More about Honasa Consumer Limited
Fundamentals for Honasa Consumer Limited
Regulatory Filings for Honasa Consumer Limited
The Renewable Success Story Beyond Solar
Startups Mint India’s New Billionaires
India's Biggest IPO Has a Bigger Meaning
From Watches to Wealth: Titan's New Empire
Fundamentals for Honasa Consumer Limited
Business Operations:
Sector: Consumer DefensiveIndustry: Household & Personal Products
Honasa Consumer Limited operates as a digital-first beauty and personal care company in India and internationally. The company provides face care, body care and personal wash, hair care, suncare, color cosmetics, baby care, and fragrance products under Mamaearth, The Derma Co., Aqualogica, Ayuga, Staze and Dr. Sheth's brands. It offers beauty salon and hair styling services under the BBlunt brand; and Momspresso, a content development and influencer marketing platform. The company was formerly known as Honasa Consumer Private Limited and changed its name to Honasa Consumer Limited in November 2022.Honasa Consumer Limited was incorporated in 2016 and is based in Gurugram, India.
Revenue projections:
HONASA is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
| currentRatio | 1.687000 |
|---|---|
| forwardPE | 43.753757 |
| debtToEquity | 9.586000 |
| earningsGrowth | 1.755000 |
| revenueGrowth | 0.232000 |
| grossMargins | 0.701320 |
| operatingMargins | 0.101060 |
| trailingEps | 6.140000 |
| forwardEps | 9.530610 |
HONASA's current ratio being 1.687 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
Positive earnings and revenue growth for HONASA point to expected business expansion. The company is projected to continue growing its operations, as increasing profits and sales highlight a strong trajectory for further growth in the future.
With a forward EPS greater than its trailing EPS, HONASA is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.
Price projections:
Honasa Consumer Limited's price projections have been gradually revised upward, reflecting increased confidence in the company's future performance. This trend suggests analysts expect Honasa Consumer Limited to achieve greater success in the coming periods.
Recommendation changes over time:
The recent buy bias from analysts suggests Honasa Consumer Limited is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, Honasa Consumer Limited appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
If you have enjoyed reading, spread the word:
Good prospects:
Companies with the best and the worst fundamentals.
Latest Regulatory Filings for NSE500
Companies with the best and the worst technicals.
SEBI's New Gateway Is Rewiring Foreign Investment in India
Why Japan Backs India’s Truckers
India's $69B Eurasian Trade Power Play