Honasa Consumer Limited

NSEI:HONASA Stock Report

Market Cap: ₹135.3b

Honasa Consumer Valuation

Is HONASA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of HONASA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: HONASA (₹419.9) is trading above our estimate of future cash flow value (₹153.46)

Significantly Below Future Cash Flow Value: HONASA is trading above our estimate of future cash flow value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for HONASA?

Key metric: As HONASA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for HONASA. This is calculated by dividing HONASA's market cap by their current earnings.
What is HONASA's PE Ratio?
PE Ratio68.3x
Earnings₹2.00b
Market Cap₹135.31b

Price to Earnings Ratio vs Peers

How does HONASA's PE Ratio compare to its peers?

The above table shows the PE ratio for HONASA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average34x
531162 Emami
22.6x8.61%₹178.1b
533229 Bajaj Consumer Care
39.9x14.00%₹80.9b
507815 Gillette India
39.1xn/a₹255.6b
500459 Procter & Gamble Hygiene and Health Care
34.5x8.00%₹297.3b
HONASA Honasa Consumer
68.3x20.50%₹135.3b

Price-To-Earnings vs Peers: HONASA is expensive based on its Price-To-Earnings Ratio (68.3x) compared to the peer average (34x).


Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Earnings Ratio vs Industry

How does HONASA's PE Ratio compare vs other companies in the IN Personal Products Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
HONASA 68.3xIndustry Avg. 36.9xNo. of Companies3PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HONASA is expensive based on its Price-To-Earnings Ratio (68.3x) compared to the Indian Personal Products industry average (36.9x).


Price to Earnings Ratio vs Fair Ratio

What is HONASA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HONASA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio68.3x
Fair PE Ratio41.5x

Price-To-Earnings vs Fair Ratio: HONASA is expensive based on its Price-To-Earnings Ratio (68.3x) compared to the estimated Fair Price-To-Earnings Ratio (41.5x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst HONASA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹419.90
₹456.38
+8.69%
16.63%₹600.00₹320.00n/a13
Jun ’27₹402.85
₹402.85
-0.00096%
21.15%₹565.00₹270.00n/a13
May ’27₹340.60
₹374.85
+10.05%
20.59%₹500.00₹270.00n/a13
Apr ’27₹307.45
₹371.31
+20.77%
20.88%₹500.00₹270.00n/a13
Mar ’27₹303.00
₹370.00
+22.11%
21.41%₹500.00₹260.00n/a13
Feb ’27₹276.00
₹328.77
+19.12%
19.57%₹450.00₹242.00n/a13
Jan ’27₹283.60
₹327.85
+15.60%
19.20%₹450.00₹242.00n/a13
Dec ’26₹286.55
₹329.54
+15.00%
18.47%₹450.00₹250.00n/a13
Nov ’26₹284.30
₹310.77
+9.31%
18.47%₹400.00₹235.00n/a13
Oct ’26₹286.55
₹308.31
+7.59%
18.35%₹400.00₹235.00n/a13
Sep ’26₹299.15
₹307.54
+2.80%
18.99%₹400.00₹235.00n/a13
Aug ’26₹271.50
₹288.62
+6.30%
23.17%₹400.00₹197.00n/a13
Jul ’26₹302.80
₹287.42
-5.08%
24.17%₹400.00₹197.00n/a12
Jun ’26₹316.45
₹282.83
-10.62%
26.17%₹400.00₹180.00₹402.8512
May ’26₹246.44
₹263.67
+6.99%
25.68%₹400.00₹180.00₹340.6012
Apr ’26₹234.55
₹308.00
+31.32%
34.66%₹570.00₹180.00₹307.4512
Mar ’26₹215.43
₹308.00
+42.97%
34.66%₹570.00₹180.00₹303.0012
Feb ’26₹229.17
₹365.83
+59.63%
26.68%₹570.00₹250.00₹276.0012
Jan ’26₹249.50
₹391.67
+56.98%
21.94%₹570.00₹300.00₹283.6012
Dec ’25₹263.95
₹409.58
+55.17%
23.28%₹570.00₹300.00₹286.5512
Nov ’25₹395.00
₹532.83
+34.89%
11.74%₹639.00₹400.00₹284.3012
Oct ’25₹455.00
₹532.83
+17.11%
11.74%₹639.00₹400.00₹286.5512
Sep ’25₹505.40
₹512.27
+1.36%
9.54%₹570.00₹400.00₹299.1511
Aug ’25₹462.35
₹510.00
+10.31%
11.26%₹590.00₹400.00₹271.5010
Jul ’25₹441.20
₹510.00
+15.59%
11.26%₹590.00₹400.00₹302.8010
Jun ’25₹441.60
₹498.33
+12.85%
12.90%₹590.00₹400.00₹316.459
₹456.38
Fair Value
8.0% undervalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/23 11:32
End of Day Share Price 2026/06/23 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Honasa Consumer Limited is covered by 21 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Videesha ShethAmbit Capital
Ashwin MehtaAmbit Capital
Nitin BhasinAmbit Capital