Honasa Consumer Reports Strong Q4 Profit and Revenue Expansion
Honasa Consumer Limited, the parent company of personal care brand Mamaearth, has reported a consolidated net profit of ₹69.4 crore for the fourth quarter ending March 31, 2026 (Q4 FY26). This represents a 177% increase from the ₹25 crore profit recorded in the corresponding quarter of the previous fiscal year. The company’s operating revenue grew by 23.1% year-on-year to ₹657 crore, driven by robust volume growth across both online and offline distribution channels.
The company achieved its highest-ever quarterly EBITDA of ₹77 crore, representing a 186% increase year-on-year, with operating margins expanding to 11.7%. On the back of these strong financial results, the board has recommended its first-ever dividend of ₹3 per equity share. The flagship brand, Mamaearth, maintained steady double-digit growth, while Honasa’s younger brands—including The Derma Co, Aqualogica, and Dr. Sheth’s—registered a combined growth rate of over 40%.

Offline Distribution and Brand Acquisitions Drive Growth
Honasa’s growth strategy continues to benefit from its expanding offline retail network, with products now directly distributed to over 120,000 retail outlets. Additionally, the company’s men’s grooming brand, Reginald Men, has crossed an annual recurring revenue (ARR) milestone of ₹100 crore within a year of its integration. The management indicated that the focus remains on scaling younger brands and improving gross margins through supply chain optimizations.