Honasa Q2 FY27: Revenue Rs 731 cr, PAT Rs 73 cr; margins expand YoY
Honasa Consumer’s Q2 FY27 revenue from operations rose to Rs 731.00 cr and Profit After Tax to Rs 73.00 cr, with EBITDA and PAT margins higher versus Q2 FY26.
Key takeaways
- Revenue from operations in Q2 FY27 was Rs 731.00 cr, up from Rs 538.00 cr in Q2 FY26.
- EBITDA in Q2 FY27 was Rs 93.00 cr versus Rs 48.00 cr in Q2 FY26, with EBITDA Margin % at 12.7% versus 8.9%.
- Profit Before Tax in Q2 FY27 was Rs 101.00 cr, compared with Rs 53.00 cr in Q2 FY26.
- Profit After Tax in Q2 FY27 was Rs 73.00 cr, up from Rs 39.00 cr in Q2 FY26, with PAT Margin % at 10.0% versus 7.3%.
- H1 FY27 revenue from operations was Rs 1,487.00 cr, compared with Rs 1,133.00 cr in H1 FY26.
Q2 FY27 · consolidated
| Metric | Sep 2026 | Sep 2025 | Change |
|---|---|---|---|
| Revenue | Rs 731.00 cr | Rs 538.00 cr | +35.9% |
| PAT | Rs 73.00 cr | Rs 39.00 cr | +86.7% |
As reported in the filing. Figures are transcribed, not computed.
What the numbers show
- Net margin was 9.99% of revenue, up 273 bps from 7.25%.
• Revenue from operations (Q2 FY27, consolidated P&L summary): Rs 731.00 cr, up from Rs 538.00 cr in Q2 FY26.
• GROSS PROFIT (Q2 FY27): Rs 511.00 cr, compared with Rs 379.00 cr in Q2 FY26.
• GROSS PROFIT Margin % (Q2 FY27): 69.9%, versus 70.5% in Q2 FY26.
• Employee benefit expense (Q2 FY27): Rs 73.00 cr, up from Rs 60.00 cr in Q2 FY26; % of Revenue at 10.0% versus 11.1%.
• Advertisement expense (Q2 FY27): Rs 245.00 cr, compared with Rs 180.00 cr in Q2 FY26; % of Revenue at 33.4% versus 33.5%.
• Other expense (Q2 FY27): Rs 101.00 cr, versus Rs 92.00 cr in Q2 FY26; % of Revenue at 13.8% versus 17.0%.
• EBITDA (Q2 FY27): Rs 93.00 cr, up from Rs 48.00 cr in Q2 FY26.
• EBITDA Margin % (Q2 FY27): 12.7%, compared with 8.9% in Q2 FY26.
• Depreciation and Amortization (Q2 FY27): Rs 11.00 cr, versus Rs 12.00 cr in Q2 FY26.
• Finance costs (Q2 FY27): Rs 3.00 cr, unchanged from Rs 3.00 cr in Q2 FY26.
• Other Income (Q2 FY27): Rs 22.00 cr, compared with Rs 20.00 cr in Q2 FY26.
• Profit Before Tax (Q2 FY27): Rs 101.00 cr, up from Rs 53.00 cr in Q2 FY26.
• PBT Margin % (Q2 FY27): 13.8%, versus 9.8% in Q2 FY26.
• Tax expenses (Q2 FY27): Rs 28.00 cr, compared with Rs 14.00 cr in Q2 FY26.
• Profit After Tax (Q2 FY27): Rs 73.00 cr, up from Rs 39.00 cr in Q2 FY26.
• PAT Margin % (Q2 FY27): 10.0%, versus 7.3% in Q2 FY26.
For the half year ended September 30, 2026 (H1 FY27), the consolidated P&L summary in the investor presentation shows revenue from operations of Rs 1,487.00 cr, compared with Rs 1,133.00 cr in H1 FY26. GROSS PROFIT for H1 FY27 is Rs 1,038.00 cr versus Rs 803.00 cr a year earlier, with GROSS PROFIT Margin % at 69.8% compared with 70.9%.
Employee benefit expense for H1 FY27 is Rs 140.00 cr (Rs 120.00 cr in H1 FY26), with % of Revenue at 9.4% versus 10.6%. Advertisement expense stands at Rs 485.00 cr (Rs 386.00 cr in H1 FY26), with % of Revenue at 32.6% versus 34.1%. Other expense is Rs 210.00 cr (Rs 203.00 cr in H1 FY26), with % of Revenue at 14.1% versus 17.9%.
EBITDA for H1 FY27 is Rs 203.00 cr, compared with Rs 93.00 cr in H1 FY26, and EBITDA Margin % is 13.7% versus 8.2%. Depreciation and Amortization is Rs 21.00 cr (Rs 23.00 cr in H1 FY26), Finance costs are Rs 6.00 cr (Rs 7.00 cr in H1 FY26), and Other Income is Rs 44.00 cr in both H1 FY27 and H1 FY26.
Profit Before Tax for H1 FY27 is Rs 220.00 cr, compared with Rs 108.00 cr in H1 FY26, with PBT Margin % at 14.8% versus 9.6%. Tax expenses are Rs 56.00 cr (Rs 28.00 cr in H1 FY26). Profit After Tax for H1 FY27 is Rs 164.00 cr, versus Rs 81.00 cr in H1 FY26, and PAT Margin % is 11.0% compared with 7.1%.
(All figures above are taken from the consolidated P&L Summary table titled “P&L Summary – All figures in INR Cr” in the investor presentation.)
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