Honasa Consumer, the parent company of Mamaearth, has reported a strong start to FY27, posting its highest-ever quarterly profit as the company continued to strengthen its position in India’s beauty and personal care market.
For the quarter ended June 2026 (Q1 FY27), revenue from operations grew 27% year-on-year to ₹756 crore, up from ₹595 crore in the corresponding quarter last year. Including ₹22.5 crore in non-operating income, the company’s total income reached ₹778 crore, reflecting continued business momentum across its portfolio.
The standout performance came at the profitability level. Net profit more than doubled to ₹90.45 crore, compared to ₹41.33 crore in Q1 FY26, making it the company’s highest quarterly profit to date. EBITDA also doubled to ₹110 crore, while the EBITDA margin improved to 14%, highlighting stronger operating efficiency alongside revenue growth.
On a sequential basis, the company also delivered healthy expansion. Revenue increased 15% from ₹657 crore in Q4 FY26, while profit rose 30.3% from ₹69.44 crore, indicating sustained momentum entering the new financial year.
As the company scaled, investments in operations also increased. Cost of materials remained the largest expense, rising 34% year-on-year to ₹229 crore, while employee benefit expenses grew to ₹66 crore. Finance costs, depreciation, amortisation, and other operating expenses pushed total expenditure to ₹659 crore, reflecting continued investment in growth and brand expansion.
Beyond its financial performance, Honasa highlighted encouraging progress across its broader brand portfolio. According to the company’s shareholder communication, Reginald Men, the men’s grooming brand acquired by Honasa, has grown more than twofold since the acquisition and has achieved an annual revenue run rate exceeding ₹150 crore. The performance demonstrates the company’s strategy of expanding beyond its flagship brands into adjacent high-growth personal care categories.
The company also continues to strengthen its long-term growth platform through strategic acquisitions. In June 2026, Honasa acquired a 58% stake in nutraceutical company Fluence Pharma at an enterprise value of approximately ₹135 crore, further expanding its presence in the wellness and health-focused consumer segment.
Following the earnings announcement, Honasa Consumer closed the trading session at ₹479.45 per share, giving the company a market capitalisation of approximately ₹15,255 crore.
With record profitability, sustained revenue growth, and continued investments across beauty, grooming, and wellness, Honasa Consumer enters FY27 with strong operational momentum and an expanding consumer brand portfolio.
Source: Based on publicly available reporting, with additional editorial adaptation and analysis.
