Honasa Q4 net profit jumps 178% to ₹69.4 Cr; emerging brands grow 40% YoY

Mamaearth parent Honasa Consumer posted ₹69.4 Cr Q4 net profit (+178% YoY) on ₹657.1 Cr revenue (+23%), with EBITDA up 186% to ₹77 Cr. Emerging brands like The Derma Co. and Aqualogica grew 40% YoY. Stock rose 8.5%; ₹3/share dividend declared. FY26 EBITDA margin guided at 9.6%.

— Source publishedSat, 23 May, 2026, 18:07 IST·First seen Sat, 23 May, 2026, 18:10 IST·Source Inc42

What happened

Honasa Consumer's Q4 net profit jumped 178% YoY to ₹69.4 Cr on 23% revenue growth, lifting shares 8.5%. Swiggy fell 2.1% after failing to secure 75% shareholder

Key facts

  • Honasa Q4 net profit ₹69.4 Cr (+178% YoY)
  • Honasa revenue ₹657.1 Cr (+23% YoY)
  • Honasa EBITDA ₹77 Cr (+186% YoY)
  • FY26 EBITDA margin 9.6%
  • Dividend ₹3/share
  • Emerging brands +40% YoY
  • Kissht +17.76%
  • Swiggy -2.1%, low ₹247.30
  • Swiggy IOCC vote 72.36% (needed 75%)
  • Paytm block deal ₹630 Cr
  • Pine Labs block deal ₹356.86 Cr

Why this matters

Honasa's diversification beyond Mamaearth into Derma Co. and Aqualogica validates D2C roll-up theses—expect more BPC acquisition activity and premium valuations for digital-first beauty brands.

Also reported by