Honasa Consumer Projects Strong Q1 FY27 Performance, Targets Double-Digit Operating Margin

Honasa Consumer Projects Strong Q1 FY27 Performance, Targets Double-Digit Operating Margin​

Honasa Consumer Limited has provided an update on its operating performance for the quarter ended June 30, 2026 (Q1 FY27), anticipating a robust period as it begins fiscal year 2027. The company expects sustained growth across its portfolio, aiming to deliver a double-digit operating margin profile in Q1 FY27 aided by operational leverage from scale.

The outlook for the quarter suggests strong Year-on-Year (YoY) growth opportunities. Overall business growth is expected to be around thirties during the quarter. When adjusting for the change in revenue recognition policy involving the Flipkart group, the company expects YoY growth to fall within the mid-twenties range.

Brand and Channel Growth Drivers​

The performance of key brands is expected to drive significant momentum. Honasa’s flagship brand, Mamaearth, is anticipated to achieve high-teens growth YoY. This projected acceleration is attributed to increasing consumer affection for the brand coupled with strengthening offline distribution channels.

The company's portfolio of younger brands is also set for considerable expansion. Brands including The Derma Co., Aqualogica, BBlunt, Dr. Sheth's, Staze, Lumineve, and Reginald Men are expected to deliver growth in the early forties range during the quarter.

Channel execution remains a critical focus area. The Offline channel is noted as a key growth driver. Both General Trade and Modern Trade channels are expected to maintain strong momentum. This success is supported by improving direct distribution reach in General Trade and effective in-store execution across both offline segments. The Online channel is also anticipated to deliver healthy growth during the period.

Company Overview​

Honasa Consumer Limited stands as India's largest digital-first beauty and personal care company, possessing a diverse brand portfolio. The company leverages data-driven innovation and maintains a strong omnichannel distribution network, positioning it uniquely to capture trends within the Beauty Personal Care (BPC) market.

HONASA Stock Price Movement​

HONASA CONSUMER LIMITED shares are edging higher to ₹470 as of 9:04 AM during the pre-open session, gaining 0.51%. The equity rises by ₹2.40 against the prior close, demonstrating positive momentum entering the trading session.