Archive · 6 Oct 2026
Honasa Expects Strong Q2 Sales Growth and Margin Gains
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.
Honasa Consumer expects net sales value to grow in the early thirties year-on-year in Q2 FY27, with operating margin in the early double digits.
Mamaearth is expected to post high-teens growth, while Honasa’s younger brands are expected to grow around the mid-forties.
The company said offline channels are leading growth, with general trade and modern trade expected to perform strongly; online growth momentum is also expected to continue.
Honasa shares closed 7.81% higher at Rs 476.65 on the NSE after the disclosure.
The update is provisional, subject to limited auditor review, and is not financial results or earnings guidance.
- Who
- Honasa Consumer, the parent company of Mamaearth.
- What
- It expects early-thirties year-on-year net sales value growth and an early-double-digit operating margin in Q2 FY27.
- When
- Q2 FY27, covering July to September; the disclosure was filed on Tuesday.
- Where
- The update was filed with the stock exchanges; Honasa shares were traded on the NSE.
- Why
- The company attributed expected growth to broad-based traction across focus categories and brands, with offline channels leading.
- 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