Part of Honasa Consumer
Honasa Consumer
Honasa Consumer is growing, guiding Q2 FY27 net sales value up in the early thirties after Q1 revenue rose to ₹756 crore, led by offline distribution (Entrackr, 6 Oct).
What it means
Honasa Consumer's revenue growth is the hard number; whether its ad spend and input costs kept up is the open question.
Reported: Revenue +27% in Q1 FY27 on a net profit of ₹90 cr. Entrackr,
Watch: Q2 FY27 results, expected mid Nov — revenue growth below Q1's 27%.
Before its next results, expected mid Nov:Before then:
- Affected
- Rival beauty brands — a pace to matchDo now: By mid Nov: benchmark your growth against this pace.
- Honasa Consumer's contract manufacturers and ingredient suppliers — orders growing with itDo now: By mid Nov: plan its orders on this growth.
- Q4 FY24 net profit · From a 5 Sept 2026 report₹30 crore
- Q1 FY25–Q3 FY26 not shown
- Q4 FY26 net profit · From a 5 Sept 2026 report₹25 crore
- Q1 FY27 profit · Latest · from a 6 Oct 2026 report₹90 crore
Our arithmetic · not a reported figureChange to Q1 FY27 profit
- +₹60 crorefrom Q4 FY24 net profit
- +₹65 crorefrom Q4 FY26 net profit
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
- Reported: Honasa is guiding offline, general-trade-led growth, so rival beauty brands and distributors should expect tougher competition for shelf space and distributor attention as its deeper GT reach scales its younger brands.Reported: Honasa Consumer expects Q2 FY27 net sales value up in the early thirties YoY. Offline, via deeper general trade distribution, led growth.Watch: Q2 FY27 reported NSV growth against the early-thirties guide.
- Reported: HDFC Securities keeps Buy on Honasa, sees ₹550 target on offline-led growthReported: Watch:
- Reported: Sequoia cuts Honasa stake to 2.68% as Peak XV also sells down to 11.50%Reported: Watch:
All 111 stories on Honasa Consumer5 leadership moves at Honasa Consumer →
Background
From 5 stories, the newest dated 2 Oct 2026. Summary written 3 Oct 2026. Newer developments are under Latest moves.
Honasa Consumer is the parent of the Mamaearth and The Derma Co. brands. [1] source: Mint
Show 3 more paragraphs and 5 sources
HDFC Securities said offline contributes ~35% of the business, while Mamaearth exceeds 50%. [2] source: NDTV Profit The company has around 1.2 lakh direct outlets and targets 3 lakh over the next three years, according to HDFC Securities. [3] source: The Hindu BusinessLine
On Tuesday, September 29, 2026, around 1.4 crore shares, or 4.4% equity worth around ₹643.4 crore, changed hands at ₹450 apiece in a block deal, and the shares fell as much as 4.8% to ₹443.70. [1] source: Mint Peak XV Partners Investments VI sold 3.3 per cent in the deal. [3] source: The Hindu BusinessLine ET Retail reported that buyers included Franklin Templeton Mutual Fund, ICICI Prudential Life Insurance, Birla Mutual Fund and Norges. [4] source: ET Retail Honasa delivered 20%+ YoY growth for three consecutive quarters, with EBITDA and PAT expanding in Q1 FY27. [4] source: ET Retail Its December-quarter profit reached ₹50.2 crore, with revenue rising 16 per cent to ₹602 crore. [5] source: Business Standard
The company targets fiscal 2027 revenue growth in the high-teen percentage range and is exploring fragrance and nutrition-oriented beauty acquisitions. [5] source: Business Standard HDFC Securities reiterated a Buy with a Sep‑27 target price of Rs 550, citing 25% Q2 FY27 revenue growth expectations. [2] source: NDTV Profit
Sources
Questions about Honasa Consumer
How fast is Honasa Consumer growing in India?
Honasa Consumer delivered 20%+ YoY growth for three consecutive quarters, with EBITDA and PAT expanding in Q1 FY27, ET Retail reported in October 2026. Its December-quarter revenue rose 16 per cent to ₹602 crore. [4] source: ET Retail[5] source: Business Standard
What is Honasa Consumer's current strategy in India?
In October 2026, HDFC Securities said Honasa Consumer targets 3 lakh direct outlets over the next three years, up from around 1.2 lakh. In September 2026, Business Standard resurfaced guidance that Honasa is exploring fragrance and nutrition-oriented beauty acquisitions. [3] source: The Hindu BusinessLine[5] source: Business Standard
More stories about Honasa Consumer
- Honasa targets Rs 5,500 crore revenue and 15% EBITDA margin by FY31
- Honasa Q1 FY27 profit more than doubles to ₹90.5 crore as revenue rises 27%
- Honasa elevates Shivang Jain to CEO of BTM Ventures after majority-stake buy
- Sofina Ventures exits 1.28% of Honasa Consumer in ₹177 Cr bulk deal at ₹424/share
- Honasa Buys 58% of Fluence Pharma for ₹135 Cr, Launches Honasa Health for Nutraceuticals
- Honasa Consumer hires two senior leaders to build new brands beyond Mamaearth
Stories that mention Honasa Consumer
2 stories
Honasa Consumer is named in these stories but is not their subject.