Honasa Consumer Limited — PPTs, 12-11-2025: Investor Presentation

Honasa Consumer (Mamaearth) delivered strong Q2 FY26 results with underlying Like-for-Like revenue growth of 22.5% YoY, reaching INR 566 Cr. Reported revenue was INR 538 Cr. Notably, an accounting change with Flipkart impacted reported revenue but not profitability. The company posted an EBITDA of INR 48 Cr (8.9% margin) and a Profit After Tax of INR 39 Cr (7.3% margin). For H1 FY26, EBITDA surged over 500% YoY to INR 93 Cr, and PAT grew 271.5% to INR 81 Cr. Gross Profit margins also improved to 70.5%.

Driving this growth is a focus on premiumization across categories like oral beauty, suncare, and face cleansers. Honasa is strengthening its General Trade distribution, now reaching over 250,000 retail outlets. Key developments include the launch of Lumineve, a prestige skincare brand with Nykaa, and an INR 10 Cr investment in Fang, a new-age oral beauty player. Mamaearth's Rice Face Wash hit INR 100 Cr Annual Recurring Revenue, and The Derma Co became India’s #1 sunscreen brand.