This is the biggest single-day gain for the stock in the last 12 months. With this move, the stock is also trading at a 52-week high.
The parent company of Mamaearth reported a 176% year-on-year jump in net profit for Q4FY26 to ₹69 crore from ₹25 crore in Q4FY25. Revenue rose 23.1% from last year to ₹657 crore from ₹533.5 crore, while EBITDA increased to ₹77 crore from ₹26.9 crore a year ago.
EBITDA margin expanded to 11.7% from 5% in the year-ago quarter.
The company said underlying volume growth stood at 30% during the quarter. Adjusted revenue growth came in at 28%, excluding the impact of changes in revenue recognition related to Flipkart.
Mamaearth delivered teen growth during the quarter, while the company’s younger brands grew over 40%. Honasa also reported 30% growth in general trade and 20% growth in e-commerce.
Chairman, CEO and Co-founder Varun Alagh said the company has now delivered three consecutive quarters of over 20% growth, adding that Mamaearth continued to gain market share across key categories.
Brokerages positive on Honasa
CLSA maintained an “outperform” rating on the stock with a price target of ₹434, saying operating leverage and improving traction across channels helped EBITDA beat estimates. The brokerage noted that management expects double-digit growth in Mamaearth to continue.
Jefferies Financial Group retained its “buy” rating with a target price of ₹565, saying Honasa appears to be emerging from its distribution realignment phase and is now on a stronger growth trajectory.
The brokerage added that guidance indicates a compounding growth story.
Shares of Honasa Consumer are trading 9.3% higher on Friday at ₹394.1. The stock is up 22% from its issue price of ₹324, having gained 40% so far in 2026.
