Honasa Consumer Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27
- June 11, 2026
- Posted by: Kunal Singla
- Category: News
Honasa Consumer Rs 442.10 (5 Oct 2026 close). 52-week range Rs 248.40 to Rs 509.80. Q1 FY27 PAT Rs 90.5 cr, up 119%.
Quick Answer
The Honasa Consumer share price target for 2026 is Rs 420 to Rs 478, which is between 5 percent below and 8 percent above the last close of Rs 442.10, with bull and bear cases of Rs 594 to Rs 666 and Rs 275 to Rs 319. Honasa Consumer, the Mamaearth parent, reported record Q1 FY27 profit up 119 percent to Rs 90.45 crore on revenue up 27 percent to Rs 755.9 crore, with EBITDA up 140 percent to Rs 110 crore at a 14.1 percent margin. A block deal of about Rs 643 crore on 29 September sent the stock down as much as 5 percent, and it trades at 57.8 times earnings against an industry average of 54.9. No brokerage price target was available on the sources we track as of 5 October 2026, so every range below is a Univest research scenario.
The Honasa Consumer share price target for 2026 is Rs 420 to Rs 478 in the Univest base case, with the stock at Rs 442.10 at the 5 October 2026 close. That is 13.3 percent below its 52-week high of Rs 509.80 and 78.0 percent above its 52-week low of Rs 248.40, and the stock moved up 51.5 percent over the past year. Honasa Consumer owns Mamaearth, The Derma Co and other beauty brands, sold online and across about 3 lakh retail outlets. Debt to equity is 0.10 and return on equity is 14.2 percent.
Three things changed since the last update: Q1 FY27 results on 13 August showed record profit, the stock hit Rs 509.80, and a Rs 643 crore block deal on 29 September pulled it down about 8 percent in a week. This Honasa Consumer stock analysis covers the Honasa Consumer share price today, the Honasa Consumer share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a Honasa Consumer buy or sell view.
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What Is the Honasa Consumer Share Price Target for 2026?
The 2026 target for Honasa Consumer shares is Rs 420 to Rs 478 in the Univest base case, which is -5.0% to +8.1% against the last close. The bull case is Rs 594 to Rs 666 and the bear case is Rs 275 to Rs 319. No brokerage price target was available on the sources we track as of 5 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.
Honasa Consumer Share Price Target Scenarios: Bull Case, Base Case and Bear Case
| Scenario | FY28E EPS | Target Multiple | Price Target (Rs) | Move vs Rs 442.10 |
|---|---|---|---|---|
| Bull Case | Rs 18 | 33x to 37x | 594 to 666 | +34.4% to +50.6% |
| Base Case | Rs 14.50 | 29x to 33x | 420 to 478 | -5.0% to +8.1% |
| Bear Case | Rs 11 | 25x to 29x | 275 to 319 | -37.8% to -27.8% |
FY28 EPS of Rs 14.50 in the base case is above trailing EPS of Rs 7.65 and the Q1 FY27 annualised figure of about Rs 11, assuming revenue growth near 20 percent and EBITDA margin of 14 percent. The bull case needs offline channels to keep growing above 40 percent, and the bear case assumes ad spending cuts the margin. The PE multiple used for each case is shown in the table, and the EPS estimate is a Univest assumption, not company guidance. Those assumptions set the Honasa Consumer share price target range around the current price.
