Honasa Share Price Target Tomorrow 2024 To 2030- Prediction, Market Overview

Honasa Consumer Ltd is the parent company of popular personal care brands like Mamaearth, The Derma Co., and Aqualogica. It was founded in 2016 and has gained attention for offering natural, toxin-free, and eco-friendly products. The company targets millennials and Gen Z with its innovative and sustainable approach to skincare, haircare, and baby care. Honasa Share Price on NSE as of 19 November 2024 is 262.75 INR. Here will provide you more details on Honasa Share Price Target 2024, 2025, 2026 to 2030.

Honasa Consumer Ltd: Market Overview

• Open Price: ₹254.95
• High Price: ₹270.00
• Low Price: ₹242.35
• Previous Close: ₹297.25
• Volume: 12,601,303
• Value (Lacs): ₹33,280.04
• VWAP: ₹261.51
• UC Limit: ₹356.70
• LC Limit: ₹237.80
• P/E ratio: 104.67
• Div yield: N/A
• 52-wk high: ₹547.00
• 52-wk low: ₹242.35
• Mkt cap: ₹8.61KCr
• Face Value: ₹10

Honasa Consumer Ltd Competitors

Here are four competitors of Honasa Consumer Ltd (parent company of Mamaearth) along with their approximate market capitalizations:

1. Dabur India Ltd
   • Market Capitalization: ₹96,000 crore
   • Focuses on Ayurvedic and natural personal care products​.
2. Hindustan Unilever Ltd (HUL)
   • Market Capitalization: Over ₹5.5 lakh crore
   • A leading player in beauty and personal care with a diverse portfolio​.
3. Nykaa (FSN E-Commerce Ventures)
   • Market Capitalization: Around ₹36,000 crore
   • An e-commerce leader in beauty and wellness products​.
4. Emami Ltd
   • Market Capitalization: ₹24,000 crore
   • Known for its herbal and natural beauty care offerings.

Honasa Share Price Chart

Honasa Share Price Target Tomorrow 2024 To 2030

Honasa Share Price Target 2024

Honasa share price target 2024 Expected target could be ₹550. Here are three key factors that could influence Honasa Consumer Ltd.’s share price target for 2024:

• Revenue Growth and Profitability: Honasa’s ability to sustain high revenue growth through its flagship brand Mamaearth and other product lines will be critical. Improving profit margins, especially after its recent expansion efforts, will be closely monitored by investors.
• Market Expansion: The company’s success in scaling its offline presence while maintaining dominance in the digital-first market will significantly affect its valuation. Additionally, entry into international markets could drive growth.

• Competitive Landscape: Increased competition from established players like Dabur, Nykaa, and Hindustan Unilever in the personal care and clean beauty segments may impact market share and profitability. Honasa’s ability to innovate and maintain brand loyalty will play a vital role​.

Honasa Share Price Target 2025

Honasa share price target 2025 Expected target could be ₹660. Here are three potential risks and challenges for Honasa Consumer Ltd. in achieving its share price target for 2025:

• Sustained Profitability: Although Honasa has shown strong revenue growth, maintaining profitability amidst rising operating costs and marketing expenses could be challenging. Profit margins are under pressure due to competitive pricing and increased offline expansion costs​.
• Market Competition: The clean beauty and personal care space is highly competitive, with players like Nykaa, Dabur, and Hindustan Unilever offering similar products. Intensified competition could limit Honasa’s market share and growth potential​.

• Economic and Consumer Trends: Economic slowdowns or shifts in consumer spending habits may impact demand for premium personal care products. Additionally, changes in regulatory policies on sustainability and natural products could increase compliance costs.

Honasa Share Price Target 2030

Honasa share price target 2030 Expected target could be ₹1120. Here are three potential risks and challenges for Honasa Consumer Ltd. in achieving its share price target by 2030:

• Market Saturation: The personal care and clean beauty market could face saturation as more players enter the space, increasing competition. This could make it harder for Honasa to sustain its growth trajectory and maintain its market share​.
• Global Expansion Risks: While international markets offer growth opportunities, they also come with challenges like regulatory hurdles, cultural differences, and higher operational costs, which could strain Honasa’s resources and impact profitability​.

• Sustainability and Compliance Costs: Increasing demand for eco-friendly and sustainable practices may require significant investments in innovation, packaging, and supply chain processes. Failure to adapt or rising costs could affect profit margins and brand perception​.

Honasa Consumer Ltd Shareholding Pattern

• Promoters: 34.98%
• Retail and Others: 28.22%
• FII: 19.32%
• DII: 13.61%
• Mutual Funds: 3.87%

Honasa Consumer Ltd Financials

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