Honasa Consumer Limited announced its financial results for the second quarter and half year ended September 30, 2026. The company reported a substantial 35.9% year-over-year growth in revenue from operations, reaching INR 731 crore for Q2 FY27. EBITDA also saw a significant increase, nearly doubling year-over-year to INR 93 crore, with an EBITDA margin of 12.7%. Profit After Tax stood at INR 73 crore.
Honasa Consumer Reports Strong Financial Performance for Q2 FY27
Honasa Consumer Limited has disclosed its financial results for the quarter and half year ending September 30, 2026. The company has demonstrated robust growth across key financial metrics, underscoring its expanding market presence and operational efficiency.
Q2 FY27 Financial Highlights
- Revenue from Operations: Increased by 35.9% year-over-year to INR 731 crore in Q2 FY27, compared to INR 538 crore in Q2 FY26.
- Gross Profit Margin: Maintained a strong profile at approximately 70.0%.
- EBITDA: Nearly doubled year-over-year, reaching INR 93 crore, with an EBITDA margin of 12.7%. This represents a 95.6% increase from Q2 FY26.
- Profit After Tax (PAT): Grew by 86.7% to INR 73 crore, with a PAT margin of 10.0%.
- Underlying Volume Growth (UVG): The company achieved 31.3% volume-led growth.
- Cash Generation: Cash generation in H1 FY27 was INR 110 crore, marking a 5x+ year-over-year increase.
H1 FY27 Performance
- Revenue from Operations: For the first half of FY27, revenue stood at INR 1,487 crore, up 31.2% compared to H1 FY26.
- EBITDA: Increased by 117.7% year-over-year to INR 203 crore, with an EBITDA margin of 13.7%.
- Profit Before Tax (PBT): Showed a 103.1% increase to INR 220 crore.
- Profit After Tax (PAT): Increased by 103.2% to INR 164 crore, with a PAT margin of 11.0%.
Key Drivers for EBITDA Growth
The improvement in EBITDA margin was attributed to key drivers:
- A&P and Mix Efficiencies: A favorable channel mix, with higher contribution from profitable offline and quick commerce-led B2B channels. Advertising and Promotion (A&P) spends grew in absolute terms but declined as a percentage of revenue.
- Operating Leverage: Achieved scale-led leverage across overheads.
Consolidated Revenue Sources
Consolidated revenue from operations includes contributions from BBlunt Spratt Hair Dressing Private Limited, Bhabani Blunt Hairdressing Private Limited, and BTM Ventures Limited (Reginald Men & Molecular Company).
The presentation also highlighted the company’s performance across various categories and brands, including focus categories growing 40%+ and strong traction across eCommerce, General Trade, and Modern Trade channels. Younger brands accelerated to 45%+ YoY growth, and The Derma Co. continues its strong profitable growth trajectory.
Source: BSE