All Q3 FY26 results →
HC

Honasa Consumer Ltd

Q3 FY26Personal Products

Honasa Consumer Q3 FY26 earnings call: Revenue & Margins

Q3 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹482
Market cap₹15.0K Cr
P/E73.6
Updated23 Aug 2026
Read5 min read

The short version

Company delivered highest-ever quarterly revenue with 21.7% growth, supported by 30% volume growth (UVG). - Core brand Mamaearth is back to double-digit (teens) year-on-year growth. - Younger brands growing strongly at 25%+. - All channels—e-commerce, modern trade, and general trade—are growing well, with off-take and secondary growths at 20-25%+. - Distribution expansion underway, with plans to double presence in offline outlets. - Management confident of sustaining strong growth and improving margin profiles in coming quarters and FY '27. - Expect continued double-digit growth for Mamaearth for at least next 5 quarters. - Focus on growing core categories, scaling young brands, and deepening distribution. - New brands have potential to become sizeable growth engines with some targeting Rs. The company targets to achieve 100 basis points (1%) year-on-year EBITDA margin expansion over the next 2-3 years through a combination of advertising & promotion (A&P) leverage, payroll optimization, and other operational efficiencies.

From Honasa Consumer Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Company delivered highest-ever quarterly revenue with 21.7% growth, supported by 30% volume growth (UVG).
  • Core brand Mamaearth is back to double-digit (teens) year-on-year growth.
  • Younger brands growing strongly at 25%+.
  • All channels—e-commerce, modern trade, and general trade—are growing well, with off-take and secondary growths at 20-25%+.
  • Distribution expansion underway, with plans to double presence in offline outlets.
  • Management confident of sustaining strong growth and improving margin profiles in coming quarters and FY '27.
  • Expect continued double-digit growth for Mamaearth for at least next 5 quarters.
  • Focus on growing core categories, scaling young brands, and deepening distribution.

2 more points from Honasa Consumer Ltd's call on revenue

Pro opens every point from 15K+ earnings calls

Profitability & Margins

See what Honasa Consumer Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The transcript does not explicitly mention specific current or future capex, capital investments, or strategic investments by Honasa Consumer Limited. However, relevant insights related to investment strategy include: - Management bandwidth and investment allocation focus on capitalizing on category tailwinds and growth opportunities ("investment allocation is more based on the chessboard"). - The company is expanding deeper into General Trade (GT) and the Chemist channel, indicating ongoing investments in distribution expansion. - The approach includes sharpening brand positioning to maintain premium pricing, implying investment in brand building and marketing.

2 more points from Honasa Consumer Ltd's call on capex

Pro opens every point from 15K+ earnings calls

Top-ranked in Personal Products

Ranked on what management guided this quarter

Guidance-ranked
1Anondita Medi.
Rev 1Mar 1
Rev 3Mar 3
3
Rev 3Mar 3
4
Rev 3Mar 3
5
Rev 3Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Honasa Consumer Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The provided pages (8-18) of the Honasa Consumer Limited transcript do not contain specific information regarding the current or expected order book or pending orders. The discussion primarily focuses on: - Growth strategies, brand expansion, and distribution channels (online and offline). - Competitive landscape and consumer focus. - Margin improvement, advertising spend, and cost discipline.

2 more points from Honasa Consumer Ltd's call on order book

Pro opens every point from 15K+ earnings calls

Honasa Consumer Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹608 Cr, net profit ₹64 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Personal Products this season

  • Anondita Medi. (Q3 FY26)

    Revenue from operations (Standalone) for H1 FY26: ₹4,765.06 lakh; H1 FY25: ₹2,497.06 lakh; YoY growth: 91% (Page 26) . Key investor presentation takeaways from

  • Cupid (Q3 FY26)

    Q3 FY26 revenue from operations: ₹93.50 Cr, up 101.71% YoY (Page 9). Key concall takeaways from Cupid Ltd's Q3 FY26 earnings call — and how it ranks against…

  • Emami Ltd (Q3 FY26)

    Significant investment in digital marketing, with digital spends at 50% of total media spends. Key concall takeaways from Emami Ltd's Q3 FY26 earnings call…

  • Dabur India Ltd (Q3 FY26)

    . Key concall takeaways from Dabur India Ltd's Q3 FY26 earnings call — and how it ranks against sector peers.

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Honasa Consumer Ltd and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Honasa Consumer Ltd Q3 FY26 results?

Company delivered highest-ever quarterly revenue with 21.7% growth, supported by 30% volume growth (UVG). - Core brand Mamaearth is back to double-digit (teens) year-on-year growth. - Younger brands growing strongly at 25%+. - All channels—e-commerce, modern trade, and general trade—are growing well, with off-take and secondary growths at 20-25%+. - Distribution expansion underway, with plans to double presence in offline outlets. - Management confident of sustaining strong growth and improving margin profiles in coming quarters and FY '27. - Expect continued double-digit growth for Mamaearth for at least next 5 quarters. - Focus on growing core categories, scaling young brands, and deepening distribution. - New brands have potential to become sizeable growth engines with some targeting Rs. The company targets to achieve 100 basis points (1%) year-on-year EBITDA margin expansion over the next 2-3 years through a combination of advertising & promotion (A&P) leverage, payroll optimization, and other operational efficiencies.

What is Honasa Consumer Ltd share price analysis?

Honasa Consumer Ltd currently shows a neutral. The stock trades at a P/E of 73.6 with a market cap of ₹14,986 Cr. Investors should review the full earnings analysis for detailed insights.

Is Honasa Consumer Ltd planning capital expenditure?

The transcript does not explicitly mention specific current or future capex, capital investments, or strategic investments by Honasa Consumer Limited.

Keep Honasa Consumer Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.