The company reported its highest-ever quarterly profit, with profit after tax (PAT) margin at 11.5%. Revenue also hit a record ₹756 crore, up 27% year-on-year from ₹595.2 crore in Q1FY26.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to ₹110.1 crore from ₹45.7 crore a year ago, while the EBITDA margin improved to 14.57% from 7.68% in the year-ago quarter.
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Honasa Consumer’s focus categories grew over 35%, supported by growth across key channels. Mamaearth accelerated to high-teens growth, led by its focus categories. Rice Dewy Bright became the brand’s number one face cleanser, while Rosemary became its second hair ingredient to cross ₹100 crore annual recurring revenue (ARR) after Onion.
The Derma Co. reached ₹1,000 crore net sales value (NSV) annual recurring revenue (ARR) and entered the Teens EBITDA Club, with its face cleansers crossing ₹200 crore ARR. Honasa said it is the only fast-moving consumer goods (FMCG) company in India to build two ₹1,000 crore brands in the last 10 years.
The company’s younger brands grew over 40%, supported by traction across Gen Z innovation, premium serums, men’s skincare, hair colour and sunscreen. BTM Ventures crossed ₹150 crore ARR and has grown more than twofold since its acquisition. The business also expanded beyond its South India stronghold into Maharashtra, newer channels and categories.
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Honasa’s offline business continued to scale, with both General Trade and Modern Trade growing over 40%. Outlet coverage crossed approximately 3 lakh FMCG retail outlets. The company also entered the fragrance category with FIKN, which it described as India’s first elixir brand, targeting the fragrance category.
Varun Alagh, Chairman and CEO and Co-founder, Honasa Consumer Ltd, said, “We entered FY27 with a clear focus on building on the momentum we created in the second half of FY26, and Q1 has reinforced that the strategy is working. We delivered our highest-ever quarterly revenue and profit, with revenue growing 32% and EBITDA more than doubling to ₹110 crore.What stands out for us is that this growth is coming from both our core and younger brands. Our Focus Categories grew 35%+, and we are seeing stronger demand across General Trade, Modern Trade and eCommerce.
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This is the playbook we set out to build, and it is now translating into performance at the brand level. Mamaearth has accelerated to high-teens growth, led by its Focus Categories, while hero products such as Rice Dewy Bright Face Wash and Rosemary Anti-Hair Fall Shampoo are the strongest growth drivers.
The Derma Co. crossed ₹1,000 Cr in NSV ARR and entered the teens EBITDA club, making Honasa the only FMCG company in India to build two ₹1,000 Cr brands in the last ten years. Our Younger Brands continue to grow at 40%+. BTM Ventures has crossed ₹150 Cr ARR and is scaling beyond its South India stronghold into newer geographies and channels.
For me, these are important signals that we are not reliant on any one brand or category; we are building a House of Brands where multiple brands have the potential to scale in their own right using our capabilities and repeatable playbooks.”
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Shares of Honasa Consumer Ltd ended at ₹481.20, down by ₹13.30, or 2.84%, on the BSE.
