Financials Honasa Consumer Limited

Equities

HONASA

INE0J5401028

Other Specialty Retailers

End-of-day quote NSE India S.E. 18:00:00 2024-05-30 EDT 5-day change 1st Jan Change
441.6 INR +4.68% Intraday chart for Honasa Consumer Limited +5.56% +0.18%

Valuation

Fiscal Period: March 2024 2025 2026
Capitalization 1 143,186 - -
Enterprise Value (EV) 1 124,011 136,000 133,890
P/E ratio 113 x 86.9 x 59.9 x
Yield - - 0.45%
Capitalization / Revenue 6.8 x 6.01 x 4.94 x
EV / Revenue 6.46 x 5.71 x 4.62 x
EV / EBITDA 90.5 x 65.5 x 43.8 x
EV / FCF 55.5 x 71.9 x 54.1 x
FCF Yield 1.8% 1.39% 1.85%
Price to Book 11.6 x 11.3 x 9.53 x
Nbr of stocks (in thousands) 324,244 - -
Reference price 2 441.6 441.6 441.6
Announcement Date 5/23/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2022 2024 2025 2026
Net sales 1 9,435 19,199 23,832 28,998
EBITDA 1 - 1,371 2,076 3,057
EBIT 1 - 1,065 1,716 2,614
Operating Margin - 5.55% 7.2% 9.01%
Earnings before Tax (EBT) 1 - 1,471 2,189 3,223
Net income 1 157.2 1,118 1,648 2,392
Net margin 1.67% 5.82% 6.91% 8.25%
EPS 2 - 3.550 5.081 7.372
Free Cash Flow 1 - 2,235 1,892 2,473
FCF margin - 11.64% 7.94% 8.53%
FCF Conversion (EBITDA) - 163.04% 91.13% 80.89%
FCF Conversion (Net income) - 199.96% 114.8% 103.39%
Dividend per Share 2 - - - 2.000
Announcement Date 12/30/22 5/23/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2024 Q2 2024 Q4
Net sales 1 - 4,744
EBITDA 1 - 312.3
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income 1 294.4 186
Net margin - 3.92%
EPS 0.9300 -
Dividend per Share - -
Announcement Date 11/22/23 -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2022 2024 2025 2026
Net Debt 1 - - - -
Net Cash position 1 - 6,465 7,186 9,297
Leverage (Debt/EBITDA) - - - -
Free Cash Flow 1 - 2,235 1,892 2,473
ROE (net income / shareholders' equity) - 13.1% 13.7% 17%
ROA (Net income/ Total Assets) - 8.57% 9.56% 10.5%
Assets 1 - 13,043 17,236 22,806
Book Value Per Share 2 - 34.80 39.10 46.30
Cash Flow per Share - - - -
Capex 1 - 118 284 345
Capex / Sales - 0.61% 1.19% 1.19%
Announcement Date 12/30/22 5/23/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
441.6 INR
Average target price
498.3 INR
Spread / Average Target
+12.85%
Consensus

Annual profits - Rate of surprise

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