Honasa Consumer Ltd

AI

Honasa Consumer Ltd

₹ 496 1.99%
12 Nov - close price
About

Incorporated in 2016, Honasa Consumer Limited (HCL) provides beauty and personal care products through its digital platform.[1]

Key Points

Market Position[1] Honasa is India's largest digital-first beauty and personal care (BPC) company by revenue in FY24. As of CY23, according to Euromonitor, Mamaearth ranks as the third-largest skincare brand in India.[2]

  • Market Cap ₹ 16,154 Cr.
  • Current Price ₹ 496
  • High / Low ₹ 510 / 248
  • Stock P/E 56.4
  • Book Value ₹ 45.6
  • Dividend Yield 0.61 %
  • ROCE 19.2 %
  • ROE 15.7 %
  • Face Value ₹ 10.0

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 10.9 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
496 488 471 554 462 518 534 595 538 602 657 756 731
456 454 438 508 493 491 507 549 490 536 580 646 638
Operating Profit 40 34 33 46 -31 26 27 46 48 65 77 110 93
OPM % 8% 7% 7% 8% -7% 5% 5% 8% 9% 11% 12% 15% 13%
7 11 19 19 20 19 21 24 20 16 19 23 22
Interest 2 3 3 3 3 3 3 3 3 3 3 3 3
Depreciation 6 8 10 9 11 13 12 11 12 11 11 10 11
Profit before tax 39 35 39 52 -24 29 32 56 53 67 82 119 101
Tax % 25% 25% 22% 23% -24% 12% 22% 26% 26% 25% 15% 24% 27%
29 26 30 40 -19 26 25 41 39 50 69 90 73
EPS in Rs 2.16 0.80 0.94 1.24 -0.57 0.80 0.77 1.27 1.21 1.54 2.13 2.77 2.24
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
460 943 1,493 1,920 2,067 2,392 2,746
1,794 932 1,470 1,782 1,997 2,156 2,400
Operating Profit -1,334 12 23 138 70 236 346
OPM % -290% 1.2% 1.5% 7% 3.4% 10% 13%
12 21 -132 49 77 79 79
Interest 1 3 7 9 13 13 13
Depreciation 2 7 25 31 45 44 43
Profit before tax -1,325 22 -141 147 90 257 369
Tax % 1% 36% 7% 25% 19% 22%
-1,332 14 -151 111 73 200 283
EPS in Rs -101.23 1.18 -10.47 3.45 2.24 6.15 8.68
Dividend Payout % 0% 0% 0% 0% 0% 49%
Compounded Sales Growth
10 Years: %
5 Years: 39%
3 Years: 17%
TTM: 26%
Compounded Profit Growth
10 Years: %
5 Years: 17%
3 Years: 118%
TTM: 118%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 16%
1 Year: 76%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Sep 2026
Equity Capital 0.01 0.01 136 324 325 325 326
Reserves -1,765 -1,087 -1,323 771 855 1,086 1,160
1,954 1,853 1,885 131 136 135 129
114 271 288 413 492 560 694
Total Liabilities 303 1,036 986 1,640 1,808 2,107 2,308
21 342 252 299 302 489 478
CWIP 0 2 0 0 0 0 0
Investments 164 339 260 292 305 272 358
117 354 474 1,049 1,201 1,346 1,472
Total Assets 303 1,036 986 1,640 1,808 2,107 2,308

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
30 45 -52 235 102 141
-21 -505 40 -470 -145 -17
-1 481 -14 337 -31 -38
Net Cash Flow 8 21 -26 102 -74 86
Free Cash Flow 29 42 -63 224 82 134
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit -3% 470% -172% 194% 139% 85%

Ratios

Consolidated / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 27 28 32 30 23 30
Inventory Days 114 86 99 83 105 92
Days Payable 221 219 161 185 212 193
Cash Conversion Cycle -80 -105 -30 -71 -84 -71
Working Capital Days -2 -12 8 -10 -17 -9
ROCE % 5% 3% 16% 8% 19%

Insights

In beta
Sep 2022 Mar 2024 Mar 2025 Mar 2026
Total FMCG Retail Outlets (Mamaearth Presence)
Outlets

Log in to view insights

Please log in to see hidden values.

Login
Underlying Volume Growth (UVG)
% YoY
Number of Outlets Billed Directly Through Distributors (GT Direct Reach)
Outlets
Direct Distributor % of GT Primary Sales
% of GT primary sales

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

5 Recently
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
35.34% 35.07% 35.07% 34.98% 35.03% 34.99% 34.99% 34.97% 35.54% 35.54% 35.47% 35.47%
10.12% 12.22% 13.95% 19.31% 15.44% 15.55% 16.09% 15.50% 14.62% 13.74% 13.64% 14.91%
17.58% 15.91% 17.36% 17.49% 18.45% 18.49% 18.90% 19.15% 18.64% 19.24% 21.58% 23.37%
36.96% 36.80% 33.62% 28.23% 31.07% 30.97% 30.02% 30.36% 31.19% 31.48% 29.30% 26.24%
No. of Shareholders 53,18651,09544,82465,72494,58592,00881,09081,84182,09178,18785,33694,445

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Annual reports

Concalls