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Honasa Consumer Shares Surge 12 Percent on Strong Q2 Operating Margin Outlook
M
Moneycontrol•06-10-2026, 11:48
Honasa Consumer Shares Surge 12 Percent on Strong Q2 Operating Margin Outlook
- •Honasa Consumer shares jumped nearly 12 percent after the Mamaearth parent projected an early double-digit operating margin for Q2 FY27.
- •The stock reached a high of Rs 493 per share before paring some gains as investors booked profits at higher levels.
- •The company expects Net Sales Value year-on-year growth to be in the early thirties, driven by traction across focus categories and brands.
- •Mamaearth is projected to post high-teens YoY NSV growth, boosted by rising brand affinity and an expanding offline footprint.
- •Offline sales continue to lead growth with strong performances expected in both General Trade and Modern Trade channels.
Key Questions Answered
Honasa Consumer shares surged after the Mamaearth parent company announced it expects to deliver an early double-digit operating margin in Q2 FY27 alongside strong year-on-year gains.
Mamaearth is expected to post high-teens year-on-year Net Sales Value growth during Q2 FY27, supported by rising brand affinity and a widening offline footprint.
The company's younger brands are expected to accelerate their year-on-year NSV growth to around the mid-forties during the second quarter of FY27.
