Honasa Shares Jump Over 8% On Strong Q2 Growth Outlook

by · Inc42

SUMMARY

  • Honasa Consumer shares jumped over 8% in early trade after the company projected net sales value growth in the low thirties for Q2 FY27.
  • Faster growth across younger brands signals progress in Honasa’s efforts to reduce its dependence on Mamaearth, while its revamped offline network continues to drive growth.
  • Honasa expects a low double-digit operating margin, with Mamaearth’s NSV growing in the high teens and younger brands’ growth reaching the mid-forties.