Honasa Consumer Company Overview and Share Price Today as of 5 October 2026
Honasa Consumer share price today is Rs 442.10 on the NSE at the 5 October 2026 close, before the market opened on 6 October. The market capitalisation is Rs 14,404 crore, and the stock trades at 57.8 times earnings against an industry average of 54.9 times. The Univest base case Honasa Consumer share price target of Rs 420 to Rs 478 is -5.0% to +8.1% from here. The table below sets out the key numbers behind the Honasa Consumer share price target.
| Parameter | Value | Context |
|---|---|---|
| NSE Ticker | HONASA | BSE code 544014 |
| Sector | Beauty and personal care | Per Univest sector classification |
| Last Close (NSE) | Rs 442.10 | 5 Oct 2026 close |
| 52-Week High | Rs 509.80 | CMP is 13.3% below |
| 52-Week Low | Rs 248.40 | CMP is 78.0% above |
| 1-Year Return | About +52% | Weekly close Rs 291.85 on 3 Oct 2025 to Rs 442.10 |
| Market Capitalisation | Rs 14,404 crore | Small cap consumer company |
| Trailing P/E | About 57.8x | Industry P/E about 54.9x |
| P/B Ratio | About 10.20x | Book value Rs 43.33 per share |
| EPS (TTM) | Rs 7.65 | Trailing twelve months |
| Return on Equity | About 14.2% | Debt to equity 0.10 |
| Dividend Yield | About 0.68% | Dividend paid yearly |
| 12-Month Target (Base Case) | Rs 420 to Rs 478 | Univest base case |
| Bull Case | Rs 594 to Rs 666 | +34.4% to +50.6% |
| Bear Case | Rs 275 to Rs 319 | -37.8% to -27.8% |
Track live price, fundamentals and results for Honasa Consumer on the Univest Screener.
How Did Honasa Consumer Perform in Q1 FY27?
Honasa Consumer reported Q1 FY27 revenue from operations of Rs 755.9 crore, up 27 percent, EBITDA of Rs 110 crore, up 140 percent, and net profit of Rs 90.45 crore, up 119 percent from Rs 41.3 crore. On a like-for-like basis revenue grew 31.8 percent. Together these Q1 FY27 numbers anchor the Honasa Consumer share price target.
| Metric | Q1 FY27 | Context |
|---|---|---|
| Revenue from Operations | Rs 755.9 crore | Up 27%; like-for-like up 31.8% |
| EBITDA | Rs 110 crore | Up 140%; margin 14.1% vs 7.7% |
| Net Profit | Rs 90.45 crore | Up 119%; up 30% on Q4 |
| Gross Margin | About 70% | Stable |
| General and Modern Trade | Up over 40% | About 3 lakh outlets |
| EPS | About Rs 2.78 | Quarterly |
Mamaearth grew in the high teens, led by Rice Dewy Bright face cleanser, and Rosemary became the second hair ingredient to pass Rs 100 crore of annual revenue. Scale benefits lifted profit faster than sales. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the Honasa Consumer share price target.
Why Did Honasa Consumer Share Price Fall After the 29 September Block Deal?
Honasa Consumer shares fell as much as 5 percent to Rs 445 on 29 September 2026 after about 1.4 crore shares worth Rs 643 crore changed hands in a block deal. The stock lost 8.1 percent in the week of 28 September on volume of 2.59 crore shares.
Block deals by early investors have hit the stock before, including in January 2026. The stock is still up about 52 percent in a year, from Rs 291.85 in October 2025. The Honasa Consumer share price target scenarios below account for that move.
Key Catalysts for the Honasa Consumer Share Price Target in 2026
4 catalysts matter most for the Honasa Consumer share price target, and sector tailwinds in Beauty and personal care are part of the case. Together they decide whether the base case is reached.
1. Profit Growth
Profit rose 119 percent to a record Rs 90.45 crore on scale benefits. Another year of 20 percent growth lifts EPS toward Rs 14.50. If it plays out, the Honasa Consumer share price target moves toward the top of the base range.
2. Offline Expansion
General and Modern Trade grew over 40 percent with about 3 lakh outlets. Wider reach adds volume in smaller cities. Strength here would support the upper end of the Honasa Consumer share price target.
3. Focus Categories
Rosemary, Onion and Rice Dewy Bright are scaling past Rs 100 crore of annual revenue. Strong ingredients lift Mamaearth growth. Delivery on this point keeps the Honasa Consumer share price target on track.
