Honasa Consumer Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹14,422 Cr
- P/E
- 57.13
- ROE
- 15.71%
- PEG
- 0.49
- Price to sales
- 5.66
- Debt to equity
- 0.10
- 52W high / low
- ₹503 / ₹256
- Sales growth (5Y)
- 39.06%
- EBITDA margin
- 11.77%
- Net profit margin
- 8.52%
- Promoter holding
- 35.47%
- Sales (last year)
- ₹2,553 Cr
Incorporated in 2016, Honasa Consumer Limited (HCL) provides beauty and personal care products through its digital platform.[1]
Guidance scorecard · Q1 FY27 call
What Honasa Consumer Ltd's management guided
and where it ranks in Personal Products
Personal Products
RevenueQ1 FY27 call
20–40%- Honasa Consumer targets a high-teens CAGR in revenue growth over the next five years.
- Growth will not be linear; some years will outperform, others will be closer to the CAGR.
- Q1 FY27 saw 32% revenue growth and 30.5% volume growth, indicating strong momentum.
- Mamaearth is expected to maintain double-digit CAGR over five years, with better-than-planned growth in the current year.
- Focus categories like Rice face wash, Rosemary shampoo, and sun care are driving strong sales.
- Young brands are growing at over 30-40%, contributing positively to overall growth.
- General trade and modern trade channels show strong and consistent growth due to focused distribution.
2 more points from Honasa Consumer Ltd's call on revenue
Create a free account to keep reading this call
MarginsQ1 FY27 call
Up 0–2%See what Honasa Consumer Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- Plans to reinvest in growth opportunities, aiming for a balanced approach between margin improvement and growth.
- Continued investments in product innovation and expansion into new categories aligned with long-term growth ambitions.
FundraisingQ1 FY27 call
See what Honasa Consumer Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Ask what Honasa Consumer Ltd said on the order book →
Full Q1 FY27 analysisRanges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Personal Products
on management's own guidance
- Strong growth2
- Strong growth1
- 3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Personal Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹2,041 Cr | 61.0 | |
| 2 | 40%+ | Flat | ₹400 Cr | 35.6 | |
| 3 | Honasa Consumer LtdThis stock | 20–40% | Up 0–2% | ₹14,745 Cr | 58.4 |
| 4 | 10–20% | Flat | ₹87,493 Cr | 42.1 | |
| 5 | 10–20% | Flat | ₹68,298 Cr | 34.4 | |
| 6 | 10–20% | Flat | ₹16,419 Cr | 21.7 |
Sign up free to see every company in the sector ranking and track Honasa Consumer Ltd.
Pro shows every company guiding 40%+ revenue growth →Full Personal Products rankingFinancials of Honasa Consumer Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Honasa Consumer Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 360 | 426 | 460 | 451 | 427 | 544 | 417 | 505 | 523 | 584 | 527 | 587 | 608 |
| Expenses + | 357 | 395 | 415 | 417 | 398 | 501 | 447 | 483 | 499 | 542 | 483 | 527 | 539 |
| Operating Profit | 4 | 31 | 46 | 34 | 29 | 42 | -30 | 22 | 24 | 42 | 44 | 61 | 68 |
| OPM % | 1% | 7% | 10% | 8% | 7% | 8% | -7% | 4% | 5% | 7% | 8% | 10% | 11% |
| Other Income + | -146 | 11 | 8 | 11 | 18 | 19 | 19 | 19 | 20 | 23 | 20 | 15 | 18 |
| Interest | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Depreciation | 5 | 5 | 5 | 6 | 8 | 7 | 8 | 10 | 10 | 8 | 9 | 9 | 8 |
| Profit before tax | -148 | 37 | 48 | 37 | 37 | 51 | -21 | 28 | 32 | 54 | 51 | 64 | 75 |
| Tax % | 2% | 25% | 21% | 22% | 27% | 23% | -29% | 11% | 23% | 26% | 25% | 25% | 14% |
| Net Profit + | -151 | 28 | 38 | 29 | 27 | 39 | -15 | 25 | 25 | 40 | 38 | 48 | 64 |
| EPS in Rs | -11.11 | 2.03 | 2.77 | 0.90 | 0.82 | 1.21 | -0.46 | 0.76 | 0.76 | 1.23 | 1.18 | 1.48 | 1.98 |
Financials of Honasa Consumer Ltd
Profit & Loss
Annual income statement trend
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 17 | 110 | 460 | 932 | 1,395 | 1,764 | 1,866 | 2,305 |
| Expenses + | 21 | 541 | 1,794 | 916 | 1,350 | 1,634 | 1,812 | 2,092 |
