Honasa Consumer Limited — Investor Meet, 28-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Honasa Consumer reported robust Q4 FY26 results: Revenue climbed 28% YoY to INR682 Cr, with EBITDA surging 2.5x to INR77 Cr (11.3% margin) and PAT at INR69 Cr (10.2%). For FY26, the company delivered 20% growth, tripling EBITDA to a 9.3% margin, and recorded INR200 Cr PAT. A dividend of INR3 per equity share signals management's confidence in cash generation.

Focus categories spearheaded growth (+35% YoY). Mamaearth saw mid-teens growth, with management targeting a double-digit CAGR for the next five years. The Derma Co continues its stellar performance, now exceeding INR750 Cr ARR. Acquired brand Reginald Men doubled revenue, crossing INR100 Cr ARR. Management projects a high-teens CAGR and 500 basis points EBITDA expansion over the next five years, driven by brand superiority, innovation, and strengthened offline distribution. Price hikes were implemented in Q1 FY27 to offset inflation. Sentiment remains confident about premiumization trends and capturing market share.