Honasa Consumer projects ~30% revenue growth in Q1 FY27, double-digit margins hold
Mamaearth parent guides to mid-twenties reported and ~30% adjusted YoY revenue growth for Q1 FY27, led by early-40s expansion in younger brands like The Derma Co. and Aqualogica plus high-teens Mamaearth growth. Offline General and Modern Trade distribution drives the momentum. Stock up 63% YTD to ₹463.15, market cap ~₹15,100 crore, P/E 76.10.
Mamaearth parent Honasa projects ~30% adjusted YoY revenue growth in Q1 FY27 with double-digit margins, driven by younger brands and expanding offline General/Modern Trade distribution ahead of formal results.