HONASA

Honasa Consumer Limited

House-of-brands beauty and personal care products maker with Mamaearth and other brands

Fast Moving Consumer Goods›Fast Moving Consumer Goods›Personal Products›Personal Care

honasa.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹452.25
Market cap
14,744 Cr
Stock P/E
59.2
P/B
10.42
ROE (FY26)
14.2%
ROCE (FY26)
19.2%
Operating margin (FY26)
8.0%
Debt / equity (FY26)
0.00
OCF / EBITDA (FY26)
59.9%
OCF / EBITDA (3Y)
108.4%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Honasa (Honasa Consumer) builds and sells beauty and personal care brands, led by Mamaearth, to consumers in India through e-commerce, quick commerce, modern trade and general trade.

Company snapshot

8thBy market cap

Ranked among 10 companies in Personal Care.

What we see

Positives
  • ✓108% of operating profit came in as cash over the last three years — profits are backed by real cash.
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Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales496 Cr488 Cr471 Cr554 Cr462 Cr518 Cr534 Cr595 Cr538 Cr602 Cr657 Cr756 Cr
Operating expenses (approx.)456 Cr454 Cr438 Cr508 Cr493 Cr491 Cr507 Cr549 Cr490 Cr536 Cr580 Cr646 Cr
EBITDA40 Cr34 Cr33 Cr46 Cr-31 Cr26 Cr27 Cr46 Cr48 Cr66 Cr77 Cr110 Cr
OPM %8.1%7.1%7.0%8.3%-6.6%5.0%5.1%7.7%8.9%10.9%11.8%14.6%
Other income7 Cr11 Cr19 Cr19 Cr20 Cr19 Cr21 Cr24 Cr20 Cr21 Cr19 Cr23 Cr
Interest2 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr
Depreciation6 Cr8 Cr10 Cr9 Cr11 Cr13 Cr12 Cr11 Cr12 Cr11 Cr11 Cr10 Cr
Profit before tax39 Cr35 Cr39 Cr52 Cr-24 Cr29 Cr32 Cr56 Cr53 Cr67 Cr82 Cr119 Cr
Tax %24.9%25.4%22.4%23.2%23.8%11.5%22.4%25.7%25.6%25.2%15.2%24.1%
Net profit29 Cr26 Cr30 Cr40 Cr-19 Cr26 Cr25 Cr41 Cr39 Cr50 Cr69 Cr90 Cr
EPS (₹)₹0.96₹0.82₹0.97₹1.24₹-0.57₹0.80₹0.77₹1.27₹1.21₹1.54₹2.13₹2.77

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,493 Cr1,920 Cr2,067 Cr2,392 CrSign in free for the trailing twelve months
Operating expenses (approx.)1,470 Cr1,783 Cr1,998 Cr2,156 CrSign in free for the trailing twelve months
EBITDA23 Cr137 Cr69 Cr236 CrSign in free for the trailing twelve months
OPM %1.5%7.1%3.3%9.9%Sign in free for the trailing twelve months
Other income23 Cr50 Cr79 Cr84 CrSign in free for the trailing twelve months
Interest7 Cr9 Cr13 Cr13 CrSign in free for the trailing twelve months
Depreciation25 Cr31 Cr45 Cr44 CrSign in free for the trailing twelve months
Profit before tax-141 Cr147 Cr90 Cr257 CrSign in free for the trailing twelve months
Tax %-7.0%24.9%18.9%22.2%Sign in free for the trailing twelve months
Net profit-151 Cr111 Cr73 Cr200 CrSign in free for the trailing twelve months
EPS (₹)₹-4.66₹3.57₹2.24₹6.15Sign in free for the trailing twelve months
Dividend payout %—0.0%0.0%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2023Mar 2024Mar 2025Mar 2026
Equity capital136 Cr324 Cr325 Cr325 Cr
Reserves470 Cr771 Cr855 Cr1,086 Cr
Borrowings4 Cr———
Other liabilities357 Cr537 Cr610 Cr681 Cr
Total liabilities966 Cr1,632 Cr1,790 Cr2,092 Cr
Fixed assets (net)13 Cr144 Cr147 Cr136 Cr
CWIP—0.46 Cr0.08 Cr—
Investments260 Cr292 Cr305 Cr272 Cr
Inventories114 Cr123 Cr158 Cr165 Cr
Trade receivables128 Cr159 Cr132 Cr198 Cr
Cash & bank8 Cr107 Cr33 Cr119 Cr
Other assets443 Cr806 Cr1,015 Cr1,202 Cr
Total assets966 Cr1,632 Cr1,790 Cr2,092 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity-52 Cr235 Cr102 Cr141 Cr
Cash from investing43 Cr-470 Cr-145 Cr-17 Cr
Cash from financing-14 Cr337 Cr-31 Cr-38 Cr
Net cash flow-23 Cr102 Cr-74 Cr86 Cr
Free cash flow (OCF − Capex)-63 Cr235 Cr82 Cr134 Cr

Ratios

MetricMar 2023Mar 2024Mar 2025Mar 2026
ROCE %-22.0%14.3%8.7%19.2%
ROE %-23.6%10.2%6.2%14.2%
Debtor days31302330
Inventory days28232825
Days payable48566357
Cash conversion cycle11-2-12-2
OCF / EBITDA %n.m.171.7%149.1%59.9%
OCF / EBITDA % (3 years)——125.2%108.4%
Debt / equity0.0060——0.00
Current ratio2.262.732.071.69
Net debt / EBITDA-0.20-0.78-0.48-0.50