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Honasa Expects Strong Q2 Sales Growth and Margin Gains

Honasa Expects Strong Q2 Sales Growth and Margin Gains
Honasa Consumer sees margin gains, strong sales growth in Q2 · financialexpress.com

Honasa Consumer makes products sold under brands such as Mamaearth.

The company expects its sales to grow strongly in the July-to-September quarter of FY27.

It also expects its operating profit margin to reach the early double digits.

Mamaearth is expected to grow, and several of Honasa’s younger brands are expected to grow even faster.

The company said sales through physical stores are a major source of growth.

It expects online sales to keep growing too.

Honasa’s share price rose after it shared the update.

The numbers are provisional, and the company will provide a fuller update after its board approves the quarterly results.

Key facts

Reporting period
Q2 FY27 (July-September)
Expected company NSV growth
Early thirties year-on-year
Expected operating margin
Early double digits
Mamaearth expected growth
High-teens year-on-year NSV growth
Younger brands expected growth
Around the mid-forties in NSV
Share close
Rs 476.65 on the NSE, up 7.81% on Tuesday
Status of update
Provisional, subject to limited statutory auditor review; not financial results or earnings guidance

Sources

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