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31 Jul 2025 |
Honasa Consumer
|
Consensus Share Price Target
|
269.20 |
288.62 |
- |
7.21 |
hold
|
|
|
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30 Jun 2025
|
Honasa Consumer
|
ICICI Securities Limited
|
269.20
|
400.00
|
310.70
(-13.36%)
|
48.59 |
Buy
|
|
|
We hosted Honasa Day, which featured presentations from Varun Alagh (Co-founder & CEO), Ghazal Alagh (Cofounder & CIO) and team. Given the management conviction, the evolution in the business strategy and the strength in execution, we reiterate our high conviction positive stance on Honasa.
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|
07 Jul 2024
|
Honasa Consumer
|
Emkay
|
269.20
|
525.00
|
482.35
(-44.19%)
|
Target met |
Buy
|
|
|
Honasa remains our favored pick in the sector, on better execution supporting a healthy revenue growth trend/margin expansion; this would lead to valuation re-rating
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|
01 May 2024
|
Honasa Consumer
|
Emkay
|
269.20
|
500.00
|
431.20
(-37.57%)
|
Target met |
Buy
|
|
|
Offline channels, which bring ~1/3rd of revenue for Honasa, are likely to be a big driver of growth going ahead (better margin channel).
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|
28 Apr 2024
|
Honasa Consumer
|
ICICI Securities Limited
|
269.20
|
550.00
|
428.70
(-37.21%)
|
|
Buy
|
|
|
‘Honasa’ is derived from Honest, Natural, Safe. We believe its flywheel of ‘Mamaearth’ is replicable in other brands (demonstrated by success of ‘The Derma Co’, etc.).
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|
22 Apr 2024
|
Honasa Consumer
|
Emkay
|
269.20
|
500.00
|
404.60
(-33.47%)
|
Target met |
Buy
|
|
|
Honasa, in a journey to gain scale in the Indian Beauty market, has built ‘The Derma Co’ — their second profitable brand, with ARR of Rs5bn+. The Derma Co, launched in 2020, offers science-backed products powered by active ingredients. It leads the market, sized at Rs20bn, with ~20% share
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31 Oct 2023
|
Honasa Consumer
|
Hem Securities
|
269.20
|
|
|
|
IPO Subscribe
|
|
|
|
|
30 Oct 2023
|
Honasa Consumer
|
HDFC Securities
|
269.20
|
|
|
|
IPO Note
|
|
|
Issue Snapshot: Issue Open: October 31 November 02, 2023 Price Band: Rs. 308 324 (Discount of Rs 30 for all eligible employee) *Issue Size: 52,513,594 eq sh (Fresh Issue of Rs 365 cr + Offer for sale of 41,248,162 eq sh including employee reservation of Rs.1 cr) Reservation for: QIB atleast 75% eq sh Non-Institutional upto 15% eq sh ((including 1/3rd for applications between Rs.2 lakhs to Rs.10 lakhs)) Retail upto 10% eq sh Face Value: Rs 10 Book value: Rs 20.29 (June 30, 2023) Bid size: - 46 equity shares and in multiples thereof 100% Book built Issue ipo-note Honasa Consumer Limited 30102023
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|
30 Oct 2023
|
Honasa Consumer
|
Ventura
|
269.20
|
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|
|
IPO Note
|
|
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