4. Margin Expansion
EBITDA margin rose from 7.7 percent to 14.1 percent. Holding it supports the base case. Better news here would lift the Honasa Consumer share price target toward the bull case.
What Are the Key Risks to the Honasa Consumer Share Price Target?
The main risks are investor selling, a high valuation, advertising spend and competition. Each can pull the Honasa Consumer share price target lower.
Investor Selling
Early investors have sold through block deals, including Rs 643 crore on 29 September. More supply would pressure the price. If it materialises, the Honasa Consumer share price target would slip toward the bear case.
High Valuation
The stock trades at 57.8 times earnings and 10.2 times book. A de-rating toward 25 times FY28 EPS of Rs 11 would put the price near Rs 275. This is the main downside risk to the Honasa Consumer share price target.
Advertising Spend
Higher marketing spend could cut the 14 percent margin. Pricing pressure would add to it. A worsening here would cut the Honasa Consumer share price target toward the low end of the range.
Competition
Large consumer groups and online brands are cutting prices in beauty. Heavier discounting would hit growth. Watch it closely, because it can pull the Honasa Consumer share price target lower quickly.
Honasa Consumer Stock Analysis: Support and Resistance Levels for the Share Price Target
Honasa Consumer stock analysis on weekly charts shows a range of Rs 414 to Rs 493 since mid-August, with the stock near the lower end.
The first support level is Rs 413.85 to Rs 427, the lows of the weeks of 28 September and 5 October. Below that, Rs 400 to Rs 404 marks the June lows, and a weekly close under Rs 414 would weaken the base.
The first resistance level is Rs 463, the high of the week of 5 October. Above that, Rs 480 to Rs 492 marks the late-September and mid-September highs, and Rs 509.80 the 52-week high. These levels come from weekly price action, are not trade recommendations, and frame the near-term Honasa Consumer share price target.
Honasa Consumer Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term
Short-Term Honasa Consumer Share Price Target (3 to 6 Months)
In the near term the stock is likely to trade between Rs 414 and Rs 463, from the late-September low to the weekly high. A close above Rs 463 would put Rs 480 in play, while a weekly close under Rs 414 would put Rs 400 in play. The Q2 FY27 results are the main trigger. This range anchors the near-term Honasa Consumer share price target.
12-Month and 2027 Honasa Consumer Share Price Target
The 12-month target price is Rs 420 to Rs 478, valued on 29 to 33 times FY28 EPS of Rs 14.50. The range across scenarios runs from Rs 275 in the bear case to Rs 666 in the bull case.
Long-Term Honasa Consumer Share Price Target for FY29 to 2030
For FY29 to 2030 the Univest scenario range is Rs 560 to Rs 800. This assumes EPS of Rs 20 in FY29 and Rs 25 in FY30 and a multiple of 28 to 32 times. It needs 20 percent growth and margin near 14 percent. This is the long-term Honasa Consumer share price target in the Univest scenarios.
Bull Case and Bear Case for Honasa Consumer Share Price Target
Bull Case Rs 594 to Rs 666
The bull case of Rs 594 to Rs 666 for the Honasa Consumer share price target needs EPS of Rs 18 and the market to pay 33 to 37 times for it. It is +34.4% to +50.6% from the last close.
Bear Case Rs 275 to Rs 319
The bear case of Rs 275 to Rs 319 for the Honasa Consumer share price target equals 25 to 29 times FY28 EPS of Rs 11 and sits above the Rs 248.40 low. It is -37.8% to -27.8% from the last close.
Is Honasa Consumer a Good Buy at Rs 442? Honasa Consumer Buy or Sell View
Whether Honasa Consumer is a buy at Rs 442.10 depends on horizon and risk appetite. The base case implies -5 to 8 percent from here, the stock is up 52 percent in a year, and the open question is margin. The Honasa Consumer share price target range is the starting point for that decision.
