Mamaearth Shares Jump 9% After Company Posts Rs 39 Crore Profit In Q2

Shares of Honasa Consumer, the parent company of Mamaearth, surged 9.3% to an intraday high of Rs 308.55 on the BSE on Thursday, November 13, after the company reported a consolidated net profit of Rs 39

crore for the second quarter of FY26 — marking a sharp turnaround from a net loss of Rs 18 crore in the same period last year.

Sequentially, profit was 5% lower than the Rs 41 crore reported in the April–June quarter.

Honasa’s revenue from operations (like-for-like) rose 22.5% year-on-year to Rs 566 crore in Q2FY26, while overall operating revenue climbed 16% YoY to Rs 538 crore, driven by strong growth in focus categories and continued product innovation.

EBITDA stood at Rs 48 crore, with an EBITDA margin of 8.4%, while gross profit margin improved to 71.9%, reflecting efficiency in cost management and operating leverage gains.

According to the company’s regulatory filing, Mamaearth’s key product lines, particularly face cleansers, continued to gain market share as per NielsenIQ data. The Rice Facewash joined the Rs 100-crore annual recurring revenue (ARR) club, alongside the brand’s popular Ubtan and Vitamin C ranges.

Total expenses for the quarter were Rs 505 crore, including Rs 158 crore for traded goods, Rs 60 crore in employee costs, and Rs 272 crore in other expenses.

Honasa reported Underlying Volume Growth (UVG) of 16.7%, supported by over 20% YoY growth in its younger brands. The company also saw a 35% year-on-year increase in direct outlets billed under general trade distribution during H1FY26, underscoring its expanding offline presence.

Continuing its premiumisation strategy, Honasa introduced several new products and partnerships, including BBlunt x Tarini, the Dermasoft Baby Range, and Dr. Sheth’s prestige serum relaunches.

Looking ahead, the company is targeting new growth categories. “With Luminéve, our first prestige skincare brand launched on Nykaa, we’ve entered the premium night skincare segment,” said Varun Alagh, Chairman, CEO & Co-founder of Honasa Consumer. “We’ve also invested in Fang, a prestige oral care brand focused on teeth whitening and oral wellness. Beyond business, our Mamaearth Plant Goodness Initiative has already planted over one million trees, with a goal of two million by 2030.”

He added that Honasa remains committed to scaling as a House of Purposeful Brands, driven by innovation and intent, shaping the future of India’s beauty and personal care market.