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Yes Madam’s revenue jumps over 2X to Rs 195 Cr in FY26

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Yes Madam’s revenue jumps over 2X to Rs 195 Cr in FY26

Home salon services platform Yes Madam more than doubled its operating revenue to Rs 195 crore in FY26 for the second straight year, taking its revenue to over 4X in two years, but slipped into losses amid higher employee and advertising costs during FY26.

The company’s revenue from operations jumped 2.07X to Rs 195 crore in FY26 compared with Rs 94 crore in FY25, according to its financial statements filed with the Registrar of Companies (RoC).

Yes Madam FY26Founded in 2016, Noida-based Yes Madam is an at-home beauty and wellness services platform that offers services such as haircuts, facials, waxing and massages through its app and website. The company has also launched instant salon and spa services, enabling customers to book at-home services within 30 minutes.

Revenue from the sale of services, which includes commission income earned as an agent between service professionals and end customers, along with subscription and royalty income, contributed 51% of Yes Madam’s operating revenue. This segment grew 2.3 times to reach Rs 100 crore mark in FY26. 

Revenue from product sales rose 90% to Rs 95 crore from Rs 50 crore during the same period, accounting for the remaining 49% of operating revenue.

On the expense side, advertising and promotional expenses emerged as the largest cost for the firm, which surged 2.31X to Rs 67 crore in the last fiscal year from Rs 29 crore in FY25, while the cost of materials consumed rose 90.6% to Rs 61 crore. 

28 crore during the same period.



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