Honasa Consumer Ltd Q1 FY27: Expects 30% YoY Growth

Honasa Consumer Ltd anticipates a strong performance in Q1 FY27, projecting a Year-on-Year (YoY) revenue growth of around 30%. This growth is expected to be driven by its focus categories and a strengthening offline distribution network. The company's largest brand, Mamaearth, is forecast to achieve high-teen growth, while its younger brands are expected to grow in the early forties. Both General Trade and Modern Trade channels are key growth drivers. The company also expects to maintain a double-digit operating margin, benefiting from operating leverage. This update is provisional and subject to auditor review.