Honasa Consumer Ltd
Incorporated in 2016, Honasa Consumer Limited (HCL) provides beauty and personal care products through its digital platform.[1]
- Market Cap ₹ 8,436 Cr.
- Current Price ₹ 260
- High / Low ₹ 547 / 222
- Stock P/E 112
- Book Value ₹ 35.5
- Dividend Yield 0.00 %
- ROCE 17.1 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 96.7% CAGR over last 5 years
Cons
- Stock is trading at 7.32 times its book value
- Promoter holding is low: 35.0%
- Earnings include an other income of Rs.67.0 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Trading Industry: Trading
Part of Nifty 500 Multicap 50:25:25 BSE SmallCap BSE Allcap BSE 400 MidSmallCap Index Nifty Smallcap 250
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 17 | 110 | 460 | 932 | 1,395 | 1,764 | 1,794 | |
| 21 | 541 | 1,794 | 916 | 1,350 | 1,634 | 1,722 | |
| Operating Profit | -4 | -432 | -1,334 | 16 | 45 | 130 | 72 |
| OPM % | -26% | -393% | -290% | 2% | 3% | 7% | 4% |
| 1 | 4 | 12 | 21 | -132 | 58 | 67 | |
| Interest | 0 | 0 | 1 | 3 | 5 | 7 | 10 |
| Depreciation | 0 | 1 | 2 | 6 | 15 | 23 | 29 |
| Profit before tax | -4 | -428 | -1,325 | 28 | -107 | 158 | 99 |
| Tax % | 0% | 0% | 1% | 29% | 12% | 24% | |
| -4 | -428 | -1,332 | 20 | -121 | 121 | 75 | |
| EPS in Rs | -3,431.37 | -419,637.25 | -1,306,098.04 | 19,291.26 | -8.84 | 3.73 | 2.33 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 154% |
| 3 Years: | 57% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 97% |
| 3 Years: | 28% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -39% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 136 | 324 | 325 |
| Reserves | 30 | -437 | -1,765 | 712 | -1,302 | 800 | 828 |
| 0 | 593 | 1,974 | 0 | 1,866 | 110 | 117 | |
| 4 | 25 | 94 | 240 | 249 | 387 | 420 | |
| Total Liabilities | 34 | 181 | 303 | 952 | 949 | 1,622 | 1,689 |
| 0 | 1 | 21 | 98 | 126 | 170 | 336 | |
| CWIP | 0 | 0 | 0 | 2 | 0 | 0 | 0 |
| Investments | 26 | 124 | 164 | 532 | 392 | 426 | 216 |
| 8 | 56 | 118 | 321 | 431 | 1,026 | 1,137 | |
| Total Assets | 34 | 181 | 303 | 952 | 949 | 1,622 | 1,689 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| -4 | -10 | 30 | 52 | -23 | 218 | |
| -23 | -117 | -21 | -518 | 3 | -459 | |
| 28 | 129 | -1 | 481 | -7 | 344 | |
| Net Cash Flow | 0 | 1 | 8 | 15 | -27 | 103 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 57 | 35 | 27 | 25 | 30 | 30 |
| Inventory Days | 86 | 136 | 115 | 83 | 95 | 84 |
| Days Payable | 231 | 217 | 221 | 210 | 152 | 184 |
| Cash Conversion Cycle | -88 | -46 | -79 | -102 | -27 | -70 |
| Working Capital Days | 5 | 14 | -0 | -11 | 15 | -6 |
| ROCE % | -461% | -725% | 7% | 7% | 17% |
Documents
Announcements
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Clarification For Recent Misinformation Being Spread By AICPDF Covered In Certain News Articles, And Social Media Conversations
21 Nov - Clarification on misinformation regarding distribution practices.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
20 Nov - Earnings Call Transcript for the Quarter and Half Year ended September 30, 2024
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Copy of Newspaper publication of financial results for the quarter and half year ended on September 30, 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
14 Nov - Audio recording of Q2 earnings conference call available.
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Statement Of Deviation
14 Nov - No deviation in IPO fund utilization for Q3 2024.
Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
Market Position[1] Honasa is India's largest digital-first beauty and personal care (BPC) company by revenue in FY24. As of CY23, according to Euromonitor, Mamaearth ranks as the third-largest skincare brand in India.[2]