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Business · Updated 6 Oct, 10:34 am IST

Honasa shares jump after strong Q2 growth outlook

Image: Inc42

Why it matters for readers: It explains why a cosmetics company's stock rose: better sales forecasts and progress beyond its main brand.

  • Honasa shares rose as much as 8.2% to ₹478.20 on the BSE in early trade after the update.1
  • The company expects net sales value (NSV) growth in the low thirties year-on-year for the quarter ended September 2026.1
  • Mamaearth is forecast to register NSV growth in the high teens while newer brands are expected to post mid-forties NSV growth.1
  • Honasa expects a low double-digit operating margin with a strong year-on-year improvement as it expands EBITDA.1
  • Growth is reported to be supported by higher brand penetration and revamped offline network expansion.1
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