Apr 7, 2025, 08:36 PM IST
Nykaa's Market Capitalization: Nykaa has a market capitalization of approximately ₹50,566 crore.
Tira's Corporate Structure: Tira operates under Reliance Retail Ventures Limited (RRVL), which is a subsidiary of Reliance Industries Limited (RIL).
Reliance Retail's Market Capitalization: As of March 31, 2024, RRVL reported revenues of $33.1 billion.
Reliance Industries' Market Capitalization: RIL, the parent company of RRVL, has a market capitalization of approximately Rs 1,689,787.40 crore.
Tira's Individual Market Capitalization: Tira, being a relatively new venture under RRVL, does not have a separately listed market capitalization.
Comparison: While Nykaa's market capitalization stands at around Rs 50,566 crore, Tira's valuation is encompassed within the broader financials of RRVL and RIL.
Conclusion: Direct market capitalization comparison between Nykaa and Tira isn't feasible due to Tira's integration within RRVL. However, considering Nykaa's standalone valuation and RIL's substantial market cap, Nykaa currently has a defined market presence, whereas Tira's valuation is part of a larger conglomerate.
This information is not DNA's opinion but obtained from media reports