Honasa stock hits 52-week high as FY31 plan targets Rs 5,500 cr revenue, 300K outlets
Mamaearth parent Honasa Consumer rallied 77% in six months to a Rs 438 high after Investor Day 2026. The company guided FY31 revenue of Rs 5,500 cr with 15%+ EBITDA margin, scaling Mamaearth past Rs 2,000 cr and Derma Co past Rs 1,500 cr, while expanding offline distribution from 120,000 to 300,000 outlets.
What happened
Honasa Consumer shares hit 52-week high of Rs 438, up 77% in six months, after Investor Day 2026 unveiled FY31 targets of Rs 5,500 cr revenue, 15%+ EBITDA
Key facts
- Rs 438 52-week high
- 77% rally in 6 months
- Rs 2,400 cr FY26 revenue
- Rs 200 cr PAT FY26
- Rs 5,500 cr FY31 revenue target
- 15%+ EBITDA margin target
- Mamaearth Rs 2,000 cr+ by FY31
- Derma Co Rs 1,500 cr+
- 300,000 outlets target from 120,000
- Rs 13,814 cr market cap
Why this matters
Honasa's pivot to deeper offline plus multi-brand scaling signals appetite for tuck-in derma and personal-care brands that can plug into its expanded 300K-outlet pipe, raising competitive urgency for D2C peers still stuck online.