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RAJIV GUPTA (SEBI RA)

12th Nov · SEBI-Registered Analyst

Honasa Consumer Ltd

Code BSE: 544014 NSE:

HONASA
Honasa Consumer Ltd. reports over 22% revenue growth in Q2 FY26 with a strong EBITDA of Rs 48 Cr with Mamaearth back in green Key Highlights: a) Q2 revenue from operations on a like-for-like (LFL) basis stood at Rs 566 Cr, up 22.5% YoY and gross profit at 71.9%, underlining healthy top-line growth with improving margins b) Reflecting sustained improvement in operating performance, the company reported PAT of Rs 39 Cr in Q2 with stable EBITDA at Rs 48 Cr (8.4%) c) UVG in Q2 remains strong at 16.7% showcasing the resilience and volume led growth of the core business d) Mamaearth’s growth is back in green. NielsenIQ data shows continued share gains for Mamaearth face cleansers (+123 bps), while shampoos held steady; the Rice Facewash entered the Rs 100 Cr ARR club after Ubtan and Vitamin C, reinforcing category depth. e) Younger brands grew over 20% YoY in Q2, maintaining momentum across focus categories.

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HONASA12112025.pdf
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