
Here’s a breakdown of the provided stock market update:
🌱 Mamaearth (Honasa Consumer) Surges 17% Today!
Honasa Consumer (Mamaearth) shares have jumped 17% today, currently trading at ₹320.5. This strong performance comes even as the BSE FMCG index is up a solid 1.7% at 20,698.2.
Among other top gainers in the BSE FMCG index are ITC (up 2.6%) and Tata Consumer Products (up 2.0%). However, not all FMCG stocks are rising, with Balrampur Chini (down 1.2%) and Emami (down 0.7%) among today’s top losers.
Looking at the past year, while Mamaearth has seen a 24.5% decline (from ₹424.5 to ₹320.5), the broader BSE FMCG index has actually gained 4.5%. Over this same period, top performers in the FMCG sector include Godfrey Phillips (up 113.4%), E.I.D. Parry (up 55.9%), and CCL PRODUCTS (up 48.1%).
📈 Benchmark Indices Rally
The broader market is also showing strength today. The BSE Sensex is up 1.1% at 81,829.8, with Eternal Ltd (up 3.2%) and ITC (up 2.6%) leading the gains and being the most actively traded stocks. Similarly, the NSE Nifty is also up 1.1% at 24,888.1, with Eternal Ltd and ITC among its top gainers.
Over the last 12 months, the BSE Sensex has delivered a robust gain of 10.7%, adding 7,876.5 points.
📊 Mamaearth’s Financial Snapshot
For the quarter ended March 2025, Honasa Consumer reported an 18.0% drop in net profit to ₹250 million, compared to ₹305 million in the same period last year. However, net sales increased by 13.3% to ₹5,336 million.
Looking at the full fiscal year ended March 2024, the company saw a significant turnaround, with net profit soaring 173.2% to ₹1,105 million, compared to a net loss of ₹1,510 million in FY23. Revenue also grew by 28.6% to ₹19,199 million for FY24.
Currently, Mamaearth Honasa Consumer’s Price to Earnings (P/E) ratio stands at 143.4, based on its rolling 12-month earnings.