Honasa Shares Rally 17% After Q4 Results

Shares of Honasa Consumer soared over 17% to INR 322.70 apiece on the BSE intraday trading session today (May 23), a day after results.

As of 12:20 PM, the stock was up 16.5% at INR 320.80 per share on the BSE, compared to its previous close of INR 275.45 apiece on Thursday (May 22).

Honasa’s market capitalisation currently stands at INR 10,431.89 Cr ($1.21 Bn).

The company’s revenue from operations rose 13.3% to INR 533.6 Cr in Q4 FY25 from INR 471 Cr in the same period last year. Despite strong topline performance, Honasa’s bottomline in the quarter under review declined 18% to INR 25 Cr from INR 30.4 Cr in Q4 FY24, as margins fell.

It is to note that the company has recorded profit for the second straight quarter after slipping into the red in Q2, hurt by ongoing transition to omnichannel operations from super-stockist-led model to direct distributor model.

Further, Honasa also said it grew its offline distribution in FY25, with 1.2 Lakh unique outlets billed during the year as against 45,000 in Q1 FY25, and it has nearly completed its transition to its new direct distribution model across India’s top 50 cities.

With the shares surge for the day, Honasa marked its best day since November 18, 2024.

Meanwhile, the Indian broader market indices BSE Sensex was up 0.92% at 81,695.41, while Nifty 50 was up 0.95% at 24,843.95, as of 12:21 PM today.

(The story will be updated soon.)

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