Honasa Consumer hits 52-week high as Q4 profit triples, declares maiden dividend

Mamaearth-parent Honasa Consumer surged 10.5% to a 52-week high of ₹397.65 after Q4FY26 net profit jumped 177% YoY to ₹69 cr on revenue of ₹657 cr (+23%). EBITDA margin expanded to 11.7%. Board declared maiden ₹3/share dividend; younger brands grew 40%+ and Reginald Men crossed ₹100 cr ARR. JM Financial set TP at ₹420.

— Source publishedFri, 22 May, 2026, 10:47 IST·First seen Fri, 22 May, 2026, 10:49 IST·Source Mint · Markets

What happened

Mamaearth-parent Honasa Consumer stock hit 52-week high, surging 10.5% after Q4FY26 net profit jumped 177% to ₹69 cr on ₹657 cr revenue. Board declared maiden

Key facts

  • Q4 net profit ₹69 cr (+177% YoY)
  • Q4 revenue ₹657 cr (+23% YoY)
  • Q4 EBITDA ₹77 cr (+186% YoY)
  • EBITDA margin 11.7%
  • FY26 PAT ₹200.2 cr (+176%)
  • FY26 revenue ₹2,391.9 cr (+16%)
  • Maiden dividend ₹3/share
  • Stock +10.5% to 52-wk high ₹397.65
  • JM Financial TP ₹420
  • Reginald ARR ₹100 cr+

Why this matters

Honasa's proven ability to scale sub-brands past ₹100 cr ARR makes it both a credible acquirer of niche D2C beauty assets and a benchmark for valuing emerging BPC challengers in M&A pipelines.