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Honasa Consumer delivered strong Q3FY26 results, reporting revenue of ₹602 Cr, up 16.2% YoY, with underlying volume growth at 30.2%. Profit After Tax (PAT) surged 92.9% to ₹50 Cr, achieving their highest-ever quarterly revenue and doubling PAT. EBITDA grew 150.7% to ₹66 Cr, with margins expanding to 10.9%.
Growth was fueled by renewed Mamaearth momentum and strong performance from younger brands. The company is actively expanding distribution, reaching over 270,000 retail outlets, and optimizing marketing. Focus categories like Face Cleanser and Shampoo grew over 25%, showing market share gains.
Recent developments include the acquisition of Reginald Men, strengthening their position in men’s beauty. The Derma Co. crossed ₹50 Cr in Annual Recurring Revenue. Management is confident in their playbook, targeting over 25% YoY growth in focus categories and maintaining an efficient negative working capital cycle.