Honasa stock jumps 10% as Q4 profit triples, Mamaearth offline push pays off
Honasa Consumer Q4FY26 net profit nearly tripled to Rs 69.2 cr from Rs 24.9 cr, with revenue up 23.1% to Rs 657.1 cr and EBITDA margin at 11.7%. Mamaearth posted double-digit growth on stronger offline distribution. Jefferies raised target to Rs 565; Citi stayed Sell at Rs 320.
Honasa Consumer shares jumped over 10% after Q4FY26 net profit tripled to Rs 69 cr and revenue rose 23% to Rs 657 cr. Mamaearth posted double-digit growth with stronger offline presence; Jefferies raised target to Rs 565, Citi stayed Sell.
Why this matters
Confirms Honasa's turnaround narrative after recent signals flagged a 178% Q4 profit jump, maiden Rs 3 dividend, and Mamaearth scaling to 1.2 lakh offline outlets.
Retail-company signals steady at 897 in last 90 days, with Honasa among standout earnings movers.