Honasa Consumer Q4 results: Profit more than doubles to Rs 69 cr; co declares Rs 3 dividend

The parent company of Mamaearth reported its highest-ever quarterly revenue of Rs 682 crore in Q4 FY26, registering a growth of 28% YoY.

The company said EBITDA for the quarter stood at Rs 77 crore, also its highest-ever quarterly operating profit. Profit after tax for the quarter came in at Rs 69 crore, more than doubling compared with the corresponding period last year.

Honasa Consumer said FY26 marked its third consecutive quarter of more than 20% growth. For the full financial year FY26, the company reported annual profit after tax of Rs 200 crore. The board also approved the company’s maiden final dividend of Rs 3 per equity share. According to the company, the dividend payout amounts to 51.2% of FY26 standalone profit after tax, subject to shareholder approval at the annual general meeting.

Chairman and CEO Varun Alagh said the company spent FY26 strengthening execution across core categories and improving offline distribution capabilities. “Over the last few quarters, we stayed sharply focused on improving execution across our focus categories, strengthening product superiority, scaling hero products and rebuilding momentum in offline distribution,” Alagh said. He added that investments in AI-led content systems, research and development, product innovation and distribution infrastructure were beginning to reflect in stronger execution quality across the organisation.

Live Events

The company said Mamaearth continued gaining market share across key categories during the quarter, according to NielsenIQ data. Its hero stock keeping units grew more than two times faster than the broader brand portfolio, supported by products including Ubtan Face Wash and Onion Shampoo. The company also highlighted traction in newer launches such as Rice Face Wash and Rosemary Anti-Hair Fall Shampoo.

Honasa Consumer said its offline distribution network expanded significantly during the year. The company billed more than 1.2 lakh outlets directly through distributors during FY26 as it strengthened its offline ecosystem. Its younger brands also maintained strong momentum, growing more than 40% YoY during FY26 across both online and offline channels.Its Derma Co brand continued to report strong growth while maintaining a double-digit EBITDA profile. Honasa said its focus categories grew more than 35% during the year, with growth visible across all key channels. The company also highlighted the performance of recently acquired men’s grooming brand Reginald Men. In its first quarter of consolidation, Reginald Men crossed an annual revenue run-rate of more than Rs 100 crore while doubling its revenue year-on-year.

Honasa Consumer operates a portfolio of digital-first beauty and personal care brands including Mamaearth, The Derma Co., Aqualogica, Dr. Sheth’s, BBlunt and Staze Beauty. The company has increasingly focused on improving profitability and execution after facing investor concerns around slowing growth and rising competitive intensity in the direct-to-consumer beauty segment over the past year.