Honasa Consumer

Honasa delivered its highest-ever quarterly revenueCurrent reported value: highest-ever quarterly revenue. No comparable prior figure is available in the source record. of ₹662 crore, growing 21.7% YoYCurrent 21.7% vs previous available quarter 22.5%., driven by 30% UBG growthCurrent 30% UBG growth. Reported change: +30% YoY. and strong performance across all channels. EBITDA margin improved to 10.9%Current reported value: 10.9%. No comparable prior figure is available in the source record., with PAT nearly doubling. The core brand Mamaearth returned to double-digit growth, while young brands (Dermaco, Aqualogica, etc.) grew 25%+Current 25%+. Reported change: +25%+ YoY.. Management expressed confidence in sustaining this trajectory, targeting 100bps annual margin expansion. The acquisition of Reginald Men strengthens presence in men's skincare and South India. Key risk: increased competitive intensity from legacy FMCG players and D2C brands in online channels.