| Operating Profit | -4 | -432 | -1,334 | 16 | 45 | 130 | 54 | 214 |
| OPM % | -26% | -393% | -290% | 2% | 3% | 7% | 3% | 9% |
| Other Income + | 1 | 4 | 12 | 21 | -132 | 58 | 76 | 76 |
| Interest | 0 | 0 | 1 | 3 | 5 | 7 | 11 | 11 |
| Depreciation | 0 | 1 | 2 | 6 | 15 | 23 | 36 | 34 |
| Profit before tax | -4 | -428 | -1,325 | 28 | -107 | 158 | 84 | 245 |
| Tax % | 0% | 0% | 1% | 29% | 12% | 24% | 24% | 22% |
| Net Profit + | -4 | -428 | -1,332 | 20 | -121 | 121 | 64 | 191 |
| EPS in Rs | -3,431.37 | -419,637.25 | -1,306,098.04 | 19,291.26 | -8.84 | 3.73 | 1.97 | 5.87 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Honasa Consumer Ltd
Balance Sheet
Capital structure and asset base
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 136 | 324 | 325 | 325 |
| Reserves | 30 | -437 | -1,765 | 712 | -1,302 | 800 | 875 | 1,071 |
| Borrowings + | 0 | 593 | 1,974 | 0 | 1,866 | 110 | 110 | 109 |
| Other Liabilities + | 4 | 25 | 94 | 240 | 249 | 387 | 451 | 502 |
| Total Liabilities | 34 | 181 | 303 | 952 | 949 | 1,622 | 1,761 | 2,007 |
| Fixed Assets + | 0 | 1 | 21 | 98 | 126 | 170 | 165 | 188 |
| CWIP | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 |
| Investments | 26 | 124 | 164 | 532 | 392 | 426 | 459 | 549 |
| Other Assets + | 8 | 56 | 118 | 321 | 431 | 1,026 | 1,137 | 1,270 |
| Total Assets | 34 | 181 | 303 | 952 | 949 | 1,622 | 1,761 | 2,007 |
Financials of Honasa Consumer Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -4 | -10 | 30 | 52 | -23 | 218 | 78 | 119 |
| Cash from Investing Activity + | -23 | -117 | -21 | -518 | 3 | -459 | -132 | -13 |
| Cash from Financing Activity + | 28 | 129 | -1 | 481 | -7 | 344 | -24 | -30 |
| Net Cash Flow | 0 | 1 | 8 | 15 | -27 | 103 | -78 | 77 |
| Free Cash Flow | -5 | -11 | 29 | 49 | -31 | 211 | 65 | -84 |
| CFO/OP | 95% | 2% | -3% | 393% | -24% | 192% | 131% | 84% |
Financials of Honasa Consumer Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 57 | 35 | 27 | 25 | 30 | 30 | 24 | 31 |
| Inventory Days | 86 | 136 | 115 | 83 | 95 | 84 | 106 | 77 |
| Days Payable | 231 | 217 | 221 | 210 | 152 | 184 | 210 | 187 |
| Cash Conversion Cycle | -88 | -46 | -79 | -102 | -27 | -70 | -80 | -80 |
| Working Capital Days | 4 | 14 | -2 | -11 | 12 | -9 | -14 | 29 |
| ROCE % | -461% | -725% | 7% | 7% | 17% | 7% | 18% |
Guidance history
How Honasa Consumer Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 20–40% | Up 0–2% | Planned | — | — |
| Q4 FY26 call → | 10–20% | Up 2%+ | Planned | — | — |
| Q4 FY26 call → | 10–20% | Up 2%+ | Planned | — | Rising |
| Q3 FY26 call → | 20–40% | Up 0–2% | Planned | — | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
81 out of 100 — Strengthening
Over the past year its share price has done better than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +58.9% | 88% |
| Last 6 months | +29.8% | 81% |
| Last 3 months | −1.7% | 65% |
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Honasa Consumer Ltd: 0.4 × 88 + 0.4 × 81 + 0.2 × 65 = 81.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Honasa Consumer Ltd's management said in earlier quarters
Others in Personal Products this season
- Aakaar Medical (Q2 FY27)
Revenue from operations in H1 FY27: INR 43.72 Cr, up 72.6% YoY from INR 25.32 Cr in H1 FY26 (Page 12, 11, 4) . Key investor presentation takeaways from Aakaar M
- Recode Studios Ltd (Q4 FY26)
The company plans to sustain marketing spends at about 20% of revenue to support growth and brand visibility, implying continued focus on operating profits…
- Godrej Consumer Products Ltd (Q2 FY27)
Consolidated net sales for Q2 FY2027: ₹4,396 crore, up 19% year-on-year; constant currency growth 15% (Page 8) . Key investor presentation takeaways from Godrej
- Colgate-Palmolive (India) Ltd (Q2 FY27)
1,692 crore, up 12.2% year-on-year from Rs. Key results statement takeaways from Colgate-Palmolive (India) Ltd's Q2 FY27 results statement — and how it ranks ag