| Metric | Value (₹ Cr) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 538.06 | 9.6% | 16.5% |
| Total Income | 558.20 | 9.8% | 15.8% |
| Expenditure | 505.46 | 10.3% | 0.1% |
| PBT | 52.75 | 5.1% | 316.4% |
| Net Profit | 39.23 | 5.1% | 311.2% |
| OPM | 8.85% | 1.15pp | 21.43pp |
| NPM | 7.03% | 0.36pp | 10.88pp |
| EPS | 1.21 | 4.7% | 312.3% |
Honasa Consumer Ltd. Reports Over 22% Revenue Growth in Q2 FY26 with a Strong EBITDA of INR 48 Cr
12 Nov 2025 · 12 Nov 2025, 04:26 pm
Summary
Honasa Consumer Ltd., India’s leading beauty and personal care House of Brands, announced its financial results for the quarter ended September 30, 2025. The company reported a 22.5% YoY growth in revenue and EBITDA holding stable at INR 48 Cr. Mamaearth's growth is back in green with continued share gains for Mamaearth face cleansers and shampoos. The younger brands grew over 20% YoY in Q2. The company is expanding into new and fast-growing segments with the launch of Luminéve and investment in Fang.
Key Highlights
- 1
Q2 revenue from operations on a like-for-like (LFL) basis stood at INR 566 Cr, up 22.5% YoY
- 2
Gross profit at 71.9%, underlining healthy top-line growth with improving margins
- 3
PAT of INR 39 Cr in Q2 with stable EBITDA at INR 48 Cr (8.4%)
- 4
UVG in Q2 remains strong at 16.7% showcasing the resilience and volume led growth of the core business
- 5
Mamaearth’s growth is back in green. NielsenlQ data shows continued share gains for Mamaearth face cleansers (+123 bps), while shampoos held steady
- 6
Younger brands grew over 20% YoY in Q2
- 7
General Trade distribution deepened with a 35%+ YoY increase in direct outlets (H1 FY26)
Management Comments
Varun Alagh
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 our growth playbook. Our focus categories continued to contribute over 75% of total revenues and reaffirming the success of our category-first strategy, while 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 (NielsenlQ). 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. As we look ahead, we’re expanding into new and fast-growing segments. With Luminéve, our first prestige skincare brand launched exclusively on Nykaa, we’ve entered the premium skincare space with a focus on night skincare and deep repair powered by global ingredient science. We’ve also invested in Fang, a prestige oral care brand focused on teeth whitening and everyday oral wellness, as we work towards shaping the future of oral beauty in India. Beyond business, we continue to create long-term impact through the Mamaearth Plant Goodness Initiative. We’ve planted over one million trees so far and are committed to reaching two million by 2030. Our focus remains on scaling Honasa as a House of Purposeful Brands, built on innovation and intent, shaping the future of beauty and personal care in India.”
Informational and educational content only. Not investment advice.