Honasa Consumer Limited — Investor Meet, 18-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Honasa Consumer delivered a robust Q3 FY'26, posting its highest ever quarterly revenue of Rs. 602 crore, up 21.7% (30% volume growth). Profit after Tax (PAT) nearly doubled, with EBITDA margins improving to 10.9%. Mamaearth bounced back to double-digit growth, while young brands, led by Derma Co (now double-digit EBITDA), grew over 25%. Offline distribution expanded significantly. The company acquired Reginald Men for the booming male skincare segment. Management is confident in sustaining strong growth and 100 bps annual margin expansion, emphasizing consumer focus and digital-first agility. Sentiment is positive on the future trajectory.