Financial Performance Highlights

Q1 FY27 Results (Quarter Ended June 30, 2026)

  • Revenue: ₹785 crore (highest-ever quarterly revenue), representing 31.8% year-over-year growth
  • EBITDA: ₹110 crore (more than doubled year-over-year)
  • EBITDA Margin: 14.1%
  • Profit After Tax (PAT): ₹90 crore (highest-ever quarterly profit)
  • PAT Margin: 11.5%

Brand Performance Breakdown

Mamaearth

  • Accelerated to high-teens growth rate
  • Led by Focus Categories growth
  • Rice Dewy Bright Face Wash became the company's #1 face cleanser
  • Rosemary Anti-Hair Fall Shampoo became the second INR 100 crore+ ARR hair ingredient after Onion

The Derma Co.

  • Crossed ₹1,000 crore NSV Annual Run Rate (ARR)
  • Entered the Teens EBITDA Club (EBITDA margin in teens percentage)
  • Face Cleansers crossed ₹200 crore ARR
  • This achievement makes Honasa the only FMCG company in India to build two ₹1,000 crore brands in the last ten years

Younger Brands Portfolio

  • Grew at 40%+ year-over-year
  • Continued traction across multiple segments: Gen Z innovation, premium serums, men's skincare, hair color, and sunscreen

BTM Ventures

  • Crossed ₹150 crore ARR
  • Grew 2X+ since acquisition
  • Expanding beyond South India stronghold into Maharashtra, newer channels, and categories

Channel Performance

  • Offline Channels: Scaled significantly with both General Trade and Modern Trade growing by 40%+
  • Outlet Coverage: Crossed approximately 3 lakh FMCG retail outlets
  • Omnichannel Strength: Strong demand across General Trade, Modern Trade, and eCommerce channels

Category Performance

  • Focus Categories: Grew 35%+ year-over-year
  • New Category Entry: Launched FIKN, India's first elixir brand, entering the fragrance category
  • The fragrance category represents a large, underpenetrated market opportunity in India

Management Commentary

Varun Alagh, Chairman and CEO & Co-founder, stated that the company entered FY27 with focus on building momentum from H2 FY26. He emphasized that the growth is coming from both core and younger brands, demonstrating the effectiveness of their House of Brands strategy. The playbook includes staying close to the core, sharpening category playbooks, and maintaining discipline on capital allocation and talent density.