Analysts said Honasa's Q2FY27 was a strong quarter, with a beat on all fronts. Growth was broad-based, with focus categories growing more than 40%, Mamaearth sustained its high-teens growth and younger brands grew over 45%. In 2026 so far, Honasa shares have climbed 70 per cent and are up 76 per cent on a one-year basis, according to NSE data.