Knya FY26: Revenue Crosses ₹100 Cr Mark, PAT Jumps 3X YoY

Omnichannel medical apparel brand Knya saw its profit after tax (PAT) more than triple to ₹10 Cr in the fiscal year 2025-26 (FY26) from ₹3 Cr a fiscal earlier. This profit surge came on the back of the startup expanding its omnichannel presence.

Speaking with Inc42, Knya cofounder Abhijeet Kaji said the startup’s operating revenue grew 83% to ₹110 Cr in the fiscal under review compared to ₹60 Cr in FY25. In line with the top line, total expenses also zoomed 75% to ₹100 Cr in FY26 from ₹57 Cr in the year ago fiscal.

Meanwhile, Knya’s EBITDA improved over 3X to ₹20 Cr in FY26 from ₹6 Cr in the year ago fiscal, while the EBITDA margin expanded to 18.2% from 10% in FY25. 

Founded in 2020 by the husband-wife duo of Abhijeet and Vanshika Kaji, Knya makes medical apparels for healthcare professionals, such as scrubs, lab coats, performance workwear, winter jackets and stethoscopes. It initially started as a D2C brand, but pivoted to the omnichannel format in 2024. It also featured on the 2025 edition of Inc42’s coveted FAST42 list.

With more than 500 SKUs under its belt, Knya currently claims to operate over 30 stores across cities such as Delhi, Mumbai, Bengaluru, Patna, Thrissur and Puducherry.

The startup claims to have so far served over 15 Lakh medical professionals and supplies its products to more than 1,000 hospitals across India including the likes of Max Healthcare, Apollo Hospitals, Narayana Health, Indira IVF and Reliance.

Knya generates nearly 85% of its revenue from its own website and app. Its company-owned stores contribute another 5-7% to its top line, while the remainder comes from marketplaces such as Amazon, Flipkart, Myntra, Blinkit and Swiggy.

Going forward, Knya plans to end the ongoing fiscal year (FY27) with 55-60 stores and scale the number to more than 100 by FY28.

“We don’t look at stores purely as a revenue channel. They help us acquire customers sustainably while offering a better customer experience than online,” Kaji said.

Knya’s FY27 Growth Roadmap 

The startup expects to end FY27 with a revenue of ₹205 Cr, with an EBITDA margin of 20% and PAT of ₹15 Cr. It claims to be already operating at an annualised revenue run rate (ARR) of more than ₹250 Cr.

Despite its expansion plans, Knya does not plan to raise fresh capital in the near term. “Knya has been profitable from day one. The stores are funding themselves, so we do not see the need to raise capital for expansion,” added Kaji.

The startup has so far raised around ₹16 Cr in equity funding from investors such as ESG Consumer Partners, Samina Hamied and Dr Devi Shetty. On the back of this capital, Knya has expanded to the UAE, Saudi Arabia and Egypt.

It now plans to deepen its presence across the GCC region before exploring European markets later this financial year.

Beyond its commercial operations, Knya has also launched Breakpoint, a free 24×7 mental health helpline for medical professionals in partnership with Aditya Birla, aimed at supporting doctors and nurses dealing with stress and burnout.

Looking ahead, Knya aims to build a ₹1,000 Cr revenue business, expand its retail network to around 250 stores and pursue a public listing over the next three to five years.

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