Mamaearth stock surged 20% in a day: reached ?330, gave 27% return in 5 days; Reason- strong revenue growth in the fourth quarter

Mamaearth’s parent company Honasa Consumer Limited’s stock rose 20% on Friday, May 23. It rose by Rs 55 in a day to reach Rs 330.19. This rise in the stock was due to the strong quarterly results of the company. Honasa has made a profit of Rs 25 crore in the fourth quarter of FY 2024-25. It has declined by 18% year-on-year. However, the company’s operational revenue grew 13% to Rs 534 crore. It was Rs 471 crore in the same quarter last year. Q4FY25 gross profit margin increased by 70.7% in Q4FY25 The company’s gross profit margin has increased by 70.7% in Q4FY25. EBITDA i.e. Earnings Before Interest Tax Depreciation and Amortization fell 18% to Rs 27 crore as compared to last year. In Q4FY24, the company generated EBITDA of Rs 33 crore. EBITDA margin has also fallen from 7% to 5.1%. Honasa Consumer stock rose 23% in 5 days Honasa Consumer stock has given a return of 26.75% in the last 5 days, 40.14% in one month, 45.55% in six months and 32.34% this year i.e. from January 1 till now. However, it has fallen 21.07% in the last one year. The market cap of the company is Rs 10,740 crore. Honasa Consumer manufactures personal care and beauty products Honasa Consumer Limited manufactures personal care and beauty products. The company sells its products through several brands such as Mamaearth, The Derma Company, Aqualogica and Ayuga. Apart from this, the company has also made several strategic acquisitions to strengthen its portfolio. This includes product and service company BeBlunt and dermatologist-formulated skincare brand Dr Sheth. The company was started in 2016. Its founders are Ghazal and Varun. After becoming new parents, they decided to make toxin-free products for their baby. According to the company’s website, Mamaearth is Asia’s first brand whose products are Made Safe certified.

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *