and plan to launch 30 new SKUs in these two categories.”