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Honasa Consumer Ltd Q4 FY26 Results

HONASAQ4 FY26 Results
Filing
MetricValue ( Cr)Q3 FY26Q4 FY25
Revenue657.089.2%23.1%
Total Income675.968.6%21.9%
Expenditure594.007.9%13.8%
PBT81.9622.1%154.8%
Net Profit69.4438.3%178.0%
OPM11.75%1.66pp6.69pp
NPM10.27%2.20pp5.76pp
EPS2.1338.3%176.6%
View full financials

Honasa Consumer FY26: Revenue ₹682 Cr, PAT Doubles

21 May 2026 · 21 May, 4:42 pm

Summary

Honasa Consumer Ltd. announced robust financial results for Q4 FY26, achieving its highest-ever quarterly revenue of ₹682 crore, a 28% year-on-year growth. This strong performance was complemented by a doubling of EBITDA to ₹77 crore and PAT to ₹69 crore in Q4 FY26, contributing to an annual PAT of ₹200 crore for the full fiscal year. The company's younger brands saw over 40% YoY growth, with Mamaearth also delivering teen growth and expanding its offline footprint to 1.2 lakh outlets. Management expressed confidence in the business's long-term strength, citing disciplined execution and strategic investments across product innovation and distribution. The Board's approval of a maiden final dividend of ₹3 per share further underscores this positive outlook.

Key Highlights

  1. 1

    Honasa Consumer Ltd. achieved its highest-ever quarterly revenue of ₹682 crore in Q4 FY26, marking a 28% year-on-year growth, alongside its highest-ever EBITDA of ₹77 crore.

  2. 2

    Profit after tax (PAT) reached its highest-ever quarterly level at ₹69 crore for Q4 FY26, more than doubling year-on-year, contributing to an annual PAT of ₹200 crore for FY26.

  3. 3

    The Board approved a maiden final dividend of ₹3 per equity share, representing 51.2% of FY26 standalone PAT, subject to shareholder approval.

  4. 4

    Younger brands demonstrated strong momentum, achieving over 40% year-on-year growth in FY26 across both online and offline channels.

  5. 5

    Mamaearth delivered teen growth in Q4 FY26 and significantly strengthened its offline distribution, serving approximately 1.2 lakh outlets directly through distributors during FY26.

  6. 6

    Reginald Men, in its first quarter of consolidation, achieved an Annualized Run Rate (ARR) of over ₹100 crore, doubling its revenue year-on-year.

Management Comments

V

Varun Alagh

FY26 was a year of strengthening the core and building a more resilient growth engine for the future. Over the last few quarters, we stayed sharply focused on the six pillars that defined our strategy for the year - improving execution across our Focus Categories, strengthening Product Superiority, scaling Hero Products, sharpening our content engine, rebuilding momentum in Offline Distribution, and unlocking Innovation Engines. These efforts, combined with the right category playbooks, stronger execution discipline, and focused leadership hiring across key functions, started reflecting meaningfully in our performance trajectory. We delivered three consecutive quarters of 20%+ growth, with Q4 FY26 becoming our highest-ever quarter in both revenue and EBITDA. This year we also announced our first-ever dividend, reflecting the confidence we have in the long-term strength and direction of the business. The momentum is now visible across brands and channels. Mamaearth continued to gain market share across key categories, according to NielsenIQ. Our Hero SKUs grew 2x+ faster than the brand, led by products like Ubtan Face Wash and Onion Shampoo, as well as newer launches such as Rice Face Wash and Rosemary Anti-Hair Fall Shampoo, which continue to scale meaningfully. Our younger brands also maintained strong momentum, growing 40%+ during the year. In its first quarter of consolidation, Reginald Men crossed an ARR of INR 100 Cr+, doubling its revenue YoY. At the same time, our investments across AI-led content systems, R&D, product innovation, and distribution infrastructure are beginning to reflect in stronger execution quality across the organization. Going forward, we remain focused on building a future-ready House of Brands through sharper category playbooks, disciplined capital allocation, stronger talent density, and sustained profitable growth.

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