Honasa Consumer’s recovery gains pace. Can execution support its ambitions?

At its investor day 2026 on Wednesday, Honasa laid out its goal of clocking revenue of 5,000-5,500 crore over the next five years, implying a compound annual growth rate (CAGR) of 16-18% from FY26 revenue of almost 2,400 crore. The company is also aiming for a significant Ebitda margin expansion of 500 basis points (bps) to 15% by FY31, aided by increased salience in higher margin channels, operating leverage, changing category mix, and the benefits of scale. Ebitda is earnings before interest, tax, depreciation and amortization, a key measure of profitability for companies.


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