Honasa Consumer Ltd Share Price Target 2024, 2025 to 2030

In 2016, the inception of Mamaearth marked a transformative journey spurred by the parental instincts of Ghazal and Varun, who, upon becoming new parents, were struck by the need for safe and toxin-free products for their baby. Disheartened by the prevalence of harmful substances in existing offerings, they embarked on a mission to redefine the standard. Mamaearth emerged as Asia’s pioneering brand with Made Safe certified products, symbolizing a beacon of trust and reliability for parents navigating the complex landscape of baby care.

Driven by a deep-seated commitment to quality and safety, Mamaearth has cultivated a community of digitally engaged mothers, leveraging their insights to fuel continuous product innovation. What began as a quest to meet the needs of babies soon evolved into a holistic approach to clean beauty, as Mamaearth expanded its portfolio to encompass various segments of the Beauty and Personal Care industry. This expansion underscores Mamaearth’s enduring dedication to empowering consumers with products that prioritize safety, efficacy, and sustainability, resonating with the evolving demands of modern parenting and skincare alike.

Honasa Consumer Ltd’s Q4 Profits Soar to Rs 30.47 Crore, Registers 21.5% Sales Growth

• Honasa Consumer Ltd, the parent company of Mamaearth and The Derma Co, reported a consolidated profit after tax of Rs 30.47 crore for Q4 ended March 2024, marking a significant turnaround from a loss of Rs 161.75 crore in the same period last year.
• Revenue from operations surged by 21.46% to Rs 471.09 crore compared to Rs 387.85 crore in the previous year.
• The company witnessed a noteworthy 780-basis point improvement in EBITDA margins year-on-year, achieving its highest-ever quarterly profit after tax.
• Expenses rose by 12.66% to Rs 450.88 crore in the March quarter of FY24.
• Mamaearth, the flagship brand, expanded its presence to 1,88,377 FMCG retail outlets across India by March 2024, showing a robust 34% YoY increase in distribution.
• Introduction of new products contributed approximately 18% to the FY24 revenue from operations.
• Despite industry challenges, Honasa Consumer demonstrated resilience and robust growth, achieving a remarkable 23.3% LFL growth for the quarter and an impressive 31.6% annually.
• For the full financial year ending March 31, 2024, the company’s profit after tax stood at Rs 110.52 crore, with revenue from operations surging by 28.61% to Rs 1,919.90 crore compared to the previous fiscal year.

How to Buy Honasa Consumer Ltd shares?

You can buy Honasa Consumer Ltd shares from the following trading platforms:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Share Price Prediction of Honasa Consumer Ltd: 2024 to 2030

Honasa Consumer Ltd Share Price Target 2024

Honasa Consumer Ltd Share Price Prediction 2025

In January 2025, Honasa Consumer Ltd is expected to range from ₹504.30 to ₹387.92. February could see prices at ₹509.39 and ₹391.84. March may bring them to ₹520.09 and ₹400.07. April’s forecast is around ₹514.94 and ₹396.11. By May, expect ₹499.94 and ₹384.57. June might rise to ₹522.44 and ₹401.88. July could settle at ₹512.20 and ₹394.00. August may peak at ₹528.04 and ₹406.18. September could reach ₹534.37 and ₹411.06. October might see ₹548.27 and ₹421.74. November’s projection is around ₹561.97 and ₹432.29. Finally, in December 2025, expect a range of ₹587.26 to ₹451.74.

Honasa Consumer Ltd Share Price Target 2026

Honasa Consumer Ltd Share Price Target 2027

Honasa Consumer Ltd Share Price Target 2028

Honasa Consumer Ltd Share Price Target 2029

Honasa Consumer Ltd Share Price Prediction 2030

Financial Condition of Honasa Consumer Ltd: Last 5 years

In conclusion, Honasa Consumer Limited’s Q4 results for the fiscal year ending March 2024 reflect a remarkable journey of growth, resilience, and innovation. With a consolidated profit after tax of Rs 30.47 crore and a substantial increase in revenue from operations, the company has showcased its ability to adapt to market dynamics and capitalize on emerging opportunities. The expansion of Mamaearth’s retail presence and the introduction of new products signify Honasa’s commitment to meeting evolving consumer needs and driving sustainable growth. As Honasa continues to strengthen its position as a leader in the digital-first brand space, its focus on operational efficiency, product innovation, and customer-centricity will undoubtedly drive continued success in the years to come.