Honasa Consumer Ltd. Reports Over 22% Revenue Growth in Q2 FY26 with a Strong EBITDA of INR 48 Cr
Honasa Consumer Ltd., India’s leading beauty and personal care House of Brands, announced its financial results for the quarter ended September 30, 2025. Q2 marked another quarter of steady growth for Honasa, with revenue up 22.5% YoY and EBITDA holding stable at INR 48 Cr, reflecting the strength and consistency of their growth playbook. The focus categories continued to contribute over 75% of total revenues, and deeper distribution and brand building enhanced consumer engagement across India. This quarter brought strong category wins, with Mamaearth back in green, strengthening its leadership in face cleansers with a 123 bps share gain. The Derma Co. was recognized by Euromonitor (CY’24) as India’s No. 1 sunscreen brand, crossing INR 750 Cr ARR milestone. Innovation continued to be a key growth driver, as The Derma Co. enhanced its Vitamin C Serum for deeper penetration and Aqualogica introduced India’s first in-vivo tested Anti-Pollution Sunscreen. Honasa is expanding into new and fast-growing segments with Luminéve, their first prestige skincare brand launched exclusively on Nykaa, and an investment in Fang, a prestige oral care brand focused on teeth whitening and everyday oral wellness.
Key Highlights
- Q2 revenue from operations on a like-for-like (LFL) basis stood at INR 566 Cr, up 22.5% YoY
- Mamaearth’s growth is back in green with continued share gains for Mamaearth face cleansers (+123 bps)
- Younger brands grew over 20% YoY in Q2, maintaining momentum across focus categories
- General Trade distribution deepened with a 35%+ YoY increase in direct outlets (H1 FY26)
- Innovation continues to build strength in focus categories; focus on premiumisation with collaborations-driven innovations like BBlunt x Tarini and Dermasoft Baby Range, and prestige relaunches across Dr. Sheth’s serums