Startup Atlas · Beauty & Personal Care

Honasa Consumer (Mamaearth) Listed

Honasa Consumer Limited ● Gurugram, Haryana ● Founded 2016 ● honasa.in ↗
Varun Alagh · Co-Founder, Chairman, CEO & Whole-Time Director Ghazal Alagh · Co-Founder, Whole-Time Director & Chief Innovation Officer
$350 MnTotal funding (tracked)
5Funding rounds
31 Oct 2023Last round
958Team size (sourced)

Honasa Consumer (Mamaearth): Financial Breakdown

Figures below are FY26-Q4, consolidated basis, compiled from filings and disclosures — every year cited to its source.

Rs 657.08 crore (23.1% YoY growth, highest-ever quarterly revenue)Total revenue
Rs 594 croreTotal expenses
Rs 77 crore (11.7% margin, highest-ever quarterly EBITDA)EBITDA
Net profit of Rs 69.43 crore (178% YoY growth)Net profit

Revenue by fiscal year

0100200300$M₹2,066.9 Cr revenue from operations (+8% YoY): $248.7M249FY2025₹2,392 Cr revenue from operations (+15.7% YoY): $270.7M271Rs 459.9 crore (revenue from operations): $54.8M55Rs 943 crore (revenue from operations): $112.3M112FY22Rs 1,493 crore (revenue from operations): $177.7M178Rs 1,920 crore (28.6% YoY growth): $228.6M229Rs 488.22 crore: $58.1M58FY24-Q3Rs 471 crore (21% YoY growth): $56.1M56Rs 554 crore (19% YoY growth): $66.7M67Rs 462 crore (7% YoY decline): $55.6M56FY25-Q2Rs 517.51 crore: $62.3M62Rs 534 crore (13% YoY growth): $64.3M64Rs 595.2 crore (7.4-7.6% YoY growth): $67.4M67FY26-Q1Rs 539 crore (16.5% YoY growth): $61M61Rs 601.54 crore (16.2% YoY growth, highest-ever quarterly revenue at the time): $68.1M68Rs 657.08 crore (23.1% YoY growth, highest-ever quarterly revenue): $74.4M74FY26-Q4

Net profit / loss by fiscal year

-200-150-100-50050$M₹72.68 Cr consolidated net profit (down ~34% YoY from ₹110.5 Cr in FY24): $8.7M8.7FY2025₹200.2 Cr consolidated net profit (+175.4% YoY): $22.7M23Net loss of Rs 1,332.2 crore: $-158.6M-159Net profit of Rs 14 crore: $1.7M1.7FY22Net loss of Rs 151 crore (statutory, incl. exceptional item): $-18M-18Net profit of Rs 111 crore: $13.2M13Net profit of Rs 25.90 crore: $3.1M3.1FY24-Q3Net profit of Rs 30.4 crore: $3.6M3.6Net profit of Rs 40 crore (63% YoY growth): $4.8M4.8Net loss of Rs 18.57 crore: $-2.2M-2.2FY25-Q2Net profit of Rs 26.02 crore: $3.1M3.1Net profit of Rs 25 crore (18% YoY decline): $3M3Net profit of Rs 41.3 crore (2.7-3% YoY growth): $4.7M4.7FY26-Q1Net profit of Rs 39.2 crore (swing from year-ago Rs 18.5 crore loss): $4.4M4.4Net profit of Rs 50.2 crore (93% YoY growth): $5.7M5.7Net profit of Rs 69.43 crore (178% YoY growth): $7.9M7.9FY26-Q4

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY26-Q4 Rs 657.08 crore (23.1% YoY growth, highest-ever quarterly revenue) Rs 594 crore Rs 77 crore (11.7% margin, highest-ever quarterly EBITDA) Net profit of Rs 69.43 crore (178% YoY growth) source
FY26-Q3 Rs 601.54 crore (16.2% YoY growth, highest-ever quarterly revenue at the time) Rs 550.31 crore Not disclosed in cited source Net profit of Rs 50.2 crore (93% YoY growth) source
FY26-Q2 Rs 539 crore (16.5% YoY growth) — Rs 48 crore Net profit of Rs 39.2 crore (swing from year-ago Rs 18.5 crore loss) source
FY26-Q1 Rs 595.2 crore (7.4-7.6% YoY growth) — Rs 45.7 crore Net profit of Rs 41.3 crore (2.7-3% YoY growth) source
FY25-Q4 Rs 534 crore (13% YoY growth) — Rs 27 crore (5.1% margin) Net profit of Rs 25 crore (18% YoY decline) source
FY25-Q3 Rs 517.51 crore Rs 507.31 crore (labeled 'Operating Expenses' by source, not confirmed as full P&L total) Rs 26 crore Net profit of Rs 26.02 crore source
FY25-Q2 Rs 462 crore (7% YoY decline) Rs 506 crore EBITDA margin 6.60% (absolute figure not stated) Net loss of Rs 18.57 crore source
FY25-Q1 Rs 554 crore (19% YoY growth) — Rs 46 crore (8.3% margin) Net profit of Rs 40 crore (63% YoY growth) source
FY24-Q4 Rs 471 crore (21% YoY growth) — Rs 33 crore Net profit of Rs 30.4 crore source
FY24-Q3 Rs 488.22 crore — ~Rs 34 crore (7.1% margin, back-calculated from Q3 FY25 YoY decline) Net profit of Rs 25.90 crore source
FY24 Rs 1,920 crore (28.6% YoY growth) — Rs 137 crore (562 bps YoY margin improvement) Net profit of Rs 111 crore source
FY23 Rs 1,493 crore (revenue from operations) Rs 1,502 crore EBITDA margin ~2.98% (absolute figure not stated) Net loss of Rs 151 crore (statutory, incl. exceptional item) source
FY22 Rs 943 crore (revenue from operations) Rs 942 crore EBITDA margin ~3.36% (absolute figure not stated) Net profit of Rs 14 crore source
FY21 Rs 459.9 crore (revenue from operations) Rs 1,796.7 crore Not disclosed in source Net loss of Rs 1,332.2 crore source
FY2026 ₹2,392 Cr revenue from operations (+15.7% YoY) — ₹231 Cr EBITDA (9.7% margin, up from 3.3% in FY25) ₹200.2 Cr consolidated net profit (+175.4% YoY) source
FY2025 ₹2,066.9 Cr revenue from operations (+8% YoY) — ₹69 Cr EBITDA (3.3% margin) ₹72.68 Cr consolidated net profit (down ~34% YoY from ₹110.5 Cr in FY24) source

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Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: entrackr.com www.bseindia.com lapaasvoice.com · Last verified 9 Sep 2026. · Report a correction