07 Nov 2026, 06:52 IST
Honasa Consumer Limited
HDFC Securities · BUY · target INR 565
The report maintains a BUY rating with a Sep-27 target price of INR 565 (raised from INR 550), citing healthy Q2FY27 revenue growth of 36%, volume growth of 31%, EBITDA growth of 95% YoY with margin at 12.7%, and raised FY27 earnings estimates by 8% on continued execution strength in offline distribution and younger brands.
From Honasa Q2FY27 HSIE, written by HDFC Securities. Orivam summarised it; the view is HDFC Securities's, not Orivam's.
Open the original PDF →Research PDFs are often removed by the firms that publish them. The summary above is kept so this page still means something if that happens.