ALFA Finder| Management target | Revenue 18.0% FY27 |
|---|
| Revenue growth | 32% YoY revenue growth driven by 30.5% volume expansion. |
|---|---|
| Margins | EBITDA margin expansion driven by product mix and operating leverage. |
| Demand visibility | Strong traction in quick-commerce and specialized sun-care/face-wash categories. |
| Management confidence | High confidence in multi-brand strategy and offline distribution efficiency. |
Growth
Revenue grew 32% YoY with 30.5% volume growth, supported by the Derma Co becoming a ₹1000cr brand.
Outlook
Management guides for 15% EBITDA margin within 5 years and high-teens growth for core brand Mamaearth.
Risks
Execution risk in scaling niche brands like Aqualogica and potential margin pressure from aggressive fragrance entry.
Last quarter's promises, checked
Delivered
- Guided 20% plus growth → delivered 32% revenue growth (= BEAT)
- Guided 100 bps EBITDA margin improvement → delivered 100 bps leverage improvement (= BEAT)
- Guided double-digit growth for Mamaearth → delivered double-digit growth (= BEAT)
Partly delivered
- Guided scaling younger brands at 40% → delivered 40%+ growth but niche scaling remains a challenge (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: HONASA. Summary written with AI assistance from the document.
Honasa Consumer Ltd: key numbers
- Share price
- ₹489.45
- Market cap
- ₹15,970 Cr
- Revenue (annual)
- ₹2,392 Cr
- Net profit (annual)
- ₹199.9 Cr
- P/E (TTM)
- 56.5×Sector 41.3×
- Promoter holding
- 35.47%+0.00% QoQ
- FII holding
- 14.91%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Honasa Consumer Ltd
All →Honasa Consumer Employee Stock Options
Honasa Consumer's board granted 1,61,700 stock options to eligible employees under its ESOP 2018 plan at Rs 10 exercise price. The grant is an employee stock option event with no cash proceeds recorded yet.
Honasa Consumer Earnings Call Transcript: Key Takeaways
Q2 FY27 net sales rose 36% and EBITDA roughly doubled to a 12.7% margin, largely volume-driven. Management was upbeat but gave no new numeric guidance.
Honasa Consumer Q2 FY27 Results: Net Profit ₹73.2 Cr, Up 86.7% YoY
Honasa Consumer Ltd reported revenue from operations of ₹731.2 Cr (+35.9% YoY) and net profit of ₹73.2 Cr (+86.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹73.2 Cr · +86.7% YoY
Honasa Consumer Acquisition
Honasa's subsidiaries announced a proposed fast-track amalgamation of B:Blunt-Spratt into Bhabani Blunt Hair Dressing. No shares or cash are involved; the scheme awaits regulatory approvals.
Honasa Consumer Management Change
Honasa Consumer elevated Vipul Maheshwari to Chief Product & Technology Officer effective 23 Oct 2026. He will lead product, technology, engineering and analytics functions.
Honasa Consumer Board Meeting Date
Honasa Consumer Limited will hold a board meeting on November 06, 2026, to consider and approve its unaudited standalone and consolidated financial results.