Honasa Hits 52-Week High As Q4 Profit Nearly Triples, Younger Brands Drive 40%+ Growth

Mamaearth parent Honasa Consumer's Q4 FY26 net profit jumped 177.6% YoY to ₹69.4 Cr on revenue of ₹657.1 Cr (+23.1%). FY26 EBITDA tripled to ₹231 Cr. Stock surged 13% to ₹405.4 as CLSA (TP ₹434) and Jefferies (TP ₹565) stayed bullish. Younger brands like The Derma Co. and Aqualogica grew 40%+.

— Source publishedFri, 22 May, 2026, 13:14 IST·First seen Fri, 22 May, 2026, 13:14 IST·Source Inc42

What happened

Mamaearth (Honasa Consumer) · Honasa Consumer's stock hit a 52-week high after Q4 FY26 profit nearly tripled to ₹69.4 Cr and revenue rose 23%. Younger brands

Key facts

  • Q4 FY26 net profit ₹69.4 Cr (+177.6% YoY)
  • Q4 revenue ₹657.1 Cr (+23.1% YoY)
  • FY26 profit ₹200.2 Cr (+175.4%)
  • FY26 revenue ₹2,391.9 Cr (+15.7%)
  • Q4 EBITDA ₹77 Cr (+186%)
  • FY26 EBITDA ₹231 Cr (+237%)
  • Dividend ₹3/share
  • Stock +13% to 52-wk high ₹405.4
  • Mcap ₹12,990 Cr
  • CLSA TP ₹434
  • Jefferies TP ₹565

Why this matters

Honasa's accelerating younger-brand portfolio and tripled EBITDA make it both a benchmark for D2C-to-omnichannel beauty roll-ups and a potential acquirer of niche derma/skincare assets to extend its house-of-brands flywheel.

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