Honasa Consumer Limited — Q1FY27 Earnings Call Summary

HONASA · Q1FY27 · Filed 19 Aug 2026

Key Takeaways

• Q1 FY27 revenue grew 32% y-y with EBITDA of INR110 Cr and PAT of INR90 Cr
• Management reiterated 5-year high-teens CAGR growth target and 100-150 bps annual EBITDA margin expansion
• Volume growth was 30.5%; company remains negative working capital and generated INR83 Cr cash
• Innovation and product pipeline strong with new launches in face wash, shampoo, moisturizers, and sunscreens
• Pricing actions taken to offset packaging cost inflation; confident on healthy distribution with <30 days inventory
• EBITDA margin improved by 300-350 bps due to mix and operating leverage; 50 bps seasonal benefit included
• Focus categories grew 35%+, contributing 85% of Q1 revenue; Mamaearth core brand grew high teens
• New brand FIKN launched in fragrances category with patented design and 12-hour clinical efficacy
• Young brands grew 40%+; second INR1,000 Cr brand achieved; BTM Ventures acquisition doubled ARR to INR150 Cr
• E-commerce grew 20%+ with strong gains in quick commerce and Tier 2+ markets

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.