Honasa Consumer Limited - Quarterly Update: Q4 FY26

This update provides an overall summary of the operating performance for the quarter ended March 31, 2026. A detailed Information Update will follow upon Board approval of the Q4 FY26 financial results.

We expect Honasa Consumer Limited to deliver a strong performance in Q4 FY26. Our business is expected to deliver growth1 in late twenties during Q4 FY26, driven by strong growth across focus categories.

On a reported basis (adjusting for the change in revenue recognition policy by the Flipkart group), we expect the company to deliver growth in the early twenties in Q4 FY26.

Our largest brand, Mamaearth, continued its growth momentum and is expected to deliver teens growth during the quarter. The brand continues to garner consumer love, as evidenced by improving brand strength metrics. Our younger brands2 continue their growth trajectory and are expected to deliver growth in the mid-twenties.

Our offline channel remained a key growth driver, with General Trade and Modern Trade expected to continue strong growth momentum, supported by improving distribution coverage.

This also marks the first full quarter of our acquisition, BTM Ventures Private Limited (parent of Reginald Men and Molecular Company), which is expected to deliver a strong performance.

We expect the business to sustain its overall operating profit margin profile in Q4 FY26, led by leverage in marketing spends and fixed overheads.

We remain cognizant of the evolving geopolitical environment and will continue to undertake proactive measures to mitigate any potential impact on operations and cost structure.

Shares of Honasa Consumer Limited was last trading in BSE at Rs. 312.80 as compared to the previous close of Rs. 302.95. The total number of shares traded during the day was 97028 in over 4830 trades.

The stock hit an intraday high of Rs. 316.35 and intraday low of 305.95. The net turnover during the day was Rs. 30265626.00.

Source : Equity Bulls

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HonasaConsumer PersonalCare INE0J5401028 QuarterlyUpdate Q4FY26