Fresh off an impressive Q4 turnaround, the Mamaearth parent has set its sights on crossing ₹5,000 crore in revenue over the next five years alongside a major margin expansion.
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.
