Honasa Q4 profit jumps 178% to Rs 69 Cr; margin doubles, declares maiden dividend

Mamaearth parent posts Q4 revenue of Rs 657 Cr (+23%), with EBITDA margin expanding to 11.7% from 5.1%. Direct distribution hit 1.2 lakh outlets and younger brands led by The Derma Co grew 40% YoY. FY26 PAT at Rs 200 Cr; board approves first-ever Rs 3/share dividend.

— Source publishedThu, 21 May, 2026, 21:33 IST·First seen Thu, 21 May, 2026, 21:40 IST·Source YourStory · Capital

What happened

Honasa Consumer's Q4 net profit jumped 178% to Rs 69.43 cr on 23% revenue growth to Rs 657 cr, with EBITDA margin expanding to 11.7%. Direct distribution

Key facts

  • Q4 net profit Rs 69.43 cr (+178%)
  • Q4 revenue Rs 657.08 cr (+23.15%)
  • Q4 EBITDA Rs 77 cr
  • EBITDA margin 11.7% vs 5.1%
  • FY26 PAT Rs 200.19 cr
  • FY26 income Rs 2,475.52 cr (+15.37%)
  • 1.2 lakh outlets billed
  • Younger brands +40% YoY
  • Maiden dividend Rs 3/share
  • Stock Rs 299.05 (+2.24%)

Why this matters

Honasa's portfolio diversification and improving cash generation make it both a stronger acquirer of niche D2C brands and a benchmark for BPC roll-up theses.

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