Honasa Consumer Limited — Q1FY27 earnings call summary

Filed 13 August 2026 · Company audio recording

Calibrated price increases taken late Q1 to offset rising packaging and crude-related RM costs; impact expected in Q2.
Targeting high teens CAGR over next 5 years; this year expected to outperform that average.
Inflationary pressures on packaging and crude derivatives expected to impact Q2; mitigated by price hikes and inventory management.
Q1 EBITDA margin improved by ~350bps organically plus ~100bps seasonal benefit; normalized margin ~12.5%.
Operating leverage and mix improvements driving margin expansion; committed to 100-150bps margin expansion annually to reach 15% in 5 years.
Seasonal margin benefits in Q1 unlikely to repeat in subsequent quarters.
Growth reinvestment may moderate margin expansion pace; focus remains on balancing growth and profitability.
Mama Earth to deliver double-digit CAGR over 5 years, with both online and offline channels growing strongly.