Honasa Consumer’s shares leapt 7.5% to ₹470.6 on Tuesday, following the company’s exchange filing that flagged another robust quarter ahead.
The filing revealed that Net Sales Value for Q2 is expected to climb in the early‑30% range YoY, a lift that builds on the momentum seen in the June quarter.
Mamaearth, the flagship brand, is slated for high‑teens YoY growth in Net Sales Value, backed by widening offline reach and rising brand affinity. Meanwhile, the company’s newer brands, still scaling fast, anticipate YoY growth in the mid‑forties, reflecting strong traction across categories.
Offline channels remain the engine of growth, with both General Trade and Modern Trade projected to post solid gains, driven by deeper direct distribution in General Trade and sharper execution at the point of sale. The online segment is also expected to maintain its growth trajectory.
On the profitability front, Honasa aims to hit early double‑digit operating margin in Q2, aligning with the broader goal of EBITDA margin improvement. This target underscores the company’s confidence in sustaining margin expansion amid rising costs.
Looking ahead, investors will be watching the Q2 earnings release on October 31 for confirmation of these forecasts, while analysts will gauge whether the guidance holds against the backdrop of a competitive FMCG landscape.