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Shares of Honasa Consumer, the parent company of Mamaearth, touched a 52-week high of ₹501.60 on the National Stock Exchange on Friday, August 14, before trading around ₹489.50, up about 2.1 per cent, by mid-session, with over 1.27 crore shares changing hands, worth roughly ₹631 crore by 12.15 pm.The stock’s move comes a day after the company reported its highest-ever quarterly revenue and profit, with consolidated revenue from operations at ₹756 crore on a reported basis and ₹785 crore on a like-for-like basis, up about 32 per cent year-on-year. EBITDA more than doubled to ₹110 crore, with margins expanding to 14.1 per cent. Profit after tax came in at ₹90 crore, an increase of over 116 per cent year-on-year.Both HDFC Securities and JM Financial maintained BUY ratings on the stock following the results. HDFC Securities has a June 2027 target price of ₹550, while JM Financial raised its target price to ₹560 from ₹485 earlier, citing strong Q1 performance and an upbeat outlook. JM Financial revised its FY27–29 earnings estimates upward by 15 to 19 per cent.HDFC Securities noted that the company’s adjusted EBITDA margin of around 13 per cent beat their estimate of 12.5 per cent, supported by better channel mix and seasonal tailwinds. The brokerage expects high-teen revenue growth and sub-30 per cent earnings CAGR over FY26–29.JM Financial pointed to Mamaearth’s acceleration to high-teens sales growth in the quarter, up from mid-teens in Q4 FY26, as a key positive. The brokerage added that management expects overall revenue growth in FY27 to exceed the company’s five-year high-teens CAGR guidance, with further margin expansion expected from improving mix and operating leverage.On the business side, the company’s younger brands, including The Derma Co, Aqualogica, Dr. Sheth’s, BBlunt, Staze and newly acquired Reginald Men, grew collectively at 40 per cent. The Derma Co crossed an annualised revenue run rate of ₹1,000 crore. General trade and modern trade both grew over 40 per cent, while eCommerce grew over 20 per cent.The stock has returned approximately 75 per cent over the past year against Nifty 500’s gain of around 4 per cent in the same period. The sell side order book on NSE showed about 72 per cent on the sell side versus 28 per cent on the buy side mid-session, reflecting some profit-booking near the 52-week high. The stock carries a P/E of around 62.7 times.Published on August 14, 2026