Honasa Consumer Limited (HONASA) AI Stock Analysis

• Market Cap: ₹98.57B
• Dividend Yield: N/A
• Average Volume (3M): 27.51K
• Price to Earnings (P/E): 46.5
• Beta (1Y): 0.38
• Revenue Growth: 10.59%
• EPS Growth: 67.55%
• Country: IN
• Employees: 842
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Household & Personal Products
• EPS (TTM): 1.70
• Shares Outstanding: 325,369,780
• 10 Day Avg. Volume: 14,508
• 30 Day Avg. Volume: 27,511
• PEG Ratio: -2.82
• Price to Book (P/B): 6.48
• Price to Sales (P/S): 3.70
• P/FCF Ratio: 89.87
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹387.50
• Price Target Upside: 29.15% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2
• EPS Forecast (FY): 6.75
• Revenue Forecast (FY): ₹27.06B

• Rating: 64 Neutral
• Price Target: ₹304.00 ▲(1.32% Upside)
• Action: Reiterated Date: 11/01/25
• Date: Action: Reiterated 11/01/25

Honasa Consumer Limited's overall stock score of 64 is primarily driven by strong financial performance, with robust revenue growth and a stable balance sheet. However, concerns over a significant decline in free cash flow, a high P/E ratio suggesting overvaluation, and neutral-to-bearish technical indicators temper the outlook. Investors should monitor cash flow trends and valuation metrics closely.

Positive Factors

Consistent revenue growth

Sustained revenue expansion demonstrates strengthening product-market fit and distribution scale. Over 2–6 months this trend supports higher operating leverage, improves unit economics, and provides room to invest in distribution and product R&D while spreading fixed marketing and channel costs.

Negative Factors

Historical profitability volatility

A history of material losses and volatile net margins signals underlying earnings instability. Structural fixes may be underway, but prior volatility raises risk that margins could revert under channel or competitive stress, complicating multi‑period cash flow predictability and capital allocation.

Honasa Consumer Limited Business Overview & Revenue Model

Company Description

Honasa Consumer Limited operates as a digital-first beauty and personal care company in India. The company offers baby care, face care, body care, hair care, color cosmetics, and fragrance products under the Mamaearth, The Derma Co., Aqualogica, A...

Read more

Honasa Consumer Limited operates as a digital-first beauty and personal care company in India. The company offers baby care, face care, body care, hair care, color cosmetics, and fragrance products under the Mamaearth, The Derma Co., Aqualogica, A...

How the Company Makes Money

HONASA generates revenue through the sale of its diverse product range across multiple channels, including online e-commerce platforms, retail stores, and direct-to-consumer sales. The company leverages its strong digital presence and marketing st...

Read more

HONASA generates revenue through the sale of its diverse product range across multiple channels, including online e-commerce platforms, retail stores, and direct-to-consumer sales. The company leverages its strong digital presence and marketing st...

Honasa Consumer Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	21.84B	20.67B	19.20B	14.93B	9.43B	4.60B
Gross Profit	15.43B	14.54B	13.39B	10.46B	6.60B	3.27B
EBITDA	2.30B	1.47B	1.86B	-1.10B	320.14M	-13.22B
Net Income	1.32B	726.87M	1.12B	-1.43B	157.15M	-13.32B
Balance Sheet
Total Assets	18.95B	17.90B	16.32B	9.77B	10.35B	3.03B
Cash, Cash Equivalents and Short-Term Investments	5.54B	6.36B	7.48B	2.99B	4.26B	1.85B
Total Debt	1.42B	1.36B	1.31B	921.90M	596.29M	19.74B
Total Liabilities	6.24B	6.10B	5.37B	3.71B	3.29B	20.68B
Stockholders Equity	12.71B	11.80B	10.95B	6.06B	7.06B	-17.65B
Cash Flow
Free Cash Flow	-43.34M	850.67M	2.24B	-632.73M	431.80M	309.87M
Operating Cash Flow	1.62M	1.02B	2.35B	-515.54M	445.88M	320.07M
Investing Cash Flow	106.74M	-1.45B	-4.70B	428.63M	-5.00B	-206.06M
Financing Cash Flow	-177.06M	-311.12M	3.37B	-140.56M	4.81B	-12.77M

Honasa Consumer Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 300.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HONASA, the sentiment is Positive. The current price of 300.05 is above the 20-day moving average (MA) of 287.92, above the 50-day MA of 288.98, and above the 200-day MA of 287.25, indicating a bullish trend. The MACD of 3.39 indicates Negative momentum. The RSI at 59.46 is Neutral, neither overbought nor oversold. The STOCH value of 85.04 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:HONASA.

Honasa Consumer Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
COLPAL	70 Outperform	₹503.38B	43.58	―	2.42%	-2.06%	-9.74%
MARICO	69 Neutral	₹977.51B	54.57	―	1.42%	22.56%	4.73%
DABUR	66 Neutral	₹735.28B	39.88	―	1.62%	2.68%	1.07%
HONASA	64 Neutral	₹98.57B	46.47	―	―	10.59%	67.55%
EMAMILTD	64 Neutral	₹179.85B	18.06	―	1.91%	0.84%	-2.44%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
GODREJCP	59 Neutral	₹1.05T	62.79	―	1.67%	5.77%	―