Long-term holders may focus on profit growth, offline reach and margin, and treat Rs 414 as the level to watch. Short-term traders may prefer to wait for a close above Rs 463. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this Honasa Consumer buy or sell view is educational.
How to Invest in Honasa Consumer Shares
Step 1: Check the live price, valuation and the latest Honasa Consumer share price target range on the Univest Screener.
Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any Honasa Consumer share price target.
Step 3: Search for HONASA on the NSE or 544014 on the BSE in your trading app.
Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 275 is bearable.
Step 5: Track margin, offline growth and Q2 FY27 results and set price alerts on the Univest App to follow any change in the Honasa Consumer share price target.
Conclusion
Honasa Consumer closed at Rs 442.10 against a Univest base case share price target of Rs 420 to Rs 478, a bull case of Rs 594 to Rs 666 and a bear case of Rs 275 to Rs 319. Q1 FY27 delivered a 119 percent profit rise to a record Rs 90.45 crore and a 14.1 percent EBITDA margin. The main risks are block deals, valuation and ad spending.
The stock is 13.3 percent below its 52-week high, so the base case implies roughly -5 to 8 percent from here. The triggers to watch are margin, the Q2 FY27 results and the Rs 414 and Rs 463 levels. Re-check the Honasa Consumer share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.
Download the Univest iOS App or Univest Android App to track Honasa Consumer live price and get daily stock recommendations.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Honasa Consumer Share Price Target 2026
What is the Honasa Consumer share price target for 2026?
Ans. The Honasa Consumer share price target for 2026 is Rs 420 to Rs 478 in the Univest base case, with a bull case of Rs 594 to Rs 666 and a bear case of Rs 275 to Rs 319. No brokerage price target was available on the sources we track as of 5 October 2026, so every range below is a Univest research scenario. These are estimates and can change after the Q2 FY27 results.
What is the Honasa Consumer share price target for 2027?
Ans. The Honasa Consumer share price target for 2027 is Rs 420 to Rs 478 in the base case, valued on 29 to 33 times FY28 EPS of Rs 14.50. The scenario range runs from Rs 275 to Rs 666.
Is Honasa Consumer a good buy at Rs 442.10?
Ans. Whether Honasa Consumer is a good buy at Rs 442.10 depends on your horizon, risk appetite and how you read the Honasa Consumer share price target. Profit more than doubled and margin is at 14 percent, but the stock trades at about 58 times earnings and block deals add supply. Consult a SEBI-registered advisor before investing.
What are the key risks to the Honasa Consumer share price target?
Ans. The key risks to the Honasa Consumer share price target are investor selling, high valuation, advertising spend and competition. Early investors have sold through block deals, including Rs 643 crore on 29 September. More supply would pressure the price.
What are the key catalysts for the Honasa Consumer share price target?
Ans. The key catalysts for the Honasa Consumer share price target are profit growth, offline expansion, focus categories and margin expansion. Profit rose 119 percent to a record Rs 90.45 crore on scale benefits. Another year of 20 percent growth lifts EPS toward Rs 14.50.
Where can I track Honasa Consumer share price today and Honasa Consumer share price target updates?
Ans. You can track the live Honasa Consumer share price, results and any change to the Honasa Consumer share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.
What are Honasa Consumer’s 52-week high and low?
Ans. Honasa Consumer’s 52-week high is Rs 509.80 and its 52-week low is Rs 248.40, based on weekly NSE data. At Rs 442.10 the stock is 13.3 percent below the high and 78.0 percent above the low. Both levels frame the Honasa Consumer share price target.
How to buy Honasa Consumer shares?
Ans. Open a demat account with a SEBI-registered broker such as Univest, search for HONASA on the NSE or 544014 on the BSE, and place a limit order near your entry price, using the Honasa Consumer share price target range as a guide. Size the position so a fall to Rs 275 is bearable, and check the live price on the Univest Screener first.
